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1072 E 55th Avenue
South Vancouver Vancouver V5X 1N9

$1,668,000
Residential beds: 8 baths: 4.0 2,922 sq. ft. built: 1910

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Status:
Active
Prop. Type:
Residential
MLS® Num:
R3059993
Bedrooms:
8
Bathrooms:
4
Year Built:
1910
South Vancouver Character 4 Unit Income Property on 33’x110’ South R1-1 Lot in quality neighbourhood of many Newer Homes. House 2922 SF 3 levels in good condition w updated Kitchens, Baths, Electrical. Good long term Tenants w no vacancies. Top 720 SF 1 Bdrm & Den, Main 1050 SF 3 Bdrm, Down 700 SF 2 Bdrm & Den, Plus a 325 SF Studio Suite. There are 3 Gas Meters, 4 H/W Tanks, 4 Elec. Meters, Big Double Garage w sep Bays & Power (rented) & 1 Open Parking. Gr Inc $5,903/mo, $70,836/yr below market. Potential: Gr Inc $7,700/mo, $92,400/yr, Cap Rate 4.8%. 1st Class Investment & Great Building Site for New Home w Laneway. Perfect for Owner Occupiers & Shared Ownership with lots of Mtg Help. Showing by Appt w 2 Day Notice. Call LS for Info Pkg, Flr Plan. Showing Sat Nov 1st @ noon by Appointment.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Exterior Entry to Basement, Two Levels
Ownership:
Freehold NonStrata
Year built:
1910 (Age: 115)
Living Area:
2,922 sq. ft.
Building Area - Total:
2,922 sq. ft.
Levels:
Two
Bedrooms:
8 (Above Grd: 8)
Bathrooms:
4.0 (Full:4/Half:0)
Taxes:
$5,687.27 / 2025
Lot Area:
3,630 sq. ft.
Lot Frontage:
33'
Lot Details:
33 x 110
Outdoor Area:
Balcony
Plan:
VAP2586
Construction Materials:
Frame Wood, Stucco
No. Floor Levels:
2.0
Floor Area Fin - Above Main:
720 sq. ft.
Floor Area Fin - Above Main 2:
0 sq. ft.
Floor Area Fin - Main:
1,123 sq. ft.
Floor Area Fin - Total:
2,922 sq. ft.
Fireplaces:
0
# Of Garage Spaces:
2.0
Patio And Porch Features:
Patio, Deck
Parking Features:
Garage Double, Open, Lane Access, Rear Access
Parking:
Garage Double, Open
Parking Total/Covered:
3 / 2
Balcony
1
Age Restrictions:
No
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Electricity:
Yes
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
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Listed by RE/MAX Real Estate Services
Data was last updated November 2, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
103
Avg list price:
$1,699,000
Min list price:
$489,000
Max list price:
$4,100,000
Avg days on market:
59
Min days on market:
5
Max days on market:
466
Avg price per sq.ft.:
$931.84
These statistics are generated based on the current listing's property type and located in South Vancouver. Average values are derived using median calculations. This data is not produced by the MLS® system.
AMAR SHAN
DANA BALAN
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BC properties for sale - Real Estate Basics

When you are planning to buy a property for sale, you should consider your lifestyle and budget, as well as how much you want to be involved in home maintenance. Here are some important considerations in selecting a home from the properties for sale:

Always have a Home Inspection done on the property!

If the home is less then 10 years old, check the Home Warranty provided for the property.

If the property is part of a Strata Corporation, it is very important to read and understand all the Strata documents, to determine the strata status before making a purchase decision.

These are the most common docs:

  • Current Form B
  • Bylaws & Rules
  • Strata Minutes including AGM, SGM
  • Rental Disclosure Statement
  • Engineering Reports
  • Depreciation Reports
  • Current Financial Statements
  • Insurance Certificate

If the home was built before 1990 it is important for you to know about the health risks associated with asbestos. See more details about asbestos in our Home Renovations blog page.

The location is always extremely important! You should consider the time you lose commuting to your work, the schools that are in the neighbourhood, access to amenities, shopping, parks, etc. You should also sick information about the Radon levels in the area & home. Radon might be a health issue if the level present in your home is higher. Find more information on our Radon blog page.

Before completing a transaction on a property, check the Property Ownership Types available in British Columbia.

Make sure you a know about the programs and incentives available for First Time Home Buyers if you are one!

If you are buying a property that is tenanted, check the different rules that apply for Tenant Occupied Properties.

Find other important information you have to know when you are buying a property on our Real Estate Blog Pages.

To learn about Consumer Protection in BC Real Estate Market visit BCFSA (BC Financial Services Authority).

You should also check the prices for the recently Sold homes/ properties/ real estate in your neighbourhood! You can find them searching on the Communities pages or searching Residential by Map All MLS ® Sold Listings are available!