748 W 61ST AVE, Vancouver BC V6P 2B5, Vancouver, BC

$2,450,000
Est. Mortgage /mo

MLS® R2895638

Closed

$2,300,000
Closed at 02 Oct 2024
Listing price: $2,450,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
2 Beds
1 Baths
15 Stories
lot 5120 sqft
1254 sqft
1950 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Opportunity to develop in one of Van Westside's most central neighbourhoods. Offered for the 1st time, this prime 5,120 lot sunny, south-facing lot (42' x 121.91') with lane access is the perfect canvas for builders and investors. Zoning allows for multiple development options, including a luxurious custom home, a multifamily complex of up to five units, or a spacious duplex—making this an ideal choice for those looking to maximize their investment. Located in the central Marpole area, this property is perfectly positioned within walking distance to top-rated schools like Sir Wilfrid Laurier Elementary, Sir Winston Churchill Secondary, and Langara College. Enjoy nearby Oakridge Park or the vibrant Marine Gateway, offering T&T, Cineplex Cinemas, dining and shopping.

General Info

Price $2,450,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1254
Lot Size 5120
Lot Size Depth Feet
Lot Size Frontage 42
Basement Partial
Basement Features BasementFeatures

Property Metrics

Year Built 1950
Age Of Building 74
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 15
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2895638
Area Vancouver West
Neighbourhood Marpole
City Vancouver
Gross Taxes $8,906.47
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Open, Lane Access
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RS-1
Rental Suites -
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features No Outdoor Area
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 10-02-2024 $2,450,000
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Listed by: eXp 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
Sir Winston Churchill Secondary School
0.66 km
No Rating
Elementary
Sir Wilfrid Laurier Elementary School
Above Average
0.49 km
Rating 7.5/10
Elementary
Sir Wilfrid Laurier Elementary School
0.49 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
Vancouver Hebrew Academy
1.42 km
No Rating
Secondary
Royal Canadian College
0.87 km
No Rating

Closest Transit

Translink
Southbound Cambie St @ W 62 Ave
0.35 km

748 W 61ST AVENUE, Vancouver BC V6P 2B5 is serviced by Sir Wilfrid Laurier Elementary School. The property with listing MLS® R2895638 is located 0.49 km from the school. Sir Wilfrid Laurier Elementary School has a rating of Rating 7.5/10.

This home with address 748 W 61ST AVENUE, Vancouver BC V6P 2B5, Vancouver, BC is also serviced by Sir Winston Churchill Secondary School and located 0.66 km from it. Sir Winston Churchill Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 748 W 61ST AVENUE, Vancouver BC V6P 2B5 is Vancouver Hebrew Academy with School's rating No Rating, located 1.42 km from this home.

The closest to this address 748 W 61ST AVENUE, Vancouver BC V6P 2B5 Secondary independent school is Royal Canadian College with School's rating No Rating, located 0.87 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 - 748 W 61ST AVENUE, Vancouver BC V6P 2B5, 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® R2895638 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 748 W 61ST AVENUE, Vancouver BC V6P 2B5 are Above Average. Property misconduct rating adjacent to MLS® R2895638 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 Cambie St @ W 62 Ave in 0.35 km away from this listing with - MLS® R2895638.

36.6% of people with university certificate/degree live in this neighbourhood adjacent to the 748 W 61ST AVENUE, Vancouver BC V6P 2B5 which is High in comparison with other BC neighbourhoods. 13.5% of population in this neighbourhood that is near the Listing MLS® R2895638 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 748 W 61ST AVENUE, Vancouver BC V6P 2B5, Vancouver, BC is $66125 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2895638 is $24722 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 42.1% which is Low.

Unemployment rate in the area around Real Estate Listing # R2895638 is 5.8 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 748 W 61ST AVENUE, Vancouver BC V6P 2B5 Marpole where population change between 2011 and 2016 was -3.8%. This is Low in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 748 W 61ST AVENUE, Vancouver BC V6P 2B5, Vancouver, BC is 4785.1 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 748 W 61ST AVENUE, Vancouver BC V6P 2B5 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® R2895638 is 71.8% and it is High. % of Married or living common law is around 54.7% and it is Below Average.

Average age of the population close to the 748 W 61ST AVENUE, Vancouver BC V6P 2B5 is 42.4 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 748 W 61ST AVENUE, Vancouver BC V6P 2B5, Vancouver, BC is $1969471 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 748 W 61ST AVENUE, Vancouver BC V6P 2B5. $1719 owners spent in average for the dwelling. Tenants are paying $1226 in this district close to MLS® R2895638 and it is Above Average comparing to other cities.

39.5% of Population in this district near the 748 W 61ST AVENUE, Vancouver BC V6P 2B5 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 748 W 61ST AVENUE, Vancouver BC V6P 2B5, Vancouver, BC is 5.1%, it is Below Average, % of English speakers only is 84.8% and Below Average. % of French speakers adjacent to 748 W 61ST AVENUE, Vancouver BC V6P 2B5 only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 748 W 61ST AVENUE, Vancouver BC V6P 2B5, Vancouver, BC is 10.2% and it is High comparing to other BC cities.

33.3% of all population in the area around this property with the address 748 W 61ST AVENUE, Vancouver BC V6P 2B5, Vancouver, BC using Public Transport which is High, 60% of using population are using Cars around MLS® R2895638, which is Low. 1.9% of people using Bicycles around the 748 W 61ST AVENUE, Vancouver BC V6P 2B5 and it is Above Average. 3.4% 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 $2,450,000
Vancouver $2,300,000
Marpole 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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