Home Vancouver, BC Fraser VE Magnolia PH5 702 E King Edward Avenue

PH5 702 E King Edward Ave, Vancouver BC V5V 0A9 – Condo for Sale – MLS® R3182110

PH5 702 E King Edward Avenue, Vancouver, British Columbia V5V 0A9

Vancouver Condos for Sale

2 days on the market

$669,000

Est. monthly cost $3,391/mo

Updated with MLS® - Nov 8, 2026 at 08:45am

Magnolia

2 Beds

2 Baths

757 sqft

884 $ /sqft

505.33 $ Maint. fee

2008 built

NEW

Photos

Penthouse living with an incredible private rooftop terrace and mountain view! This bright 2 bedroom, 2 bathroom suite offers a smart, open layout and an incredible 384 sq. ft. private terrace. The home features a functional kitchen with stainless steel appliances and granite counters, plus fantastic indoor/outdoor living with plenty of room to entertain, BBQ and relax. Set in the heart of a vibrant, walkable neighbourhood with great restaurants, cafés, shopping and everyday amenities just steps away. Excellent transit connections make getting Downtown, to the Canada Line or UBC easy. Complete with in-suite laundry, parking and storage. A fantastic home with an outdoor space you rarely find!

Building 26 fields Inside & out 13 fields Lot & land 8 fields

Building Details

Price	$669,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	757
Year Built	2008
Age Of Building	18
Building Type	Apartment/Condo
Property Type	Residential
Architecture Style	Penthouse
Stories	1
Building Amenities	Bike Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Water
Building Name	Magnolia
Ownership Type	Freehold Strata
Maintenance Fee	$505.33
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Water
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Garage Under Building, Lane Access
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Units In Development	42

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Elevator, Storage
Heating Type	Baseboard, Electric
Laundry	In Unit
# of Kitchens	1
Flooring	Laminate, Tile
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
View Description	Mountain
Roof	Torch-On
Structures	Multi Family, Residential Attached

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3182110
Area	Vancouver East
Neighbourhood	Fraser VE
City	Vancouver
Postal Code	V5V 0A9
Gross Taxes	$2,274.03
Zoning	C-2A

Property Timeline

Status	Date	Price
R3182110 / Active	11-06-2026	$669,000

Rooms

Floor	Type	Dimensions
Main Level	Primary Bedroom	17' x 17' ft
Main Level	Bedroom	11'3 x 11'3 ft
Main Level	Kitchen	13' x 13' ft
Main Level	Storage	4'11 x 4'11 ft
Main Level	Dining Room	7'5 x 7'5 ft
Main Level	Living Room	6'5 x 6'5 ft
Main Level	Patio	14'6 x 14'6 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4
Main Level	No	#4

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: Magnolia

702 E King Edward Avenue, Fraser VE, Vancouver

Magnolia building details

Building

Built: 2009
Homes: 42 in 4 storeys
Construction: Frame - Wood, Concrete
Title: Freehold Strata
Strata plan: BCS3261
Managed by: Pacific Dawn
Parking: Garage: Underground
Lockers: Limited
Strata fee covers: ManagementHot WaterGardeningGarbage Pickup

Bylaws on record

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

Market at Magnolia

For sale: 3
Median ask: $669K
Median $/sqft: $884
Days on market: 28

This home

$884/sqft, in line with the building median of $884.

Homes for sale at Magnolia, Vancouver Recent sold listings in Magnolia, Vancouver

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

Map, sell speed & climate

SkyTrain 1.85 km · crime average · sell-speed score 55/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (88 nearby)

Ace of fades barbershop · 39 m · Hairdresser
Fraser pharmachoice pharmacy · 102 m · Pharmacy
Frankly, · 107 m · Optician

Restaurants (81 nearby)

Subway · 17 m · Fast Food
Tasty planet indian restaurant · 68 m · Restaurant
Bar bravo · 73 m · Restaurant

Cafes (28 nearby)

Slo coffee · 27 m · Cafe
Eclettico art & coffee · 50 m · Cafe
Prado cafe · 105 m · Cafe

Groceries (20 nearby)

Bâtard · 134 m · Bakery
Goldieâs donut & bakery · 153 m · Bakery
Polonia sausage house · 164 m · Butcher

Healthcare (7 nearby)

Fraser pharmachoice pharmacy · 102 m · Healthcare
Fraser neighbourhood remedy'srx pharmacy · 735 m · Healthcare
Saigon pharmacy · 738 m · Healthcare

Transit (1 nearby)

Bus stop southbound knight st @ e king edward ave · 985 m · Transit

Public Schools

Elementary
Sir Richard McBride Elementary School: Average 1 km 6.9/10
Elementary
Sir Richard McBride Annex: 0.8 km

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

Private Schools

Elementary
St Patrick's: Above Average 1.52 km 8.3/10
Secondary
St.Patrick Regional Secondary School: Average 1.72 km 6.9/10

Closest Transit

Bus Stop
Eastbound E King Edward Ave @ Fraser St: 0.03 km
Skytrain
Skytrain @ King Edward Stn: 1.85 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 34.3%
No Certificate/Degree: Above Average 16.7%
Owner Occupied: Below Average 60.2%
Employment Rate: Above Average 66.3%

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

55 / 100

Overall sell-speed score

Moderate pace expected

B+

Price competition grade

Avg comparable: $731,000

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 1.85 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 FRASER VE compares

This property

2 DOM

Listed

PH5 702 E King Edward Avenue has a sell-speed score of 55/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 8.5% below comparable active properties in Fraser VE, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5V 0A9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5V 0A9, 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 (~1.6 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.

Schools NearBy

48 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Charles Dickens Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 550 m
David Livingstone Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 650 m
Sir Richard McBride Annex	Public	Grades Served K-3	Catchment Info In Catchment	N/A	Distance 797 m
Charles Dickens Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 913 m
Sir Richard McBride Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.9 / 10	Distance 1.00 KM
General Brock Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 1.07 KM
General Wolfe Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 1.15 KM
Lord Selkirk Annex	Public	Grades Served K-4	Catchment Info —	3.5 / 10	Distance 1.28 KM
Tyee Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.28 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 1.36 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 1.52 KM
Lord Selkirk Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 1.54 KM
St.Joseph's School	Independent	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 1.57 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.58 KM
Sir Alexander Mackenzie Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 1.58 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 1.65 KM
Tecumseh Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 1.71 KM
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 1.72 KM
John Oliver Secondary School	Public	Grades Served 8-12	Catchment Info —	5.5 / 10	Distance 1.76 KM
Stratford Hall	Independent	Grades Served —	Catchment Info —	8.7 / 10	Distance 1.77 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 1.77 KM
Stratford Hall School	Independent	Grades Served K-12	Catchment Info —	8.7 / 10	Distance 1.80 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.04 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.05 KM
Gladstone Secondary School	Public	Grades Served 8-12	Catchment Info —	6.0 / 10	Distance 2.05 KM
Gladstone Secondary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 2.05 KM
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 2.06 KM
Sir Wm Van Horne Elementary School	Public	Grades Served K-7	Catchment Info —	7.2 / 10	Distance 2.19 KM
St Andrew's	Independent	Grades Served —	Catchment Info —	7.9 / 10	Distance 2.39 KM
St. Andrew's	Independent	Grades Served K-7	Catchment Info —	7.9 / 10	Distance 2.39 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.43 KM
Tecumseh Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 2.47 KM
Laura Secord Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.54 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	N/A	Distance 2.61 KM
Sir Sandford Fleming Elementary School	Public	Grades Served K-7	Catchment Info —	5.1 / 10	Distance 2.62 KM
Vancouver Talmud Torah Elementary School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 2.67 KM
G. T. Cunningham Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 2.67 KM
Kerrisdale Annex	Public	Grades Served K-2	Catchment Info —	N/A	Distance 2.68 KM
Emily Carr Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.71 KM
Queen Victoria Annex	Public	Grades Served K-5	Catchment Info —	6.4 / 10	Distance 2.71 KM
Secondaire Jules-Verne	Public	Grades Served —	Catchment Info —	7.5 / 10	Distance 2.72 KM
Lord Beaconsfield Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.73 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	N/A	Distance 2.76 KM
Rose-des-vents	Public	Grades Served —	Catchment Info —	7.5 / 10	Distance 2.78 KM
John Henderson Elementary School	Public	Grades Served K-7	Catchment Info —	4.7 / 10	Distance 2.87 KM
John Norquay Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.88 KM
King David High School	Independent	Grades Served 8-12	Catchment Info —	7.8 / 10	Distance 2.94 KM
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	N/A	Distance 2.98 KM

Pre-computed routes from PH5 702 E King Edward Ave, Vancouver, BC

PH5 702 E King Edward Ave, Vancouver, BC King Edward 1.8 km

34 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via King Edward → Waterfront
34 min
Metrotown, Burnaby via King Edward → Metrotown
52 min
SFU Burnaby via King Edward → Production Way
59 min
Richmond Centre via King Edward → Brighouse
41 min
YVR Airport via King Edward → YVR-Airport
42 min

By car (off-peak)

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

Calculate your commute

PH5 702 E King Edward Ave, Vancouver, BC is ideally located for commuters. The property is 1.8 km from King Edward, with a 34 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound E King Edward Ave @ Fraser St (0.03 km). Walk Score Transit rating: Good Transit (57/100).

Walkability & Transit Near PH5 702 E King Edward Avenue

Walker's Paradise 93

Walk Score - Walker's Paradise

Daily errands do not require a car

Good Transit 57

Transit Score - Good Transit

Many nearby public transportation options

Very Bikeable 78

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — PH5 702 E King Edward Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 027-774-121).

Total Assessed Value (2026)

$676,000

-0.7% YoY

+1.1%/yr over 4 yr

2022 Value Trend 2026

Land

$435,000

Buildings

$241,000

Year Built

2008

Class

Commercial

Zoning

C-2

Property Tax

$2,274

Year	Land	Improvements	Total Assessed	YOY Change
2026	$435,000	$241,000	$676,000	-0.7%
2025	$438,000	$243,000	$681,000	-5.9%
2024	$466,000	$258,000	$724,000	+2.5%
2023	$454,000	$252,000	$706,000	+9.0%
2022	$423,000	$225,000	$648,000	—

Costs & calculators

Monthly cost about $3,391/month · rent estimate $2,475/month · owning catches up with renting by year 12 · cash flow if rented −$1,095/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for PH5 702 E King Edward Avenue

$3,391 /month

Principal & Interest $2,696

Property Taxes $190

Maintenance fee $505

The estimated monthly cost of PH5 702 E King Edward Avenue, Vancouver is $3,391: $2,696 principal and interest with 20% down over 30 years at 4.45%, plus $190 property tax and $505 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

−$1,095 /month

Mortgage Payment $2,696

Monthly Cash Flow −$1,095

Break Even Down Payment 53%

Cap Rate -2.0%

Cash on Cash -9.8%

If PH5 702 E King Edward Avenue, Vancouver were rented at $2,475 a month with 5% vacancy, it would fall $1,095 a month short of the mortgage and carrying costs; about 53% 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 PH5 702 E King Edward Avenue, Vancouver

$2,475 / month

Rent $2,475

Own $3,391

Principal: $867/mo Interest, tax, insurance, fees: $2,524/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$726/mo (year 1) → ~$1,688/mo (year 20) → ~$2,518/mo (year 29).

Net cost to own at year 5 ~$2,524/mo About $49/mo more than renting

EstateBlock estimates PH5 702 E King Edward Avenue, Vancouver would rent for about $2,475 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: PH5 702 E King Edward Avenue

Rent vs own

Owning catches up by year 12

With 20% down ($133,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $47,693

Principal paid off by year 10 $107,247

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 PH5 702 E King Edward Avenue, Vancouver is cheaper at first, but owning catches up by year 12, with $47,693 of principal paid off by year 5 and $107,247 by year 10.