111 588 E 5 St, Vancouver BC - Apartment/Condo for Sale - MLS# R3123579

$499,000
Est. Mortgage $2,208/mo
Mcgregor House
1 Beds
1 Baths
668 sqft
747 $ /sqft
337.42 $ Maint. fee
1974 built
$499,000
Est. $2,208/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 111 588 E 5 Street

Under $499K in the heart of Mount Pleasant, one of Vancouver’s most eclectic & vibrant neighbourhoods. Surrounded by trendy cafes, restaurants, bakeries, boutiques & microbreweries. Just a short stroll to the Vancouver Tech Park, Emily Carr University, Electronic Arts, VCC, future Mount Pleasant & Great Northern Way SkyTrain Stations & China Creek Park. This spacious 1 bed home offers an excellent layout with hardwood floors throughout, generous closet space & both insuite storage & an additional storage locker. Enjoy the private balcony off the living room. 1 parking stall & low strata fees including heat & hot water. Option to add insuite laundry with strata approval. Building updates: new windows, sliding doors & screens. MUST SEE!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Dishwasher, Refrigerator, Stove
Interior Features Storage
Heating Type Baseboard, Hot Water, Natural Gas
Laundry Common Area
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $499,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 668
Year Built 1974
Age Of Building 52
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Trash, Maintenance Grounds, Heat, Hot Water, Management, Snow Removal
Building Name Mcgregor House
Ownership Type Freehold Strata
Maintenance Fee $337.42
Community Features Shopping Nearby
Amenities Nearby Trash, Maintenance Grounds, Heat, Hot Water, Management, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Units In Development 54

Lot & Land

MLS® # R3123579
Area Vancouver East
Neighbourhood Mount Pleasant VE
City Vancouver
Postal Code V5T 4H6
Gross Taxes $1,733.44
Zoning R5-3

Property Timeline

Status Date Price
R3123579 / Active 05-13-2026 $499,000
Rooms
Floor Type Dimensions
Main Level Living Room 11'1 x 11'1 ft
Main Level Primary Bedroom 11'3 x 11'3 ft
Main Level Dining Room 7'10 x 7'10 ft
Main Level Foyer 3'9 x 3'9 ft
Main Level Kitchen 6'2 x 6'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Oakwyn Realty Ltd.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Elementary
Mount Pleasant Elementary School
0.29 km
Secondary
Vancouver Technical Secondary School
5.3 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St. Francis Xavier
0.25 km
Secondary
Columbia College
0.68 km

Closest Transit

Bus Stop
Eastbound Great Northern Way @ Carolina St
0.09 km
Skytrain
Skytrain @ Vcc-Clark Stn
0.82 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average
46.6%
No Certificate/Degree
Below Average
7.3%
Owner Occupied
Above Average
74.3%
Employment Rate
Below Average
32%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

38 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $399,899
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.82 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How MOUNT PLEASANT VE compares
This property
57 DOM
Listed
Mount Pleasant VE avg
Vancouver avg

111 588 E 5 Street has a sell-speed score of 38/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 19.9% above comparable active properties in Mount Pleasant VE. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V5T 4H6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5T 4H6, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~1.2 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 111 588 E 5 Street

Pre-computed routes from 111 588 E 5 St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via VCC-Clark → Waterfront
    28 min
  • Metrotown, Burnaby via VCC-Clark → Metrotown
    28 min
  • SFU Burnaby via VCC-Clark → Production Way
    29 min
  • Richmond Centre via VCC-Clark → Brighouse
    53 min
  • YVR Airport via VCC-Clark → YVR-Airport
    54 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    3 min
  • Metrotown, Burnaby via Lougheed Hwy
    9 min
  • SFU Burnaby via Gaglardi Way
    15 min
  • Richmond Centre via No. 3 Rd
    14 min
  • YVR Airport via Bridgeport / Sea Island
    12 min

Calculate your commute

111 588 E 5 St, Vancouver, BC is ideally located for commuters. The property is 0.8 km from VCC-Clark, with a 28 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Great Northern Way @ Carolina St (0.09 km). Walk Score Transit rating: Excellent Transit (84/100).

Walkability & Transit Near 111 588 E 5 Street

Walk Score Badge
Car-Dependent 96

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 84

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
79

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 111 588 E 5 Street

2026 assessed value, sourced from City of Vancouver open data (PID 003-550-966).
Total Assessed Value (2026)
$550,600
-1.0% YoY
+2.6%/yr over 4 yr
2022 Value Trend 2026
Land
$514,000
Buildings
$36,600
Year Built
1973
Class
Residential
Zoning
R5-3
Property Tax
$1,852
Year Land Improvements Total Assessed YOY Change
2026 $514,000 $36,600 $550,600
-1.0%
2025 $519,000 $36,900 $555,900
+0.6%
2024 $516,000 $36,700 $552,700
+2.6%
2023 $503,000 $35,800 $538,800
+8.3%
2022 $456,000 $41,600 $497,600

Mortgage Calculator for 111 588 E 5 Street

/month
Principal & Interest
Property Taxes $144
Maintenance fee 337.42
With a 20% down payment, buyers can expect an estimated $2,387/month in total housing costs on this $499,000 property — $1,906 mortgage payment, $144 property tax, $337 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $1,896/month estimated rent and $2,445/month in total housing costs, this property has a -$549/month cashflow. Break-even down payment: approximately 44%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Mount Pleasant VE, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $499,000
Vancouver Loading...
Mount Pleasant VE Loading...

Based on 42 comparable active apartments/condos in Mount Pleasant VE, the average asking price is $529,560. This listing is priced 5.8% below the neighbourhood average.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $3,894
0 of 38 missions

Sign up on Estateblock.com

$195 / 5.00%

Sign up on EstateBlock.com

$78 / 2.00%

Buy with us & save on this property

Walkability & Transit Near 111 588 E 5 Street

Walk Score Badge
Car-Dependent 96

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 84

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
79

Bike Score - Very Bikeable

Biking is convenient for most trips

Similar Condos for Sale in Mount Pleasant VE

Recently Sold Homes Near 111 588 E 5 Street