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!
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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 | 25'4 x 25'4 ft |
Main Level | Dining Room | 9'6 x 9'6 ft |
Main Level | Kitchen | 10'11 x 10'11 ft |
Main Level | Family Room | 10'4 x 10'4 ft |
Main Level | Primary Bedroom | 11'7 x 11'7 ft |
Main Level | Bedroom | 10'2 x 10'2 ft |
Main Level | Bedroom | 11'9 x 11'9 ft |
Below | Foyer | 10'4 x 10'4 ft |
Below | Laundry | 3'10 x 3'10 ft |
Below | Living Room | 6'4 x 6'4 ft |
Below | Kitchen | 5' x 5' ft |
Below | Bedroom | 10'2 x 10'2 ft |
Below | Bedroom | 8'6 x 8'6 ft |
Below | Living Room | 10'2 x 10'2 ft |
Below | Kitchen | 4'10 x 4'10 ft |
Below | Bedroom | 8'11 x 8'11 ft |
Below | Kitchen | 7'10 x 7'10 ft |
Below | Bedroom | 8'8 x 8'8 ft |
Below | Bedroom | 17'1 x 17'1 ft |
Below | Foyer | 4'10 x 4'10 ft |
Main Level | Laundry | 12'2 x 12'2 ft |
Main Level | Walk-In Closet | 4'9 x 4'9 ft |
Bathrooms
Floor | Ensuite | Pieces |
---|---|---|
Main Level | No | #4 |
Main Level | Yes | #4 |
Below | No | #4 |
Below | No | #3 |
Below | No | #3 |
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
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.
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.
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.
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.
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.
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.
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.
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.
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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