5507 Columbia Street, Vancouver, V5Y 3H5 — photo 1

$3,999,000

5507 Columbia Street, Vancouver, V5Y 3H5
Active
4 Bedrooms 2 Bathrooms 2,331 sqft Built 1950 Residential
1 Listing Signal Detected
Renovation RequiredNote

Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.

About This Property

DEVELOPERS & INVESTORS ALERT!To be sold together with 5521 Columbia Street, offering a combined frontage of 98 ft and depth of 115 ft (11,275 sqft) Northwest Corner lot with lane access - Columbia St. & W. 39th Ave. part of PHASE 3 CAMBIE CORRIDOR PLAN approved for development of 14 units townhouses 1.2 FSR. Excellent investment and land assembly. House needs TLC but is livable and has 4 bdrms, den, 2 baths and spacious living room and recreation room. Property is walking distance to the Canada Line & Oakridge Mall. One block from Queen Elizabeth Park, Nat Bailey Stadium, Pitch and Putt Golf, Curling, Tennis & numerous walking & bike trails.

Fireplace

Property Details

MLS #

R3070593

Status

Active

Type

Residential

Sub-type

Single Family Residence

Style

Rancher/Bungalow w/Bsmt.

Ownership

Freehold NonStrata

Zoning

RS-1

Bedrooms

4

Full Baths

2

Half Baths

0

Kitchens

1

Fireplaces

2

Living Area

2,331 sqft

Main Floor

1,231 sqft

Basement

1,100 sqft fin.

Lot Size

5,635 sqft

Lot Dimensions

49 x 115

Frontage

49

Year Built

1950

Age

76 years

Roof

Asphalt

Construction

Frame Wood, Stucco

Structure

Residential Detached

Parking Stalls

2

Carport

1 spaces

Parking Type

Carport Single, Rear Access

Original Price

$3,999,000

Taxes

$11,830.6/yr

Listed

2025-11-25

MLS Area

Cambie

City

Vancouver

Postal Code

V5Y 3H5

Features & Finishes

Heating

Forced Air

Flooring

Hardwood · Mixed

Fireplace

Wood Burning

Patio / Porch

Sundeck

Building & Community

Transit

CLOSE

Schools

CLOSE

Lot Features

Central Location, Near Golf Course

Water Source

Public

Sewer

Public Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

Yes

Coordinates: 49.235546, -123.110986 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market80% above market — check if justified
Days on market161 days — significantly stale, strong negotiation position
Price historyNo price reduction — seller firm on price
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$3,799,311

5% below asking price

Negotiation Range

$3,699,336$3,859,296

$159,960 spread

$3,699,336$3,999,000 ask

Based on 82 recent sales, a starting offer around $3,799,311 (5% below ask) is reasonable. Your negotiation range is $3,699,336 – $3,859,296.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Extended market time161 days listed — well above market avg of 175 days, increased negotiation leverage

Based on 82 residential sales in Vancouver (last 60 days) · Updated May 4

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