Property Type: Land / LotOwnership: FreeholdNEW LISTING

5589 BAILLIE STREET

Vancouver, BC V5Z3M7

$18,880,000

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Property Details

Property & Lot

Lot size
29,894.68 square feet
Frontage
230 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$64,940.3 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3159444
Listed
August 27, 2026
Time on market
On the market for 4 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.

Description

5589, 5611, 5637, & 5661 Baillie Street Vancouver, 29,894.68 sf. The Property comprises four contiguous parcels within the Cambie Corridor Plan directly across from Oakridge Centre. Ideal location for senior housing. Please contact the listing agent for information. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Vancouver average

$1,442/sqft

12 active listing(s)

Parking: Not indicatedStorage 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.

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
King David High School(Independent)Secondary151 m
Rose-des-ventsElementary194 m
Secondaire Jules-VerneK-12194 m
Johnathan Academy(Independent)Secondary391 m
Eric Hamber SecondarySecondary640 m
Sir William Osler ElementaryElementary822 m
Dr Annie B Jamieson ElementaryElementary837 m
Vancouver College(Independent)K-12910 m

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
Eastbound W 41 Ave @ Willow St139 m
Westbound W 41st Ave @ Willow St146 m
Eastbound W 41 Ave @ Oak St326 m
Eastbound W 41 Ave @ Oak St384 m
Oakridge-41st Ave Station @ Bay 4391 m

Nearby Places

Restaurants (5+)

  • Ash Street Bistro306 m
  • Hello Nori · 650 West 41st Avenue409 m
  • España444 m
  • Santo Taco450 m
  • MaKaam Modern Artisan Thai Cuisine451 m

Cafes (5+)

  • Cafe FortyOne · 5750 Oak Street392 m
  • Beaucoup Bakery Cafe449 m
  • Boba Run460 m
  • Mello Donuts461 m
  • Beaucoup Creamery469 m

Grocery (1)

  • Safeway577 m

Parks (2)

  • Oak Meadows Park460 m
  • Montgomery Park695 m

Shopping (1)

  • Oakridge Park · 650 West 41st Avenue453 m

Pharmacies (1)

  • yYoung Pharmacy · 5570 Cambie Street504 m

Banks & ATMs (5+)

  • RBC · 583 West 41st Avenue407 m
  • Scotiabank · 650 West 41st Avenue415 m
  • TD · 511 West 41st Avenue457 m
  • CIBC505 m
  • BMO510 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($3,776,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$15,104,000.00
Periodic payment — Principal & Interest (monthly)$97,445.88
Additional monthly expenses (strata, tax, utilities, etc.)$5,411.69
Total monthly cost$102,857.57
Interest paid over 5-yr term$4,328,849.82
Balance at end of term$13,586,096.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$3,776,000
Stress test qualifying rate8.09%
Payment you must qualify for$116,144.47

Cash Needed at Closing

Minimum down payment$3,776,000
Estimated BC PTT$862,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$4,639,500

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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