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986 57th Avenue, Vancouver BC V5X 1T5

Vancouver East, South Vancouver

6 bed

3 bath

2,036 sqft

Single Family Residence

Built in 1951

3,484 sqft lot

2 parking

Freehold NonStrata

R1-1 zone

Public remarks

Investor, Builder, Up-sizer alert! This home in East Vancouver offers exceptional rental income and great redevelopment potential. Featuring a south-facing backyard, the property has potential for additional laneway house or multi-unit redevelopment. The upper level has three bedrooms and 1.5 bathrooms. The lower level features a separate three-bedroom rental suite, providing excellent income potential. With functional layouts on both floors, this home is ideal for investors or multi-generational families. Located in a high-demand area, this property is close to transit, schools, parks, and shopping, making it a valuable long-term investment. Don’t miss out on this rare opportunity to own a versatile income-generating home with future development options!

Private remarks

All measurements from REV Studio, should be verified by the Buyer. ***Tenanted property, 48hr notice required for any showings.***

Buyer agency compensation

3.255% of the first $100,000 and 1.1625% of the balance

South Vancouver Neighbourhood

$1,680,000 ($825/sqft)

Active

Listed

03/06/2025

Expiry date

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Original price

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Gross taxes (2024)

$6,975.11

Property transfer tax

$31,600.00

Last Updated: 03/06/2025 11:16 AM

Courtesy of Sutton Centre Realty

986 57th Avenue Details

Above Grade Finished Area
1018
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Basement
Full
Bathrooms Full
2
Bathrooms Half
1
Bathrooms Total Integer
3
Bedrooms Total
6
Below Grade Finished Area
0
Bridge Modification Timestamp
2025-03-06T19:16:55.141Z
Building Area Total
2036
Buyer Agency Compensation
3.255% OF THE FIRST $100,000 AND 1.1625% OF THE BALANCE
City
Vancouver
Construction Materials
Frame Wood, Mixed (Exterior), Stucco
Country
CA
Covered Spaces
1
Electric On Property Yn
true
Expiration Date
2025-09-30
Exterior Features
Balcony
Feed Types
IDX, VOW
Fencing
Fenced
Flooring
Hardwood, Laminate, Tile
Foundation Details
Concrete Perimeter
Frontage Length
33
Garage Spaces
1
Garage Yn
true
Heating
Forced Air, Natural Gas
Heating Yn
true
Idx Participation Yn
true
Internet Address Display Yn
true
Internet Entire Listing Display Yn
true
Latitude
49.217987
Levels
Two
List Agent Key
78f9b407d870ec7de44ac0c59190c551
List Agent Key Numeric
47709
List Agent MLS
V77023
List Aor
Greater Vancouver
List Office Key
e2fadd67fc48ae36c27a832d0f862cfb
List Office Key Numeric
3830
List Office MLS
V001809
List Price
1680000
Listing Contract Date
2025-03-06
Listing
R2974564
Listing Key
0089c00f3439cdefd63e7f42015e9914
Listing Key Numeric
262996191
Living Area
2036
Longitude
-123.085789
Lot Size Acres
0.08
Lot Size Area
3484.8
Lot Size Dimensions
33 x 109
Lot Size Square Feet
3484.8
Lot Size Units
Square Feet
Main Level Bathrooms
2
MLS Area Major
Vancouver East
MLS Area Minor
South Vancouver
MLS Status
Active
Modification Timestamp
2025-03-06T19:05:35.600Z
Original Entry Timestamp
2025-03-06T19:04:27.600Z
Original List Price
1680000
Originating System Name
GVR – FVREB – CADREB – BCNREB – Resi
Ownership
Freehold NonStrata
Parcel Number
002481553
Parking Features
Garage Single
Parking Total
2
Patio And Porch Features
Patio, Deck
Photos Change Timestamp
2025-03-06T19:16:55.132Z
Photos Count
23
Postal Code
V5X 1T5
Property Sub Type
Single Family Residence
Property Type
Residential
Roof
Asphalt
Room Bathroom2 Level
Main
Room Bathroom3 Level
Below
Room Bathroom Level
Main
Rooms Total
15
Sewer
Public Sewer, Sanitary Sewer
Showing Contact Name
Justin Deng
Source System Key
262996191
Standard Status
Active
State Or Province
BC
Status Change Timestamp
2025-03-06T08:00:00.000Z
Stories
2
Street Dir Prefix
E
Street Name
57th
Street Number
986
Street Suffix
Avenue
Structure Type
Residential Detached
Tax Annual Amount
6975.11
Tax Legal Description
LOT 14, BLOCK 6, PLAN VAP3686, DISTRICT LOT 658, GROUP 1, NEW WESTMINSTER LAND DISTRICT, EXC N 7 FT NOW ROAD, OF LOT 1, TO BLK 8
Tax Year
2024
Unparsed Address
986 57th Avenue, Vancouver BC V5X 1T5
Utilities
Community, Electricity Connected, Natural Gas Connected, Water Connected
Water Source
Public
Year Built
1951
Zoning
R1-1

986 57th Avenue Assessment

986 57th Avenue History

Address MLS® Changed List date Status List price Close price List agent List office
986 57th Avenue R2974564 03/06/2025 11:16 AM 03/06/2025 Active $1,680,000 Login to view Justin Deng PREC* Sutton Centre Realty