2248 E 48TH AVE, Vancouver BC V5P 1S1, Vancouver, BC

$1,799,000
Est. Mortgage /mo

MLS® R2789827

Closed

$1,715,000
Closed at 01 Aug 2023
Listing price: $1,799,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
2 Beds
1 Baths
2 Stories
lot 4032 sqft
2039 sqft
1956 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Attention builders & investors! Best opportunity to own a 33 x 122 ft. lot in the highly desirable Killarney area. Located on a tree-lined quiet street with back lane access, this north-south facing standard lot is an ideal site for re-development. Whether to build a luxury single family home with rental suites & laneway house or to build a duplex, this site offers tremendous potential for end users or investors. Convenient & transit friendly location within walking distance to the vibrant Victoria Dr., 49th & 41st area. Close to shops, restaurants, parks & recreation. Catchment schools Waverley Elementary & David Thompson Secondary.

General Info

Price $1,799,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 2039
Lot Size 4032.93
Lot Size Depth Feet
Lot Size Frontage 33
Basement Partially Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1956
Age Of Building 67
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2789827
Area Vancouver East
Neighbourhood Killarney VE
City Vancouver
Gross Taxes $6,212.97
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air

Utilities

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

Parking

Parking Type Garage Double, Lane Access
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning RS-1
Rental Suites -
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 08-01-2023 $1,799,000
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Listed by: Royal LePage Westside & Sutton Group-West Coast Realty

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
David Thompson Secondary School
0.88 km
No Rating
Elementary
Waverley Elementary School
Average
0.44 km
Rating 6.8/10

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
Corpus Christi School
0.19 km
Rating 10/10
Secondary
Vancouver Formosa Academy
1.37 km
No Rating

Closest Transit

Translink
Eastbound E 49 Ave @ Gladstone St
0.13 km

2248 E 48TH AVENUE, Vancouver BC V5P 1S1 is serviced by Waverley Elementary School. The property with listing MLS® R2789827 is located 0.44 km from the school. Waverley Elementary School has a rating of Rating 6.8/10.

This home with address 2248 E 48TH AVENUE, Vancouver BC V5P 1S1, Vancouver, BC is also serviced by David Thompson Secondary School and located 0.88 km from it. David Thompson Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 2248 E 48TH AVENUE, Vancouver BC V5P 1S1 is Corpus Christi School with School's rating Rating 10/10, located 0.19 km from this home.

The closest to this address 2248 E 48TH AVENUE, Vancouver BC V5P 1S1 Secondary independent school is Vancouver Formosa Academy with School's rating No Rating, located 1.37 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 - 2248 E 48TH AVENUE, Vancouver BC V5P 1S1, 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® R2789827 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 2248 E 48TH AVENUE, Vancouver BC V5P 1S1 are Above Average. Property misconduct rating adjacent to MLS® R2789827 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 Eastbound E 49 Ave @ Gladstone St in 0.13 km away from this listing with - MLS® R2789827.

17.1% of people with university certificate/degree live in this neighbourhood adjacent to the 2248 E 48TH AVENUE, Vancouver BC V5P 1S1 which is Average in comparison with other BC neighbourhoods. 28.9% of population in this neighbourhood that is near the Listing MLS® R2789827 have no certificate or degree. This number is High compared to the average in BC.

Median Household Income near this dwelling with the address 2248 E 48TH AVENUE, Vancouver BC V5P 1S1, Vancouver, BC is $53029 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2789827 is $21171 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 40.5% which is Low.

Unemployment rate in the area around Real Estate Listing # R2789827 is 8 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 2248 E 48TH AVENUE, Vancouver BC V5P 1S1 Killarney VE where population change between 2011 and 2016 was -1.5%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 2248 E 48TH AVENUE, Vancouver BC V5P 1S1, Vancouver, BC is 7410.2 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 2248 E 48TH AVENUE, Vancouver BC V5P 1S1 is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2789827 is 73.8% 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 2248 E 48TH AVENUE, Vancouver BC V5P 1S1 is 43.3 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 2248 E 48TH AVENUE, Vancouver BC V5P 1S1, Vancouver, BC is $1387053 and this is High comparing to other areas in British Columbia

Average Owner payments are Average in the area adjacent to 2248 E 48TH AVENUE, Vancouver BC V5P 1S1. $1269 owners spent in average for the dwelling. Tenants are paying $872 in this district close to MLS® R2789827 and it is Below Average comparing to other cities.

45% of Population in this district near the 2248 E 48TH AVENUE, Vancouver BC V5P 1S1 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 2248 E 48TH AVENUE, Vancouver BC V5P 1S1, Vancouver, BC is 2.5%, it is Low, % of English speakers only is 73.5% and Below Average. % of Neither English nor French speakers close to home for sale 2248 E 48TH AVENUE, Vancouver BC V5P 1S1, Vancouver, BC is 24% and it is High comparing to other BC cities.

33.8% of all population in the area around this property with the address 2248 E 48TH AVENUE, Vancouver BC V5P 1S1, Vancouver, BC using Public Transport which is High, 61.9% of using population are using Cars around MLS® R2789827, which is Low. 0.8% of people using Bicycles around the 2248 E 48TH AVENUE, Vancouver BC V5P 1S1 and it is Below Average. 3% of population are walking which is Below 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 $1,799,000
Vancouver $1,699,833
Killarney VE $1,575,000
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
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