Property Type: Detached HouseOwnership: Freehold

1525 E 51ST AVENUE

Vancouver, BC V5P4R6

$1,938,000

7 bed6 bath4 parking2,915 sqftBuilt 1983
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Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
4,692 square feet
Frontage
38.5 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,801.86 (2025)

Interior

Heating
Forced air
Fireplace
Yes (1)

Building

Parcel ID (PID)
010-320-300

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3150715
Listed
July 28, 2026
Time on market
On the market for 34 days
Tax assessment year
2025
Data last synced
August 30, 2026

Listing provided by: Royal Pacific Realty Corp. · Data source: CREA DDF.

Description

This Italian designed and custom built 7-bedroom 6 bathroom home sits on a prime corner lot between with a generous 38x122 4,692sqft. Bright and spacious main level with large principal rooms and excellent flow for everyday living. Upper floor offers 2 spacious master bedrooms with massive walk-in closets, and additional two full-size bedrooms, ideal for growing families. A bonus attic with full-size bedroom and private full bathroom and extra storage. Lower level includes a 2-bedroom mortgage helper with separate laundry, perfect for added income or extended family. Enjoy the convenience of an EV charger in the garage, ample parking, and a highly walkable location close to Fleming Elementary school and David Thompson Secondary School. (id:63159)

Values & Trends

This listing

$665/sqft

Building average

No other active listings in this building

Vancouver average

$1,166/sqft

1216 active listing(s)

Parking: 4 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

26

5/9 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 ElementaryElementary303 m
David Thompson SecondaryElementary397 m
Qawsain Knowledge House(Independent)Elementary/Middle744 m
Sir James Douglas AnnexElementary949 m
Sir James Douglas ElementaryElementary949 m
Tecumseh ElementaryElementary1.0 km
Walter Moberly ElementaryElementary1.1 km
Corpus Christi School(Independent)Elementary1.2 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

StopTypeDistance
Westbound E 49 Ave @ Fleming St206 m
Northbound Knight St @ E 51 Ave221 m
Southbound Knight St @ E 51 Ave245 m
Eastbound E 49 Ave @ Knight St263 m
Northbound Knight St @ E 53 Ave280 m

Nearby Places

Restaurants (5+)

  • Poplar Korean Restaurant · 6501 Victoria Drive627 m
  • Mnimes Restaurant · 6459 Victoria Drive633 m
  • BOX Chinese Express Kitchen · 6443 Victoria Drive642 m
  • Pho Thai Son Restaurant · 6471 Victoria Drive652 m
  • Fat Boy Kitchen · 6943 Victoria Drive656 m

Grocery (3)

  • Save and Stay Food Store · 6495 Knight Street338 m
  • Golden Star Supermarket · 6414 Victoria Drive691 m
  • Chong Lee Market · 6399 Victoria Drive714 m

Parks (2)

  • Gordon Park272 m
  • Tecumseh Park761 m

Pharmacies (2)

  • MJ's Natural Pharmacy · 6689 Victoria Drive600 m
  • MJ's Natural Pharmacy · 6255 Victoria Drive730 m

Banks & ATMs (1)

  • RBC664 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($387,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,550,400.00
Periodic payment — Principal & Interest (monthly)$10,002.65
Additional monthly expenses (strata, tax, utilities, etc.)$879.49
Total monthly cost$10,882.14
Interest paid over 5-yr term$444,349.10
Balance at end of term$1,394,589.81

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$387,600
Stress test qualifying rate8.09%
Payment you must qualify for$11,922.03

Cash Needed at Closing

Minimum down payment$387,600
Estimated BC PTT$36,760
Legal / closing costs (typical estimate)$1,500
Total cash needed$425,860

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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