Property Type: Detached HouseOwnership: Freehold

1507 E 55TH AVENUE

Vancouver, BC V5P1Z2

$2,749,000

5 bed6 bath2 parking3,401 sqftBuilt 2010
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Property Details

Property & Lot

Sub-type
House
Lot size
4,750 square feet
Frontage
45 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,158.52 (2024)

Interior

Basement
Finished, Separate entrance, Unknown
Heating
Radiant heat, Electric, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)

Parking

Total spaces
2 — covered indicated
Features
Detached Garage

Listing Information

MLS®
R3123081
Listed
May 13, 2026
Time on market
On the market for 111 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Team 3000 Realty Ltd. · Data source: CREA DDF.

Description

This beautiful custom-built home in Fraserview is now on the market for the first time! Situated on a corner lot on the high side of the street, this south-facing property offers plenty of natural light across its three levels. The main floor features a gourmet kitchen with s/s appliances, a bright den, spacious living room, and an open concept family room. All three generous sized bedrooms upstairs come with their own ensuites. The basement features a legal suite with two bedrooms and two full bathrooms. Bonus - the property also offers a one bedroom, 1.5 bathroom laneway house, single car garage, and an additional gated parking pad. Located in the Sir Sandford Fleming Elementary and David Thompson Secondary school catchment, this home is perfect for families. Call to book your showing! (id:63159)

Values & Trends

This listing

$808/sqft

Building average

No other active listings in this building

Vancouver average

$1,166/sqft

1216 active listing(s)

Parking: 2 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

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

15

4/9 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
David Thompson SecondaryElementary318 m
Sir James Douglas ElementaryElementary540 m
Sir James Douglas AnnexElementary540 m
Qawsain Knowledge House(Independent)Elementary/Middle664 m
Sir Sandford Fleming ElementaryElementary680 m
Walter Moberly ElementaryElementary838 m
Corpus Christi School(Independent)Elementary1.4 km
David Oppenheimer ElementaryElementary1.4 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
Northbound Knight St @ E 57 Ave223 m
Southbound Knight St @ E 57 Ave246 m
Southbound Knight St @ E 53 Ave293 m
Northbound Knight St @ E 53 Ave317 m
Southbound Knight St @ E 58 Ave364 m

Nearby Places

Restaurants (5+)

  • Sushi Taku-en · 6967 Victoria Drive629 m
  • Fat Boy Kitchen · 6943 Victoria Drive635 m
  • Karakoram Restaurant · 6990 Victoria Drive653 m
  • The One BBQ Kitchen · 6978 Victoria Drive653 m
  • Indian Curry Corner · 6956 Victoria Drive658 m

Grocery (1)

  • Save and Stay Food Store · 6495 Knight Street676 m

Parks (3)

  • Gordon Park501 m
  • Ross Park631 m
  • Fraserview Park722 m

Pharmacies (1)

  • MJ's Natural Pharmacy · 6689 Victoria Drive756 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($549,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,199,200.00
Periodic payment — Principal & Interest (monthly)$14,188.49
Additional monthly expenses (strata, tax, utilities, etc.)$933.21
Total monthly cost$15,121.70
Interest paid over 5-yr term$630,297.04
Balance at end of term$1,978,187.51

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$549,800
Stress test qualifying rate8.09%
Payment you must qualify for$16,911.08

Cash Needed at Closing

Minimum down payment$549,800
Estimated BC PTT$60,470
Legal / closing costs (typical estimate)$1,500
Total cash needed$611,770

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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