5121 Inverness St, Vancouver BC - Single Family Residence for Sale - MLS# R3132982

$1,468,000
Est. Mortgage $6,494/mo
4 Beds
2 Baths
2090 sqft
702 $ /sqft
1951 built
$1,468,000
Est. $6,494/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 5121 Inverness Street

Outstanding investment and development opportunity on a prime CORNER lot in central Vancouver. Ideal for a duplex, full renovation, or a custom build with mountain and city views. The home offers 2 bedrooms on the main level with potential for a 3rd bedroom, plus a 2-bedroom mortgage helper with separate entry. A detached workshop (19'5 x 11'2) with electricity provides excellent storage or can be converted into a single-car garage. Home requires cosmetic updates. Located on a quiet, parking-friendly street with a wide back lane. Just a 5-minute walk to Kensington Park & Community Centre, and transit. Quick access to Knight Street, Hwy 99, Downtown and Richmond. Schools, shops, and daily amenities are all within walking distance.

Interior Features

Basement Finished Area (sqft) 1000
Basement Features Finished
Appliances Included Washer, Refrigerator, Stove
Fireplace 1
Heating Type Baseboard
# of Kitchens 2
Flooring Laminate, Vinyl, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Private Yard
View Description Mountain
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,468,000
Total Bedrooms 4
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2090
Year Built 1951
Age Of Building 75
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Additional Parking, Open
Total Parking Spaces 0
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 3900
Lot Size Depth Feet
Lot Size Frontage 39
MLS® # R3132982
Area Vancouver East
Neighbourhood Knight
City Vancouver
Postal Code V5W 3N9
Gross Taxes $7,869.96
Zoning R1-1

Property Timeline

Status Date Price
R3132982 / Active 06-08-2026 $1,468,000
Rooms
Floor Type Dimensions
Above Level Living Room 15'1 x 15'1 ft
Above Level Dining Room 15'4 x 15'4 ft
Above Level Kitchen 12'1 x 12'1 ft
Above Level Eating Area 12'1 x 12'1 ft
Above Level Primary Bedroom 14'11 x 14'11 ft
Above Level Bedroom 10'2 x 10'2 ft
Below Living Room 14'11 x 14'11 ft
Below Kitchen 9'4 x 9'4 ft
Below Bedroom 15'6 x 15'6 ft
Below Bedroom 10'7 x 10'7 ft
Below Laundry 16'7 x 16'7 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Below No #4

Listed by: Royal LePage - Wolstencroft

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
John Oliver Secondary School
Average
1.12 km
5.5/10
Elementary
Sir Alexander Mackenzie Elementary School
Average
0.54 km
6.3/10

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

Private Schools

Elementary
St Andrew's
Above Average
1.64 km
7.9/10
Elementary,Secondary
Stratford Hall
Above Average
2.26 km
8.9/10

Closest Transit

Bus Stop
Westbound E 33 Ave @ Inverness St
0.25 km
Skytrain
Skytrain @ Nanaimo Stn
2.10 km

Crime Rate

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

Demographics

Post-Secondary Education
Average
28.3%
No Certificate/Degree
Above Average
18.1%
Owner Occupied
Below Average
53%
Employment Rate
Above Average
72.2%

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

50 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $1,468,000
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.10 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 KNIGHT compares
This property
31 DOM
Listed
Knight avg
Vancouver avg

5121 Inverness Street has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced in line with comparable active properties in Knight. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5W 3N9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5W 3N9, 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 (~2.5 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 5121 Inverness Street

Pre-computed routes from 5121 Inverness St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Nanaimo → Waterfront
    40 min
  • Metrotown, Burnaby via Nanaimo → Metrotown
    34 min
  • SFU Burnaby via Nanaimo → Production Way
    47 min
  • Richmond Centre via Nanaimo → Brighouse
    65 min
  • YVR Airport via Nanaimo → YVR-Airport
    66 min

By car (off-peak)

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

Calculate your commute

5121 Inverness St, Vancouver, BC is ideally located for commuters. The property is 2.1 km from Nanaimo, with a 40 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound E 33 Ave @ Inverness St (0.25 km).

Walkability & Transit Near 5121 Inverness Street

Walk Score Badge
Car-Dependent 4

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
0

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 5121 Inverness Street

2026 assessed value, sourced from City of Vancouver open data (PID 007-761-465).
Total Assessed Value (2026)
$1,680,800
-3.5% YoY
+1.6%/yr over 4 yr
2022 Value Trend 2026
Land
$1,646,000
Buildings
$34,800
Year Built
1951
Class
Residential Inclusive
Zoning
R1-1
Property Tax
$8,161
Year Land Improvements Total Assessed YOY Change
2026 $1,646,000 $34,800 $1,680,800
-3.5%
2025 $1,702,000 $40,300 $1,742,300
-1.1%
2024 $1,719,000 $42,400 $1,761,400
+5.6%
2023 $1,626,000 $42,100 $1,668,100
+5.8%
2022 $1,535,000 $42,300 $1,577,300

Mortgage Calculator for 5121 Inverness Street

/month
Principal & Interest
Property Taxes $656
Maintenance fee 0
A 20% down payment of $293,600 on this $1,468,000 listing yields an estimated mortgage of $5,607/month (30-year fixed, 4%). Total estimated housing cost: $6,263/month, $656 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
With $5,324/month in estimated rental income against $6,450/month in mortgage payments, the monthly cashflow is -$1,126/month. A 37% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Knight, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,468,000
Vancouver Loading...
Knight Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $1,558,333 across 3 active listings — this listing is 5.8% 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 5121 Inverness Street

Walk Score Badge
Car-Dependent 4

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
0

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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