3527 W King Edward Ave, Vancouver, BC, MLS® R3045670

$2,313,000
Est. Mortgage /mo

$2,313,000
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
4 Beds
2 Baths
2 Stories
lot 4022 sqft
2156 sqft
1962 built
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Street view
Schools
Crime
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3527 W King Edward Ave, Vancouver, BC | MLS® R3045670 Property Details

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

Price $2,313,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2156
Lot Size 4022
Lot Size Depth Feet
Lot Size Frontage 33
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1962
Age Of Building 63
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3045670
Area Vancouver West
Neighbourhood Dunbar
City Vancouver
Gross Taxes $9,624.92
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 2
Heating Type Forced Air

Utilities

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

Parking

Parking Type Garage Double, Rear Access, Concrete, Garage Door Opener
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning R1-1
Rental Suites Unauthorized Suite
# of Kitchens 2
Flooring Mixed
Foundation Block
Locker -
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: Promerita Realty Corp.

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
Lord Kitchener Elementary School
Average
0.1 km
Rating 6.9/10
Secondary
Lord Byng Secondary School
1.13 km
No Rating

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

Private Schools

Elementary
Immaculate Conception School
0.49 km
Rating 8.8/10
Elementary, Secondary
St George's School
1.23 km
Rating 10/10

Closest Transit

Translink
Eastbound W King Edward Ave @ Dunbar St
0.14 km

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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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 $2,313,000
Vancouver $2,242,181
Dunbar $2,817,267
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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