505 N Penticton St, Vancouver BC - Single Family Residence for Sale - MLS# R3167501

1 day on the market
$1,574,800
Est. Mortgage $6,967/mo
Listing updated:
EstateBlock checked:
2 Beds
1 Baths
2566 sqft
614 $ /sqft
1920 built
NEW Land Value only
1 day on the market
$1,574,800
Est. $6,967/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 505 N Penticton Street

Land Value only

Prime redevelopment opportunity in the highly desirable Hastings-Sunrise neighbourhood! Situated on a flat 39' × 99' lot (3,861 sq. ft.) with R1-1 zoning, this 99-year-old home is being sold primarily for land value. An excellent opportunity for builders, developers, or buyers looking to create a custom home in one of East Vancouver’s most sought-after communities. Gorgeous location close to parks, schools, shopping, restaurants, transit, and everyday amenities, with quick and convenient access to downtown Vancouver. Buyers to verify all redevelopment options with the City of Vancouver.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Full
Heating Type Hot Water
Laundry In Unit
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $1,574,800
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 2566
Year Built 1920
Age Of Building 106
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Open, Rear Access
Total Parking Spaces 4
Rental Suites None

Lot & Land

Lot Size 3861
Lot Size Depth Feet
Lot Size Frontage 39
MLS® # R3167501
Area Vancouver East
Neighbourhood Hastings Sunrise
City Vancouver
Postal Code V5K 3L7
Gross Taxes $7,761.13
Zoning R1-1

Property Timeline

Status Date Price
R3167501 / Active 09-21-2026 $1,574,800
Rooms
Floor Type Dimensions
Main Level Kitchen 0' x 0' ft
Main Level Dining Room 0' x 0' ft
Main Level Bedroom 0' x 0' ft
Above Level Bedroom 0' x 0' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Royal LePage West Real Estate Services

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 0.79 km 6.4/10
Secondary
Templeton Secondary School
Average 1.36 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 0.75 km 6/10
Elementary, Secondary
West Coast Christian School
Average 0.75 km 6/10

Closest Transit

Bus Stop
Westbound McGill St @ N Penticton St
0.1 km
Skytrain
Seabus Station @ Lonsdale Quay
3.24 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 24.5%
No Certificate/Degree
Above Average 22.5%
Owner Occupied
Below Average 49.2%
Employment Rate
Average 64.5%

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

No data
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
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 HASTINGS SUNRISE compares
This property
1 DOM
Listed
Hastings Sunrise avg
Vancouver avg

505 N Penticton Street has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5K 3L7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5K 3L7, 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 (~2.6 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

Shopping (19 nearby)

  • Five star coin laundry · 929 m · Laundry
  • Hi-care vision centre · 932 m · Optician
  • The learnary · 933 m · Gift Shop

Restaurants (14 nearby)

  • Pho dundas · 902 m · Restaurant
  • James on hastings chinese restaurant · 928 m · Restaurant
  • Freshslice pizza · 940 m · Fast Food

Groceries (8 nearby)

  • Templeton market · 689 m · Convenience
  • Dundas market · 778 m · Convenience
  • Moet's convenience stores · 878 m · Convenience

Cafes (6 nearby)

  • Far out coffee post · 786 m · Cafe
  • Laughing bean coffee co. · 931 m · Cafe
  • Mercado · 966 m · Cafe

Healthcare (1 nearby)

  • London drugs · 976 m · Healthcare

Transit (1 nearby)

  • Bus stop eastbound e hastings st @ nanaimo st · 995 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

435 m

West Coast Christian School

Independent

Grades Served

K-12

Catchment Info

6.0 / 10

Distance

746 m

Hastings Community Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
6.4 / 10

Distance

794 m

Our Lady Of Sorrows

Independent

Grades Served

Catchment Info

9.7 / 10

Distance

1.11 KM

Our Lady of Sorrows School

Independent

Grades Served

K-7

Catchment Info

9.7 / 10

Distance

1.16 KM

Templeton Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.7 / 10

Distance

1.36 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

1.58 KM

St Francis of Assisi

Independent

Grades Served

K-7

Catchment Info

8.9 / 10

Distance

1.72 KM

Lord Nelson Elementary

Public

Grades Served

Catchment Info

6.9 / 10

Distance

1.97 KM

Lord Nelson Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

1.98 KM

Sir John Franklin Community School

Public

Grades Served

K-7

Catchment Info

6.7 / 10

Distance

2.02 KM

Britannia Community Secondary School

Public

Grades Served

8-12

Catchment Info

5.0 / 10

Distance

2.04 KM

Britannia Community Elementary School

Public

Grades Served

K-7

Catchment Info

5.9 / 10

Distance

2.19 KM

Admiral Seymour Elementary School

Public

Grades Served

K-7

Catchment Info

0

Distance

2.39 KM

Chief Maquinna Elementary School

Public

Grades Served

K-7

Catchment Info

7.5 / 10

Distance

2.40 KM

North Star Montessori Elementary School

Independent

Grades Served

K

Catchment Info

0

Distance

2.65 KM

Norval-Morrisseau

Public

Grades Served

Catchment Info

0

Distance

2.66 KM

Queen Victoria Annex

Public

Grades Served

K-5

Catchment Info

6.4 / 10

Distance

2.69 KM

Gilmore Community Elementary School

Public

Grades Served

K-7

Catchment Info

7.5 / 10

Distance

2.84 KM

Ridgeway Elementary School

Public

Grades Served

K-7

Catchment Info

6.4 / 10

Distance

2.93 KM

Walkability & Transit Near 505 N Penticton Street

Walk Score Badge
Car-Dependent 72

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 58

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
63

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 505 N Penticton Street

2026 assessed value, sourced from City of Vancouver open data (PID 013-172-701).
Total Assessed Value (2026)
$1,583,300
-4.9% YoY
+0.8%/yr over 4 yr
2022 Value Trend 2026
Land
$1,535,000
Buildings
$48,300
Year Built
1920
Class
Residential Inclusive
Zoning
R1-1
Property Tax
$7,761
Year Land Improvements Total Assessed YOY Change
2026 $1,535,000 $48,300 $1,583,300
-4.9%
2025 $1,619,000 $45,400 $1,664,400
-0.9%
2024 $1,631,000 $48,700 $1,679,700
+3.3%
2023 $1,577,000 $48,400 $1,625,400
+6.1%
2022 $1,482,000 $49,800 $1,531,800

Mortgage Calculator for 505 N Penticton Street

/month
Principal & Interest
Property Taxes $647
Maintenance fee 0
Financing 80% of the $1,574,800 asking price over 30 years at 4% results in approximately $6,662/month in total estimated carrying costs, $647 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
This listing generates an estimated $3,889/month in rental income, leaving a -$2,937/month cashflow at current carrying costs. Investors targeting break-even would need roughly 60% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 505 N Penticton 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 $1,574,800
Vancouver Loading...
Hastings Sunrise Loading...

No active comparable properties are currently available for this property type in Vancouver. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (Land Value only) 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 505 N Penticton Street

Walk Score Badge
Car-Dependent 72

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 58

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
63

Bike Score - Bikeable

Some bike infrastructure

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