Home Vancouver, BC South Vancouver Fraser Plaza 302 688 E 56th Avenue

302 688 E 56th Ave, Vancouver BC – Condo for Sale – MLS® R3140446

302 688 E 56th Avenue, Vancouver, British Columbia V5X 1R7

Vancouver Condos for Sale

118 days on the market

$524,988

Est. Mortgage $2,323/mo

Listing updated: Aug 7, 2026 at 06:22pm

EstateBlock checked: Oct 21, 2026 at 05:25am

Fraser Plaza

2 Beds

1 Baths

716 sqft

733 $ /sqft

407.65 $ Maint. fee

1997 built

19% cheaper than comps

Photos

Exterior photo of 302 688 E 56th Ave, Vancouver, BC – MLS® R3140446

Exterior Rear Photo of 302 688 E 56th Avenue, Vancouver, BC

Living Room Photo of 302 688 E 56th Avenue, Vancouver, BC

Family Room Photo of 302 688 E 56th Avenue, Vancouver, BC

Dining Area Photo of 302 688 E 56th Avenue, Vancouver, BC

Kitchen Photo of 302 688 E 56th Avenue, Vancouver, BC

Kitchen Island Photo of 302 688 E 56th Avenue, Vancouver, BC

Pantry Photo of 302 688 E 56th Avenue, Vancouver, BC

Breakfast Nook Photo of 302 688 E 56th Avenue, Vancouver, BC

Primary Bedroom Photo of 302 688 E 56th Avenue, Vancouver, BC

Primary Bathroom Photo of 302 688 E 56th Avenue, Vancouver, BC

Walk-In Closet Photo of 302 688 E 56th Avenue, Vancouver, BC

Bedroom 2 Photo of 302 688 E 56th Avenue, Vancouver, BC

Bedroom 3 Photo of 302 688 E 56th Avenue, Vancouver, BC

Bedroom 4 Photo of 302 688 E 56th Avenue, Vancouver, BC

Guest Bathroom Photo of 302 688 E 56th Avenue, Vancouver, BC

Powder Room Photo of 302 688 E 56th Avenue, Vancouver, BC

Office / Den Photo of 302 688 E 56th Avenue, Vancouver, BC

Loft / Bonus Room Photo of 302 688 E 56th Avenue, Vancouver, BC

Basement Recreation Room Photo of 302 688 E 56th Avenue, Vancouver, BC

Laundry Room Photo of 302 688 E 56th Avenue, Vancouver, BC

Mudroom Photo of 302 688 E 56th Avenue, Vancouver, BC

Entry Foyer Photo of 302 688 E 56th Avenue, Vancouver, BC

Hallway Photo of 302 688 E 56th Avenue, Vancouver, BC

2 bedrooms top floor condo. Open layout, in-suite laundry, renovated bathroom. Great location; measurement approximate. Owner occupied. Give plenty of time for showing. 10 minutes walk to John Henderson Elementary School. Quiet side of the building. View of Richmond. Pet allowed. Freshly painted recently, new microwave, blinds, lighting, kitchen counter and more. 1 secured parking & 1 locker plus storage or pantry inside the unit. Few minutes walk to 49th and Fraser. Restaurants and grocery in the area including Superstore to the South.

Interior Features

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

Exterior Features

Exterior Features	Balcony
View Description	RICHMOND
Structures	Multi Family, Residential Attached

Building Details

Price	$524,988
Total Bedrooms	2
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	716
Year Built	1997
Age Of Building	29
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Caretaker, Trash, Hot Water, Snow Removal
Building Name	Fraser Plaza
Ownership Type	Freehold Strata
Maintenance Fee	$407.65
Community Features	Restaurant, Shopping Nearby
Amenities Nearby	Caretaker, Trash, Hot Water, Snow Removal
Utility Type	Community, Electricity Connected, Water Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Garage Single, Rear Access, Side Access, Concrete, Garage Door Opener
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.
Pet Restrictions	Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Suites	Legal Suite
Units In Development	26

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3140446
Area	Vancouver East
Neighbourhood	South Vancouver
City	Vancouver
Postal Code	V5X 1R7
Gross Taxes	$1,718
Zoning	C-1

Property Timeline

Status	Date	Price
R3140446 / Active	06-25-2026	$524,988
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	13'2 x 13'2 ft
Main Level	Bedroom	11' x 11' ft
Main Level	Bedroom	11'10 x 11'10 ft
Main Level	Kitchen	7'10 x 7'10 ft
Main Level	Dining Room	7'3 x 7'3 ft
Main Level	Storage	6'9 x 6'9 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#3

Listed by: Parallel 49 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: Fraser Plaza

688 E 56th Avenue, Vancouver

Fraser Plaza building details

Building

Built: 1997
Homes: 18
Construction: Frame - Wood
Title: Freehold Strata
Strata plan: LMS2922
Managed by: Condex Property Management Ltd
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: ManagementHot WaterGasGardeningGarbage Pickup

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 1
Rentals: Allowed

Homes for sale at Fraser Plaza, Vancouver Recent sold listings in Fraser Plaza, Vancouver

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

Map & Neighbourhood

Public Schools

Secondary
John Oliver Secondary School: Average 1.55 km 5.5/10
Elementary
John Henderson Elementary School: Average 0.52 km 4.7/10

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

Private Schools

Elementary
St. Andrew's: Above Average 0.99 km 7.9/10
Secondary
Royal Canadian College: Average 2.38 km 5.6/10

Closest Transit

Bus Stop
Northbound Fraser St @ E 57 Ave: 0.04 km
Skytrain
Skytrain @ Langara-49Th Stn: 2.00 km

Crime Rate

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

Demographics

Post-Secondary Education: Average 28.6%
No Certificate/Degree: Above Average 18.7%
Owner Occupied: Below Average 42.6%
Employment Rate: Above Average 69.8%

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

67 / 100

Overall sell-speed score

Likely within weeks

Price competition grade

Avg comparable: $624,736

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Market conditions

Market conditions unavailable

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 2.00 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 VANCOUVER compares

This property

118 DOM

Listed

South Vancouver avg

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Vancouver avg

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302 688 E 56th Avenue has a sell-speed score of 67/100, placing it in the "Expected to sell within weeks" band. The listing is priced 19% below comparable active properties in South Vancouver, 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 V5X 1R7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5X 1R7, 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 (~4.7 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 (25 nearby)

Dosa hut · 10 m · Restaurant
New novelty restaurant · 557 m · Restaurant
Hometown pizza · 569 m · Fast Food

Shopping (22 nearby)

The ups store · 584 m · Post Office
Sikander hair styling · 611 m · Hairdresser
Rexall · 668 m · Pharmacy

Groceries (11 nearby)

Vancouver meat market · 539 m · Butcher
Fraserview meat shop · 577 m · Butcher
Garden fresh food & grocery · 706 m · Supermarket

Cafes (6 nearby)

Breka bakery & café · 696 m · Cafe
Starbucks · 702 m · Cafe
Broyé cafe & bakery · 835 m · Cafe

Healthcare (6 nearby)

Rexall · 668 m · Healthcare
Main care pharmacy · 795 m · Healthcare
Caretel medical clinic · 799 m · Healthcare

Transit (1 nearby)

Bus stop westbound se marine dr @ prince edward st · 992 m · Transit

Schools NearBy

33 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
John Henderson Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	4.7 / 10	Distance 518 m
Walter Moberly Elementary School	Public	Grades Served K-7	Catchment Info —	5.0 / 10	Distance 613 m
Pierre Elliott Trudeau Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 630 m
St. Andrew's	Independent	Grades Served K-7	Catchment Info —	7.9 / 10	Distance 988 m
St Andrew's	Independent	Grades Served —	Catchment Info —	7.9 / 10	Distance 989 m
Sir Sandford Fleming Elementary School	Public	Grades Served K-7	Catchment Info —	5.1 / 10	Distance 1.36 KM
Sir James Douglas Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 1.38 KM
J.W. Sexsmith Community Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 1.39 KM
David Thompson Secondary School	Public	Grades Served 8-12	Catchment Info —	7.0 / 10	Distance 1.52 KM
John Oliver Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	5.5 / 10	Distance 1.55 KM
Sir Alexander Mackenzie Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 1.78 KM
Sir Wm Van Horne Elementary School	Public	Grades Served K-7	Catchment Info —	7.2 / 10	Distance 1.81 KM
Qawsain Knowledge House	Independent	Grades Served K-3	Catchment Info —	N/A	Distance 1.85 KM
Sir James Douglas Elementary School	Public	Grades Served K-7	Catchment Info —	6.6 / 10	Distance 2.01 KM
Tecumseh Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 2.21 KM
des Colibris	Public	Grades Served —	Catchment Info —	9.9 / 10	Distance 2.24 KM
Kerrisdale Annex	Public	Grades Served K-2	Catchment Info —	N/A	Distance 2.32 KM
Dr Annie B Jamieson Elementary	Public	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.36 KM
Dr. Annie B. Jamieson Elementary School	Public	Grades Served K-7	Catchment Info —	8.3 / 10	Distance 2.38 KM
Royal Canadian College	Independent	Grades Served 9-12	Catchment Info —	5.6 / 10	Distance 2.38 KM
Tecumseh Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 2.40 KM
David Oppenheimer Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 2.48 KM
Sir Winston Churchill Secondary School	Public	Grades Served 8-12	Catchment Info —	8.1 / 10	Distance 2.50 KM
Sir Wilfrid Laurier Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.50 KM
Corpus Christi School	Independent	Grades Served K-7	Catchment Info —	10.0 / 10	Distance 2.52 KM
Sir Charles Kingsford-Smith	Public	Grades Served —	Catchment Info —	5.4 / 10	Distance 2.59 KM
Sir Richard McBride Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 2.60 KM
Sir Charles Kingsford-Smith School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 2.61 KM
General Brock Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 2.61 KM
Waverley Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.76 KM
King David High School	Independent	Grades Served 8-12	Catchment Info —	7.8 / 10	Distance 2.85 KM
Sir Richard McBride Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.90 KM
Robert J. Tait Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.98 KM

Pre-computed routes from 302 688 E 56th Ave, Vancouver, BC

302 688 E 56th Ave, Vancouver, BC Langara-49th 2.0 km

41 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Langara-49th → Waterfront
41 min
Metrotown, Burnaby via Langara-49th → Metrotown
59 min
SFU Burnaby via Langara-49th → Production Way
66 min
Richmond Centre via Langara-49th → Brighouse
38 min
YVR Airport via Langara-49th → YVR-Airport
39 min

By car (off-peak)

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

Calculate your commute

302 688 E 56th Ave, Vancouver, BC is ideally located for commuters. The property is 2.0 km from Langara-49th, with a 41 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Fraser St @ E 57 Ave (0.04 km). Walk Score Transit rating: Good Transit (58/100).

Walkability & Transit Near 302 688 E 56th Avenue

Car-Dependent 83

Walk Score - Very Walkable

Most errands can be accomplished on foot

Some Transit 58

Transit Score - Good Transit

Many nearby public transportation options

Somewhat
Bikeable 66

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 302 688 E 56th Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 023-861-487).

Total Assessed Value (2026)

$529,000

-4.0% YoY

+3.9%/yr over 4 yr

2022 Value Trend 2026

Land

$384,000

Buildings

$145,000

Year Built

1997

Class

Commercial

Zoning

C-1

Property Tax

$1,780

Year	Land	Improvements	Total Assessed	YOY Change
2026	$384,000	$145,000	$529,000	-4.0%
2025	$400,000	$151,000	$551,000	+1.8%
2024	$393,000	$148,000	$541,000	+4.6%
2023	$374,449	$143,000	$517,449	+14.0%
2022	$319,000	$135,000	$454,000	—

Mortgage Calculator for 302 688 E 56th Avenue

/month

Principal & Interest

Property Taxes $143

Maintenance fee 407.65

Financing 80% of the $524,988 asking price over 30 years at 4% results in approximately $2,556/month in total estimated carrying costs, $143 property tax, $408 maintenance 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

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

At $3,034/month estimated rental income and $2,608/month in total costs, projected cashflow is +$427/month.

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

Estateblock Rent Estimate for 302 688 E 56th Avenue, Vancouver

Buy Vs Rent Calculator

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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.