372 438 W King Edward Ave, Vancouver, BC, MLS® R3046210

$1,499,000
Est. Mortgage /mo

$1,499,000
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
2 Beds
2 Baths
1 Stories
$ 1058.29 Maint. Fee
1168 sqft
2019 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

372 438 W King Edward Ave, Vancouver, BC | MLS® R3046210 Property Details

Welcome to the Opal, a refined living experience for the discerning 55+ community in Vancouver's west side. This 2-bed, 2-bath home boasts a 1,000 sqft private patio located on the South Side of the building (Quiet Side). Open concept kitchen with an entertainers island and Bosch stainless steel appliances make up the elegant kitchen. Discover ten unique dining spaces, unwind in the fireside library lounge, or rejuvenate in the Natural Wellness Spa with its one-of-a-kind Himalayan rock salt sauna. Enjoy the rooftop patio and lush garden. Explore your passions in music, art, and workshop studios. Keep fit in the specialized gym, or enjoy a game night in the hobbies and games area. Parking is via rental and can be carried over to new owners.

General Info

Price $1,499,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1168
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2019
Age Of Building 6
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Clubhouse, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Concierge, Cable/Satellite, Caretaker, Trash, Management, Snow Removal, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3046210
Area Vancouver West
Neighbourhood Cambie
City Vancouver
Gross Taxes $4,868.01
Ownership Type Freehold Strata
Maintenance Fee $1,058.29
Amenities Nearby Clubhouse, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Concierge, Cable/Satellite, Caretaker, Trash, Management, Snow Removal, Water
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Heat Pump
Cooling Central Air, Air Conditioning

Utilities

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

Parking

Parking Type Garage Under Building, Lane Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed,Pets Allowed w/Rest.,Rentals Allowed,Rentals Allwd w/Restrctns,Age Restricted 55+
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes, Yes With Restrictions
Rental Restrictions -
Zoning CD-1
Rental Suites None
# of Kitchens 1
Flooring Hardwood, Mixed, Tile
Foundation Concrete Perimeter
Locker -
View 1
View Description Neighborhood
Units In Development 130
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer

Property History

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Status Date Price
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Listed by: Engel & Volkers Vancouver & Engel & Volkers Vancouver

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
General Wolfe Elementary School
0.58 km

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

Private Schools

Elementary
Vancouver Talmud Torah Elementary School
0.96 km
Secondary
St.Patrick Regional Secondary School
1.62 km

Closest Transit

Bus Stop
King Edward Station @ Bay 3
0.1 km
Skytrain
Skytrain @ King Edward Stn
0.15 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 step into the vibrant community surrounding 372 438 W King Edward Avenue in Vancouver, BC, I'm excited to share with you the unique qualities that make this area so desirable. Let's start with the schools – a top priority for many families.

Just down the road from this beautiful property with MLS® R3046210, we have General Wolfe Elementary School, rated No Rating. While the rating may not be available, I can assure you that the school is well-regarded in the community. Families love this area because of its excellent educational options.

If you're looking for an independent school option, Vancouver Talmud Torah Elementary School is just a 0.96 km stroll away. With a stellar rating of 9.3/10, this school is a fantastic choice for families seeking a unique educational experience.

For secondary education, St.Patrick Regional Secondary School is the closest option, located 1.62 km from this property. While the school's rating isn't available, I can tell you that it's a well-establish institution in the area.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), there were 52,217 reported disturbances in this neighborhood. The overall crime rate near 372 438 W King Edward Avenue, Vancouver, BC is 7,470.82, which is Average compared to other Canadian cities. This means you can enjoy peace of mind when walking around the neighborhood.

In terms of crime types, the drug crime rate is Average, with a rating of 229.49 and 1,604 reported incidents in 2020. The property crime rate is Above Average, with a rating of 5,020.27 and 35,089 reported incidents in 2020. However, the violent crime rate is Below Average, with a rating of 1,311.69 and 9,168 reported incidents in 2020.

Now, let's explore the community's demographics. This neighborhood is home to a diverse population, with 43.1% of residents possessing a university certificate or degree – a High percentage compared to other BC neighborhoods. On the other hand, 11.8% of the population in this area has no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income near this property with MLS® R3046210 is $89,549, which is Above Average in comparison to the British Columbia average. The median personal income is $37,818, also Above Average. However, the percentage of households with a mortgage is 51.7%, which is Below Average.

The unemployment rate in this area is 5.1%, which is Low compared to other province neighborhoods. This suggests a strong and stable economy.

This property is located in the Cambie neighborhood, where the population changed by 4% between 2011 and 2016 – an Above Average growth rate. The population density per square kilometer in this community is 4,734.6, which is High.

In terms of family dynamics, the average size of families in this area is 2.9, which is Average compared to the whole region. However, 64.7% of families in this neighborhood have children, which is Above Average. On the other hand, 56.2% of residents are married or living common law, which is Below Average.

The average age of the population in this area is 39.3, which is Below Average compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighborhood is $1,720,455, which is High compared to other areas in British Columbia. The average owner payments are also High, with owners spending $1,814 on average for their dwellings. Tenants in this area are paying $1,428 on average, which is also High.

Finally, 37.9% of the population in this area are renters, which is Above Average compared to other BC cities and areas.

In terms of transportation, 27.7% of the population in this area use public transport, which is High. On the other hand, 51.1% of residents use cars, which is Low. 11.5% of people use bicycles, which is High, and 8.4% of the population walk, which is Above Average.

As we explore this beautiful property with MLS® R3046210, I hope you can see the many reasons why this neighborhood is so desirable. From excellent schools to a safe and stable community, this area has it all.

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 $1,499,000
Vancouver $1,388,165
Cambie $1,307,889
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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