501 55 Alexander Street — Vancouver East


$ 425,000 FOR SALE MLS# R3181532
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Welcome home to 55 Alexander: a gas stove in the kitchen, a gas fireplace in the living room and harbour views from the roof. This bright fifth floor one bedroom (513sqft) is in a concrete, heritage style Gastown building with a brick facade and arched windows. The open kitchen has granite counters and opens to the living room. Freshly painted and move in ready, with laminate floors throughout, updated lighting and an updated Miele washer and dryer. Storage locker included, plus bike storage. The large common rooftop deck has unobstructed views over the water to the North Shore mountains, the backyard most downtown condos skip. Maple Tree Square is around the corner, Gastown’s restaurants and shops are at your door, and Waterfront Station is an easy walk. Available for immediate occupancy.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms1
Bathrooms1
Living Area513 sqft
Property TypeResidential – Apartment/Condo
StyleLoft/Warehouse Conv.
MLS® R3181532
StatusActive
Listing BrokerOakwyn Realty Ltd.

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed

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Market Overview

Downtown VE · Vancouver East · Condos

Active PropertiesAll ActiveThis Property
Condos53
Median Asking Price $ 699,000 $ 425,000
Median Price per SqFt $835 $828
Median Days on Market 51
Sold Properties Nov 2026Oct 2026Nov 2025
Condos 0 ▼100.0% 5 3
Median Selling Price – ▼100.0% $ 635,000 $ 589,000
Median Price per SqFt – ▼100.0% $793 $879
Median Days on Market –2416
Median Discount Off Ask –2.3%7.3%
New Listings 4115
Months of Inventory 8.8

At the current sales pace, it would take about 9 months to sell all the homes currently for sale here — a Buyer's market.

SELLER'S
BALANCED
BUYER'S

More homes are for sale than there are buyers, so buyers tend to have more choice and more room to negotiate on price.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

Downtown VE: Number of Sales

Downtown VE: Median Sold Price

Downtown VE: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for Downtown VE. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.