Vancouver › Mount Pleasant › E 5th Ave › 588 E 5th Ave › #118
#118 – 588 E 5th Ave, Vancouver, BC
Strata unit #118 at 588 E 5th Ave: assessed at $558,400 in 2026. Assessed higher than 57% of the 54 units in the building.
Unit assessed 2026
$558,400
5 notes 2 clear
Assessed 2026 $558,400
Change from last year −1%
Within the building Assessed higher than 57% of the 54 units in the building
Strata lot Lot 18, plan VAS163
Built 1973
Floor, from the unit number 1
Value history, 7 years
Property tax, year by year
Permits filed under this unit number None since 2017
About strata records
What the records show for the building at 588 E 5th Ave
Note
Zoned R5-3 Free preview
What the record says Lot about 2,982 m², measured from the City lot outline. Zoning district R5-3 (R5). What it means The zoning district sets what can be built and how the property can be used. What to do Read the district schedule or ask the City if you plan changes. The full report explains every finding like this one.
Note
3 permits on this lot since 2017
What the record says
What it means
What to do
What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.
Note
Typical unit assessed at $557,600; the building +27% since 2021
What the record says
What it means
What to do
What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.
Note
Built before 1990: asbestos survey before renovating
What the record says
What it means
What to do
What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.
Note
Strata building, 54 units, built 1973
What the record says
What it means
What to do
What the record says, what it means for a buyer and what to ask the seller: for this finding and every other one, in the full report.
Clear
Not on the Heritage Register Clear
Outside the City floodplain
What the full report adds to each finding
What the record says, with its date and number What it means for a buyer What to ask the seller and your realtor The source of every line See a sample report
About #118 – 588 E 5th Ave A 54-unit strata building, built 1973 on a 2,982 m² R5-3 lot with a rear lane. Older than 58% of the buildings on E 5th Ave. Units are assessed from $536,800 to $767,900; the typical unit is $557,600. 3 building permits since 2017. The latest, from Jun 2021: addition or alteration, multiple dwelling ($428,455). School catchment: Mount Pleasant Elementary and Vancouver Technical Secondary. VCC-Clark Station is 920 m away.
Read every record and what to do next
Each finding explained, full permit and value history, questions for the seller and a PDF for your agent.
Assessment history of #118 – 588 E 5th Ave Whole building, 54 units: units are assessed from $536,800 to $767,900, typical unit $557,600.
2026 $32,951,800
2025
2024
2023
2022
Up 27% since 2021
2020 2026
Permits on this building · 3 since 2017
Jun 2021 · Addition or alteration, multiple dwelling $428,455
2 more permits in the full report
Schools and parks near #118 – 588 E 5th Ave
Elementary catchment Mount Pleasant Elementary
Secondary catchment Vancouver Technical Secondary
St Francis Xavier 208 m
Mount Pleasant StrongStart Centre 265 m
Mount Pleasant Elementary 265 m
Carolina Park 95 m
Sahalli Park 294 m
How catchments work
Transit near #118 – 588 E 5th Ave
Nearest SkyTrain: VCC-Clark (Millennium Line) 920 m
Westbound Great Northern Way @ Carolina Street · 84 120 m
Eastbound Great Northern Way @ Carolina St · 84 128 m
Westbound Great Northern Way @ Thornton St · 84 240 m
Bus routes within 400 m: 8, 9, 84, 99, N8, N9
Street, trees and terrain
City street trees in front 9 · Red Maple, Pink Perfection Cherry
Ground elevation ≈ 21 m above sea level
Elevation change across the site about 5 m
Nearest arterial road Great Northern Way, 102 m
Railway line 255 m
Truck route 102 m
Crime near #118 – 588 E 5th Ave Incidents within 400 m in the last 12 months, by type: in the full report.
Rezoning and development nearby 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 Mount Pleasant, the City issued 38 new-building permits and 32 demolition permits in the last two years. About the neighbourhood
Questions about #118 – 588 E 5th Ave
What is #118 – 588 E 5th Ave assessed at? $558,400 for 2026, from BC Assessment through the City’s property tax report. Assessed higher than 57% of the 54 units in the building.
What is the strata lot number of #118 – 588 E 5th Ave? Strata lot 18 on strata plan VAS163.
When was #118 – 588 E 5th Ave built? In 1973, according to BC Assessment.
What is the zoning of #118 – 588 E 5th Ave? It is zoned R5-3 under the Vancouver Zoning and Development By-law. More
Is #118 – 588 E 5th Ave in a floodplain? No. It is outside the floodplains designated by the City of Vancouver. More
Is #118 – 588 E 5th Ave on the Heritage Register? No. It is not listed on the Vancouver Heritage Register. More
What building permits has #118 – 588 E 5th Ave had? The City has issued 3 permits since 2017. The latest, from Jun 2021: addition or alteration ($428,455). More
Which schools serve #118 – 588 E 5th Ave? Elementary: Mount Pleasant Elementary. Secondary: Vancouver Technical Secondary. Placement depends on space: confirm with the school.
How far is the nearest SkyTrain station from #118 – 588 E 5th Ave? VCC-Clark Station is 920 m away in a straight line.
Compare #118 – 588 E 5th Ave with another address · Watch this address: email me when its records change
Full report Every record explained · PDF
Checked against City of Vancouver open data on October 25, 2026. How we check · Data sources · Glossary
