Property Type: Detached HouseOwnership: Freehold

5070 WILLOW STREET

Vancouver, BC V5Z3R9

$3,388,800

5 bed2 bath4 parking2,150 sqftBuilt 1949
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
7,140.76 square feet
Frontage
61.6 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$14,084.4 (2025)

Interior

Basement
Partially finished, Full, Unknown
Heating
Radiant heat, Natural gas, Hot Water
Fireplace
Yes (2)

Parking

Total spaces
4 — covered indicated
Features
Detached Garage, Garage

Listing Information

MLS®
R3149248
Listed
July 23, 2026
Time on market
On the market for 40 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage Global Force Realty · Data source: CREA DDF.

Description

Golden Opportunity! A "strategic'' property in upscale Cambie Corridor. Great location for a 6 storey Rental building! Great Bus/Skytrain access! One block to Women's Hospital, Children's Hospital, NEW Ronald McDonald House & Providence Senior Care! SHORT TERM rental BONANZA!!! Across the street from Oak Meadows Park. EZ walk to Queen E Park & VanDusen Garden! 3 car garage! Significant development by City initiative-including The Village & Heather Lands project with Canada Land will bring excellent tenants! 4 minute drive to Oakridge Shopping Mall, Canada Line Skytrain & Safeway! Separate keyed access to multi-room basement gives flexibility for immediate rental income. Secure this JEWEL in this dynamically evolving high class area!! Virtually staged interior. (id:63159)

Values & Trends

This listing

$1,576/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/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

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

30

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
Eric Hamber SecondarySecondary185 m
Rose-des-ventsElementary352 m
Secondaire Jules-VerneK-12352 m
King David High School(Independent)Secondary697 m
Johnathan Academy(Independent)Secondary767 m
Vancouver College(Independent)K-12889 m
Vancouver Talmud Torah Elementary(Independent)Elementary911 m
Westside Montessori School(Independent)Elementary1.0 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 Cambie St @ W 33 Ave359 m
Southbound Oak St @ W 33 Ave369 m
Northbound Oak St @ W 33 Ave389 m
Southbound Oak St @ W 37 Ave402 m
Northbound Cambie St @ W 33 Ave419 m

Nearby Places

Restaurants (3)

  • Shaughnessy Restaurant · 5251 Oak Street481 m
  • Ash Street Bistro734 m
  • Bonjour Banh Mi · 5556 Cambie Street772 m

Cafes (5+)

  • The Garden Café at VanDusen388 m
  • Simple Love407 m
  • Connect Express414 m
  • Cafe 11550 m
  • Starbucks612 m

Parks (2)

  • Oak Meadows Park231 m
  • Unnamed789 m

Pharmacies (1)

  • yYoung Pharmacy · 5570 Cambie Street783 m

Banks & ATMs (2)

  • RBC · 583 West 41st Avenue792 m
  • BMO795 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($677,760) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,711,040.00
Periodic payment — Principal & Interest (monthly)$17,490.71
Additional monthly expenses (strata, tax, utilities, etc.)$1,281.70
Total monthly cost$18,772.41
Interest paid over 5-yr term$776,991.86
Balance at end of term$2,438,589.25

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$677,760
Stress test qualifying rate8.09%
Payment you must qualify for$20,846.95

Cash Needed at Closing

Minimum down payment$677,760
Estimated BC PTT$87,440
Legal / closing costs (typical estimate)$1,500
Total cash needed$766,700

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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