Home Vancouver, BC Southlands 5768 Wallace Street

5768 Wallace St, Vancouver BC - Single Family Residence for Sale - MLS# R2786156

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Listing updated: Jul 1, 2025 at 11:03am

EstateBlock checked: Sep 14, 2026 at 09:20pm

6 Beds

6 Baths

5228 sqft

1031 $ /sqft

2014 built

Closed

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This property sold for

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Listing updated: Jul 1, 2025 at 11:03am

EstateBlock checked: Sep 14, 2026 at 09:20pm

Photo

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Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

Public Schools

Secondary
Point Grey Secondary School: 2.75 km
Elementary
Southlands Elementary School: Average 0.67 km 5.7/10

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

Private Schools

Elementary, Secondary
Crofton House: 0.97 km
Elementary, Secondary
Crofton House: 0.97 km

Closest Transit

Bus Stop
Eastbound W 41 Ave @ Wallace St: 0.06 km
Skytrain
Skytrain @ Yvr-Airport Stn: 4.55 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 52.6%
No Certificate/Degree: Below Average 6.8%
Owner Occupied: Below Average 38.8%
Employment Rate: Average 65.6%

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

42 / 100

Overall sell-speed score

May take longer

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Price competition grade

No comparable data

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 4.55 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 SOUTHLANDS compares

This property

48 DOM

Very fast

Southlands avg

67 DOM

Average

Vancouver avg

67 DOM

Slower market

5768 Wallace Street has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 9.2% and an area average of 67 days on market — buyers have more leverage. With only 542 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V6N 2A4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6N 2A4, 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 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Vancouver International Airport #2, Richmond (~6 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

Shopping (9 nearby)

Shell car wash · 405 m · Car Wash
Pressed4time · 439 m · Laundry
Blink beauty bar · 500 m · Beauty Shop

Restaurants (4 nearby)

Pink elephant cafe · 402 m · Restaurant
Papa john's · 411 m · Fast Food
Red tuna · 443 m · Restaurant

Groceries (3 nearby)

New district wine beer spirits · 409 m · Beverages
H-mart · 414 m · Supermarket
Bread culture · 428 m · Bakery

Healthcare (1 nearby)

Southland pharmacy · 522 m · Healthcare

Transit (1 nearby)

Bus stop southbound dunbar st @ w 33 ave · 952 m · Transit

Schools NearBy

16 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Southlands Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.3 / 10	Distance 665 m
Crofton House	Independent	Grades Served K-12	Catchment Info —	9.5 / 10	Distance 972 m
Kerrisdale Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.18 KM
Dr. George M. Weir Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 1.47 KM
St George's School	Independent	Grades Served 1-12	Catchment Info —	9.4 / 10	Distance 1.61 KM
Lord Kitchener Elementary School	Public	Grades Served K-7	Catchment Info —	8.2 / 10	Distance 1.93 KM
Trafalgar Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.56 KM
Queen Elizabeth Elementary School	Public	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.66 KM
Prince of Wales Secondary School	Public	Grades Served 8-12	Catchment Info —	8.4 / 10	Distance 2.70 KM
Lord Byng Secondary School	Public	Grades Served 8-12	Catchment Info —	8.1 / 10	Distance 2.71 KM
Point Grey Secondary	Public	Grades Served —	Catchment Info —	8.2 / 10	Distance 2.72 KM
Point Grey Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	8.2 / 10	Distance 2.75 KM
Carnarvon Community Elementary	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.79 KM
Quilchena Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.87 KM
Magee Secondary School	Public	Grades Served 8-12	Catchment Info —	7.6 / 10	Distance 2.89 KM
Maple Grove Elementary School	Public	Grades Served K-7	Catchment Info —	7.7 / 10	Distance 2.97 KM

Pre-computed routes from 5768 Wallace St, Vancouver, BC

5768 Wallace St, Vancouver, BC YVR-Airport 4.5 km

84 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via YVR-Airport → Waterfront
84 min
Metrotown, Burnaby via YVR-Airport → Metrotown
102 min
SFU Burnaby via YVR-Airport → Production Way
109 min
Richmond Centre via YVR-Airport → Brighouse
71 min
YVR Airport
58 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
10 min
Metrotown, Burnaby via Lougheed Hwy
16 min
SFU Burnaby via Gaglardi Way
24 min
Richmond Centre via No. 3 Rd
10 min
YVR Airport via Bridgeport / Sea Island
5 min

Calculate your commute

5768 Wallace St, Vancouver, BC is ideally located for commuters. The property is 4.5 km from YVR-Airport, with a 84 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound W 41 Ave @ Wallace St (0.06 km).

Mortgage Calculator for 5768 Wallace Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $1,549

Maintenance fee 0

A 20% down payment of $1,077,600 on this $5,388,000 listing yields an estimated mortgage of $20,579/month (30-year fixed, 4%). Total estimated housing cost: $22,128/month, $1,549 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: Jul 1, 2025

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

With $11,260/month in estimated rental income against $22,464/month in mortgage payments, the monthly cashflow is -$11,204/month. A 64% 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 5768 Wallace Street, Vancouver

Buy Vs Rent Calculator

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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.