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New buildInvestment signal

$2,550,000

2 3638 W 3RD AVENUE

Beds

3

Baths

4

Sqft

Year

2026

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Nestled in the heart of prestigious Kitsilano, this South-facing back unit duplex offers effortless coastal lifestyle. Residents enjoy immediate access to Vancouver's premier waterfront, tree-lined streets, and boutique amenities. Anticipated completion June 2026. This brand-new property features 3 beds and 3.5 baths, offering thoughtful design and premium finishes. The gourmet kitchen is a masterpiece of function, with Miele appliances, and a sleek layout perfect also for entertaining. Experience high ceilings, Euroline windows, and radiant in-floor heating. Modern essentials include A/C, EV-ready garage and smart home features. The top-floor bedroom is a serene retreat with a private deck and spa-inspired ensuite. Exceptional storage includes a full crawlspace and detached garage. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Common interest
Freehold
Living area
1,413 square feet
Lot size
3,960 square feet
Lot dimensions
3960
Parking
1 total
Fireplace
2
On market
Apr 2, 2026
Status changed
Apr 16, 2026
Annual tax
$0 (2026)
Photos
19
MLS#
R3106638
Area
VANCOUVER

Features and systems

Parking

Garage

Basement

FullUnknownUnknown

Appliances

All

Heating

Heat PumpRadiant heat

Cooling

Air Conditioned
Negative cash flow ~$4,839/mo at these assumptions

Cash on cash

-11.39%

Cap rate

3.61%

GRM

16.7

Break-even rent

$17,844

Financing

Down payment$510,000
Loan amount$2,040,000
Mortgage$12,515/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,169
Insurance$80
Maintenance$2,125
CapEx reserve$1,063
Vacancy loss$638

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Vancouver. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $12,515/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.

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