302 1296 W 70th Ave, Vancouver, BC, MLS® R2950945

$720,300
Est. Mortgage /mo

8.7% price reduce

$720,300
$788,535
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
1 Beds
1 Baths
1 Stories
$ 0 Maint. Fee
676 sqft
1983 built
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Map
Street view
Schools
Crime
Commute
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302 1296 W 70th Ave, Vancouver, BC | MLS® R2950945 Property Details

8.7% price reduce

**Builder/Developer Alert** This is rarely offered 14-unit strata building, strategically located in the vibrant heart of Marpole. Situated on the corner of 70th and Hudson. Boasting a prime position within the recently implemented Marpole Community Plan, this property holds immense potential for redevelopment (6storey 2.5FSR) and increased density based on the RM-3A zoning (please refer to MCP). Minutes to Highway 91, YVR airport, and Downtown Vancouver.

General Info

Price $720,300
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 676
Lot Size 9430
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1983
Age Of Building 42
Building Type Other
Property Type Residential Income
Stories 1
Building Features BuildingFeatures
Structures Multi Family

Additional Details

MLS® # R2950945
Area Vancouver West
Neighbourhood Marpole
City Vancouver
Gross Taxes $1,418.5
Ownership Type Freehold Strata
Maintenance Fee 0
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Electric

Utilities

Utility Type Electricity Connected
Water (WaterSource) Public

Parking

Parking Type Garage Under Building
Total Parking Spaces -

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Strata Restrictions Rentals Allwd w/Restrctns
Rental Restrictions -
Zoning RM-3
Rental Suites -
Laundry Common Area
# of Kitchens 1
Foundation Concrete Perimeter
Interior Features Elevator
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony

Property History

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Status Date Price
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Listed by: Initia Real Estate & Initia Real Estate

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
Sir Winston Churchill Secondary School
1.49 km
Elementary
David Lloyd George Elementary School
Average
0.27 km
6.2/10
Elementary
David Lloyd George Elementary School
0.27 km

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

Private Schools

Elementary
St. Anthony of Padua
0.47 km
Secondary
Royal Canadian College
1.12 km

Closest Transit

Bus Stop
Southbound Hudson St @ W 70 Ave
0.04 km
Skytrain
Skytrain @ Marine Drive Stn
1.26 km

Noise/ Power Lines

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

Other

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

As we walk through the charming neighborhood of Marpole in Vancouver, BC, I'd like to introduce you to the beautiful property at 302 1296 W 70th Avenue, with its listing MLS® R2950945.

This family-friendly home is conveniently located near some of the best schools in the area. One of the closest elementary schools is David Lloyd George Elementary, which is just a short 0.27 km away from this lovely property. With a rating of 6.2/10, families love this school for its welcoming environment and dedicated teachers. Your kids will thrive in this community, where everyone looks out for one another.

In addition to David Lloyd George Elementary, this home is also serviced by Sir Winston Churchill Secondary School, which is approximately 1.49 km away. This school is known for its strong academics and extracurricular programs, making it an excellent choice for students of all ages.

For parents who prefer independent schools, St. Anthony of Padua is the closest elementary independent school to this property, located just 0.47 km away. With a rating of 8.7/10, this school is highly regarded for its commitment to providing a well-rounded education.

As we take a stroll through the neighborhood, you'll notice that Marpole is a safe and welcoming community, with a crime rate that's considered Average compared to other Canadian cities. According to Statistics Canada's 2020 report, there were 52,217 volation disturbances in this neighborhood, with an overall crime rate of 7,470.82 per 100,000 population. This is a reassuring fact for families who want to feel secure in their community.

The property crimes in this neighborhood are considered Above Average, with a rating of 5,020.27. However, it's worth noting that the violent crime rate is Below Average, with 1,311.69 incidents per 100,000 population in 2020. This is a testament to the strong sense of community and respect for law and order in Marpole.

Now, let's talk about the amenities that make this neighborhood so appealing. The closest bus station is Southbound Hudson St @ W 70 Ave, which is just 0.04 km away from this property. This makes it easy to get around the city without a car.

The demographics of this neighborhood are also worth noting. With a population of 32.2% holding a university certificate or degree, this neighborhood is above average in terms of education. Additionally, 8.3% of the population has no certificate or degree, which is lower compared to the average in BC.

In terms of income, the median household income in this neighborhood is $44,160, which is lower compared to the British Columbia average. However, the median personal income is $29,376, which is also lower compared to the BC average.

The unemployment rate in this area is 6.5%, which is below average compared to other province neighborhoods. This suggests that there are plenty of job opportunities available in Marpole.

As we continue our walk through the neighborhood, you'll notice that the population is growing, with a population change of 1.3% between 2011 and 2016. This is an average growth rate compared to this region.

The population density per square kilometre in this community is 5,300.1, which is high compared to other areas. However, the average size of families in this neighborhood is 2.6, which is lower compared to the whole region.

The average age of the population in this area is 41, which is average compared to other BC cities. The percent of families with children in this neighborhood is 53.2%, which is below average. However, the percent of married or living common law is around 40.5%, which is also lower compared to other areas.

Finally, let's talk about the real estate context of this neighborhood. The average value of dwellings in this area is $467,625, which is above average compared to other areas in British Columbia. The average owner payments are below average in this area, with owners spending $1,110 on average for their dwellings. Tenants are paying $994 in this district, which is average compared to other cities.

As you can see, 302 1296 W 70th Avenue is a fantastic property in a wonderful neighborhood. With its proximity to top-rated schools, safe community, and convenient access to public transportation, this home is an excellent choice for families and individuals alike. I highly recommend scheduling a viewing to see this property for yourself.

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 $720,300
Vancouver $775,087
Marpole $775,087
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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