438 48th Ave, Vancouver BC V5Y 2Z1, Vancouver, BC

$4,279,999
Est. Mortgage /mo

MLS® R2743295

Closed

$3,798,000
Closed at 23 Oct 2023
Listing price: $4,279,999
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
6 Beds
4 Baths
2 Stories
lot 7405 sqft
4287 sqft
1987 built
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Property details

INVESTOR and DEVELOPER Alert! Large PRIME FLAT lot with LANE access along the Cambie Corridor Phase 3 Official Community Plan (Town house). Conveniently located just steps from Langara-49 Avenue Canada Line Skytrain Station and close to everything including transit, schools, Langara College, T&T supermarket, Oak Ridge Mall, Golf course, and restaurants. The potential is extraordinary, either you can live in it, rent & hold, or develop this gem. You can't miss this Land Assembly opportunity (460 and 438 W. 48th Ave) that is unbelievably close to a Skytrain station. Potential for additional rental suite for extra rental income! Check with your Realtor today or call for information! No for sale sign by seller's request

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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

Elementary
Dr. Annie B. Jamieson Elementary School
Above Average
0.43 km
Rating 8.3/10

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

Secondary
King David High School
0.95 km
No Rating
Secondary
King David High School
0.95 km
No Rating

Closest Transit

Translink
Langara-49th Station @ Bay 1
0.07 km

438 48th Avenue, Vancouver BC V5Y 2Z1 is serviced by Dr. Annie B. Jamieson Elementary School. The property with listing MLS® R2743295 is located 0.43 km from the school. Dr. Annie B. Jamieson Elementary School has a rating of Rating 8.3/10.

The closest Elementary independent school to this home for sale located at 438 48th Avenue, Vancouver BC V5Y 2Z1 is King David High School with School's rating No Rating, located 0.95 km from this home.

The closest to this address 438 48th Avenue, Vancouver BC V5Y 2Z1 Secondary independent school is King David High School with School's rating No Rating, located 0.95 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 - 438 48th Avenue, Vancouver BC V5Y 2Z1, 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® R2743295 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 438 48th Avenue, Vancouver BC V5Y 2Z1 are Above Average. Property misconduct rating adjacent to MLS® R2743295 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 Langara-49th Station @ Bay 1 in 0.07 km away from this listing with - MLS® R2743295.

38.9% of people with university certificate/degree live in this neighbourhood adjacent to the 438 48th Avenue, Vancouver BC V5Y 2Z1 which is High in comparison with other BC neighbourhoods. 14.1% of population in this neighbourhood that is near the Listing MLS® R2743295 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 438 48th Avenue, Vancouver BC V5Y 2Z1, Vancouver, BC is $71851 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2743295 is $28651 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 47% which is Low.

Unemployment rate in the area around Real Estate Listing # R2743295 is 4.6 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 438 48th Avenue, Vancouver BC V5Y 2Z1 where population change between 2011 and 2016 was 4.2%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 438 48th Avenue, Vancouver BC V5Y 2Z1, Vancouver, BC is 5251.5 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 438 48th Avenue, Vancouver BC V5Y 2Z1 is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2743295 is 67.9% 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 438 48th Avenue, Vancouver BC V5Y 2Z1 is 40.8 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 438 48th Avenue, Vancouver BC V5Y 2Z1, Vancouver, BC is $1890078 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 438 48th Avenue, Vancouver BC V5Y 2Z1. $1811 owners spent in average for the dwelling. Tenants are paying $1194 in this district close to MLS® R2743295 and it is Above Average comparing to other cities.

40.3% of Population in this district near the 438 48th Avenue, Vancouver BC V5Y 2Z1 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 438 48th Avenue, Vancouver BC V5Y 2Z1, Vancouver, BC is 6.9%, it is Average, % of English speakers only is 86.7% and Below Average. % of Neither English nor French speakers close to home for sale 438 48th Avenue, Vancouver BC V5Y 2Z1, Vancouver, BC is 6.4% and it is High comparing to other BC cities.

33.9% of all population in the area around this property with the address 438 48th Avenue, Vancouver BC V5Y 2Z1, Vancouver, BC using Public Transport which is High, 56.3% of using population are using Cars around MLS® R2743295, which is Low. 5% of people using Bicycles around the 438 48th Avenue, Vancouver BC V5Y 2Z1 and it is High. 3% of population are walking which is Below 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 $4,279,999
Vancouver $4,448,667
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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