Property Type: Detached HouseOwnership: Freehold

726 E 56TH AVENUE

Vancouver, BC V5X1R9

$1,998,000

5 bed4 bath3 parking2,360 sqftBuilt 1994
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Property Details

Property & Lot

Sub-type
House
Lot size
4,102.19 square feet
Frontage
37 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,716.89 (2025)

Interior

Basement
Finished, Separate entrance, Unknown
Heating
Forced air, Natural gas
Fireplace
Yes (2)

Parking

Total spaces
3 — covered indicated
Features
Detached Garage, Garage

Listing Information

MLS®
R3150962
Listed
July 29, 2026
Time on market
On the market for 33 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Century 21 Coastal Realty Ltd. · Data source: CREA DDF.

Description

Excellent opportunity to own a well maintained three level family home on a quiet street in prime South Vancouver. Functional layout with 3 spacious bedrooms and 2 full bathrooms upstairs. Main floor offers bright living and dining areas, family room, kitchen, and eating area. Includes a 2 bedroom suite with separate entrance, perfect as a mortgage helper. Centrally located with quick access to Knight Street and Fraser Street, and walking distance to schools, shops, transit, parks, and recreation. Bring your ideas and add your personal touch to create a beautiful space for your family. (id:63159)

Values & Trends

This listing

$847/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

33

6/9 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
Walter Moberly ElementaryElementary532 m
John Henderson ElementaryElementary573 m
Pierre Elliott Trudeau ElementaryElementary652 m
St Andrew's(Independent)Elementary1.0 km
Sir Sandford Fleming ElementaryElementary1.2 km
Sir James Douglas ElementaryElementary1.3 km
Sir James Douglas AnnexElementary1.3 km
J.W. Sexsmith Community ElementaryElementary1.4 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

StopTypeDistance
Northbound Fraser St @ E 56 Ave92 m
Southbound Fraser St @ E 55 Ave121 m
Southbound Fraser St @ E 57 Ave136 m
Northbound Fraser St @ E 54 Ave274 m
Southbound Fraser St @ E 53 Ave302 m

Nearby Places

Restaurants (5+)

  • Dosa Hut · 7233 Fraser Street95 m
  • New Novelty Restaurant562 m
  • Yu Xiang Yuan Restaurant · 6591 Fraser Street649 m
  • Shoom Restaurant · 6555 Fraser Street670 m
  • Dhaliwal Sweets677 m

Cafes (2)

  • Breka Bakery & Café · 6533 Fraser Street699 m
  • Starbucks · 6544 Fraser Street700 m

Grocery (2)

  • Garden Fresh Food & Grocery · 6529 Fraser Street709 m
  • Money BBQ & Produce · 6457 Fraser Street792 m

Parks (4)

  • Moberly Park482 m
  • Ross Park573 m
  • George Park761 m
  • Sunset Park · 404 East 51st Avenue781 m

Pharmacies (2)

  • Rexall · 6580 Fraser Street668 m
  • Fraser Care Pharmacy · 6448 Fraser Street799 m

Banks & ATMs (3)

  • RBC Royal Bank · 6505 Fraser Street722 m
  • Scotiabank751 m
  • TD · 6499 Fraser Street760 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($399,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,598,400.00
Periodic payment — Principal & Interest (monthly)$10,312.33
Additional monthly expenses (strata, tax, utilities, etc.)$844.41
Total monthly cost$11,156.74
Interest paid over 5-yr term$458,106.03
Balance at end of term$1,437,765.97

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$399,600
Stress test qualifying rate8.09%
Payment you must qualify for$12,291.14

Cash Needed at Closing

Minimum down payment$399,600
Estimated BC PTT$37,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$439,060

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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