2806 W 6TH AVE, Vancouver BC V5Z 1Y5, Vancouver, BC

$3,598,000
Est. Mortgage /mo

MLS® R2773366

Closed

$3,450,000
Closed at 14 Jun 2023
Listing price: $3,598,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
7 Beds
4 Baths
2 Stories
lot 5599 sqft
2699 sqft
1929 built
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Property details

This renovated 4-plex is situated in Kitsilano, one of the most highly sought-after neighbourhoods. The property consists of three legal suites and one separate one-bedroom unit, all of which are fully tenanted, providing immediate rental income. The property has been updated with modern features, making it an attractive option for potential tenants. It currently generates a yearly rental income of over $110,000, with ability to increase upon tenant vacancy. Additionally, the RT-7 zoning on the 5600 SQ FT corner lot, offers potential for future development opportunities, increasing its long-term value as an investment. The property's location in a desirable area with easy access to transit and amenities. For those looking to expand their real estate portfolio, come check it out!

General Info

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Property History

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Status Date Price

Listed by:

NOTE: 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary
Kitsilano Secondary School
0.57 km
No Rating
Elementary
General Gordon Elementary School
0.13 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
Pear Tree Elementary School
0.36 km
No Rating
Elementary, Secondary
Fraser Academy
0.93 km
No Rating

Closest Transit

Translink
Southbound Macdonald St @ W 6th Ave
0.03 km

2806 W 6TH AVENUE, Vancouver BC V5Z 1Y5 is serviced by General Gordon Elementary School. The property with listing MLS® R2773366 is located 0.13 km from the school. General Gordon Elementary School has a rating of No Rating.

This home with address 2806 W 6TH AVENUE, Vancouver BC V5Z 1Y5, Vancouver, BC is also serviced by Kitsilano Secondary School and located 0.57 km from it. Kitsilano Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 2806 W 6TH AVENUE, Vancouver BC V5Z 1Y5 is Pear Tree Elementary School with School's rating No Rating, located 0.36 km from this home.

The closest to this address 2806 W 6TH AVENUE, Vancouver BC V5Z 1Y5 Secondary independent school is Fraser Academy with School's rating No Rating, located 0.93 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 2806 W 6TH AVENUE, Vancouver BC V5Z 1Y5, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2773366 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 2806 W 6TH AVENUE, Vancouver BC V5Z 1Y5 are Above Average. Property misconduct rating adjacent to MLS® R2773366 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Southbound Macdonald St @ W 6th Ave in 0.03 km away from this listing with - MLS® R2773366.

58.7% of people with university certificate/degree live in this neighbourhood adjacent to the 2806 W 6TH AVENUE, Vancouver BC V5Z 1Y5 which is High in comparison with other BC neighbourhoods. 6.6% of population in this neighbourhood that is near the Listing MLS® R2773366 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 2806 W 6TH AVENUE, Vancouver BC V5Z 1Y5, Vancouver, BC is $76096 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2773366 is $40405 which is Above Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 50.6% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2773366 is 5.6 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 2806 W 6TH AVENUE, Vancouver BC V5Z 1Y5 Kitsilano where population change between 2011 and 2016 was 6.4%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 2806 W 6TH AVENUE, Vancouver BC V5Z 1Y5, Vancouver, BC is 8007.1 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 2806 W 6TH AVENUE, Vancouver BC V5Z 1Y5 is 2.7. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2773366 is 49.5% and it is Below Average. % of Married or living common law is around 52.5% and it is Below Average.

Average age of the population close to the 2806 W 6TH AVENUE, Vancouver BC V5Z 1Y5 is 38.1 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 2806 W 6TH AVENUE, Vancouver BC V5Z 1Y5, Vancouver, BC is $1426894 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 2806 W 6TH AVENUE, Vancouver BC V5Z 1Y5. $1750 owners spent in average for the dwelling. Tenants are paying $1617 in this district close to MLS® R2773366 and it is High comparing to other cities.

54.7% of Population in this district near the 2806 W 6TH AVENUE, Vancouver BC V5Z 1Y5 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 2806 W 6TH AVENUE, Vancouver BC V5Z 1Y5, Vancouver, BC is 17.6%, it is Above Average, % of English speakers only is 81.6% and Below Average. % of French speakers adjacent to 2806 W 6TH AVENUE, Vancouver BC V5Z 1Y5 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 2806 W 6TH AVENUE, Vancouver BC V5Z 1Y5, Vancouver, BC is 0.7% and it is Below Average comparing to other BC cities.

35.2% of all population in the area around this property with the address 2806 W 6TH AVENUE, Vancouver BC V5Z 1Y5, Vancouver, BC using Public Transport which is High, 40.9% of using population are using Cars around MLS® R2773366, which is Low. 12.3% of people using Bicycles around the 2806 W 6TH AVENUE, Vancouver BC V5Z 1Y5 and it is High. 9.7% of population are walking which is Above Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $3,598,000
Vancouver $3,315,999
Kitsilano No comparables
Data is based on list prices of similar active listings. 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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Call or Text Now!
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