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5506 College Street
homes for sale · Vancouver
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$2,498,000

5506 College Street

Vancouver · MLS® R3175223

771

3,673 sq ft · 4,282 sq ft lot · House · Single Family · built 2014 · 11 days on market

listed by Mandy Liang, Royal Pacific Realty (Kingsway) Ltd.

realtor's description

Contemporary 3673 sq. ft. home with a laneway house (#5502), situated on a generous 34 x 125.9 ft. lot. Featuring an open-concept layout, modern design, premium materials and quality craftsmanship, this home offers high ceilings, granite countertops, stainless steel appliances, a spacious wok kitchen, and stone tile and hardwood flooring. Additional features include radiant heating, air conditioning, a security system and a built-in vacuum. A legal lower-level suite and a separate laneway house provide excellent mortgage-helper potential. Located on a quiet, tree-lined street with convenient access to transportation. Open House Open House OCT 24 Sat 2-4pm.

property details

type
House, Single Family
bedrooms
7
bathrooms
7
living area
3,673 sq ft
lot
4,282 sq ft
parking
1
year built
2014
property tax
$9,332 / yr
days on market
11
MLS®
R3175223

features

  • Central location
  • All

monthly cost

$11,661/mo
Mortgage $10,884 · Tax $778

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

estimated payment
$10,884/ monthly
loan $1,998,400
25-year amortization
total interest
$1,266,664
property transfer tax
$52,940
BC general rate
cash to close
$552,540
down + PTT
total paid
$3,265,064
transfer tax

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

suite rent
$1,960/mo
your cost after the suite
$10,033/mo
vs $11,836 without it

Costs: mortgage $10,884 · tax $778 · insurance ~$175 · vacancy 3% · upkeep 5%.

Suite rent is today's market rent for a 1-bedroom in Mount Pleasant/Renfrew Heights, Vancouver: CMHC's average there ($1,704) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords
  • Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
  • Rent increases are capped once a year at the province's set amount. gov.bc.ca
  • The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
  • Vancouver also charges an empty homes tax. vancouver.ca
  • Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

location

VancouverGoogle Maps ↗

Rapid transit: Joyce–Collingwood SkyTrain station, 1 km (about 15 min walk); 29th Avenue SkyTrain station, 1 km (about 16 min walk).

schools

Catchment schools, Vancouver School Board

  • Elementary Weir Elementaryhomes in this catchment

    600 m away · 2900 44th Ave E, Vancouver · 604-713-4771

  • Secondary Killarney Secondaryhomes in this catchment

    1.0 km away · 6454 Killarney St, Vancouver · 604-713-8950

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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Mandy Liang
Royal Pacific Realty (Kingsway) Ltd.
call Mandy · 604-720-1822
4methe deep dive
Powered by: REALTOR.ca

similar homes nearby

property tax by year

yearassessedest. tax
2026$2,630,000$8,844

The listing shows $9,332 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.

price check

Below typical for the area (-32%)
2026 assessment
$2,630,000 · asking is -5.0%
price per sq ft
$680 vs $1,004 median for houses in Vancouver for sale (1752)

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.

location

lot outline: 398 m² (4,284 sq ft) · PID 005-102-090. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Rapid transit: Joyce–Collingwood SkyTrain station, 1 km (about 15 min walk); 29th Avenue SkyTrain station, 1 km (about 16 min walk).

Drive times
  • Sir Guy Carleton Elementary2 min
  • Killarney Secondary3 min
  • Burnaby Hospital6 min
  • LaSalle College Vancouver6 min
  • Downtown Vancouver15 min
  • YVR airport22 min
92

Walkability 92/100 · Very walkable: most errands on foot

Within a 10 minute walk: 1 grocery store, 20 places to eat or drink, 1 cafe, 13 parks and playgrounds, 3 schools, 2 pharmacies, 40 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

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property insights

On market 11 days · no price changes so far

On the market 11 days. No price changes recorded since Oct 15, 2026.

  1. Listed for sale
    Oct 14, 2026
    $2,498,000

Price changes tracked nightly by mihom since October 2026. Sales are registered sales from BC Assessment.

the market here

listed now
59 days
median for 1766 houses for sale; this one 11 days

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