For Sale · Vancouver · Single Family

$499,000

111 588 E 5 STREET, Vancouver

Beds

Baths

668

Sq Ft

1974

Built

About This Home

The details.

Bring your renovation ideas and make this home your own! With great bones, a functional layout, and an unbeatable Mount Pleasant location, this is an excellent opportunity to personalize and add value. This spacious 1-bedroom home features hardwood floors, generous closet space, insuite storage plus a storage locker, and a private balcony. Includes 1 parking stall, low strata fees with heat and hot water, plus the option to add insuite laundry with strata approval. Building updates include new windows, sliding doors, and screens. Steps to trendy cafés, restaurants, breweries, Vancouver Tech Park, Emily Carr University, VCC, China Creek Park, and the future Mount Pleasant & Great Northern Way SkyTrain Stations. (id:66635)

Summarizing the highlights...

MLS® R3123579Listing courtesy of Oakwyn Realty Ltd.See all units in this building View on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Strata
Year built: 1974
Size: 668 sqft
Parking: 1 space
Strata fee: $337 / monthly
MLS number: R3123579
Data source: Greater Vancouver REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$2,334

$399,200 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$2,334

Cash flow

-$2,334

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Vancouver right now

1,696

Active listings

1,819

New this week

$859,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Vancouver.

Household and demographic stats for Vancouver, from the Statistics Canada 2021 Census.

662,248
Population (2021): 39.6
Median age: 305,335
Households: 2.1
Avg household size: 45.5%
Home ownership: $82,000
Median household income

Vancouver neighbourhood guide Full census profile Vancouver market trends

Source: Statistics Canada 2021 Census, Vancouver, City (CY).

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

St Francis Xavier
independent · elementary
220 m
Mount Pleasant Elementary
public · elementary
310 m
Florence Nightingale Elementary
public · elementary
670 m
Columbia College
independent · secondary
700 m
Queen Alexandra Elementary
public · elementary
1.2 km
Grandview Elementary
public · elementary
1.3 km

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

Public Records

What the city has on file.

Independent reference data for this property from the City of Vancouver assessment roll (2026 assessment).

1973
Year built (city records): $507,000
Assessed land value: $36,700
Assessed improvements: $543,700
Total assessed value: R5-3
Zoning district: $1,829
Property taxes (2026): Strata
Ownership class

Assessed values are the municipal tax assessment, not a market appraisal. Contains information licensed under the Open Government Licence, City of Vancouver.

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Rental Market

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.