Property Type: Detached HouseOwnership: Freehold

5626 ELIZABETH STREET

Vancouver, BC V5Y3J9

$4,188,000

8 bed8 bath3 parking4,731 sqftBuilt 2017
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
5,520 square feet
Frontage
48 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$17,056.2 (2025)

Interior

Basement
Finished, Full, Separate entrance
Heating
Radiant heat, Hot Water
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)
Appliances
All, Oven - Built-In

Exterior & Lot

Lot features
Central location, Wet bar

Building

Security
Smoke Detectors
Parcel ID (PID)
010-700-978

Parking

Total spaces
3 — covered indicated
Features
Garage

Listing Information

MLS®
R3144908
Listed
July 10, 2026
Time on market
On the market for 53 days
Tax assessment year
2025
Data last synced
September 1, 2026

Listing provided by: Dracco Pacific Realty · Data source: CREA DDF.

Description

An exceptional opportunity in the heart of the Cambie Corridor Phase 3 redevelopment area. This well-maintained property offers outstanding flexibility and income potential with two rental suites-a basement suite and a laneway home-ideal for investors or end-users looking to offset ownership costs. Situated just steps to Oakridge Centre, the SkyTrain, and everyday amenities, the location delivers unbeatable convenience and long-term value. Whether you choose to hold, rent, or plan for future redevelopment, this is a rare chance to secure a prime property in one of Vancouver´s most transformative neighbourhoods. (id:63159)

Values & Trends

This listing

$885/sqft

Building average

No other active listings in this building

Vancouver average

$1,165/sqft

1216 active listing(s)

Parking: 3 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

48

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 Wm Van Horne ElementaryElementary462 m
King David High School(Independent)Secondary811 m
Rose-des-ventsElementary851 m
Secondaire Jules-VerneK-12851 m
Dr Annie B Jamieson ElementaryElementary1.0 km
General Brock ElementaryElementary1.1 km
Johnathan Academy(Independent)Secondary1.2 km
Eric Hamber SecondarySecondary1.2 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 St126 m
Eastbound W 41 Ave @ Columbia St140 m
Oakridge-41st Ave Station @ Bay 3239 m
Northbound Cambie St @ W 40 Ave307 m
Eastbound W 41 Ave @ Manitoba St330 m

Nearby Places

Restaurants (5+)

  • Bonjour Banh Mi · 5556 Cambie Street296 m
  • Kamura Sushi · 5888 Cambie Street415 m
  • Hello Nori · 650 West 41st Avenue463 m
  • Feenie's496 m
  • Via Tevere497 m

Cafes (5+)

  • Feast & Fallow · 305 West 41st Avenue110 m
  • Starbucks · 5504 Cambie Street304 m
  • Mello Donuts528 m
  • Boba Run533 m
  • Beaucoup Bakery Cafe543 m

Grocery (1)

  • Safeway568 m

Parks (2)

  • Columbia Park339 m
  • Queen Elizabeth Park730 m

Shopping (1)

  • Oakridge Park · 650 West 41st Avenue594 m

Pharmacies (1)

  • yYoung Pharmacy · 5570 Cambie Street295 m

Banks & ATMs (5+)

  • BMO289 m
  • CIBC306 m
  • TD · 511 West 41st Avenue365 m
  • Scotiabank · 5812 Cambie Street386 m
  • RBC · 583 West 41st Avenue416 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($837,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,350,400.00
Periodic payment — Principal & Interest (monthly)$21,615.64
Additional monthly expenses (strata, tax, utilities, etc.)$1,658.35
Total monthly cost$23,273.99
Interest paid over 5-yr term$960,234.27
Balance at end of term$3,013,695.64

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$837,600
Stress test qualifying rate8.09%
Payment you must qualify for$25,763.40

Cash Needed at Closing

Minimum down payment$837,600
Estimated BC PTT$127,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$966,500

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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