9.8% price reduction

205 1515 E 5th Ave, Vancouver, BC

$450,000
Est. Mortgage /mo

MLS® R3054469 · Woodland Place

1 Beds
1 Baths
618 sqft
728 $ /sqft
412.28 $ Maint. fee
1975 Built
$450,000
$499,000
Est. /mo with 20% down
$728/sqft · Tax $1,563/2025
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

Property Details & Specs

9.8% price reduction

Live just steps from the heart of Commercial Drive — one of Vancouver’s most vibrant and eclectic neighbourhoods! Enjoy a thriving community filled with cafés, markets, live music, breweries, and parks, all just minutes from your door. This beautifully updated 1-bedroom features a modern kitchen with granite countertops and stainless steel appliances, a refreshed bathroom with new tub, tile, and fixtures, German flooring, and fresh paint throughout. The spacious bedroom easily fits a king-sized bed and includes a walk-in closet. Well-run, proactive strata. 1 parking + 1 storage locker. Pets welcome. Walk to everything — including the SkyTrain!

General Info

Price $450,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 618
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 1975
Age Of Building 51
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Refrigerator, Stove, Microwave
Building Amenities Trash, Maintenance Grounds, Heat, Hot Water, Management, Snow Removal
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3054469
Building Name Woodland Place
Area Vancouver East
Neighbourhood Grandview Woodland
City Vancouver
Postal Code V1W 3A5
Price per Sqft $728
Gross Taxes $1,563.19
Ownership Type Freehold Strata
Maintenance Fee $412.28
Community Features Shopping Nearby
Amenities Nearby Trash, Maintenance Grounds, Heat, Hot Water, Management, Snow Removal

Heating & Cooling

Fireplace -
Heating Type Baseboard, Hot Water

Utilities

Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Lane Access, Concrete
Total Parking Spaces 1
Listed by: Gulfport Realty

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.

Neighborhood & Transit Info

Public Schools

Elementary
Grandview Elementary School
0.07 km
Secondary
Vancouver Technical Secondary School
6.66 km

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

Private Schools

Elementary, Secondary
Stratford Hall School
1.01 km
Elementary, Secondary
Stratford Hall School
1.01 km

Closest Transit

Bus Stop
Southbound Commercial Dr @ E 4th Ave
0.24 km
Skytrain
Skytrain @ Commercial-Broadway Stn
0.53 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
39.1%
No Certificate/Degree
Average
13.3%
Owner Occupied
Average
66.8%
Employment Rate
Below Average
46%

Noise/ Power Lines

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

Other

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $130
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $2,261/month in total housing costs on this $450,000 property — $1,719 mortgage payment, $130 property tax, $412 maintenance fee.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Based on $1,800/month estimated rent and $2,313/month in total housing costs, this property has a -$513/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.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $450,000
Vancouver Loading...
Grandview Woodland Loading...
Among 18 similar active listings in Grandview Woodland, the average price is $535,963. At $450,000, this listing is priced 16% below the local average and 19.6% below the city-wide benchmark. This property is flagged as a Hot Deal (9.8% price reduction) based on its competitive pricing and market demand.
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

Property FAQs

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What is the estimated monthly mortgage and strata fee for 205 1515 E 5th Avenue, Vancouver, BC?

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

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