3494 Laurel St, Vancouver, BC, MLS® R3031206

$2,850,000
Est. Mortgage /mo

$2,850,000
$2,998,000
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
6 Beds
3 Baths
2 Stories
lot 4514 sqft
2730 sqft
1986 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

3494 Laurel St, Vancouver, BC | MLS® R3031206 Property Details

Fantastic location 1 block from Douglas Park, and a short walk to Cambie Village and King Edward Canada Line Station. This 2730sf custom built Vancouver Special has been in the same family since new. 3 bedrooms and 2 baths up, and a 3 bedroom suite on the main floor. 37' x 122' (4514 sf) lot and large 2 car garage. The interior is in original condition. Perfect 2 family home, with potential for new Multiplex . Elevator allows mobility impaired access to the top floor. Newer roof, boiler and hot water tank.

General Info

Price $2,850,000
Total Bedrooms 6
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2730
Lot Size 4514
Lot Size Depth Feet
Lot Size Frontage 37
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1986
Age Of Building 39
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® # R3031206
Area Vancouver West
Neighbourhood Cambie
City Vancouver
Gross Taxes $11,382.5
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Radiant

Utilities

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

Parking

Parking Type Garage Double
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning R1-1
Rental Suites Unauthorized Suite
# of Kitchens 2
Foundation Concrete Perimeter
Interior Features Elevator
Locker -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: TRG The Residential Group Realty & TRG The Residential Group 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

Elementary
Emily Carr Elementary School
0.5 km

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

Private Schools

Elementary
Blessed Sacrament School
0.62 km
Elementary, Secondary
York House School
1.26 km

Closest Transit

Bus Stop
Northbound Oak St @ W 20 Ave
0.11 km
Skytrain
Skytrain @ King Edward Stn
0.98 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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

Welcome to 3494 Laurel Street, a beautiful property nestled in the heart of Vancouver, BC, listed as MLS® R3031206.

As we step into this charming community, let's start with the schools that shape the lives of families living here.

Emily Carr Elementary School

, just 0.5 km from 3494 Laurel Street, is a fantastic choice for young minds. Although it doesn't have a rating, we can't deny its convenience and proximity to this lovely home.

But what about other options?

Blessed Sacrament School

, an independent elementary school, boasts an impressive 9.2/10 rating and is only 0.62 km away. And for secondary education,

York House School

stands out with its 10/10 rating, located a short 1.26 km from this property.

Now, let's talk about the safety and security of the area. According to the latest crime data from Statistics Canada (2020), our neighborhood has an average crime rate of 7,470.82 incidents per 100,000 population, which is typical for urban areas like Vancouver. The good news is that the overall crime rate has decreased by 14.94% compared to previous years.

Breaking it down further, we see that

drug crime rates

are average, with a rating of 229.49 and 1,604 incidents in 2020. The

property crime rate

is above average, with a rating of 5,020.27 and 35,089 incidents in 2020. On the other hand,

violent crime rates

are below average, with a rating of 1,311.69 and 9,168 incidents in 2020.

Now, let's explore the lifestyle and demographics of our neighborhood.

Public transportation

is convenient, with the Northbound Oak St @ W 20 Ave bus station just 0.11 km away. Speaking of convenience, 51.4% of residents in this area have a university certificate or degree, which is high compared to other BC neighborhoods. On the other hand, 8.3% of the population has no certificate or degree, which is low compared to the average in BC.

In terms of income, the median household income in this area is $83,861, which is above average compared to the British Columbia average. The median personal income is $43,215, also high compared to the BC average. Interestingly, 52.8% of households in this area have a mortgage, which is below average.

Unemployment rates are also worth noting. With an unemployment rate of 6.7%, this area is below average compared to other province neighborhoods.

As we look at the growth and development of our community, we see that the population change between 2011 and 2016 was 4.4%, which is above average for this region.

Let's talk about family dynamics. The average family size in this area is 2.8, which is below average compared to the whole region. However, 59.5% of families in this area have children, which is average. Additionally, 54.1% of the population is married or living common law, which is below average.

The average age of the population in this area is 40.9 years, which is average compared to other BC cities.

When it comes to real estate, the average value of dwellings in this neighborhood is $1,793,194, which is high compared to other areas in British Columbia. Average owner payments are also high, with owners spending $1,835 on average for their dwellings. Tenants, on the other hand, pay $1,483 on average, which is also high.

Finally, let's look at the language spoken in this area. 42.9% of the population in this district are renters, which is above average compared to other BC cities and areas. English and French speakers make up 14.7% of the population, which is above average. English speakers only account for 82.4% of the population, which is below average. French speakers only account for 0.1% of the population, which is low. Neither English nor French speakers make up 2.9% of the population, which is above average.

In terms of transportation, 29.5% of the population uses public transport, which is high. 45.6% of the population uses cars, which is low. 9.1% of the population uses bicycles, which is high. 14.7% of the population walks, which is also high.

Welcome to 3494 Laurel Street, a beautiful property in the heart of Vancouver, BC, listed as MLS® R3031206.

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 $2,850,000
Vancouver $1,917,375
Cambie 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
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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