111 588 E 5 STREET

111 588 E 5 STREET · Vancouver, Mount Pleasant · Apartment · 1 bed · 1 bath · $499,000 · MLS R3123579

Vancouver, British Columbia · Neighbourhood: Mount Pleasant
C$499,000
For sale
111 588 E 5 STREET

111 588 E 5 STREET is located in Vancouver (Mount Pleasant). Property snapshot: Apartment, 1 bed, 1 bath, listed at $499,000, MLS R3123579. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100

List Price: $499,000
MLS: R3123579
Bedrooms: 1
Bathrooms: 1
Interior Size: 668 sqft
Days on Market: -
Days on Site: 34
Deal Score: 50/100
Catchment Schools: Catchment schools include Mount Pleasant Elementary, Vancouver Technical Secondary
Price History: Latest recorded list price 499000.00

Local Decision Guide

How should buyers evaluate 111 588 E 5 STREET?

Start by reading this listing in its Vancouver Mount Pleasant context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

Vancouver listings should separate R1-1, RS, RT, laneway house and multiplex rules during review. R1-1 is an important low-density housing reform signal, but heritage, trees, underground servicing, parking, corner-lot conditions and existing building condition can all change the practical outcome.

Vancouver R1-1 / RS / RT / laneway quick checklist
  • Confirm whether zoning is R1-1, RS, RT or another district.
  • Review laneway house, multiplex, heritage, tree, parking and servicing rules separately.
  • Do not rely on lot size alone; corner-lot conditions, underground servicing and existing building condition can affect the plan.
What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 111 588 E 5 STREET?

This page shows a list price of $499,000 with MLS R3123579.

What type of home is this Vancouver, Mount Pleasant listing?

The page shows Apartment, 1 bed, 1 bath at 111 588 E 5 STREET. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 499000.00.

Which catchment schools are associated with 111 588 E 5 STREET?

Catchment schools include Mount Pleasant Elementary, Vancouver Technical Secondary. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

How should Vancouver listings be screened for R1-1, RS, RT, laneway and multiplex risk?

Vancouver listings should be checked against R1-1, RS, RT and other zoning, laneway house rules, multiplex rules, heritage, trees, parking, servicing and permits. Block-level and site-level constraints can change the outcome.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Under $499K in the heart of Mount Pleasant, one of Vancouver´s most eclectic & vibrant neighbourhoods. Surrounded by trendy cafes, restaurants, bakeries, boutiques & microbreweries. Just a short stroll to the Vancouver Tech Park, Emily Carr University, Electronic Arts, VCC, future Mount Pleasant & Great Northern Way SkyTrain Stations & China Creek Park. This spacious 1 bed home offers an excellent layout with hardwood floors throughout, generous closet space & both insuite storage & an additional storage locker. Enjoy the private balcony off the living room. 1 parking stall & low strata fees including heat & hot water. Option to add insuite laundry with strata approval. Building updates: new windows, sliding doors & screens. MUST SEE! (id:56153)

Property Details

Apartment
Building Type
1
Bedrooms
1
Bathrooms
1974
Year Built
52 years
Age
34
Days on Site
668 sqft
Interior Size
C$747
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29749687 (R3123579)

Become a VIP member for free. More details will be available.
The information below is generated by Relistico.com for your convenience and may not always be accurate. Consult a Realtor to verify.

Site Context

Free sign-up unlocks site context
Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$499,000

PID: 003-550-966

Days on Site: 34 days

Added to Relistico: 2026-05-13

Updated on: 2026-05-27 03:02 PM PDT

Become a VIP member for free. More details will be available.

Lot info

Free sign-up unlocks full lot information
Includes parcel identifiers, size details, and land and approval context.

Schools

Mount Pleasant Elementary ELEMENTARY
Public · School District 39
2300 Guelph St, Vancouver, BC
Straight-line distance about 289.5 m
Vancouver Technical Secondary SECONDARY
Public · School District 39
2600 Broadway E, Vancouver, BC
Straight-line distance about 3 km
Nearby Private Schools
Free sign-up unlocks nearby private school details
Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
Kim's Mart
About 360.5 m away
519 East Broadway
Sakuraya Japanese Supermarket
About 362.6 m away
517 East Broadway, Vancouver
Shopping Centres
Mount Pleasant Farmers Market
About 314.8 m away
Main St. Station Farmers Market
About 1 km away
Parks / Green Space
Carolina Park
About 86.4 m away
Sahalli Park
About 317.1 m away
Rapid Transit Stations
VCC-Clark Stn
About 899.6 m away

Price History

Free sign-up unlocks price history
View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

Newsletter

Enter your email to receive market updates and new listing alerts.

NEED TO CONSULT
A REALTOR?

We’re here for you!
Most inquiries receive a response within a few hours.
No spam. Just helpful answers.
You can also text Gary @ 778.801.1314

Classic Search

Recent News

Jun 15, 2026
Vancouver’s mass upzoning: 2,600 lots quietly shifted to six- and eight-storey density
Vancouver’s mass upzoning: 2,600 lots quietly shifted to six- and eight-storey density
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 15, 2026
U.S.-Iran Ceasefire Hopes Lift U.S. Markets, While TSX Edges Lower on Shopify Woes
U.S.-Iran Ceasefire Hopes Lift U.S. Markets, While TSX Edges Lower on Shopify Woes
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 12, 2026
Vancouver condo prices face 15% drop by 2027 as market psychology shifts
Vancouver condo prices face 15% drop by 2027 as market psychology shifts
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 15, 2026
Blackrod Phase 1 hits first oil ahead of schedule
Blackrod Phase 1 hits first oil ahead of schedule
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 15, 2026
CFIB's Paperweight Awards: Red Tape Hits Small Business Hard
CFIB's Paperweight Awards: Red Tape Hits Small Business Hard
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 15, 2026
Norad shuts airspace over Vancouver for remaining World Cup matches
Norad shuts airspace over Vancouver for remaining World Cup matches
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 15, 2026
Metro Vancouver’s unsold condo pile doubles as investors flee
Metro Vancouver’s unsold condo pile doubles as investors flee
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 15, 2026
Canadian Household Wealth Climbs, Housing Boosts Net Worth Again
Canadian Household Wealth Climbs, Housing Boosts Net Worth Again
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Jun 15, 2026
CRTC gives Bell and Telus until Wednesday to drop fees or risk compliance actions
CRTC gives Bell and Telus until Wednesday to drop fees or risk compliance actions
In a rapidly shifting real estate market, most people only see the surface of listing and selling prices. What I offer is a paradigm shift: a multidimensional advantage combining 18 years of frontline trading, 12 years of physical construction, 11 years of municipal operations, and cutting-edge AI technology.
Powered by REALTOR.ca

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®).

Last Updated: Wed, 27 May 2026 02:44:16 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Oakwyn Realty Ltd.

Relistico AI Assistant