654 E 7th Ave, Vancouver, BC, MLS® R2985628

$3,799,999
Est. Mortgage /mo

$3,799,999
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
3 Stories
lot 6039 sqft
3344 sqft
1909 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

654 E 7th Ave, Vancouver, BC | MLS® R2985628 Property Details

Multiplex Development Opportunity in Mount Pleasant! A rare chance to develop a 10-unit project in the heart of Mount Pleasant! This 49.5’ x 122’ lot with 1.45 FSR comes with a City of Vancouver development permit letter (prior-to issuance), allowing you to purchase and move forward with building permit application and break ground this summer. Designed by Schema Architecture, the plan includes: 3-Bed Units x 2, 2-Bed Units x 4, 1-Bed Units x 2, 1-Bed + Den Units x 2. Just steps from shopping, restaurants, the Seawall, and more, this is a prime opportunity to build for eager buyers in one of Vancouver’s most desirable neighborhoods. Contact me for more details!

General Info

Price $3,799,999
Total Bedrooms 4
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 3344
Lot Size 6039
Lot Size Depth Feet
Lot Size Frontage 49.5
Basement Exterior Entry, Unfinished
Basement Features BasementFeatures

Property Metrics

Year Built 1909
Age Of Building 116
Building Type Single Family Residence
Property Type Residential
Stories 3
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2985628
Area Vancouver East
Neighbourhood Mount Pleasant VE
City Vancouver
Gross Taxes $8,598.13
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Forced Air, Wood

Utilities

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

Parking

Parking Type Garage Single
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RM-4
Rental Suites Licensed Suite
# of Kitchens 2
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Roof Asphalt

Property History

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Status Date Price
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Listed by: Oakwyn 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
Vancouver Technical Secondary School
5.44 km
No Rating
Elementary
Mount Pleasant Elementary School
0.33 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. Francis Xavier
0.47 km
Rating 9.8/10
Secondary
Columbia College
0.91 km
No Rating

Closest Transit

Translink
Westbound E Broadway @ Fraser St
0.17 km
Welcome to 654 E 7th Avenue, a stunning property in the heart of Vancouver's Mount Pleasant neighborhood, listed as MLS® R2985628!

As we walk through this vibrant community, you'll discover a charming blend of urban convenience and natural beauty. Let's start with the schools – a top priority for many families. Your children will attend Mount Pleasant Elementary School, just a 0.33 km stroll away from this beautiful home. With a rating of No Rating, you can trust that this school provides a solid foundation for academic excellence.

Just down the road, Vancouver Technical Secondary School awaits, offering a rating of No Rating and located a comfortable 5.44 km from your new home. For those seeking a more independent education, St. Francis Xavier Elementary Independent School is a 0.47 km walk away, boasting an impressive rating of 9.8/10. For secondary education, Columbia College is a mere 0.91 km from your doorstep, with a No Rating to speak of.

Safety First

Now, let's talk about crime statistics, which are a vital aspect of any neighborhood. According to the 2020 report from Statistics Canada, this area experiences an average crime rate of 7,470.82, which is Average compared to other Canadian cities. The year-over-year change in the total crime rate is a reassuring -14.94%. When it comes to drug-related offenses, the rating is Average, with 1,604 incidents reported in 2020. The year-over-year change in the illegal substances offenses ranking is a modest 1.58%.

Property crimes in the area are considered Above Average, with a rating of 5,020.27 and 35,089 incidents reported in 2020. However, the year-over-year change in the property misconduct rate is a positive -20.80%. Lastly, the violent crime rate is Below Average at 1,311.69, with a year-over-year change of 3.53%.

Commute and Amenities

Now that we've covered the schools and crime statistics, let's discuss the convenience of living in Mount Pleasant. The closest Bus station, Westbound E Broadway @ Fraser St, is a mere 0.17 km away from your new home, making public transportation a breeze. With a median household income of $58,832 (Below Average in BC) and a median personal income of $41,461 (Above Average in BC), you'll have access to a diverse range of amenities and services.

The neighborhood boasts a high percentage of university-educated residents (46.6%), which is High compared to other BC neighborhoods. In contrast, only 7.3% of the population in this area has no certificate or degree, making it a Low compared to the average in BC.

Real Estate Insights

As we explore the real estate landscape, you'll notice that the average value of dwellings in this neighborhood is $512,551, which is Above Average compared to other areas in British Columbia. The average owner payments are also Above Average, with homeowners spending $1,475 on average for their residences. Tenants, on the other hand, pay an average of $1,128, which is also Above Average in the region.

Demographics and Lifestyle

With a population density of 4,702.9 people per square kilometer, this community is considered High. The average family size is 2.3, which is Low compared to the whole region. Only 32% of families in the area have children, making it a Low percentage. The average age of the population is 38.9, which is Below Average compared to other BC cities.

As you explore the neighborhood, you'll notice a strong sense of community, with 59.7% of the population renting, making it High compared to other BC cities and areas. The majority of residents (84.2%) speak only English, making it Below Average. Meanwhile, 14.7% of the population speaks both English and French, which is Above Average.

Transportation and Lifestyle

When it comes to transportation, 27.6% of the population uses public transport, which is High. In contrast, 41.7% of residents use cars, making it Low. An impressive 15.4% of the population uses bicycles, which is High, while 13.8% of residents walk, also making it High.

In conclusion, 654 E 7th Avenue, Vancouver, BC (MLS® R2985628) offers an unparalleled blend of urban convenience, natural beauty, and community spirit. With its rich amenities, diverse demographics, and exceptional schools, this property is a true gem in the heart of Vancouver's Mount Pleasant neighborhood.

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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 $3,799,999
Vancouver $3,495,622
Mount Pleasant VE 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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
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