Property Type: Land / Lot

516 ALEXANDER STREET

Vancouver, BC V6A1C7

$2,188,000

3,050 sqft
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Property Details

Property & Lot

Lot size
3,050 square feet

DEOD

Ownership & Fees

Property type
Land / Lot
Annual property tax
$7,297.23 (2025)

Interior

Fireplace
None

Listing Information

MLS®
C8080734
Listed
July 27, 2026
Time on market
On the market for 35 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: TRG Commercial Realty Ltd. · Data source: CREA DDF.

Description

Freehold landholding and development site in the heart of Railtown, Vancouver's creative and industrial district on the downtown waterfront. Positioned in close proximity to Gastown and the Central Business District, 516 Alexander offers +3,050 sq. ft. of land close to head offices for Aritzia and Herschel. Potential to build up to 11.0 FSR/30 stories for secured rental and social housing. (id:63159)

Values & Trends

This listing

$717/sqft

Building average

No other active listings in this building

Vancouver average

$1,507/sqft

11 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.

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

63

8/9 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
Lord Strathcona Community ElementaryElementary410 m
Admiral Seymour ElementaryElementary1.0 km
šxʷwəq̓ʷəθət Crosstown ElementaryElementary1.2 km
Columbia College(Independent)Secondary1.3 km
Alexander Academy(Independent)Secondary1.5 km
Columbia Academy(Independent)Secondary1.7 km
Lowell High School(Independent)Secondary1.7 km
Britannia Community SecondarySecondary1.8 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 Powell St @ Jackson Ave120 m
Westbound Powell St @ Heatley Ave179 m
Eastbound E Cordova St @ Princess Ave211 m
Eastbound E Cordova St @ Dunlevy Ave253 m
Westbound E Hastings St @ Princess Ave269 m

Nearby Places

Restaurants (5+)

  • Dosanko Restaurant · 566 Powell Street92 m
  • The MacKenzie Room · 415 Powell Street198 m
  • Belgard Kitchen · 55 Dunlevy Avenue244 m
  • LanaLou's · 362 Powell Street296 m
  • Ask for Luigi · 305 Alexander Street398 m

Cafes (5+)

  • The Uncommon Cafe · 477 Powell Street105 m
  • Ed’s Daily · 686 Powell Street213 m
  • Pallet Coffee Roasters HQ, Cafe + Roastery · 395 Alexander Street268 m
  • Railtown Café · 397 Railway Street273 m
  • Eden · 643 East Hastings Street292 m

Grocery (2)

  • Vegan Supply · 250 East Pender Street591 m
  • Eastend Grocers/Deli664 m

Parks (5+)

  • Oppenheimer Park · 488 Powell Street190 m
  • Wendy Poole Park538 m
  • MacLean Park · 710 Keefer Street600 m
  • CRAB Park at Portside695 m
  • Strathcona Linear Park · 787 Prior Street795 m

Shopping (1)

  • Sun Wah Centre · 268 Keefer Street651 m

Gyms (5+)

  • Axe Capoeira Strathcona · 601 Keefer Street413 m
  • Team Hybrid Training Inc · 261 East Pender Street561 m
  • Vancity Yoga · 255 East Pender Street566 m
  • RayCam Fitness Centre670 m
  • The Program Fitness (Gym) · 747 Gore Avenue739 m

Pharmacies (5+)

  • Eastside Pharmacy Ltd. · 398 East Hastings Street375 m
  • CareRx466 m
  • Garlane Pharmacy · 232 East Hastings Street553 m
  • SRx Pharmacy · 223 Main Street558 m
  • Owl Drugs · 199 East Hastings Street603 m

Banks & ATMs (5+)

  • Bitcoin ATM Localcoin · 531 East Hastings Street259 m
  • RBC Royal Bank · 400 Main Street581 m
  • TD · 450 Main Street620 m
  • Scotiabank651 m
  • CIBC · 501 Main Street688 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($437,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,750,400.00
Periodic payment — Principal & Interest (monthly)$11,292.99
Additional monthly expenses (strata, tax, utilities, etc.)$761.10
Total monthly cost$12,054.09
Interest paid over 5-yr term$501,669.67
Balance at end of term$1,574,490.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$437,600
Stress test qualifying rate8.09%
Payment you must qualify for$13,459.96

Cash Needed at Closing

Minimum down payment$437,600
Estimated BC PTT$43,640
Legal / closing costs (typical estimate)$1,500
Total cash needed$482,740

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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