5514 Ash Street, Vancouver, V5Z 3G7 — photo 1

$9,860,000

5514 Ash Street, Vancouver, V5Z 3G7
Active
6 Bedrooms 6 Bathrooms 4,712 sqft Built 1996 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

This residential property could be lived in now or held for future DEVELOPMENT. Located on corner lot with lane access. The City of Vancouver's Cambie Corridor Plan allows for up to an 18 storey tower with site frontage requirements and other conditions. Projected 6.7 FSR. Excellent location, close to the new Oakridge Park Shopping Centre, Canada Line Skytrain, Queen Elizabeth Park, restaurants, retail, all levels of schools & every amenity anyone could ever need. This has the potential to be a lucrative site.

NoneFireplace

Property Details

MLS #

R2998234

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

RS-1

Bedrooms

6

Full Baths

5

Half Baths

1

Kitchens

1

Fireplaces

2

Living Area

4,712 sqft

Main Floor

1,605 sqft

Above Main

1,377 sqft

Basement

Yes

Lot Size

7,313.18 sqft

Lot Dimensions

59.08 x 133.94

Frontage

59.08

Year Built

1996

Age

29 years

Roof

Concrete

Construction

Frame Wood, Mixed (Exterior)

Structure

Residential Detached

Parking Stalls

5

Garage Spaces

3

Parking Type

Garage Triple

Original Price

$9,860,000

Taxes

$21,826/yr

Listed

2025-05-05

MLS Area

Cambie

City

Vancouver

Postal Code

V5Z 3G7

Features & Finishes

Heating

Natural Gas · Radiant

Flooring

Mixed

Fireplace

Gas

Patio / Porch

Patio · Deck

Building & Community

Transit

1/2 Block

Schools

1 Block

Lot Features

Central Location, Near Golf Course, Lane Access, Recreation Nearby, Wooded

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer

Utilities

Natural Gas Connected, Water Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

Yes

Coordinates: 49.235262, -123.117497 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market119% above market — check if justified
Days on market364 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

$9,318,344

5.5% below asking price

Negotiation Range

$9,071,844$9,466,244

$394,400 spread

$9,071,844$9,860,000 ask

Based on 82 recent sales, a starting offer around $9,318,344 (5.5% below ask) is reasonable. Your negotiation range is $9,071,844 – $9,466,244.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Extended market time364 days listed — well above market avg of 175 days, increased negotiation leverage
Above-average DOM364d vs market avg of 175d — property may have a pricing or condition issue

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

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