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$1,488,000

5350 CECIL STREET

Vancouver · MLS® R3141946

4 bed · 2 bath · 1,615 sq ft · 3,465 sq ft lot · 3 parking

House · Single Family · built 1912 · 99 days on market

Listed by Patrick Ly, Sutton Centre Realty

Realtor's description

Prime redevelopment opportunity! Just steps from the SkyTrain. This well-maintained 4-bedroom, 2-bathroom home offers over 1,800 sq. ft. of living space. Positioned for increased density under Vancouver's TOA zoning framework, the property offers outstanding future redevelopment potential. With neighboring properties also presenting land assembly opportunities, this is an exceptional opportunity for developers, builders, and long-term investors. Enjoy a highly convenient location within walking distance to the SkyTrain, shopping, parks, schools. Don´t miss out on this.

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 2
Living area: 1,615 sq ft
Lot: 3,465 sq ft
Parking: 3
Year built: 1912
Property tax: $8,219 / yr
Days on market: 99
MLS®: R3141946

Features

Price check

Below typical for the area (-8.9%)

2026 assessment: $1,506,400 · asking is -1.2%
Price per sq ft: $921 vs $1,012 median for houses in Vancouver for sale (1713)

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 99 days · no price changes so far

The market here

Listed now: 56 days; median for 1823 houses for sale; this one 99 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,506,400	$5,066

The listing shows $8,219 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

$7,168/mo

Mortgage $6,483 · Tax $685

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

estimated payment

$6,483/ monthly

loan $1,190,400

25-year amortization

down payment20% · $297,60020%+ 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: $754,522
property transfer tax: $27,760; BC general rate
cash to close: $325,360; down + PTT
total paid: $1,944,922

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: 322 m² (3,466 sq ft) · PID 006-999-166. 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 Grenfell Elementaryhomes in this catchment
800 m away · 3323 Wellington Ave, Vancouver · 604-713-4844
Secondary Windermere Secondaryhomes in this catchment
1.3 km away · 3155 27th Ave E, Vancouver · 604-713-8180

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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