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Situated right in the sweet spot between Main Street and Fraser Street, this is the opportunity you have been waiting for! Welcome to 557 E 21st Ave, a massive property nestled on a quite, tree-lined street just steps from the best amenities Vancouver has to offer. With an extra wide 49.5’ x 122’ lot, this isn’t just a house; it’s a rare piece of land with endless possibilities. Over 2,600sqft with 8 spacious bedrooms and a seperate basement entry is perfect for a mortgage helper or in-law suite. Amazing location with top school catchments nearby, famous cafes, boutiques and prominent restaurants. Whether you are looking to build a dream home, develop a multiplex, or hold a high-value asset, this home checks every single box!
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Heating Type | Electric |
| Laundry | In Unit |
| # of Kitchens | 2 |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony |
|---|---|
| Roof | Other |
| Structures | Residential Detached |
| Price | $2,299,000 |
|---|---|
| Total Bedrooms | 8 |
| Total Bathrooms | 3 |
| Full Bathrooms | 3 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2630 |
| Year Built | 1948 |
| Age Of Building | 78 |
| 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 | Sanitary Sewer |
| Water (WaterSource) | Public |
| Parking Type | Carport Single, Open |
| Total Parking Spaces | 2 |
| Lot Size | 6039 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 49.5 |
| MLS® # | R3134963 |
| Area | Vancouver East |
| Neighbourhood | Fraser VE |
| City | Vancouver |
| Postal Code | V5V 1R5 |
| Gross Taxes | $9,799.65 |
| Zoning | R1-1 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 10'4 x 10'4 ft |
| Main Level | Kitchen | 8'11 x 8'11 ft |
| Main Level | Dining Room | 8'3 x 8'3 ft |
| Main Level | Bedroom | 9'10 x 9'10 ft |
| Main Level | Bedroom | 10'7 x 10'7 ft |
| Main Level | Primary Bedroom | 13'0 x 13'0 ft |
| Main Level | Walk-In Closet | 4'6 x 4'6 ft |
| Main Level | Walk-In Closet | 6'4 x 6'4 ft |
| Below | Kitchen | 5'2 x 5'2 ft |
| Below | Living Room | 16'5 x 16'5 ft |
| Below | Bedroom | 16'5 x 16'5 ft |
| Below | Bedroom | 10'1 x 10'1 ft |
| Below | Walk-In Closet | 3'0 x 3'0 ft |
| Below | Bedroom | 10'9 x 10'9 ft |
| Below | Bedroom | 8'4 x 8'4 ft |
| Below | Bedroom | 10'8 x 10'8 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Main Level | Yes | #3 |
| Below | No | #4 |
Listed by: Oakwyn Realty Ltd. & 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
557 E 21st 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.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5V 1R5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~1.4 km). Annual avg AQHI 2.2 — Low Risk.
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.
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.
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.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
557 E 21st Ave, Vancouver, BC is ideally located for commuters. The property is 1.7 km from King Edward, with a 32 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Fraser St @ E 21 Ave (0.19 km). Walk Score Transit rating: Good Transit (62/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $2,234,000 | $71,900 | $2,305,900 |
-1.0%
|
| 2025 | $2,255,000 | $73,100 | $2,328,100 |
-5.8%
|
| 2024 | $2,397,000 | $74,100 | $2,471,100 |
+3.4%
|
| 2023 | $2,313,000 | $77,000 | $2,390,000 |
+3.7%
|
| 2022 | $2,221,000 | $82,900 | $2,303,900 | — |
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