3550 WELWYN ST, Vancouver BC V5N 3Y7, Vancouver, BC

$1,689,000
Est. Mortgage /mo

MLS® R2779962

Closed

$1,710,000
Closed at 05 Sep 2023
Listing price: $1,689,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
4 Beds
3 Baths
2 Stories
lot 4026 sqft
2288 sqft
1906 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Great opportunity with this authorized RS-2 zoned 4,026sqft lot in an excellent walkable location. Plans submitted for a duplex + infill by a quality architect(1303sf front, 1180sf back, 1006sf infill) comes with lots of potential 1) triplex 2) build a duplex 3) hold 4) COV changes for the RS zoning. Come check out this trendy location in Cedar Cottage, close to great cafes, schools, Clark park and Trout lake, stores and transit is a 15 minute walk away. Currently three rentals that generates $58,750 annually. Some updates over the years, including hardwood floors on the main, gas ranges in all 3 suites, newer roof, high efficiency furnace and a 2016 hot water tank. Shared laundry in the lower level.

General Info

Price $1,689,000
Total Bedrooms 4
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2288
Lot Size 4026
Lot Size Depth Feet
Lot Size Frontage 33
Basement Partially Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1906
Age Of Building 117
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2779962
Area Vancouver East
Neighbourhood Victoria VE
City Vancouver
Gross Taxes $4,683.16
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Single, Open, RV Access/Parking, Rear Access
Total Parking Spaces 3

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Strata Restrictions -
Rental Restrictions -
Zoning RS-2
Rental Suites Licensed Suite
Laundry In Unit, Common Area
# of Kitchens 3
Flooring Hardwood, Tile, Vinyl, Wall/Wall/Mixed
Foundation Concrete Perimeter
Interior Features Storage
Locker -
View Description -
Units In Development -
Exterior Features Garden, Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 09-05-2023 $1,689,000
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Listed by: RE/MAX Select Realty

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
Gladstone Secondary School
0.72 km
No Rating
Elementary
Lord Selkirk Elementary School
0.37 km
No Rating
Elementary
Lord Selkirk Annex
0.9 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
St.Joseph's School
0.38 km
Rating 8/10
Elementary, Secondary
Stratford Hall School
0.5 km
Rating 8.7/10

Closest Transit

Translink
Southbound Victoria Diversion @ Commercial St
0.14 km

3550 WELWYN STREET, Vancouver BC V5N 3Y7 is serviced by Lord Selkirk Elementary School. The property with listing MLS® R2779962 is located 0.37 km from the school. Lord Selkirk Elementary School has a rating of No Rating.

This home with address 3550 WELWYN STREET, Vancouver BC V5N 3Y7, Vancouver, BC is also serviced by Gladstone Secondary School and located 0.72 km from it. Gladstone Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 3550 WELWYN STREET, Vancouver BC V5N 3Y7 is St.Joseph's School with School's rating Rating 8/10, located 0.38 km from this home.

The closest to this address 3550 WELWYN STREET, Vancouver BC V5N 3Y7 Secondary independent school is Stratford Hall School with School's rating Rating 8.7/10, located 0.5 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 - 3550 WELWYN STREET, Vancouver BC V5N 3Y7, 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® R2779962 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 3550 WELWYN STREET, Vancouver BC V5N 3Y7 are Above Average. Property misconduct rating adjacent to MLS® R2779962 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 Victoria Diversion @ Commercial St in 0.14 km away from this listing with - MLS® R2779962.

35.5% of people with university certificate/degree live in this neighbourhood adjacent to the 3550 WELWYN STREET, Vancouver BC V5N 3Y7 which is High in comparison with other BC neighbourhoods. 16.1% of population in this neighbourhood that is near the Listing MLS® R2779962 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 3550 WELWYN STREET, Vancouver BC V5N 3Y7, Vancouver, BC is $72802 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2779962 is $32998 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 64.7% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2779962 is 6.4 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 3550 WELWYN STREET, Vancouver BC V5N 3Y7 Victoria VE where population change between 2011 and 2016 was 10.3%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 3550 WELWYN STREET, Vancouver BC V5N 3Y7, Vancouver, BC is 7324.1 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 3550 WELWYN STREET, Vancouver BC V5N 3Y7 is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2779962 is 64.3% and it is Above Average. % of Married or living common law is around 53.5% and it is Below Average.

Average age of the population close to the 3550 WELWYN STREET, Vancouver BC V5N 3Y7 is 38.7 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 3550 WELWYN STREET, Vancouver BC V5N 3Y7, Vancouver, BC is $1082701 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 3550 WELWYN STREET, Vancouver BC V5N 3Y7. $1690 owners spent in average for the dwelling. Tenants are paying $1218 in this district close to MLS® R2779962 and it is Above Average comparing to other cities.

44.8% of Population in this district near the 3550 WELWYN STREET, Vancouver BC V5N 3Y7 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 3550 WELWYN STREET, Vancouver BC V5N 3Y7, Vancouver, BC is 10.2%, it is Above Average, % of English speakers only is 82.6% and Below Average. % of French speakers adjacent to 3550 WELWYN STREET, Vancouver BC V5N 3Y7 only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 3550 WELWYN STREET, Vancouver BC V5N 3Y7, Vancouver, BC is 7.2% and it is High comparing to other BC cities.

32.2% of all population in the area around this property with the address 3550 WELWYN STREET, Vancouver BC V5N 3Y7, Vancouver, BC using Public Transport which is High, 52.7% of using population are using Cars around MLS® R2779962, which is Low. 8.8% of people using Bicycles around the 3550 WELWYN STREET, Vancouver BC V5N 3Y7 and it is High. 4.5% of population are walking which is 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 $1,689,000
Vancouver $2,139,726
Victoria VE $1,660,000
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
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