Home Vancouver, BC Downtown VE 55 Alexander 501 55 Alexander Street

501 55 Alexander St, Vancouver BC V6A 1B2 – Condo for Sale – MLS® R3181532

501 55 Alexander Street, Vancouver, British Columbia V6A 1B2

Vancouver Condos for Sale

1 day on the market

$425,000

Est. monthly cost $2,234/mo

Listing updated: Nov 4, 2026 at 09:35pm

EstateBlock checked: Nov 5, 2026 at 06:45am

55 Alexander

1 Beds

1 Baths

513 sqft

828 $ /sqft

393.44 $ Maint. fee

1999 built

NEW 21.4% cheaper than comps

Photos

Welcome home to 55 Alexander: a gas stove in the kitchen, a gas fireplace in the living room and harbour views from the roof. This bright fifth floor one bedroom (513sqft) is in a concrete, heritage style Gastown building with a brick facade and arched windows. The open kitchen has granite counters and opens to the living room. Freshly painted and move in ready, with laminate floors throughout, updated lighting and an updated Miele washer and dryer. Storage locker included, plus bike storage. The large common rooftop deck has unobstructed views over the water to the North Shore mountains, the backyard most downtown condos skip. Maple Tree Square is around the corner, Gastown’s restaurants and shops are at your door, and Waterfront Station is an easy walk. Available for immediate occupancy.

Building 25 fields Inside & out 10 fields Lot & land 7 fields

Building Details

Price	$425,000
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	513
Year Built	1999
Age Of Building	27
Building Type	Apartment/Condo
Property Type	Residential
Architecture Style	Loft/Warehouse Conv.
Stories	1
Building Amenities	Trash, Gas, Hot Water, Management, Recreation Facilities
Building Name	55 Alexander
Ownership Type	Freehold Strata
Maintenance Fee	$393.44
Amenities Nearby	Trash, Gas, Hot Water, Management, Recreation Facilities
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Sanitary Sewer
Water (WaterSource)	Public
Parking Type	None
Total Parking Spaces	0
Strata Restrictions	Pets Allowed,Rentals Allowed
Pet Restrictions	Cats OK, Dogs OK, Yes
Units In Development	38

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Interior Features	Elevator
Fireplace	1
Heating Type	Baseboard, Electric
# of Kitchens	1
Foundation	Slab

Exterior Features

View Description	City
Roof	Other
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3181532
Area	Vancouver East
Neighbourhood	Downtown VE
City	Vancouver
Postal Code	V6A 1B2
Gross Taxes	$1,535.31
Zoning	HA-2

Property Timeline

Status	Date	Price
R3181532 / Active	11-04-2026	$425,000

Rooms

Floor	Type	Dimensions
Main Level	Foyer	4'3 x 4'3 ft
Main Level	Living Room	20'10 x 20'10 ft
Main Level	Dining Room	5'7 x 5'7 ft
Main Level	Kitchen	9'2 x 9'2 ft
Main Level	Bedroom	9'6 x 9'6 ft
Main Level	Storage	7'4 x 7'4 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#3

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: 55 Alexander

55 Alexander Street, Downtown VE, Vancouver

55 Alexander building details

Building

Built: 2000
Homes: 38 in 8 storeys
Construction: Concrete
Title: Freehold Strata
Strata plan: LMS3926
Managed by: Atira
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: ManagementHot WaterGasGarbage Pickup

Bylaws on record

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

Market at 55 Alexander

For sale: 1
Median ask: $425K
Median $/sqft: $828
Days on market: 1
Sold, past year: 2

This home

$828/sqft, in line with the building median of $828.

Homes for sale at 55 Alexander, Vancouver Recent sold listings in 55 Alexander, Vancouver

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

Map, sell speed & climate

SkyTrain 0.63 km · Britannia Community Secondary School 5/10 · 2.5 km · crime average · sell-speed score 69/100 (likely within weeks) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (230 nearby)

Zoomak korean tavern · 19 m · Restaurant
Bar tartar · 24 m · Restaurant
The birds & the beets · 39 m · Restaurant

Shopping (221 nearby)

Stussy · 37 m · Clothes
Kimprints · 57 m · Gift Shop
Angel vancouver · 99 m · Clothes

Cafes (92 nearby)

Milano espresso lounge · 65 m · Cafe
L'apres midi patisserie · 138 m · Cafe
Nelson the seagull · 201 m · Cafe

Groceries (53 nearby)

Carrall supermarket · 177 m · Convenience
Cadeaux bakery · 195 m · Bakery
Vancity corner store · 240 m · Convenience

Healthcare (18 nearby)

Omnicare pharmacy ltd · 148 m · Healthcare
Srx pharmacy · 251 m · Healthcare
Owl drugs · 331 m · Healthcare

Transit (6 nearby)

Seabus station @ waterfront stn station · 629 m · Transit
West coast express @ waterfront stn station · 661 m · Transit
Bus stop southbound cambie st @ dunsmuir st · 671 m · Transit

Gyms (1 nearby)

Stretch yoga studio · 419 m · Gym

Public Schools

Secondary
Britannia Community Secondary School: Average 2.5 km 5/10
Elementary
Lord Strathcona Community Elementary School: Below Average 0.79 km 2.1/10

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

Private Schools

Elementary
The Westside School: Above Average 1.02 km 8.8/10
Secondary
Sino Bright School BC: Average 0.48 km 4.3/10

Closest Transit

Bus Stop
Westbound Powell St @ Columbia St: 0.05 km
Skytrain
Seabus Station @ Waterfront Stn: 0.63 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 33.2%
No Certificate/Degree: Average 12.7%
Owner Occupied: Above Average 85.8%
Employment Rate: Below Average 25.7%

Noise/ Power Lines

Road/Hwy Noise: Unlikely
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

69 / 100

Overall sell-speed score

Likely within weeks

A+

Price competition grade

Avg comparable: $540,725

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Possible — near transit

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How DOWNTOWN VE compares

This property

1 DOM

Listed

501 55 Alexander Street has a sell-speed score of 69/100, placing it in the "Expected to sell within weeks" band. The listing is priced 21.4% below comparable active properties in Downtown 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 V6A 1B2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6A 1B2, 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 (~3.2 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

30 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 481 m
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 783 m
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	2.1 / 10	Distance 788 m
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 902 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 991 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 1.02 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 1.05 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 1.05 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	N/A	Distance 1.46 KM
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 1.55 KM
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	N/A	Distance 1.62 KM
Admiral Seymour Elementary School	Public	Grades Served K-7	Catchment Info —	N/A	Distance 1.74 KM
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 1.92 KM
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 1.99 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.00 KM
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	N/A	Distance 2.15 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.28 KM
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 2.48 KM
King George Secondary School	Public	Grades Served 8-12	Catchment Info —	6.2 / 10	Distance 2.50 KM
Britannia Community Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	5.0 / 10	Distance 2.50 KM
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 2.51 KM
Britannia Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.51 KM
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 2.53 KM
Lord Roberts Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 2.58 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 2.65 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.66 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.67 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.68 KM
St Francis of Assisi	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 2.85 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.97 KM

Walkability & Transit Near 501 55 Alexander Street

Walker's Paradise 96

Walk Score - Walker's Paradise

Daily errands do not require a car

Rider's Paradise 100

Transit Score - Rider's Paradise

World-class public transportation

Biker's Paradise 96

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 501 55 Alexander Street

2026 assessed value, sourced from City of Vancouver open data (PID 024-544-051).

Total Assessed Value (2026)

$456,400

+5.8% YoY

+0.3%/yr over 4 yr

2022 Value Trend 2026

Land

$351,400

Buildings

$105,000

Year Built

1999

Class

Historical Area

Zoning

HA-2

Property Tax

$1,535

Year	Land	Improvements	Total Assessed	YOY Change
2026	$351,400	$105,000	$456,400	+5.8%
2025	$334,000	$97,300	$431,300	-6.4%
2024	$357,000	$104,000	$461,000	-2.7%
2023	$367,000	$107,000	$474,000	+5.1%
2022	$338,000	$113,000	$451,000	—

Costs & calculators

Monthly cost about $2,234/month · rent estimate $1,700/month · owning catches up with renting by year 8 · cash flow if rented −$668/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 501 55 Alexander Street

$2,234 /month

Principal & Interest $1,713

Property Taxes $128

Maintenance fee $393

The estimated monthly cost of 501 55 Alexander Street, Vancouver is $2,234: $1,713 principal and interest with 20% down over 30 years at 4.45%, plus $128 property tax and $393 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

−$668 /month

Mortgage Payment $1,713

Monthly Cash Flow −$668

Break Even Down Payment 52%

Cap Rate -1.9%

Cash on Cash -9.4%

If 501 55 Alexander Street, Vancouver were rented at $1,700 a month with 5% vacancy, it would fall $668 a month short of the mortgage and carrying costs; about 52% 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 501 55 Alexander Street, Vancouver

$1,700 / month

Rent $1,700

Own $2,234

Principal: $551/mo Interest, tax, insurance, fees: $1,683/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$461/mo (year 1) → ~$1,072/mo (year 20) → ~$1,599/mo (year 29).

Net cost to own at year 5 ~$1,683/mo About $17/mo less than renting

EstateBlock estimates 501 55 Alexander Street, Vancouver would rent for about $1,700 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: 501 55 Alexander Street

Rent vs own

Owning catches up by year 8

With 20% down ($85,000) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $30,299

Principal paid off by year 10 $68,132

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 501 55 Alexander Street, Vancouver is cheaper at first, but owning catches up by year 8, with $30,299 of principal paid off by year 5 and $68,132 by year 10.