397 W 7th Ave, Vancouver, BC

A freehold property, built 2021 on a 447 m² I-1 lot with a rear lane. The newest building on W 7th Ave.

Assessed 2026
$9,247,000
Zoning
I-1
Lot
≈ 447 m²
Built
2021
4 notes2 clear

What the records show for 397 W 7th Ave

Street view

About 397 W 7th Ave

Assessed at $9,247,000 for 2026 (−8% on 2025). Assessed higher than 75% of the houses on W 7th Ave. Rebuilt after a 2019 demolition. School catchment: Fraser Elementary and Eric Hamber Secondary. Olympic Village Station is 260 m away.

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Each finding explained, full permit and value history, questions for the seller and a PDF for your agent.

Assessment history of 397 W 7th Ave

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2026$9,247,000
Up 51% since 2021
20202026

Permits on this lot · 3 since 2017

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Jul 2019 · New building, general office$5,996,000
2 more permits in the full report

The lot and zoning

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Area≈ 447 m²
Frontage and depth
What the zoning allows

Schools and parks near 397 W 7th Ave

Elementary catchmentFraser Elementary
Secondary catchmentEric Hamber Secondary
St Patrick Regional Secondary834 m
Blessed Sacrament School900 m
Simon Fraser Elementary939 m
Jonathan Rogers Park332 m
Major Matthews Park552 m

How catchments work

Transit near 397 W 7th Ave

Nearest SkyTrain: Olympic Village (Canada Line)260 m
Northbound Cambie St @ W 7th Ave · 15, 17, N15156 m
Southbound Cambie St @ W 7th Ave · 15, 17, N15187 m
Olympic Village Station bus loop · 15, 50, 84224 m

Bus routes within 400 m: 9, 15, 17, 50, 84, 99, N15, N9

Street, trees and terrain

City street trees in front1 · Kwanzan Flowering Cherry
Ground elevation≈ 12 m above sea level
Slope across the lotFlat, about 1 m
Nearest arterial roadCambie St, 156 m
SkyTrain guideway153 m
Railway line328 m

Crime near 397 W 7th 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: 2 new-building permits and 2 demolition permits.

New buildings nearby:

Rezoning applications within 800 m: in the full report.

In Mount Pleasant, the City issued 39 new-building permits and 32 demolition permits in the last two years. About the neighbourhood

Questions about 397 W 7th Ave

What is 397 W 7th Ave assessed at?

$9,247,000 for 2026, from BC Assessment through the City’s property tax report.

When was 397 W 7th Ave built?

In 2021, according to BC Assessment.

What is the zoning of 397 W 7th Ave?

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

What can be built at 397 W 7th Ave?

It is in a industrial district (I-1). The district schedule sets the number of homes, height and floor area. More

Is 397 W 7th Ave in a floodplain?

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

Is 397 W 7th Ave on the Heritage Register?

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

What building permits has 397 W 7th Ave had?

The City has issued 3 permits since 2017. The latest, from Jul 2019: new building ($5,996,000). More

Which schools serve 397 W 7th Ave?

Elementary: Fraser Elementary. Secondary: Eric Hamber Secondary. Placement depends on space: confirm with the school.

How far is the nearest SkyTrain station from 397 W 7th Ave?

Olympic Village Station is 260 m away in a straight line.

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Other addresses on W 7th Ave

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Checked against City of Vancouver open data on October 21, 2026. How we check · Data sources · Glossary