1038 E 51ST AVENUE
Vancouver, BC V5X1E7
$2,198,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 5,124 square feet
- Frontage
- 42 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $9,671.5 (2025)
Interior
- Basement
- Finished, Separate entrance, Unknown
- Heating
- Combination
- Fireplace
- None
Parking
- Total spaces
- 2 — covered indicated
- Features
- Garage
Listing Information
- MLS®
- R3148177
- Listed
- July 20, 2026
- Time on market
- On the market for 42 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Crest Realty · Data source: CREA DDF.
Description
Exceptional opportunity to own a spacious 3,285 sq.ft. family home offering incredible flexibility and income potential. Situated on a 42 x 122 ft lot, this property features 9 bedrooms and 5 bathrooms, making it ideal for large or multi-generational families, investors, or those looking to offset their mortgage with rental income. The home has two self-contained suites, with the potential of having four suites total, and a private backyard. Rebuilt in the 1990's with more updates done in 2017. Conveniently located close to schools, parks, shopping, transit, and everyday amenities, this is a property that combines size, versatility, and long-term value in one package. 10-minutes to Richmond, 5-minutes to Marine Gateway Canada Line and 15-minutes to downtown Vancouver. A Must see! OH: Sun, Aug 9 2-3pm (id:63159)
Values & Trends
This listing
$669/sqft
Building average
—
No other active listings in this building
Vancouver average
$1,166/sqft
1216 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Detached (House) Market Stats — Vancouver
Monthly figures from the Fraser Valley Real Estate Board for Vancouver detached (house)listings — not specific to this property.
MLS® HPI Benchmark Price
$2,303,200
Jul 2026
Average Sale Price
$2,623,974
Jul 2026
Monthly Sales
131
Jul 2026
Active Listings
1,316
Jul 2026
Sales-to-Active Ratio
10.0%
Jul 2026
Median Days to Contract
27 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
15°C
Clear
Humidity 100%
Wind NW 5 km/h
Tonight
14°
Tuesday
20°
Tuesday night
15°
Wednesday
19°
Wednesday night
14°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
662,248
(2021 Census)
+4.9% since 2016
Density: 5,749.7/km²
Dwellings: 328,347
Median household income: $82,000
After-tax: $72,000
Immigrant population: 42.2%
Top countries of origin (% of total population)
- China9.6% · 63,270
- Philippines4.5% · 29,925
- Hong Kong3.8% · 25,485
- India2.2% · 14,640
- United Kingdom1.9% · 12,895
- Viet Nam1.8% · 12,115
- Taiwan1.5% · 9,865
- United States of America1.5% · 9,790
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
33
6/9 categories nearby
Transit
33
5 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Sir Sandford Fleming Elementary | Elementary | 631 m |
| John Henderson Elementary | Elementary | 779 m |
| Walter Moberly Elementary | Elementary | 835 m |
| St Andrew's(Independent) | Elementary | 941 m |
| David Thompson Secondary | Elementary | 1.0 km |
| John Oliver Secondary | Secondary | 1.1 km |
| Sir James Douglas Elementary | Elementary | 1.2 km |
| Sir James Douglas Annex | Elementary | 1.2 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Eastbound E 49 Ave @ Windsor St | — | 232 m |
| Westbound E 49 Ave @ St. Catherines St | — | 317 m |
| Eastbound E 49 Ave @ Sherbrooke St | — | 337 m |
| Westbound E 49 Ave @ Inverness St | — | 367 m |
| Northbound Fraser St @ E 52 Ave | — | 460 m |
Nearby Places
Restaurants (5+)
- New Novelty Restaurant485 m
- Sushi & Co · 6520 Fraser Street488 m
- Yu Xiang Yuan Restaurant · 6591 Fraser Street503 m
- Shoom Restaurant · 6555 Fraser Street510 m
- Dhaliwal Sweets515 m
Cafes (5+)
- Starbucks · 6544 Fraser Street489 m
- Breka Bakery & Café · 6533 Fraser Street520 m
- Broyé Cafe & Bakery · Fraser Street564 m
- Celsius · 6350 Fraser Street598 m
- Elaichi Chai · 6281 Fraser Street678 m
Grocery (5+)
- Garden Fresh Food & Grocery · 6529 Fraser Street524 m
- Save and Stay Food Store · 6495 Knight Street545 m
- Money BBQ & Produce · 6457 Fraser Street562 m
- Produce Marketplace580 m
- Fruiticana · 6257 Fraser Street702 m
Parks (1)
- Ross Park680 m
Pharmacies (4)
- Rexall · 6580 Fraser Street483 m
- Fraser Care Pharmacy · 6448 Fraser Street544 m
- Shoppers Drug Mart · 6303 Fraser Street646 m
- The Medicine Shoppe Pharmacy · 6180 Fraser Street736 m
Banks & ATMs (5+)
- Scotiabank517 m
- RBC Royal Bank · 6505 Fraser Street532 m
- TD · 6499 Fraser Street555 m
- State Bank of India · 6433 Fraser Street572 m
- BMO · 6391 Fraser Street603 m
Nearby places data: © OpenStreetMap contributors.
School district: Vancouver (SD39)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($439,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.