2488 Semlin Dr, Vancouver, BC, MLS® R3068570

$2,700,000
Est. Mortgage /mo

$2,700,000
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
3 Beds
0 Baths
2 Stories
lot 2013 sqft
1512 sqft
2011 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

2488 Semlin Dr, Vancouver, BC | MLS® R3068570 Property Details

DEVELOPERS/BUILDERS ALERT! Prime 4-lot land assembly totaling approx. 132’ x 122’, located less than 200 meters from the Commercial–Broadway SkyTrain Station. This exceptional, transit-oriented site is ideal for mixed-use commercial and residential redevelopment, supported by current city policy encouraging increased density near major transit hubs. Positioned in the heart of the lively Commercial Drive neighbourhood, the properties offer unbeatable walkability to shops, services, restaurants, parks, and rapid transit. A rare opportunity for developers to secure a consolidated site in one of Vancouver’s most dynamic and high-demand urban centers.

General Info

Price $2,700,000
Total Bedrooms 3
Total Bathrooms 0
Half Bathrooms 0
Floor Area Total (sqft) 1512
Lot Size 2013
Lot Size Depth Feet
Lot Size Frontage 33
Basement Crawl Space
Basement Features BasementFeatures

Property Metrics

Year Built 2011
Age Of Building 14
Building Type Half Duplex
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Duplex, Residential Attached

Additional Details

MLS® # R3068570
Area Vancouver East
Neighbourhood Grandview Woodland
City Vancouver
Gross Taxes $6,223.65
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 0
Heating Type Forced Air

Utilities

Utility Type Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Double, Rear Access
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning RT5-N
Rental Suites Legal Suite
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: LeHomes Realty Premier

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
Laura Secord Elementary School
Average
0.19 km
6.4/10
Secondary
Vancouver Technical Secondary School
7.33 km

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

Private Schools

Elementary, Secondary
Stratford Hall School
0.71 km
Elementary, Secondary
Stratford Hall School
0.71 km

Closest Transit

Bus Stop
Westbound E Broadway @ Semlin Dr
0.05 km
Skytrain
Skytrain @ Commercial-Broadway Stn
0.40 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Possible
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 2488 Semlin Drive, a Beautiful Gem in Vancouver's Grandview Woodland Neighborhood

As we step into this stunning property, located at 2488 Semlin Drive, Vancouver, BC, I'm excited to share with you the many reasons why this home will be your dream come true. With its prime location, excellent schools, and a plethora of lifestyle amenities, this property is truly a gem in the heart of Grandview Woodland.

Exceptional Schools

Let's start with the schools. Our home is serviced by the highly-rated Laura Secord Elementary School, with a rating of 6.4/10. This school is just a short 0.19 km away, making it an ideal choice for families. Plus, Vancouver Technical Secondary School is also nearby, located 7.33 km from this home. And if you're looking for a private school option, Stratford Hall School is just a 0.71 km away, with an impressive rating of 8.7/10.

Safe and Secure Neighborhood

When it comes to safety, we're pleased to report that this neighborhood has an average crime rate compared to other Canadian cities. According to Statistics Canada's 2020 report, there were 52,217 disturbances in this neighborhood, with a crime rate of 7,470.82. While there were some incidents, the overall rate is considered average. Additionally, the illegal substances offenses rating is average, and property crimes are above average. However, violent crime rates are below average.

Convenient Location

Now, let's talk about convenience. This home is perfectly situated near public transportation, with the Westbound E Broadway @ Semlin Dr bus station just a 0.05 km away. And if you prefer to drive, major highways are easily accessible.

Community and Lifestyle

So, what's it like to live in this neighborhood? Well, 38% of residents have a university certificate or degree, which is high compared to other BC neighborhoods. And with a median household income of $78,746, this area is above average in comparison to the BC average. Plus, the median personal income is $34,336, which is average. As for homeownership, 48.3% of households have a mortgage, which is below average. However, the unemployment rate is low at 4.8%.

Demographics and Growth

Let's take a look at the population growth in this area. Between 2011 and 2016, the population change was 2.1%, which is average compared to other regions. And with a population density of 6,226.3 people per square kilometer, this area is considered high-density.

Family-Friendly

This neighborhood is perfect for families, with an average family size of 2.9, which is average. Plus, 62.7% of families have children, making it an ideal choice for those with young ones. And with a low average age of 40.2, this area is considered below average in comparison to other BC cities.

Real Estate Context

Now, let's talk about the real estate market. The average value of dwellings in this neighborhood is $1,303,033, which is high compared to other areas in British Columbia. And with average owner payments of $1,625, this area is considered high. Tenants are paying $1,233, which is also above average.

Transportation and Commuting

So, how do people get around in this area? Well, 30.3% of the population uses public transportation, which is high. 51.6% use cars, which is low. And 12.4% use bicycles, which is high. Finally, 4.3% of the population walks, which is average.

In conclusion

In conclusion, 2488 Semlin Drive is a stunning property that offers the perfect blend of location, schools, and lifestyle amenities. With its average crime rate, convenient location, and high-density population, this neighborhood is an ideal choice for families and professionals alike. So, if you're looking for a home that has it all, look no further than 2488 Semlin Drive, Vancouver, BC, MLS® R3068570.

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 $2,700,000
Vancouver $2,700,000
Grandview Woodland $2,700,000
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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