2588 Wallace Cres, Vancouver, BC

A freehold property, built 1931 on a 591 m² R1-1 lot. Older than 81% of the buildings on Wallace Cres.

Assessed 2026
$3,129,000
Zoning
R1-1
Lot
≈ 591 m²
Built
1931
2 to check6 notes2 clear

What the records show for 2588 Wallace Cres

Note

R1-1 lot: fits a duplex, up to 2 suites

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What the record says
Lot about 591 m², 17.8 m wide and 41.1 m deep, measured from the City lot outline. Rear lane: not found.
What it means
Lot size, width and lane access decide what can be built under R1-1.
What to do
If redevelopment is part of the price, order a survey and ask the City before you remove subjects.

The full report explains every finding like this one.

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Built 1931: ask about a buried oil tank

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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Sloped lot: about 8 m of fall

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.

Note

No building permits on record since 2017

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.

Note

Assessed at $3,129,000, ±0% since 2021

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.

Note

Built before 1990: asbestos survey before renovating

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.

Note

12 new buildings and 7 demolitions within 300 m

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.

Note

On or next to an arterial road (W 10th Ave)

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.

Clear

Not on the Heritage Register

Clear

Outside the City floodplain

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Street view

About 2588 Wallace Cres

Assessed at $3,129,000 for 2026 (−11% on 2025). Assessed higher than 75% of the houses on Wallace Cres. The land is 85% of the value. The lot is larger than 79% of the lots in West Point Grey. School catchment: Queen Mary Elementary and Byng Secondary.

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 2588 Wallace Cres

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2026$3,129,000
Up 0% 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≈ 591 m²
ZoningR1-1
Rear laneNo lane found
Frontage and depth
What the zoning allows

Schools and parks near 2588 Wallace Cres

Elementary catchmentQueen Mary Elementary
Secondary catchmentByng Secondary
Our Lady of Perpetual Help387 m
Ecole Jules Quesnel Elementary495 m
Lord Byng Secondary495 m
Almond Park559 m

How catchments work

Transit near 2588 Wallace Cres

Nearest SkyTrain: Yaletown-Roundhouse (Canada Line)5.1 km
Westbound W 10 Ave @ Wallace St · 14, 9, N1748 m
Eastbound W 10 Ave @ Wallace St · 14, 9, N1754 m
Eastbound W 10 Ave @ Crown St · 14, 9, N17190 m

Bus routes within 400 m: 7, 9, 14, 99, N17

Street, trees and terrain

City street trees in front1 · Lavallei Hybrid Hawthorn
Ground elevation≈ 38 m above sea level
Slope across the lotSloped, about 8 m
Nearest arterial roadW 10th Ave, 36 m
Truck route36 m

Crime near 2588 Wallace Cres

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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: 12 new-building permits and 7 demolition permits.

New buildings nearby:

Rezoning applications within 800 m: in the full report.

In West Point Grey, the City issued 132 new-building permits and 66 demolition permits in the last two years. About the neighbourhood

Questions about 2588 Wallace Cres

What is 2588 Wallace Cres assessed at?

$3,129,000 for 2026, from BC Assessment through the City’s property tax report.

When was 2588 Wallace Cres built?

In 1931, according to BC Assessment.

What is the zoning of 2588 Wallace Cres?

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

What can be built at 2588 Wallace Cres?

Under R1-1 the lot appears to fit a duplex, up to 2 suites. No rear lane was found, so a laneway home is unlikely. More

Is 2588 Wallace Cres in a floodplain?

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

Is 2588 Wallace Cres on the Heritage Register?

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

What building permits has 2588 Wallace Cres had?

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

Which schools serve 2588 Wallace Cres?

Elementary: Queen Mary Elementary. Secondary: Byng Secondary. Placement depends on space: confirm with the school.

How far is the nearest SkyTrain station from 2588 Wallace Cres?

Yaletown-Roundhouse Station is 5.1 km away in a straight line.

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Other addresses on Wallace Cres

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