5538 WALLACE ST, Vancouver BC V6N 2A2, Vancouver, BC

$3,798,000
Est. Mortgage /mo

MLS® R2846029

Closed

$3,400,000
Closed at 21 Mar 2024
Listing price: $3,798,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
4 Beds
2 Baths
2 Stories
lot 7656 sqft
2898 sqft
1931 built
Show more info
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Map
Street view
Schools
Crime
Commute
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Property details

EXPANSIVE 66X116' property on beautiful Wallace Street in Dunbar. POTENTIAL-LOCATION-CHARM. This home has quintessential Vancouver style and is zoned R1-1 with an eastern 10' lane dedication behind the house to allow numerous possibilities . 5 bedrooms, 2 bathrooms with solid oak flooring, wood burning fireplace and a fully landscaped yard. Close to all the best schools: Crofton House. St Georges, Kerrisdale, Magee, Point Grey, UBC and The Village of Dunbar, Southlands and Kerrisdale. Opportunity knocks on this one!

General Info

Price $3,798,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2898
Lot Size 7656
Lot Size Depth Feet
Lot Size Frontage 66
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1931
Age Of Building 93
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Cooktop, Microwave
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2846029
Area Vancouver West
Neighbourhood Dunbar
City Vancouver
Gross Taxes $11,435.6
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Electric, 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, Front Access, Garage Door Opener
Total Parking Spaces 3

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Strata Restrictions -
Rental Restrictions -
Zoning R1-1
Rental Suites -
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Wood

Property History

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Status Date Price
Sold 03-21-2024 $3,798,000
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Listed by: Dexter Realty & Dexter 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
Point Grey Secondary School
2.74 km
No Rating
Elementary
Southlands Elementary School
Average
0.55 km
Rating 5.7/10

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, Secondary
Crofton House
0.99 km
No Rating
Elementary, Secondary
Crofton House
0.99 km
No Rating

Closest Transit

Translink
Westbound W 41 Ave @ Olympic St
0.15 km

5538 WALLACE STREET, Vancouver BC V6N 2A2 is serviced by Southlands Elementary School. The property with listing MLS® R2846029 is located 0.55 km from the school. Southlands Elementary School has a rating of Rating 5.7/10.

This home with address 5538 WALLACE STREET, Vancouver BC V6N 2A2, Vancouver, BC is also serviced by Point Grey Secondary School and located 2.74 km from it. Point Grey Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 5538 WALLACE STREET, Vancouver BC V6N 2A2 is Crofton House with School's rating No Rating, located 0.99 km from this home.

The closest to this address 5538 WALLACE STREET, Vancouver BC V6N 2A2 Secondary independent school is Crofton House with School's rating No Rating, located 0.99 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 - 5538 WALLACE STREET, Vancouver BC V6N 2A2, 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® R2846029 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 5538 WALLACE STREET, Vancouver BC V6N 2A2 are Above Average. Property misconduct rating adjacent to MLS® R2846029 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 Westbound W 41 Ave @ Olympic St in 0.15 km away from this listing with - MLS® R2846029.

56% of people with university certificate/degree live in this neighbourhood adjacent to the 5538 WALLACE STREET, Vancouver BC V6N 2A2 which is High in comparison with other BC neighbourhoods. 8% of population in this neighbourhood that is near the Listing MLS® R2846029 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 5538 WALLACE STREET, Vancouver BC V6N 2A2, Vancouver, BC is $116395 which is High in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2846029 is $42317 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 40.4% which is Low.

Unemployment rate in the area around Real Estate Listing # R2846029 is 6.6 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 5538 WALLACE STREET, Vancouver BC V6N 2A2 Dunbar where population change between 2011 and 2016 was -2.8%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 5538 WALLACE STREET, Vancouver BC V6N 2A2, Vancouver, BC is 3399.5 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 5538 WALLACE STREET, Vancouver BC V6N 2A2 is 3.1. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2846029 is 68.8% and it is Above Average. % of Married or living common law is around 62.7% and it is Above Average.

Average age of the population close to the 5538 WALLACE STREET, Vancouver BC V6N 2A2 is 40.8 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 5538 WALLACE STREET, Vancouver BC V6N 2A2, Vancouver, BC is $3294287 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 5538 WALLACE STREET, Vancouver BC V6N 2A2. $2457 owners spent in average for the dwelling. Tenants are paying $1822 in this district close to MLS® R2846029 and it is High comparing to other cities.

18.4% of Population in this district near the 5538 WALLACE STREET, Vancouver BC V6N 2A2 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 5538 WALLACE STREET, Vancouver BC V6N 2A2, Vancouver, BC is 13.1%, it is Above Average, % of English speakers only is 81.2% and Below Average. % of Neither English nor French speakers close to home for sale 5538 WALLACE STREET, Vancouver BC V6N 2A2, Vancouver, BC is 5.7% and it is High comparing to other BC cities.

18.3% of all population in the area around this property with the address 5538 WALLACE STREET, Vancouver BC V6N 2A2, Vancouver, BC using Public Transport which is Above Average, 69.3% of using population are using Cars around MLS® R2846029, which is Below Average. 6% of people using Bicycles around the 5538 WALLACE STREET, Vancouver BC V6N 2A2 and it is High. 4% of population are walking which is 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 $3,798,000
Vancouver $4,072,560
Dunbar $3,450,000
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
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