2488 E 3rd Ave, Vancouver, BC

A freehold property, built 1993 on a 373 m² R1-1 lot with a rear lane. Newer than 62% of the buildings on E 3rd Ave.

Assessed 2026
$1,902,000
Zoning
R1-1
Lot
≈ 373 m²
Built
1993
2 to check5 notes2 clear
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What the records show for 2488 E 3rd Ave

Note

14 new buildings and 9 demolitions within 300 m

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What the record says
Permits issued in the last 24 months. Largest: 2541 E 2ND AVENUE, $980,000.
What it means
The area is being rebuilt. Expect construction nearby for a while.
What to do
Visit on a weekday and ask about timelines for the largest projects.

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R1-1 lot: fits a multiplex, 3–4 homes, borderline

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What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Combined sewer on this block

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What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

1 permit on this lot since 2017

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What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

A permit is filed under another civic number

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What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

Assessed at $1,902,000, +25% since 2021

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What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Note

Short-term rentals: only in your principal residence

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What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.

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Clear

Not on the Heritage Register

Clear

Outside the City floodplain

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Street view

About 2488 E 3rd Ave

Assessed at $1,902,000 for 2026 (−5% on 2025). Assessed higher than 41% of the houses on E 3rd Ave. The land is 85% of the value. 1 building permit since 2017. The latest, from Aug 2018: new building, laneway house ($161,000). School catchment: Maquinna Elementary and Vancouver Technical Secondary. Commercial-Broadway Station is 1.1 km away.

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Each finding explained, full permit and value history, questions for the seller and a PDF for your agent.
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Assessment history of 2488 E 3rd Ave

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2026$1,902,000
Up 25% since 2021
20202026

Permits on this lot · 1 since 2017

Aug 2018 · New building, laneway house$161,000

The lot and zoning

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Area≈ 373 m²
ZoningR1-1
Rear laneYes
Frontage and depth
What the zoning allows

Schools and parks near 2488 E 3rd Ave
Elementary catchmentMaquinna Elementary
Secondary catchmentVancouver Technical Secondary
Chief Maquinna Elementary329 m
Chief Maquinna StrongStart Centre329 m
Lord Nelson Elementary673 m
Garden Park304 m
Clinton Park454 m

How catchments work

Transit near 2488 E 3rd Ave
Nearest SkyTrain: Commercial-Broadway (Expo Line, Millennium Line)1.1 km
Northbound Nanaimo St @ E 4th Ave · 7110 m
Southbound Nanaimo St @ E 5th Ave · 7232 m
Southbound Nanaimo St @ E 1st Ave · 7240 m

Bus routes within 400 m: 7

Street, trees and terrain
City street trees in frontNone recorded
Ground elevation≈ 61 m above sea level
Slope across the lotFlat, about 1 m
Nearest arterial roadNanaimo St, 114 m
Truck route114 m

Crime near 2488 E 3rd Ave

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Incidents within 400 m in the last 12 months, by type: in the full report.

Rezoning and development nearby

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Within 300 m in the last two years: 14 new-building permits and 9 demolition permits.

New buildings nearby:

Rezoning applications within 800 m: in the full report.

In Hastings-Sunrise, the City issued 221 new-building permits and 134 demolition permits in the last two years. About the neighbourhood

Questions about 2488 E 3rd Ave

What is 2488 E 3rd Ave assessed at?

$1,902,000 for 2026, from BC Assessment through the City’s property tax report.

When was 2488 E 3rd Ave built?

In 1993, according to BC Assessment.

What is the zoning of 2488 E 3rd Ave?

It is zoned R1-1 under the Vancouver Zoning and Development By-law. More

What can be built at 2488 E 3rd Ave?

Under R1-1 the lot appears to fit a multiplex, 3–4 homes, right at the minimum size, so a survey decides. It has a rear lane, which a laneway home needs. More

Is 2488 E 3rd Ave in a floodplain?

No. It is outside the floodplains designated by the City of Vancouver. More

Is 2488 E 3rd Ave on the Heritage Register?

No. It is not listed on the Vancouver Heritage Register. More

Can 2488 E 3rd Ave be rented short term (Airbnb)?

Only as the owner’s or tenant’s principal residence, with a City business licence and a provincial registration number; a second home or investment unit cannot be rented for less than 90 days. More

What building permits has 2488 E 3rd Ave had?

The City has issued 1 permit since 2017. The latest, from Aug 2018: new building ($161,000). More

Which schools serve 2488 E 3rd Ave?

Elementary: Maquinna Elementary. Secondary: Vancouver Technical Secondary. Placement depends on space: confirm with the school.

How far is the nearest SkyTrain station from 2488 E 3rd Ave?

Commercial-Broadway Station is 1.1 km away in a straight line.

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Other addresses on E 3rd Ave

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Checked against City of Vancouver open data on October 25, 2026. How we check · Data sources · Glossary