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!
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 25'0 x 25'0 ft |
| Main Level | Dining Room | 18'1 x 18'1 ft |
| Main Level | Kitchen | 13'0 x 13'0 ft |
| Main Level | Nook | 10'0 x 10'0 ft |
| Main Level | Den | 16'6 x 16'6 ft |
| Above Level | Playroom | 17'5 x 17'5 ft |
| Above Level | Bedroom | 16'9 x 16'9 ft |
| Above Level | Bedroom | 13'0 x 13'0 ft |
| Basement Level | Recreation Room | 24'3 x 24'3 ft |
| Basement Level | Playroom | 20'0 x 20'0 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Above Level | No | #4 |
| Above Level | No | #4 |
| Main Level | No | #3 |
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
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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.
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