Home Vancouver, BC Mount Pleasant VE Mcgregor House 111 588 E 5 Avenue

111 588 E 5 Ave, Vancouver BC V5T 4H6 – Condo for Sale – MLS® R3123579

111 588 E 5 Avenue, Vancouver, British Columbia V5T 4H6

Vancouver Condos for Sale

179 days on the market

$499,000

Est. monthly cost $2,492/mo

Updated with MLS® - Nov 8, 2026 at 08:30pm

Mcgregor House

1 Beds

1 Baths

668 sqft

747 $ /sqft

337.42 $ Maint. fee

1974 built

Photos

Bring your renovation ideas and make this home your own! With great bones, a functional layout, and an unbeatable Mount Pleasant location, this is an excellent opportunity to personalize and add value. This spacious 1-bedroom home features hardwood floors, generous closet space, insuite storage plus a storage locker, and a private balcony. Includes 1 parking stall, low strata fees with heat and hot water, plus the option to add insuite laundry with strata approval. Building updates include new windows, sliding doors, and screens. Steps to trendy cafés, restaurants, breweries, Vancouver Tech Park, Emily Carr University, VCC, China Creek Park, and the future Mount Pleasant & Great Northern Way SkyTrain Stations.

Building 25 fields Inside & out 11 fields Lot & land 7 fields

Building Details

Price	$499,000
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	668
Year Built	1974
Age Of Building	52
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Trash, Maintenance Grounds, Heat, Hot Water, Management, Snow Removal
Building Name	Mcgregor House
Ownership Type	Freehold Strata
Maintenance Fee	$337.42
Community Features	Shopping Nearby
Amenities Nearby	Trash, Maintenance Grounds, Heat, Hot Water, Management, Snow Removal
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Underground
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Yes With Restrictions
Units In Development	54

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Dishwasher, Refrigerator, Stove
Interior Features	Storage
Heating Type	Baseboard, Hot Water, Natural Gas
Laundry	Common Area
# of Kitchens	1
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
Roof	Torch-On
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3123579
Area	Vancouver East
Neighbourhood	Mount Pleasant VE
City	Vancouver
Postal Code	V5T 4H6
Gross Taxes	$1,733.44
Zoning	R5-3

Property Timeline

Status	Date	Price
R3123579 / Active	05-13-2026	$499,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	11'1 x 11'1 ft
Main Level	Primary Bedroom	11'3 x 11'3 ft
Main Level	Dining Room	7'10 x 7'10 ft
Main Level	Foyer	3'9 x 3'9 ft
Main Level	Kitchen	6'2 x 6'2 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: Oakwyn Realty Ltd.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS^® which assumes no responsibility for its accuracy.

About the building: Mcgregor House

588 E 5th Avenue, Vancouver

Mcgregor House building details

Building

Built: 1974
Homes: 54
Construction: Frame - Wood
Title: Freehold Strata
Strata plan: VR163
Managed by: Pacific Quorum
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: ManagementHot WaterHeatGardeningGarbage Pickup

Bylaws on record

Pets: Not allowed
Rentals: Allowed

Homes for sale at Mcgregor House, Vancouver Recent sold listings in Mcgregor House, Vancouver

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 0.82 km · Vancouver Technical Secondary School 7.1/10 · 5.3 km · crime average · sell-speed score 51/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (76 nearby)

Cam's beautiful salon · 350 m · Hairdresser
Brush · 358 m · Hairdresser
Perfect match · 361 m · Bookshop

Restaurants (70 nearby)

Domino's · 357 m · Fast Food
Dallas pizza & souvlaki · 362 m · Fast Food
Subway · 371 m · Fast Food

Cafes (26 nearby)

Kafka · 179 m · Cafe
Paper crane coffee · 361 m · Cafe
Am cafe · 474 m · Cafe

Groceries (24 nearby)

Circle k · 348 m · Convenience
L'atelier pâtisserie · 359 m · Bakery
Kim's mart · 361 m · Supermarket

Healthcare (7 nearby)

La madonna · 468 m · Healthcare
Shoppers drug mart · 624 m · Healthcare
Pharmasave · 637 m · Healthcare

Transit (2 nearby)

Skytrain @ vcc-clark stn station · 820 m · Transit
Bus stop northbound fraser st @ e 14 ave · 868 m · Transit

Public Schools

Secondary
Vancouver Technical Secondary School: Above Average 5.3 km 7.1/10
Elementary
Mount Pleasant Elementary School: Average 0.29 km 5.3/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St. Francis Xavier: Above Average 0.25 km 9.6/10
Secondary
Columbia College: 0.68 km

Closest Transit

Bus Stop
Eastbound Great Northern Way @ Carolina St: 0.09 km
Skytrain
Skytrain @ Vcc-Clark Stn: 0.82 km

Crime Rate

Total Crime Rate: Average
Violent Crime Rate: Below Average
Property Crime Rate: Above Average

Demographics

Post-Secondary Education: Above Average 46.6%
No Certificate/Degree: Below Average 7.3%
Owner Occupied: Above Average 74.3%
Employment Rate: Below Average 32%

Noise/ Power Lines

Road/Hwy Noise: Unlikely
Railway/Sky train Noise: Unlikely
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Sell Speed & Competition

51 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $503,720

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.82 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How MOUNT PLEASANT VE compares

This property

179 DOM

Listed

111 588 E 5 Avenue has a sell-speed score of 51/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 0.9% below comparable active properties in Mount Pleasant VE, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5T 4H6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5T 4H6, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS. Nearest station: Vancouver Clark Drive, Vancouver (~1.2 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Schools NearBy

51 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 248 m
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 263 m
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	5.3 / 10	Distance 290 m
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 664 m
Columbia College	Independent	Grades Served 11-12	Catchment Info —	N/A	Distance 677 m
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 927 m
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 994 m
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.05 KM
Charles Dickens Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 1.36 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.54 KM
Admiral Seymour Elementary School	Public	Grades Served K-7	Catchment Info —	N/A	Distance 1.65 KM
David Livingstone Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.76 KM
Britannia Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 1.77 KM
Queen Victoria Annex	Public	Grades Served K-5	Catchment Info —	6.4 / 10	Distance 1.83 KM
St.Joseph's School	Independent	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 1.83 KM
Charles Dickens Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 1.86 KM
Stratford Hall School	Independent	Grades Served K-12	Catchment Info —	8.7 / 10	Distance 1.87 KM
Tyee Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.89 KM
Stratford Hall	Independent	Grades Served —	Catchment Info —	8.7 / 10	Distance 1.89 KM
Britannia Community Secondary School	Public	Grades Served 8-12	Catchment Info —	5.0 / 10	Distance 1.90 KM
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	N/A	Distance 1.98 KM
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 2.04 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.20 KM
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 2.22 KM
Laura Secord Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.24 KM
St Francis of Assisi	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 2.28 KM
General Wolfe Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.29 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 2.34 KM
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 2.35 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.35 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 2.42 KM
Lord Selkirk Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 2.46 KM
Lord Nelson Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.46 KM
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 2.47 KM
Lord Nelson Elementary	Public	Grades Served —	Catchment Info —	6.9 / 10	Distance 2.47 KM
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 2.54 KM
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 2.54 KM
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 2.54 KM
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info —	2.1 / 10	Distance 2.56 KM
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 2.64 KM
Lord Selkirk Annex	Public	Grades Served K-4	Catchment Info —	3.5 / 10	Distance 2.67 KM
Sir Richard McBride Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.68 KM
Templeton Secondary School	Public	Grades Served 8-12	Catchment Info —	6.7 / 10	Distance 2.69 KM
Sir Richard McBride Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 2.71 KM
General Brock Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 2.78 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 2.85 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 2.85 KM
Gladstone Secondary School	Public	Grades Served 8-12	Catchment Info —	6.0 / 10	Distance 2.91 KM
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	N/A	Distance 2.92 KM
Gladstone Secondary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 2.93 KM
Chief Maquinna Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 2.98 KM

Pre-computed routes from 111 588 E 5 Ave, Vancouver, BC

111 588 E 5 Ave, Vancouver, BC VCC-Clark 0.8 km

28 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via VCC-Clark → Waterfront
28 min
Metrotown, Burnaby via VCC-Clark → Metrotown
28 min
SFU Burnaby via VCC-Clark → Production Way
29 min
Richmond Centre via VCC-Clark → Brighouse
53 min
YVR Airport via VCC-Clark → YVR-Airport
54 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
3 min
Metrotown, Burnaby via Lougheed Hwy
9 min
SFU Burnaby via Gaglardi Way
15 min
Richmond Centre via No. 3 Rd
14 min
YVR Airport via Bridgeport / Sea Island
12 min

Calculate your commute

111 588 E 5 Ave, Vancouver, BC is ideally located for commuters. The property is 0.8 km from VCC-Clark, with a 28 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Great Northern Way @ Carolina St (0.09 km). Walk Score Transit rating: Excellent Transit (84/100).

Walkability & Transit Near 111 588 E 5 Avenue

Walker's Paradise 96

Walk Score - Walker's Paradise

Daily errands do not require a car

Excellent Transit 84

Transit Score - Excellent Transit

Transit is convenient for most trips

Biker's Paradise 97

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 111 588 E 5 Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 003-550-966).

Total Assessed Value (2026)

$550,600

-1.0% YoY

+2.6%/yr over 4 yr

2022 Value Trend 2026

Land

$514,000

Buildings

$36,600

Year Built

1973

Class

Residential

Zoning

R5-3

Property Tax

$1,852

Year	Land	Improvements	Total Assessed	YOY Change
2026	$514,000	$36,600	$550,600	-1.0%
2025	$519,000	$36,900	$555,900	+0.6%
2024	$516,000	$36,700	$552,700	+2.6%
2023	$503,000	$35,800	$538,800	+8.3%
2022	$456,000	$41,600	$497,600	—

Costs & calculators

Monthly cost about $2,492/month · rent estimate $1,996/month · owning nets $46/month less than renting · cash flow if rented −$654/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 111 588 E 5 Avenue

$2,492 /month

Principal & Interest $2,011

Property Taxes $144

Maintenance fee $337

The estimated monthly cost of 111 588 E 5 Avenue, Vancouver is $2,492: $2,011 principal and interest with 20% down over 30 years at 4.45%, plus $144 property tax and $337 strata fee.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$654 /month

Mortgage Payment $2,011

Monthly Cash Flow −$654

Break Even Down Payment 47%

Cap Rate -1.6%

Cash on Cash -7.9%

If 111 588 E 5 Avenue, Vancouver were rented at $1,996 a month with 5% vacancy, it would fall $654 a month short of the mortgage and carrying costs; about 47% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 111 588 E 5 Avenue, Vancouver

$1,996 / month

Rent $1,996

Own $2,492

Principal: $647/mo Interest, tax, insurance, fees: $1,845/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$541/mo (year 1) → ~$1,259/mo (year 20) → ~$1,878/mo (year 29).

Net cost to own at year 5 ~$1,845/mo About $151/mo less than renting

EstateBlock estimates 111 588 E 5 Avenue, Vancouver would rent for about $1,996 a month.

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Rent vs own: 111 588 E 5 Avenue

Rent vs own

Owning nets $46/mo less than renting

With 20% down ($99,800) at 4.45%: $1,950/mo net cost to own in year 1 vs $1,996/mo rent

Principal paid off by year 5 $35,574

Principal paid off by year 10 $79,995

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Owning 111 588 E 5 Avenue, Vancouver nets about $46 a month less than renting it in year 1, with $35,574 of principal paid off by year 5 and $79,995 by year 10.