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.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Full |
| Heating Type | Hot Water |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Mixed |
| Foundation | Concrete Perimeter |
| Roof | Asphalt |
|---|---|
| Structures | Residential Detached |
| 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 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 |
| Status | Date | Price |
|---|---|---|
| R3167501 / Active | 09-21-2026 | $1,574,800 |
| 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 |
| 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.
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
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.
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).
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 (~2.6 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 |
Distance435 m
|
West Coast Christian School |
Independent |
Grades ServedK-12
|
Catchment Info—
|
6.0 / 10 |
Distance746 m
|
Hastings Community Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
6.4 / 10 |
Distance794 m
|
Our Lady Of Sorrows |
Independent |
Grades Served—
|
Catchment Info—
|
9.7 / 10 |
Distance1.11 KM
|
Our Lady of Sorrows School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
9.7 / 10 |
Distance1.16 KM
|
Templeton Secondary School |
Public |
Grades Served8-12
|
Catchment InfoIn Catchment
|
6.7 / 10 |
Distance1.36 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 |
Distance1.58 KM
|
St Francis of Assisi |
Independent |
Grades ServedK-7
|
Catchment Info—
|
8.9 / 10 |
Distance1.72 KM
|
Lord Nelson Elementary |
Public |
Grades Served—
|
Catchment Info—
|
6.9 / 10 |
Distance1.97 KM
|
Lord Nelson Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.9 / 10 |
Distance1.98 KM
|
Sir John Franklin Community School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.7 / 10 |
Distance2.02 KM
|
Britannia Community Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
5.0 / 10 |
Distance2.04 KM
|
Britannia Community Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
5.9 / 10 |
Distance2.19 KM
|
Admiral Seymour Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
0 |
Distance2.39 KM
|
Chief Maquinna Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
7.5 / 10 |
Distance2.40 KM
|
North Star Montessori Elementary School |
Independent |
Grades ServedK
|
Catchment Info—
|
0 |
Distance2.65 KM
|
Norval-Morrisseau |
Public |
Grades Served—
|
Catchment Info—
|
0 |
Distance2.66 KM
|
Queen Victoria Annex |
Public |
Grades ServedK-5
|
Catchment Info—
|
6.4 / 10 |
Distance2.69 KM
|
Gilmore Community Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
7.5 / 10 |
Distance2.84 KM
|
Ridgeway Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.4 / 10 |
Distance2.93 KM
|
| 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 | — |
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