Property Type: Detached HouseOwnership: Freehold

266 E 55TH AVENUE

Vancouver, BC V5X1M9

$2,170,000

6 bed4 bath2,265 sqftBuilt 2003
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Property Details

Property & Lot

Sub-type
House
Lot size
4,032 square feet
Frontage
35.6 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,340.09 (2025)

Interior

Heating
Radiant heat
Fireplace
Yes (1)

Parking

Features
Detached Garage, Garage

Listing Information

MLS®
R3099430
Listed
March 13, 2026
Time on market
On the market for 172 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty Westmar · Data source: CREA DDF.

Description

Spacious two story home featuring three self-contained units, offering excellent flexibility for multi-generational living or rental income. Each unit provides comfortable living space with its own kitchen and bath. Ideal for investors or homeowners looking to offset costs with tenants. Convenient layout, great potential, and strong income opportunity in one property. (id:63159)

Values & Trends

This listing

$958/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/sqft

1216 active listing(s)

Parking: Not indicatedStorage 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

52

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 ElementaryElementary493 m
Pierre Elliott Trudeau ElementaryElementary667 m
J.W. Sexsmith Community ElementaryElementary674 m
St Andrew's(Independent)Elementary874 m
Walter Moberly ElementaryElementary1.3 km
Sir Wm Van Horne ElementaryElementary1.4 km
John Oliver SecondarySecondary1.5 km
des ColibrisElementary1.7 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 Main St @ E 54 Ave151 m
Southbound Main St @ E 56 Ave162 m
Northbound Main St @ E 57 Ave163 m
Northbound Main St @ 54 Ave186 m
Northbound Main St @ E 59 Ave341 m

Nearby Places

Restaurants (5+)

  • Best Quality Sweets & Restaurant · 7260 Main Street151 m
  • Original Tandoori Kitchen · 7215 Main Street158 m
  • Himalaya Restaurant · 6587 Main Street558 m
  • Dhamaka Indian Restaurant · 6560 Main Street582 m
  • Freshii · 6541 Main Street601 m

Cafes (2)

  • Roots Café626 m
  • Tim Hortons · 6507 Main Street634 m

Grocery (3)

  • Bangla Bazar · 6657 Main Street489 m
  • Punjab Food Center · 6635 Main Street508 m
  • Persia Foods · 6437 Main Street715 m

Parks (2)

  • Sunset Park · 404 East 51st Avenue341 m
  • Unnamed568 m

Gyms (2)

  • Axé Capoeira- Sunset CC · 6810 Main Street330 m
  • Sunset Fitness Centre334 m

Pharmacies (2)

  • Main Care Pharmacy · 7297 Main Street194 m
  • Naz's Pharmacy · 6410 Main Street737 m

Banks & ATMs (2)

  • RBC Royal Bank · 6509 Main Street622 m
  • Bitcoin ATM Localcoin · 6411 Main Street742 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($434,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,736,000.00
Periodic payment — Principal & Interest (monthly)$11,200.08
Additional monthly expenses (strata, tax, utilities, etc.)$891.34
Total monthly cost$12,091.42
Interest paid over 5-yr term$497,542.59
Balance at end of term$1,561,537.61

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$434,000
Stress test qualifying rate8.09%
Payment you must qualify for$13,349.23

Cash Needed at Closing

Minimum down payment$434,000
Estimated BC PTT$43,100
Legal / closing costs (typical estimate)$1,500
Total cash needed$478,600

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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