1505 W 62nd Ave, Vancouver, BC, MLS® R2994420

$4,100,000
Est. Mortgage /mo

Below Assessment Value

$4,100,000
$3,699,000
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
8 Beds
5 Baths
2 Stories
lot 5498 sqft
3297 sqft
2005 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Below Assessment Value

Priced below assessment $4,102,000. Prestigious South Granville Area! This custom-built 3-level home offers 8 bedrooms , 5 bathrooms , and brand-new appliances , blending modern comfort with style . Situated on a bright corner lot with RM-8N zoning , no rezoning is needed for potential multi-family development, adding significant future value. The basement suite, featuring its own separate entrance and kitchen, generates excellent rental income , making this an even more attractive investment. Located steps from restaurants , shopping, and transit , and within the McKechnie Elementary and Magee Secondary catchment, with top private schools nearby. Easy access to Oakridge Centre, Richmond, and Downtown Vancouver . Ideal as a family home or investment/holding property. Don' t miss out!

General Info

Price $4,100,000
Total Bedrooms 8
Total Bathrooms 5
Half Bathrooms 0
Floor Area Total (sqft) 3297
Lot Size 5498
Lot Size Depth Feet
Lot Size Frontage 53.8
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 2005
Age Of Building 20
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 # R2994420
Area Vancouver West
Neighbourhood South Granville
City Vancouver
Gross Taxes $15,282.4
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 0
Heating Type Natural Gas, 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 Garage Triple, Lane Access, Asphalt, Garage Door Opener
Total Parking Spaces 3

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Strata Restrictions -
Rental Restrictions -
Zoning RM-8N
Rental Suites Unauthorized Suite
# of Kitchens 3
Flooring Hardwood, Mixed, Tile
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Concrete

Property History

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Status Date Price
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Listed by: Royal Pacific Riverside 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

Elementary
Dr. R. E. McKechnie Elementary School
0.93 km
No Rating
Elementary
Dr. R. E. McKechnie Elementary School
0.93 km
No Rating
Secondary
Magee Secondary School
1.74 km
No Rating

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

Private Schools

Elementary
Vancouver Hebrew Academy
0.06 km
No Rating
Secondary
Royal Canadian College
1.81 km
No Rating

Closest Transit

Translink
Northbound Granville St @ W 62 Ave
0.04 km

1505 W 62nd Avenue is serviced by Dr. R. E. McKechnie Elementary School. The property with listing MLS® R2994420 is located 0.93 km from the school. Dr. R. E. McKechnie Elementary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 1505 W 62nd Avenue is Vancouver Hebrew Academy with School's rating No Rating, located 0.06 km from this home.

The closest to this address 1505 W 62nd Avenue Secondary independent school is Royal Canadian College with School's rating No Rating, located 1.81 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 - 1505 W 62nd Avenue, 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® R2994420 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 1505 W 62nd Avenue are Above Average. Property misconduct rating adjacent to MLS® R2994420 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 Northbound Granville St @ W 62 Ave in 0.04 km away from this listing with - MLS® R2994420.

45.7% of people with university certificate/degree live in this neighbourhood adjacent to the 1505 W 62nd Avenue which is High in comparison with other BC neighbourhoods. 9.2% of population in this neighbourhood that is near the Listing MLS® R2994420 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 1505 W 62nd Avenue, Vancouver, BC is $73280 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2994420 is $31472 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 47% which is Low.

Unemployment rate in the area around Real Estate Listing # R2994420 is 7.2 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 1505 W 62nd Avenue South Granville where population change between 2011 and 2016 was 7.5%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 1505 W 62nd Avenue, Vancouver, BC is 2070.1 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 1505 W 62nd Avenue is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2994420 is 68.1% and it is Above Average. % of Married or living common law is around 57.3% and it is Average.

Average age of the population close to the 1505 W 62nd Avenue is 42.1 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 1505 W 62nd Avenue, Vancouver, BC is $2249469 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 1505 W 62nd Avenue. $1935 owners spent in average for the dwelling. Tenants are paying $1302 in this district close to MLS® R2994420 and it is Above Average comparing to other cities.

34.3% of Population in this district near the 1505 W 62nd Avenue are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 1505 W 62nd Avenue, Vancouver, BC is 7.3%, it is Average, % of English speakers only is 85.6% and Below Average. % of Neither English nor French speakers close to home for sale 1505 W 62nd Avenue, Vancouver, BC is 7.1% and it is High comparing to other BC cities.

27.2% of all population in the area around this property with the address 1505 W 62nd Avenue, Vancouver, BC using Public Transport which is High, 65.1% of using population are using Cars around MLS® R2994420, which is Low. 2.7% of people using Bicycles around the 1505 W 62nd Avenue and it is Above Average. 4.5% of population are walking which is Average

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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 $4,100,000
Vancouver No comparables
South Granville 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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