2619 E 48th Ave, Vancouver, BC, MLS® R2899877

$2,599,000
Est. Mortgage /mo

Land Value only

$2,599,000
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
6 Beds
2 Baths
2 Stories
lot 4700 sqft
2240 sqft
1963 built
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Photos
Map
Street view
Schools
Crime
Commute
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2619 E 48th Ave, Vancouver, BC | MLS® R2899877 Property Details

Land Value only

HUGE LOT (44.4 X 105.87 ft) in prime Killarney area with lots of potential. Property generates very lucrative rental income. Just steps to one of Vancouver's best Killarney Community Centre, mall, parks, Restaurants, Shopping, School Catchment Waverley Elementary & Killarney Secondary. Bus routes to Metrotown, Langara College & UBC. Great investment opportunity.

General Info

Price $2,599,000
Total Bedrooms 6
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2240
Lot Size 4700.63
Lot Size Depth Feet
Lot Size Frontage 44.4
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1963
Age Of Building 62
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2899877
Area Vancouver East
Neighbourhood Killarney VE
City Vancouver
Gross Taxes $7,078.27
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Natural Gas

Utilities

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

Parking

Parking Type Carport Multiple, Rear Access
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RS-1
Rental Suites -
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter, Slab
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Jovi Realty Inc. & Jovi Realty Inc.

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
Killarney Secondary School
0.67 km
No Rating
Elementary
Waverley Elementary School
Average
0.23 km
Rating 6.8/10

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

Private Schools

Elementary
Corpus Christi School
0.35 km
Rating 10/10
Secondary
Vancouver Formosa Academy
1.01 km
No Rating

Closest Transit

Translink
Northbound Elliott St @ Waverley Ave
0.12 km

Welcome to 2619 E 48th Avenue, a vibrant and family-friendly neighborhood in Vancouver, BC. As your trusted realtor, I'm excited to share with you the unique characteristics of this community and why it's an ideal place to call home.

Education

Let's start with education, a top priority for many families. Waverley Elementary School is just a short 0.23 km from this property, with a rating of 6.8/10. This school is highly regarded for its supportive environment and strong academic programs. Just down the road, you'll also find Killarney Secondary School, with a rating of No Rating, located 0.67 km from this property. Additionally, Corpus Christi School, an independent elementary school with a stellar rating of 10/10, is within a 0.35 km radius from this home. For secondary independent schooling, Vancouver Formosa Academy, with a rating of No Rating, is located 1.01 km from this property.

Safety

As we explore the safety of this neighborhood, we'll take a look at the crime statistics. According to the 2020 report from Statistics Canada, there were 52,217 incidents in this area. With a crime rate of 7,470.82 per 100,000 population, this neighborhood is considered Average compared to other Canadian cities. In fact, the crime rate has decreased by 14.94% year over year. Additionally, the drug crime rate is Average, with a rating of 229.49, and there were 1,604 incidents in 2020. Property crimes in the neighborhood are Above Average, with a rating of 5,020.27, and there were 35,089 incidents in 2020. However, the violent crime rate is Below Average, with 1,311.69 incidents per 100,000 population.

Demographics

Now, let's dive into the demographics of this neighborhood. According to the data, 22.6% of the population holds a university certificate or degree, which is Above Average compared to other BC neighborhoods. Conversely, 19.2% of the population has no certificate or degree, which is Average compared to the BC average. The median household income in this area is $68,096, which is Average compared to the BC average. However, the median personal income is $25,128, which is Low compared to the BC average. Additionally, 43.3% of households in this area are renters, which is Low compared to other BC cities and areas.

Transit and Lifestyle

This neighborhood is well-connected, with public transportation options readily available. The closest bus station is Northbound Elliott St @ Waverley Ave, located just 0.12 km away from this property. If you prefer to drive, major highways and major routes are just a short drive away. As for lifestyle, this neighborhood offers a range of amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. You'll also find Vancouver General Hospital nearby, ensuring that healthcare is within easy reach.

Real Estate Context

This property, with listing MLS® R2899877, is located in the heart of Killarney VE, an area with a high population density of 4,652.2 people per square kilometer. The average family size in this area is 3, which is Above Average compared to the whole region. Additionally, 71.8% of families in this area have children, which is High. The average age of the population in this area is 45.1, which is Above Average compared to other BC cities.

Home and Finances

The average value of dwellings in this neighborhood is $1,592,676, which is High compared to other areas in British Columbia. Owner payments are Above Average in this area, with an average of $1,520 per month. Tenants pay an average of $1,179 per month, which is also Above Average compared to other cities. Furthermore, 39.7% of the population in this area are renters, which is Above Average compared to other BC cities and areas.

Language and Transportation

The language spoken in this area is predominantly English, with 83.6% of the population speaking only English. However, 13.2% of the population speaks neither English nor French, which is High compared to other BC cities. When it comes to transportation, 31.1% of the population uses public transportation, which is High, while 63.6% use cars, which is Low. Additionally, 1.2% of the population uses bicycles, and 2.4% walk, which is Below Average.

In conclusion, 2619 E 48th Avenue, Vancouver, BC, MLS® R2899877, is a fantastic opportunity to

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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 $2,599,000
Vancouver $1,958,181
Killarney VE $1,718,666
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!
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