Property Type: Detached HouseOwnership: Freehold

156 E 53RD AVENUE

Vancouver, BC V5X1H8

$1,699,000

5 bed2 bath2 parking2,189 sqftBuilt 1918
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Amenities

Also listed: Shared Laundry, Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
3,904 square feet
Frontage
32 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,573.58 (2025)

Interior

Heating
Forced air, Electric, Natural gas
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Garage

Listing Information

MLS®
R3102331
Listed
March 23, 2026
Time on market
On the market for 161 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Fantastic opportunity for investors or builders in a highly sought-after central location! This charming bungalow sits on flat & north-facing lot and has seen numerous improvements over the years, including an updated kitchen, bathroom, newer laminate flooring, fresh paint, upgraded windows, and a skylight that brings in natural light. The main floor offers 3 bedrooms, while the lower level features a 2-bedroom suite with its own separate entrance-perfect for extended family or as a mortgage helper. Just steps from Sunset Community Centre, Langara Golf Course, and Langara College. Close to transit, the Canada Line at Langara Station, as well as nearby shops, restaurants, cafes, and more! (id:63159)

Values & Trends

This listing

$776/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

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

56

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

SchoolTypeDistance
John Henderson ElementaryElementary573 m
J.W. Sexsmith Community ElementaryElementary655 m
St Andrew's(Independent)Elementary790 m
Pierre Elliott Trudeau ElementaryElementary936 m
Sir Wm Van Horne ElementaryElementary1.2 km
John Oliver SecondarySecondary1.4 km
Dr Annie B Jamieson ElementaryElementary1.5 km
Walter Moberly ElementaryElementary1.5 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 Main St @ 54 Ave97 m
Southbound Main St @ E 54 Ave129 m
Southbound Main St @ E 51 Ave207 m
Northbound Main St @ E 51 Ave226 m
Southbound Main St @ E 56 Ave317 m

Nearby Places

Restaurants (5+)

  • Original Tandoori Kitchen · 7215 Main Street302 m
  • Best Quality Sweets & Restaurant · 7260 Main Street338 m
  • Himalaya Restaurant · 6587 Main Street347 m
  • Dhamaka Indian Restaurant · 6560 Main Street384 m
  • Freshii · 6541 Main Street390 m

Cafes (2)

  • Tim Hortons · 6507 Main Street423 m
  • Roots Café429 m

Grocery (3)

  • Bangla Bazar · 6657 Main Street278 m
  • Punjab Food Center · 6635 Main Street298 m
  • Persia Foods · 6437 Main Street507 m

Parks (3)

  • Sunset Park · 404 East 51st Avenue318 m
  • Unnamed582 m
  • Langara Park735 m

Gyms (2)

  • Sunset Fitness Centre173 m
  • Axé Capoeira- Sunset CC · 6810 Main Street176 m

Pharmacies (2)

  • Main Care Pharmacy · 7297 Main Street352 m
  • Naz's Pharmacy · 6410 Main Street538 m

Banks & ATMs (2)

  • RBC Royal Bank · 6509 Main Street410 m
  • Bitcoin ATM Localcoin · 6411 Main Street530 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($339,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,359,200.00
Periodic payment — Principal & Interest (monthly)$8,769.10
Additional monthly expenses (strata, tax, utilities, etc.)$823.47
Total monthly cost$9,592.56
Interest paid over 5-yr term$389,550.63
Balance at end of term$1,222,604.80

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$339,800
Stress test qualifying rate8.09%
Payment you must qualify for$10,451.77

Cash Needed at Closing

Minimum down payment$339,800
Estimated BC PTT$31,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$373,280

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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