WALLACE STREET

WALLACE STREET · Vancouver, Southlands · House · 5 bed · 5 bath · MLS R3133141

Vancouver, British Columbia · Neighbourhood: Southlands
C$8,980/M
For rent
WALLACE STREET

WALLACE STREET is located in Vancouver (Southlands). Property snapshot: House, 5 bed, 5 bath, MLS R3133141. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 2. Catchment schools include Southlands Elementary, Point Grey Sec

MLS: R3133141
Bedrooms: 5
Bathrooms: 5
Interior Size: 5,000 sqft
Days on Site: 2
Catchment Schools: Catchment schools include Southlands Elementary, Point Grey Secondary
Price History: Listing timeline recorded

Local Decision Guide

How should buyers evaluate WALLACE STREET?

Start by reading this listing in its Vancouver Southlands context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

Vancouver listings should separate R1-1, RS, RT, laneway house and multiplex rules during review. R1-1 is an important low-density housing reform signal, but heritage, trees, underground servicing, parking, corner-lot conditions and existing building condition can all change the practical outcome.

Vancouver R1-1 / RS / RT / laneway quick checklist
  • Confirm whether zoning is R1-1, RS, RT or another district.
  • Review laneway house, multiplex, heritage, tree, parking and servicing rules separately.
  • Do not rely on lot size alone; corner-lot conditions, underground servicing and existing building condition can affect the plan.
What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What type of home is this Vancouver, Southlands listing?

The page shows House, 5 bed, 5 bath at WALLACE STREET. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 2 days on market/site. Listing timeline recorded.

Which catchment schools are associated with WALLACE STREET?

Catchment schools include Southlands Elementary, Point Grey Secondary. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

How should Vancouver listings be screened for R1-1, RS, RT, laneway and multiplex risk?

Vancouver listings should be checked against R1-1, RS, RT and other zoning, laneway house rules, multiplex rules, heritage, trees, parking, servicing and permits. Block-level and site-level constraints can change the outcome.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Architecturally designed by renowned architect Michael Katz, this exceptional luxury residence showcases premium craftsmanship and top-of-the-line finishings throughout. Elegantly and artistically decorated, this home offers timeless sophistication and functional family living in one of Vancouver´s most prestigious neighbourhoods. Featuring beautiful cherry hardwood flooring, soaring ceilings, a dramatic spiral staircase entry, and four fireplaces, this residence offers an impressive blend of luxury and comfort-book your viewing today! (id:56153)

Property Details

House
Building Type
5
Bedrooms
5
Bathrooms
5,000 sqft
Interior Size

Transaction: For rent

Status: active

Listing ID: 29867939 (R3133141)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$8,980/M

Days on Site: 2 days

Added to BurnabyHouse: 2026-06-07

Updated on: 2026-06-07 05:03 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Southlands Elementary ELEMENTARY
Public · School District 39
5351 Camosun St, Vancouver, BC
Straight-line distance about 743.3 m
Point Grey Secondary SECONDARY
Public · School District 39
5350 East Blvd, Vancouver, BC
Straight-line distance about 2.8 km
Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
H-Mart
About 512.4 m away
5557 Dunbar Street, Vancouver
Save-On-Foods
About 572.1 m away
3535 West 41st Avenue, Vancouver
Shopping Centres
Southlands Nursery
About 1.3 km away
6550 Balaclava Street, Vancouver
Kerrisdale Station
About 2.7 km away
Parks / Green Space
Musqueam Park
About 273.8 m away
Malkin Park
About 1 km away
6001 Balaclava Street, Vancouver

Price History

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View price changes, listing events, and the full timeline.

Community

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Last Updated: Sun, 07 Jun 2026 04:02:04 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Orca Realty Inc.

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