5318 Prince Edward St, Vancouver, BC | MLS® R3040418 Property Details

Stunning FAMILY HOME, ACROSS FROM PARK, with a ROOFTOP PATIO and 2 MORTGAGE HELPERS! The main floor boasts an OPEN CONCEPT floor plan, 10' HIGH CEILINGS, a spacious living room with a GAS FIREPLACE, a dining area that can accommodate a 6 or 8 person table, a kitchen with a LARGE ISLAND that’s perfect for entertaining, & a FAMILY ROOM. The 2nd floor features 3 bedrooms, including a HUGE PRIMARY with an ELEGANT 4pc ENSUITE & WALK-IN CLOSET; the basement offers a REC ROOM & full bathroom, as well as a fully SELF CONTAINED 1-bedroom LEGAL SUITE. The 2-bedroom LANEWAY HOME provides additional RENTAL INCOME, already rented to a wonderful tenant. Minutes to QE PARK, HILLCREST Community Centre, & all the RESTAURANTS, SHOPS & CAFÉS of both MAIN & FRASER Streets. Available for IMMEDIATE POSSESSION!

General Info

Price $3,199,800

Total Bedrooms 6

Total Bathrooms 5

Half Bathrooms 1

Floor Area Total (sqft) 2597

Lot Size 3729.6

Lot Size Depth Feet

Lot Size Frontage 33.3

Basement Finished

Basement Features BasementFeatures

Property Metrics

Year Built 2018

Age Of Building 7

Building Type Single Family Residence

Property Type Residential

Architecture Style Laneway House

Stories 2

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven, Wine Cooler

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS # R3040418

Area Vancouver East

Neighbourhood Fraser VE

City Vancouver

Gross Taxes $10,741.6

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Shopping Nearby

Fixtures Included -

Heating & Cooling

Fireplace 2

Heating Type Electric, Radiant

Cooling Air Conditioning

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Open, Lane Access

Total Parking Spaces 1

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Strata Restrictions -

Rental Restrictions -

Zoning R1-1

Rental Suites Legal Suite

# of Kitchens 3

Flooring Hardwood, Laminate, Mixed, Tile

Foundation Concrete Perimeter

Interior Features Central Vacuum

Locker -

View Description MOUNTAIN

Units In Development -

Exterior Features Balcony

Sewer Public Sewer, Sanitary Sewer

Roof Asphalt, Torch-On

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Foyer	6'11 x 6'11 ft
Main Level	Living Room	13'3 x 13'3 ft
Main Level	Dining Room	13'4 x 13'4 ft
Main Level	Kitchen	11'3 x 11'3 ft
Main Level	Family Room	11'3 x 11'3 ft
Above Level	Primary Bedroom	13'7 x 13'7 ft
Above Level	Walk-In Closet	8'7 x 8'7 ft
Above Level	Bedroom	9'1 x 9'1 ft
Above Level	Bedroom	8'6 x 8'6 ft
Basement Level	Recreation Room	16'1 x 16'1 ft
Basement Level	Kitchen	10'7 x 10'7 ft
Basement Level	Living Room	10'7 x 10'7 ft
Basement Level	Bedroom	10'3 x 10'3 ft
Basement Level	Laundry	10'3 x 10'3 ft
Below	Utility	6'8 x 6'8 ft
Below	Living Room	10'3 x 10'3 ft
Below	Kitchen	8'2 x 8'2 ft
Below	Storage	7'11 x 7'11 ft
Below	Bedroom	7'11 x 7'11 ft
Below	Walk-In Closet	7'11 x 7'11 ft
Below	Bedroom	6'8 x 6'8 ft
Below	Walk-In Closet	3'4 x 3'4 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#2
Above Level	Yes	#4
Above Level	No	#4
Basement	No	#4
Basement	No	#4

Listed by: RE/MAX Select 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

Secondary

John Oliver Secondary School

0.52 km

No Rating

Elementary

General Brock Elementary School

Average

0.57 km

Rating 6.6/10

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

Private Schools

Elementary

St. Andrew's

1.09 km

No Rating

Secondary

King David High School

1.96 km

No Rating

Closest Transit

Translink

Northbound Main St @ E 36 Ave

0.36 km

Welcome to 5318 Prince Edward Street, Vancouver, BC - MLS R3040418

As we step into the charming neighborhood of Fraser VE, you'll notice the perfect blend of tranquility and convenience that makes 5318 Prince Edward Street an ideal home for families and professionals alike. This incredible property, listed as MLS R3040418, offers a unique opportunity to experience the best of Vancouver's diverse communities.

Education

Just down the road, you'll find General Brock Elementary School, a reputable institution with a rating of 6.6/10, located 0.57 km from our property. General Brock Elementary is a beloved school in the area, and we're proud to have it nearby. Additionally, John Oliver Secondary School is just 0.52 km away, offering students a seamless transition to high school. For those seeking an alternative education, St. Andrew's Elementary is a short 1.09 km drive, and King David High School is 1.96 km away, providing a range of options for families.

Safety

According to the 2020 crime statistics from Statistics Canada, our neighborhood is considered Average in terms of crime rates, with 7,470.82 incidents per 100,000 population. This is reassuring for families and individuals who prioritize a safe living environment. Furthermore, the drug crime rate is Average, with 229.49 incidents per 100,000 population, and property crimes are Above Average, but still manageable.

Demographics

The population of our neighborhood is diverse and educated, with 40.7% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. The median household income is $70,617, Average in comparison to the British Columbia average, and the median personal income is $33,227, also Average. However, 42.8% of households in our area have a mortgage, which is Low compared to other regions.

Transit and Lifestyle Amenities

Convenience is key when it comes to transportation. The Northbound Main St @ E 36 Ave bus station is just 0.36 km away, making it easy to get around the city. Our neighborhood is also close to several parks, beaches, and trails, perfect for outdoor enthusiasts. Additionally, you'll find a variety of shopping malls, grocery stores, restaurants, and coffee shops nearby, making it easy to access everything you need.

Real Estate Context

The average value of dwellings in our neighborhood is $1,806,306, which is High compared to other areas in British Columbia. Average owner payments are also High, with $1,661 spent on average for the dwelling. Tenants are paying $1,253 in this district, which is Above Average. With 38.4% of the population renting, our neighborhood is Above Average in terms of renter demographics.

Community Insights

Our neighborhood is a vibrant and diverse community, with an average age of 44.9, which is Above Average compared to other BC cities. The average family size is 2.8, which is Below Average, but the percentage of families with children is 62.4%, which is Above Average. Unemployment rates are Low, at 4.9%, making it an excellent choice for professionals and families alike.

As we explore the charms of 5318 Prince Edward Street, you'll discover a unique blend of tranquility, convenience, and community spirit. This exceptional property, listed as MLS R3040418, offers a rare opportunity to experience the best of Vancouver's diverse neighborhoods. Contact me today to schedule a viewing and make this incredible home yours.

Address: 5318 Prince Edward Street, Vancouver, BC

MLS R3040418

Neighborhood: Fraser VE

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