7247 INVERNESS ST, Vancouver BC V5X 4G7, Vancouver, BC

$1,950,000
Est. Mortgage /mo

MLS® R2899593

Closed

$1,920,000
Closed at 04 Nov 2024
Listing price: $1,950,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
6 Beds
4 Baths
2 Stories
lot 4587 sqft
2450 sqft
1967 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

This spacious Vancouver Special home on a generous 4,587 square feet lot offers an excellent investment opportunity and comfortable living. Completely renovated, it features a large kitchen, dining, living areas, 3 bedrooms, and 2 bathrooms on the main floor, with a massive covered sundeck for entertaining. Downstairs, two rental suites (1-bedroom and 2-bedroom). Conveniently located near schools, parks, stores, and transit routes, with easy access to YVR airport and downtown Vancouver within 15-20 minutes.

General Info

Price $1,950,000
Total Bedrooms 6
Total Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 2450
Lot Size 4587
Lot Size Depth Feet
Lot Size Frontage 33
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1967
Age Of Building 57
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2899593
Area Vancouver East
Neighbourhood South Vancouver
City Vancouver
Gross Taxes $7,236.38
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Natural Gas

Utilities

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

Parking

Parking Type Additional Parking, Front Access, Side Access
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RS1
Rental Suites Unauthorized Suite
# of Kitchens 2
Flooring Hardwood, Laminate
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Sanitary Sewer, Storm Sewer
Roof Torch-On

Property History

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Status Date Price
Sold 11-04-2024 $1,950,000
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Listed by: eXp Realty & eXp Realty

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
David Thompson Secondary School
0.76 km
No Rating
Elementary
Walter Moberly Elementary School
Average
0.44 km
Rating 5.8/10

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
Qawsain Knowledge House
1.07 km
No Rating
Secondary
Vancouver Formosa Academy
2.99 km
No Rating

Closest Transit

Translink
Southbound Knight St @ E 57 Ave
0.23 km

7247 INVERNESS STREET, Vancouver BC V5X 4G7 is serviced by Walter Moberly Elementary School. The property with listing MLS® R2899593 is located 0.44 km from the school. Walter Moberly Elementary School has a rating of Rating 5.8/10.

This home with address 7247 INVERNESS STREET, Vancouver BC V5X 4G7, Vancouver, BC is also serviced by David Thompson Secondary School and located 0.76 km from it. David Thompson Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 7247 INVERNESS STREET, Vancouver BC V5X 4G7 is Qawsain Knowledge House with School's rating No Rating, located 1.07 km from this home.

The closest to this address 7247 INVERNESS STREET, Vancouver BC V5X 4G7 Secondary independent school is Vancouver Formosa Academy with School's rating No Rating, located 2.99 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 7247 INVERNESS STREET, Vancouver BC V5X 4G7, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2899593 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 7247 INVERNESS STREET, Vancouver BC V5X 4G7 are Above Average. Property misconduct rating adjacent to MLS® R2899593 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Southbound Knight St @ E 57 Ave in 0.23 km away from this listing with - MLS® R2899593.

18.3% of people with university certificate/degree live in this neighbourhood adjacent to the 7247 INVERNESS STREET, Vancouver BC V5X 4G7 which is Average in comparison with other BC neighbourhoods. 24.6% of population in this neighbourhood that is near the Listing MLS® R2899593 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 7247 INVERNESS STREET, Vancouver BC V5X 4G7, Vancouver, BC is $63872 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2899593 is $24149 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 52.7% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2899593 is 4.8 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 7247 INVERNESS STREET, Vancouver BC V5X 4G7 where population change between 2011 and 2016 was 0.7%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 7247 INVERNESS STREET, Vancouver BC V5X 4G7, Vancouver, BC is 7983.7 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 7247 INVERNESS STREET, Vancouver BC V5X 4G7 is 3.1. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2899593 is 75.2% and it is High. % of Married or living common law is around 53.7% and it is Below Average.

Average age of the population close to the 7247 INVERNESS STREET, Vancouver BC V5X 4G7 is 40.3 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 7247 INVERNESS STREET, Vancouver BC V5X 4G7, Vancouver, BC is $1480765 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 7247 INVERNESS STREET, Vancouver BC V5X 4G7. $1669 owners spent in average for the dwelling. Tenants are paying $1022 in this district close to MLS® R2899593 and it is Average comparing to other cities.

45% of Population in this district near the 7247 INVERNESS STREET, Vancouver BC V5X 4G7 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 7247 INVERNESS STREET, Vancouver BC V5X 4G7, Vancouver, BC is 3.3%, it is Low, % of English speakers only is 87.2% and Below Average. % of French speakers adjacent to 7247 INVERNESS STREET, Vancouver BC V5X 4G7 only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 7247 INVERNESS STREET, Vancouver BC V5X 4G7, Vancouver, BC is 9.3% and it is High comparing to other BC cities.

31.2% of all population in the area around this property with the address 7247 INVERNESS STREET, Vancouver BC V5X 4G7, Vancouver, BC using Public Transport which is High, 63.2% of using population are using Cars around MLS® R2899593, which is Low. 1.8% of people using Bicycles around the 7247 INVERNESS STREET, Vancouver BC V5X 4G7 and it is Above Average. 2.5% of population are walking which is Below Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,950,000
Vancouver $1,938,129
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
778-918-5990
Call or Text Now!
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