Property Type: Detached HouseOwnership: Freehold

5507 COLUMBIA STREET

Vancouver, BC V5Y3H5

$3,999,000

4 bed2 bath2 parking2,331 sqftBuilt 1950
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Property Details

Property & Lot

Sub-type
House
Lot size
5,635 square feet
Frontage
49 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$11,830.6 (2025)

Interior

Basement
Partially finished, Unknown, Unknown
Heating
Forced air
Fireplace
Yes (2)

Parking

Total spaces
2 — covered indicated
Features
Carport

Listing Information

MLS®
R3070593
Listed
November 27, 2025
Time on market
On the market for 277 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

DEVELOPERS & INVESTORS ALERT!To be sold together with 5521 Columbia Street, offering a combined frontage of 98 ft and depth of 115 ft (11,275 sqft) Northwest Corner lot with lane access - Columbia St. & W. 39th Ave. part of PHASE 3 CAMBIE CORRIDOR PLAN approved for development of 14 units townhouses 1.2 FSR. Excellent investment and land assembly. House needs TLC but is livable and has 4 bdrms, den, 2 baths and spacious living room and recreation room. Property is walking distance to the Canada Line & Oakridge Mall. One block from Queen Elizabeth Park, Nat Bailey Stadium, Pitch and Putt Golf, Curling, Tennis & numerous walking & bike trails. (id:63159)

Values & Trends

This listing

$1,716/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

48

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
Sir Wm Van Horne ElementaryElementary510 m
Secondaire Jules-VerneK-12882 m
Rose-des-ventsElementary882 m
King David High School(Independent)Secondary888 m
General Brock ElementaryElementary1.0 km
Dr Annie B Jamieson ElementaryElementary1.2 km
Eric Hamber SecondarySecondary1.2 km
Johnathan Academy(Independent)Secondary1.2 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 41 Ave @ Columbia St235 m
Eastbound W 41 Ave @ Columbia St255 m
Oakridge-41st Ave Station @ Bay 3353 m
Eastbound W 41 Ave @ Manitoba St358 m
Northbound Cambie St @ W 40 Ave369 m

Nearby Places

Restaurants (5+)

  • Bonjour Banh Mi · 5556 Cambie Street356 m
  • Kamura Sushi · 5888 Cambie Street535 m
  • Hello Nori · 650 West 41st Avenue560 m
  • Ash Street Bistro598 m
  • Feenie's608 m

Cafes (5+)

  • Feast & Fallow · 305 West 41st Avenue236 m
  • Starbucks · 5504 Cambie Street347 m
  • Mello Donuts637 m
  • Boba Run643 m
  • Beaucoup Bakery Cafe651 m

Grocery (1)

  • Safeway687 m

Parks (2)

  • Columbia Park460 m
  • Queen Elizabeth Park619 m

Shopping (1)

  • Oakridge Park · 650 West 41st Avenue704 m

Gyms (1)

  • Squash BC · 4867 Ontario Street718 m

Pharmacies (1)

  • yYoung Pharmacy · 5570 Cambie Street361 m

Banks & ATMs (5+)

  • BMO359 m
  • CIBC393 m
  • TD · 511 West 41st Avenue454 m
  • Scotiabank · 5812 Cambie Street502 m
  • RBC · 583 West 41st Avenue502 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($799,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,199,200.00
Periodic payment — Principal & Interest (monthly)$20,640.15
Additional monthly expenses (strata, tax, utilities, etc.)$1,102.88
Total monthly cost$21,743.04
Interest paid over 5-yr term$916,899.92
Balance at end of term$2,877,690.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$799,800
Stress test qualifying rate8.09%
Payment you must qualify for$24,600.73

Cash Needed at Closing

Minimum down payment$799,800
Estimated BC PTT$117,950
Legal / closing costs (typical estimate)$1,500
Total cash needed$919,250

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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