5585 CHESTER ST, Vancouver BC V5W 3B3, Vancouver, BC

$1,590,000
Est. Mortgage /mo

MLS® R2844899

Closed

$1,590,000
Closed at 07 Mar 2024
Listing price: $1,590,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
4 Beds
3 Baths
2 Stories
lot 3845 sqft
2036 sqft
1957 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Your next investment opportunity in Vancouver East's coveted Fraser Street Neighborhood! Priced to sell, positioned on a 35x110 lot, this property is a canvas for your dream home. Investors can capitalize on the potential to redevelop into a duplex with a view, taking advantage of new city regulations. This charming detached home features a two-bedroom walkout basement with updated bathrooms—a perfect mortgage helper. The upper level boasts a kitchen, dining area, and two bedrooms with original golden hardwood floors, and a solarium. Enjoy proximity to transit just ONE BLOCK away. Seize the chance to secure a versatile property with endless potential, offering both comfortable living and attractive investment options. Don't miss out on this opportunity! Open House Sat 10th 2:30-4:30 pm.

General Info

Price $1,590,000
Total Bedrooms 4
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2036
Lot Size 3845.4
Lot Size Depth Feet
Lot Size Frontage 34.8
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1957
Age Of Building 67
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2844899
Area Vancouver East
Neighbourhood Fraser VE
City Vancouver
Gross Taxes $6,475.82
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Additional Parking, Garage Single, Lane Access
Total Parking Spaces 3

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Strata Restrictions -
Rental Restrictions -
Zoning R1-1
Rental Suites Unauthorized Suite
# of Kitchens 2
Flooring Hardwood, Laminate, Other, Tile
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 03-07-2024 $1,590,000
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Listed by: Royal LePage Westside Klein Group & Oakwyn Realty Downtown Ltd.

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
0.33 km
No Rating
Elementary
Sir Alexander Mackenzie Elementary School
Average
0.3 km
Rating 5.8/10

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
St. Andrew's
0.88 km
No Rating
Secondary
King David High School
2.45 km
No Rating

Closest Transit

Translink
Northbound Fraser St @ E 41 Ave
0.07 km

5585 CHESTER STREET, Vancouver BC V5W 3B3 is serviced by Sir Alexander Mackenzie Elementary School. The property with listing MLS® R2844899 is located 0.3 km from the school. Sir Alexander Mackenzie Elementary School has a rating of Rating 5.8/10.

This home with address 5585 CHESTER STREET, Vancouver BC V5W 3B3, Vancouver, BC is also serviced by John Oliver Secondary School and located 0.33 km from it. John Oliver Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 5585 CHESTER STREET, Vancouver BC V5W 3B3 is St. Andrew's with School's rating No Rating, located 0.88 km from this home.

The closest to this address 5585 CHESTER STREET, Vancouver BC V5W 3B3 Secondary independent school is King David High School with School's rating No Rating, located 2.45 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 - 5585 CHESTER STREET, Vancouver BC V5W 3B3, 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® R2844899 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 5585 CHESTER STREET, Vancouver BC V5W 3B3 are Above Average. Property misconduct rating adjacent to MLS® R2844899 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 Northbound Fraser St @ E 41 Ave in 0.07 km away from this listing with - MLS® R2844899.

28.3% of people with university certificate/degree live in this neighbourhood adjacent to the 5585 CHESTER STREET, Vancouver BC V5W 3B3 which is Above Average in comparison with other BC neighbourhoods. 18.1% of population in this neighbourhood that is near the Listing MLS® R2844899 have no certificate or degree. This number is Average compared to the average in BC.

Median Household Income near this dwelling with the address 5585 CHESTER STREET, Vancouver BC V5W 3B3, Vancouver, BC is $74752 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2844899 is $28443 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 53% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2844899 is 6.1 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 5585 CHESTER STREET, Vancouver BC V5W 3B3 Fraser VE 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 5585 CHESTER STREET, Vancouver BC V5W 3B3, Vancouver, BC is 7038.9 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 5585 CHESTER STREET, Vancouver BC V5W 3B3 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® R2844899 is 72.2% and it is High. % of Married or living common law is around 53.1% and it is Below Average.

Average age of the population close to the 5585 CHESTER STREET, Vancouver BC V5W 3B3 is 39.9 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 5585 CHESTER STREET, Vancouver BC V5W 3B3, Vancouver, BC is $1336745 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 5585 CHESTER STREET, Vancouver BC V5W 3B3. $1689 owners spent in average for the dwelling. Tenants are paying $1213 in this district close to MLS® R2844899 and it is Above Average comparing to other cities.

40.8% of Population in this district near the 5585 CHESTER STREET, Vancouver BC V5W 3B3 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 5585 CHESTER STREET, Vancouver BC V5W 3B3, Vancouver, BC is 6.9%, it is Average, % of English speakers only is 85.6% and Below Average. % of Neither English nor French speakers close to home for sale 5585 CHESTER STREET, Vancouver BC V5W 3B3, Vancouver, BC is 7.5% and it is High comparing to other BC cities.

33.6% of all population in the area around this property with the address 5585 CHESTER STREET, Vancouver BC V5W 3B3, Vancouver, BC using Public Transport which is High, 58.6% of using population are using Cars around MLS® R2844899, which is Low. 5% of people using Bicycles around the 5585 CHESTER STREET, Vancouver BC V5W 3B3 and it is High. 2.2% of population are walking which is Below 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 $1,590,000
Vancouver $2,185,695
Fraser VE $2,270,000
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
Call or Text Now!
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