15.4% price reduce
Build your dream home on this rarely available 24,901 sqft estate lot situated just off the coveted ""Crescent"" in heart of First Shaughnessy, surrounded by some of the most luxurious homes in the city and located on prestigious Olser Street with its wide boulevard and leafy trees. The 1951 construction year should allow construction of a new single family residence up to 9,800 sqft (to be confirmed by purchaser) and an exemption from the restrictions placed on the redevelopment of homes built before 1940. The current home has been updated and is a perfect holding property while you work on design and permitting for construction of your future home. Close proximity to top private schools and easy access to downtown Vancouver and the YVR airport.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 14'0 x 14'0 ft |
| Main Level | Dining Room | 14'0 x 14'0 ft |
| Main Level | Kitchen | 18'0 x 18'0 ft |
| Main Level | Family Room | 10'0 x 10'0 ft |
| Main Level | Primary Bedroom | 12'0 x 12'0 ft |
| Main Level | Bedroom | 12'0 x 12'0 ft |
| Main Level | Bedroom | 12'0 x 12'0 ft |
| Main Level | Bedroom | 12'0 x 12'0 ft |
| Basement Level | Bedroom | 16'0 x 16'0 ft |
| Basement Level | Family Room | 33'0 x 33'0 ft |
| Basement Level | Bedroom | 14'0 x 14'0 ft |
| Basement Level | Bedroom | 13'0 x 13'0 ft |
| Basement Level | Kitchen | 20'0 x 20'0 ft |
| Basement Level | Bedroom | 20'0 x 20'0 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Main Level | Yes | #3 |
| Main Level | Yes | #3 |
| Main Level | Yes | #3 |
| Below | No | #2 |
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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As we walk through the charming neighborhood of Shaughnessy, located at 3350 Osler Street in Vancouver, BC, I'd like to highlight the excellent schools that serve this community. Shaughnessy Elementary School, just a short 1.15 km stroll from your new home, boasts a rating of 7.2/10, making it a top choice for families.
For parents seeking a more independent education, Westside Montessori Elementary School is nearby, with a rating of No Rating, located 0.87 km from 3350 Osler Street. Meanwhile, York House School, a top-rated secondary school with a rating of 10/10, is only 0.98 km away from this stunning property listed as MLS® R3011964.
Now, let's talk about safety. According to Statistics Canada's 2020 report, this neighborhood has an average crime rate of 7,470.82 incidents per 100,000 population, which is in line with other Canadian cities. Despite this, the year-over-year change in the total crime rate is a notable -14.94%, indicating a decrease in crime over the years.
The drug crime rate near the listing MLS® R3011964 is also average, with a rating of 229.49 and 1,604 incidents in 2020. The year-over-year change in the illegal substances offenses ranking is a relatively small 1.58%. On the other hand, property crimes in the neighborhood are above average, with a rating of 5,020.27 and 35,089 incidents in 2020. However, the year-over-year change in the property misconduct rate is a promising -20.80%.
When it comes to violent crimes, this neighborhood has a below-average rate of 1,311.69 incidents per 100,000 population, according to Statistics Canada's 2020 report. The year-over-year change in the violent crime rate is a relatively small 3.53%.
Now, let's explore the lifestyle and amenities in this beautiful neighborhood. The closest bus station, Westbound W 15 Ave @ Birch St, is just 0.27 km away from your new home, MLS® R3011964.
The demographic makeup of this neighborhood is also worth noting. With 51.6% of residents holding a university certificate or degree, this area is considered high in comparison to other BC neighborhoods. Meanwhile, only 5.7% of the population in this area has no certificate or degree, which is relatively low compared to the average in BC.
In terms of income, the median household income near this property is $98,048, which is high in comparison to the British Columbia average. The median personal income in this area is $40,811, also above average compared to the BC average. Interestingly, only 41.3% of households in this census subdivision have a mortgage, which is relatively low.
Unemployment rates in this area are also worth noting. With a rate of 5.8%, this area is considered below average compared to other neighborhood in the province.
As for population growth, the area around 3350 Osler Street, Vancouver, BC has experienced a below-average growth rate of -1.7% between 2011 and 2016. However, the population density per square kilometer in this community is 2,077.3, which is above average.
Families in this area tend to be average in size, with 2.9 people per household. The percentage of families with children in this area is also average, at 59.5%. Meanwhile, the average age of the population in this area is 41.3, which is also average compared to other BC cities.
The real estate market in this area is also worth noting. With an average dwelling value of $3,083,415, this area is considered high compared to other areas in British Columbia. However, the average owner payments in this area are also high, at $2,589 per month. Tenants in this area pay an average of $1,571 per month, which is also high compared to other cities.
Finally, 38.1% of the population in this area are renters, which is above average compared to other BC cities. Meanwhile, the percentage of English and French speakers in this area is 9.5%, which is above average. However, the percentage of English speakers only is 83.7%, which is below average. The percentage of neither English nor French speakers is 7%, which is relatively high compared to other BC cities.
Transportation-wise, 18.2% of the population in this area use public transport, which is above average. Meanwhile, 66.8% of the population use cars, which is relatively low.
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