5578 Elizabeth St, Vancouver BC - Single Family Residence for Sale - MLS# R3031592

$4,198,000
Est. Mortgage $18,572/mo
7 Beds
5 Baths
3937 sqft
1066 $ /sqft
2015 built
Land Value only, 10.3% price reduction
$4,198,000
$4,680,000
Est. $18,572/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

Photos

Property Details for 5578 Elizabeth Street

Land Value only 10.3% price reduction

Custom-built luxury home located in the highly sought-after Cambie neighborhood. Just steps to Queen Elizabeth Park, Oakridge Centre, the Canada Line, the new Eric Hamber Secondary, and Hillcrest Community Centre. This beautifully crafted residence features top-quality finishing throughout, including air conditioning, HRV system, marble and granite accents, hardwood flooring, Sub-Zero fridge, and a gas cooktop. Impressive 10'6 ceilings on the main floor, 9' ceilings upstairs, and 10' ceilings in the basement create a bright, open atmosphere. The upper level offers three generously sized ensuites. The lower level includes a separate 4-bedroom suite with its own kitchen and laundry. Hurry, won't last! Move in and the land value will increasing all the time in the Oakridge circle.

Interior Features

Basement Finished Area (sqft) 1404
Basement Features Full
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 1
Heating Type Natural Gas, Radiant
Cooling Air Conditioning
# of Kitchens 3
Flooring Hardwood, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Residential Detached

Building Details

Price $4,198,000
Total Bedrooms 7
Total Bathrooms 5
Full Bathrooms 5
Half Bathrooms 0
Floor Area Total (sqft) 3937
Year Built 2015
Age Of Building 11
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Triple, Rear Access, Garage Door Opener
Total Parking Spaces 5

Lot & Land

Lot Size 5520
Lot Size Depth Feet
Lot Size Frontage 48
MLS® # R3031592
Area Vancouver West
Neighbourhood Cambie
City Vancouver
Postal Code V5Y 3J9
Gross Taxes $15,095.2
Zoning RS-1

Property Timeline

Status Date Price
R3031592 / Active 07-28-2025 $4,198,000
Rooms
Floor Type Dimensions
Main Level Living Room 15'7 x 15'7 ft
Main Level Dining Room 12'1 x 12'1 ft
Main Level Kitchen 19'6 x 19'6 ft
Main Level Wok Kitchen 10'1 x 10'1 ft
Main Level Bedroom 13'9 x 13'9 ft
Main Level Mud Room 4'11 x 4'11 ft
Main Level Foyer 8'2 x 8'2 ft
Above Level Primary Bedroom 18'11 x 18'11 ft
Above Level Bedroom 10'3 x 10'3 ft
Above Level Bedroom 11'11 x 11'11 ft
Above Level Walk-In Closet 8'2 x 8'2 ft
Basement Level Kitchen 9'4 x 9'4 ft
Basement Level Living Room 13'4 x 13'4 ft
Basement Level Bedroom 9'4 x 9'4 ft
Basement Level Bedroom 11'7 x 11'7 ft
Basement Level Bedroom 11'7 x 11'7 ft
Basement Level Laundry 6'4 x 6'4 ft
Basement Level Utility 8'4 x 8'4 ft
Basement Level Great Room 18'9 x 18'9 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Above Level Yes #5
Above Level Yes #3
Above Level Yes #3
Basement No #3

Listed by: LDG 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
Sir Wm Van Horne Elementary School
0.52 km

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

Private Schools

Elementary
St. Andrew's
1.43 km
Secondary
King David High School
0.86 km

Closest Transit

Bus Stop
Westbound W 41 Ave @ Columbia St
0.16 km
Skytrain
Skytrain @ Oakridge-41St Stn
0.35 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
40.7%
No Certificate/Degree
Average
12.6%
Owner Occupied
Below Average
42.8%
Employment Rate
Average
62.4%

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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 5578 Elizabeth Street

BC Assessment Value — 5578 Elizabeth Street

2026 assessed value, sourced from City of Vancouver open data (PID 006-640-621).
Total Assessed Value (2026)
$3,734,000
-7.5% YoY
+0.5%/yr over 4 yr
2022 Value Trend 2026
Land
$2,604,000
Buildings
$1,130,000
Year Built
2013
Class
Residential Inclusive
Zoning
R1-1
Property Tax
$14,408
Year Land Improvements Total Assessed YOY Change
2026 $2,604,000 $1,130,000 $3,734,000
-7.5%
2025 $2,849,000 $1,186,000 $4,035,000
+10.4%
2024 $3,256,000 $400,000 $3,656,000
+0.0%
2023 $3,256,000 $400,000 $3,656,000
+0.0%
2022 $3,256,000 $400,000 $3,656,000

Mortgage Calculator for 5578 Elizabeth Street

/month
Principal & Interest
Property Taxes $1,258
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $17,292/month in total housing costs on this $4,198,000 property — $16,034 mortgage payment, $1,258 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%
Based on $10,855/month estimated rent and $17,571/month in total housing costs, this property has a -$6,716/month cashflow. Break-even down payment: approximately 54%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Cambie, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $4,198,000
Vancouver Loading...
Cambie Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $4,464,667 across 2 active listings — this listing is 6% below the Vancouver average. This property is flagged as a Hot Deal (Land Value only, 10.3% 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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $25,164
0 of 17 missions

Sign up on Estateblock.com

$1,258 / 5%

Buy with us & save on this property

Similar Single Family Residences for Sale in Cambie

Recently Sold Homes Near 5578 Elizabeth Street