5058 Cambie Street, Cambie Corridor, Queen Elizabeth Park
Developer: Pennyfarthing Homes
Sales Status: Completed

Introduction
Basalt by Pennyfarthing – 5058 Cambie Street
Basalt by Pennyfarthing is a boutique condominium development located in Vancouver’s South Cambie neighbourhood. Completed in 2020 by Pennyfarthing Homes, this six-storey concrete building features 51 contemporary residences, including condos and townhomes. As the fourth installment in Pennyfarthing’s Cambie Collection, Basalt offers modern living adjacent to Queen Elizabeth Park.

Location and SkyTrain Access
Situated at the corner of Cambie Street and West 35th Avenue, Basalt is in a prime West Side location. The development is a short walk from the King Edward Canada Line SkyTrain station, providing quick access to downtown Vancouver and Richmond. Oakridge Centre, with its array of shops, services, and restaurants, is also nearby. Recreational amenities such as Queen Elizabeth Park, Hillcrest Community Centre, and Nat Bailey Stadium are within easy reach, enhancing the lifestyle appeal of this Vancouver real estate offering.
Historic Presale Pricing for Basalt by Pennyfarthing
Presale pricing data for Basalt by Pennyfarthing was not publicly disclosed.
Floor Plans for Basalt by Pennyfarthing
Basalt comprises a mix of unit types designed for various lifestyles:
- 1 studio
- 12 one-bedroom units
- 27 two-bedroom units
- 8 three-bedroom units
- 3 two-bedroom townhomes
Unit sizes range from approximately 579 to 1,325 square feet. Layouts emphasize open-concept living, with expansive ceilings up to 9 feet (10 feet in penthouses), providing a spacious and airy ambiance.
Interiors
The interiors at Basalt are crafted with high-quality materials and finishes:
- Engineered hardwood flooring in oak or walnut throughout main living areas
- Wool-blend carpeting in bedrooms
- Solid interior doors and roller shades for privacy
- Energy-efficient LG front-loading washer and dryer
Kitchens feature:
- Polished quartz countertops and backsplash
- Premium Bosch appliance package, including:
- 30” or 36” Energy Star French door refrigerator with custom cabinetry panels
- 30” stainless steel five-burner gas cooktop with integrated slide-out hood fan
- 30” stainless steel wall oven
- 30” stainless steel speed oven combining oven and microwave functions
- Fully-integrated, panelled Energy Star dishwasher
- Optional 24” Marvel high-efficiency under-counter wine fridge in select homes
Bathrooms offer:
- Contemporary wood cabinetry in smoked walnut or ivory oak
- Polished quartz countertops with undermount basin
- Recessed cabinet lighting
- Hytec acrylic alcove tub with polished porcelain tile surround
- Water-efficient Duravit dual-flush toilet with soft-close feature
Ensuite bathrooms include:
- Vanities with full-height integrated shelving
- Frameless glass shower enclosure with marble mosaic floor tile and recessed wall niche
- Grohe rain shower head and hand wand
- Nuheat in-floor heating
Amenities in the Building
Residents of Basalt enjoy a range of amenities designed for comfort and convenience:
- Air conditioning
- In-suite laundry
- Children’s play area
- Rooftop patio with panoramic views
- Secured underground parking and bike storage
- Private balconies or terraces with gas connections
- LEED Gold certification for sustainability
- Enterphone system for secured visitor access
Airbnb Policy
Short-term rentals are generally not permitted unless explicitly allowed by the strata. Check current strata bylaws for confirmation.
Developer Information
Basalt by Pennyfarthing was developed by Pennyfarthing Homes, a Vancouver-based real estate developer known for its commitment to design excellence and quality craftsmanship. Since its formation in 1980, Pennyfarthing has fulfilled the home ownership dreams of nearly 3,000 home buyers throughout the Lower Mainland, Washington State, and California.
Other Pennyfarthing Homes projects featured on this include:
- Hawthorne by Pennyfarthing – Vancouver West Side
- Channel by Pennyfarthing – New Westminster
- Slate & Ash by Pennyfarthing – Vancouver
- 4138 Cambie by Pennyfarthing – Cambie & King Edward
Presale Strata Maintenance Fee Estimate
Presale strata fee estimates were not publicly disclosed.
Completion Year for Basalt by Pennyfarthing – 5058 Cambie Street
Basalt by Pennyfarthing at 5058 Cambie Street was completed in 2020.
Property Highlights
51 units
storeys
Est. completion: 2020
Storage:
Total Parking:
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