487 E 31st Ave, Vancouver BC - Half Duplex for Sale - MLS# R3124330

$2,088,000
Est. Mortgage $9,237/mo
3 Beds
4 Baths
1645 sqft
1269 $ /sqft
0 $ Maint. fee
2026 built
$2,088,000
Est. $9,237/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Property Details for 487 E 31st Avenue

Built by renowned builder Pine Creek Development, this brand-new back 1/2 duplex in the heart of Main/Fraser neighbourhood combines modern luxury with thoughtful design and craftsmanship. This 3 bed, 4 bath home blends timeless style with modern comfort. The main floor boasts an expansive, open-concept layout; a chef's kitchen with integrated F&P appliances, custom cabinetry, millwork and quartz countertops throughout and radiant in-floor heat. Eclipse doors open up to a large patio in your private fenced yard, creating seamless indoor-outdoor living. The second level offers two bedrooms, inc the primary and a luxurious ensuite, plus another full bath with a tub and the laundry. The top level hosts the third bedroom with an ensuite and private balcony. Just steps from Main/Fraser St.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Vaulted Ceiling(s)
Heating Type Natural Gas, Radiant
Cooling Air Conditioning
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Slab

Exterior Features

Roof Asphalt
Structures Duplex, Residential Attached

Building Details

Price $2,088,000
Total Bedrooms 3
Total Bathrooms 4
Full Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 1645
Year Built 2026
Age Of Building 0
Building Type Half Duplex
Property Type Residential
Architecture Style 3 Storey
Stories 3
Ownership Type Freehold Strata
Maintenance Fee 0
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Double
Total Parking Spaces 1
Strata Restrictions No Restrictions
Rental Suites None
Units In Development 2

Lot & Land

Lot Size 4284.92
Lot Size Depth Feet
Lot Size Frontage 39.25
MLS® # R3124330
Area Vancouver East
Neighbourhood Fraser VE
City Vancouver
Postal Code V5V 4A8
Gross Taxes $7,273.04
Zoning RS-1

Property Timeline

Status Date Price
R3124330 / Active 05-15-2026 $2,088,000
R2839645 / Sold 03-08-2024 $2,080,000
Rooms
Floor Type Dimensions
Main Level Living Room 17'3 x 17'3 ft
Main Level Kitchen 23'7 x 23'7 ft
Above Level Primary Bedroom 13'9 x 13'9 ft
Above Level Bedroom 10'9 x 10'9 ft
Abv Main 2 Bedroom 13'11 x 13'11 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Above Level Yes #4
Above Level Yes #3
Above Main 2 Yes #3

Listed by: Royal Pacific Realty (Kingsway) 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
General Brock Elementary School
Average
0.45 km
6.6/10

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

Private Schools

Elementary
St. Andrew's
1.75 km
Secondary
St.Patrick Regional Secondary School
2.14 km

Closest Transit

Bus Stop
Southbound Fraser St @ E 31 Ave
0.31 km
Skytrain
Skytrain @ King Edward Stn
1.67 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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 487 E 31st Avenue

BC Assessment Value — 487 E 31st Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 009-575-952).
Total Assessed Value (2026)
$0
-100.0% YoY
2022 Value Trend 2026
Land
$0
Buildings
$0
Year Built
1961
Class
Residential Inclusive
Zoning
R1-1
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $0 $0 $0
-100.0%
2025 $2,079,000 $0 $2,079,000
-2.0%
2024 $2,077,000 $45,100 $2,122,100
+2.8%
2023 $2,018,000 $46,000 $2,064,000
+6.2%
2022 $1,895,000 $49,200 $1,944,200

Mortgage Calculator for 487 E 31st Avenue

/month
Principal & Interest
Property Taxes $606
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($417,600), the estimated monthly payment for this listing is $8,581/month — $7,975 principal & interest, $606 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%
At an estimated rental income of $5,220/month, this property runs a $3,418/month shortfall after mortgage and carrying costs. Break-even requires approximately 55% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Fraser VE, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $2,088,000
Vancouver Loading...
Fraser VE Loading...

Based on 12 comparable active properties in Fraser VE, the average asking price is $1,783,676. This listing is priced 17.1% above the neighbourhood 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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