1243 VICTORIA DR, Vancouver BC V5L 4G7, Vancouver, BC

$1,798,000
Est. Mortgage /mo

MLS® R2814322

Closed

$1,741,500
Closed at 15 Mar 2024
Listing price: $1,798,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
7 Beds
3 Baths
3 Stories
lot 3267 sqft
2834 sqft
1912 built
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Photos
Map
Street view
Schools
Crime
Commute
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Property details

RARE! INVESTOR AWARE! EXCELLENT INVESTMENT OPPORTUNITY! This income generating 3 levels character homes has 7 bedrooms & 3 bathrooms divided into three self contained suites. (2bdr for Ground floor, 2bdr for Main floor, 3bdr for Top floor). Each floor has its own kitchen and separate entrances. Great mortgage helper/income generating property. New Laminate flooring in 2023. New Roof in October 2021. New Water tank 2021. Located in the heart of Commercial Drive Community with access to Everything in 5 mins walk: Groceries/shops/restaurants/community centre/gym/library/coffee shops/transits/parks. 7-10 min walk to Britania Elementary & Secondary schools.

General Info

Price $1,798,000
Total Bedrooms 7
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2834
Lot Size 3267
Lot Size Depth Feet
Lot Size Frontage 33
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1912
Age Of Building 112
Building Type Single Family Residence
Property Type Residential
Stories 3
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2814322
Area Vancouver East
Neighbourhood Grandview Woodland
City Vancouver
Gross Taxes $6,846.93
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 0
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Carport Multiple
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RT-5
Rental Suites Other
# of Kitchens 3
Flooring Laminate, Tile, Carpet
Foundation Concrete Perimeter
Interior Features Storage
Locker -
View Description -
Units In Development -
Exterior Features Garden, Playground, Balcony
Sewer Public Sewer
Roof Asphalt, Other

Property History

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Status Date Price
Sold 03-15-2024 $1,798,000
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Listed by: Pacific Evergreen Realty Ltd.

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
Britannia Community Secondary School
0.46 km
No Rating
Elementary
Britannia Community Elementary School
0.41 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
St Francis of Assisi
0.41 km
Rating 8.9/10
Elementary, Secondary
PALS Autism School
1.09 km
No Rating

Closest Transit

Translink
Northbound Commercial Dr @ Charles St
0.25 km

1243 VICTORIA DRIVE, Vancouver BC V5L 4G7 is serviced by Britannia Community Elementary School. The property with listing MLS® R2814322 is located 0.41 km from the school. Britannia Community Elementary School has a rating of No Rating.

This home with address 1243 VICTORIA DRIVE, Vancouver BC V5L 4G7, Vancouver, BC is also serviced by Britannia Community Secondary School and located 0.46 km from it. Britannia Community Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 1243 VICTORIA DRIVE, Vancouver BC V5L 4G7 is St Francis of Assisi with School's rating Rating 8.9/10, located 0.41 km from this home.

The closest to this address 1243 VICTORIA DRIVE, Vancouver BC V5L 4G7 Secondary independent school is PALS Autism School with School's rating No Rating, located 1.09 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 1243 VICTORIA DRIVE, Vancouver BC V5L 4G7, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2814322 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 1243 VICTORIA DRIVE, Vancouver BC V5L 4G7 are Above Average. Property misconduct rating adjacent to MLS® R2814322 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Northbound Commercial Dr @ Charles St in 0.25 km away from this listing with - MLS® R2814322.

44.7% of people with university certificate/degree live in this neighbourhood adjacent to the 1243 VICTORIA DRIVE, Vancouver BC V5L 4G7 which is High in comparison with other BC neighbourhoods. 10.3% of population in this neighbourhood that is near the Listing MLS® R2814322 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 1243 VICTORIA DRIVE, Vancouver BC V5L 4G7, Vancouver, BC is $60946 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2814322 is $36043 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 71.1% which is High.

Unemployment rate in the area around Real Estate Listing # R2814322 is 4 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 1243 VICTORIA DRIVE, Vancouver BC V5L 4G7 Grandview Woodland where population change between 2011 and 2016 was 9.5%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 1243 VICTORIA DRIVE, Vancouver BC V5L 4G7, Vancouver, BC is 6814.1 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 1243 VICTORIA DRIVE, Vancouver BC V5L 4G7 is 2.6. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2814322 is 48.8% and it is Below Average. % of Married or living common law is around 47.6% and it is Low.

Average age of the population close to the 1243 VICTORIA DRIVE, Vancouver BC V5L 4G7 is 38.3 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 1243 VICTORIA DRIVE, Vancouver BC V5L 4G7, Vancouver, BC is $909652 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 1243 VICTORIA DRIVE, Vancouver BC V5L 4G7. $1769 owners spent in average for the dwelling. Tenants are paying $1117 in this district close to MLS® R2814322 and it is Above Average comparing to other cities.

66.8% of Population in this district near the 1243 VICTORIA DRIVE, Vancouver BC V5L 4G7 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 1243 VICTORIA DRIVE, Vancouver BC V5L 4G7, Vancouver, BC is 15.9%, it is Above Average, % of English speakers only is 82.4% and Below Average. % of Neither English nor French speakers close to home for sale 1243 VICTORIA DRIVE, Vancouver BC V5L 4G7, Vancouver, BC is 1.4% and it is Average comparing to other BC cities.

29.7% of all population in the area around this property with the address 1243 VICTORIA DRIVE, Vancouver BC V5L 4G7, Vancouver, BC using Public Transport which is High, 41.7% of using population are using Cars around MLS® R2814322, which is Low. 16.8% of people using Bicycles around the 1243 VICTORIA DRIVE, Vancouver BC V5L 4G7 and it is High. 10.1% of population are walking which is High

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,798,000
Vancouver $2,450,997
Grandview Woodland 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
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