Investor and developer alert! Macdonald & Broadway! Potential mid-rise zoning on it's way. Perfect opportunity to purchase and hold this property in this Prime Kitsilano neighbourhood for the potential Broadway Subway-Millenium Extension. Hold this property and collect an annual rent of $78,000! Contact listing agent for more information.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Bedroom | 11'6 x 11'6 ft |
| Main Level | Bedroom | 8'10 x 8'10 ft |
| Main Level | Living Room | 13'5 x 13'5 ft |
| Above Level | Bedroom | 11'4 x 11'4 ft |
| Above Level | Bedroom | 14'5 x 14'5 ft |
| Above Level | Bedroom | 11'2 x 11'2 ft |
| Basement Level | Dining Room | 12'9 x 12'9 ft |
| Basement Level | Mud Room | 8'4 x 8'4 ft |
| Basement Level | Laundry | 20'0 x 20'0 ft |
| Basement Level | Bedroom | 14'4 x 14'4 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Above Level | No | #4 |
| Basement | No | #4 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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Welcome to 2318 Macdonald Street, a charming property located in the heart of Vancouver, BC. As we walk through this beautiful neighborhood, you'll discover why this area is a sought-after destination for families and individuals alike.
As we explore the area surrounding 2318 Macdonald Street, you'll find that General Gordon Elementary School is just a short 0.18 km away. This school has a rating of No Rating, but families love this area because of its excellent educational options. Additionally, Kitsilano Secondary School is located 0.46 km from this property, offering students a range of academic and extracurricular opportunities. For those looking for independent education options, Pear Tree Elementary School is just 0.25 km away, and Fraser Academy is 0.85 km from the property.
According to the latest crime data from Statistics Canada (2020), this neighborhood has an average crime rate of 7,470.82 incidents per 100,000 population. While this may seem concerning, it's essential to note that the overall crime rate in Vancouver is relatively average compared to other Canadian cities. The year-over-year change in the total crime rate is -14.94%, indicating a decrease in crime over time. Specifically, drug crime rates are average, with a rating of 229.49 incidents per 100,000 population. Property crimes in the area are above average, with a rating of 5,020.27 incidents per 100,000 population. However, the year-over-year change in property misconduct rates is -20.80%, showing a decline in property crimes. Violent crime rates are below average, with a rating of 1,311.69 incidents per 100,000 population, and the year-over-year change is 3.53%, indicating a slight increase.
For those who rely on public transportation, the Northbound Macdonald St @ W 7th Ave bus station is just 0.06 km away from 2318 Macdonald Street. This convenient location makes it easy to get around the city without a car.
This neighborhood is home to a diverse community, with 58.7% of residents having a university certificate or degree, which is high compared to other BC neighborhoods. Conversely, 6.6% of the population has no certificate or degree, which is low compared to the average in BC. The median household income is $76,096, which is above average compared to the British Columbia average. The median personal income is $40,405, also above average. However, the percentage of households with a mortgage is 50.6%, which is below average.
The unemployment rate in this area is 5.6%, which is low compared to other province neighborhoods. The population change between 2011 and 2016 was 6.4%, which is above average in comparison to average growth rate of this region. This indicates a stable and growing community.
As we explore the local real estate market, you'll find that the average value of dwellings in this neighborhood is $1,426,894, which is high compared to other areas in British Columbia. Average owner payments are high in this area, with homeowners spending an average of $1,750 per month. Tenants are paying an average of $1,617 per month, which is also high. Additionally, 54.7% of the population in this area are renters, which is high compared to other BC cities and areas.
The percentage of English and French speakers in this area is 17.6%, which is above average. The percentage of English speakers only is 81.6%, and the percentage of French speakers only is 0.1%, which is low. The percentage of neither English nor French speakers is 0.7%, which is below average. In terms of transportation, 35.2% of the population uses public transport, which is high. 40.9% use cars, which is low. 12.3% use bicycles, which is high, and 9.7% walk, which is above average.
As we conclude our tour of 2318 Macdonald Street, you can see why this property is a sought-after destination for those seeking a convenient, diverse, and growing community. With its excellent educational options, average crime rates, and convenient transit options, this property is a great choice for families and individuals alike.
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