5577 INVERNESS STREET
Vancouver, BC V5W3P4
$2,828,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 4,049.93 square feet
- Frontage
- 33 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $10,352.5 (2026)
Interior
- Basement
- Finished, Separate entrance, Unknown
- Heating
- Radiant heat, Hot Water
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (2)
- Appliances
- All
Exterior & Lot
- View
- View
- Lot features
- Central location
Building
- Parcel ID (PID)
- 013-211-021
Parking
- Total spaces
- 3 — covered indicated
- Features
- Garage, Carport
Listing Information
- MLS®
- R3155606
- Listed
- August 13, 2026
- Time on market
- On the market for 18 days
- Tax assessment year
- 2026
- Data last synced
- August 29, 2026
Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.
Description
Welcome to this beautifully crafted 2022 home in the sought-after Knight neighbourhood. Offering 2,711 sqft. on a 4,050 sqft. lot, this modern residence features 6 bedrooms, 7 full bathrooms and quality finishes throughout. Enjoy bright living spaces, A/C, radiant/hot-water heating and gas fireplaces for year-round comfort. The lower level includes a 2-bedroom suite and 1-bedroom suite, offering excellent mortgage-helper potential. A bachelor laneway suite adds further rental income potential. The home also features a 2-car garage, carport, rear lane access and additional parking. Enjoy a full 360-degree rooftop patio with expansive outdoor space. Ideally located near schools, parks, shopping, transit and everyday amenities. A fantastic opportunity with exceptional income potential! (id:63159)
Values & Trends
This listing
$941/sqft
Building average
—
No other active listings in this building
Vancouver average
$1,165/sqft
1216 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
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
19
4/9 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
| School | Type | Distance |
|---|---|---|
| Sir Alexander Mackenzie Elementary | Elementary | 461 m |
| Tecumseh Annex | Elementary | 605 m |
| Tecumseh Elementary | Elementary | 933 m |
| John Oliver Secondary | Secondary | 938 m |
| Sir Richard McBride Annex | Elementary | 944 m |
| Sir Sandford Fleming Elementary | Elementary | 952 m |
| Sir Richard McBride Elementary | Elementary | 1.1 km |
| Lord Selkirk Annex | Elementary | 1.4 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
| Stop | Type | Distance |
|---|---|---|
| Westbound E 41 Ave @ Inverness St | — | 126 m |
| Eastbound E 41 Ave @ Sherbrooke St | — | 150 m |
| Westbound E 41 Ave @ Knight St | — | 201 m |
| Southbound Knight St @ E 39 Ave | — | 225 m |
| Northbound Knight St @ E 41 Ave | — | 256 m |
Nearby Places
Restaurants (5+)
- Koon Bo Seafood Restaurant · 5682 Fraser Street734 m
- New Bhaia Sweet Shop and Restaurant · 5740 Fraser Street768 m
- Infinity Kitchen · 5744 Fraser Street770 m
- Dewan-E-Khass773 m
- Jack's Fish & Chips · 5772 Fraser Street779 m
Cafes (4)
- Duffin's Donuts · 1391 East 41st Avenue213 m
- Green Leaf Bubble Tea · 5756 Fraser Street774 m
- Boba Monster · 5766 Fraser Street775 m
- L & G Bubble Tea · 5816 Fraser Street790 m
Parks (2)
- Memorial South Park505 m
- Kensington Park · 5175 Dumfries Street608 m
Gyms (2)
- Kensington Fitness Centre528 m
- Eastside Fitness781 m
Nearby places data: © OpenStreetMap contributors.
School district: Vancouver (SD39)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($565,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.