506 1571 W 57th Ave, Vancouver BC - Apartment/Condo for Sale - MLS# R3140817

$888,000
Est. Mortgage $3,928/mo
Shannon Wall Centre - Wilshire House
2 Beds
2 Baths
940 sqft
945 $ /sqft
744.63 $ Maint. fee
2019 built
43.01% cheaper than comparables
$888,000
Est. $3,928/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

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Property Details for 506 1571 W 57th Avenue

43.01% cheaper than comparables

Discover luxurious living in the prestigious Shannon Wall Centre – Wilshire House by Wall Financial. Set within a breathtaking 10-acre heritage estate, this 2-bedroom, 2-bathroom home features an open-concept layout, air conditioning, a gourmet kitchen with high-end appliances, and hardwood flooring throughout the living and dining areas. Enjoy premium amenities including a fitness centre and year-round heated outdoor pool. Ideally located just 10 minutes to Downtown and YVR, and within walking distance to Kerrisdale Village, parks, golf courses, and top schools including Dr. R.E. McKechnie Elementary and Magee Secondary.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Elevator, Storage
Heating Type Heat Pump
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Mixed, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $888,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 940
Year Built 2019
Age Of Building 7
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Recreation Facilities, Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Building Name Shannon Wall Centre - Wilshire House
Ownership Type Freehold Strata
Maintenance Fee $744.63
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Recreation Facilities, Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Front Access, Concrete, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Units In Development 68

Lot & Land

MLS® # R3140817
Area Vancouver West
Neighbourhood South Granville
City Vancouver
Postal Code V6P 0H7
Gross Taxes $3,769.98
Zoning CD-1

Property Timeline

Status Date Price
R3140817 / Active 06-29-2026 $888,000
R3116718 / Terminated 04-28-2026 $979,000
R2873275 / Terminated 04-22-2024 $1,149,900
Rooms
Floor Type Dimensions
Main Level Living Room 12'0 x 12'0 ft
Main Level Dining Room 7'6 x 7'6 ft
Main Level Kitchen 8'0 x 8'0 ft
Main Level Primary Bedroom 11'4 x 11'4 ft
Main Level Bedroom 9'9 x 9'9 ft
Main Level Walk-In Closet 5'10 x 5'10 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #4

Listed by: RE/MAX Masters 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.

Map & Neighbourhood

Public Schools

Secondary
Magee Secondary School
Above Average
1.22 km
7.6/10
Elementary
Maple Grove Elementary School
Above Average
1.25 km
7.7/10

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

Private Schools

Elementary
Vancouver Montessori School
Above Average
1.33 km
9.6/10
Elementary, Secondary
Vancouver College
Above Average
1.88 km
9.5/10

Closest Transit

Bus Stop
Southbound Granville St @ W 57 Ave
0.19 km
Skytrain
Skytrain @ Langara-49Th Stn
2.04 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
45.8%
No Certificate/Degree
Below Average
10.8%
Owner Occupied
Below Average
42.3%
Employment Rate
Above Average
68.8%

Noise/ Power Lines

Road/Hwy Noise
Possible
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

74 / 100
Overall sell-speed score
Likely within weeks
A+
Price competition grade
Avg comparable: $1,269,929
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.04 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How SOUTH GRANVILLE compares
This property
10 DOM
Listed
South Granville avg
Vancouver avg

506 1571 W 57th Avenue has a sell-speed score of 74/100, placing it in the "Expected to sell within weeks" band. The listing is priced 43% below comparable active properties in South Granville, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Climate Risk for V6P 0H7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6P 0H7, 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 A / Excellent

Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Vancouver International Airport #2, Richmond (~3.8 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 506 1571 W 57th Avenue

Pre-computed routes from 506 1571 W 57th Ave, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Langara-49th → Waterfront
    41 min
  • Metrotown, Burnaby via Langara-49th → Metrotown
    59 min
  • SFU Burnaby via Langara-49th → Production Way
    66 min
  • Richmond Centre via Langara-49th → Brighouse
    38 min
  • YVR Airport via Langara-49th → YVR-Airport
    39 min

By car (off-peak)

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

Calculate your commute

506 1571 W 57th Ave, Vancouver, BC is ideally located for commuters. The property is 2.0 km from Langara-49th, with a 41 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Granville St @ W 57 Ave (0.19 km). Walk Score Transit rating: Good Transit (54/100).

Walkability & Transit Near 506 1571 W 57th Avenue

Walk Score Badge
Car-Dependent 78

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 54

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
82

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 506 1571 W 57th Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 030-640-415).
Total Assessed Value (2026)
$1,112,000
-8.0% YoY
-2.3%/yr over 4 yr
2022 Value Trend 2026
Land
$759,000
Buildings
$353,000
Year Built
2018
Class
Comprehensive Development
Zoning
CD-1 (521)
Property Tax
$3,741
Year Land Improvements Total Assessed YOY Change
2026 $759,000 $353,000 $1,112,000
-8.0%
2025 $825,000 $384,000 $1,209,000
-1.1%
2024 $835,000 $388,000 $1,223,000
-2.9%
2023 $860,000 $400,000 $1,260,000
+3.3%
2022 $830,000 $390,000 $1,220,000

Mortgage Calculator for 506 1571 W 57th Avenue

/month
Principal & Interest
Property Taxes $314
Maintenance fee 744.63
Based on a 30-year fixed at 4% interest with 20% down ($177,600), the estimated monthly payment for this listing is $4,451/month — $3,392 principal & interest, $314 property tax, $745 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
At an estimated rental income of $3,036/month, this property runs a $1,470/month shortfall after mortgage and carrying costs. Break-even requires approximately 55% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — South Granville, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $888,000
Vancouver Loading...
South Granville Loading...

Based on 12 comparable active apartments/condos in South Granville, the average asking price is $1,138,750. This listing is priced 22% below the neighbourhood average. This property is flagged as a Hot Deal (43.01% cheaper than comparables) 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

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 506 1571 W 57th Avenue

Walk Score Badge
Car-Dependent 78

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 54

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
82

Bike Score - Very Bikeable

Biking is convenient for most trips

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