$3,680,000
About This Property
Cash Machine!!! Great Investment Property near Queen Elizabeth park & Oakridge Mall & Skytrain. House has 3 levels of 3500 sq.ft, including 2 separate rental suites with 8 bedrooms & 6 bathrooms. This was a custom built solid home sitting on a 48 x 115 Lot 5520sf. Combining lots are able to build up to 6 storey apartment (2.5 FSR). Buy Rent & Hold or Live in 1 floor & rent out the rest while waiting for redevelopment. Family room/Wet Bar off Kitchen with Sliders onto large entertaining back cedar deck. Prestige location close to downtown, buses/Eric Hamber schools + New Oakridge Mall. Developers and investors alert: Land assembly with 5578 Elizabeth and 5592 Elizabeth Ave also on MLS.
Property Details
MLS #
R3031589
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Zoning
RS-1
Bedrooms
8
Full Baths
6
Half Baths
0
Kitchens
2
Fireplaces
2
Living Area
3,503 sqft
Main Floor
1,697 sqft
Above Main
1,417 sqft
Basement
Yes
Lot Size
5,520 sqft
Lot Dimensions
48 x 115
Frontage
48
Year Built
1980
Age
46 years
Roof
Asphalt
Construction
Frame Wood, Brick (Exterior), Mixed (Exterior), Stucco
Structure
Residential Detached
Parking Stalls
2
Garage Spaces
2
Parking Type
Garage Double, Rear Access
Original Price
$3,680,000
Taxes
$12,002/yr
Listed
2025-07-28
MLS Area
Cambie
City
Vancouver
Postal Code
V5Y 3J9
Features & Finishes
Heating
Forced Air · Natural Gas
Fireplace
Gas
Patio / Porch
Patio · Deck
Exterior Features
Balcony
Building & Community
Lot Features
Central Location, Lane Access, Recreation Nearby
Water Source
Public
Sewer
Public Sewer, Sanitary Sewer
Utilities
Community, Electricity Connected, Natural Gas Connected, Water Connected
Community
Shopping Nearby
Disclosures
Property Disclosure
Yes
Location
Open in Google MapsCoordinates: 49.235015, -123.111638 · Map data © Google
Fair Market
Deal Score out of 10
Priced at or near market value in current conditions.
Offer Advisor
High confidenceSuggested Offer
$3,477,840
5.5% below asking price
Negotiation Range
$3,385,840 – $3,533,040
$147,200 spread
Based on 82 recent sales, a starting offer around $3,477,840 (5.5% below ask) is reasonable. Your negotiation range is $3,385,840 – $3,533,040.
What's factored in
Based on 82 residential sales in Vancouver (last 60 days) · Updated May 4
More Homes in Cambie
$1,589,000
Days listed
144d
Cambie
Listed by Oakwyn Realty Ltd.
$2,145,000
$2,350,000
Days listed
256d
Cambie
Listed by RE/MAX Select Properties
$2,695,000
$2,895,000
Days listed
256d
Cambie
Listed by RE/MAX Select Properties
$2,245,000
$2,450,000
Days listed
235d
Cambie
Listed by RE/MAX Select Properties