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Brand New luxury home with TWO mortgage helpers! This beautifully crafted 3-level residence offers 2,793 sq.ft. of elegant living space, featuring a legal secondary suite in the basement and a detached laneway house—providing outstanding rental income potential or flexible space for extended family. The bright open-concept main floor showcases a chef-inspired kitchen, premium finishes, and seamless indoor-outdoor living. Upstairs, the luxurious primary suite enjoys beautiful mountain views. Built for modern comfort with heat pump heating & A/C, HRV system, EV charging rough-in, and quality craftsmanship throughout. Conveniently located near parks, schools, shopping, and transit. An exceptional opportunity for families, investors, or those seeking luxury living with strong income potential.
Open houses
11 Jul, 2026 (01:00 PM to 03:00 PM)
12 Jul, 2026 (01:00 PM to 03:00 PM)
| Basement Finished Area (sqft) | 495 |
|---|---|
| Basement Features | Crawl Space, Finished |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Heating Type | Heat Pump |
| Cooling | Air Conditioning |
| # of Kitchens | 3 |
| Flooring | Hardwood |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony, Private Yard |
|---|---|
| View Description | MOUNTAIN VIEW |
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $2,999,000 |
|---|---|
| Total Bedrooms | 7 |
| Total Bathrooms | 5 |
| Full Bathrooms | 4 |
| Half Bathrooms | 1 |
| Floor Area Total (sqft) | 2793 |
| Year Built | 2026 |
| Age Of Building | 0 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Community, Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Carport Multiple, Lane Access |
| Total Parking Spaces | 4 |
| Rental Suites | Legal Suite |
| Lot Size | 3234 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 33 |
| MLS® # | R3142556 |
| Area | Vancouver East |
| Neighbourhood | Fraser VE |
| City | Vancouver |
| Postal Code | V5W 3J7 |
| Gross Taxes | $5,928.35 |
| Zoning | R1-1 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 4'11 x 4'11 ft |
| Main Level | Den | 8'7 x 8'7 ft |
| Main Level | Kitchen | 13'10 x 13'10 ft |
| Main Level | Dining Room | 9'7 x 9'7 ft |
| Main Level | Family Room | 13'6 x 13'6 ft |
| Above Level | Primary Bedroom | 14'3 x 14'3 ft |
| Above Level | Bedroom | 9'6 x 9'6 ft |
| Above Level | Bedroom | 8'10 x 8'10 ft |
| Above Level | Walk-In Closet | 9'6 x 9'6 ft |
| Basement Level | Kitchen | 12'1 x 12'1 ft |
| Basement Level | Bedroom | 9' x 9' ft |
| Basement Level | Bedroom | 10' x 10' ft |
| Below | Den | 10' x 10' ft |
| Abv Main 2 | Kitchen | 14'2 x 14'2 ft |
| Abv Main 2 | Bedroom | 10' x 10' ft |
| Abv Main 2 | Bedroom | 10' x 10' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #2 |
| Above Level | Yes | #5 |
| Above Level | No | #3 |
| Basement | No | #3 |
| Above Main 2 | No | #3 |
Listed by: LeHomes Realty Premier
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
5079 Elgin Street has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced in line with comparable active properties in Fraser VE. 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 V5W 3J7, 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 (~2.5 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
5079 Elgin St, Vancouver, BC is ideally located for commuters. The property is 2.3 km from Nanaimo, with a 42 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound E 33 Ave @ Somerville St (0.21 km). Walk Score Transit rating: Good Transit (62/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,474,000 | $1,143,000 | $2,617,000 |
+61.0%
|
| 2025 | $1,546,000 | $79,300 | $1,625,300 |
-0.9%
|
| 2024 | $1,562,000 | $77,900 | $1,639,900 |
+3.0%
|
| 2023 | $1,513,000 | $79,500 | $1,592,500 |
+4.3%
|
| 2022 | $1,442,000 | $84,600 | $1,526,600 | — |
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