DEVELOPERS, INVESTORS AND HOME BUYERS. Option 1 (Developers): Prime Dunbar location on a 33’ x 122’ lot is perfect for redevelopment into a Duplex or up to 4 units Multiplex. Option 2 (Rental Investors): Keep as a solid long term Rental. Property as is would likely generate $5000 a month, with light renovations could likely generate $6,000+. Option 3 (Home Buyers): This 2-storey home features two self-contained 2-bedroom suites with their own kitchens & bathrooms, plus shared laundry w/ private access. Updates include new hot water tank (2024), furnace (2006), house roof (2009), garage roof (~2018). Double car garage included. Layout is fantastic for mortgage helper or for extended family.
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 |
---|---|---|
Above Level | Primary Bedroom | 12' x 12' ft |
Above Level | Bedroom | 12' x 12' ft |
Above Level | Dining Room | 9' x 9' ft |
Above Level | Eating Area | 8' x 8' ft |
Above Level | Living Room | 14' x 14' ft |
Above Level | Kitchen | 7' x 7' ft |
Above Level | Pantry | 4' x 4' ft |
Main Level | Primary Bedroom | 12' x 12' ft |
Main Level | Bedroom | 12' x 12' ft |
Main Level | Eating Area | 4' x 4' ft |
Main Level | Living Room | 14' x 14' ft |
Main Level | Den | 8' x 8' ft |
Main Level | Kitchen | 7' x 7' ft |
Main Level | Laundry | 12' x 12' ft |
Main Level | Storage | 12' x 12' ft |
Bathrooms
Floor | Ensuite | Pieces |
---|---|---|
Main Level | No | #4 |
Above Level | No | #4 |
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
Welcome to 3527 W King Edward Avenue, a beautiful home nestled in the heart of Vancouver's prestigious Dunbar neighborhood. As your trusted realtor, I'm excited to share with you the unique features and benefits of this incredible property, listed as MLS® R3045670.
First, let's talk about the highly-rated schools in the area. Lord Kitchener Elementary School, located just 0.1 km from this home, boasts a rating of 6.9/10, making it a top choice for families. In fact, families love this area because of its excellent educational institutions, which provide a solid foundation for young minds. Lord Byng Secondary School, another top-rated school in the neighborhood, is just 1.13 km away.
But that's not all - this home also offers proximity to several excellent independent schools, including Immaculate Conception School, with a rating of 8.8/10, just 0.49 km away, and St George's School, with a perfect 10/10 rating, 1.23 km away. These schools offer a range of programs and curricula, ensuring that every student has access to a world-class education.
Now, let's take a look at the crime statistics in the area. According to Statistics Canada's 2020 report, the overall crime rate near 3527 W King Edward Avenue is 7,470.82, which is Average compared to other Canadian cities. However, the good news is that the crime rate has been trending downwards, with a 14.94% decrease in the total crime rate over the past year.
In terms of specific crime types, the rate of drug crime near this home is Average, with 229.49 incidents per 100,000 population. Property crimes in the neighborhood are slightly higher, with Above Average rates of 5,020.27 incidents per 100,000 population. However, it's worth noting that these rates have been decreasing, with a 20.80% drop in property misconduct rates over the past year.
Moving on to demographics, 52.6% of people in the neighborhood surrounding 3527 W King Edward Avenue hold a university certificate or degree, which is High compared to other BC neighborhoods. In contrast, only 10.2% of the population has no certificate or degree, making it Low compared to the average in BC.
The median household income in the area is $92,818, which is Above Average compared to the British Columbia average. Similarly, the median personal income is $37,262, which is also Above Average. Interestingly, 47.2% of households in the neighborhood have a mortgage, which is Low compared to other areas.
When it comes to transportation, the nearest bus station is just 0.14 km away from this home, making it convenient for those who rely on public transit. In fact, 22.5% of the population in the area uses public transport, which is Above Average.
Dunbar is also a popular neighborhood for families, with an average family size of 3, which is Above Average compared to the whole region. Moreover, 70.1% of families in the area have children, making it a great community for families to grow and thrive.
Now, let's talk about the real estate market in the area. The average value of dwellings in Dunbar is $2,729,934, which is High compared to other areas in British Columbia. In terms of owner payments, the average owner spends $2,289 per month on their dwelling, which is High. Tenants, on the other hand, pay an average of $1,693 per month, also High.
Finally, 27.2% of the population in the area are renters, which is Average compared to other BC cities and areas. As for language, 15% of the population speaks both English and French, which is Above Average. However, 79.7% of the population speaks only English, which is Below Average.
Overall, 3527 W King Edward Avenue is a fantastic opportunity for those looking for a well-connected, family-friendly neighborhood with access to top-rated schools and amenities. As your trusted realtor, I'd be happy to answer any questions you may have and show you around this wonderful home. Don't miss out on this chance to own a piece of Vancouver's prestigious Dunbar neighborhood - contact me today to schedule a viewing!
MLS® R3045670
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