5889 Granville St, Vancouver, BC, MLS® R2976234

$5,443,389
Est. Mortgage /mo

$5,443,389
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
2 Beds
3 Baths
2 Stories
lot 100800 sqft
2755 sqft
1928 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

5889 Granville St, Vancouver, BC | MLS® R2976234 Property Details

The Granville & 43rd project site (5869 & 5889 Granville Street) falls under Vancouver’s Secured Rental Program (SRP), permitting a 5-6 story rental building with a projected density of 2.2- 2.4 FSR. This is a rare investment or development opportunity in the prestigious Westside neighborhood! The location is ideal, offering easy access to downtown Vancouver, Richmond, the airport, top-rated schools, and all essential amenities. Don’t miss out!

General Info

Price $5,443,389
Total Bedrooms 2
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2755
Lot Size 2.314
Lot Size Depth Feet
Lot Size Frontage 62.25
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1928
Age Of Building 97
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2976234
Area Vancouver West
Neighbourhood South Granville
City Vancouver
Gross Taxes $13,638.2
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Natural Gas

Utilities

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

Parking

Parking Type Garage Single, Front Access
Total Parking Spaces 1

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Strata Restrictions -
Rental Restrictions -
Zoning RS1-1
Rental Suites -
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer
Roof Asphalt

Property History

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

Secondary
Magee Secondary School
0.91 km
Elementary
Maple Grove Elementary School
Above Average
0.79 km
8.6/10

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

Private Schools

Elementary, Secondary
Vancouver College
0.49 km
Elementary, Secondary
Vancouver College
0.49 km

Closest Transit

Bus Stop
Northbound Granville St @ W 43 Ave
0.06 km
Skytrain
Skytrain @ Oakridge-41St Stn
1.76 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 5889 Granville Street, a stunning property located in the heart of Vancouver, BC (MLS® R2976234).

As we step into this beautiful neighborhood, you'll find that it's serviced by the highly-rated Maple Grove Elementary School, just a short 0.79 km away from our home at 5889 Granville Street. With a rating of 8.6/10, Maple Grove Elementary School is a top choice for families looking for a quality education. Just down the road, you'll also find Magee Secondary School, another excellent option for secondary education, with a rating of No Rating (we're working on getting that updated for you!).

But it's not just about the schools – the community itself is a big part of what makes this area so special. Did you know that Vancouver College, an elite private school, is just 0.49 km away from our home at 5889 Granville Street? With a rating of 10/10, Vancouver College is a top choice for families who value academic excellence.

Now, let's talk about the safety of the area. According to the latest crime data from Statistics Canada (2020), our neighborhood has an average crime rate of 7,470.82, which is comparable to other Canadian cities. However, it's worth noting that the overall crime rate has been decreasing year-over-year, with a -14.94% change since 2019. This is a great sign for families and individuals looking for a safe and secure community to call home.

In terms of demographics, our neighborhood is a vibrant and diverse community. With 48.2% of residents holding a university certificate or degree, this area is a hub of education and culture. In fact, this is one of the highest percentages in BC! On the other hand, 8.6% of residents have no certificate or degree, which is lower than the average in BC.

Now, let's take a look at the local economy. The median household income in our neighborhood is $60,544, which is below average compared to other areas in BC. However, the median personal income is $31,837, which is also below average. One interesting fact is that 37.8% of households in our area have a mortgage, which is lower than the average in BC.

The unemployment rate in our area is 8.5%, which is average compared to other neighborhoods in BC. However, it's worth noting that the population change between 2011 and 2016 was -5.1%, which is lower than the average growth rate in this region.

In terms of lifestyle, our neighborhood is a hub of activity. With a population density of 4,266.6 people per square kilometer, this area is one of the most densely populated in BC. The average size of families in our area is 2.8 people, which is below average compared to other areas in BC. However, 63.2% of families in our area have children, which is above average.

Finally, let's talk about transportation. Our neighborhood is well-connected to public transportation, with the Northbound Granville St @ W 43 Ave bus stop just 0.06 km away from our home at 5889 Granville Street. In fact, 28.9% of residents in our area use public transportation, which is one of the highest percentages in BC.

As for the property itself, the average value of dwellings in our neighborhood is $2,450,291, which is high compared to other areas in BC. The average owner payments are also high, with owners spending an average of $2,031 per month on their dwellings. However, tenants are paying an average of $1,422 per month, which is also high compared to other areas in BC.

In terms of language, 83.3% of residents in our area speak only English, which is below average compared to other areas in BC. However, 7.4% of residents in our area speak neither English nor French, which is higher than the average in BC.

Overall, our neighborhood at 5889 Granville Street, Vancouver, BC (MLS® R2976234) is a vibrant and diverse community with a strong sense of community and a high quality of life. Whether you're a family looking for a safe and secure community or an individual looking for a lifestyle that's rich in culture and activity, this neighborhood has something for everyone.

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 $5,443,389
Vancouver No comparables
South Granville No comparables
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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