Builders & Investors Alert - Prime Opportunity in the Heart of Commercial Drivel Rarely available and perfectly positioned, this exceptional property sits on a prime lot in one of Vancouver's most sought-after neighbourhoods. Just steps from the SkyTrain, this is a golden opportunity for builders, developers, or savvy investors looking to capitalize on a high-demand location with unmatched potential. Whether you're looking to build your dream project or hold as a strategic investment, the possibilities here are endless. Nestled in the vibrant Commercial Drive corridor, this property offers the perfect blend of lifestyle, convenience, and long-term growth. Don't miss your chance to secure a piece of one of Vancouver's hottest areas. This is truly a builder's dream and a rare find.
General Info
Property Metrics
Additional Details
Heating & Cooling
Utilities
Parking
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Property History
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Status | Date | Price |
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Rooms
Floor | Type | Dimensions |
---|---|---|
Main Level | Bedroom | 10' x 10' ft |
Main Level | Bedroom | 9' x 9' ft |
Main Level | Bedroom | 10' x 10' ft |
Main Level | Kitchen | 12' x 12' ft |
Main Level | Living Room | 14' x 14' ft |
Below | Bedroom | 12' x 12' ft |
Below | Bedroom | 12' x 12' ft |
Below | Bedroom | 12' x 12' ft |
Below | Kitchen | 14' x 14' ft |
Bathrooms
Floor | Ensuite | Pieces |
---|---|---|
Main Level | No | #3 |
Below | 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
Closest Transit
As we walk through the community, you'll notice the beautiful Laura Secord Elementary School, rated 6.4/10, is just 0.54 km from this property. This school is a gem in the neighborhood, providing a solid foundation for young minds. Just down the road, you'll also find Vancouver Technical Secondary School, with a rating of No Rating, located 6.99 km from this home.
For those seeking an independent school experience, Stratford Hall School is the closest elementary school, boasting a rating of 8.7/10, and is just 0.67 km from this home. This school offers a unique learning environment that's perfect for families seeking a more personalized approach.
Now, let's talk about the neighborhood's safety. According to Statistics Canada's 2020 report, there were 52,217 incidents in this area, resulting in an overall crime rate of 7,470.82. While this may seem high, it's essential to consider the population density and growth rate. The crime rate is Average compared to other Canadian cities, and the year-over-year change is a positive -14.94%.
Regarding property crimes, the rating is Above Average, with 5,020.27 incidents in 2020. However, it's worth noting that the year-over-year change is a significant -20.80%. This indicates a downward trend in property crimes, making the area even safer.
As we explore the neighborhood's amenities, you'll find that the closest Bus station is Eastbound N Grandview Hwy @ Commercial Dr, just 0.03 km away from this listing with MLS® R3046888. This convenient location makes it easy to get around the city.
Now, let's dive into the demographics. The neighborhood surrounding 1757 E 8th Avenue has a high percentage of university-educated residents, with 39.1% holding a degree or certificate. This is significantly higher than the average in BC. However, 13.3% of the population has no certificate or degree, which is Below Average compared to the province's average.
The median household income in the area is $50,670, which is Below Average compared to the BC average. However, the median personal income is $31,067, also Below Average. Interestingly, 66.8% of households in this census subdivision have a mortgage, which is Above Average.
Unemployment rates in the area are Low, at 4.9%, making it an excellent choice for those seeking stable employment opportunities.
The population growth rate in the area surrounding 1757 E 8th Avenue is 8.4%, which is High compared to the average growth rate of this region. This indicates a thriving community with a strong sense of growth and development.
In terms of population density, the area surrounding 1757 E 8th Avenue has a high density of 9,156 people per square kilometer, making it a bustling and vibrant community.
The average family size in the area is 2.5, which is Low compared to the whole region. Additionally, 46% of families in the neighborhood have children, which is also Low. However, 41.9% of the population is married or living common law, which is Low.
The average age of the population in the area is 40.7, which is Average compared to other BC cities.
In terms of real estate, the average value of dwellings in this neighborhood is $754,409, which is High compared to other areas in British Columbia.
**The neighborhood's high property values
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