3588 W KING EDWARD AVE, Vancouver BC V6S 1M6, Vancouver, BC

$5,000,000
Est. Mortgage /mo

MLS® R2892587

$5,000,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
7 Beds
3 Baths
2 Stories
lot 6512 sqft
2736 sqft
1926 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Potential 19,537 SF Land Assembly in the heart of Dunbar. Located on the Southeast corner of Dunbar Street and the tree lined West King Edward Avenue. Currently zoned R1-1 with the options to develop townhomes & seniors residence. Higher density rental and commercial property re-zoning is possible. Potential to re-zone to RR-3B Residential Rental / Retail Ground Floor, 3.0 FSR, Up to 6 stories with 130 Feet of commercial frontage on Dunbar Street. Beautiful City, Ocean and Mountain views from the upper floors of a new development. A great neighbourhood to call home. Just steps to Stong’s Market, Shopper and London Drugs, public transportation, schools and parks. Buyers must contact the City of Vancouver to verify all matters regarding land assembly development.

General Info

Price $5,000,000
Total Bedrooms 7
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2736
Lot Size 6512.5
Lot Size Depth Feet
Lot Size Frontage 50
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1926
Age Of Building 99
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2892587
Area Vancouver West
Neighbourhood Dunbar
City Vancouver
Gross Taxes $9,134.24
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
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 Garage Single
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RS-5
Rental Suites Unauthorized Suite
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
Active - $5,000,000
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Listed by: Amex Broadway West 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

Elementary
Lord Kitchener Elementary School
Average
0.25 km
Rating 6.9/10
Secondary
Lord Byng Secondary School
1.11 km
No Rating

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
Immaculate Conception School
0.34 km
Rating 8.8/10
Elementary, Secondary
St George's School
1.07 km
Rating 10/10

Closest Transit

Translink
Eastbound W King Edward Ave @ Dunbar St
0.03 km

3588 W KING EDWARD AVENUE, Vancouver BC V6S 1M6 is serviced by Lord Kitchener Elementary School. The property with listing MLS® R2892587 is located 0.25 km from the school. Lord Kitchener Elementary School has a rating of Rating 6.9/10.

This home with address 3588 W KING EDWARD AVENUE, Vancouver BC V6S 1M6, Vancouver, BC is also serviced by Lord Byng Secondary School and located 1.11 km from it. Lord Byng Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 3588 W KING EDWARD AVENUE, Vancouver BC V6S 1M6 is Immaculate Conception School with School's rating Rating 8.8/10, located 0.34 km from this home.

The closest to this address 3588 W KING EDWARD AVENUE, Vancouver BC V6S 1M6 Secondary independent school is St George's School with School's rating Rating 10/10, located 1.07 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 - 3588 W KING EDWARD AVENUE, Vancouver BC V6S 1M6, 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® R2892587 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 3588 W KING EDWARD AVENUE, Vancouver BC V6S 1M6 are Above Average. Property misconduct rating adjacent to MLS® R2892587 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 W King Edward Ave @ Dunbar St in 0.03 km away from this listing with - MLS® R2892587.

52.6% of people with university certificate/degree live in this neighbourhood adjacent to the 3588 W KING EDWARD AVENUE, Vancouver BC V6S 1M6 which is High in comparison with other BC neighbourhoods. 10.2% of population in this neighbourhood that is near the Listing MLS® R2892587 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 3588 W KING EDWARD AVENUE, Vancouver BC V6S 1M6, Vancouver, BC is $92818 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2892587 is $37262 which is Above Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 47.2% which is Low.

Unemployment rate in the area around Real Estate Listing # R2892587 is 5.7 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 3588 W KING EDWARD AVENUE, Vancouver BC V6S 1M6 Dunbar where population change between 2011 and 2016 was 0.1%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 3588 W KING EDWARD AVENUE, Vancouver BC V6S 1M6, Vancouver, BC is 3730.1 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 3588 W KING EDWARD AVENUE, Vancouver BC V6S 1M6 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® R2892587 is 70.1% and it is High. % of Married or living common law is around 58.7% and it is Average.

Average age of the population close to the 3588 W KING EDWARD AVENUE, Vancouver BC V6S 1M6 is 40.9 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 3588 W KING EDWARD AVENUE, Vancouver BC V6S 1M6, Vancouver, BC is $2729934 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 3588 W KING EDWARD AVENUE, Vancouver BC V6S 1M6. $2289 owners spent in average for the dwelling. Tenants are paying $1693 in this district close to MLS® R2892587 and it is High comparing to other cities.

27.2% of Population in this district near the 3588 W KING EDWARD AVENUE, Vancouver BC V6S 1M6 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 3588 W KING EDWARD AVENUE, Vancouver BC V6S 1M6, Vancouver, BC is 15%, it is Above Average, % of English speakers only is 79.7% and Below Average. % of Neither English nor French speakers close to home for sale 3588 W KING EDWARD AVENUE, Vancouver BC V6S 1M6, Vancouver, BC is 5.1% and it is High comparing to other BC cities.

22.5% of all population in the area around this property with the address 3588 W KING EDWARD AVENUE, Vancouver BC V6S 1M6, Vancouver, BC using Public Transport which is Above Average, 62.8% of using population are using Cars around MLS® R2892587, which is Low. 6.7% of people using Bicycles around the 3588 W KING EDWARD AVENUE, Vancouver BC V6S 1M6 and it is High. 5.7% of population are walking which is Above 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 $5,000,000
Vancouver $3,483,167
Dunbar No comparables
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
Call or Text Now!
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