5 3586 Rainier Pl, Vancouver BC – Townhouse for Sale – MLS® R3133655

5 3586 Rainier Place, Vancouver, British Columbia V5S 4T3

135 days on the market
$699,000
Est. Mortgage $3,092/mo
Listing updated:
EstateBlock checked:
The Sierrra
3 Beds
2 Baths
1417 sqft
493 $ /sqft
605.66 $ Maint. fee
1995 built
8.6% price reduction
135 days on the market
$699,000
$765,000
Est. $3,092/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 5 3586 Rainier Place

8.6% price reduction

Spacious 3 bed 2 bath Champlain Heights Townhouse at SIERRA BY POLYGON. This well kept townhouse in family friendly complex features well equipped kitchen overlooking the spacious living & dining rooms with soaring 10ft high ceiling allowing for lots of natural light while the living room walks out to nice patio that looks over calming greenery. Upstairs you will find 2 generously sized bedrooms that will both allow king sized beds & the main floor living also comes with conveniently located 3rd bedroom. Added bonus is large 5'8" high crawlspace for storage. Located close to shopping & transit and only paces away from River District makes this a home you don't want to miss.

Interior Features

Basement Finished Area (sqft) 118
Basement Features Crawl Space, Partially Finished
Fireplace 1
Heating Type Baseboard, Electric, Natural Gas
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
Roof Torch-On
Structures Residential Attached

Building Details

Price $699,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1417
Year Built 1995
Age Of Building 31
Building Type Townhouse
Property Type Residential
Stories 3
Building Amenities Trash, Maintenance Grounds, Management, Snow Removal
Building Name The Sierrra
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $605.66
Amenities Nearby Trash, Maintenance Grounds, Management, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Storm Sewer
Water (WaterSource) Public
Parking Type Additional Parking, Garage Under Building, Garage Single
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Number Limit (Two), Yes With Restrictions
Units In Development 68

Lot & Land

MLS® # R3133655
Area Vancouver East
Neighbourhood Champlain Heights
City Vancouver
Postal Code V5S 4T3
Gross Taxes $2,157.85
Zoning CD-1

Property Timeline

Status Date Price
R3133655 / Active 06-08-2026 $699,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Living Room 15'8 x 15'8 ft
Main Level Kitchen 9'7 x 9'7 ft
Above Level Bedroom 9'5 x 9'5 ft
Abv Main 2 Primary Bedroom 14'4 x 14'4 ft
Abv Main 2 Bedroom 10' x 10' ft
Below Storage 15' x 15' ft
Bathrooms
Floor Ensuite Pieces
Above Main 2 No #4
Above Main 2 Yes #4

Listed by: Oakwyn 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.

About the building: Sierra

3586 Rainier Place, Champlain Heights, Vancouver

Sierra building details

Building

Built
1995
Homes
68
Construction
Frame - Wood
Title
Leasehold prepaid-Strata
Strata plan
LMS1964
Managed by
Associa BC Property Management
Parking
Visitor Parking, Garage: Single
Lockers
Limited
Strata fee covers
ManagementGardeningGarbage Pickup

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 1
Rentals
Allowed

Market at Sierra

For sale
3
Median ask
$699K
Median $/sqft
$493
Days on market
84
Sold, past year
1
This home

$493/sqft, in line with the building median of $493.

  • Leasehold prepaid-Strata, not freehold strata. Ask for the lease expiry date, the prepaid rent position, and which lenders will finance it.

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

Map & Neighbourhood

Public Schools

Elementary
Champlain Heights Community Elementary School
Average 1.5 km 5.5/10
Secondary
Killarney Secondary School
Average 2.39 km 6.3/10

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 3.16 km 10/10
Elementary,Secondary
Choice School For Gifted Children
Above Average 4.69 km 10/10

Closest Transit

Bus Stop
Westbound SE Marine Dr @ City Edge Place
0.09 km
Skytrain
Skytrain @ Metrotown Stn
2.64 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 35.1%
No Certificate/Degree
Below Average 12.4%
Owner Occupied
Average 62.7%
Employment Rate
Above Average 66.4%

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

68 / 100
Overall sell-speed score
Likely within weeks
A
Price competition grade
Avg comparable: $837,402
—
Market conditions
Market conditions unavailable
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.64 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 CHAMPLAIN HEIGHTS compares
This property
135 DOM
Listed
Champlain Heights avg
—
—
Vancouver avg
—
—

5 3586 Rainier Place has a sell-speed score of 68/100, placing it in the "Expected to sell within weeks" band. The listing is priced 19.8% below comparable active properties in Champlain Heights, 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 V5S 4T3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5S 4T3, 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 4.4 µg/m³ — meets WHO 2021 guideline. Nearest station: Burnaby South, Burnaby (~3.1 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 (9 nearby)

  • Booster juice · 263 m · Fast Food
  • Sushi mura · 274 m · Restaurant
  • Local public eatery · 314 m · Restaurant

Shopping (8 nearby)

  • Td canada trust · 305 m · Bank
  • Shoppers drug mart · 349 m · Pharmacy
  • Prospera credit union · 355 m · Bank

Cafes (5 nearby)

  • Starbucks · 310 m · Cafe
  • Angus t bakery & cafe · 368 m · Cafe
  • Boketto dessert cafe · 385 m · Cafe

Groceries (4 nearby)

  • Shell · 286 m · Convenience
  • Save-on-foods · 290 m · Supermarket
  • Red square · 459 m · Bakery

Healthcare (1 nearby)

  • Shoppers drug mart · 349 m · Healthcare

Parks & Recreation (1 nearby)

  • Kinship housing co-operative playground · 914 m · Playground

Transit (1 nearby)

  • Bus stop eastbound maquinna dr @ stikine place · 993 m · Transit

Schools NearBy

15 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Champlain Heights Annex

Public

Grades Served

K-3

Catchment Info

—
N/A

Distance

822 m

Suncrest Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.4 / 10

Distance

1.09 KM

Captain James Cook Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

1.48 KM

Champlain Heights Community Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
5.5 / 10

Distance

1.50 KM

South Slope Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

1.91 KM

Anne-Hebert

Public

Grades Served

—

Catchment Info

—
7.6 / 10

Distance

1.92 KM

BC Provincial School For The Deaf Elementary

Public

Grades Served

—

Catchment Info

—
6.2 / 10

Distance

1.95 KM

Dr. H. N. MacCorkindale Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.4 / 10

Distance

2.29 KM

Killarney Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.3 / 10

Distance

2.39 KM

David Oppenheimer Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.3 / 10

Distance

2.39 KM

Nelson Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.1 / 10

Distance

2.47 KM

Sir Charles Kingsford-Smith School

Public

Grades Served

K-7

Catchment Info

—
5.4 / 10

Distance

2.63 KM

Sir Charles Kingsford-Smith

Public

Grades Served

—

Catchment Info

—
5.4 / 10

Distance

2.64 KM

Burnaby Youth Hub Secondary Program

Public

Grades Served

—

Catchment Info

—
2.7 / 10

Distance

2.71 KM

Sir James Douglas Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.6 / 10

Distance

2.88 KM

Pre-computed routes from 5 3586 Rainier Pl, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Metrotown → Waterfront
    53 min
  • Metrotown, Burnaby
    35 min
  • SFU Burnaby via Metrotown → Production Way
    55 min
  • Richmond Centre via Metrotown → Brighouse
    78 min
  • YVR Airport via Metrotown → YVR-Airport
    79 min

By car (off-peak)

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

Calculate your commute

5 3586 Rainier Pl, Vancouver, BC is ideally located for commuters. The property is 2.6 km from Metrotown, with a 53 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound SE Marine Dr @ City Edge Place (0.09 km). Walk Score Transit rating: Good Transit (52/100).

Walkability & Transit Near 5 3586 Rainier Place

Walk Score Badge
Car-Dependent 66

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 52

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
42

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 5 3586 Rainier Place

2026 assessed value, sourced from City of Vancouver open data (PID 023-076-771).
Total Assessed Value (2026)
$749,800
+8.4% YoY
+2.7%/yr over 4 yr
2022 Value Trend 2026
Land
$558,800
Buildings
$191,000
Year Built
1994
Class
Comprehensive Development
Zoning
CD-1 (139)
Property Tax
$2,522
Year Land Improvements Total Assessed YOY Change
2026 $558,800 $191,000 $749,800
+8.4%
2025 $539,000 $153,000 $692,000
-3.2%
2024 $557,000 $158,000 $715,000
+2.3%
2023 $545,000 $154,000 $699,000
+3.7%
2022 $480,000 $194,000 $674,000 —

Mortgage Calculator for 5 3586 Rainier Place

/month
Principal & Interest
Property Taxes $180
Maintenance fee 605.66
A 20% down payment of $139,800 on this $699,000 listing yields an estimated mortgage of $2,670/month (30-year fixed, 4%). Total estimated housing cost: $3,456/month, $180 property tax, $606 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
With $2,457/month in estimated rental income against $3,513/month in mortgage payments, the monthly cashflow is -$1,056/month. A 52% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 5 3586 Rainier Place, Vancouver

Buy Vs Rent Calculator

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

Rent vs own

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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 — Champlain Heights, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $699,000
Vancouver Loading...
Champlain Heights Loading...

Based on 6 comparable active townhouses in Champlain Heights, the average asking price is $871,864. This listing is priced 19.8% below the neighbourhood average. This property is flagged as a Hot Deal (8.6% price reduction) 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 5 3586 Rainier Place

Walk Score Badge
Car-Dependent 66

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 52

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
42

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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