Property Type: Detached HouseOwnership: Freehold

2388 E 5TH AVENUE

Vancouver, BC V5N1N1

$2,049,000

6 bed5 bath2 parking2,354 sqftBuilt 2008
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
4,026 square feet
Frontage
33 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,199.25 (2026)

Interior

Basement
Finished, Unknown, Unknown
Heating
Radiant heat
Fireplace
Yes (1)
Appliances
All

Exterior & Lot

View
View
Lot features
Central location

Building

Security
Sprinkler System-Fire
Parcel ID (PID)
014-423-596

Parking

Total spaces
2 — covered indicated
Features
Detached Garage

Listing Information

MLS®
R3155383
Listed
August 17, 2026
Time on market
On the market for 14 days
Tax assessment year
2026
Data last synced
August 30, 2026

Listing provided by: Sutton Premier Realty · Data source: CREA DDF.

Description

Within mere minutes from Trout Lake, Commercial Drive, and transit lies a beautifully updated home in the heart of Grandview-Woodland. This property comes with 2 suites, radiant heat throughout, and a jacuzzi ensuite off the primary bedroom. The kitchen features Fisher & Paykel appliances, while recent updates include a new boiler, hot water tank, fence, updated electrical, and fresh paint throughout. Both upstairs and downstairs laundry have also been replaced. With easy highway access and top school catchments including Laura Secord Elementary and Van Tech Secondary nearby, this truly is an ideal place to call home. (id:63159)

Values & Trends

This listing

$870/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/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

30

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
Chief Maquinna ElementaryElementary513 m
Laura Secord ElementaryElementary522 m
Queen Victoria AnnexElementary730 m
Vancouver Technical SecondaryElementary742 m
Lord Nelson ElementaryElementary779 m
Norval-MorrisseauElementary872 m
Westside Montessori Academy(Independent)Elementary1.1 km
Grandview ¿uuqinak’uuh 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 Nanaimo St @ E 5th Ave20 m
Northbound Nanaimo St @ E 6th Ave70 m
Northbound Nanaimo St @ E 4th Ave146 m
Northbound Nanaimo St @ E Broadway358 m
Westbound E Broadway @ Nanaimo St374 m

Nearby Places

Restaurants (5+)

  • Golden Seafood Restaurant · 2425 Nanaimo Street318 m
  • Yook Korean Grilled BBQ and Bistro · 2408 Nanaimo Street327 m
  • Bon's Off Broadway · 2451 Nanaimo Street336 m
  • Golden Spring · 2461 Nanaimo Street343 m
  • Got Pho? · 2523 Nanaimo Street433 m

Cafes (2)

  • Ruka Coffee · 2406 East Broadway429 m
  • To Live For · 1508 Nanaimo Street612 m

Parks (3)

  • Garden Park · 1851 Garden Drive316 m
  • Clinton Park · 2690 Grant Street694 m
  • McSpadden Park · 2125 Victoria Drive719 m

Banks & ATMs (1)

  • TD · 2396 East Broadway410 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($409,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,639,200.00
Periodic payment — Principal & Interest (monthly)$10,575.56
Additional monthly expenses (strata, tax, utilities, etc.)$967.94
Total monthly cost$11,543.50
Interest paid over 5-yr term$469,799.43
Balance at end of term$1,474,465.70

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$409,800
Stress test qualifying rate8.09%
Payment you must qualify for$12,604.87

Cash Needed at Closing

Minimum down payment$409,800
Estimated BC PTT$39,470
Legal / closing costs (typical estimate)$1,500
Total cash needed$450,770

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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