Live in luxury while earning $4,200/month in rental income to offset your mortgage! This better-than-new 2023 East Van home features a legal 1-bed suite ($1,850/month) and a detached 1-bed carriage house ($2,350/month). The main home offers 3 beds up, office on main, and 1-bed down, plus premium finishes: hardwood floors, A/C, smart home security, chef's kitchen and more! Set on a quiet street steps from Memorial South Park and close to Fraser Street’s top cafes and shops, it’s the perfect mix of comfort, convenience, and income. Enjoy a private fenced yard and EV-ready parking. A rare opportunity to live stylishly while your home pays you back. Whether you’re looking for multigenerational living or a strategic mortgage solution, this home delivers unmatched versatility and value!
General Info
Property Metrics
Additional Details
Heating & Cooling
Utilities
Parking
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Property History
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Status | Date | Price |
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Rooms
Floor | Type | Dimensions |
---|---|---|
Main Level | Living Room | 14'5 x 14'5 ft |
Main Level | Dining Room | 14'4 x 14'4 ft |
Main Level | Kitchen | 15'3 x 15'3 ft |
Main Level | Office | 10'2 x 10'2 ft |
Main Level | Foyer | 9'0 x 9'0 ft |
Main Level | Mud Room | 8'3 x 8'3 ft |
Main Level | Patio | 14'5 x 14'5 ft |
Above Level | Primary Bedroom | 15'5 x 15'5 ft |
Above Level | Walk-In Closet | 8'8 x 8'8 ft |
Above Level | Bedroom | 12'6 x 12'6 ft |
Above Level | Bedroom | 11'0 x 11'0 ft |
Below | Recreation Room | 12'2 x 12'2 ft |
Basement Level | Bedroom | 9'8 x 9'8 ft |
Basement Level | Kitchen | 15'3 x 15'3 ft |
Basement Level | Bedroom | 10'7 x 10'7 ft |
Basement Level | Laundry | 8'6 x 8'6 ft |
Basement Level | Utility | 8'6 x 8'6 ft |
Below | Kitchen | 18'6 x 18'6 ft |
Below | Bedroom | 12'1 x 12'1 ft |
Below | Foyer | 9'2 x 9'2 ft |
Bathrooms
Floor | Ensuite | Pieces |
---|---|---|
Above Level | Yes | #5 |
Above Level | No | #4 |
Below | No | #4 |
Below | No | #2 |
Main Level | No | #2 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Welcome to 5814 Chester Street, a charming residence in Vancouver, BC, listed as MLS® R3029649. As we stroll through this vibrant community, you'll discover the perfect blend of convenience, amenities, and lifestyle.
First, let's talk about the exceptional schools that serve this neighborhood. Your children will thrive at Sir Alexander Mackenzie Elementary School, located just 0.38 km from this home. With a rating of 5.8/10 from parents and teachers, you can trust that they'll receive a top-notch education. Plus, John Oliver Secondary School is just 0.35 km away, offering a comprehensive curriculum and extracurricular activities.
As a family, you'll appreciate the close proximity to St. Andrew's Elementary, an independent school rated No Rating, located 0.73 km from this home. For secondary education, King David High School, an independent school with a No Rating, is just 2.5 km away.
Now, let's talk about the community's safety. According to Statistics Canada's 2020 report, there were 52,217 volation disturbances in this neighborhood. The overall crime rate near 5814 Chester Street, Vancouver, BC, is 7,470.82, which is considered Average compared to other Canadian cities. However, the crime rate has decreased by 14.94% year over year, making this a very safe area to live.
When it comes to property crimes, the neighborhood is considered Above Average, with a rating of 5,020.27. However, the year-over-year change in property misconduct rate is -20.80%, indicating a decrease in crime. Violent crimes are also Below Average, with a rate of 1,311.69, and have increased by 3.53% year over year.
As for public transportation, the closest bus station is Eastbound E 41 Ave @ Fraser St, just 0.13 km away from this listing with MLS® R3029649.
Now, let's talk about the demographics of this neighborhood. You'll find that 24.1% of the population holds a university certificate or degree, which is Above Average compared to other BC neighborhoods. On the other hand, 23.5% of the population has no certificate or degree, also Above Average.
In terms of income, the median household income near 5814 Chester Street, Vancouver, BC, is $65,978, which is Average compared to other BC neighborhoods. However, the median personal income is $23,580, which is Low compared to the BC average. Additionally, 41% of households in this area have a mortgage, which is Low compared to other neighborhoods.
Unemployment rates in the area are Low, at 4.2%, making it an attractive location for job seekers.
Let's talk about population growth. This neighborhood has experienced an average growth rate of 2.2% between 2011 and 2016, which is Average compared to other regions.
As for lifestyle, you'll find that this neighborhood is quite diverse, with a population density of 5,687.1 people per square kilometer, which is High. The average family size is 3.1, which is Above Average, and 74% of families in the area have children, making it a great community for families.
The average age of the population is 41.3 years, which is Average compared to other BC cities. However, the average value of dwellings in this neighborhood is $1,386,237, which is High compared to other areas in British Columbia.
In terms of housing costs, owners spend an average of $1,379 per month on their dwellings, which is Above Average. Tenants pay an average of $1,084 per month, which is Average compared to other cities.
Finally, 45.7% of the population in this area are renters, which is Above Average compared to other BC cities and areas.
At 5814 Chester Street, Vancouver, BC, MLS® R3029649, you'll find a vibrant community with a mix of young families, professionals, and long-time residents. Come and explore this charming neighborhood for yourself and discover why it's the perfect place to call home.
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