5.6% price reduction
Attention builders! Prime 50X110.5 - 5,525sqft R1-1 zoned lot overlooking Foster Park close to Joyce Collingwood Station. A great location on a quiet street close to lots of amenities and transit. A great opportunity to develop or hold. Located in a transit-oriented areas - Density (FAR): Up to 3.0 / Allowable Height (Storeys): Up to 8
General Info
Property Metrics
Additional Details
Heating & Cooling
Utilities
Parking
🔒 Join or Sign In • Real estate boards need a verified account to see Property data
Property History
🔒 Join or Sign In • Real estate boards need a verified account to see Property data
| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 4'9 x 4'9 ft |
| Main Level | Living Room | 15'3 x 15'3 ft |
| Main Level | Dining Room | 7'8 x 7'8 ft |
| Main Level | Kitchen | 8'11 x 8'11 ft |
| Main Level | Bedroom | 9'2 x 9'2 ft |
| Main Level | Primary Bedroom | 12'3 x 12'3 ft |
| Below | Bedroom | 10'11 x 10'11 ft |
| Below | Utility | 33'4 x 33'4 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
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.
Private Schools
Closest Transit
Noise/ Power Lines
Other
Welcome to 5454 Melbourne Street, Vancouver, BC - MLS R3042080
As we walk through the charming neighborhood of Collingwood VE, you'll notice the abundance of community amenities and services that make this area so desirable. Our focus home, located at 5454 Melbourne Street, Vancouver, BC, is a fantastic example of a property that offers the perfect blend of comfort, convenience, and lifestyle.
Local Schools
Just down the road from our focus home, you'll find Graham Bruce Community Elementary School, which is conveniently located 0.92 km away. This school has a strong reputation in the community, and families love this area because of its proximity to top-notch educational institutions. We also have Windermere Community Secondary School nearby, located 1.59 km from our focus home, which is a great option for students of all ages.
In addition to these public schools, there are also several independent schools in the area, including St. Mary's School, which is just a stone's throw away from our focus home at 0.49 km. This school has an excellent reputation, with a rating of 9.4/10, and is a great option for families who value a smaller, more personalized learning environment. For secondary students, Vancouver Formosa Academy is another excellent option, located 1.26 km from our focus home.
Safety and Security
When it comes to safety and security, our focus neighborhood is a top priority. According to Statistics Canada's 2020 report, the overall crime rate in this area is 7,470.82, which is Average compared to other Canadian cities. This means that residents can feel confident in their community, with low levels of violent and property crime. In fact, the violent crime rate is Below Average, with only 1,311.69 incidents per 100,000 population in 2020.
Demographics and Lifestyle
Our focus neighborhood is a vibrant and diverse community, with a population density of 8,778.3 people per square kilometer. This means that there's always something to do, see, or explore, whether it's shopping at one of the local malls, dining at a nearby restaurant, or taking a stroll through one of the many parks in the area.
In terms of demographics, 24.7% of residents in this neighborhood have a university certificate or degree, which is Above Average compared to other BC neighborhoods. The median household income is $58,325, which is Below Average compared to the British Columbia average. However, the median personal income is $24,873, which is Low compared to the BC average.
Transportation and Commuting
Getting around the city is easy from our focus neighborhood, with several public transportation options available. The closest bus station is Eastbound Vanness Ave @ Melbourne St, which is just 0.24 km away from our focus home. In fact, 52% of residents in this neighborhood use public transportation, which is High compared to other cities.
Real Estate and Community
Our focus home is a great investment opportunity, with an average value of dwellings in this neighborhood of $1,142,651, which is High compared to other areas in British Columbia. The average owner payments are High in this area, with owners spending an average of $1,668 per month. Tenants are paying an average of $1,058 per month, which is Average compared to other cities.
In terms of community, 59.9% of residents in this neighborhood are renters, which is High compared to other BC cities and areas. However, the neighborhood is still a great place to call home, with a strong sense of community and a wide range of amenities and services available.
Conclusion
In conclusion, 5454 Melbourne Street, Vancouver, BC - MLS R3042080 is a fantastic property that offers the perfect blend of comfort, convenience, and lifestyle. With its proximity to top-notch educational institutions, low levels of crime, and vibrant community, this neighborhood is a top priority for families and individuals alike. Whether you're looking for a place to call home or a great investment opportunity, our focus home is definitely worth considering.
Property Details
Additional Resources
If you're interested in learning more about this property or the surrounding neighborhood, I'd be happy to provide you with additional resources and information. Please don't hesitate to contact me with any questions or concerns.
Price Evaluation Chart
Listing Price Comparision
No comparables
Potential Cashback for this listing if you buy with us
Login to track your cashback progress
Sign up on Estateblock.com
$540 / 5%Use the “Hot Deal” module on our website
$216 / 2%Sign up for our Newsletter
$108 / 1%Create a saved search on Estateblock.com
$216 / 2%Book a Property Showing with us
$216 / 2%Get a mortgage through our recommended broker
$756 / 7%Use our recommended insurance provider
$216 / 2%Use our recommended notary for closing
$216 / 2%Sign an Exclusive Buyer’s Agency Agreement with us
$756 / 7%Share Estateblock.com on social media with a short intro
$324 / 3%Refer a friend who successfully buys or sells with us
$2,700 / 25%Sell your home with us2
$2,700 / 25%Leave a Public Review in Google
$756 / 7%Follow us on Insta or FB and tag us in a post
$324 / 3%Create a short video testimonial after closing
$324 / 3%Leave a Facebook review on our page
$216 / 2%Talk with one of our mortgage brokers
$216 / 2%🔒 Join or Sign In • Real estate boards need a verified account to see photos & sold data