1244 King Edward Ave, Vancouver BC V5V 2G4, Vancouver, BC

$1,575,000
Est. Mortgage /mo

MLS® R2754410

Closed

$1,580,000
$1,669,000
Closed at 29 May 2023
Listing price: $1,575,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
5 Beds
2 Baths
2 Stories
lot 4356 sqft
1621 sqft
1913 built
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Property details

Fantastic development property with an oversized 33 X 138.5 lot, located in the extremely desirable Cedar Cottage. The 5 bedroom home has had a number of upgrades over the last five years including new floors and stainless steel appliances*?. Up you’ll find 3 beds, 1 bath, and down is currently tenanted, bringing in $1600/mo. The huge, south-facing backyard is fantastic for outdoor entertaining. There is a single attached garage and a fenced in parking pad. Conveniently located with easy access to transportation, shopping, and restaurants, this is a must-see property for those looking for their perfect family home. *Neighbouring property is also for sale, to create a 66’x138.5’ lot. OPEN HOUSE CANCELLED

General Info

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Property History

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Status Date Price

Listed by:

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
Sir Richard McBride Elementary School
Average
0.54 km
Rating 6/10
Elementary
Sir Richard McBride Annex
0.84 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.Joseph's School
Above Average
1 km
Rating 8/10
Elementary
St.Joseph's School
Above Average
1 km
Rating 8/10

Closest Transit

Translink
Westbound E King Edward Ave @ Inverness St
0.09 km

1244 King Edward Avenue, Vancouver BC V5V 2G4 is serviced by Sir Richard McBride Annex. The property with listing MLS® R2754410 is located 0.84 km from the school. Sir Richard McBride Annex has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 1244 King Edward Avenue, Vancouver BC V5V 2G4 is St.Joseph's School with School's rating Rating 8/10, located 1 km from this home.

The closest to this address 1244 King Edward Avenue, Vancouver BC V5V 2G4 Secondary independent school is St.Joseph's School with School's rating Rating 8/10, located 1 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 - 1244 King Edward Avenue, Vancouver BC V5V 2G4, 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® R2754410 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 1244 King Edward Avenue, Vancouver BC V5V 2G4 are Above Average. Property misconduct rating adjacent to MLS® R2754410 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 Westbound E King Edward Ave @ Inverness St in 0.09 km away from this listing with - MLS® R2754410.

23.6% of people with university certificate/degree live in this neighbourhood adjacent to the 1244 King Edward Avenue, Vancouver BC V5V 2G4 which is Above Average in comparison with other BC neighbourhoods. 25.6% of population in this neighbourhood that is near the Listing MLS® R2754410 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 1244 King Edward Avenue, Vancouver BC V5V 2G4, Vancouver, BC is $70827 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2754410 is $26389 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 56% which is Average.

Unemployment rate in the area around Real Estate Listing # R2754410 is 3.8 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 1244 King Edward Avenue, Vancouver BC V5V 2G4 where population change between 2011 and 2016 was 5.6%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 1244 King Edward Avenue, Vancouver BC V5V 2G4, Vancouver, BC is 7012.5 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 1244 King Edward Avenue, Vancouver BC V5V 2G4 is 3.1. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2754410 is 74.8% and it is High. % of Married or living common law is around 53% and it is Below Average.

Average age of the population close to the 1244 King Edward Avenue, Vancouver BC V5V 2G4 is 39.6 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 1244 King Edward Avenue, Vancouver BC V5V 2G4, Vancouver, BC is $1286384 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 1244 King Edward Avenue, Vancouver BC V5V 2G4. $1789 owners spent in average for the dwelling. Tenants are paying $1019 in this district close to MLS® R2754410 and it is Average comparing to other cities.

38.1% of Population in this district near the 1244 King Edward Avenue, Vancouver BC V5V 2G4 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 1244 King Edward Avenue, Vancouver BC V5V 2G4, Vancouver, BC is 5.1%, it is Below Average, % of English speakers only is 80.9% and Below Average. % of French speakers adjacent to 1244 King Edward Avenue, Vancouver BC V5V 2G4 only is 0.2% and it is Below Average. % of Neither English nor French speakers close to home for sale 1244 King Edward Avenue, Vancouver BC V5V 2G4, Vancouver, BC is 14.2% and it is High comparing to other BC cities.

39% of all population in the area around this property with the address 1244 King Edward Avenue, Vancouver BC V5V 2G4, Vancouver, BC using Public Transport which is High, 52.8% of using population are using Cars around MLS® R2754410, which is Low. 3.8% of people using Bicycles around the 1244 King Edward Avenue, Vancouver BC V5V 2G4 and it is High. 3.8% of population are walking which is Average

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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 $1,575,000
Vancouver $2,176,111
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
Call or Text Now!
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