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$5,500,000

^$199,000

W 1041 53rd Avenue

South Granville, Vancouver, BC, V6P 1K6

6 | 8 | 3 | 5,553 sq.ft. | Year Built: 2022 |

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Court-Ordered Sale! Over $430,000 Below Assessment value – Exceptional South Granville Value!Discover an extraordinary opportunity to own a custom-built luxury residence in the highly sought-after South Granville neighborhood — at unbeatable value. Meticulously crafted with premium finishes and timeless design, this elegant home offers 6 spacious bedrooms and 8 bathrooms across a refined, functional floor plan.The gourmet chef’s kitchen showcases top-of-the-line appliances, sleek countertops, and abundant cabinetry, opening seamlessly to formal and casual living areas. Designed for both grand entertaining and everyday comfort, the home features a beautifully landscaped private backyard oasis and a 3-car garage. Smart home technology ensures the utmost in modern convenience.

Property Info

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MLS®: R3047272

Listing Courtesy of RE/MAX Crest Realty

Total Bedrooms 6

Total Bathrooms 8

Floor Space 5553 sq.ft.

Lot Size 9920 sq.ft.

Title Type Freehold NonStrata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $5,500,000

Unit Pricing $990/sq.ft.

Strata Fee $0.00

Tax Estimate $30,339/Year

Year Built 2022

Interior Features

Rooms

Main Living Room 12'0 * 14'1

Main Dining Room 12'0 * 14'0

Main Kitchen 18'2 * 20'3

Main Wok Kitchen 7'4 * 13'5

Main Family Room 14'11 * 16'9

Main Den 10'5 * 7'0

Above Primary Bedroom 11'8 * 15'0

Above Primary Bedroom 12'0 * 13'3

Above Bedrooms 10'3 * 11'6

Bsmt Bedrooms 10'3 * 11'2

Bsmt Bedrooms 10'3 * 11'6

Bsmt Recreation Room 27'0 * 15'0

Bsmt Media Room 15'1 * 14'8

Bsmt Gym 10'6 * 14'1

Bsmt Wine Room 6'9 * 7'0

More Details

Storey 2

Floor Space Finished 5553.00 sq.ft.

Roof XXXXXXX

Zoning RES

Floor Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Garage Triple

Parking Cover 3

Parking Total 3

Fuel Heating Forced Air, Radiant

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

Architectural Style: Basement Entry
MLS Area Major: Vancouver West
Street Name: 53rd
City: Vancouver
State Or Province: BC
Postal Code: V6P 1K6
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2025

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 7
Bathrooms Half: 1

Interior Features

Fireplaces Total: 2
Flooring: Hardwood, Mixed, Softwood, Tile
Basement: Finished
Interior Features: Central Vacuum

Exterior Features

Exterior Features: Balcony
Roof: Asphalt

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 2022
Lot Size Square Feet: 9920
Building Area Total: 5553
Living Area: 5553

Lot Information

Lot Features: Central Location, Lane Access, Recreation Nearby
Parcel Number: 010905804

Sold History

Selling

R3047272 House Sep 12, 2025 Listed $5,699,000

R2988726 House Sep 12, 2025 Removed $5,790,000

R2975536 House Apr 9, 2025 Removed $5,998,000

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City Introduction

Overview of Vancouver, BC, Canada

Population

Vancouver is the largest city in British Columbia, with a population of approximately 660,000 (2023). The Greater Vancouver area has over 2.6 million residents. Vancouver is one of Canada's most diverse cities, with significant Chinese, South Asian, and Filipino communities.

Economy

Key Industries: Technology, film production, tourism, port trade, and real estate.
Tech Hub: Known as the "Silicon Valley of the North," Vancouver is home to numerous tech companies and startups.
Film Industry: Vancouver is the third-largest film production center in North America, after Los Angeles and New York.
Port Trade: The Port of Vancouver is Canada's largest port, connecting Asian and North American markets.

Living Features

Natural Environment: Vancouver is renowned for its stunning natural scenery, including Stanley Park, English Bay, and the North Shore Mountains.
Climate: Mild winters and cool summers make it ideal for outdoor activities.
Education: Home to prestigious universities like the University of British Columbia (UBC) and Simon Fraser University (SFU).
Multiculturalism: A vibrant multicultural community with diverse dining and cultural events.

Real Estate Investment

Prices: Vancouver is one of Canada's most expensive cities, with detached homes averaging $2 million CAD and condos around $800,000 CAD (2023).

Opportunities:

Strong demand from immigrants and students ensures a robust rental market.
Limited land supply and population growth support long-term price appreciation.

Risks:

High prices and foreign buyer taxes (20%) may increase investment costs.
Vacancy taxes and property taxes are relatively high, requiring careful financial planning.

Verdict

Vancouver is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Kitsilano and West End, while Downtown and Broadway corridor condos are attractive for investors.

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