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New buildInvestment signal

$2,590,000

1 3638 W 3RD AVENUE

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Beds

Baths

Sqft

—

Year

2026

Type

Single Family

Suite

Investment signal

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Location 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.

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: 1
On market: Apr 2, 2026
Status changed: Apr 16, 2026
Annual tax: $0 (2026)
Photos: 19
MLS#: R3106596
Area: VANCOUVER

Features and systems

Parking

Garage

Basement

FullUnknownUnknown

Appliances

All

Heating

Heat PumpRadiant heat

Cooling

Air Conditioned

Negative cash flow ~$2,701/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.26%

Cap rate

3.61%

GRM

16.7

Break-even rent

$15,793

Financing

Down payment$518,000

Loan amount$2,072,000

Mortgage$10,499/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,187

Insurance$80

Maintenance$2,158

CapEx reserve$1,079

Vacancy loss$648

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.

Mortgage estimate

Estimated $10,499/mo at 4.5% with 20% down, 30-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.