481 W 21st Ave, Vancouver BC - Single Family Residence for Sale - MLS# R3115875

$2,699,000
Est. Mortgage $11,940/mo
5 Beds
2 Baths
2658 sqft
1015 $ /sqft
1939 built
$2,699,000
Est. $11,940/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 481 W 21st Avenue

PRIME CAMBIE CORRIDOR OPPORTUNITY! 44.66 ft x 115 ft (5,136 sq. ft.) level lot on a quiet, tree-lined street. Wide-frontage, sun-drenched parcel offering massive redevelopment potential. Features a wide, paved rear lane with existing carport—perfect for easy construction access. Unbeatable West Side location: steps to Douglas Park, QE Park, and the King Edward Canada Line Station. Enjoy world-class shopping/dining at nearby Oakridge Park and Cambie Village. Existing character home is functional for rental income while you plan your custom home, duplex, or multiplex. Unbeatable location and investment!

Interior Features

Basement Finished Area (sqft) 1004
Basement Features Unfinished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 1
Heating Type Forced Air
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $2,699,000
Total Bedrooms 5
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2658
Year Built 1939
Age Of Building 87
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Carport Multiple, Open
Total Parking Spaces 2
Rental Suites None

Lot & Land

Lot Size 5135.9
Lot Size Depth Feet
Lot Size Frontage 44.66
MLS® # R3115875
Area Vancouver West
Neighbourhood Cambie
City Vancouver
Postal Code V5Y 2E6
Gross Taxes $10,494.8
Zoning R1-1

Property Timeline

Status Date Price
R3115875 / Active 04-27-2026 $2,699,000
Rooms
Floor Type Dimensions
Main Level Kitchen 9' x 9' ft
Main Level Dining Room 10' x 10' ft
Main Level Living Room 10' x 10' ft
Main Level Primary Bedroom 10' x 10' ft
Main Level Bedroom 9' x 9' ft
Main Level Bedroom 9' x 9' ft
Main Level Bedroom 9' x 9' ft
Main Level Bedroom 9' x 9' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Below No #4

Listed by: Rennie & Associates 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

Elementary
Edith Cavell Elementary School
Above Average
0.2 km
7.1/10

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

Private Schools

Elementary
Blessed Sacrament School
Above Average
0.76 km
9.2/10
Secondary
St. John's International
1.24 km

Closest Transit

Bus Stop
Southbound Cambie St @ W 20 Ave
0.08 km
Skytrain
Skytrain @ King Edward Stn
0.34 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
52.9%
No Certificate/Degree
Below Average
9.2%
Owner Occupied
Below Average
53.9%
Employment Rate
Average
59.3%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 481 W 21st Avenue

BC Assessment Value — 481 W 21st Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 013-361-325).
Total Assessed Value (2026)
$2,478,800
-4.7% YoY
-0.7%/yr over 4 yr
2022 Value Trend 2026
Land
$2,435,000
Buildings
$43,800
Year Built
1939
Class
Residential Inclusive
Zoning
R1-1
Property Tax
$10,791
Year Land Improvements Total Assessed YOY Change
2026 $2,435,000 $43,800 $2,478,800
-4.7%
2025 $2,550,000 $51,700 $2,601,700
-3.1%
2024 $2,628,000 $57,300 $2,685,300
+4.1%
2023 $2,519,000 $59,500 $2,578,500
+1.2%
2022 $2,487,000 $61,700 $2,548,700

Mortgage Calculator for 481 W 21st Avenue

/month
Principal & Interest
Property Taxes $875
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $11,183/month in total housing costs on this $2,699,000 property — $10,308 mortgage payment, $875 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Based on $6,477/month estimated rent and $11,407/month in total housing costs, this property has a -$4,930/month cashflow. Break-even down payment: approximately 59%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Cambie, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $2,699,000
Vancouver Loading...
Cambie Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $3,266,333 across 2 active listings — this listing is 17.4% below 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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