Property Type: Detached HouseOwnership: Freehold

557 E 21ST AVENUE

Vancouver, BC V5V1R5

$2,299,000

8 bed3 bath2 parking2,630 sqftBuilt 1948
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
6,039 square feet
Frontage
49.6 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,799.65 (2025)

Interior

Heating
Electric
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Carport

Listing Information

MLS®
R3134963
Listed
June 11, 2026
Time on market
On the market for 81 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Situated right in the sweet spot between Main Street and Fraser Street, this is the opportunity you have been waiting for! Welcome to 557 E 21st Ave, a massive property nestled on a quite, tree-lined street just steps from the best amenities Vancouver has to offer. With an extra wide 49.5´ x 122´ lot, this isn´t just a house; it´s a rare piece of land with endless possibilities. Over 2,600sqft with 8 spacious bedrooms and a seperate basement entry is perfect for a mortgage helper or in-law suite. Amazing location with top school catchments nearby, famous cafes, boutiques and prominent restaurants. Whether you are looking to build a dream home, develop a multiplex, or hold a high-value asset, this home checks every single box! (id:63159)

Values & Trends

This listing

$874/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

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
Sir Charles Tupper SecondarySecondary328 m
David Livingstone ElementaryElementary399 m
Charles Dickens AnnexElementary748 m
Charles Dickens ElementaryElementary792 m
Florence Nightingale ElementaryElementary899 m
General Wolfe ElementaryElementary1.1 km
St Patrick's Elementary(Independent)Elementary1.1 km
St. Patrick Regional Secondary(Independent)Secondary1.3 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 Fraser St @ E 21 Ave193 m
Northbound Fraser St @ E 22 Ave225 m
Northbound Fraser St @ E 19 Ave254 m
Southbound Fraser St @ E 19 Ave268 m
Southbound Fraser St @ E 23 Ave317 m

Nearby Places

Restaurants (5+)

  • Billy Button Dessert · 3568 Fraser Street246 m
  • Napoletana Pizza Restaurant · 3875 Fraser Street260 m
  • Good Sushi · 3916 Fraser Street328 m
  • Bonjour Vietnam Bistro · 3944 Fraser Street347 m
  • Nammos Estiatorio · 3980 Fraser Street365 m

Cafes (5+)

  • Slo Coffee · 4160 Fraser Street505 m
  • Analog Coffee · 776 Kingsway515 m
  • Honey Cafe · 775 Kingsway550 m
  • Van 168 Coffee · 128-888 Kingsway561 m
  • O! Taho · 4223 Fraser Street563 m

Grocery (2)

  • Niche Market Foods · 3902 Fraser Street318 m
  • Tama Supermarket · 698 Kingsway529 m

Parks (5+)

  • Prince Edward Park367 m
  • McAuley Park573 m
  • Robson Park662 m
  • Tea Swamp Park700 m
  • Grimmett Park702 m

Gyms (5+)

  • Union Pilates · 3381 Fraser Street343 m
  • Jaybird · 776 Kingsway513 m
  • Modo Yoga555 m
  • Kenny Muir Fitness588 m
  • Live Well Exercise Clinic634 m

Pharmacies (5+)

  • Fraser Neighbourhood Remedy'sRx Pharmacy · 3373 Fraser Street360 m
  • Fraser Medicare Pharmacy · 4127 Fraser Street470 m
  • Fraser PharmaChoice Pharmacy · 4207 Fraser Street544 m
  • Vina Pharmacy558 m
  • Kensington Pharmacy · 916 Kingsway598 m

Banks & ATMs (5+)

  • TD · 3373 Main Street714 m
  • RBC Royal Bank · 4095 Main Street725 m
  • Sharons Credit Union · 1055 Kingsway749 m
  • Bitcoin ATM Coinsite · 1096 Kingsway782 m
  • Vancity · 4205 Main Street790 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($459,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,839,200.00
Periodic payment — Principal & Interest (monthly)$11,865.89
Additional monthly expenses (strata, tax, utilities, etc.)$948.64
Total monthly cost$12,814.53
Interest paid over 5-yr term$527,120.01
Balance at end of term$1,654,366.35

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$459,800
Stress test qualifying rate8.09%
Payment you must qualify for$14,142.80

Cash Needed at Closing

Minimum down payment$459,800
Estimated BC PTT$46,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$508,270

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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