Positioned along the prestigious Cambie Corridor, 568 W. King Edward Avenue offers a prime redevelopment and investment opportunity. The site is exceptionally located within 200m of the King Edward Station, providing immediate access to the Canada Line and rapid transit. Within one of Vancouver’s most sought-after growth areas located just off Cambie Street—one of the city’s most active densification corridors—the property benefits from ongoing rezoning initiatives and transit-oriented development that continue to drive strong land values and investor demand. The Cambie Corridor remains a key focus of city planning, supporting a range of development potential from multiplex housing to high-rise towers, reinforcing long-term growth and value.
| Basement Finished Area (sqft) | 1170 |
|---|---|
| Basement Features | None |
| Heating Type | Other |
| # of Kitchens | 0 |
| Foundation | Concrete Perimeter |
| Exterior Features | No Outdoor Area |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $5,500,000 |
|---|---|
| Total Bedrooms | 0 |
| Total Bathrooms | 0 |
| Full Bathrooms | 0 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2470 |
| Year Built | 1945 |
| Age Of Building | 81 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 1 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Garage Double |
| Lot Size | 9000 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 0 |
| MLS® # | R3118170 |
| Area | Vancouver West |
| Neighbourhood | Cambie |
| City | Vancouver |
| Postal Code | V5Z 2C3 |
| Gross Taxes | $17,920.7 |
| Zoning | R1-1 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Other | 0' x 0' ft |
Listed by: eXp Realty & eXp Realty & 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
568 W King Edward Avenue has a sell-speed score of 38/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 46.4% above comparable active properties in Cambie. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5Z 2C3, 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 (~3.2 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
568 W King Edward Ave, Vancouver, BC is ideally located for commuters. The property is 0.2 km from King Edward, with a 14 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is King Edward Station @ Bay 1 (0.13 km). Walk Score Transit rating: Excellent Transit (73/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $3,483,000 | $10,000 | $3,493,000 |
-15.6%
|
| 2025 | $4,131,000 | $10,000 | $4,141,000 |
-23.3%
|
| 2024 | $5,386,000 | $10,000 | $5,396,000 |
+0.0%
|
| 2023 | $5,386,000 | $10,000 | $5,396,000 |
+0.0%
|
| 2022 | $5,386,000 | $10,000 | $5,396,000 | — |
Based on 2 comparable active Single Family Residences in Cambie, the average asking price is $5,233,333. This listing is priced 5.1% above the neighbourhood average. This property is flagged as a Hot Deal (Land Value only) based on its competitive pricing and market demand.
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