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.
| 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 |
| View Description | Northshore Mountains |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| 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 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 |
| Status | Date | Price |
|---|---|---|
| R3146568 / Active | 07-15-2026 | $1,500,000 |
| 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 |
| 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
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.
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).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
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.
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.
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.
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.
21 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Tillicum Community Annex |
Public |
Grades ServedK-4
|
Catchment Info—
|
7.4 / 10 |
Distance323 m
|
Hastings Community Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
6.4 / 10 |
Distance734 m
|
West Coast Christian School |
Independent |
Grades ServedK-12
|
Catchment Info—
|
6.0 / 10 |
Distance768 m
|
Our Lady Of Sorrows |
Independent |
Grades Served—
|
Catchment Info—
|
9.7 / 10 |
Distance1.05 KM
|
Our Lady of Sorrows School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
9.7 / 10 |
Distance1.10 KM
|
Templeton Secondary School |
Public |
Grades Served8-12
|
Catchment InfoIn Catchment
|
6.7 / 10 |
Distance1.25 KM
|
Dr. A. R. Lord Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.0 / 10 |
Distance1.43 KM
|
Notre Dame Regional Secondary School |
Independent |
Grades Served8-12
|
Catchment Info—
|
7.8 / 10 |
Distance1.55 KM
|
St Francis of Assisi |
Independent |
Grades ServedK-7
|
Catchment Info—
|
8.9 / 10 |
Distance1.60 KM
|
Lord Nelson Elementary |
Public |
Grades Served—
|
Catchment Info—
|
6.9 / 10 |
Distance1.87 KM
|
Lord Nelson Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.9 / 10 |
Distance1.89 KM
|
Britannia Community Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
5.0 / 10 |
Distance1.92 KM
|
Britannia Community Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
5.9 / 10 |
Distance2.07 KM
|
Sir John Franklin Community School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.7 / 10 |
Distance2.08 KM
|
Admiral Seymour Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
0 |
Distance2.27 KM
|
Chief Maquinna Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
7.5 / 10 |
Distance2.33 KM
|
Queen Victoria Annex |
Public |
Grades ServedK-5
|
Catchment Info—
|
6.4 / 10 |
Distance2.58 KM
|
Norval-Morrisseau |
Public |
Grades Served—
|
Catchment Info—
|
0 |
Distance2.61 KM
|
North Star Montessori Elementary School |
Independent |
Grades ServedK
|
Catchment Info—
|
0 |
Distance2.75 KM
|
Gilmore Community Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
7.5 / 10 |
Distance2.92 KM
|
Ridgeway Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.4 / 10 |
Distance2.98 KM
|
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).
| 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 | — |
Buy Vs Rent Calculator
Rent vs own
—
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.
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