Home Vancouver, BC Fraser VE 950 E 38th Avenue

Photos

Classic Vancouver Special in a quiet, tree-lined Fraser neighbourhood with excellent potential for renovation or redevelopment. This home retains many of its original features, while important updates over the years include the roof, furnace+ windows. The south-facing backyard opens onto a lane, offering excellent natural light + flexibility for future plans. Ideally located just one block from Sir Alexander Mackenzie Elementary, a few blocks to John Oliver Secondary, close to the shops, restaurants + amenities of Fraser Street. A great opportunity for buyers looking to renovate + create a home of their own, or for those seeking a well-located development site in a mature East Vancouver neighbourhood. Sold As Is-Where Is. Buyer to confirm all measurements if deemed important.

Building 19 fields Inside & out 10 fields Lot & land 10 fields

Building Details

Price	$1,799,900
Total Bedrooms	6
Total Bathrooms	3
Full Bathrooms	2
Half Bathrooms	1
Floor Area Total (sqft)	2511
Year Built	1977
Age Of Building	49
Building Type	Single Family Residence
Property Type	Residential
Stories	2
Ownership Type	Freehold NonStrata
Community Features	Shopping Nearby
Utility Type	Community, Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Garage Single, Lane Access
Total Parking Spaces	2
Rental Suites	None

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Fireplace	2
Heating Type	Forced Air
# of Kitchens	2
Flooring	Mixed
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Private Yard
Roof	Other
Structures	Residential Detached

Lot & Land

Lot Size	4026
Lot Size Depth	Feet
Lot Size Frontage	33
MLS^® #	R3169238
Area	Vancouver East
Neighbourhood	Fraser VE
City	Vancouver
Postal Code	V5W 1J3
Gross Taxes	$8,440.99
Zoning	R1-1

Property Timeline

Status	Date	Price
R3169238 / Active	09-24-2026	$1,799,900

Rooms

Floor	Type	Dimensions
Main Level	Foyer	11'4 x 11'4 ft
Main Level	Family Room	12' x 12' ft
Main Level	Kitchen	12' x 12' ft
Main Level	Bedroom	11'4 x 11'4 ft
Main Level	Bedroom	11'4 x 11'4 ft
Main Level	Laundry	12' x 12' ft
Main Level	Storage	4'8 x 4'8 ft
Main Level	Other	18'9 x 18'9 ft
Above Level	Living Room	15' x 15' ft
Above Level	Dining Room	9'4 x 9'4 ft
Above Level	Kitchen	11'7 x 11'7 ft
Above Level	Eating Area	11'7 x 11'7 ft
Above Level	Primary Bedroom	11'7 x 11'7 ft
Above Level	Walk-In Closet	5'2 x 5'2 ft
Above Level	Bedroom	12'2 x 12'2 ft
Above Level	Bedroom	9' x 9' ft
Above Level	Bedroom	9' x 9' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Above Level	No	#5
Above Level	Yes	#2

Listed by: Engel & Volkers Vancouver

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, sell speed & climate

SkyTrain 2.22 km · John Oliver Secondary School 5.5/10 · 0.65 km · crime average · sell-speed score 44/100 (may take longer) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (22 nearby)

Koon bo seafood restaurant · 395 m · Restaurant
Camy's pizza · 403 m · Fast Food
New bhaia sweet shop and restaurant · 473 m · Restaurant

Shopping (20 nearby)

Lc style lounge · 532 m · Hairdresser
Sun sun barber · 539 m · Hairdresser
Veloholic cycles · 557 m · Bicycle Shop

Groceries (10 nearby)

Lucky's exotic bodega · 618 m · Convenience
Dhaka bazar plus butcher shop · 718 m · Butcher
Thurga grocery · 724 m · Supermarket

Cafes (6 nearby)

Green leaf bubble tea · 487 m · Cafe
Boba monster · 492 m · Cafe
L & g bubble tea · 528 m · Cafe

Healthcare (3 nearby)

Naz's pharmacy fraser · 654 m · Healthcare
The medicine shoppe pharmacy · 834 m · Healthcare
Shoppers drug mart · 984 m · Healthcare

Gyms (1 nearby)

Kensington pool · 812 m · Gym

Transit (1 nearby)

Bus stop westbound e 41 ave @ prince edward st · 909 m · Transit

Public Schools

Secondary
John Oliver Secondary School: Average 0.65 km 5.5/10
Elementary
Sir Alexander Mackenzie Elementary School: Average 0.11 km 6.3/10

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

Private Schools

Elementary
St Andrew's: Above Average 1.17 km 7.9/10
Elementary,Secondary
Stratford Hall: Above Average 2.68 km 8.9/10

Closest Transit

Bus Stop
Westbound E 41 Ave @ Windsor St: 0.28 km
Skytrain
Skytrain @ Oakridge-41St Stn: 2.22 km

Crime Rate

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

Demographics

Post-Secondary Education: Average 28.3%
No Certificate/Degree: Above Average 18.1%
Owner Occupied: Below Average 53%
Employment Rate: Above Average 72.2%

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

Sell Speed & Competition

44 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $1,628,750

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 2.22 km from station

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How FRASER VE compares

This property

45 DOM

Listed

950 E 38th Avenue has a sell-speed score of 44/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 10.5% above comparable active properties in Fraser VE. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V5W 1J3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5W 1J3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS. Nearest station: Vancouver Clark Drive, Vancouver (~2.8 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Schools NearBy

48 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Sir Alexander Mackenzie Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.3 / 10	Distance 108 m
John Oliver Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	5.5 / 10	Distance 649 m
Sir Richard McBride Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 722 m
Tecumseh Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 891 m
Sir Richard McBride Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 1.06 KM
St Andrew's	Independent	Grades Served —	Catchment Info —	7.9 / 10	Distance 1.17 KM
St. Andrew's	Independent	Grades Served K-7	Catchment Info —	7.9 / 10	Distance 1.17 KM
Sir Sandford Fleming Elementary School	Public	Grades Served K-7	Catchment Info —	5.1 / 10	Distance 1.19 KM
General Brock Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 1.27 KM
Tecumseh Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 1.37 KM
Lord Selkirk Annex	Public	Grades Served K-4	Catchment Info —	3.5 / 10	Distance 1.43 KM
Sir Wm Van Horne Elementary School	Public	Grades Served K-7	Catchment Info —	7.2 / 10	Distance 1.55 KM
John Henderson Elementary School	Public	Grades Served K-7	Catchment Info —	4.7 / 10	Distance 1.56 KM
Charles Dickens Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 1.66 KM
David Livingstone Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.92 KM
David Thompson Secondary School	Public	Grades Served 8-12	Catchment Info —	7.0 / 10	Distance 1.92 KM
General Wolfe Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 1.97 KM
Lord Selkirk Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 2.01 KM
G. T. Cunningham Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 2.04 KM
Tyee Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.18 KM
Walter Moberly Elementary School	Public	Grades Served K-7	Catchment Info —	5.0 / 10	Distance 2.20 KM
Corpus Christi School	Independent	Grades Served K-7	Catchment Info —	10.0 / 10	Distance 2.21 KM
Charles Dickens Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.21 KM
Qawsain Knowledge House	Independent	Grades Served K-3	Catchment Info —	N/A	Distance 2.25 KM
Gladstone Secondary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 2.27 KM
Kerrisdale Annex	Public	Grades Served K-2	Catchment Info —	N/A	Distance 2.27 KM
Gladstone Secondary School	Public	Grades Served 8-12	Catchment Info —	6.0 / 10	Distance 2.28 KM
Waverley Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.33 KM
Sir James Douglas Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 2.45 KM
Pierre Elliott Trudeau Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 2.45 KM
St.Joseph's School	Independent	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.50 KM
John Norquay Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.61 KM
Sir James Douglas Elementary School	Public	Grades Served K-7	Catchment Info —	6.6 / 10	Distance 2.66 KM
Sir Charles Kingsford-Smith	Public	Grades Served —	Catchment Info —	5.4 / 10	Distance 2.68 KM
Stratford Hall	Independent	Grades Served —	Catchment Info —	8.7 / 10	Distance 2.68 KM
J.W. Sexsmith Community Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.68 KM
Secondaire Jules-Verne	Public	Grades Served —	Catchment Info —	7.5 / 10	Distance 2.68 KM
Sir Charles Kingsford-Smith School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 2.69 KM
Dr. Annie B. Jamieson Elementary School	Public	Grades Served K-7	Catchment Info —	8.3 / 10	Distance 2.70 KM
Dr Annie B Jamieson Elementary	Public	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.71 KM
Rose-des-vents	Public	Grades Served —	Catchment Info —	7.5 / 10	Distance 2.72 KM
Stratford Hall School	Independent	Grades Served K-12	Catchment Info —	8.7 / 10	Distance 2.72 KM
King David High School	Independent	Grades Served 8-12	Catchment Info —	7.8 / 10	Distance 2.74 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.83 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.92 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.94 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.98 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.99 KM

Pre-computed routes from 950 E 38th Ave, Vancouver, BC

950 E 38th Ave, Vancouver, BC Oakridge-41st 2.2 km

42 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Oakridge-41st → Waterfront
42 min
Metrotown, Burnaby via Oakridge-41st → Metrotown
60 min
SFU Burnaby via Oakridge-41st → Production Way
67 min
Richmond Centre via Oakridge-41st → Brighouse
43 min
YVR Airport via Oakridge-41st → YVR-Airport
44 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
7 min
Metrotown, Burnaby via Lougheed Hwy
7 min
SFU Burnaby via Gaglardi Way
15 min
Richmond Centre via No. 3 Rd
10 min
YVR Airport via Bridgeport / Sea Island
10 min

Calculate your commute

950 E 38th Ave, Vancouver, BC is ideally located for commuters. The property is 2.2 km from Oakridge-41st, with a 42 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound E 41 Ave @ Windsor St (0.28 km). Walk Score Transit rating: Good Transit (62/100).

Walkability & Transit Near 950 E 38th Avenue

Very Walkable 81

Walk Score - Very Walkable

Most errands can be accomplished on foot

Good Transit 62

Transit Score - Good Transit

Many nearby public transportation options

Very Bikeable 87

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 950 E 38th Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 014-289-857).

Total Assessed Value (2026)

$1,764,000

-4.4% YoY

+0.5%/yr over 4 yr

2022 Value Trend 2026

Land

$1,651,000

Buildings

$113,000

Year Built

1977

Class

Residential Inclusive

Zoning

R1-1

Property Tax

$8,441

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,651,000	$113,000	$1,764,000	-4.4%
2025	$1,732,000	$113,000	$1,845,000	-1.0%
2024	$1,750,000	$114,000	$1,864,000	+2.8%
2023	$1,695,000	$118,000	$1,813,000	+4.7%
2022	$1,610,000	$121,000	$1,731,000	—

Costs & calculators

Monthly cost about $7,956/month · rent estimate $4,679/month · owning catches up with renting by year 23 · cash flow if rented −$3,698/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 950 E 38th Avenue

$7,956 /month

Principal & Interest $7,253

Property Taxes $703

Maintenance fee $0

The estimated monthly cost of 950 E 38th Avenue, Vancouver is $7,956: $7,253 principal and interest with 20% down over 30 years at 4.45%, plus $703 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.

Investment Cashflow Calculator

−$3,698 /month

Mortgage Payment $7,253

Monthly Cash Flow −$3,698

Break Even Down Payment 61%

Cap Rate -2.5%

Cash on Cash -12.3%

If 950 E 38th Avenue, Vancouver were rented at $4,679 a month with 5% vacancy, it would fall $3,698 a month short of the mortgage and carrying costs; about 61% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 950 E 38th Avenue, Vancouver

$4,679 / month

Rent $4,679

Own $7,956

Principal: $2,333/mo Interest, tax, insurance, fees: $5,623/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,953/mo (year 1) → ~$4,542/mo (year 20) → ~$6,774/mo (year 29).

Net cost to own at year 5 ~$5,623/mo About $944/mo more than renting

EstateBlock estimates 950 E 38th Avenue, Vancouver would rent for about $4,679 a month.

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.

Rent vs own: 950 E 38th Avenue

Rent vs own

Owning catches up by year 23

With 20% down ($359,980) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $128,316

Principal paid off by year 10 $288,542

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 950 E 38th Avenue, Vancouver is cheaper at first, but owning catches up by year 23, with $128,316 of principal paid off by year 5 and $288,542 by year 10.