986 57TH Avenue, Vancouver, V5X 1T5

$1,498,000
Active Listed 2 months ago

Details

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Beds
6

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Bath
3

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Kitchens

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Built
1951

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Living Area
2036 SqFt.

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Lot Size
3597 SqFt.

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Frontage

Description

Investor, Builder, Up-sizer alert! This home in East Vancouver offers exceptional rental income and great redevelopment potential. Featuring a south-facing backyard, the property has potential for additional laneway house or multi-unit redevelopment. The upper level has three bedrooms and 1.5 bathrooms. The lower level features a separate three-bedroom rental suite, providing excellent income potential. With functional layouts on both floors, this home is ideal for investors or multi-generational families. Located in a high-demand area, this property is close to transit, schools, parks, and shopping, making it a valuable long-term investment. Don’t miss out on this rare opportunity to own a versatile income-generating home with future development options!

History

Mortgage



Downpayment
Rental Income
Monthly Mortgage Payment
Effective Monthly Mortgage Payment
Qualification Monthly Payment
Interest Rate
Qualification Interest Rate
Income Required
Qualification Annual Income Required
CMHC Fees
Amortization Period

Mortgages can be confusing. Got Questions? Call us 604-330-3784

Amenities

Balcony

Features

Washer/Dryer Dishwasher Refrigerator Cooktop

Site Influences

Balcony

Property Information

MLS® # R2974564
Property Type House
Dwelling Type House/Single Family
Home Style Residential Detached
Kitchens Login to View
Year Built 1951
Parking Garage Single
Tax $6,975 in 2024
Strata No VAP3686
Postal Code V5X 1T5
Address 986 57TH Avenue
Subarea South Vancouver
City Vancouver
Listed By Sutton Centre Realty

Floor Area (sq. ft.)

Main Floor 1,018
Above 1,018
Below 1,018
Total 2,036
 

Location

Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
03/06/2025 This Property 6 3 2 $1,498,000 Login to View 70 2 1951 2,036 sqft 3,597 sqft
04/29/2025

1017 Se Marine Drive

9 4 1 $1,649,900 Login to View 16 2 1974 2,648 sqft 4,333 sqft
03/17/2025

6828 Inverness Street

5 3 3 $1,650,000 Login to View 59 2 1956 2,312 sqft 4,026 sqft
03/18/2025

7798 Prince Albert Street

5 2 2 $1,700,000 Login to View 58 2 1996 1,878 sqft 3,336 sqft
05/12/2025

829 Se Marine Drive

5 4 3 $1,599,000 Login to View 3 2 1968 2,053 sqft 3,608 sqft
03/24/2025

235 E 62nd Avenue

5 2 2 $1,688,000 Login to View 52 2 1968 1,926 sqft 3,267 sqft
Date Address Bed Bath Kitchen Asking Price Sold Price $/Sqft DOM Levels Built Living Area Lot Size
04/29/2025

6815 Culloden Street

6 4 3 Login to View Login to View (3.4%) Login to View 14 2 2003 2,252 sqft 4,026 sqft
04/26/2025

602 E 61st Avenue

6 3 2 Login to View Login to View (-11.7%) Login to View 32 2 1981 1,804 sqft 3,266 sqft
03/17/2025

6716 Ross Street

6 2 2 Login to View Login to View (5.3%) Login to View 7 2 1964 2,018 sqft 4,019 sqft
02/22/2025

1005 E 58th Avenue

4 3 2 Login to View Login to View (-2.7%) Login to View 23 2 1960 1,983 sqft 3,828 sqft
01/27/2025

6872 Fleming Street

7 6 4 Login to View Login to View (0.0%) Login to View 5 2 2004 3,885 sqft 5,497 sqft
01/16/2025

1360 64th Avenue

3 2 0 Login to View Login to View (-3.4%) Login to View 157 2 1957 2,079 sqft 5,663 sqft
01/15/2025

594 49th Avenue

5 3 2 Login to View Login to View (-12.0%) Login to View 187 2 1910 3,000 sqft 4,356 sqft
01/04/2025

1085 62 Avenue

6 4 3 Login to View Login to View (-8.6%) Login to View 38 2 2000 2,242 sqft 3,920 sqft
12/18/2024

650 49th Avenue

4 2 2 Login to View Login to View (-7.5%) Login to View 168 2 1946 1,776 sqft 3,920 sqft
11/26/2024

1312 49th Avenue

5 3 2 Login to View Login to View (-6.0%) Login to View 42 2 1983 2,115 sqft 3,485 sqft
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
13 hours ago

1066 E 63rd Avenue

3 1 1 $1,699,000 Login to View 1 2 1965 1,111 sqft 3,945 sqft
13 hours ago

421 E 54th Avenue

6 2 2 $1,798,000 Login to View 1 2 1955 2,200 sqft 4,026 sqft
23 hours ago

6920 Ross Street

3 2 1 $1,395,000 Login to View 1 1 2023 1,363 sqft N/A
1 day ago

288 E 59th Avenue

8 8 5 $2,999,000 Login to View 2 2 2018 3,513 sqft 4,053 sqft
1 day ago

829 Se Marine Drive

5 4 3 $1,599,000 Login to View 3 2 1968 2,053 sqft 3,608 sqft
1 day ago

459 E 55th Avenue

8 7 4 $3,578,000 Login to View 3 2 2017 3,932 sqft 4,758 sqft
2 days ago

1088 E 50th Avenue

5 3 2 $1,999,999 Login to View 3 2 1982 2,451 sqft 4,290 sqft
2 days ago

1 6964 Inverness Street

4 4 1 $1,769,000 Login to View 3 3 2024 1,799 sqft N/A
2 days ago

2 6964 Inverness Street

4 4 1 $1,785,000 Login to View 3 3 2024 1,786 sqft N/A
2 days ago

411 E 57th Avenue

6 2 2 $1,899,000 Login to View 3 2 1954 2,046 sqft 4,283 sqft

Frequently Asked Questions About 986 57TH Avenue

What year was this home built in?

986 57TH Avenue, Vancouver, V5X 1T5 was built in 1951.

How long has this property been listed for?

986 57TH Avenue, Vancouver, V5X 1T5 was listed on 03/06/2025 by Sutton Centre Realty.

Is this property air conditioned?

986 57TH Avenue, Vancouver, V5X 1T5 does not have an air conditioner.

How wide is the lot?

The lot is 33 feet wide.

Is there a basement in this home?

Full.
Preferred Day
Are you working with a realtor?
Are you pre-approved for mortgage?

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. - The advertising on this website is provided on behalf of the BC Condos & Homes Team - Re/Max Crest Realty, 300 - 1195 W Broadway, Vancouver, BC

Les Twarog

Contact: Les Twarog - RE/MAX Crest Realty

Call: 604-706-1760