486 E King Edward Ave, Vancouver, BC | MLS^® R3037583 Property Details

9.7% price reduction

33' x 105' (3,360 sq ft) lot is zoned R1-1, great location to build a front to back duplex, single family home with laneway/additional suites. 6 bedroom home, 1800 sf, 2 up, 2 on main, 2 down, 2 full bathrooms. 1 oversized single garage with lovely backyard and additional parking off lane. Owner would consider allowing builder/developers longer completion times. Owner may even consider leasing back if needed.

General Info

Price $1,399,000

Total Bedrooms 6

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 1000

Lot Size 3360

Lot Size Depth Feet

Lot Size Frontage 32

Basement Full, Finished, Exterior Entry

Basement Features BasementFeatures

Property Metrics

Year Built 1927

Age Of Building 98

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^® # R3037583

Area Vancouver East

Neighbourhood Fraser VE

City Vancouver

Gross Taxes $6,686.8

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Shopping Nearby

Fixtures Included -

Heating & Cooling

Fireplace 1

Heating Type Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Single, Front Access, Lane Access, Concrete

Total Parking Spaces -

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Strata Restrictions -

Rental Restrictions -

Zoning R1-1

Rental Suites Other

# of Kitchens 0

Flooring Laminate, Tile

Foundation Block

Locker -

View Description -

Units In Development -

Sewer Public Sewer, Sanitary Sewer

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Bedroom	9'10 x 9'10 ft
Main Level	Primary Bedroom	9'10 x 9'10 ft
Main Level	Living Room	15'2 x 15'2 ft
Main Level	Mud Room	17'1 x 17'1 ft
Main Level	Foyer	7'3 x 7'3 ft
Above Level	Bedroom	12'6 x 12'6 ft
Above Level	Bedroom	12'6 x 12'6 ft
Below	Laundry	7'10 x 7'10 ft
Below	Flex Room	9'6 x 9'6 ft
Below	Bedroom	9'2 x 9'2 ft
Below	Bedroom	7'11 x 7'11 ft
Below	Den	9'5 x 9'5 ft

Listed by: Promerita Realty Corp.

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

David Livingstone Elementary School

Average

0.37 km

5.6/10

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

Private Schools

Elementary

St.Patrick's Elementary School

1.41 km

Secondary

St.Patrick Regional Secondary School

1.57 km

Closest Transit

Bus Stop

Westbound E King Edward Ave @ St. George St

0.05 km

Skytrain

Skytrain @ King Edward Stn

1.51 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 486 E King Edward Avenue, a stunning property located in the heart of Vancouver, BC.

With its MLS^® R3037583 listing, this beautiful home is sure to impress even the most discerning buyer.

Education: A Top Priority

You'll be pleased to know that your children will thrive in the nearby David Livingstone Elementary School, rated 5.6/10. This highly-rated school is just a 0.37 km walk from 486 E King Edward Avenue, making it an ideal choice for families. Additionally, St. Patrick's Elementary School, an independent elementary school, is just 1.41 km away, boasting a rating of 6.5/10. For those seeking a secondary education, St. Patrick Regional Secondary School is conveniently located 1.57 km from your doorstep.

Safety First

According to Statistics Canada's 2020 report, the nearest crime data reveals a total of 52,217 disturbances in this neighbourhood. The overall crime rate near 486 E King Edward Avenue, Vancouver, BC is 7,470.82, which is Average compared to other Canadian cities. Notably, the drug crime rate is Average, with a rating of 229.49. The property crime rate is Above Average, with a rating of 5,020.27. However, the violent crime rate is a mere 1,311.69, making it a safe and desirable community.

Community and Lifestyle

This neighbourhood boasts a unique blend of demographics, with 43.1% of residents holding a university certificate or degree, which is High compared to other BC neighbourhoods. The median household income near 486 E King Edward Avenue, Vancouver, BC is $89,549, making it Above Average compared to the British Columbia average. The unemployment rate in this area is a mere 5.1%, which is Low compared to other provinces.

Housing and Transportation

With a population change of 4% between 2011 and 2016, this community is experiencing Above Average growth. The average size of families in this area is 2.9, which is Average compared to the whole region. The average age of the population is 39.3, making it Below Average in comparison to other BC cities. The average value of dwellings in this neighbourhood is $1,720,455, which is High compared to other areas in British Columbia.

Amenities and Services

This property is situated near various amenities, including the Westbound E King Edward Ave @ St. George St bus station, just 0.05 km away. The area around 486 E King Edward Avenue, Vancouver, BC also boasts a range of shopping centres, restaurants, and coffee shops, making it an ideal location for families and professionals alike.

Investment Opportunity

As a savvy investor, you'll appreciate the potential of this property. With an average owner payment of $1,814 and tenants paying $1,428, this is a great opportunity to generate rental income. Additionally, 37.9% of the population in this district are renters, making it an attractive location for investors.

Realtor Insights

As a seasoned realtor, I can confidently say that 486 E King Edward Avenue, Vancouver, BC (MLS^® R3037583) is a hidden gem in the heart of the city. With its excellent schools, safe community, and convenient amenities, this property is sure to impress even the most discerning buyer. Don't miss out on this incredible opportunity – contact me today to schedule a viewing!