3706 W King Edward Ave, Vancouver, BC, MLS® R2971003

$3,988,000
Est. Mortgage /mo

$3,988,000
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
7 Beds
3 Baths
3 Stories
lot 6627 sqft
4030 sqft
1925 built
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Street view
Schools
Crime
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3706 W King Edward Ave, Vancouver, BC | MLS® R2971003 Property Details

QUIET WEST OF DUNBAR. 3 suite rental property. Home extensively rebuilt & renovated. In 1984 the upper floor was rebuilt on permit. Current owner completed another $250,000 in renovations incl new exterior, windows, flooring, roof, fireplace, main & upper kitchens, main & upper baths, decks, firepit, built-in vacuum. Oversized double garage is EV ready. Lower floor is at ground level w/2 bdrms, a kitchen, and full bathroom. Main floor has 2 bdrms, a kitchen, and full bathroom. Upper floor was converted in the 1990s to a self-contained 3 bdrm suite that is a LEGAL SUITE for the life of the building. Current owner occupies the first two floors as a single family home. Potential rents: Up (currently rented) $4,500, Main $3,500, Down $2,500, Garage $500, Ttl $11,000/mo or $132,000/yr.

General Info

Price $3,988,000
Total Bedrooms 7
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 4030
Lot Size 6627.5
Lot Size Depth Feet
Lot Size Frontage 50
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1925
Age Of Building 100
Building Type Triplex
Property Type Residential Income
Architecture Style 3 Storey
Stories 3
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Features BuildingFeatures
Structures Multi Family

Additional Details

MLS # R2971003
Area Vancouver West
Neighbourhood Dunbar
City Vancouver
Gross Taxes $12,921.9
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Forced Air, 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 Double, Open, Lane Access, Garage Door Opener
Total Parking Spaces 3

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Strata Restrictions -
Rental Restrictions -
Zoning R1-1
Rental Suites Legal Suite,Unauthorized Suite
# of Kitchens 3
Flooring Hardwood, Laminate
Foundation Concrete Perimeter
Interior Features Central Vacuum
Locker -
View 1
View Description winter view from upper floor
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Sutton Group-West Coast 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
0.4 km
Rating 6.9/10
Secondary
Lord Byng Secondary School
1.05 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
0.27 km
Rating 8.8/10
Elementary, Secondary
St George's School
0.93 km
Rating 10/10

Closest Transit

Translink
Southbound Dunbar St @ W King Edward Ave
0.11 km
Welcome to 3706 W King Edward Avenue, a stunning property located in the heart of Vancouver, BC, listed as MLS® R2971003.

As we step into this beautiful community, you'll notice the property's proximity to excellent schools. Lord Kitchener Elementary School, with its impressive rating of 6.9/10, is just a short 0.4 km walk from the property. This school is a beloved institution in the neighborhood, providing a high-quality education to its students.

In addition to Lord Kitchener Elementary, the property is also serviced by Lord Byng Secondary School, located approximately 1.05 km away. This school has a rating of No Rating, but it's a testament to the community's commitment to offering a well-rounded education to its residents.

For families seeking more options, Immaculate Conception School, an independent school with an impressive rating of 8.8/10, is just 0.27 km away from the property. This school provides a unique and enriching educational experience for its students.

St George's School, another independent school with a stellar rating of 10/10, is only 0.93 km from the property. This school is renowned for its academic excellence and is a fantastic option for families seeking a high-quality education.

Now, let's talk about the safety of the neighborhood. The latest crime data from Statistics Canada, dated 2020, indicates an overall crime rate of 7,470.82 incidents per 100,000 population near the address 3706 W King Edward Avenue, Vancouver, BC. This rate is Average compared to other Canadian cities. The year-over-year change in the total crime rate is -14.94%, which is a positive trend.

Breaking down the crime statistics, we see that the drug crime rate is Average, with a rating of 229.49 and 1,604 incidents in 2020. The year-over-year change in the illegal substances offences ranking is 1.58%.

Property crimes, on the other hand, are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. The year-over-year change in the property misconduct rate is -20.80%.

Lastly, the violent crime rate is Below Average, with a rating of 1,311.69 and 9,168 incidents in 2020.

Getting around is a breeze, with the closest bus station, Southbound Dunbar St @ W King Edward Ave, just 0.11 km away from the property.

Now, let's dive into the demographics of the neighborhood. 52.6% of people with a university certificate or degree live in this area, which is High compared to other BC neighborhoods. In contrast, 10.2% of the population in this area have no certificate or degree, which is Low compared to the average in BC.

Median Household Income near this dwelling is $92818, which is Above Average in comparison to the British Columbia average.

Median personal income near this dwelling is $37262, which is also Above Average in comparison to the BC average.

% of Households with a mortgage in this census subdivision is 47.2%, which is Low.

Unemployment rate in the area around Real Estate Listing # R2971003 is 5.7%, which is Below Average in comparison to other province neighborhoods.

Population change between 2011 and 2016 was 0.1%, which is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community is 3730.1, which is High.

Average family size in the area is 3, which is Above Average. % of families with children near the Real Estate Listing - MLS® R2971003 is 70.1%, which is High.

Average age of the population close to the 3706 W King Edward Avenue is 40.9, which is Average in comparison to other BC cities.

Average value of dwellings in this neighborhood is $2729934, which is High compared to other areas in British Columbia.

Average Owner payments are High in the area adjacent to 3706 W King Edward Avenue, with owners spending an average of $2289 for the dwelling.

Tenants are paying $1693 in this district, which is also High compared to other cities.

% of Population in this district are renters, which is 27.2%, which is Average comparing to other BC cities and areas.

Lastly, % of English and French speakers around the real estate listing 3706 W King Edward Avenue, Vancouver, BC is 15%, which is Above Average. However, **% of Neither English

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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 $3,988,000
Vancouver No comparables
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
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