707 E 63rd Ave, Vancouver, BC, MLS® R3036403

$2,299,900
Est. Mortgage /mo

$2,299,900
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
8 Beds
5 Baths
2 Stories
lot 4395 sqft
3010 sqft
1995 built
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Photos
Map
Street view
Schools
Crime
Commute
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707 E 63rd Ave, Vancouver, BC | MLS® R3036403 Property Details

A rare opportunity to own an upgraded corner-lot home in great Van East location! This spacious 8-bed 5-bath residence sits on a 4,395 sqft lot, features three self-contained rental suites, offering excellent mortgage helper with great rental income. In 2024, the home was updated with brand-new stainless steel appliances, laminated flooring, a high-efficiency on-demand hot water system, heat pump with air conditioning—ensuring comfort and energy efficiency, radiant heating thru out the house. Ideal for families and investors this property provides flexibility, modern living, and income potential in one of Vancouver East best neighbourhood. Centrally located near schools, parks, shopping, and transit, mins from YVR and Richmond, it's a smart, move-in-ready investment you don’t want to miss!

General Info

Price $2,249,000
Total Bedrooms 8
Total Bathrooms 5
Half Bathrooms 0
Floor Area Total (sqft) 3010
Lot Size 4395
Lot Size Depth Feet
Lot Size Frontage 43.95
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1995
Age Of Building 30
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3036403
Area Vancouver East
Neighbourhood South Vancouver
City Vancouver
Gross Taxes $8,739.81
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 0
Heating Type Baseboard, Radiant
Cooling Air Conditioning

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, Rear Access
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning RES
Rental Suites Legal Suite,Unauthorized Suite
# of Kitchens 4
Flooring Laminate, Tile
Foundation Concrete Perimeter
Interior Features Vaulted Ceiling(s)
Locker -
View 1
View Description RICHMOND
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Concrete

Property History

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Status Date Price
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Listed by: One Percent 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
John Oliver Secondary School
2.18 km
No Rating
Elementary
Walter Moberly Elementary School
Average
0.54 km
Rating 5.8/10

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

Private Schools

Elementary
St. Andrew's
1.6 km
No Rating
Secondary
Royal Canadian College
2.14 km
No Rating

Closest Transit

Translink
Southbound Fraser St @ E 63 Ave
0.06 km
Welcome to 707 E 63rd Avenue, a Hidden Gem in South Vancouver!

As a seasoned realtor, I'm excited to introduce you to this charming property, listed as MLS® R3036403. Located in the heart of South Vancouver, 707 E 63rd Avenue offers a unique blend of convenience, lifestyle, and community spirit.

Education

Just down the road, you'll find Walter Moberly Elementary School, rated 5.8/10, and located a mere 0.54 km from our property. This esteemed school is a top choice for families, and with its close proximity, you can rest assured your children will receive an excellent education. Plus, John Oliver Secondary School and St. Andrew's Elementary Independent School are also within a short distance, offering a range of options for students of all ages.

Safety

According to Statistics Canada's 2020 report, this neighborhood boasts an average crime rate of 7,470.82 incidents per 100,000 population, which is lower than the national average. With a -14.94% year-over-year decrease in crime rates, you can feel confident in the safety of this community. Additionally, the drug crime rate is average, and property crimes are above average, but the violent crime rate is below average, making this a secure and peaceful neighborhood to call home.

Demographics

This vibrant community is home to a diverse population, with 20.4% of residents holding a university certificate or degree, which is average in comparison to other BC neighborhoods. Meanwhile, 23.7% of the population have no certificate or degree, which is above average. The median household income is $67,840, which is average, while the median personal income is $24,416, which is lower than the BC average. However, 64.3% of households in this census subdivision have a mortgage, which is above average.

Lifestyle Amenities

Just a stone's throw away from our property, you'll find a plethora of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The Southbound Fraser St @ E 63 Ave bus station is also conveniently located just 0.06 km away, making public transportation a breeze.

Real Estate Context

The average size of families in this area is 3.2, which is high compared to the whole region. Furthermore, 77.6% of families in this neighborhood have children, which is also high. The average age of the population is 40.7 years, which is average in comparison to other BC cities. The average value of dwellings in this neighborhood is $1,379,782, which is high compared to other areas in British Columbia.

Investment Insights

If you're considering investing in real estate, this property offers a unique opportunity. With an average owner payment of $1,871, this is a high-cost area to own a home. However, tenants are paying an average of $1,056, which is average compared to other cities. Additionally, 51.5% of the population in this district are renters, which is high compared to other BC cities and areas.

Transportation

This neighborhood is well-connected, with 33.3% of the population using public transportation, which is high. Meanwhile, 62.8% of the population uses cars, which is low. 1.1% of people use bicycles, which is average, and 2.2% of the population walks, which is below average.

Why Buy Here?

In conclusion, 707 E 63rd Avenue, Vancouver, BC, MLS® R3036403, offers a unique blend of convenience, lifestyle, and community spirit. With its excellent schools, average crime rate, diverse demographics, and plethora of lifestyle amenities, this property is an attractive option for families, investors, and anyone seeking a peaceful and secure community to call home. As your trusted realtor, I invite you to experience the charm of South Vancouver for yourself and make this property your dream home.

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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 $2,299,900
Vancouver No comparables
South Vancouver 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!
Thank you Your message has been sent

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