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$1,499,000

5319 SOMERVILLE STREET

Vancouver · MLS® R3123030

6 bed · 2 bath · 2,166 sq ft · 3,300 sq ft lot · 3 parking

House · Single Family · built 1917 · 149 days on market

Listed by Frederick Moy, Sutton Centre Realty

Realtor's description

Located The in a quiet and nice neighborhood. Owner resided here for over 30 years. house is solid with a spacious and functional floor plan. Total 6 bedrooms, 2 bathrooms,1 living room and 1 recreation room plus two more flex rooms. The floor below can convert a kitchen and a bathroom if needed.Also,this attractive and comfortable home combines a modern aesthetic with warmth and livability. Great opportunity for buyer who wants to rebuild and customize their home in this good location. OR,good for investors to keep it with good rental income now and rebuild it later into a duplex or triplex. 3 Minutes walk to school and about 5 minutes walk to bus stop at Fraser-#8 or one minute walk to 33rd Ave with bus route #33.Bus #33 will also stop at the 29th Ave Skytrain Station. A MUST SEE.

Property details

Type: House, Single Family
Bedrooms: 6
Bathrooms: 2
Living area: 2,166 sq ft
Lot: 3,300 sq ft
Parking: 3
Year built: 1917
Property tax: $7,460 / yr
Days on market: 149
MLS®: R3123030

Features

Central location
All

Price check

Below typical for the area (-31%)

2026 assessment: $1,549,600 · asking is -3.3%
Price per sq ft: $692 vs $1,008 median for houses in Vancouver for sale (1704)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 149 days · no price changes so far

The market here

Listed now: 56 days; median for 1817 houses for sale; this one 149 days

Houses in Vancouver. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$1,549,600	$5,211

The listing shows $7,460 a year in property tax.

Estimate: the BC Assessment value times Vancouver's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$7,153/mo

Mortgage $6,531 · Tax $622

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$6,531/ monthly

loan $1,199,200

25-year amortization

down payment20% · $299,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $760,100
property transfer tax: $27,980; BC general rate
cash to close: $327,780; down + PTT
total paid: $1,959,300

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 304 m² (3,272 sq ft) · PID 011-922-893. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

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Location

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Schools

Catchment schools, Vancouver School Board

Elementary Mackenzie Elementaryhomes in this catchment
200 m away · 960 39th Ave E, Vancouver · 604-713-4799
Secondary John Oliver Secondaryhomes in this catchment
700 m away · 530 41st Ave E, Vancouver · 604-713-8938

From the Vancouver School Board's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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