3138 Wallace St, Vancouver, BC

A freehold property, built 1985 on a 372 m² R1-1 lot with a rear lane. Built in the same years as many buildings on Wallace St.

Assessed 2026
$2,635,000
Zoning
R1-1
Lot
≈ 372 m²
Built
1985
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What the records show for 3138 Wallace St

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Street view

About 3138 Wallace St

Assessed at $2,635,000 for 2026 (−8% on 2025). Assessed higher than 22% of the houses on Wallace St. The land is 94% of the value. The lot is smaller than 79% of the lots in West Point Grey. School catchment: Queen Elizabeth Elementary and Byng Secondary.

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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 3138 Wallace St

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2026$2,635,000
Up 16% since 2021
20202026

Permits on this lot · none since 2017

The City has issued no building permits for this lot since 2017.

The lot and zoning

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Area≈ 372 m²
ZoningR1-1
Rear laneYes
Frontage and depth
What the zoning allows

Schools and parks near 3138 Wallace St
Elementary catchmentQueen Elizabeth Elementary
Secondary catchmentByng Secondary
Lord Byng Secondary156 m
Ecole Jules Quesnel Elementary157 m
Our Lady of Perpetual Help717 m
Almond Park522 m
Quadra West Park756 m

How catchments work

Transit near 3138 Wallace St
Nearest SkyTrain: Yaletown-Roundhouse (Canada Line)5.3 km
Westbound W 16 Ave @ Wallace St · 25, 3381 m
Eastbound W 16 Ave @ Crown St · 25, 33186 m
Eastbound W 16 Ave @ Highbury St · 25, 33257 m

Bus routes within 400 m: 25, 33

Street, trees and terrain
City street trees in front2 · Pacific Dogwood, Katsura Tree
Ground elevation≈ 76 m above sea level
Slope across the lotFlat
Nearest arterial roadW 16th Ave, 78 m

Crime near 3138 Wallace St

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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: 13 new-building permits and 7 demolition permits.

New buildings nearby:

Rezoning applications within 800 m: in the full report.

In West Point Grey, the City issued 132 new-building permits and 67 demolition permits in the last two years. About the neighbourhood

Questions about 3138 Wallace St

What is 3138 Wallace St assessed at?

$2,635,000 for 2026, from BC Assessment through the City’s property tax report.

When was 3138 Wallace St built?

In 1985, according to BC Assessment.

What is the zoning of 3138 Wallace St?

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

What can be built at 3138 Wallace St?

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 3138 Wallace St in a floodplain?

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

Is 3138 Wallace St on the Heritage Register?

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

What building permits has 3138 Wallace St had?

None since 2017, when the City’s open permit records begin. More

Which schools serve 3138 Wallace St?

Elementary: Queen Elizabeth Elementary. Secondary: Byng Secondary. Placement depends on space: confirm with the school.

How far is the nearest SkyTrain station from 3138 Wallace St?

Yaletown-Roundhouse Station is 5.3 km away in a straight line.

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Other addresses on Wallace St

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