111 588 E 5 AVENUE
Vancouver, BC V5T4H6
$499,000
Amenities
Also listed: Shared Laundry
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $337/mo
- Annual property tax
- $1,733.44 (2025)
Interior
- Heating
- Baseboard heaters, Natural gas, Hot Water
- Fireplace
- None
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground
Restrictions & Policies
- Pets
- Allowed with restrictions
- Rentals
- Allowed with restrictions
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- R3123579
- Listed
- May 14, 2026
- Time on market
- On the market for 110 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.
Description
Bring your renovation ideas and make this home your own! With great bones, a functional layout, and an unbeatable Mount Pleasant location, this is an excellent opportunity to personalize and add value. This spacious 1-bedroom home features hardwood floors, generous closet space, insuite storage plus a storage locker, and a private balcony. Includes 1 parking stall, low strata fees with heat and hot water, plus the option to add insuite laundry with strata approval. Building updates include new windows, sliding doors, and screens. Steps to trendy cafés, restaurants, breweries, Vancouver Tech Park, Emily Carr University, VCC, China Creek Park, and the future Mount Pleasant & Great Northern Way SkyTrain Stations. (id:63159)
Values & Trends
This listing
$747/sqft
Building average
—
No other active listings in this building
Vancouver average
$1,094/sqft
2087 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.
Apartment Market Stats — Vancouver
Monthly figures from the Fraser Valley Real Estate Board for Vancouver apartmentlistings — not specific to this property.
MLS® HPI Benchmark Price
$729,200
Jul 2026
Average Sale Price
$892,419
Jul 2026
Monthly Sales
342
Jul 2026
Active Listings
2,222
Jul 2026
Sales-to-Active Ratio
15.0%
Jul 2026
Median Days to Contract
25 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
17°C
Clear
Humidity 100%
Wind WNW 13 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
52
7/9 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 |
|---|---|---|
| St Francis Xavier(Independent) | Elementary | 205 m |
| Mount Pleasant Elementary | Elementary | 257 m |
| Florence Nightingale Elementary | Elementary | 654 m |
| Columbia College(Independent) | Secondary | 783 m |
| St. Patrick Regional Secondary(Independent) | Secondary | 947 m |
| St Patrick's Elementary(Independent) | Elementary | 1.1 km |
| Queen Alexandra Elementary | Elementary | 1.2 km |
| Grandview ¿uuqinak’uuh Elementary | Elementary | 1.3 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 |
|---|---|---|
| Westbound Great Northern Way @ Carolina Street | — | 115 m |
| Eastbound Great Northern Way @ Carolina St | — | 122 m |
| Westbound Great Northern Way @ Thornton St | — | 243 m |
| Eastbound Great Northern Way @ Brunswick St | — | 311 m |
| Westbound Great Northern Way @ Foley St | — | 340 m |
Nearby Places
Restaurants (5+)
- Ba Le Deli & Bakery · 691 East Broadway397 m
- Como Ultramar · 592 East Broadway399 m
- JEJU · 540 East Broadway401 m
- Anna's Cake House · 606 East Broadway418 m
- Klasik Inasal · 650 East Broadway422 m
Cafes (5+)
- Nemesis Coffee · 555 Great Northern Way143 m
- Kafka · 577 Great Northern Way179 m
- Paper Crane Coffee · 531 East Broadway361 m
- Catoro Cafe · 666 East Broadway434 m
- AM Cafe · 2528 Guelph Street475 m
Grocery (5+)
- Kim's Mart · 519 East Broadway361 m
- Sakuraya Japanese Supermarket · 517 East Broadway363 m
- Jood Halal Meats And Grocery · 757 East Broadway463 m
- Save-On-Foods · 370 East Broadway584 m
- PriceSmart Foods · 288 East Broadway685 m
Parks (5+)
- Carolina Park86 m
- Unnamed209 m
- Unnamed303 m
- Sahalli Park317 m
- Guelph Park373 m
Gyms (5+)
- Pilates Process · 365 East Broadway525 m
- Lykopis Archery · 2180 Main Street643 m
- Rumble Boxing Studio · 168 Kingsway680 m
- Gracie Barra · 2440 Main Street707 m
- Progression Bouldering · 275e 10th Avenue Bikeway708 m
Pharmacies (5+)
- La Madonna · 428 East Broadway469 m
- Shoppers Drug Mart · 370 East Broadway625 m
- Mt Pleasant Pharmacy · 93 Kingsway641 m
- Pharmasave · 2140 Main Street643 m
- Indigo Pharmacy Mid-Main · 2205 Main Street689 m
Banks & ATMs (2)
- RBC515 m
- GVC Credit Union · 370 East Broadway553 m
Nearby places data: © OpenStreetMap contributors.
School district: Vancouver (SD39)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($24,950) — 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.