1488 E KING EDWARD AVE, Vancouver BC V5N 2V4, Vancouver, BC

$2,690,000
Est. Mortgage /mo

MLS® R2915743

$2,690,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
5 Beds
3 Baths
3 Stories
lot 3267 sqft
1958 sqft
1995 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

The property is under the Vancouver Secured Rental Program, which allows to build 5-6 story Rental building with 2.2-2.4 FSR. Welcome to 1488 E King Edward Ave - an exceptional investment opportunity! This robust property is situated backing onto the serene Kingcrest Park. The master bedroom, located on the top level, offers luxurious features including an ensuite bathroom and a relaxing Jacuzzi. On the main level, you'll find two additional bedrooms, a well-appointed kitchen, and a cozy eating area. The lower level is fully self-contained, boasting three more bedrooms and its own private entrance, providing versatility and potential rental income.

General Info

Price $2,690,000
Total Bedrooms 5
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 1958
Lot Size 3267
Lot Size Depth Feet
Lot Size Frontage 33
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1995
Age Of Building 30
Building Type Single Family Residence
Property Type Residential
Stories 3
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2915743
Area Vancouver East
Neighbourhood Knight
City Vancouver
Gross Taxes $7,992.49
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Natural Gas

Utilities

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

Parking

Parking Type Garage Double
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RES
Rental Suites -
# of Kitchens 2
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer
Roof Asphalt, Concrete

Property History

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Status Date Price
Active - $2,690,000
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Listed by: RE/MAX Crest Realty & Panda Luxury Homes

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
Gladstone Secondary School
0.88 km
No Rating
Elementary
Lord Selkirk Elementary School
0.39 km
No Rating
Elementary
Lord Selkirk Annex
0.34 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
0.86 km
Rating 8/10
Elementary, Secondary
Stratford Hall School
1.07 km
Rating 8.7/10

Closest Transit

Translink
Westbound E King Edward Ave @ Kingsway
0.05 km

1488 E KING EDWARD AVENUE, Vancouver BC V5N 2V4 is serviced by Lord Selkirk Elementary School. The property with listing MLS® R2915743 is located 0.39 km from the school. Lord Selkirk Elementary School has a rating of No Rating.

This home with address 1488 E KING EDWARD AVENUE, Vancouver BC V5N 2V4, Vancouver, BC is also serviced by Gladstone Secondary School and located 0.88 km from it. Gladstone Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 1488 E KING EDWARD AVENUE, Vancouver BC V5N 2V4 is St.Joseph's School with School's rating Rating 8/10, located 0.86 km from this home.

The closest to this address 1488 E KING EDWARD AVENUE, Vancouver BC V5N 2V4 Secondary independent school is Stratford Hall School with School's rating Rating 8.7/10, located 1.07 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 - 1488 E KING EDWARD AVENUE, Vancouver BC V5N 2V4, 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® R2915743 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 1488 E KING EDWARD AVENUE, Vancouver BC V5N 2V4 are Above Average. Property misconduct rating adjacent to MLS® R2915743 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 @ Kingsway in 0.05 km away from this listing with - MLS® R2915743.

23.6% of people with university certificate/degree live in this neighbourhood adjacent to the 1488 E KING EDWARD AVENUE, Vancouver BC V5N 2V4 which is Above Average in comparison with other BC neighbourhoods. 25.6% of population in this neighbourhood that is near the Listing MLS® R2915743 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 1488 E KING EDWARD AVENUE, Vancouver BC V5N 2V4, Vancouver, BC is $70827 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2915743 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 # R2915743 is 3.8 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 1488 E KING EDWARD AVENUE, Vancouver BC V5N 2V4 Knight 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 1488 E KING EDWARD AVENUE, Vancouver BC V5N 2V4, Vancouver, BC is 7012.5 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 1488 E KING EDWARD AVENUE, Vancouver BC V5N 2V4 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® R2915743 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 1488 E KING EDWARD AVENUE, Vancouver BC V5N 2V4 is 39.6 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 1488 E KING EDWARD AVENUE, Vancouver BC V5N 2V4, 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 1488 E KING EDWARD AVENUE, Vancouver BC V5N 2V4. $1789 owners spent in average for the dwelling. Tenants are paying $1019 in this district close to MLS® R2915743 and it is Average comparing to other cities.

38.1% of Population in this district near the 1488 E KING EDWARD AVENUE, Vancouver BC V5N 2V4 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 1488 E KING EDWARD AVENUE, Vancouver BC V5N 2V4, Vancouver, BC is 5.1%, it is Below Average, % of English speakers only is 80.9% and Below Average. % of French speakers adjacent to 1488 E KING EDWARD AVENUE, Vancouver BC V5N 2V4 only is 0.2% and it is Below Average. % of Neither English nor French speakers close to home for sale 1488 E KING EDWARD AVENUE, Vancouver BC V5N 2V4, 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 1488 E KING EDWARD AVENUE, Vancouver BC V5N 2V4, Vancouver, BC using Public Transport which is High, 52.8% of using population are using Cars around MLS® R2915743, which is Low. 3.8% of people using Bicycles around the 1488 E KING EDWARD AVENUE, Vancouver BC V5N 2V4 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 $2,690,000
Vancouver $2,715,400
Knight $1,395,000
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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