Property Type: Detached HouseOwnership: Freehold

55 W KING EDWARD AVENUE

Vancouver, BC V5Y2H6

$3,300,000

6 bed5 bath4 parking3,354 sqftBuilt 1939
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
7,456 square feet
Frontage
50 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,674.7 (2026)

Interior

Basement
Full, Unknown, Unknown
Heating
Forced air, Natural gas
Fireplace
Yes (2)

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3155752
Listed
August 14, 2026
Time on market
On the market for 17 days
Tax assessment year
2026
Data last synced
August 28, 2026

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

Description

PRIME 50´ x 149.12´ LOT offering an exceptional opportunity for BUILDERS & DEVELOPERS in one of Vancouver´s most sought-after locations. The existing 2-level home offers excellent HOLDING POTENTIAL while you plan your next project, with a flexible layout including 2 bedrooms on the main floor, 1 bed suite upstairs, and a separate 3-bedroom suite below, each with its own laundry. The home is in rentable condition and offers 3 parking spots, including a garage. Centrally located just off Cambie with easy access to King Edward Canada Line Station, Queen Elizabeth Park, Hillcrest Community Centre, General Wolfe Elementary & Eric Hamber Secondary. Excellent opportunity to hold, renovate or explore future redevelopment possibilities on a substantial lot. (id:63159)

Values & Trends

This listing

$984/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

44

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
General Wolfe ElementaryElementary201 m
David Livingstone ElementaryElementary654 m
Sir Charles Tupper SecondarySecondary868 m
Edith Cavell ElementaryElementary891 m
Westside Montessori Elementary School(Independent)Elementary895 m
Simon Fraser ElementaryElementary908 m
General Brock ElementaryElementary947 m
St Patrick's Elementary(Independent)Elementary1.2 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 W King Edward Ave @ Ontario St65 m
Eastbound E King Edward Ave @ Ontario St135 m
Eastbound W King Edward Ave @ Columbia St233 m
Westbound W King Edward Ave @ Columbia St304 m
Westbound E King Edward Ave @ Main St344 m

Nearby Places

Restaurants (5+)

  • Zakkushi Dining on Main · 4075 Main Street354 m
  • District Eleven · 4063 Main Street355 m
  • Locus Restaurant · 4121 Main Street365 m
  • Beeryani Indian Cuisine · 4129 Main Street373 m
  • The Acorn · 3995 Main Street374 m

Cafes (5+)

  • Caffe Artigiano · 4010 Main Street405 m
  • Aperture Coffee Bar · 4124 Main Street410 m
  • Blenz Coffee · 4198 Main Street429 m
  • Trafiq Cafe and Bakery · 4216 Main Street450 m
  • Talavera Mexican Coffee Shop · 4363 Main Street462 m

Grocery (2)

  • Jasmine Mediterranean Foods · 4323 Main Street429 m
  • Nesters Market · 4475 Main Street584 m

Parks (5+)

  • Hillcrest Park509 m
  • Unnamed606 m
  • Grimmett Park627 m
  • Prince Edward Park687 m
  • Nat Bailey Stadium Park730 m

Gyms (3)

  • Axe Capoeira Hillcrest · 4575 Clancy Loranger Way562 m
  • Axe Capoeira Hillcrest · 4575 Clancy Loranger Way618 m
  • Hillcrest Fitness Centre618 m

Pharmacies (5+)

  • ClickCare Pharmacy429 m
  • Mednow Pharmacy · 4484 Main Street620 m
  • NoVara Pharmacy · 3482 Main Street710 m
  • Pharmasave · 4628 Main Street777 m
  • Shoppers Drug Mart · 3303 Main Street787 m

Banks & ATMs (5+)

  • RBC Royal Bank · 4095 Main Street361 m
  • Vancity · 4205 Main Street387 m
  • BMO · 4402 Main Street550 m
  • CIBC · 4493 Main Street602 m
  • Scotiabank · 4088 Cambie Street640 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($660,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,640,000.00
Periodic payment — Principal & Interest (monthly)$17,032.38
Additional monthly expenses (strata, tax, utilities, etc.)$1,057.56
Total monthly cost$18,089.94
Interest paid over 5-yr term$756,631.59
Balance at end of term$2,374,688.54

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$660,000
Stress test qualifying rate8.09%
Payment you must qualify for$20,300.68

Cash Needed at Closing

Minimum down payment$660,000
Estimated BC PTT$83,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$744,500

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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