285 W 47th Ave, Vancouver, BC, MLS® R2843877

$3,100,000
Est. Mortgage /mo

Closed

$3,068,888
Closed at 12 Feb 2024
Listing price: $3,100,000
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 6026 sqft
2275 sqft
1951 built
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Map
Street view
Schools
Crime
Commute
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285 W 47th Ave, Vancouver, BC | MLS® R2843877 Property Details

BUILD, INVEST, OR LIVE: At nearly 50 by 122 feet, this regular shaped and flat +6,000 square foot, south facing lot and a well taken care of home in the Oakridge area with amazing tenants provides plenty of potential for all options. Build your dream 3 level home with laneway, a duplex, a multi-plex, or hold for potential multi-family low to mid rise development with the proposed Transit Oriented Development policy as this home falls within 800M of the Skytrain and possibly within 400M (Buyer to verify). Inside: the main floor has 3 bedrooms, 1 bath, plus updated kitchen and original hardwood floors; lower floor has another living room, kitchen, 2 bedrooms, separate entry and a shared laundry. First showings at OPEN HOUSE 2-4PM JANUARY 28TH. ***Accepted offer***

General Info

Price $3,100,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2275
Lot Size 6026
Lot Size Depth Feet
Lot Size Frontage 49.4
Basement Finished, Partially Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1951
Age Of Building 73
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2843877
Area Vancouver West
Neighbourhood Oakridge VW
City Vancouver
Gross Taxes $9,558.85
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard

Utilities

Utility Type Electricity Connected, Unknown, Water Connected
Water (WaterSource) Public

Parking

Parking Type Additional Parking, Garage Single
Total Parking Spaces 1

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Strata Restrictions -
Rental Restrictions -
Zoning RS1
Rental Suites -
# of Kitchens 2
Foundation Slab
Locker -
View -
View Description -
Units In Development -
Roof Other

Property History

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Status Date Price
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Listed by: Oakwyn Realty Ltd.

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

Elementary
Sir Wm Van Horne Elementary School
Average
0.62 km
Rating 6.2/10

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

Private Schools

Elementary
St. Andrew's
1.22 km
No Rating
Secondary
King David High School
0.99 km
No Rating

Closest Transit

Translink
Westbound W 49 Ave @ Alberta St
0.22 km

285 W 47th Avenue is serviced by Sir Wm Van Horne Elementary School. The property with listing MLS® R2843877 is located 0.62 km from the school. Sir Wm Van Horne Elementary School has a rating of Rating 6.2/10.

The closest Elementary independent school to this home for sale located at 285 W 47th Avenue is St. Andrew's with School's rating No Rating, located 1.22 km from this home.

The closest to this address 285 W 47th Avenue Secondary independent school is King David High School with School's rating No Rating, located 0.99 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 - 285 W 47th Avenue, 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® R2843877 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 285 W 47th Avenue are Above Average. Property misconduct rating adjacent to MLS® R2843877 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 Westbound W 49 Ave @ Alberta St in 0.22 km away from this listing with - MLS® R2843877.

38.9% of people with university certificate/degree live in this neighbourhood adjacent to the 285 W 47th Avenue which is High in comparison with other BC neighbourhoods. 14.1% of population in this neighbourhood that is near the Listing MLS® R2843877 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 285 W 47th Avenue, Vancouver, BC is $71851 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2843877 is $28651 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 47% which is Low.

Unemployment rate in the area around Real Estate Listing # R2843877 is 4.6 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 285 W 47th Avenue Oakridge VW where population change between 2011 and 2016 was 4.2%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 285 W 47th Avenue, Vancouver, BC is 5251.5 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 285 W 47th Avenue 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® R2843877 is 67.9% and it is Above Average. % of Married or living common law is around 53.5% and it is Below Average.

Average age of the population close to the 285 W 47th Avenue is 40.8 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 285 W 47th Avenue, Vancouver, BC is $1890078 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 285 W 47th Avenue. $1811 owners spent in average for the dwelling. Tenants are paying $1194 in this district close to MLS® R2843877 and it is Above Average comparing to other cities.

40.3% of Population in this district near the 285 W 47th Avenue are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 285 W 47th Avenue, Vancouver, BC is 6.9%, it is Average, % of English speakers only is 86.7% and Below Average. % of Neither English nor French speakers close to home for sale 285 W 47th Avenue, Vancouver, BC is 6.4% and it is High comparing to other BC cities.

33.9% of all population in the area around this property with the address 285 W 47th Avenue, Vancouver, BC using Public Transport which is High, 56.3% of using population are using Cars around MLS® R2843877, which is Low. 5% of people using Bicycles around the 285 W 47th Avenue and it is High. 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 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 $3,100,000
Vancouver $2,463,555
Oakridge VW $2,438,000
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!
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