Listing history

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About this home

FORECLOSURE OPPORTUNITY IN PRESTIGIOUS SOUTH GRANVILLE! This spacious 3-level custom-built home offers 7 bedrooms, 5 bathrooms, new appliances and a separate-entry basement suite with kitchen, ideal for rental income. Live in, rent out or hold for future redevelopment! Fantastic location steps to shopping, restaurants and transit, with easy access to Oakridge, Richmond and Downtown. McKechnie Elementary and Magee Secondary catchments, with prestigious private schools nearby. Exceptional investment and redevelopment potential on a prime 5,543 sq.ft. CORNER LOT with RM-8N zoning! Explore the potential for up to 7 townhomes, freehold rowhouses or multi-unit development, subject to City approval. A rare opportunity with exceptional upside!

Home facts

Bedrooms: 7
Bathrooms: 5 full
Interior: 3,297 sq ft
Lot size: 5,543 sq ft
Year built: 2005
Storeys: 2
Parking: 3
Property type: Single Family Residence
Basement: Full
Garage: Yes
Carport: No
Area: Vancouver West
Sub-area: South Granville
Listed: Hidden until you accept the VOW terms
Structure: Residential Detached
PID: Hidden until you accept the VOW terms

Highlights

Balcony

Features and inclusions

Heating: Heat Pump, Natural Gas, Radiant
Flooring: Hidden until you accept the VOW terms
Construction: Hidden until you accept the VOW terms
Roof: Hidden until you accept the VOW terms
Parking: Garage Triple
Lot: Central Location, Recreation Nearby
Community: Shopping Nearby

Board rules show these details to signed-in buyers who accept the VOW terms.

Listed by eXp Realty. Data from BCRES. Last updated Nov 3, 2026, 8:17 AM.

This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Monthly and upfront costs

Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.

Monthly ownership costs

Principal and interest: $13,745
Property tax: $850/mo
Home insurance: $150/mo
Estimated monthly total: $14,745

Purchase snapshot

List price: $2,900,000
Down payment: $580,000 (20%)
Estimated mortgage: $2,320,000

Estimates only. They leave out utilities, upkeep and closing costs.

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Space and layout

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Home value

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Neighbourhood

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Walk to Granville Yummy Market9 min

Bike to Marine Drive9 min

Walk to Marine Drive29 min

Drive to downtown Vancouver19 min

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Condo / Apartment · 39%

Homes for sale nearby, by type

Condo / Apartment297 for sale

Detached250 for sale

Townhouse138 for sale

Half-duplex52 for sale

Land12 for sale

Other9 for sale

Active listings within 3 km of this home.

Homes built in Vancouver, by type

Single-detached75.7% · 140

Apartment in duplex24.3% · 45

Source: Statistics Canada, 2021 Census of Population. 185 dwellings.

Who lives here

Statistics Canada area 59150507 · Vancouver

Median age: 45
Renter households: 18%
Average household size: 2.8
Median household income: $120,000

Population (2021): 522
Median rent: $2,600
Owner shelter cost: $1,180
30%+ of income on shelter: 39%
Owner households: 84%
Households with kids: 46%
Immigrants: 53%
Post-secondary: 68%
Average home value (2021): $2,800,000

Breakdown

$20,000 to $24,9992.9% · 5

$30,000 to $34,9995.9% · 10

$35,000 to $39,9992.9% · 5

$45,000 to $49,9992.9% · 5

$50,000 to $59,9995.9% · 10

$60,000 to $69,9995.9% · 10

$70,000 to $79,9995.9% · 10

$90,000 to $99,9995.9% · 10

$100,000 to $124,99911.8% · 20

$125,000 to $149,99911.8% · 20

$150,000 to $199,99914.7% · 25

$200,000 and over23.5% · 40

Source: Statistics Canada, 2021 Census Profile, dissemination area 59150507.

Documents

Pick the records you want. Ray Rasouli will email what the listing brokerage shares.

Property disclosure statementReview seller-disclosed conditions and known defects.
Title searchReview registered ownership, charges, easements, and covenants.
Inspection reportsReview available property-condition findings.
Building and renovation permitsConfirm that significant work was properly permitted.
Survey or site planReview boundaries, structures, and encroachments.

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1505 W 62nd Avenue

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