Studio 58 began as a small Theatre Arts course in 1965 and classes were first held on the King Edward Campus of Vancouver Community College. The department moved to new facilities on the Langara Campus in 1970 and began to be known as Studio 58 (referring to the room number of the theatre space).

The school operates its own theatre and presents four full-length and two indie-style productions annually. Professional directors and designers are hired to work on each production. Studio 58 productions are open to the public and reviewed by the Vancouver media.