488 LAKEWOOD DR, Vancouver BC V5L 4L7, Vancouver, BC

$1,288,000
Est. Mortgage /mo

MLS® R2843358

Closed

$1,401,000
Closed at 02 Feb 2024
Listing price: $1,288,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
2 Beds
3 Baths
2 Stories
$ 0 Maint. Fee
1226 sqft
2008 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Bright and airy Craftsman style 1/2 duplex on a corner lot. Well-maintained dual primary 2 bed, 2.5 bath in central Hastings just steps from community retail. 9' ceilings on main and lofty 11'4 ceilings upstairs. 1,226 SQFT of living space on two levels and over 1,270 SQFT of private yard space on a 44' x 40' lot with a single car garage. Mature healthy garden comprised of blueberries, grapes and perennial flowers. South/West exposure is perfect for growing plants and seasonal vegetables. Freshly painted interior, custom bedroom millwork, hardwood flooring throughout including stairs. Granite countertops and stainless appliances.

General Info

Price $1,288,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 1226
Lot Size 1760
Lot Size Depth -
Lot Size Frontage 44
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2008
Age Of Building 16
Building Type Half Duplex
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Cooktop, Microwave
Building Features BuildingFeatures
Structures Duplex, Residential Attached

Additional Details

MLS # R2843358
Area Vancouver East
Neighbourhood Hastings
City Vancouver
Gross Taxes $5,085.23
Ownership Type Freehold Strata
Maintenance Fee 0
Fixtures Included 1

Heating & Cooling

Fireplace 1
Heating Type Electric

Utilities

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

Parking

Parking Type Garage Single
Total Parking Spaces 1

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Strata Restrictions Pets Allowed,Rentals Allowed
Pet Restrictions Yes
Rental Restrictions -
Zoning RM-8A
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter
Interior Features Storage, Central Vacuum, Vaulted Ceiling(s)
Locker -
View 1
View Description Views of Grouse Mountain
Units In Development 2
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 02-02-2024 $1,288,000
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Listed by: Macdonald Platinum Marketing Ltd.

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
Sir William Macdonald Community School
0.24 km
No Rating
Secondary
Templeton Secondary School
0.21 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, Secondary
PALS Autism School
0.41 km
No Rating
Elementary, Secondary
PALS Autism School
0.41 km
No Rating

Closest Transit

Translink
Eastbound E Hastings St @ Lakewood Dr
0.07 km

488 LAKEWOOD DRIVE, Vancouver BC V5L 4L7 is serviced by Sir William Macdonald Community School. The property with listing MLS® R2843358 is located 0.24 km from the school. Sir William Macdonald Community School has a rating of No Rating.

This home with address 488 LAKEWOOD DRIVE, Vancouver BC V5L 4L7, Vancouver, BC is also serviced by Templeton Secondary School and located 0.21 km from it. Templeton Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 488 LAKEWOOD DRIVE, Vancouver BC V5L 4L7 is PALS Autism School with School's rating No Rating, located 0.41 km from this home.

The closest to this address 488 LAKEWOOD DRIVE, Vancouver BC V5L 4L7 Secondary independent school is PALS Autism School with School's rating No Rating, located 0.41 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 - 488 LAKEWOOD DRIVE, Vancouver BC V5L 4L7, 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® R2843358 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 488 LAKEWOOD DRIVE, Vancouver BC V5L 4L7 are Above Average. Property misconduct rating adjacent to MLS® R2843358 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 Eastbound E Hastings St @ Lakewood Dr in 0.07 km away from this listing with - MLS® R2843358.

28.8% of people with university certificate/degree live in this neighbourhood adjacent to the 488 LAKEWOOD DRIVE, Vancouver BC V5L 4L7 which is Above Average in comparison with other BC neighbourhoods. 17% of population in this neighbourhood that is near the Listing MLS® R2843358 have no certificate or degree. This number is Average compared to the average in BC.

Median Household Income near this dwelling with the address 488 LAKEWOOD DRIVE, Vancouver BC V5L 4L7, Vancouver, BC is $55698 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2843358 is $30121 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 63.3% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2843358 is 5.8 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 488 LAKEWOOD DRIVE, Vancouver BC V5L 4L7 Hastings where population change between 2011 and 2016 was 5.4%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 488 LAKEWOOD DRIVE, Vancouver BC V5L 4L7, Vancouver, BC is 6720.1 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 488 LAKEWOOD DRIVE, Vancouver BC V5L 4L7 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® R2843358 is 54.9% and it is Average. % of Married or living common law is around 44.1% and it is Low.

Average age of the population close to the 488 LAKEWOOD DRIVE, Vancouver BC V5L 4L7 is 40.2 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 488 LAKEWOOD DRIVE, Vancouver BC V5L 4L7, Vancouver, BC is $829038 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 488 LAKEWOOD DRIVE, Vancouver BC V5L 4L7. $1532 owners spent in average for the dwelling. Tenants are paying $1044 in this district close to MLS® R2843358 and it is Average comparing to other cities.

60.1% of Population in this district near the 488 LAKEWOOD DRIVE, Vancouver BC V5L 4L7 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 488 LAKEWOOD DRIVE, Vancouver BC V5L 4L7, Vancouver, BC is 11.1%, it is Above Average, % of English speakers only is 81.2% and Below Average. % of French speakers adjacent to 488 LAKEWOOD DRIVE, Vancouver BC V5L 4L7 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 488 LAKEWOOD DRIVE, Vancouver BC V5L 4L7, Vancouver, BC is 7.6% and it is High comparing to other BC cities.

32.8% of all population in the area around this property with the address 488 LAKEWOOD DRIVE, Vancouver BC V5L 4L7, Vancouver, BC using Public Transport which is High, 47% of using population are using Cars around MLS® R2843358, which is Low. 12.6% of people using Bicycles around the 488 LAKEWOOD DRIVE, Vancouver BC V5L 4L7 and it is High. 6.8% 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 $1,288,000
Vancouver No comparables
Hastings 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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