204 1515 E 5th Ave, Vancouver BC - Apartment/Condo for Sale - MLS# R3107643

$499,000
Est. Mortgage $2,208/mo
Woodland Place
1 Beds
1 Baths
759 sqft
657 $ /sqft
526.95 $ Maint. fee
1974 built
12.1% price reduction
$499,000
$568,000
Est. $2,208/mo with 20% down
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

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Property Details for 204 1515 E 5th Avenue

12.1% price reduction

Bright & Spacious, 759 SF, northwest corner 1 bedroom/bathroom home in the heart of Commercial Drive. This beautiful & smartly renovated home features hardwood floors throughout, custom designed kitchen with SS appliances & backsplash, extra cabinets & quartz countertop space, & a newly renovated bathroom. Fully appreciate a living room that can fit house size furniture & a bedroom that can comfortably accommodate your king size bed. Enjoy relaxing summer BBQ’s on the huge 158 SF wrap around balcony & cozy winter evenings by the wood burning fireplace. Tucked away on a quiet, tree-lined street, steps to Commercial Drive, cafés, boutiques, grocery stores, entertainment & the Broadway SkyTrain Station. Secure parking, storage locker, pet friendly.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Dishwasher, Refrigerator, Stove
Interior Features Elevator, Storage
Fireplace 1
Heating Type Hot Water
Laundry Common Area
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Multi Family, Residential Attached

Building Details

Price $499,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 759
Year Built 1974
Age Of Building 52
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Maintenance Grounds, Heat, Hot Water, Management, Snow Removal
Building Name Woodland Place
Ownership Type Freehold Strata
Maintenance Fee $526.95
Community Features Shopping Nearby
Amenities Nearby Maintenance Grounds, Heat, Hot Water, Management, Snow Removal
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Lane Access, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Yes
Rental Restrictions 100

Lot & Land

Lot Size Depth Feet
MLS® # R3107643
Area Vancouver East
Neighbourhood Grandview Woodland
City Vancouver
Postal Code V5N 1L6
Gross Taxes $1,817.96
Zoning RM-4

Property Timeline

Status Date Price
R3107643 / Active 04-06-2026 $499,000
Rooms
Floor Type Dimensions
Main Level Kitchen 14'1 x 14'1 ft
Main Level Living Room 10'6 x 10'6 ft
Main Level Eating Area 8'9 x 8'9 ft
Main Level Primary Bedroom 12'1 x 12'1 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3

Listed by: Heller Murch 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.

Map & Neighbourhood

Public Schools

Elementary
Grandview Elementary School
0.07 km
Secondary
Vancouver Technical Secondary School
6.66 km

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

Private Schools

Elementary, Secondary
Stratford Hall School
1.01 km
Elementary, Secondary
Stratford Hall School
1.01 km

Closest Transit

Bus Stop
Southbound Commercial Dr @ E 4th Ave
0.24 km
Skytrain
Skytrain @ Commercial-Broadway Stn
0.52 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
39.1%
No Certificate/Degree
Average
13.3%
Owner Occupied
Average
66.8%
Employment Rate
Below Average
46%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Possible
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 204 1515 E 5th Avenue

BC Assessment Value — 204 1515 E 5th Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 003-772-276).
Total Assessed Value (2026)
$583,000
+0.0% YoY
+1.9%/yr over 4 yr
2022 Value Trend 2026
Land
$541,000
Buildings
$42,000
Year Built
1974
Class
Residential
Zoning
RM-4
Property Tax
$1,961
Year Land Improvements Total Assessed YOY Change
2026 $541,000 $42,000 $583,000
+0.0%
2025 $541,000 $42,000 $583,000
+4.2%
2024 $519,000 $40,300 $559,300
-0.6%
2023 $522,000 $40,500 $562,500
+4.0%
2022 $494,000 $47,100 $541,100

Mortgage Calculator for 204 1515 E 5th Avenue

/month
Principal & Interest
Property Taxes $151
Maintenance fee 526.95
Financing 80% of the $499,000 asking price over 30 years at 4% results in approximately $2,584/month in total estimated carrying costs, $151 property tax, $527 maintenance fee.
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%
This listing generates an estimated $1,996/month in rental income, leaving a -$646/month cashflow at current carrying costs. Investors targeting break-even would need roughly 48% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Grandview Woodland, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $499,000
Vancouver Loading...
Grandview Woodland Loading...

Based on 2 comparable active apartments/condos in Grandview Woodland, the average asking price is $506,000. This listing is priced 1.4% below the neighbourhood average. This property is flagged as a Hot Deal (12.1% price reduction) 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

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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