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$7,498,000

W 1203 38th Avenue

Shaughnessy, Vancouver, BC, V6M 1R2

6 | 8 | 4 | 5,985 sq.ft. | Year Built: 1996 |

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$1.2M in renovations in 2023! Gorgeous Shaughnessy mansion on huge 9140sqft corner lot. Entire home renovated - new roof, windows, limestone exterior, italian herringbone floors, oriental white marble, materika Italian porcelain bathroom walls. contemporary drop ceilings with recessed cove lighting, $200K Leicht German millwork kitchen with Miele, Gaggenau and Smeg appliances. Home features smart climate controls, indoor pool, sauna, steam showers, wet bar. 3 car garage renovated with epoxy floors, new paint, lights. Walking distance to Eric Hamber Secondary & Vancouver College.

Property Info

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MLS®: R3006904

Listing Courtesy of RE/MAX Westcoast

Total Bedrooms 6

Total Bathrooms 8

Floor Space 5985 sq.ft.

Lot Size 9141 sq.ft.

Title Type Freehold NonStrata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $7,498,000

Unit Pricing $1,253/sq.ft.

Strata Fee $0.00

Tax Estimate $26,944/Year

Year Built 1996

Interior Features

Rooms

Main Living Room 16'11 * 25'8

Main Foyer 11'5 * 10'8

Main Dining Room 12'4 * 13'4

Main Kitchen 16'1 * 14'5

Main Eating Area 12' * 20'9

Above Primary Bedroom 16'10 * 14'7

Above Bedrooms 11'10 * 10'7

Above Bedrooms 14'9 * 12'

Above Bedrooms 15'1 * 11'9

Above Walk-In Closet 7'8 * 6'11

Above Walk-In Closet 10'11 * 4'1

Bsmt Bedrooms 12' * 11'

Bsmt Bedrooms 10'5 * 11'6

Bsmt Media Room 15'10 * 20'

Bsmt Recreation Room 14' * 15'

Bsmt Laundry 9'1 * 7'8

Bsmt Sauna 5'7 * 7'2

More Details

Storey 3

Floor Space Finished 5985.00 sq.ft.

Roof XXXXXXX

Zoning RS-5

Floor Finish XXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Garage Triple, Lane Access

Parking Cover 3

Parking Total 4

Fuel Heating Radiant

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: Vancouver West
Street Name: 38th
City: Vancouver
State Or Province: BC
Postal Code: V6M 1R2
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2022

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 7
Bathrooms Half: 1

Interior Features

Fireplaces Total: 2
Flooring: Hardwood
Basement: Full, Finished
Interior Features: Wet Bar

Exterior Features

Exterior Features: Balcony, Private Yard
Roof: Asphalt
Pool Features: Indoor

Property

Utilities

Sewer: Public Sewer, Storm Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1996
Lot Size Square Feet: 9141
Building Area Total: 5985
Living Area: 5985

Lot Information

Lot Features: Central Location, Lane Access, Private
Parcel Number: 011104422

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City Introduction

Overview of Vancouver, BC, Canada

Population

Vancouver is the largest city in British Columbia, with a population of approximately 660,000 (2023). The Greater Vancouver area has over 2.6 million residents. Vancouver is one of Canada's most diverse cities, with significant Chinese, South Asian, and Filipino communities.

Economy

Key Industries: Technology, film production, tourism, port trade, and real estate.
Tech Hub: Known as the "Silicon Valley of the North," Vancouver is home to numerous tech companies and startups.
Film Industry: Vancouver is the third-largest film production center in North America, after Los Angeles and New York.
Port Trade: The Port of Vancouver is Canada's largest port, connecting Asian and North American markets.

Living Features

Natural Environment: Vancouver is renowned for its stunning natural scenery, including Stanley Park, English Bay, and the North Shore Mountains.
Climate: Mild winters and cool summers make it ideal for outdoor activities.
Education: Home to prestigious universities like the University of British Columbia (UBC) and Simon Fraser University (SFU).
Multiculturalism: A vibrant multicultural community with diverse dining and cultural events.

Real Estate Investment

Prices: Vancouver is one of Canada's most expensive cities, with detached homes averaging $2 million CAD and condos around $800,000 CAD (2023).

Opportunities:

Strong demand from immigrants and students ensures a robust rental market.
Limited land supply and population growth support long-term price appreciation.

Risks:

High prices and foreign buyer taxes (20%) may increase investment costs.
Vacancy taxes and property taxes are relatively high, requiring careful financial planning.

Verdict

Vancouver is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Kitsilano and West End, while Downtown and Broadway corridor condos are attractive for investors.

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