622 Nanaimo St, Vancouver, BC, MLS® R3021312

$1,399,000
Est. Mortgage /mo

$1,399,000
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
4 Beds
2 Baths
2 Stories
lot 3598 sqft
1503 sqft
1946 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

622 Nanaimo St, Vancouver, BC | MLS® R3021312 Property Details

AN EXCEPTIONAL OPPORTUNITY FOR BUILDERS, INVESTORS/FLIPPERS & HOME OWNERS ALIKE, LOCATED IN THE HIGHLY DESIRABLE EAST VILLAGE/HASTINGS-SUNRISE AREA! This 4 bed + 2 bath w/ detached garage, 2 level home, is situated on a 34.1' x 105.5', RT-5N ZONED, CORNER LOT which is perfectly located just a SHORT 2 BLOCK STROLL TO HASTINGS ST wuth a plethora of amazing options at your doorstep, incl. great grocers, hip restaurants/cafes, shops, schools, transit routes & any other convenience one could need! The property has TWO FRONTAGES (Turner St and Nanaimo St), as well as an EASY LANEWAY ACCESS, which provides plenty of favourable options if you are looking to build a single family home, multiplex/duplex or add a laneway home! NO OIL TANK & PRICED WELL UNDER ASSESSMENT VALUE! DON'T MISS THIS ONE!

General Info

Price $1,399,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1503
Lot Size 3598
Lot Size Depth Feet
Lot Size Frontage 34.1
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1946
Age Of Building 79
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3021312
Area Vancouver East
Neighbourhood Renfrew VE
City Vancouver
Gross Taxes $7,075.88
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard, Electric, Forced Air

Utilities

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

Parking

Parking Type Garage Single, Rear Access
Total Parking Spaces 1

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Strata Restrictions -
Rental Restrictions -
Zoning RT-5N
Rental Suites -
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Sanitary Sewer, Storm Sewer

Property History

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Status Date Price
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Listed by: Rennie & Associates Realty 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
Templeton Secondary School
0.29 km
No Rating
Elementary
Dr. A. R. Lord Elementary School
1.23 km
No Rating

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

Private Schools

Elementary, Secondary
PALS Autism School
0.18 km
No Rating
Elementary, Secondary
PALS Autism School
0.18 km
No Rating

Closest Transit

Translink
Northbound Nanaimo St @ Adanac St
0.13 km

Welcome to 622 Nanaimo Street, a vibrant and family-friendly neighborhood in Vancouver, BC. As your trusted realtor, I'm excited to guide you through the community and highlight its best features.

Education

As a parent, choosing the right school district is crucial. Fortunately, this home is serviced by some of Vancouver's top-rated schools. Dr. A. R. Lord Elementary School, a short 1.23 km away, is a highly regarded institution with a rating of No Rating. Just down the road, you'll find Templeton Secondary School, a 0.29 km walk from your front door, also with a No Rating. Additionally, the closest Elementary independent school, PALS Autism School, is a 0.18 km stroll from your home, offering a rating of No Rating. The closest Secondary independent school is also PALS Autism School, conveniently located just 0.18 km away.

Safety

According to Statistics Canada's 2020 report, this neighborhood has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. The crime rate near 622 Nanaimo Street has seen a year-over-year decrease of 14.94%. When it comes to drug-related crimes, the rating is Average, with 229.49 incidents per 100,000 population in 2020. Yearly change in drug crime rate is a 1.58% increase. Property crimes in the area are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. However, the violent crime rate is Below Average, with 1,311.69 incidents per 100,000 population in 2020. Yearly change in violent crime rate is a 3.53% increase.

Transit and Commuting

Getting around Vancouver is a breeze, especially with the Northbound Nanaimo St @ Adanac St bus station just 0.13 km away from this listing with MLS® R3021312.

Demographics

This neighborhood is home to a diverse community, with 28.8% of residents holding a university certificate or degree, making it Above Average compared to other BC neighborhoods. However, 17% of the population has no certificate or degree, which is Average compared to the average in BC. The median household income is $56,698, which is Below Average compared to the British Columbia average. Median personal income is $30,121, also Below Average compared to the BC average. Interestingly, 63.3% of households in this area have a mortgage, making it Above Average.

Lifestyle and Amenities

The average size of families in this area is 2.7, which is Below Average compared to the whole region. However, 54.9% of families have children, making it Average. You'll also find that 44.1% of residents are married or living common law, which is Low. The average age of the population is 40.2, which is Below Average compared to other BC cities. The average value of dwellings in this neighborhood is $829,038, making it High compared to other areas in British Columbia. Average owner payments are Above Average, with owners spending $1,532 per month on their dwellings. Tenants, on the other hand, are paying $1,044 per month, which is Average. Furthermore, 60.1% of the population in this district are renters, making it High compared to other BC cities and areas.

Language and Transportation

The language demographics in this area are diverse, with 11.1% of residents speaking both English and French, making it Above Average. However, 81.2% of residents speak only English, which is Below Average. The transportation options in this area are also convenient, with 32.8% of residents using public transport, making it High. 47% of residents use cars, which is Low. 12.6% of residents use bicycles, making it High, and 6.8% of residents walk, which is Above Average.

Real Estate Context

As a real estate investor or homeowner, it's essential to consider the overall real estate context. The average value of dwellings in this neighborhood is $829,038, making it High compared to other areas in British Columbia. The average owner payments are Above Average, with owners spending $1,532 per month on their dwellings. Tenants, on the other hand, are paying $1,044 per month, which is Average.

Conclusion

As you can see, 622 Nanaimo Street is a fantastic location for families, with top-rated schools and a diverse community. The safety record is Average, and the transportation options are convenient. If you're looking for a home in a vibrant and family-friendly neighborhood, this property with MLS®

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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 $1,399,000
Vancouver $1,848,474
Renfrew VE $1,550,000
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!
Thank you Your message has been sent

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