Property Type: Detached HouseOwnership: Freehold

5606 WILLOW STREET

Vancouver, BC V5Z3S4

$3,590,000

6 bed3 bath2 parking3,184 sqftBuilt 1963
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Property Details

Property & Lot

Sub-type
House
Lot size
8,762 square feet
Frontage
66 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$19,455.8 (2025)

Interior

Basement
Finished, Unknown, Unknown
Heating
Baseboard heaters, Natural gas, Hot Water
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Detached Garage

Listing Information

MLS®
R3100893
Listed
March 17, 2026
Time on market
On the market for 167 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Prime Cambie Corridor opportunity on a large 66´ x 132.75´ (8,762 sqft) lot steps from Oakridge and the Canada Line. Well-maintained 5 bed/3 bath home offers a functional layout with generous living spaces, a bright main level, and a large private backyard perfect for families and entertaining. Lovingly cared for over the years, the home provides excellent rental or holding potential. Located within the Cambie Corridor Plan with RM-8A zoning allowing townhome development (up to 1.2 FSR) and strong future assembly potential given ongoing redevelopment in the area. Just minutes to Oakridge Park, Queen Elizabeth Park, top schools including Eric Hamber, Jameson, and convenient transit connections. An exceptional opportunity for end users, investors, or developers. (id:63159)

Values & Trends

This listing

$1,128/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

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)Secondary156 m
Secondaire Jules-VerneK-12203 m
Rose-des-ventsElementary203 m
Johnathan Academy(Independent)Secondary334 m
Eric Hamber SecondarySecondary627 m
Sir William Osler ElementaryElementary767 m
Dr Annie B Jamieson ElementaryElementary843 m
Vancouver College(Independent)K-12854 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
Westbound W 41st Ave @ Willow St104 m
Eastbound W 41 Ave @ Willow St121 m
Eastbound W 41 Ave @ Oak St268 m
Eastbound W 41 Ave @ Oak St324 m
Northbound Oak St @ W 41 Ave344 m

Nearby Places

Restaurants (5+)

  • Ash Street Bistro361 m
  • Hello Nori · 650 West 41st Avenue461 m
  • España490 m
  • MaKaam Modern Artisan Thai Cuisine495 m
  • Santo Taco496 m

Cafes (5+)

  • Cafe FortyOne · 5750 Oak Street333 m
  • Beaucoup Bakery Cafe491 m
  • Boba Run503 m
  • Mello Donuts504 m
  • Beaucoup Creamery511 m

Grocery (1)

  • Safeway615 m

Parks (2)

  • Oak Meadows Park439 m
  • Montgomery Park642 m

Shopping (1)

  • Oakridge Park · 650 West 41st Avenue490 m

Pharmacies (1)

  • yYoung Pharmacy · 5570 Cambie Street564 m

Banks & ATMs (5+)

  • RBC · 583 West 41st Avenue464 m
  • Scotiabank · 650 West 41st Avenue468 m
  • TD · 511 West 41st Avenue515 m
  • CIBC563 m
  • BMO570 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($718,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,872,000.00
Periodic payment — Principal & Interest (monthly)$18,529.17
Additional monthly expenses (strata, tax, utilities, etc.)$1,780.32
Total monthly cost$20,309.49
Interest paid over 5-yr term$823,123.46
Balance at end of term$2,583,373.29

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$718,000
Stress test qualifying rate8.09%
Payment you must qualify for$22,084.67

Cash Needed at Closing

Minimum down payment$718,000
Estimated BC PTT$97,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$817,000

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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