Property Type: Detached HouseOwnership: Freehold

5521 COLUMBIA STREET

Vancouver, BC V5Y3H5

$3,999,000

3 bed2 bath1 parking1,709 sqftBuilt 1946
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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
$11,612.8 (2025)

Interior

Heating
Forced air
Fireplace
Yes (1)

Parking

Total spaces
1 — covered indicated
Features
Carport

Listing Information

MLS®
R3070586
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

INVESTORS! DEVELOPERS! To be sold together with 5507 Columbia Street, offering a combined frontage of 98 ft and depth of 115 ft (11,275 sqft)Northwest Corner lot for 14 units Townhomes development! Prime Cambie Corridor. Excellent Investment to Hold Own to Live, Rent Out, Build and Develop. Approved for Townhomes.1.2 FSR. Quiet and Convenient neighbourhood in a very desirable location and future Oakridge Town Centre. Steps to Queen Elizabeth Park, tennis, Pitch and Putt, Oakridge Shopping, Canada Line, Minutes to Downtown, UBC, Richmond, Airport, Langara College, Golf Course. Walk to shops, banks, medical, dental offices. Charming 3 bedroom character home has been lovingly tenanted. Don't Miss this Golden Opportunity to own this attractive piece of Vancouver real estate! (id:63159)

Values & Trends

This listing

$2,340/sqft

Building average

No other active listings in this building

Vancouver average

$1,164/sqft

1216 active listing(s)

Parking: 1 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

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 ElementaryElementary498 m
King David High School(Independent)Secondary885 m
Rose-des-ventsElementary885 m
Secondaire Jules-VerneK-12885 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 St221 m
Eastbound W 41 Ave @ Columbia St242 m
Oakridge-41st Ave Station @ Bay 3344 m
Eastbound W 41 Ave @ Manitoba St347 m
Northbound Cambie St @ W 40 Ave367 m

Nearby Places

Restaurants (5+)

  • Bonjour Banh Mi · 5556 Cambie Street354 m
  • Kamura Sushi · 5888 Cambie Street525 m
  • Hello Nori · 650 West 41st Avenue554 m
  • Ash Street Bistro595 m
  • Feenie's600 m

Cafes (5+)

  • Feast & Fallow · 305 West 41st Avenue224 m
  • Starbucks · 5504 Cambie Street348 m
  • Mello Donuts630 m
  • Boba Run635 m
  • Beaucoup Bakery Cafe644 m

Grocery (1)

  • Safeway678 m

Parks (2)

  • Columbia Park446 m
  • Queen Elizabeth Park633 m

Shopping (1)

  • Oakridge Park · 650 West 41st Avenue696 m

Gyms (1)

  • Squash BC · 4867 Ontario Street730 m

Pharmacies (1)

  • yYoung Pharmacy · 5570 Cambie Street359 m

Banks & ATMs (5+)

  • BMO356 m
  • CIBC388 m
  • TD · 511 West 41st Avenue449 m
  • Scotiabank · 5812 Cambie Street493 m
  • RBC · 583 West 41st Avenue498 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.)$1,052.73
Total monthly cost$21,692.89
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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