5571 FLEMING ST, Vancouver BC V5P 3G1, Vancouver, BC

$1,800,000
Est. Mortgage /mo

MLS® R2865992

Closed

$1,788,000
Closed at 31 Jul 2024
Listing price: $1,800,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
5 Beds
3 Baths
2 Stories
lot 5368 sqft
2263 sqft
1954 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Attention Builders and Investors! This property presents a remarkable opportunity in the heart of Knight neighbourhood. Close to Kensington Park and Victoria Drive. Situated on a generous lot with 44' of frontage with a laneway, this parcel boasts immense potential for redevelopment to 4-5 units under the new BC multiplex program. Rezoning is not required.

General Info

Price $1,800,000
Total Bedrooms 5
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2263
Lot Size 5368
Lot Size Depth Feet
Lot Size Frontage 44
Basement Full, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1954
Age Of Building 70
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2865992
Area Vancouver East
Neighbourhood Knight
City Vancouver
Gross Taxes $7,011.81
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Forced Air

Utilities

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

Parking

Parking Type Carport Multiple
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RS-1
Rental Suites -
# of Kitchens 1
Flooring Mixed
Foundation Block
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 07-31-2024 $1,800,000
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Listed by: Sutton Group - 1st 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
Tecumseh Elementary School
Average
0.47 km
Rating 6.1/10
Elementary
Tecumseh Annex
0.37 km
No Rating
Secondary
Gladstone Secondary School
1.84 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
Corpus Christi School
1.34 km
Rating 10/10
Secondary
Vancouver Formosa Academy
1.95 km
No Rating

Closest Transit

Translink
Westbound E 41 Ave @ Fleming St
0.13 km

5571 FLEMING STREET, Vancouver BC V5P 3G1 is serviced by Tecumseh Annex. The property with listing MLS® R2865992 is located 0.37 km from the school. Tecumseh Annex has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 5571 FLEMING STREET, Vancouver BC V5P 3G1 is Corpus Christi School with School's rating Rating 10/10, located 1.34 km from this home.

The closest to this address 5571 FLEMING STREET, Vancouver BC V5P 3G1 Secondary independent school is Vancouver Formosa Academy with School's rating No Rating, located 1.95 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 - 5571 FLEMING STREET, Vancouver BC V5P 3G1, 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® R2865992 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 5571 FLEMING STREET, Vancouver BC V5P 3G1 are Above Average. Property misconduct rating adjacent to MLS® R2865992 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 E 41 Ave @ Fleming St in 0.13 km away from this listing with - MLS® R2865992.

22.1% of people with university certificate/degree live in this neighbourhood adjacent to the 5571 FLEMING STREET, Vancouver BC V5P 3G1 which is Above Average in comparison with other BC neighbourhoods. 26.7% of population in this neighbourhood that is near the Listing MLS® R2865992 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 5571 FLEMING STREET, Vancouver BC V5P 3G1, Vancouver, BC is $65609 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2865992 is $24312 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 43.2% which is Low.

Unemployment rate in the area around Real Estate Listing # R2865992 is 6.9 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 5571 FLEMING STREET, Vancouver BC V5P 3G1 Knight where population change between 2011 and 2016 was -1.5%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 5571 FLEMING STREET, Vancouver BC V5P 3G1, Vancouver, BC is 7680.3 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 5571 FLEMING STREET, Vancouver BC V5P 3G1 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® R2865992 is 72.2% and it is High. % of Married or living common law is around 53.3% and it is Below Average.

Average age of the population close to the 5571 FLEMING STREET, Vancouver BC V5P 3G1 is 41.5 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 5571 FLEMING STREET, Vancouver BC V5P 3G1, Vancouver, BC is $1330325 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 5571 FLEMING STREET, Vancouver BC V5P 3G1. $1331 owners spent in average for the dwelling. Tenants are paying $1118 in this district close to MLS® R2865992 and it is Above Average comparing to other cities.

43.8% of Population in this district near the 5571 FLEMING STREET, Vancouver BC V5P 3G1 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 5571 FLEMING STREET, Vancouver BC V5P 3G1, Vancouver, BC is 2.8%, it is Low, % of English speakers only is 79.6% and Below Average. % of French speakers adjacent to 5571 FLEMING STREET, Vancouver BC V5P 3G1 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 5571 FLEMING STREET, Vancouver BC V5P 3G1, Vancouver, BC is 17.5% and it is High comparing to other BC cities.

34.3% of all population in the area around this property with the address 5571 FLEMING STREET, Vancouver BC V5P 3G1, Vancouver, BC using Public Transport which is High, 59.3% of using population are using Cars around MLS® R2865992, which is Low. 2.6% of people using Bicycles around the 5571 FLEMING STREET, Vancouver BC V5P 3G1 and it is Above Average. 3.3% 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 $1,800,000
Vancouver $2,811,544
Knight 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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