5931 Commercial St, Vancouver, BC

A freehold property, built 2015 on a 343 m² R1-1 lot with a rear lane. Newer than 96% of the buildings on Commercial St.

Assessed 2026
$2,168,000
Zoning
R1-1
Lot
≈ 343 m²
Built
2015
2 to check3 notes2 clear
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What the records show for 5931 Commercial St

Note

Short-term rentals: only in your principal residence

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What the record says
City licences: 136 active short-term rental licences in Victoria-Fraserview in 2026. The City does not publish their addresses.
What it means
In Vancouver you can rent short term (Airbnb and the like) only the home you live in, with a City licence; a strata can ban it entirely. Do not count on short-term rental income from a second home.
What to do
If rental income matters, read the City’s short-term rental rules and ask about the rules for secondary suites.

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R1-1 lot: fits a multiplex, 3–4 homes, borderline

What it means and what to ask

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.

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Check

Combined sewer on this block

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Note

No building permits on record since 2017

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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.

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Note

Assessed at $2,168,000, +21% since 2021

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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.

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Clear

Not on the Heritage Register

Clear

Outside the City floodplain

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Street view

About 5931 Commercial St

Assessed at $2,168,000 for 2026 (−3% on 2025). Assessed higher than 87% of the houses on Commercial St. The lot is smaller than 89% of the lots in Victoria-Fraserview. School catchment: Tecumseh Elementary and David Thompson Secondary. Nanaimo Station is 2.2 km away.

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Each finding explained, full permit and value history, questions for the seller and a PDF for your agent.
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Assessment history of 5931 Commercial St

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2026$2,168,000
Up 21% since 2021
20202026

Permits on this lot · none since 2017

The City has issued no building permits for this lot since 2017.

The lot and zoning

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Area≈ 343 m²
ZoningR1-1
Rear laneYes
Frontage and depth
What the zoning allows

Schools and parks near 5931 Commercial St
Elementary catchmentTecumseh Elementary
Secondary catchmentDavid Thompson Secondary
Tecumseh Elementary209 m
Sir Sandford Fleming Elementary760 m
Tecumseh Annex831 m
Tecumseh Park101 m
Jones Park647 m

How catchments work

Transit near 5931 Commercial St
Nearest SkyTrain: Nanaimo (Expo Line)2.2 km
Southbound Victoria Dr @ E 43 Ave · 20, N20213 m
Northbound Victoria Dr @ E 45 Ave · 20, N20234 m
Eastbound E 41 Ave @ Bruce St · 20, 41267 m

Bus routes within 400 m: 20, 41, N20, R4

Street, trees and terrain
City street trees in frontNone recorded
Ground elevation≈ 94 m above sea level
Slope across the lotFlat
Nearest arterial roadVictoria Dr, 222 m

Crime near 5931 Commercial 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: 4 new-building permits and 3 demolition permits.

New buildings nearby:

Rezoning applications within 800 m: in the full report.

In Victoria-Fraserview, the City issued 156 new-building permits and 76 demolition permits in the last two years. About the neighbourhood

Questions about 5931 Commercial St

What is 5931 Commercial St assessed at?

$2,168,000 for 2026, from BC Assessment through the City’s property tax report.

When was 5931 Commercial St built?

In 2015, according to BC Assessment.

What is the zoning of 5931 Commercial St?

It is zoned R1-1 under the Vancouver Zoning and Development By-law. More

What can be built at 5931 Commercial St?

Under R1-1 the lot appears to fit a multiplex, 3–4 homes, right at the minimum size, so a survey decides. It has a rear lane, which a laneway home needs. More

Is 5931 Commercial St in a floodplain?

No. It is outside the floodplains designated by the City of Vancouver. More

Is 5931 Commercial St on the Heritage Register?

No. It is not listed on the Vancouver Heritage Register. More

Can 5931 Commercial St be rented short term (Airbnb)?

Only as the owner’s or tenant’s principal residence, with a City business licence and a provincial registration number; a second home or investment unit cannot be rented for less than 90 days. More

What building permits has 5931 Commercial St had?

None since 2017, when the City’s open permit records begin. More

Which schools serve 5931 Commercial St?

Elementary: Tecumseh Elementary. Secondary: David Thompson Secondary. Placement depends on space: confirm with the school.

How far is the nearest SkyTrain station from 5931 Commercial St?

Nanaimo Station is 2.2 km away in a straight line.

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Other addresses on Commercial St

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Checked against City of Vancouver open data on October 25, 2026. How we check · Data sources · Glossary