Below Assessment Value

308 E King Edward Ave, Vancouver, BC

$1,588,800
Est. Mortgage /mo

MLS# R3090458

6 Beds
4 Baths
2142 sqft
742 $ /sqft
1927 built
$1,588,800
Est. /mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

Below Assessment Value

Prime Main Street location; first time on market in over 40 years. This side-by-side duplex sits on a 53 x 120 ft corner lot at King Edward & Sophia and is priced well below assessment. Each unit offers over 1,000 sq ft with three bedrooms and two bathrooms, plus an open main floor featuring spacious living, dining, and kitchen areas. The property includes a large private backyard and sundeck. In original but well-maintained condition with long-term tenants. Exceptional Walk Score of 98, steps to Livingstone Elementary and Tupper Secondary, and minutes to the Canada Line, shops, and restaurants.

General Info

Price $1,588,800
Total Bedrooms 6
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 2142
Lot Size 6380.4
Lot Size Depth Feet
Lot Size Frontage 53.17
Basement 0
Basement Features Finished, Exterior Entry

Property Metrics

Year Built 1927
Age Of Building 99
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Structures Residential Detached

Additional Details

MLS® # R3090458
Building Name -
Area Vancouver East
Neighbourhood Main
City Vancouver
Postal Code V5V 2C5
Price per Sqft -
Gross Taxes $9,499.91
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard, Hot Water

Utilities

Utility Type Electricity Connected, Water Connected
Water (WaterSource) Public

Parking

Parking Type Open
Total Parking Spaces 2
Strata Restrictions -
Rental Restrictions -
Zoning R1 -1
Rental Suites -
# of Kitchens 2
Flooring Vinyl, Carpet
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony, Private Yard
Roof Asphalt

Property Timeline

Status Date Price
R3090458 / Active 02-17-2026 $1,588,800
Rooms
Floor Type Dimensions
Main Level Living Room 12'8 x 12'8 ft
Main Level Dining Room 11'5 x 11'5 ft
Main Level Kitchen 10' x 10' ft
Main Level Bedroom 10'6 x 10'6 ft
Below Bedroom 10'8 x 10'8 ft
Below Bedroom 12'2 x 12'2 ft
Below Laundry 8'9 x 8'9 ft
Main Level Living Room 13' x 13' ft
Main Level Dining Room 11'10 x 11'10 ft
Main Level Kitchen 10'1 x 10'1 ft
Main Level Bedroom 10'10 x 10'10 ft
Below Bedroom 10'9 x 10'9 ft
Below Bedroom 11'9 x 11'9 ft
Below Laundry 11'5 x 11'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Below No #4
Main Level No #3
Below No #4
Listed by: RE/MAX City Realty & RE/MAX City Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood & Transit Info

Public Schools

Elementary
General Wolfe Elementary School
0.51 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St.Patrick's Elementary School
Average
1.29 km
6.5/10
Secondary
St.Patrick Regional Secondary School
1.46 km

Closest Transit

Bus Stop
Eastbound E King Edward Ave @ Main St
0.13 km
Skytrain
Skytrain @ King Edward Stn
1.20 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average
43.1%
No Certificate/Degree
Below Average
11.8%
Owner Occupied
Below Average
51.7%
Employment Rate
Average
64.7%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $792
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($317,760), the estimated monthly payment for this listing is $6,860/month — $6,068 principal & interest, $792 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $5,330/month, this property runs a $1,695/month shortfall after mortgage and carrying costs. Break-even requires approximately 43% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $1,588,800
Vancouver Loading...
Main Loading...
No active comparables were found in Main. Based on 2 similar Single Family Residences across Vancouver, the average asking price is $2,044,300 — this listing is 22.3% below the city-wide average. This property is flagged as a Hot Deal (Below Assessment Value) based on its competitive pricing and market demand.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

What are the closest top-rated schools to 308 E King Edward Avenue, Vancouver, BC?
The closest top-rated schools are General Wolfe Elementary School and St.Patrick Regional Secondary School.
Is 308 E King Edward Avenue, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 308 E King Edward Avenue, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $9,533.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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