431 SE Marine Dr, Vancouver BC - Single Family Residence for Sale - MLS# R3102902

$2,800,000
Est. Mortgage $12,387/mo
3 Beds
2 Baths
1547 sqft
1810 $ /sqft
1949 built
$2,800,000
Est. $12,387/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

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Property Details for 431 SE Marine Drive

Prime high density Multiplex development opportunity to build 6 strata units or up to 8 secured market rental units under SSMUH (R1-1). Exceptional value in South Vancouver’s rapidly densifying residential corridor. This 7,040 sq. ft. lot (40.93' x 172') is perfectly positioned for builders and investors looking to capitalize on Vancouver’s Small-Scale Multi-Unit Housing (SSMUH) R1-1. This generous lot depth provides ample space for ground-oriented dwellings and private outdoor areas, highly sought after by families and downsizers. Fast-Track Potential. Transit-Oriented. Position yourself at the forefront of Vancouver’s housing evolution. Buy-as-is.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Full
Heating Type Other
# of Kitchens 0
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Other
Structures Residential Detached

Building Details

Price $2,800,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1547
Year Built 1949
Age Of Building 77
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Community, Electricity Connected
Utility Sewer Public Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Double

Lot & Land

Lot Size 6745
Lot Size Depth Feet
Lot Size Frontage 41.91
MLS® # R3102902
Area Vancouver East
Neighbourhood South Vancouver
City Vancouver
Postal Code V5X 2S9
Gross Taxes 0
Zoning /

Property Timeline

Status Date Price
R3102902 / Active 03-20-2026 $2,800,000
Rooms
Floor Type Dimensions
Main Level Bedroom 10' x 10' ft
Main Level Bedroom 11' x 11' ft
Main Level Living Room 15' x 15' ft
Main Level Dining Room 10' x 10' ft
Basement Level Living Room 13' x 13' ft
Basement Level Bedroom 11' x 11' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Below No #4

Listed by: Multiple Realty Ltd.

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.

Map & Neighbourhood

Public Schools

Secondary
John Oliver Secondary School
2.39 km
Elementary
Pierre Elliott Trudeau Elementary School
0.36 km
Elementary
Pierre Elliott Trudeau Elementary School
0.36 km

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

Private Schools

Elementary
St. Andrew's
1.77 km
Secondary
Royal Canadian College
1.68 km

Closest Transit

Bus Stop
Westbound SE Marine Dr @ Buscombe St
0.06 km
Skytrain
Skytrain @ Marine Drive Stn
1.50 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
23.9%
No Certificate/Degree
Above Average
21.2%
Owner Occupied
Below Average
53.2%
Employment Rate
Above Average
76.8%

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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 431 SE Marine Drive

BC Assessment Value — 431 SE Marine Drive

2026 assessed value, sourced from City of Vancouver open data (PID 010-586-253).
Total Assessed Value (2026)
$1,845,800
-0.7% YoY
+1.8%/yr over 4 yr
2022 Value Trend 2026
Land
$1,819,000
Buildings
$26,800
Year Built
1949
Class
Residential Inclusive
Zoning
R1-1
Property Tax
$9,648
Year Land Improvements Total Assessed YOY Change
2026 $1,819,000 $26,800 $1,845,800
-0.7%
2025 $1,830,000 $28,000 $1,858,000
-3.1%
2024 $1,890,000 $27,000 $1,917,000
+7.4%
2023 $1,759,000 $26,700 $1,785,700
+3.8%
2022 $1,694,000 $26,100 $1,720,100

Mortgage Calculator for 431 SE Marine Drive

/month
Principal & Interest
Property Taxes $0
Maintenance fee 0
Financing 80% of the $2,800,000 asking price over 30 years at 4% results in approximately $10,694/month in total estimated carrying costs.
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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $6,719/month in rental income, leaving a -$4,208/month cashflow at current carrying costs. Investors targeting break-even would need roughly 52% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — South Vancouver, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $2,800,000
Vancouver Loading...
South Vancouver Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $2,194,167 across 6 active listings — this listing is 27.6% above the Vancouver average.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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