1198 Matthews Ave, Vancouver BC - Single Family Residence for Sale - MLS# R3158567

12 days on the market
$14,260,000
Est. Mortgage $63,086/mo
Listing updated:
EstateBlock checked:
5 Beds
6 Baths
9092 sqft
1568 $ /sqft
2024 built
12 days on the market
$14,260,000
Est. $63,086/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 1198 Matthews Avenue

A truly exceptional estate in First Shaughnessy, showcasing timeless elegance, sophisticated architecture, and impeccable craftsmanship. Set on an expansive 15,000 sq. ft. lot, this magnificent residence offers nearly 10,000 sq. ft. of refined living space, creating an unparalleled lifestyle of luxury, privacy, and comfort. Corner lot. Quiet and Private. High-end custom home. Situated in one of Vancouver's most prestigious and coveted neighborhoods.

Interior Features

Basement Finished Area (sqft) 3682
Basement Features Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Central Vacuum
Heating Type Heat Pump, Radiant
Cooling Air Conditioning
# of Kitchens 1
Flooring Hardwood, Other, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt, Metal
Structures Residential Detached

Building Details

Price $14,260,000
Total Bedrooms 5
Total Bathrooms 6
Full Bathrooms 5
Half Bathrooms 1
Floor Area Total (sqft) 9092
Year Built 2024
Age Of Building 2
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Triple
Total Parking Spaces 0

Lot & Land

Lot Size 123
Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3158567
Area Vancouver West
Neighbourhood Shaughnessy
City Vancouver
Postal Code V6H 1W4
Gross Taxes $75,435.85
Zoning ZLR30

Property Timeline

Status Date Price
R3158567 / Active 08-25-2026 $14,260,000
Rooms
Floor Type Dimensions
Main Level Family Room 16' x 16' ft
Main Level Den 12'6 x 12'6 ft
Main Level Kitchen 18' x 18' ft
Main Level Bedroom 12'6 x 12'6 ft
Above Level Primary Bedroom 15'6 x 15'6 ft
Above Level Bedroom 11'8 x 11'8 ft
Above Level Bedroom 11'8 x 11'8 ft
Above Level Bedroom 13' x 13' ft
Abv Main 2 Loft 14'6 x 14'6 ft
Basement Level Hobby Room 13'6 x 13'6 ft
Basement Level Flex Room 13'6 x 13'6 ft
Basement Level Media Room 19'4 x 19'4 ft
Basement Level Recreation Room 41' x 41' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level No #6
Above Level No #4
Above Level No #4
Above Main 2 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

Private Schools

Secondary,Elementary
Banbury Crossroads School
0.01 km
Secondary,Elementary
Banbury Crossroads School
0.01 km

Closest Transit

Bus Stop
Porters Lake Park & Ride (8394)
7936.44 km

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

Sell Speed & Competition

42 / 100
Overall sell-speed score
May take longer
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How SHAUGHNESSY compares
This property
12 DOM
Very fast
Shaughnessy avg
67 DOM
Average
Vancouver avg
67 DOM
Slower market

1198 Matthews Avenue has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 9.2% and an area average of 67 days on market — buyers have more leverage. With only 542 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Nearby Restaurants, Cafes & Shops

Schools NearBy

13 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Bentley Colony School

Public

Grades Served

Catchment Info

0

Distance

7 m

Camilla School

Public

Grades Served

Catchment Info

0

Distance

7 m

O'Chiese School

Public

Grades Served

Catchment Info

0

Distance

7 m

St. John Paul II Catholic Outreach School

Public

Grades Served

Catchment Info

0

Distance

7 m

Banbury Crossroads School

Independent

Grades Served

Catchment Info

0

Distance

7 m

Aurora Learning Foundation

Independent

Grades Served

Catchment Info

0

Distance

7 m

MacMillan Colony School

Public

Grades Served

Catchment Info

0

Distance

7 m

Namao School

Public

Grades Served

Catchment Info

0

Distance

7 m

Morinville Colony School

Public

Grades Served

Catchment Info

0

Distance

7 m

Rainbow Colony School

Public

Grades Served

Catchment Info

0

Distance

7 m

Silver Creek School

Public

Grades Served

Catchment Info

0

Distance

7 m

Terrace Ridge School

Public

Grades Served

Catchment Info

0

Distance

7 m

Trinity Christian School

Public

Grades Served

Catchment Info

0

Distance

7 m

Walkability & Transit Near 1198 Matthews Avenue

Walk Score Badge
Car-Dependent 4

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
0

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 1198 Matthews Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 011-531-827).
Total Assessed Value (2026)
$12,051,000
-15.8% YoY
-0.5%/yr over 4 yr
2022 Value Trend 2026
Land
$6,480,000
Buildings
$5,571,000
Year Built
2020
Class
Comprehensive Development
Zoning
FSD
Property Tax
$75,436
Year Land Improvements Total Assessed YOY Change
2026 $6,480,000 $5,571,000 $12,051,000
-15.8%
2025 $8,086,000 $6,221,000 $14,307,000
+3.2%
2024 $7,912,000 $5,950,000 $13,862,000
-0.8%
2023 $8,025,000 $5,950,000 $13,975,000
+13.7%
2022 $7,685,000 $4,609,000 $12,294,000

Mortgage Calculator for 1198 Matthews Avenue

/month
Principal & Interest
Property Taxes $6,286
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $60,750/month in total housing costs on this $14,260,000 property — $54,464 mortgage payment, $6,286 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%
Cap Rate
Cash on Cash
Based on $27,094/month estimated rent and $61,463/month in total housing costs, this property has a -$34,369/month cashflow. Break-even down payment: approximately 71%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1198 Matthews Avenue, Vancouver

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Shaughnessy, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $14,260,000
Vancouver Loading...
Shaughnessy Loading...

No active comparable properties are currently available for this property type in Vancouver. The price evaluation chart will update as similar listings enter the market.

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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 1198 Matthews Avenue

Walk Score Badge
Car-Dependent 4

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
0

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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