156 W 62nd Ave, Vancouver, BC V5X 2E1, Vancouver, BC, V5X 2E1, MLS® R3050031

$2,198,000
Est. Mortgage /mo

$2,198,000
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
5 Beds
2 Baths
2 Stories
lot 4785 sqft
2656 sqft
1959 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

156 W 62nd Ave, Vancouver, BC V5X 2E1, Vancouver, BC, V5X 2E1 | MLS® R3050031 Property Details

Fantastic Westside location in the desirable Marpole area with easy access to the airport , Richmond and Downtown. R1-1 zoned 41.5 x 115.32 ( 4785.8 sf.) level lot. Solid bungalow with 7 bedrooms and 3 baths. Huge redevelopment potential for duplexes, multiplexes or hold for future land assembly with the neighboring properties as it is currently designated under the Marpole plan for townhouse development. Act quick!

General Info

Price $2,198,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2656
Lot Size 4785.8
Lot Size Depth Feet
Lot Size Frontage 41.5
Basement Full, Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1959
Age Of Building 66
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3050031
Area Vancouver West
Neighbourhood Marpole
City Vancouver
Gross Taxes $9,541.38
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 2
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Garage Single, Lane Access, Rear Access
Total Parking Spaces 1

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Strata Restrictions -
Rental Restrictions -
Zoning R1-1
Rental Suites Unauthorized Suite
# of Kitchens 2
Flooring Hardwood, Mixed, Tile
Foundation Concrete Perimeter
Interior Features Storage
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX Real Estate Services

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
Sir Winston Churchill Secondary School
1.38 km
No Rating
Elementary
J.W. Sexsmith Community Elementary School
0.38 km
No Rating
Elementary
J.W. Sexsmith Community Elementary School
0.38 km
No Rating

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

Private Schools

Elementary
St. Andrew's
1.76 km
No Rating
Secondary
Royal Canadian College
1.02 km
No Rating

Closest Transit

Translink
Eastbound SW Marine Dr @ Manitoba St
0.2 km

Welcome to the charming neighborhood of Marpole, where the tranquil atmosphere and picturesque views will make you feel right at home. As we walk through the streets of 156 W 62nd Avenue, you'll notice the proximity to top-notch schools, making it an ideal location for families.

Let's start with the local schools. Just down the road, you'll find J.W. Sexsmith Community Elementary School, which is a mere 0.38 km from our featured property with MLS® R3050031. This school has a rating of No Rating, but what families appreciate most is its strong sense of community and dedication to providing a well-rounded education.

In addition to J.W. Sexsmith, Sir Winston Churchill Secondary School is also within walking distance, located 1.38 km from 156 W 62nd Avenue. This school has a rating of No Rating, but its proximity and reputation make it a top choice for many families in the area.

For those seeking an independent educational option, St. Andrew's Elementary School is the closest, located 1.76 km from our property. With a rating of No Rating, this school offers a unique alternative to traditional public education.

Closer to home, Royal Canadian College is the nearest secondary independent school, situated just 1.02 km from 156 W 62nd Avenue. With a rating of No Rating, this college provides an excellent opportunity for students to pursue higher education in a supportive and inclusive environment.

Now, let's talk about the safety of the neighborhood. According to the latest crime data from Statistics Canada (2020), there were 52,217 reported incidents in this area. The overall crime rate near 156 W 62nd Avenue, Vancouver, BC is 7,470.82, which is Average compared to other Canadian cities. The year-over-year change in the total crime rate is -14.94%.

Breaking down the crime statistics, we see that the drug crime rate is Average, with a rating of 229.49 and 1,604 reported incidents in 2020. The year-over-year change in the illegal substances offences ranking is 1.58%.

Property crimes in the neighborhood are Above Average, with a rating of 5,020.27 and 35,089 reported incidents in 2020. The year-over-year change in the property misconduct rate is -20.80%.

Fortunately, the violent crime rate is Below Average, with a rating of 1,311.69 and 9,168 reported incidents in 2020. The year-over-year change in the violent crime rate is 3.53%.

As we explore the neighborhood, you'll notice the convenience of having a bus station just 0.2 km away from our featured property with MLS® R3050031. The Eastbound SW Marine Dr @ Manitoba St bus stop provides easy access to public transportation, making it easy to get around the city.

Now, let's dive into the demographics of the area. According to the latest census data, 36.9% of the population in this neighborhood, adjacent to 156 W 62nd Avenue, hold a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 12.6% of the population have no certificate or degree, which is Below Average compared to the average in BC.

In terms of income, the median household income near our property with MLS® R3050031 is $59,026, which is Below Average compared to the British Columbia average. The median personal income is $25,196, which is Low compared to the BC average. Furthermore, 47.5% of households in this census subdivision have a mortgage, which is Low compared to other areas.

Unemployment rates in the area are Average, with a rate of 8.6% compared to other province neighborhoods.

The population change between 2011 and 2016 was 9.1%, which is High compared to average growth rates in this region. The population density per square kilometer in this community is 3,163.9, which is Above Average.

On average, families in this area have 2.8 members, which is Below Average compared to the whole region. However, 65.3% of families have children, which is Above Average. Additionally, 52.7% of the population is married or living common law, which is Below Average.

The average age of the population is 43.3 years, which is Above Average compared to other BC cities. This demographic diversity makes our neighborhood a vibrant and inclusive community.

As we explore the real estate market, you'll notice that the average value of dwellings in this neighborhood is $1,474,672, which is High compared to other areas in British Columbia. The average owner payments are Above Average, with owners spending an average of $1,441 per month. Tenants, on the other

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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 $2,198,000
Vancouver $2,579,435
Marpole $2,800,000
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
Thank you Your message has been sent

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