232 5555 Victoria Dr, Vancouver BC V5P 4Y3 – Condo for Sale – MLS® R3165580

232 5555 Victoria Drive, Vancouver, British Columbia V5P 4Y3

58 days on the market
$698,000
Est. monthly cost $3,642/mo
Updated with MLS® -
3 Beds
2 Baths
1096 sqft
637 $ /sqft
629.45 $ Maint. fee
2001 built
6.7% price reduction 40.2% cheaper than comps
58 days on the market
$698,000
$748,000
Est. $3,642/mo with 20% down
Updated with MLS® -

Property Details for 232 5555 Victoria Drive

6.7% price reduction 40.2% cheaper than comps

Welcome to Chez Victoria, Bright, spacious 3 bedrooms 2 full baths corner unit with large solarium can be used as den/office or entertaining room. Open layout with quartz counter tops, laminated flooring and stainless-steel appliances. Great for growing families or Invest into the most convenient community. Located on Victoria Drive and East 39th Avenue (Vancouver East) - a vibrant urban community filled with local amenities, banks, recreational facilities, schools, shopping and restaurants, bus station within walking distance. Direct access to Kingsway and other major routes allows for an easy commute to surrounding destinations. Book your viewing today.

Building Details

Price $698,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1096
Year Built 2001
Age Of Building 25
Building Type Apartment/Condo
Unit Style Corner unit
Property Type Residential
Stories 1
Building Amenities Trash, Hot Water, Management
Ownership Type Freehold Strata
Maintenance Fee $629.45
Community Features Shopping Nearby
Amenities Nearby Trash, Hot Water, Management
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Underground, Rear Access, Concrete
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Suites None

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator
Fireplace 1
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features No Outdoor Area
Roof Asphalt
Structures Multi Family, Residential Attached

Lot & Land

MLS® # R3165580
Area Vancouver East
Neighbourhood Victoria VE
City Vancouver
Postal Code V5P 4Y3
Gross Taxes $2,401.86
Zoning C2

Property Timeline

Status Date Price
R3165580 / Active 09-14-2026 $698,000
Rooms
Floor Type Dimensions
Main Level Living Room 11'3 x 11'3 ft
Main Level Dining Room 7'5 x 7'5 ft
Main Level Kitchen 8'0 x 8'0 ft
Main Level Primary Bedroom 9'5 x 9'5 ft
Main Level Bedroom 10'5 x 10'5 ft
Main Level Bedroom 9'0 x 9'0 ft
Main Level Solarium 8'5 x 8'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level Yes #4

Listed by: Royal Pacific Tri-Cities 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.

About the building: Chez Victoria

5555 Victoria Drive, Victoria VE, Vancouver

Chez Victoria building details

Building

Built
2001
Homes
78
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
LMS4410
Managed by
Associa Bc
Parking
Garage: Underground
Lockers
Limited
Strata fee covers
ManagementHot WaterGasGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 1
Rentals
Allowed

Market at Chez Victoria

For sale
2
Median ask
$653K
Median $/sqft
$693
Days on market
118
Sold, past year
1
This home

$637/sqft, 8.1% below the building median of $693.

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

Map, sell speed & climate

SkyTrain 1.74 km · Gladstone Secondary School 6/10 · 1.65 km · crime average · sell-speed score 74/100 (likely within weeks) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (41 nearby)

  • Yoshida sushi · 23 m · Restaurant
  • Sumi korean restaurant · 61 m · Restaurant
  • Dalat vietnamese cuisine · 62 m · Restaurant

Groceries (19 nearby)

  • Maxim's bakery · 53 m · Bakery
  • Mei yee bakery · 118 m · Bakery
  • Osoyoos produce · 186 m · Supermarket

Shopping (16 nearby)

  • Vancity · 87 m · Bank
  • London drugs · 89 m · Pharmacy
  • Cedar cottage · 90 m · Post Office

Cafes (4 nearby)

  • Starbucks · 51 m · Cafe
  • Tim hortons · 127 m · Cafe
  • El caracol mexican cafe · 391 m · Cafe

Healthcare (2 nearby)

  • London drugs · 89 m · Healthcare
  • Mj's natural pharmacy · 768 m · Healthcare

Gyms (1 nearby)

  • Kensington pool · 743 m · Gym

Transit (1 nearby)

  • Bus stop westbound e 41 ave @ knight st · 894 m · Transit

Public Schools

Secondary
Gladstone Secondary School
Average 1.65 km 6/10
Elementary
Tecumseh Elementary School
Average 0.32 km 6.1/10
Elementary
Tecumseh Annex
0.67 km

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

Private Schools

Elementary
Corpus Christi School
Above Average 0.99 km 10/10
Elementary,Secondary
Stratford Hall
Above Average 2.57 km 8.9/10

Closest Transit

Bus Stop
Northbound Victoria Dr @ E 39 Ave
0.09 km
Skytrain
Skytrain @ Nanaimo Stn
1.74 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 22.1%
No Certificate/Degree
Above Average 26.7%
Owner Occupied
Below Average 43.2%
Employment Rate
Above Average 72.2%

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
Unlikely

Sell Speed & Competition

74 / 100
Overall sell-speed score
Likely within weeks
A+
Price competition grade
Avg comparable: $1,167,631
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.74 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 VICTORIA VE compares
This property
58 DOM
Listed

232 5555 Victoria Drive has a sell-speed score of 74/100, placing it in the "Expected to sell within weeks" band. The listing is priced 40.2% below comparable active properties in Victoria VE, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Climate Risk for V5P 4Y3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5P 4Y3, 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 (~3 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

46 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Tecumseh Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
6.1 / 10

Distance

319 m

G. T. Cunningham Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.3 / 10

Distance

655 m

Tecumseh Annex

Public

Grades Served

K-3

Catchment Info

In Catchment
N/A

Distance

674 m

Corpus Christi School

Independent

Grades Served

K-7

Catchment Info

—
10.0 / 10

Distance

989 m

Waverley Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

1.00 KM

Sir Sandford Fleming Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.1 / 10

Distance

1.15 KM

Lord Selkirk Annex

Public

Grades Served

K-4

Catchment Info

—
3.5 / 10

Distance

1.35 KM

Sir Richard McBride Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

1.39 KM

John Norquay Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

1.39 KM

Sir Alexander Mackenzie Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.3 / 10

Distance

1.43 KM

David Thompson Secondary School

Public

Grades Served

8-12

Catchment Info

—
7.0 / 10

Distance

1.47 KM

Qawsain Knowledge House

Independent

Grades Served

K-3

Catchment Info

—
N/A

Distance

1.57 KM

Sir Charles Kingsford-Smith

Public

Grades Served

—

Catchment Info

—
5.4 / 10

Distance

1.59 KM

Sir Charles Kingsford-Smith School

Public

Grades Served

K-7

Catchment Info

—
5.4 / 10

Distance

1.59 KM

Gladstone Secondary

Public

Grades Served

—

Catchment Info

—
6.0 / 10

Distance

1.62 KM

Gladstone Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.0 / 10

Distance

1.65 KM

Sir Richard McBride Annex

Public

Grades Served

K-3

Catchment Info

—
N/A

Distance

1.66 KM

Lord Selkirk Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.1 / 10

Distance

1.75 KM

Killarney Secondary School

Public

Grades Served

8-12

Catchment Info

—
6.3 / 10

Distance

1.83 KM

Sir James Douglas Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.6 / 10

Distance

1.98 KM

John Oliver Secondary School

Public

Grades Served

8-12

Catchment Info

—
5.5 / 10

Distance

2.03 KM

Charles Dickens Annex

Public

Grades Served

K-3

Catchment Info

—
N/A

Distance

2.18 KM

Sir James Douglas Annex

Public

Grades Served

K-3

Catchment Info

—
N/A

Distance

2.20 KM

Lord Beaconsfield Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.0 / 10

Distance

2.21 KM

Anne-Hebert

Public

Grades Served

—

Catchment Info

—
7.6 / 10

Distance

2.21 KM

Tyee Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

2.23 KM

St Andrew's

Independent

Grades Served

—

Catchment Info

—
7.9 / 10

Distance

2.31 KM

St. Andrew's

Independent

Grades Served

K-7

Catchment Info

—
7.9 / 10

Distance

2.31 KM

David Oppenheimer Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.3 / 10

Distance

2.34 KM

Collingwood Neighbourhood School

Public

Grades Served

K-3

Catchment Info

—
N/A

Distance

2.45 KM

Walter Moberly Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.0 / 10

Distance

2.45 KM

St.Joseph's School

Independent

Grades Served

K-7

Catchment Info

—
8.1 / 10

Distance

2.47 KM

John Henderson Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.7 / 10

Distance

2.47 KM

Sir Wilfred Grenfell Community

Public

Grades Served

—

Catchment Info

—
6.0 / 10

Distance

2.48 KM

Sir Wilfred Grenfell Community School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

2.48 KM

Windermere Community Secondary School

Public

Grades Served

8-12

Catchment Info

—
6.3 / 10

Distance

2.52 KM

Stratford Hall

Independent

Grades Served

—

Catchment Info

—
8.7 / 10

Distance

2.57 KM

Stratford Hall School

Independent

Grades Served

K-12

Catchment Info

—
8.7 / 10

Distance

2.62 KM

General Brock Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.5 / 10

Distance

2.65 KM

Charles Dickens Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

2.66 KM

Dr. H. N. MacCorkindale Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.4 / 10

Distance

2.66 KM

Westside Montessori Academy

Independent

Grades Served

K-7

Catchment Info

—
9.1 / 10

Distance

2.73 KM

Captain James Cook Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

2.74 KM

Nootka Community Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

2.79 KM

Sir Wm Van Horne Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.2 / 10

Distance

2.96 KM

David Livingstone Elementary School

Public

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

2.99 KM

Pre-computed routes from 232 5555 Victoria Dr, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Nanaimo → Waterfront
    36 min
  • Metrotown, Burnaby via Nanaimo → Metrotown
    30 min
  • SFU Burnaby via Nanaimo → Production Way
    43 min
  • Richmond Centre via Nanaimo → Brighouse
    61 min
  • YVR Airport via Nanaimo → YVR-Airport
    62 min

By car (off-peak)

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

Calculate your commute

232 5555 Victoria Dr, Vancouver, BC is ideally located for commuters. The property is 1.7 km from Nanaimo, with a 36 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Victoria Dr @ E 39 Ave (0.09 km). Walk Score Transit rating: Good Transit (67/100).

Walkability & Transit Near 232 5555 Victoria Drive

Walk Score Badge
Walker's Paradise 94

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Good Transit 67

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Very Bikeable 81

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 232 5555 Victoria Drive

2026 assessed value, sourced from City of Vancouver open data (PID 025-007-378).
Total Assessed Value (2026)
$714,000
-10.0% YoY
+1.2%/yr over 4 yr
2022 Value Trend 2026
Land
$484,000
Buildings
$230,000
Year Built
2000
Class
Commercial
Zoning
C-2
Property Tax
$2,402
Year Land Improvements Total Assessed YOY Change
2026 $484,000 $230,000 $714,000
-10.0%
2025 $537,000 $256,000 $793,000
+1.5%
2024 $529,000 $252,000 $781,000
+8.0%
2023 $490,000 $233,000 $723,000
+6.0%
2022 $432,000 $250,000 $682,000 —

Costs & calculators

Monthly cost about $3,642/month · rent estimate $2,582/month · owning catches up with renting by year 16 · cash flow if rented −$1,246/month

Mortgage Calculator for 232 5555 Victoria Drive

30-year fixed
$3,642 /month
Principal & Interest $2,813
Property Taxes $200
Maintenance fee $629

The estimated monthly cost of 232 5555 Victoria Drive, Vancouver is $3,642: $2,813 principal and interest with 20% down over 30 years at 4.45%, plus $200 property tax and $629 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

−$1,246 /month
Mortgage Payment $2,813
Monthly Cash Flow −$1,246
Break Even Down Payment 56%
Cap Rate -2.1%
Cash on Cash -10.7%

If 232 5555 Victoria Drive, Vancouver were rented at $2,582 a month with 5% vacancy, it would fall $1,246 a month short of the mortgage and carrying costs; about 56% 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 232 5555 Victoria Drive, Vancouver

$2,582 / month
Rent $2,582
Own $3,642
Principal: $905/mo Interest, tax, insurance, fees: $2,737/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$757/mo (year 1) → ~$1,761/mo (year 20) → ~$2,627/mo (year 29).

Net cost to own at year 5 ~$2,737/mo About $155/mo more than renting

EstateBlock estimates 232 5555 Victoria Drive, Vancouver would rent for about $2,582 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: 232 5555 Victoria Drive

Rent vs own

Owning catches up by year 16

With 20% down ($139,600) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $49,761
Principal paid off by year 10 $111,896

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.

Renting 232 5555 Victoria Drive, Vancouver is cheaper at first, but owning catches up by year 16, with $49,761 of principal paid off by year 5 and $111,896 by year 10.

Price vs Neighbourhood Average — Victoria VE, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $698,000
Vancouver Loading...
Victoria VE Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar apartments/condos average $1,167,631 across 10 active listings — this listing is 40.2% below the Vancouver average. This property is flagged as a Hot Deal (6.7% price reduction, 40.2% cheaper than comparables) based on its competitive pricing and market demand.

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 232 5555 Victoria Drive

Walk Score Badge
Walker's Paradise 94

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Good Transit 67

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Very Bikeable 81

Bike Score - Very Bikeable

Biking is convenient for most trips

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