3553 Inverness St, Vancouver, BC, MLS® R2962779

$2,488,000
Est. Mortgage /mo

$2,488,000
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
4 Beds
1 Baths
2 Stories
lot 1 sqft
1780 sqft
1939 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

3553 Inverness St, Vancouver, BC | MLS® R2962779 Property Details

PRIME EAST VANCOUVER MULTI-FAMILY DEVELOPMENT OPPORTUNITY! A rare offering in a rapidly evolving neighborhood, this 7893 SQFT site strategically located just off Kingsway on Inverness St, well-positioned for potential rezoning, allowing for apartment developments with residential rental tenure at FSRs up to 2.40 (subject to city approval). This is an ideal opportunity for developers looking to invest in a highly sought-after East Vancouver location. Contact us today for more details on this exceptional investment opportunity!

General Info

Price $2,488,000
Total Bedrooms 4
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1780
Lot Size 1
Lot Size Depth Feet
Lot Size Frontage 1
Basement Crawl Space, Full, Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1939
Age Of Building 86
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2962779
Area Vancouver East
Neighbourhood Knight
City Vancouver
Gross Taxes $7,508.56
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 0
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Other, Guest
Total Parking Spaces 1

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Strata Restrictions -
Rental Restrictions -
Zoning MF
Rental Suites Legal Suite
Laundry In Unit
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX City Realty & RE/MAX City 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

Elementary
Charles Dickens Annex
0.37 km
Elementary
Charles Dickens Elementary School
Average
0.31 km
5.2/10

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

Private Schools

Elementary
St.Joseph's School
0.7 km
Elementary, Secondary
Stratford Hall School
0.92 km

Closest Transit

Bus Stop
Westbound Kingsway @ Inverness St
0.07 km
Skytrain
Skytrain @ Commercial-Broadway Stn
1.30 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 3553 Inverness Street, a charming Vancouver, BC home for sale (MLS® R2962779)

As we step into the vibrant community surrounding 3553 Inverness Street, you'll discover a perfect blend of family-friendly amenities, convenient transit options, and exciting lifestyle attractions. Let's explore the details that make this neighborhood shine.

Schools

Just steps from your new home at 3553 Inverness Street, you'll find Charles Dickens Elementary School, a highly-rated institution with a 5.2/10 rating. This excellent school is just 0.31 km away, perfect for families with children. For those seeking an independent school option, St. Joseph's School is nearby, boasting a 8/10 rating and located about 0.7 km from your home. For secondary education, Stratford Hall School is just 0.92 km away, with an impressive 8.7/10 rating.

Crime Rates

According to the latest crime data from Statistics Canada (2020), this neighborhood has a relatively low crime rate of 7,470.82 incidents per 100,000 population. Compared to other Canadian cities, this rate is considered Average. Notably, the drug crime rate is also Average, with 229.49 incidents per 100,000 population, and a year-over-year change of 1.58%. Property crimes are slightly higher, with an Above Average rate of 5,020.27 incidents per 100,000 population, but still show a decrease of 20.80% year-over-year. Violent crime rates are Below Average, with 1,311.69 incidents per 100,000 population, and a year-over-year change of 3.53%.

Transit

Convenience is key when it comes to transportation. The Westbound Kingsway @ Inverness St bus station is just 0.07 km away from 3553 Inverness Street, making it easy to get around the city.

Demographics

This neighborhood is a melting pot of cultures, with 35.5% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 16.1% of the population has no certificate or degree, which is Below Average compared to the average in BC. The median household income is $72,802, which is Average compared to the British Columbia average. The median personal income is $32,998, also Average compared to BC. Notably, 64.7% of households in this area have a mortgage, which is Above Average.

Lifestyle Amenities

Residents of 3553 Inverness Street enjoy a range of lifestyle amenities, including parks, beaches, and trails. The area is also home to several shopping malls, grocery stores, restaurants, and coffee shops, making it easy to find what you need. The nearby hospital provides convenient access to medical care.

Real Estate Context

The average value of dwellings in this neighborhood is $1,082,701, which is High compared to other areas in British Columbia. Average owner payments are also High, at $1,690 per month. Tenants, on the other hand, pay an average of $1,218 per month, which is Above Average. 44.8% of the population in this area are renters, which is Above Average compared to other BC cities.

Population and Transportation

The population density per square kilometer in this community is 7,324.1, which is High. The average size of families in the area is 2.9, which is Average. 64.3% of families with children live in this area, which is Above Average. The average age of the population is 38.7, which is Below Average compared to other BC cities. 32.2% of the population uses public transport, which is High. 52.7% use cars, which is Low. 8.8% use bicycles, which is High. 4.5% of the population walks, which is Average.

Unemployment and Population Growth

The unemployment rate in this area is 6.4%, which is Below Average compared to other province neighborhoods. The population change between 2011 and 2016 was 10.3%, which is High compared to average growth rate of this region.

Language and Commuting

In this diverse neighborhood, 10.2% of the population speaks both English and French, which is Above Average. 82.6% of the population speaks only English, which is Below Average. 0.1% of the population speaks only French, which is Below Average. 7.2% of the population speaks neither English nor French, which is High. 32.2% of the population uses public transport, which is High. 52

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 $2,488,000
Vancouver $2,199,000
Knight $2,199,000
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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