55 Water St, Vancouver, BC

A freehold property, built 1906 on a 2,018 m² HA-2 lot with a rear lane. Built in the same years as many buildings on Water St.

Assessed 2026
$54,054,000
Zoning
HA-2
Lot
≈ 2,018 m²
Built
1906
2 serious2 to check6 notes
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What the records show for 55 Water St

Street view

About 55 Water St

Assessed at $54,054,000 for 2026 (−8% on 2025). One of the highest assessed houses on Water St, above 96% of them. The land is 88% of the value. The lot is larger than 77% of the lots in Downtown. 4 building permits since 2017. The latest, from Aug 2025: addition or alteration, retail store ($50,000). Inside the floodplain. On the Heritage Register. School catchment: šxʷwəq̓ʷəθət Crosstown Elementary and Britannia Secondary. Waterfront Station is 490 m away.

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Assessment history of 55 Water St

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2026$54,054,000
Down 7% since 2021
20202026

Permits on this lot · 4 since 2017

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Aug 2025 · Addition or alteration, retail store$50,000
3 more permits in the full report

The lot and zoning

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Area≈ 2,018 m²
ZoningHA-2
Rear laneYes
Frontage and depth
What the zoning allows

Schools and parks near 55 Water St
Elementary catchmentšxʷwəq̓ʷəθət Crosstown Elementary
Secondary catchmentBritannia Secondary
Crosstown Elementary606 m
Alexander Academy630 m
The Westside School923 m
CRAB Park at Portside245 m
Pioneer Place (Pigeon Park)267 m

How catchments work

Transit near 55 Water St
Nearest SkyTrain: Waterfront (Canada Line, Expo Line, SeaBus, WCE)490 m
Westbound W Cordova St @ Abbott St · 50169 m
Eastbound W Cordova St @ Carrall St · 209, 210, 211, 214, 3, 4, 7, 8, N8187 m
Westbound W Hastings St @ Abbott St · R5247 m

Bus routes within 400 m: 3, 4, 7, 8, 14, 16, 19, 20, 22, 50, 209, 210, 211, 214, N19, N20, N35, N8, R5

Street, trees and terrain
City street trees in front3 · Willow Oak, Cutleaf Silver Maple
Ground elevation≈ 4 m above sea level
Elevation change across the siteabout 2 m
Nearest arterial roadWater St, 34 m
Railway line23 m
Truck route105 m
Noise by-law areaSchedule C (Refuse Collection hours in Downtown area)

Crime near 55 Water St

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Incidents within 400 m in the last 12 months, by type: in the full report.

Rezoning and development nearby

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Within 300 m in the last two years: 1 new-building permit and 2 demolition permits.

New buildings nearby:

Rezoning applications within 800 m: in the full report.

In Downtown, the City issued 11 new-building permits and 13 demolition permits in the last two years. About the neighbourhood

Questions about 55 Water St

What is 55 Water St assessed at?

$54,054,000 for 2026, from BC Assessment through the City’s property tax report.

When was 55 Water St built?

In 1906, according to BC Assessment. A major improvement is recorded in 1980.

What is the zoning of 55 Water St?

It is zoned HA-2 under the Vancouver Zoning and Development By-law. More

What can be built at 55 Water St?

It is in a historic area district (HA-2). The district schedule sets the number of homes, height and floor area. More

Is 55 Water St in a floodplain?

Yes. It is inside a floodplain designated by the City: Designated Floodplain (FCL 4.6m). More

Is 55 Water St on the Heritage Register?

Yes. It is listed on the Vancouver Heritage Register. More

What building permits has 55 Water St had?

The City has issued 4 permits since 2017. The latest, from Aug 2025: addition or alteration ($50,000). More

Which schools serve 55 Water St?

Elementary: šxʷwəq̓ʷəθət Crosstown Elementary. Secondary: Britannia Secondary. Placement depends on space: confirm with the school.

How far is the nearest SkyTrain station from 55 Water St?

Waterfront Station is 490 m away in a straight line.

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Other addresses on Water St

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Checked against City of Vancouver open data on October 21, 2026. How we check · Data sources · Glossary