753 E 55TH AVE, Vancouver BC V5X 1N8, Vancouver, BC

$3,498,000
Est. Mortgage /mo

MLS® R2985345

$3,498,000
$2,988,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
10 Beds
4 Baths
2 Stories
lot 7897 sqft
4200 sqft
1967 built
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Property details

**INVESTOR & BUILDER ALERT!** Rarely available **7,900 SQFT sub-dividable lot** with **2 legal city lots** in desirable South Vancouver. This elevated property offers **wide frontage** and stunning **southern views** of Richmond and the Fraser River. Huge development potential with the possibility to build **up to 8 units** under future multi-family zoning (subject to City approval). Currently owner-occupied with **two income-generating basement suites**, making it an ideal holding property. Located near Fraser St, Main St, 49th Ave, and the Punjabi Market, with excellent transit and amenities nearby. A solid, updated home perfect for **redevelopment or long-term investment**. Opportunities like this are rare—act fast!

General Info

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Property History

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Status Date Price
Active - $3,498,000

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

Secondary
John Oliver Secondary School
1.44 km
No Rating
Elementary
John Henderson Elementary School
Below Average
0.53 km
Rating 2.9/10

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
St. Andrew's
0.93 km
No Rating
Elementary
St. Andrew's
0.93 km
No Rating

Closest Transit

Translink
Southbound Fraser St @ E 55 Ave
0.16 km

753 E 55TH AVENUE, Vancouver BC V5X 1N8 is serviced by John Henderson Elementary School. The property with listing MLS® R2985345 is located 0.53 km from the school. John Henderson Elementary School has a rating of Rating 2.9/10.

This home with address 753 E 55TH AVENUE, Vancouver BC V5X 1N8, Vancouver, BC is also serviced by John Oliver Secondary School and located 1.44 km from it. John Oliver Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 753 E 55TH AVENUE, Vancouver BC V5X 1N8 is St. Andrew's with School's rating No Rating, located 0.93 km from this home.

The closest to this address 753 E 55TH AVENUE, Vancouver BC V5X 1N8 Secondary independent school is St. Andrew's with School's rating No Rating, located 0.93 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 - 753 E 55TH AVENUE, Vancouver BC V5X 1N8, 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® R2985345 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 753 E 55TH AVENUE, Vancouver BC V5X 1N8 are Above Average. Property misconduct rating adjacent to MLS® R2985345 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 Fraser St @ E 55 Ave in 0.16 km away from this listing with - MLS® R2985345.

18.3% of people with university certificate/degree live in this neighbourhood adjacent to the 753 E 55TH AVENUE, Vancouver BC V5X 1N8 which is Average in comparison with other BC neighbourhoods. 24.6% of population in this neighbourhood that is near the Listing MLS® R2985345 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 753 E 55TH AVENUE, Vancouver BC V5X 1N8, Vancouver, BC is $63872 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2985345 is $24149 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 52.7% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2985345 is 4.8 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 753 E 55TH AVENUE, Vancouver BC V5X 1N8 South Vancouver where population change between 2011 and 2016 was 0.7%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 753 E 55TH AVENUE, Vancouver BC V5X 1N8, Vancouver, BC is 7983.7 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 753 E 55TH AVENUE, Vancouver BC V5X 1N8 is 3.1. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2985345 is 75.2% and it is High. % of Married or living common law is around 53.7% and it is Below Average.

Average age of the population close to the 753 E 55TH AVENUE, Vancouver BC V5X 1N8 is 40.3 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 753 E 55TH AVENUE, Vancouver BC V5X 1N8, Vancouver, BC is $1480765 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 753 E 55TH AVENUE, Vancouver BC V5X 1N8. $1669 owners spent in average for the dwelling. Tenants are paying $1022 in this district close to MLS® R2985345 and it is Average comparing to other cities.

45% of Population in this district near the 753 E 55TH AVENUE, Vancouver BC V5X 1N8 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 753 E 55TH AVENUE, Vancouver BC V5X 1N8, Vancouver, BC is 3.3%, it is Low, % of English speakers only is 87.2% and Below Average. % of French speakers adjacent to 753 E 55TH AVENUE, Vancouver BC V5X 1N8 only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 753 E 55TH AVENUE, Vancouver BC V5X 1N8, Vancouver, BC is 9.3% and it is High comparing to other BC cities.

31.2% of all population in the area around this property with the address 753 E 55TH AVENUE, Vancouver BC V5X 1N8, Vancouver, BC using Public Transport which is High, 63.2% of using population are using Cars around MLS® R2985345, which is Low. 1.8% of people using Bicycles around the 753 E 55TH AVENUE, Vancouver BC V5X 1N8 and it is Above Average. 2.5% 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 $3,498,000
Vancouver $3,998,000
South Vancouver 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
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