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$2,980,000

W 3075 5th Avenue

Kitsilano, Vancouver, BC, V6K 1T8

8 | 6 | 2 | 2,633 sq.ft. | Year Built: 1926 |

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This stunning, beautifully renovated home features 8 bedrooms, 6 bathrooms, including permits for plumbing, electrical, and structural upgrades from 2018. Situated on a larger lot, but taxed based on a 33 x 109.9 lot, this home offers incredible value. Upstairs features 3 beds, 2 baths, ensuite for the primary. On the main floor, you'll find a large nanny suite bedroom with ensuite bathroom. The property boasts exquisite kitchens and bathrooms, stainless steel appliances, A/C, hot water on demand, marble counters, hardwood floors, immaculate tile work, fireplace, and more. 3 parking spots, including a single garage that is EV charger ready. Downstairs is a revenue machine, currently earning $4970/month. Top-rated schools, parks, recreation, west side beaches, UBC, & downtown are all close.

Property Info

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MLS®: R3026531

Listing Courtesy of One Percent Realty Ltd.

Total Bedrooms 8

Total Bathrooms 6

Floor Space 2633 sq.ft.

Lot Size 3627 sq.ft.

Title Type Freehold NonStrata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $2,980,000

Unit Pricing $1,132/sq.ft.

Strata Fee $0.00

Tax Estimate $11,385/Year

Year Built 1926

Interior Features

Rooms

Main Living Room 18'4 * 12'5

Main Dining Room 11'0 * 13'9

Main Kitchen 16'11 * 11'4

Main Family Room 10'4 * 12'5

Main Bedrooms 13'1 * 11'5

Above Primary Bedroom 14'10 * 12'5

Above Bedrooms 9'9 * 7'5

Above Bedrooms 10'5 * 11'7

Bsmt Living Room 18'9 * 11'11

Bsmt Kitchen 16'2 * 12'2

Bsmt Bedrooms 11'11 * 10'1

Bsmt Bedrooms 10'7 * 8'0

Bsmt Bedrooms 9'8 * 8'5

Bsmt Bedrooms 9'7 * 8'0

More Details

Storey 2

Floor Space Finished 2633.00 sq.ft.

Roof XXXXXXX

Zoning RT-7

Floor Finish XXXXXXXXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Lane Access

Parking Cover 2

Parking Total 2

Fuel Heating Forced Air, Natural Gas

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: Vancouver West
Street Name: 5th
City: Vancouver
State Or Province: BC
Postal Code: V6K 1T8
Year Built Effective: 2018
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
Flooring: Hardwood, Mixed, Tile
Basement: Finished
Interior Features: Storage

Exterior Features

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

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer, Storm Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1926
Year Built Effective: 2018
Lot Size Square Feet: 3626.7
Building Area Total: 2633
Living Area: 2633

Lot Information

Lot Features: Central Location, Private, Recreation Nearby
Parcel Number: 011494735

Sold History

Selling

R3026531 House Jul 14, 2025 Listed $2,980,000

R3013924 House Jul 14, 2025 Removed $2,999,900

R2995744 House Jun 10, 2025 Removed $3,188,800

R2983948 House Apr 28, 2025 Removed $3,333,000

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OPEN HOUSES

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

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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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