2561 Mcgill St, Vancouver BC - Single Family Residence for Sale - MLS# R3146568

53 days on the market
$1,500,000
Est. Mortgage $6,636/mo
Listing updated:
EstateBlock checked:
4 Beds
2 Baths
1537 sqft
976 $ /sqft
1925 built
30% cheaper than comps
53 days on the market
$1,500,000
Est. $6,636/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 2561 Mcgill Street

30% cheaper than comps

Attention builders, investors and dream home buyers! Exceptional opportunity on a level 4,092 sq. ft. lot with beautiful North Shore mountain views. This 2-level home has lot of updates including new furnace, hot water tank, roof., floors, paint and appliances. Generating over $4K per month in rental income. It offers excellent holding potential while you plan your future. Whether you're looking for a starter home, investment property or future custom build, this property provides outstanding flexibility. Located in a desirable family-friendly neighbourhood, enjoy nearby waterfront walking trails, parks, schools, easy access to Hwy 1 and downtown Vancouver, plus the convenience of being next to the PNE. A rare opportunity with strong income potential and future possibilities.

Interior Features

Basement Finished Area (sqft) 744
Basement Features Full, Finished, Exterior Entry
Appliances Included Washer, Dryer, Dishwasher, Refrigerator, Stove
Fireplace 0
Heating Type Natural Gas
# of Kitchens 2
Flooring Laminate, Tile, Carpet
Foundation Concrete Perimeter

Exterior Features

View Description Northshore Mountains
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,500,000
Total Bedrooms 4
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1537
Year Built 1925
Age Of Building 101
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Carport Single, Front Access, Concrete
Total Parking Spaces 2
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 4092
Lot Size Depth Feet
Lot Size Frontage 33
MLS® # R3146568
Area Vancouver East
Neighbourhood Hastings Sunrise
City Vancouver
Postal Code V5K 1G9
Gross Taxes $7,133.76
Zoning R1-1

Property Timeline

Status Date Price
R3146568 / Active 07-15-2026 $1,500,000
Rooms
Floor Type Dimensions
Main Level Living Room 13'7 x 13'7 ft
Main Level Bedroom 11'5 x 11'5 ft
Main Level Bedroom 11'5 x 11'5 ft
Main Level Kitchen 15'3 x 15'3 ft
Below Laundry 7'5 x 7'5 ft
Basement Level Living Room 11'2 x 11'2 ft
Basement Level Bedroom 15'2 x 15'2 ft
Basement Level Bedroom 11'1 x 11'1 ft
Basement Level Kitchen 11'8 x 11'8 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Basement No #3

Listed by: Multiple 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.

Map & Neighbourhood

Public Schools

Elementary
Hastings Community Elementary School
Average 0.73 km 6.4/10
Secondary
Templeton Secondary School
Average 1.25 km 6.7/10

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

Private Schools

Elementary, Secondary
West Coast Christian School
Average 0.77 km 6/10
Elementary, Secondary
West Coast Christian School
Average 0.77 km 6/10

Closest Transit

Bus Stop
Westbound McGill St @ N Penticton St
0.06 km
Skytrain
Skytrain @ Commercial-Broadway Stn
3.19 km

Crime Rate

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

Demographics

Post-Secondary Education
Average 31.5%
No Certificate/Degree
Above Average 15.5%
Owner Occupied
Average 63.3%
Employment Rate
Below Average 46.2%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Possible
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: $1,950,000
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Possible — near transit
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How HASTINGS SUNRISE compares
This property
53 DOM
Listed
Hastings Sunrise avg
Vancouver avg

2561 Mcgill Street has a sell-speed score of 74/100, placing it in the "Expected to sell within weeks" band. The listing is priced 30% below comparable active properties in Hastings Sunrise, 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 V5K 1G9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5K 1G9, 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 5.3 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: North Vancouver Second Narrows, North Vancouver (~2.8 km). Annual avg AQHI 1.9 — 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 (28 nearby)

  • Pho dundas · 784 m · Restaurant
  • Freshslice pizza · 855 m · Fast Food
  • Sushi nanaimo · 856 m · Restaurant

Shopping (27 nearby)

  • Bmo · 855 m · Bank
  • Td canada trust · 862 m · Bank
  • Hi-care vision centre · 868 m · Optician

Groceries (13 nearby)

  • Templeton market · 572 m · Convenience
  • Dundas market · 660 m · Convenience
  • Moet's convenience stores · 760 m · Convenience

Cafes (13 nearby)

  • Far out coffee post · 667 m · Cafe
  • Mercado · 871 m · Cafe
  • Laughing bean coffee co. · 880 m · Cafe

Healthcare (4 nearby)

  • London drugs · 923 m · Healthcare
  • Pharmachoice · 957 m · Healthcare
  • Shoppers drug mart · 959 m · Healthcare

Transit (1 nearby)

  • Bus stop westbound e hastings st @ templeton dr · 997 m · Transit

Schools NearBy

21 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Tillicum Community Annex

Public

Grades Served

K-4

Catchment Info

7.4 / 10

Distance

323 m

Hastings Community Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
6.4 / 10

Distance

734 m

West Coast Christian School

Independent

Grades Served

K-12

Catchment Info

6.0 / 10

Distance

768 m

Our Lady Of Sorrows

Independent

Grades Served

Catchment Info

9.7 / 10

Distance

1.05 KM

Our Lady of Sorrows School

Independent

Grades Served

K-7

Catchment Info

9.7 / 10

Distance

1.10 KM

Templeton Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.7 / 10

Distance

1.25 KM

Dr. A. R. Lord Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

1.43 KM

Notre Dame Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

7.8 / 10

Distance

1.55 KM

St Francis of Assisi

Independent

Grades Served

K-7

Catchment Info

8.9 / 10

Distance

1.60 KM

Lord Nelson Elementary

Public

Grades Served

Catchment Info

6.9 / 10

Distance

1.87 KM

Lord Nelson Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

1.89 KM

Britannia Community Secondary School

Public

Grades Served

8-12

Catchment Info

5.0 / 10

Distance

1.92 KM

Britannia Community Elementary School

Public

Grades Served

K-7

Catchment Info

5.9 / 10

Distance

2.07 KM

Sir John Franklin Community School

Public

Grades Served

K-7

Catchment Info

6.7 / 10

Distance

2.08 KM

Admiral Seymour Elementary School

Public

Grades Served

K-7

Catchment Info

0

Distance

2.27 KM

Chief Maquinna Elementary School

Public

Grades Served

K-7

Catchment Info

7.5 / 10

Distance

2.33 KM

Queen Victoria Annex

Public

Grades Served

K-5

Catchment Info

6.4 / 10

Distance

2.58 KM

Norval-Morrisseau

Public

Grades Served

Catchment Info

0

Distance

2.61 KM

North Star Montessori Elementary School

Independent

Grades Served

K

Catchment Info

0

Distance

2.75 KM

Gilmore Community Elementary School

Public

Grades Served

K-7

Catchment Info

7.5 / 10

Distance

2.92 KM

Ridgeway Elementary School

Public

Grades Served

K-7

Catchment Info

6.4 / 10

Distance

2.98 KM

Pre-computed routes from 2561 Mcgill St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Commercial-Broadway → Waterfront
    50 min
  • Metrotown, Burnaby via Commercial-Broadway → Metrotown
    50 min
  • SFU Burnaby via Commercial-Broadway → Production Way
    57 min
  • Richmond Centre via Commercial-Broadway → Brighouse
    75 min
  • YVR Airport via Commercial-Broadway → YVR-Airport
    76 min

By car (off-peak)

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

Calculate your commute

2561 Mcgill St, Vancouver, BC is ideally located for commuters. The property is 3.2 km from Commercial-Broadway, with a 50 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound McGill St @ N Penticton St (0.06 km). Walk Score Transit rating: Good Transit (60/100).

Walkability & Transit Near 2561 Mcgill Street

Walk Score Badge
Car-Dependent 78

Walk Score - Very Walkable

Most 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
80

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 2561 Mcgill Street

2026 assessed value, sourced from City of Vancouver open data (PID 015-730-000).
Total Assessed Value (2026)
$1,370,000
-7.2% YoY
+0.3%/yr over 4 yr
2022 Value Trend 2026
Land
$1,353,000
Buildings
$17,000
Year Built
1925
Class
Residential Inclusive
Zoning
R1-1
Property Tax
$7,234
Year Land Improvements Total Assessed YOY Change
2026 $1,353,000 $17,000 $1,370,000
-7.2%
2025 $1,458,000 $18,700 $1,476,700
-0.5%
2024 $1,466,000 $18,300 $1,484,300
0.0%
2023 $1,466,000 $18,600 $1,484,600
+9.7%
2022 $1,333,000 $19,900 $1,352,900

Mortgage Calculator for 2561 Mcgill Street

/month
Principal & Interest
Property Taxes $594
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($300,000), the estimated monthly payment for this listing is $6,323/month — $5,729 principal & interest, $594 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.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $5,415/month, this property runs a $1,099/month shortfall after mortgage and carrying costs. Break-even requires approximately 36% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 2561 Mcgill Street, Vancouver

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

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 — Hastings Sunrise, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,500,000
Vancouver Loading...
Hastings Sunrise Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $2,142,667 across 3 active listings — this listing is 30% below the Vancouver average. This property is flagged as a Hot Deal (30% 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 Real Estate Board of Greater Vancouver 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 2561 Mcgill Street

Walk Score Badge
Car-Dependent 78

Walk Score - Very Walkable

Most 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
80

Bike Score - Very Bikeable

Biking is convenient for most trips

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