2318 Macdonald St, Vancouver, BC, MLS® R2951978

$4,999,000
Est. Mortgage /mo

$4,999,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
6 Beds
3 Baths
2 Stories
lot 2904 sqft
2321 sqft
1912 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

2318 Macdonald St, Vancouver, BC | MLS® R2951978 Property Details

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.

General Info

Price $4,999,000
Total Bedrooms 6
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2321
Lot Size 2904
Lot Size Depth Feet
Lot Size Frontage 33
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1912
Age Of Building 113
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2951978
Area Vancouver West
Neighbourhood Kitsilano
City Vancouver
Gross Taxes $9,093.42
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 0
Heating Type Forced Air

Utilities

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

Parking

Parking Type Additional Parking, Open, Lane Access
Total Parking Spaces 1

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Strata Restrictions -
Rental Restrictions -
Zoning RT-8
Rental Suites -
Laundry Common Area
# of Kitchens 0
Foundation Concrete Perimeter
Interior Features Storage
Locker -
View -
View Description -
Units In Development -
Exterior Features Garden, Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property History

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Status Date Price
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Listed by: RE/MAX Select Properties

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
Kitsilano Secondary School
0.46 km
Elementary
General Gordon Elementary School
0.18 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Pear Tree Elementary School
0.25 km
Elementary, Secondary
Fraser Academy
0.85 km

Closest Transit

Bus Stop
Northbound Macdonald St @ W 7th Ave
0.06 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
3.48 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

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.

Education

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.

Safety

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.

Transit and Commuting

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.

Demographics and Lifestyle

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.

Unemployment and Population Growth

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.

Real Estate and Housing

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.

Language and Transportation

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.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $4,999,000
Vancouver $1,482,500
Kitsilano 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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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