5079 Elgin Street — Vancouver East


$ 2,999,000 FOR SALE MLS# R3142556
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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.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms7
Bathrooms5
Living Area2,793 sqft
Lot Area3,234 sqft
Property TypeResidential – Single Family Residence
StyleLaneway House
MLS® R3142556
StatusActive
Listing BrokerLeHomes Realty Premier

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed

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Market Overview

Fraser VE · Vancouver East · All Homes

Active PropertiesAll ActiveThis Property
All Homes125
Median Asking Price $ 1,630,000 $ 2,999,000
Median Price per SqFt $995 $1,074
Median Days on Market 76
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 1 ▼96.3% 19 27
Median Selling Price $ 1,750,000 ▲8.2% $ 1,950,000 $ 1,618,000
Median Price per SqFt $1,203 ▲21.4% $983 $991
Median Days on Market 211333
Median Discount Off Ask 2.2%2.4%3.2%
New Listings 32521
Months of Inventory 8.2

At the current sales pace, it would take about 8 months to sell all the homes currently for sale here — a Balanced market.

SELLER'S
BALANCED
BUYER'S

Homes for sale and active buyers are fairly evenly matched, so neither side has a clear advantage.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

Fraser VE: Number of Sales

Fraser VE: Median Sold Price

Fraser VE: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for Fraser VE. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.