511 E Georgia St, Vancouver BC - Land for Sale - MLS# R3164120

12 days on the market
$948,000
Est. Mortgage $4,194/mo
Listing updated:
EstateBlock checked:
0 sqft
62.6% cheaper than comps
12 days on the market
$948,000
Est. $4,194/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 511 E Georgia Street

62.6% cheaper than comps

THE HARD PART IS DONE. A rare opportunity to create three new homes in the heart of Strathcona, just blocks from downtown and the new St. Paul’s Hospital. Development permits and plans are in place for 3,028 sq.ft. of buildable space: two homes fronting East Georgia plus a laneway home and garage. Strathcona is one of Vancouver’s most distinctive neighbourhoods, known for its heritage homes, tree-lined streets and genuine sense of community. With limited supply of smaller-format homes and a major new medical campus opening nearby, the timing and location are hard to beat. Gastown, Railtown, Main Street and Commercial Drive are all close at hand. Take it through building permit and start building. Three homes. One exceptional location.

Exterior Features

Structures Land Only

Building Details

Price $948,000
Property Type Land
Ownership Type Freehold NonStrata
Community Features Near Shopping
Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone At Lot Line, Cable At Lot Line
Water (WaterSource) Public

Lot & Land

Lot Size 3050
Lot Size Depth Feet
Lot Size Frontage 25
MLS® # R3164120
Area Vancouver East
Neighbourhood Strathcona
City Vancouver
Postal Code V6A 1Z8
Gross Taxes $5,442.45
Zoning RT-3

Property Timeline

Status Date Price
R3164120 / Active 09-09-2026 $948,000
to view full Property History (2 earlier records)

Listed by: Oakwyn Realty Ltd. & Oakwyn Realty Ltd. & 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.

Map & Neighbourhood

Public Schools

Secondary
Britannia Community Secondary School
Average 1.66 km 5/10
Elementary
Lord Strathcona Community Elementary School
Below Average 1.61 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
St. Francis Xavier
Above Average 1.35 km 9.6/10
Secondary
Columbia College
0.8 km

Closest Transit

Bus Stop
Westbound Prior St @ Jackson Ave
0.23 km
Skytrain
Skytrain @ Main Street Stn
0.81 km

Crime Rate

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

Demographics

Post-Secondary Education
Average 27.9%
No Certificate/Degree
Above Average 25.6%
Owner Occupied
Average 65%
Employment Rate
Average 55.2%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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

74 / 100
Overall sell-speed score
Likely within weeks
A+
Price competition grade
Avg comparable: $1,541,448
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.81 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How STRATHCONA compares
This property
12 DOM
Listed
Strathcona avg
Vancouver avg

511 E Georgia Street has a sell-speed score of 74/100, placing it in the "Expected to sell within weeks" band. The listing is priced 62.6% below comparable active properties in Strathcona, 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 1Z8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6A 1Z8, 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 (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~2.3 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 (94 nearby)

  • Hunnybee bruncheonette · 309 m · Restaurant
  • Oyster express · 314 m · Restaurant
  • Addah · 336 m · Restaurant

Shopping (87 nearby)

  • Benny's market · 173 m · General
  • Gore street vintage · 299 m · Clothes
  • Trackstand cycleworks · 308 m · Bicycle Shop

Groceries (33 nearby)

  • Princess market · 313 m · Convenience
  • Money foods enterprises · 325 m · Butcher
  • Tin lee market · 329 m · Greengrocer

Cafes (26 nearby)

  • Finch's market · 20 m · Cafe
  • Tasty market and cafe · 300 m · Cafe
  • Eden · 347 m · Cafe

Healthcare (13 nearby)

  • Eastside pharmacy ltd. · 321 m · Healthcare
  • Corning drugs · 387 m · Healthcare
  • Carerx · 482 m · Healthcare

Transit (2 nearby)

  • Bus stop main street-science world station @ bay 3 · 735 m · Transit
  • Skytrain @ main street stn station · 811 m · Transit

Gyms (1 nearby)

  • Stretch yoga studio · 568 m · Gym

Schools NearBy

39 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Columbia College

Independent

Grades Served

11-12

Catchment Info

0

Distance

805 m

Admiral Seymour Elementary School

Public

Grades Served

K-7

Catchment Info

0

Distance

934 m

Sino Bright School BC

Independent

Grades Served

10-12

Catchment Info

4.3 / 10

Distance

1.34 KM

St. Francis Xavier

Independent

Grades Served

K-7

Catchment Info

9.6 / 10

Distance

1.35 KM

St Francis Xavier

Independent

Grades Served

Catchment Info

9.6 / 10

Distance

1.37 KM

The Westside School

Independent

Grades Served

K-9

Catchment Info

8.8 / 10

Distance

1.48 KM

Lowell High School

Independent

Grades Served

10-12

Catchment Info

0

Distance

1.57 KM

Lord Strathcona Community Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
2.1 / 10

Distance

1.61 KM

Alexander Academy

Independent

Grades Served

8-12

Catchment Info

6.1 / 10

Distance

1.63 KM

Mount Pleasant Elementary School

Public

Grades Served

K-7

Catchment Info

5.3 / 10

Distance

1.64 KM

Britannia Community Elementary School

Public

Grades Served

K-7

Catchment Info

5.9 / 10

Distance

1.65 KM

Britannia Community Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
5.0 / 10

Distance

1.66 KM

Columbia Academy

Independent

Grades Served

10-12

Catchment Info

0

Distance

1.67 KM

Madrona School

Independent

Grades Served

K-9

Catchment Info

8.3 / 10

Distance

1.90 KM

Franklin School

Independent

Grades Served

Catchment Info

4.1 / 10

Distance

1.90 KM

St.Patrick Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

6.9 / 10

Distance

2.04 KM

St Francis of Assisi

Independent

Grades Served

K-7

Catchment Info

8.9 / 10

Distance

2.04 KM

Florence Nightingale Elementary School

Public

Grades Served

K-7

Catchment Info

7.0 / 10

Distance

2.06 KM

Claren Academy

Independent

Grades Served

Catchment Info

9.0 / 10

Distance

2.07 KM

St Patrick's

Independent

Grades Served

Catchment Info

8.3 / 10

Distance

2.20 KM

St.Patrick's Elementary School

Independent

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.22 KM

Eaton Arrowsmith School (Vancouver) Ltd

Independent

Grades Served

Catchment Info

0

Distance

2.25 KM

Elsie Roy Elementary School

Public

Grades Served

K-7

Catchment Info

6.8 / 10

Distance

2.26 KM

Queen Victoria Annex

Public

Grades Served

K-5

Catchment Info

6.4 / 10

Distance

2.30 KM

Pattison High School

Independent

Grades Served

9-12

Catchment Info

0

Distance

2.32 KM

Templeton Secondary School

Public

Grades Served

8-12

Catchment Info

6.7 / 10

Distance

2.38 KM

Lord Nelson Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

2.54 KM

Lord Nelson Elementary

Public

Grades Served

Catchment Info

6.9 / 10

Distance

2.55 KM

Simon Fraser Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.63 KM

Charles Dickens Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

2.72 KM

False Creek Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

2.75 KM

Canada Royal Arts High School

Independent

Grades Served

Catchment Info

4.6 / 10

Distance

2.76 KM

False Creek Elementary

Public

Grades Served

Catchment Info

6.0 / 10

Distance

2.76 KM

Tillicum Community Annex

Public

Grades Served

K-4

Catchment Info

7.4 / 10

Distance

2.88 KM

Stratford Hall School

Independent

Grades Served

K-12

Catchment Info

8.7 / 10

Distance

2.92 KM

Stratford Hall

Independent

Grades Served

Catchment Info

8.7 / 10

Distance

2.96 KM

Laura Secord Elementary School

Public

Grades Served

K-7

Catchment Info

7.1 / 10

Distance

2.97 KM

St.Joseph's School

Independent

Grades Served

K-7

Catchment Info

8.1 / 10

Distance

2.98 KM

Blessed Sacrament School

Independent

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

2.98 KM

Pre-computed routes from 511 E Georgia St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Main Street → Waterfront
    19 min
  • Metrotown, Burnaby via Main Street → Metrotown
    25 min
  • SFU Burnaby via Main Street → Production Way
    32 min
  • Richmond Centre via Main Street → Brighouse
    44 min
  • YVR Airport via Main Street → YVR-Airport
    45 min

By car (off-peak)

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

Calculate your commute

511 E Georgia St, Vancouver, BC is ideally located for commuters. The property is 0.8 km from Main Street, with a 19 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Prior St @ Jackson Ave (0.23 km). Walk Score Transit rating: Rider's Paradise (91/100).

Walkability & Transit Near 511 E Georgia Street

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 91

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
94

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 511 E Georgia Street

2026 assessed value, sourced from City of Vancouver open data (PID 015-565-980).
Total Assessed Value (2026)
$1,452,000
-6.8% YoY
-0.7%/yr over 4 yr
2022 Value Trend 2026
Land
$1,452,000
Buildings
$0
Year Built
N/A
Class
Residential
Zoning
RT-3
Property Tax
$5,442
Year Land Improvements Total Assessed YOY Change
2026 $1,452,000 $0 $1,452,000
-6.8%
2025 $1,558,000 $0 $1,558,000
-4.4%
2024 $1,630,000 $0 $1,630,000
+4.0%
2023 $1,568,000 $0 $1,568,000
+4.9%
2022 $1,495,000 $0 $1,495,000

Mortgage Calculator for 511 E Georgia Street

/month
Principal & Interest
Property Taxes $454
Maintenance fee 0
Financing 80% of the $948,000 asking price over 30 years at 4% results in approximately $4,075/month in total estimated carrying costs, $454 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 $3,241/month in rental income, leaving a -$992/month cashflow at current carrying costs. Investors targeting break-even would need roughly 42% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 511 E Georgia 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 — Strathcona, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $948,000
Vancouver Loading...
Strathcona Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar properties average $2,532,667 across 4 active listings — this listing is 62.6% below the Vancouver average. This property is flagged as a Hot Deal (62.6% cheaper than comparables) 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 511 E Georgia Street

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 91

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
94

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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