5866 WALLACE ST, Vancouver BC V6N 2A4, Vancouver, BC

$3,188,000
Est. Mortgage /mo

MLS® R2773165

Closed

$3,188,000
Closed at 31 May 2023
Listing price: $3,188,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
5 Beds
4 Baths
2 Stories
lot 6778 sqft
3435 sqft
1994 built
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Map
Street view
Schools
Crime
Commute
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Property details

Welcome to this one owner custom built house designed by Formwerks in prime Southlands area minutes away from UBC, Southlands Elementary, St. Georges, and Crofton House schools. Upstairs offers 4 bedrooms & 2 full bathrooms, a large ensuite, walk-in closet, and sundeck for the primary bedroom. The spacious main floor provides a dining room great for family gatherings, a large living room & a nicely tucked away den to work from home, open kitchen/eating area and family room, a 2 pce bath, and mudroom for family shoes and coats! In the basement you'll find a one bedroom suite perfect for a UBC student, laundry for both up and down, and plenty of storage. The backyard comes with a comfortable patio space off both the family room and kitchen, and a 2 car garage with attached workshop.

General Info

Price $3,188,000
Total Bedrooms 5
Total Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 3435
Lot Size 6778.02
Lot Size Depth Feet
Lot Size Frontage 0
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1994
Age Of Building 29
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Disposal, Refrigerator, Cooktop
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2773165
Area Vancouver West
Neighbourhood Southlands
City Vancouver
Gross Taxes $9,430.06
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 4
Heating Type 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 Double, Front Access, Garage Door Opener
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning RS-5
Rental Suites -
# of Kitchens 2
Flooring Hardwood, Carpet
Foundation Concrete Perimeter
Interior Features Central Vacuum
Locker -
View Description -
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 05-31-2023 $3,188,000
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Listed by: TRG The Residential Group 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
Point Grey Secondary School
2.77 km
No Rating
Elementary
Southlands Elementary School
Average
0.71 km
Rating 5.7/10

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

Elementary, Secondary
Crofton House
0.98 km
No Rating
Elementary, Secondary
Crofton House
0.98 km
No Rating

Closest Transit

Translink
Eastbound W 41 Ave @ Wallace St
0.12 km

5866 WALLACE STREET, Vancouver BC V6N 2A4 is serviced by Southlands Elementary School. The property with listing MLS® R2773165 is located 0.71 km from the school. Southlands Elementary School has a rating of Rating 5.7/10.

This home with address 5866 WALLACE STREET, Vancouver BC V6N 2A4, Vancouver, BC is also serviced by Point Grey Secondary School and located 2.77 km from it. Point Grey Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 5866 WALLACE STREET, Vancouver BC V6N 2A4 is Crofton House with School's rating No Rating, located 0.98 km from this home.

The closest to this address 5866 WALLACE STREET, Vancouver BC V6N 2A4 Secondary independent school is Crofton House with School's rating No Rating, located 0.98 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 - 5866 WALLACE STREET, Vancouver BC V6N 2A4, 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® R2773165 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 5866 WALLACE STREET, Vancouver BC V6N 2A4 are Above Average. Property misconduct rating adjacent to MLS® R2773165 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 W 41 Ave @ Wallace St in 0.12 km away from this listing with - MLS® R2773165.

52.6% of people with university certificate/degree live in this neighbourhood adjacent to the 5866 WALLACE STREET, Vancouver BC V6N 2A4 which is High in comparison with other BC neighbourhoods. 6.8% of population in this neighbourhood that is near the Listing MLS® R2773165 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 5866 WALLACE STREET, Vancouver BC V6N 2A4, Vancouver, BC is $125184 which is High in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2773165 is $45210 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 38.8% which is Low.

Unemployment rate in the area around Real Estate Listing # R2773165 is 8.6 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 5866 WALLACE STREET, Vancouver BC V6N 2A4 Southlands where population change between 2011 and 2016 was -2%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 5866 WALLACE STREET, Vancouver BC V6N 2A4, Vancouver, BC is 1184.3 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 5866 WALLACE STREET, Vancouver BC V6N 2A4 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® R2773165 is 65.6% and it is Above Average. % of Married or living common law is around 61.8% and it is Above Average.

Average age of the population close to the 5866 WALLACE STREET, Vancouver BC V6N 2A4 is 42.7 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 5866 WALLACE STREET, Vancouver BC V6N 2A4, Vancouver, BC is $2968823 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 5866 WALLACE STREET, Vancouver BC V6N 2A4. $2308 owners spent in average for the dwelling. Tenants are paying $2069 in this district close to MLS® R2773165 and it is High comparing to other cities.

11.4% of Population in this district near the 5866 WALLACE STREET, Vancouver BC V6N 2A4 are Renters and it is Below Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 5866 WALLACE STREET, Vancouver BC V6N 2A4, Vancouver, BC is 11.3%, it is Above Average, % of English speakers only is 83.6% and Below Average. % of Neither English nor French speakers close to home for sale 5866 WALLACE STREET, Vancouver BC V6N 2A4, Vancouver, BC is 5% and it is High comparing to other BC cities.

13.5% of all population in the area around this property with the address 5866 WALLACE STREET, Vancouver BC V6N 2A4, Vancouver, BC using Public Transport which is Average, 75.6% of using population are using Cars around MLS® R2773165, which is Below Average. 4% of people using Bicycles around the 5866 WALLACE STREET, Vancouver BC V6N 2A4 and it is High. 4.3% 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 $3,188,000
Vancouver $4,186,333
Southlands $3,740,000
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
Call or Text Now!
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