5878 Ormidale St, Vancouver, BC V5R 4R3, Vancouver, BC, V5R 4R3, MLS® R2986233

$1,799,000
Est. Mortgage /mo

7.7% price reduction

$1,799,000
$1,949,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
5 Beds
3 Baths
2 Stories
lot 0 sqft
2696 sqft
1980 built
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Map
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Schools
Crime
Commute
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5878 Ormidale St, Vancouver, BC V5R 4R3, Vancouver, BC, V5R 4R3 | MLS® R2986233 Property Details

7.7% price reduction

Welcome to this European custom built home in a great location. The home has been updated throughout the years with newer windows, boiler, torch on roof in 2013, and a huge 20X14 covered deck off the kitchen. This solid built home features three bedrooms and 1.5 bathrooms upstairs, with large eating area and oak cabinets. Main floor features a kitchen, 2 bedrooms, a laundry room and 1 bathroom. There is a double car garage with lane access. This home sits on large 33x139 lot, with development potential, check provincial and municipal zoning guidelines. The location is great, just one block from Kingsway and Boundary, close to transit, parks, shopping, and schools.

General Info

Price $1,799,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2696
Lot Size 0.01
Lot Size Depth Feet
Lot Size Frontage 33
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1980
Age Of Building 45
Building Type Single Family Residence
Property Type Residential
Architecture Style Basement Entry
Stories 2
Appliances Included Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2986233
Area Vancouver East
Neighbourhood Killarney VE
City Vancouver
Gross Taxes $7,875.47
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Baseboard, Hot Water

Utilities

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

Parking

Parking Type Open, RV Access/Parking, Front Access, Lane Access, Concrete
Total Parking Spaces 6

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Strata Restrictions -
Rental Restrictions -
Zoning RES
Rental Suites -
# of Kitchens 2
Flooring Hardwood, Tile, Carpet
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt, Torch-On

Property History

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Status Date Price
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Listed by: Royal LePage West Real Estate Services & Royal LePage West Real Estate Services & Royal LePage West Real Estate Services

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
Killarney Secondary School
1.59 km
No Rating
Elementary
Dr. H. N. MacCorkindale Elementary School
0.54 km
No Rating

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

Private Schools

Elementary
St.Mary's School
1.01 km
Rating 9.4/10
Secondary
Vancouver Formosa Academy
1.61 km
No Rating

Closest Transit

Translink
Eastbound Kingsway @ Lincoln St
0.19 km

Welcome to 5878 Ormidale Street, a beautiful home in the vibrant Killarney VE neighborhood of Vancouver, BC. This stunning property, listed as MLS® R2986233, boasts an ideal location that's perfect for families and individuals alike.

Let's start with the schools. Dr. H. N. MacCorkindale Elementary School, located just 0.54 km from this property, is a highly-rated institution that families love for its excellent education and nurturing environment. This school has a rating of No Rating, but its proximity and reputation make it a top choice for many parents.

In addition to Dr. H. N. MacCorkindale Elementary, this property is also serviced by Killarney Secondary School, situated 1.59 km away. While Killarney Secondary has a rating of No Rating, its strong reputation and commitment to academic excellence make it a great option for students.

For those seeking an alternative to traditional public schools, St. Mary's School, an independent elementary school, is just 1.01 km from this home. With a stellar rating of 9.4/10, St. Mary's offers a unique and engaging educational experience that's perfect for families seeking a more personalized approach.

For secondary education, Vancouver Formosa Academy, an independent secondary school, is 1.61 km from this property. While it has a rating of No Rating, its commitment to academic excellence and cultural diversity make it an attractive option for many students.

Now, let's talk about safety. According to the 2020 crime statistics from Statistics Canada, this neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. The year-over-year change in crime rate is -14.94%, indicating a declining trend in crime.

In terms of specific types of crime, the rate of drug-related offenses is Average, with 229.49 incidents per 100,000 population. There were 1,604 illegal substances lawbreaking disturbances in the city in 2020, with a year-over-year change of 1.58%.

Property crimes, on the other hand, are Above Average, with 5,020.27 incidents per 100,000 population. There were 35,089 property misconduct incidents in the neighborhood in 2020, with a year-over-year change of -20.80%.

Violent crime rates are Below Average, with 1,311.69 incidents per 100,000 population. There were 9,168 violent lawbreaking disorders in 2020, with a year-over-year change of 3.53%.

Now, let's explore the lifestyle and demographics of this neighborhood. The closest bus station is Eastbound Kingsway @ Lincoln St, just 0.19 km away from this property. This convenient location makes it easy to get around the city without a car.

In terms of education, 23.7% of the population in this neighborhood has a university certificate or degree, which is Above Average compared to other BC neighborhoods. On the other hand, 20.9% of the population has no certificate or degree, which is also Above Average.

The median household income in this neighborhood is $59,959, which is Below Average compared to the British Columbia average. However, the earnings potential in this area is still attractive, making it a great option for families and individuals.

Unemployment rates in this area are Below Average, with a rate of 6.9% compared to other province neighborhoods. This indicates a strong and stable economy that's perfect for those seeking a secure living situation.

The population change between 2011 and 2016 was 0.3%, which is Average compared to the average growth rate of this region. This indicates a stable and consistent growth pattern that's attractive to families and businesses alike.

In terms of population density, this neighborhood has a high density of 7,772 people per square kilometer. This is perfect for those who value diversity and urban living.

The average size of families in this area is 3, which is Above Average compared to the whole region. Additionally, 75% of families in this neighborhood have children, which is High. However, 49.4% of the population is married or living common law, which is Below Average.

The average age of the population in this area is 40.9, which is Average compared to other BC cities. This indicates a diverse and vibrant community that's perfect for families and individuals of all ages.

In terms of real estate, the average value of dwellings in this neighborhood is $1,276,170, which is High compared to other areas in British Columbia. However, the average owner payments are Above Average, with owners spending an average of $1,394 on their dwellings.

Tenants, on the other hand, pay an average of $982 per month, which is Average compared to

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,799,000
Vancouver $2,558,833
Killarney VE $2,295,000
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
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