1488 MCRAE AVENUE

1488 MCRAE AVENUE · Vancouver, Shaughnessy · Row / Townhouse · 3 bed · 4 bath · $6,688,000 · MLS R3128245

Vancouver, British Columbia · Neighbourhood: Shaughnessy
For sale
1488 MCRAE AVENUE

1488 MCRAE AVENUE is located in Vancouver (Shaughnessy). Property snapshot: Row / Townhouse, 3 bed, 4 bath, listed at $6,688,000, MLS R3128245. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 40

List Price: $6,688,000
MLS: R3128245
Bedrooms: 3
Bathrooms: 4
Interior Size: 2,694 sqft
Days on Market: -
Days on Site: 20
Deal Score: 40/100
Catchment Schools: Catchment schools include Shaughnessy Elementary, Eric Hamber Secondary
Price History: Latest recorded list price 6688000.00

Local Decision Guide

How should buyers evaluate 1488 MCRAE AVENUE?

Start by reading this listing in its Vancouver Shaughnessy context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

Vancouver listings should separate R1-1, RS, RT, laneway house and multiplex rules during review. R1-1 is an important low-density housing reform signal, but heritage, trees, underground servicing, parking, corner-lot conditions and existing building condition can all change the practical outcome.

Vancouver R1-1 / RS / RT / laneway quick checklist
  • Confirm whether zoning is R1-1, RS, RT or another district.
  • Review laneway house, multiplex, heritage, tree, parking and servicing rules separately.
  • Do not rely on lot size alone; corner-lot conditions, underground servicing and existing building condition can affect the plan.
What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 1488 MCRAE AVENUE?

This page shows a list price of $6,688,000 with MLS R3128245.

What type of home is this Vancouver, Shaughnessy listing?

The page shows Row / Townhouse, 3 bed, 4 bath at 1488 MCRAE AVENUE. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 6688000.00.

Which catchment schools are associated with 1488 MCRAE AVENUE?

Catchment schools include Shaughnessy Elementary, Eric Hamber Secondary. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What does the Deal Score of 40/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

How should Vancouver listings be screened for R1-1, RS, RT, laneway and multiplex risk?

Vancouver listings should be checked against R1-1, RS, RT and other zoning, laneway house rules, multiplex rules, heritage, trees, parking, servicing and permits. Block-level and site-level constraints can change the outcome.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

An exceptional Shaughnessy TH at the exclusive Crescent on McRae. Spanning a generous 2,692 sf, it comprises 3 bedrooms, 2 of which are primary, 3 luxurious full baths, plus an artful powder rm. Superb craftsmanship, timeless architecture, and concrete construction make this a true standout. Features include soaring 10-foot-plus ceilings, chevron-cut oak hardwood flooring, Porro millwork, stunning Italian lighting, two focal gas fireplaces, and grand proportions throughout. Outdoor living is enjoyed on the south-facing patio and rooftop deck, both overlooking the exceptional, mature landscaping designed by renowned Paul Sangha. An attached private garage with storage, plus a 3rd parking stall, add to convenience. This remarkable home evokes a true sense of permanence and quiet prestige. (id:56153)

Property Details

Row / Townhouse
Building Type
3
Bedrooms
4
Bathrooms
2013
Year Built
13 years
Age
20
Days on Site
2,694 sqft
Interior Size
C$2,483
Price per Sqft

Complex Name: The Crescent ON Mcrae

Transaction: For sale

Status: active

Listing ID: 29808868 (R3128245)

Become a VIP member for free. More details will be available.
The information below is generated by Relistico.com for your convenience and may not always be accurate. Consult a Realtor to verify.

Site Context

Free sign-up unlocks site context
Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$6,688,000

PID: 028-919-394

Days on Site: 20 days

Added to Relistico: 2026-05-26

Updated on: 2026-05-30 06:00 PM PDT

Become a VIP member for free. More details will be available.

Lot info

Free sign-up unlocks full lot information
Includes parcel identifiers, size details, and land and approval context.

Schools

Shaughnessy Elementary ELEMENTARY
Public · School District 39
4250 Marguerite St, Vancouver, BC
Straight-line distance about 1 km
Eric Hamber Secondary SECONDARY
Public · School District 39
5025 Willow St, Vancouver, BC
Straight-line distance about 2.1 km
Nearby Private Schools
Free sign-up unlocks nearby private school details
Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
Meinhardt
About 212.7 m away
3002 Granville Street
Sunshine Market
About 762 m away
3135 Oak Street, Vancouver
Shopping Centres
King Edward Mall
About 1.3 km away
Kids Market
About 1.5 km away
1496 Cartwright Street, Vancouver
Parks / Green Space
Shaughnessy Park
About 244 m away
13th @ Granville Parklet
About 340 m away

Price History

Free sign-up unlocks price history
View price changes, listing events, and the full timeline.

Sold Area Stats

Free sign-up unlocks sold area stats
Includes sold count, median sold price, and median days on market.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

Newsletter

Enter your email to receive market updates and new listing alerts.

NEED TO CONSULT
A REALTOR?

We’re here for you!
Most inquiries receive a response within a few hours.
No spam. Just helpful answers.
You can also text Gary @ 778.801.1314

Classic Search

Recent News

Jun 15, 2026
Strait of Hormuz Rewiring: How U.S. Overwatch and Iranian Sanctions Are Reshaping Global Oil Flows
Strait of Hormuz Rewiring: How U.S. Overwatch and Iranian Sanctions Are Reshaping Global Oil Flows
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 15, 2026
Questerre successfully tests HCCO® Technology in a Commercial-Sized Vessel at PX Energy
Questerre successfully tests HCCO® Technology in a Commercial-Sized Vessel at PX Energy
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 15, 2026
Crop Prices Drop as Hormuz Reopening Would Ease Farm Input Shock
Crop Prices Drop as Hormuz Reopening Would Ease Farm Input Shock
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 15, 2026
Treasuries Rally as Traders Trim Fed Hike Bets After Iran Deal
Treasuries Rally as Traders Trim Fed Hike Bets After Iran Deal
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 14, 2026
BOJ Set to Hike Rates to Highest Since 1995 Despite Ueda Absence
BOJ Set to Hike Rates to Highest Since 1995 Despite Ueda Absence
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 14, 2026
B.C. community reports high demand for rural permanent residency program
B.C. community reports high demand for rural permanent residency program
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 14, 2026
Deal is reached to end Iran war and Trump orders stop to US naval blockade
Deal is reached to end Iran war and Trump orders stop to US naval blockade
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 14, 2026
Chinese Economy Stuck in Slow Lane as Consumption Heads for Drop
Chinese Economy Stuck in Slow Lane as Consumption Heads for Drop
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 14, 2026
RBA Set for First Pause of 2026 as Bets on Further Hike Ebb
RBA Set for First Pause of 2026 as Bets on Further Hike Ebb
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Powered by REALTOR.ca

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®).

Last Updated: Sat, 30 May 2026 05:01:09 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Engel & Volkers Vancouver

Relistico AI Assistant