3582 W King Edward Ave, Vancouver, BC, MLS® R2892625

$5,000,000
Est. Mortgage /mo

$5,000,000
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
5 Beds
3 Baths
2 Stories
lot 6512 sqft
3018 sqft
1930 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

3582 W King Edward Ave, Vancouver, BC | MLS® R2892625 Property Details

Potential 19,537 SF Land Assembly in the heart of Dunbar. Located on the Southeast corner of Dunbar Street and the tree lined West King Edward Avenue. Currently zoned R1-1 with the options to develop townhomes & seniors residence. Higher density rental and commercial property re-zoning is possible. Potential to re-zone to RR-3B Residential Rental / Retail Ground Floor, 3.0 FSR, Up to 6 stories with 130 Feet of commercial frontage on Dunbar Street. Beautiful City, Ocean and Mountain views from the upper floors of a new development. A great neighbourhood to call home. Just steps to Stong’s Market, Shopper and London Drugs, public transportation, schools and parks. Buyers must contact the City of Vancouver to verify all matters regarding land assembly development.

General Info

Price $5,000,000
Total Bedrooms 5
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 3018
Lot Size 6512.5
Lot Size Depth Feet
Lot Size Frontage 50
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1930
Age Of Building 95
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2892625
Area Vancouver West
Neighbourhood Dunbar
City Vancouver
Gross Taxes $9,323.32
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Natural Gas

Utilities

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

Parking

Parking Type Carport Single, Lane Access, Rear Access
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RS-5
Rental Suites Other
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Amex Broadway West 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
Lord Kitchener Elementary School
Average
0.24 km
6.9/10
Secondary
Lord Byng Secondary School
1.12 km

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

Private Schools

Elementary
Immaculate Conception School
0.35 km
Elementary, Secondary
St George's School
1.09 km

Closest Transit

Bus Stop
Eastbound W King Edward Ave @ Dunbar St
0.02 km
Skytrain
Skytrain @ King Edward Stn
5.03 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 3582 W King Edward Avenue, a beautiful property in the heart of Vancouver, BC. As your trusted realtor, I'm excited to share with you the wonderful features and amenities that make this home a dream come true.

Let's start with the schools. Lord Kitchener Elementary School, rated 6.9/10, is just a short 0.24 km from this property, making it an ideal choice for families. This school is known for its excellent education and close-knit community, which is why families love this area. Additionally, Lord Byng Secondary School, with a rating of No Rating, is also within a 1.12 km radius, providing students with a seamless transition from elementary to secondary education.

For those seeking an independent school education, Immaculate Conception School, with a rating of 8.8/10, is just 0.35 km away. This school offers a unique and nurturing environment that encourages students to reach their full potential. St George's School, with a rating of 10/10, is also nearby, located 1.09 km from this property. This school is renowned for its academic excellence and strong sense of community.

Now, let's talk about safety. According to the latest crime data from Statistics Canada, this neighbourhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. The rate of incidents per 100,000 population is 7,470.82, indicating a typical urban environment. However, it's reassuring to know that the year-by-year change in the total crime rate is -14.94%, showing a decline in crime over the years.

Regarding specific types of crime, the drug crime rate is Average, with a rating of 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020, and the year-by-year change in the illegal substances offences ranking is 1.58%. Property crimes in the neighbourhood are Above Average, with a rating of 5,020.27. There were 35,089 property misconduct incidents in the neighbourhood in 2020, and the year-by-year change in the property misconduct rate is -20.80%.

Violent lawbreaking disorders were reported at 9,168 in 2020, with a rate of 1,311.69, which is Below Average compared to other BC municipalities. The year-by-year change in the violent crime rate is 3.53%.

Now, let's explore the amenities in this neighbourhood. The closest Bus station is Eastbound W King Edward Ave @ Dunbar St, just 0.02 km away from this property. This makes it easy to get around the city without a car.

In terms of demographics, 52.6% of people with a university certificate/degree live in this neighbourhood, which is High compared to other BC neighbourhoods. On the other hand, 10.2% of the population in this neighbourhood have no certificate or degree, which is Low compared to the average in BC.

The median household income near this dwelling is $92,818, which is Above Average in comparison with the British Columbia average. The median personal income is $37,262, also Above Average in comparison with the BC average. However, the percentage of households with a mortgage is 47.2%, which is Low.

Unemployment rate in the area is 5.7, which is Below Average in comparison to other province neighbourhoods. The population change between 2011 and 2016 was 0.1%, which is Average in comparison to the average growth rate of this region.

The population density per square kilometre in this community is 3,730.1, which is High. The average size of families in the area is 3, which is Above Average in comparison to the whole region. The percentage of families with children is 70.1%, which is High. On the other hand, the percentage of married or living common law is 58.7%, which is Average.

The average age of the population in this area is 40.9, which is Average in comparison to other BC cities. The average value of dwellings in this neighbourhood is $2,729,934, which is High compared to other areas in British Columbia.

In terms of transportation, 27.2% of the population in this district are renters, which is Average compared to other BC cities and areas. The percentage of English and French speakers is 15%, which is Above Average. However, the percentage of Neither English nor French speakers is 5.1%, which is High compared to other BC cities.

Public transportation usage is 22.5%, which is Above Average. Car usage is 62.8%, which is Low. Bicycle usage is 6.7%, which is High. Walking is 5.7%, which

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 $5,000,000
Vancouver $3,437,262
Dunbar $3,600,000
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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