1187 E 54th Ave, Vancouver, BC, MLS® R2972942

$2,699,900
Est. Mortgage /mo

Closed

$2,400,000
$3,250,000
Closed at 15 Sep 2025
Listing price: $2,699,900
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
7 Beds
4 Baths
2 Stories
lot 9180 sqft
1968 sqft
1956 built
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Map
Street view
Schools
Crime
Commute
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1187 E 54th Ave, Vancouver, BC | MLS® R2972942 Property Details

A Rare Opportunity to Build Your Dream Home! This expansive 9,180.9 sq. ft. lot with lane access offers incredible potential in a highly desirable location between Fraser St. and Knight St. The value is primarily in the land, but the property also includes a well-maintained 3-bedroom laneway home, built in 2016, complete with its own laundry. Located within the sought-after Walter Moberley Elementary and David Thompson Secondary school catchment, both within walking distance. Whether you're looking to build a custom home or explore investment opportunities, this property is a rare find! Don't miss out—seize this prime building opportunity today!(Above and Above 2 measurements are for the laneway house.)`

General Info

Price $2,699,900
Total Bedrooms 7
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 1968
Lot Size 9180.9
Lot Size Depth Feet
Lot Size Frontage 45
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1956
Age Of Building 69
Building Type Single Family Residence
Property Type Residential
Architecture Style Laneway House, Rancher/Bungalow w/Bsmt.
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2972942
Area Vancouver East
Neighbourhood South Vancouver
City Vancouver
Gross Taxes $9,028.33
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Open, Lane Access
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning R1-1
Rental Suites -
Laundry In Unit
# of Kitchens 2
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX All Points Realty

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.

Neighborhood Info

Public Schools

Secondary
David Thompson Secondary School
0.75 km
Elementary
Walter Moberly Elementary School
Average
0.57 km
5.8/10

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

Private Schools

Elementary
Qawsain Knowledge House
1.1 km
Secondary
Vancouver Formosa Academy
2.93 km

Closest Transit

Translink
Southbound Knight St @ E 53 Ave
0.28 km
Skytrain
Skytrain @ Langara-49Th Stn
2.66 km

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

1187 E 54th Avenue is serviced by Walter Moberly Elementary School. The property with listing MLS® R2972942 is located 0.57 km from the school. Walter Moberly Elementary School has a rating of Rating 5.8/10.

This home with address 1187 E 54th Avenue, Vancouver, BC is also serviced by David Thompson Secondary School and located 0.75 km from it. David Thompson Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 1187 E 54th Avenue is Qawsain Knowledge House with School's rating No Rating, located 1.1 km from this home.

The closest to this address 1187 E 54th Avenue Secondary independent school is Vancouver Formosa Academy with School's rating No Rating, located 2.93 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 1187 E 54th Avenue, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2972942 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 1187 E 54th Avenue are Above Average. Property misconduct rating adjacent to MLS® R2972942 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Southbound Knight St @ E 53 Ave in 0.28 km away from this listing with - MLS® R2972942.

18.3% of people with university certificate/degree live in this neighbourhood adjacent to the 1187 E 54th Avenue which is Average in comparison with other BC neighbourhoods. 24.6% of population in this neighbourhood that is near the Listing MLS® R2972942 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 1187 E 54th Avenue, Vancouver, BC is $63872 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2972942 is $24149 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 52.7% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2972942 is 4.8 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 1187 E 54th Avenue South Vancouver where population change between 2011 and 2016 was 0.7%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 1187 E 54th Avenue, Vancouver, BC is 7983.7 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 1187 E 54th Avenue is 3.1. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2972942 is 75.2% and it is High. % of Married or living common law is around 53.7% and it is Below Average.

Average age of the population close to the 1187 E 54th Avenue is 40.3 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 1187 E 54th Avenue, Vancouver, BC is $1480765 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 1187 E 54th Avenue. $1669 owners spent in average for the dwelling. Tenants are paying $1022 in this district close to MLS® R2972942 and it is Average comparing to other cities.

45% of Population in this district near the 1187 E 54th Avenue are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 1187 E 54th Avenue, Vancouver, BC is 3.3%, it is Low, % of English speakers only is 87.2% and Below Average. % of French speakers adjacent to 1187 E 54th Avenue only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 1187 E 54th Avenue, Vancouver, BC is 9.3% and it is High comparing to other BC cities.

31.2% of all population in the area around this property with the address 1187 E 54th Avenue, Vancouver, BC using Public Transport which is High, 63.2% of using population are using Cars around MLS® R2972942, which is Low. 1.8% of people using Bicycles around the 1187 E 54th Avenue and it is Above Average. 2.5% of population are walking which is Below Average

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $2,699,900
Vancouver No comparables
South Vancouver No comparables
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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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