2 3838 Cypress St, Vancouver, BC, MLS® R3039859

$8,288,000
Est. Mortgage /mo

Foreclosures

$8,288,000
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
7 Baths
2 Stories
$ 0 Maint. Fee
5746 sqft
1912 built
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Photos
Map
Street view
Schools
Crime
Commute
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2 3838 Cypress St, Vancouver, BC | MLS® R3039859 Property Details

Foreclosures

Greencroft Estate - A rare opportunity to acquire 1 of Vancouver's most significant architectural estates. Built in 1912 & designed by architect Thomas Hooper, this 'Heritage A' masterpiece was first home to Lt. Governor Eric Hamber. Blends Tudor & Gothic Revival w/ Arts & Crafts detailing; ft. oak floors, oak panelled elevator, stained glass, tapered port cochere columns & a ballroom reimagined as a sunroom by Architect Ross Lort. Restored & updated in 2003, this ~12,200SF residence is stratified into a side-by-side duplex w/ internal connectivity offering 9 bdrms, 11 baths, 3 kitch, 2 wine cellars & underground Art Deco inspired parkade in prestigious First Shaughnessy. Listing price/SF is for Unit2 only. Can be purchased w/Unit1 (MLS #522702) as a single residence. COURT ORDERED SALE.

General Info

Price $8,288,000
Total Bedrooms 5
Total Bathrooms 5
Half Bathrooms 2
Floor Area Total (sqft) 5746
Lot Size 1.1
Lot Size Depth Feet
Lot Size Frontage 153
Basement Partially Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1912
Age Of Building 113
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Refrigerator
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3039859
Area Vancouver West
Neighbourhood Shaughnessy
City Vancouver
Gross Taxes $63,665.5
Ownership Type Freehold Strata
Maintenance Fee 0
Community Features Gated
Fixtures Included -

Heating & Cooling

Fireplace 5
Heating Type Hot Water

Utilities

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

Parking

Parking Type Garage Triple, Underground, Front Access
Total Parking Spaces 6

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Strata Restrictions No Restrictions
Rental Restrictions -
Zoning FSD
Rental Suites -
Laundry In Unit
# of Kitchens 2
Flooring Hardwood
Foundation Concrete Perimeter
Interior Features Elevator
Locker -
View -
View Description -
Units In Development 4
Exterior Features Garden, Balcony, Private Yard
Sewer Public Sewer
Roof Other, Wood

Property History

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Status Date Price
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Listed by: Engel & Volkers Vancouver & Engel & Volkers Vancouver

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
Prince of Wales Secondary School
0.97 km
No Rating
Elementary
Shaughnessy Elementary School
Above Average
0.47 km
Rating 7.2/10

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

Private Schools

Elementary, Secondary
York House School
0.58 km
Rating 10/10
Secondary
Little Flower Academy
0.56 km
No Rating

Closest Transit

Translink
Westbound W King Edward Ave @ Pine Cres
0.21 km
Welcome to 2 3838 Cypress Street, a stunning property in the heart of Vancouver, BC, proudly presented by your local realtor.

As we take a stroll through this beautiful neighborhood, you'll notice the vibrant community that makes this area so special. Let's start with the schools. The property is serviced by Shaughnessy Elementary School, which is just 0.47 km away. This esteemed school boasts a rating of 7.2/10, and families love it for its excellent education and nurturing environment. Just down the road, you'll also find Prince of Wales Secondary School, which is 0.97 km from the property and has a rating of No Rating. Additionally, the property is close to York House School, a highly-rated elementary independent school with a rating of 10/10, located just 0.58 km away. For secondary independent school options, Little Flower Academy is just 0.56 km from the property, with a rating of No Rating.

Safety and Security

Crime rates can be a concern for any community, but I'm happy to report that the statistics are reassuring. According to the latest crime data from Statistics Canada (2020), the overall crime rate near 2 3838 Cypress Street is 7,470.82, which is an Average rate compared to other Canadian cities. The year-over-year change in the total crime rate is -14.94%, indicating a decrease in crime in the area. For those concerned about illicit substances, the rating is Average, with 1,604 lawbreaking disturbances reported in 2020. The year-over-year change in the illegal substances offences ranking is 1.58%. Additionally, property crimes in the neighborhood are Above Average, with 35,089 incidents reported in 2020. However, the year-over-year change in the property misconduct rate is -20.80%, indicating a decrease in property-related crimes. Finally, violent crime rates in the area are Below Average, with 1,311.69 incidents per 100,000 population, and a year-over-year change of 3.53%.

Transit and Commuting

Getting around Vancouver is a breeze, and 2 3838 Cypress Street is no exception. The closest Bus station is Westbound W King Edward Ave @ Pine Cres, just 0.21 km away from the property. This convenient location makes it easy to get to work, school, or explore the city.

Demographics and Lifestyle

This neighborhood is a haven for families and individuals alike. With 52.4% of the population having a university certificate or degree, this area is a hub of education and learning. In fact, the median household income near the property is $143,155, which is High compared to the British Columbia average. Additionally, the median personal income is $46,528, also High compared to the BC average. The unemployment rate in the area is a low 3.9%, making it an attractive option for those looking for stable employment. The population change between 2011 and 2016 was -6.9%, which is Low compared to average growth rates in the region.

Real Estate Context

The average size of families in the area is 3.1, which is Above Average compared to the whole region. With 67.9% of families having children, this neighborhood is a great option for families. The average age of the population is 41.8, which is Average compared to other BC cities. The average value of dwellings in the neighborhood is $3,563,977, which is High compared to other areas in British Columbia. The average owner payments are High, with owners spending $2,652 on average for their dwellings. Tenants are also paying a high average of $2,006 per month. With 17.6% of the population renting, this neighborhood is a mix of homeowners and renters.

Language and Transportation

The language spoken in the area is predominantly English, with 80.2% of residents speaking only English. However, there are also speakers of French, with 12.4% of the population using both languages. Interestingly, 7.4% of the population speaks neither English nor French, which is High compared to other BC cities. When it comes to transportation, 71.7% of residents use cars, which is Below Average. However, 7.8% of residents use bicycles, which is High, and 7.3% walk, which is also Above Average.

In conclusion

2 3838 Cypress Street is a stunning property in a vibrant neighborhood, offering a unique blend of education, safety, and lifestyle amenities. With its excellent schools, low crime rates, and convenient transit options, this property is an attractive option for families and individuals alike. Whether you're looking for a place to call home or a smart investment,

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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 $8,288,000
Vancouver $18,500,000
Shaughnessy 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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
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