1507 E 55th Ave, Vancouver BC - Single Family Residence for Sale - MLS# R3123081

$2,845,000
Est. Mortgage $12,586/mo
5 Beds
6 Baths
3401 sqft
837 $ /sqft
2010 built
$2,845,000
Est. $12,586/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 1507 E 55th Avenue

This beautiful custom-built home in Fraserview is now on the market for the first time! Situated on a corner lot on the high side of the street, this south-facing property offers plenty of natural light across its three levels. The main floor features a gourmet kitchen with s/s appliances, a bright den, spacious living room, and an open concept family room. All three generous sized bedrooms upstairs come with their own ensuites. The basement features a legal suite with two bedrooms and two full bathrooms. Bonus - the property also offers a one bedroom, 1.5 bathroom laneway house, single car garage, and an additional gated parking pad. Located in the Sir Sandford Fleming Elementary and David Thompson Secondary school catchment, this home is perfect for families. Call to book your showing!

Interior Features

Basement Finished Area (sqft) 1144
Basement Features Finished, Exterior Entry
Appliances Included Washer/Dryer, Dishwasher, Disposal, Refrigerator, Stove, Microwave
Interior Features Central Vacuum
Fireplace 2
Heating Type Electric, Natural Gas, Radiant
Cooling Air Conditioning
# of Kitchens 2
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $2,845,000
Total Bedrooms 5
Total Bathrooms 6
Full Bathrooms 5
Half Bathrooms 1
Floor Area Total (sqft) 3401
Year Built 2010
Age Of Building 16
Building Type Single Family Residence
Property Type Residential
Architecture Style Laneway House
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Detached, Open, Lane Access, Garage Door Opener
Total Parking Spaces 2
Rental Suites Legal Suite

Lot & Land

Lot Size 4750
Lot Size Depth Feet
Lot Size Frontage 45
MLS® # R3123081
Area Vancouver East
Neighbourhood Fraserview VE
City Vancouver
Postal Code V5P 1Z2
Gross Taxes $9,158.52
Zoning R1-1

Property Timeline

Status Date Price
R3123081 / Active 05-12-2026 $2,845,000
R3037508 / Terminated 08-15-2025 $2,932,000
R2958441 / Terminated 01-21-2025 $2,999,000
R2937089 / Terminated 10-18-2024 $3,299,900
Rooms
Floor Type Dimensions
Main Level Kitchen 16'2 x 16'2 ft
Main Level Family Room 14'9 x 14'9 ft
Main Level Dining Room 15'11 x 15'11 ft
Main Level Living Room 14'6 x 14'6 ft
Main Level Office 12'1 x 12'1 ft
Above Level Primary Bedroom 13'3 x 13'3 ft
Above Level Bedroom 16'4 x 16'4 ft
Above Level Bedroom 11'10 x 11'10 ft
Basement Level Kitchen 8'7 x 8'7 ft
Basement Level Living Room 12'8 x 12'8 ft
Basement Level Bedroom 10'3 x 10'3 ft
Basement Level Bedroom 13'11 x 13'11 ft
Basement Level Laundry 8'9 x 8'9 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #3
Above Level Yes #5
Basement Yes #3
Above Level Yes #3

Listed by: Team 3000 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
Sir Sandford Fleming Elementary School
Average
0.76 km
5.2/10
Secondary
David Thompson Secondary School
0.33 km

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

Private Schools

Elementary
Qawsain Knowledge House
0.64 km
Secondary
Vancouver Formosa Academy
2.58 km

Closest Transit

Bus Stop
Northbound Knight St @ E 57 Ave
0.22 km
Skytrain
Skytrain @ Langara-49Th Stn
3.12 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
19.6%
No Certificate/Degree
Above Average
28.4%
Owner Occupied
Below Average
40.6%
Employment Rate
Above Average
76.2%

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

No data
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 3.12 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How FRASERVIEW VE compares
This property
58 DOM
Listed
Fraserview VE avg
Vancouver avg

1507 E 55th Avenue has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5P 1Z2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5P 1Z2, 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 (~4.5 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 1507 E 55th Avenue

Pre-computed routes from 1507 E 55th Ave, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Langara-49th → Waterfront
    54 min
  • Metrotown, Burnaby via Langara-49th → Metrotown
    72 min
  • SFU Burnaby via Langara-49th → Production Way
    79 min
  • Richmond Centre via Langara-49th → Brighouse
    51 min
  • YVR Airport via Langara-49th → YVR-Airport
    52 min

By car (off-peak)

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

Calculate your commute

1507 E 55th Ave, Vancouver, BC is ideally located for commuters. The property is 3.1 km from Langara-49th, with a 54 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Knight St @ E 57 Ave (0.22 km). Walk Score Transit rating: Good Transit (61/100).

Walkability & Transit Near 1507 E 55th Avenue

Walk Score Badge
Car-Dependent 84

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 61

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
68

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 1507 E 55th Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 002-429-926).
Total Assessed Value (2026)
$2,823,000
-3.7% YoY
+2.0%/yr over 4 yr
2022 Value Trend 2026
Land
$1,792,000
Buildings
$1,031,000
Year Built
2010
Class
Residential Inclusive
Zoning
R1-1
Property Tax
$9,979
Year Land Improvements Total Assessed YOY Change
2026 $1,792,000 $1,031,000 $2,823,000
-3.7%
2025 $1,904,000 $1,028,000 $2,932,000
-0.2%
2024 $1,924,000 $1,014,000 $2,938,000
+5.8%
2023 $1,797,000 $981,000 $2,778,000
+6.3%
2022 $1,655,000 $958,000 $2,613,000

Mortgage Calculator for 1507 E 55th Avenue

/month
Principal & Interest
Property Taxes $763
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($569,000), the estimated monthly payment for this listing is $11,629/month — $10,866 principal & interest, $763 property tax.
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
At an estimated rental income of $7,626/month, this property runs a $4,240/month shortfall after mortgage and carrying costs. Break-even requires approximately 52% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Fraserview VE, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $2,845,000
Vancouver Loading...
Fraserview VE Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $3,415,000 across 7 active listings — this listing is 16.7% below the Vancouver 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

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Walkability & Transit Near 1507 E 55th Avenue

Walk Score Badge
Car-Dependent 84

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 61

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
68

Bike Score - Bikeable

Some bike infrastructure

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