1198 W 55th Ave, Vancouver BC – House for Sale – MLS® R3164202

1198 W 55th Avenue, Vancouver, British Columbia V6P 7A1

40 days on the market
$5,688,000
Est. Mortgage $25,164/mo
Listing updated:
EstateBlock checked:
4 Beds
4 Baths
5739 sqft
991 $ /sqft
2004 built
40 days on the market
$5,688,000
Est. $25,164/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 1198 W 55th Avenue

Live every day like you're on vacation in this extraordinary custom-built home. Designed with entertaining and relaxation in mind, it combines architectural beauty with resort-style amenities. A striking marble exterior, limestone entry, and intricate wrought iron details create an unforgettable first impression. Inside, marble flooring, soaring ceilings, and artisan finishes set a tone of sophistication. The gourmet kitchen is equipped with top-of-the-line appliances and a catering-ready pantry - perfect for hosting family and friends. Step through grand walnut French doors to your private paradise: a sparkling designer pool, cabana, hot tub, and a secluded waterfall grotto nestled within lush, natural landscaping. Open house: Oct 18(sun), 2-4pm.

Interior Features

Basement Finished Area (sqft) 1926
Basement Features Partially Finished, Exterior Entry
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Oven
Interior Features Central Vacuum, Wet Bar
Fireplace 3
Heating Type Geothermal, Hot Water, Natural Gas
Cooling Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony, Private Yard
Roof Other
Structures Residential Detached

Building Details

Price $5,688,000
Total Bedrooms 4
Total Bathrooms 4
Full Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 5739
Year Built 2004
Age Of Building 22
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Triple, Front Access, Garage Door Opener
Total Parking Spaces 3

Lot & Land

Lot Size 12842.1
Lot Size Depth Feet
Lot Size Frontage 75.1
MLS® # R3164202
Area Vancouver West
Neighbourhood South Granville
City Vancouver
Postal Code V6P 7A1
Gross Taxes $42,723.5
Zoning R1-1

Property Timeline

Status Date Price
R3164202 / Active 09-10-2026 $5,688,000
to view full Property History (5 earlier records)
Rooms
Floor Type Dimensions
Main Level Foyer 17'2 x 17'2 ft
Main Level Living Room 17'3 x 17'3 ft
Main Level Dining Room 15'8 x 15'8 ft
Main Level Kitchen 17'6 x 17'6 ft
Main Level Nook 10'7 x 10'7 ft
Main Level Family Room 16'9 x 16'9 ft
Main Level Laundry 7' x 7' ft
Above Level Primary Bedroom 21'7 x 21'7 ft
Above Level Dressing Room 14'1 x 14'1 ft
Above Level Bedroom 11'3 x 11'3 ft
Basement Level Recreation Room 26' x 26' ft
Basement Level Bar Room 9'8 x 9'8 ft
Basement Level Games Room 17'7 x 17'7 ft
Basement Level Bedroom 17'5 x 17'5 ft
Basement Level Bedroom 17'5 x 17'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #5
Above Level No #3
Basement No #3

Listed by: Dracco Pacific Realty

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.

Map & Neighbourhood

Public Schools

Secondary
Sir Winston Churchill Secondary School
Above Average 0.56 km 8.1/10
Elementary
Sir William Osler Elementary School
Above Average 1.24 km 8/10

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

Private Schools

Elementary
Vancouver Montessori School
Above Average 1.61 km 9.6/10
Secondary
King David High School
Above Average 1.64 km 7.8/10

Closest Transit

Bus Stop
Southbound Oak St @ W 54 Ave
0.35 km
Skytrain
Skytrain @ Langara-49Th Stn
1.37 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 41.5%
No Certificate/Degree
Below Average 11.9%
Owner Occupied
Below Average 41.1%
Employment Rate
Above Average 69.7%

Noise/ Power Lines

Road/Hwy Noise
Possible
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
Possible

Sell Speed & Competition

42 / 100
Overall sell-speed score
May take longer
—
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.37 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How SOUTH GRANVILLE compares
This property
40 DOM
Very fast
South Granville avg
67 DOM
Average
Vancouver avg
67 DOM
Slower market

1198 W 55th Avenue has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 9.2% and an area average of 67 days on market — buyers have more leverage. With only 542 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V6P 7A1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6P 7A1, 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 A / Excellent

Annual avg PM2.5 4.1 µg/m³ — meets WHO 2021 guideline. Nearest station: Vancouver International Airport #2, Richmond (~4 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.

Nearby Restaurants, Cafes & Shops

Restaurants (10 nearby)

  • A&w · 790 m · Fast Food
  • Sushi mura · 800 m · Restaurant
  • Subway · 809 m · Fast Food

Shopping (8 nearby)

  • Pharmasave · 564 m · Pharmacy
  • Marpole · 568 m · Post Office
  • Cyclone taylor · 819 m · Sports Shop

Cafes (4 nearby)

  • Tim hortons · 737 m · Cafe
  • Jazen tea · 820 m · Cafe
  • Krepa cafe · 974 m · Cafe

Groceries (1 nearby)

  • M.e concept cakes · 855 m · Bakery

Healthcare (1 nearby)

  • Pharmasave · 564 m · Healthcare

Transit (1 nearby)

  • Bus stop eastbound w 49 ave @ heather st · 989 m · Transit

Schools NearBy

27 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Sir Winston Churchill Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
8.1 / 10

Distance

559 m

Sir Wilfrid Laurier Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

576 m

David Lloyd George Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.5 / 10

Distance

1.13 KM

Dr Annie B Jamieson Elementary

Public

Grades Served

—

Catchment Info

—
8.3 / 10

Distance

1.19 KM

Dr. Annie B. Jamieson Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.3 / 10

Distance

1.21 KM

Sir William Osler Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
8.0 / 10

Distance

1.24 KM

des Colibris

Public

Grades Served

—

Catchment Info

—
9.9 / 10

Distance

1.41 KM

Dr. R. E. McKechnie Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

1.46 KM

Vancouver Montessori School

Independent

Grades Served

K

Catchment Info

—
9.6 / 10

Distance

1.61 KM

King David High School

Independent

Grades Served

8-12

Catchment Info

—
7.8 / 10

Distance

1.64 KM

Maple Grove Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.7 / 10

Distance

1.64 KM

Magee Secondary School

Public

Grades Served

8-12

Catchment Info

—
7.6 / 10

Distance

1.66 KM

J.W. Sexsmith Community Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.8 / 10

Distance

1.70 KM

Kerrisdale Annex

Public

Grades Served

K-2

Catchment Info

—
N/A

Distance

1.76 KM

Royal Canadian College

Independent

Grades Served

9-12

Catchment Info

—
5.6 / 10

Distance

1.77 KM

Vancouver College

Independent

Grades Served

K-12

Catchment Info

—
8.6 / 10

Distance

1.77 KM

St. Anthony of Padua

Independent

Grades Served

K-7

Catchment Info

—
9.4 / 10

Distance

1.78 KM

Rose-des-vents

Public

Grades Served

—

Catchment Info

—
7.5 / 10

Distance

1.89 KM

Secondaire Jules-Verne

Public

Grades Served

—

Catchment Info

—
7.5 / 10

Distance

1.96 KM

Sir Wm Van Horne Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.2 / 10

Distance

2.33 KM

Quilchena Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

2.35 KM

Point Grey Secondary School

Public

Grades Served

8-12

Catchment Info

—
8.2 / 10

Distance

2.39 KM

Point Grey Secondary

Public

Grades Served

—

Catchment Info

—
8.2 / 10

Distance

2.40 KM

Pierre Elliott Trudeau Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

2.72 KM

John Henderson Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.7 / 10

Distance

2.78 KM

St. Andrew's

Independent

Grades Served

K-7

Catchment Info

—
7.9 / 10

Distance

2.82 KM

St Andrew's

Independent

Grades Served

—

Catchment Info

—
7.9 / 10

Distance

2.82 KM

Pre-computed routes from 1198 W 55th Ave, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Langara-49th → Waterfront
    33 min
  • Metrotown, Burnaby via Langara-49th → Metrotown
    51 min
  • SFU Burnaby via Langara-49th → Production Way
    58 min
  • Richmond Centre via Langara-49th → Brighouse
    30 min
  • YVR Airport via Langara-49th → YVR-Airport
    31 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    9 min
  • Metrotown, Burnaby via Lougheed Hwy
    11 min
  • SFU Burnaby via Gaglardi Way
    19 min
  • Richmond Centre via No. 3 Rd
    7 min
  • YVR Airport via Bridgeport / Sea Island
    5 min

Calculate your commute

1198 W 55th Ave, Vancouver, BC is ideally located for commuters. The property is 1.4 km from Langara-49th, with a 33 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Oak St @ W 54 Ave (0.35 km). Walk Score Transit rating: Good Transit (60/100).

Walkability & Transit Near 1198 W 55th Avenue

Walk Score Badge
Car-Dependent 61

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 60

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
52

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 1198 W 55th Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 024-832-804).
Total Assessed Value (2026)
$7,346,000
-4.8% YoY
-0.3%/yr over 4 yr
2022 Value Trend 2026
Land
$4,120,000
Buildings
$3,226,000
Year Built
2004
Class
Residential Inclusive
Zoning
R1-1
Property Tax
$42,724
Year Land Improvements Total Assessed YOY Change
2026 $4,120,000 $3,226,000 $7,346,000
-4.8%
2025 $4,436,000 $3,283,000 $7,719,000
-0.7%
2024 $4,428,000 $3,346,000 $7,774,000
+1.8%
2023 $4,247,000 $3,386,000 $7,633,000
+2.8%
2022 $4,129,000 $3,298,000 $7,427,000 —

Mortgage Calculator for 1198 W 55th Avenue

/month
Principal & Interest
Property Taxes $3,560
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($1,137,600), the estimated monthly payment for this listing is $25,284/month — $21,724 principal & interest, $3,560 property tax.
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

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $11,887/month, this property runs a $13,752/month shortfall after mortgage and carrying costs. Break-even requires approximately 71% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1198 W 55th Avenue, Vancouver

Buy Vs Rent Calculator

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Own —
Principal: — Interest, tax, insurance, fees: —

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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.

Price vs Neighbourhood Average — South Granville, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $5,688,000
Vancouver Loading...
South Granville Loading...

No active comparable properties are currently available for this property type in Vancouver. The price evaluation chart will update as similar listings enter the market.

Data is based on list prices of similar active listings. 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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 1198 W 55th Avenue

Walk Score Badge
Car-Dependent 61

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 60

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
52

Bike Score - Bikeable

Some bike infrastructure

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