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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.
| 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 |
| Roof | Asphalt |
|---|---|
| Structures | Duplex, Residential Attached |
| 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 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 |
| 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 |
| 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
487 E 31st Avenue has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5V 4A8, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~2.3 km). Annual avg AQHI 2.2 — Low Risk.
Vancouver currently sees ~1 days 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.
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.
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.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
487 E 31st Ave, Vancouver, BC is ideally located for commuters. The property is 1.7 km from King Edward, with a 32 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Fraser St @ E 31 Ave (0.31 km). Walk Score Transit rating: Good Transit (58/100).
| 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 | — |
Based on 9 comparable active properties in Fraser VE, the average asking price is $1,991,000. This listing is priced 4.9% above the neighbourhood average.
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