Home > All listings > 7938 Victoria Drive

$2,599,000

^$49,000

7938 Victoria Drive

Fraserview VE, Vancouver, BC, V5P 4A5

7 | 6 | 4 | 3,302 sq.ft. | Year Built: 2004 |

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Custom-built 7 bed, 6 bath home in the desirable Fraserview neighborhood featuring a rare 3-car garage and two income-generating suites, ideal for extended families or investors seeking strong rental potential. Recently renovated with fresh paint & new laminate flooring, this home showcases quality maple cabinetry, crystal lighting, a fully fenced yard, and beautiful views. The layout offers plenty of space for large or multi-generational living while maintaining privacy and comfort. Located in a central, family-friendly area with convenient access to Richmond, the River District & all the vibrant shops and restaurants along Victoria Drive. Rare opportunity to own a well-maintained, income-producing property in one of Vancouver’s most sought-after communities. Open house Sat /Sun , 2-4PM.

Property Info

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MLS®: R3018365

Listing Courtesy of RE/MAX City Realty

Total Bedrooms 7

Total Bathrooms 6

Floor Space 3302 sq.ft.

Lot Size 5311 sq.ft.

Title Type Freehold NonStrata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $2,599,000

Unit Pricing $787/sq.ft.

Strata Fee $0.00

Tax Estimate $9,621/Year

Year Built 2004

Interior Features

Rooms

Main Living Room 15'4 * 12'5

Main Dining Room 15'4 * 8'10

Main Kitchen 12'2 * 11'2

Main Family Room 16'9 * 13'2

Main Wok Kitchen 4'11 * 6'11

Main Kitchen 7'6 * 11'

Main Living Room 12'5 * 7'2

Main Bedrooms 12'6 * 13'4

Above Primary Bedroom 14'2 * 12'10

Above Bedrooms 13'3 * 10'

Above Bedrooms 13'5 * 10'

Below Kitchen 8'4 * 10'7

Below Dining Room 8'7 * 7'11

Below Bedrooms 11' * 9'2

Below Bedrooms 8'5 * 13'

Below Other 17'11 * 37'11

More Details

Storey 2

Floor Space Finished 3302.00 sq.ft.

Roof XXXXX

Zoning R-1

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Garage Triple, Lane Access

Parking Cover 3

Parking Total 4

Fuel Heating Hot Water

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: Vancouver East
Street Name: Victoria
City: Vancouver
State Or Province: BC
Postal Code: V5P 4A5
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 5
Bathrooms Half: 1

Interior Features

Fireplaces Total: 1
Basement: Finished, Exterior Entry

Exterior Features

Exterior Features: Garden, Balcony, Private Yard
Roof: Other

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 2004
Lot Size Square Feet: 5311
Building Area Total: 3302
Living Area: 3302

Lot Information

Lot Features: Near Golf Course
Parcel Number: 010034650

Sold History

Selling

R3018365 House Jun 20, 2025 Listed $2,648,000

R3006926 House Jun 19, 2025 Removed $2,699,000

R2902661 House Sep 27, 2024 Removed $2,680,000

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OPEN HOUSES

2025-07-19 02:00 PM - 04:00 PM

School Catchments

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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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