Property Type: Detached HouseOwnership: Freehold

1380 E 51ST AVENUE

Vancouver, BC V5X1G2

$1,949,000

5 bed4 bath5 parking2,052 sqftBuilt 2008
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Amenities

Also listed: Restaurant, Guest Suite, Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
3,131.17 square feet
Frontage
30.3 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,815.26 (2025)

Interior

Basement
Finished, Separate entrance, Unknown
Heating
Forced air, Natural gas, Hot Water
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
5 — covered indicated
Features
Detached Garage, Garage

Listing Information

MLS®
R3058505
Listed
October 16, 2025
Time on market
On the market for 319 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.

Description

Priced at $1,949,000, this Sunset property is a strategic investment in space, income, and lifestyle. Freshly transformed from top to bottom with sleek pearl white paint, updated kitchen fixtures, updated bathroom fixtures, and modern lighting throughout! Step inside to discover a versatile layout that goes far beyond five bedrooms to include a MASSIVE GROUND-FLOOR HOBBY ROOM-perfect for a home gym, workshop, artist's studio, or family space. The financial upside is immediate: a LEGAL 2-bedroom secondary suite is already occupied by a tenant on a month-to-month lease, providing you with instant rental income from day one. Outside, the property conquers a classic Vancouver challenge by offering a total of FIVE PARKING SPOTS-a double detached garage plus three additional spaces. Nestled on a massive 30' x 113' corner lot with two full kitchens and separate entrances, this turn-key home creates an ideal setup for a mortgage helper, a multi-generational compound, or a family seeking room to grow. This is a rare. (id:63159)

Values & Trends

This listing

$950/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/sqft

1216 active listing(s)

Parking: 5 stall(s) includedStorage locker: Not indicated

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

$2,657,400
$2,280,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

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

11

2/9 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

SchoolTypeDistance
Sir Sandford Fleming ElementaryElementary280 m
David Thompson SecondaryElementary591 m
Qawsain Knowledge House(Independent)Elementary/Middle966 m
Walter Moberly ElementaryElementary969 m
Sir James Douglas ElementaryElementary986 m
Sir James Douglas AnnexElementary986 m
Tecumseh ElementaryElementary1.2 km
John Henderson ElementaryElementary1.3 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

StopTypeDistance
Southbound Knight St @ E 51 Ave32 m
Northbound Knight St @ E 51 Ave62 m
Northbound Knight St @ E 53 Ave152 m
Southbound Knight St @ E 49 Ave179 m
Southbound Knight St @ E 53 Ave201 m

Nearby Places

Grocery (1)

  • Save and Stay Food Store · 6495 Knight Street239 m

Parks (2)

  • Gordon Park529 m
  • Ross Park751 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($389,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,559,200.00
Periodic payment — Principal & Interest (monthly)$10,059.43
Additional monthly expenses (strata, tax, utilities, etc.)$754.27
Total monthly cost$10,813.70
Interest paid over 5-yr term$446,871.20
Balance at end of term$1,402,505.44

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$389,800
Stress test qualifying rate8.09%
Payment you must qualify for$11,989.70

Cash Needed at Closing

Minimum down payment$389,800
Estimated BC PTT$36,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$428,280

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.

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