101.2% cheaper than comparables
Spacious 5-Bedroom Bungalow on Generous Lot–a Rare Gem! With a legal 1-bedroom garden suite perfect for rental income. Bright upper 3-bedroom suite with park views, classic layout, wood floors and a sunny backyard for gardening or play. A valuable opportunity for families upsizing, investors, or developers. Recent updates include double glazed windows, roof, hot water tank & fire sprinkler system. This larger 50'x102' (5100 sq’) lot with back lane access can accommodate a laneway home in this prime East Vancouver location. Great amenities nearby and steps to parks, schools, restaurants, groceries, banking, and transit. Excellent long-term hold or development site, currently zoned for Duplex or coach house potential, inside TOD Tier 3 for future development upside! Buyer to verify with COV
General Info
Property Metrics
Additional Details
Heating & Cooling
Utilities
Parking
🔒 Join or Sign In • Real estate boards need a verified account to see Property data
Property History
🔒 Join or Sign In • Real estate boards need a verified account to see Property data
| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Bedroom | 21'0 x 21'0 ft |
| Main Level | Living Room | 16'0 x 16'0 ft |
| Main Level | Primary Bedroom | 13'0 x 13'0 ft |
| Main Level | Bedroom | 13'7 x 13'7 ft |
| Main Level | Kitchen | 12'0 x 12'0 ft |
| Main Level | Foyer | 6'10 x 6'10 ft |
| Below | Kitchen | 8'9 x 8'9 ft |
| Below | Living Room | 15'9 x 15'9 ft |
| Below | Bedroom | 14'7 x 14'7 ft |
| Below | Laundry | 13'6 x 13'6 ft |
| Below | Bedroom | 16'0 x 16'0 ft |
| Below | Storage | 9'1 x 9'1 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Below | No | #3 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Noise/ Power Lines
Other
Welcome to 4561 Nanaimo Street, Vancouver, BC
As we step into the vibrant neighborhood of 4561 Nanaimo Street, Vancouver, BC, you'll discover a community that boasts a perfect blend of urban amenities and natural beauty. This stunning property, listed as MLS® R3050296, is nestled in a sought-after location that offers easy access to some of the city's best schools, parks, and attractions.
Education
Let's start with the schools, shall we? The property is serviced by John Norquay Elementary School, which has a rating of 6.6/10 and is located just 0.44 km away. Families love this area because of its excellent education system, and John Norquay Elementary is a shining example of that. Additionally, Gladstone Secondary School, with a rating of No Rating, is located 0.64 km from the property. For those seeking a private education, Westside Montessori Academy (No Rating) and Vancouver Formosa Academy (No Rating) are also nearby, with distances of 1.5 km and 1.34 km, respectively.
Safety and Crime
According to the latest crime statistics from Statistics Canada (2020), the neighborhood surrounding 4561 Nanaimo Street has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. This means that you can enjoy peace of mind knowing that your community is relatively safe. Additionally, the property crime rate is Above Average, with a rating of 5,020.27, indicating that there have been 35,089 property-related incidents in the area in 2020.
Demographics
The demographics of the area are also fascinating. With 29.7% of residents holding a university certificate or degree, this neighborhood is Above Average in comparison to other BC neighborhoods. However, 21.8% of the population has no certificate or degree, which is also Above Average compared to the average in BC. The median household income is $72,290, which is Average compared to the British Columbia average, while the median personal income is $27,365, which is Below Average.
Transit and Commuting
For those who rely on public transportation, the closest bus station, Southbound Nanaimo St @ Brock St, is just 0.02 km away from the property. With a unemployment rate of 4.9% in the area, which is Low compared to other province neighborhoods, you can rest assured that you'll have access to a stable job market.
Lifestyle Amenities
This vibrant neighborhood offers a wide range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby. The average dwelling value in the area is $1,263,529, which is High compared to other areas in British Columbia. The average owner payments are High, with owners spending $1,625 on average for their dwellings, while tenants pay $1,059, which is Average compared to other cities.
Community Profile
The community surrounding 4561 Nanaimo Street, Vancouver, BC, is a diverse and vibrant one. With 43.1% of the population renting, which is Above Average compared to other BC cities and areas, you'll have access to a wide range of housing options. The average age of the population is 41.1 years old, which is Average in comparison to other BC cities. The average family size is 2.9, which is Average in comparison to the whole region.
Transportation and Commuting
The area surrounding 4561 Nanaimo Street, Vancouver, BC, is well-connected to the rest of the city. With 33.9% of the population using public transport, which is High, 53.3% using cars, which is Low, 7.8% using bicycles, which is High, and 4% walking, which is Average, you'll have plenty of options to get around.
In conclusion, 4561 Nanaimo Street, Vancouver, BC (MLS® R3050296), is a fantastic property that offers a unique blend of urban amenities and natural beauty. With its excellent education system, safe community, and diverse demographics, this property is sure to appeal to a wide range of buyers. Whether you're a first-time homebuyer or a seasoned investor, this property is definitely worth considering.
Price Evaluation Chart
Listing Price Comparision
No comparables
Potential Cashback for this listing if you buy with us
Login to track your cashback progress
Sign up on Estateblock.com
$568 / 5%Use the “Hot Deal” module on our website
$227 / 2%Sign up for our Newsletter
$114 / 1%Create a saved search on Estateblock.com
$227 / 2%Book a Property Showing with us
$227 / 2%Get a mortgage through our recommended broker
$795 / 7%Use our recommended insurance provider
$227 / 2%Use our recommended notary for closing
$227 / 2%Sign an Exclusive Buyer’s Agency Agreement with us
$795 / 7%Share Estateblock.com on social media with a short intro
$341 / 3%Refer a friend who successfully buys or sells with us
$2,841 / 25%Sell your home with us2
$2,841 / 25%Leave a Public Review in Google
$795 / 7%Follow us on Insta or FB and tag us in a post
$341 / 3%Create a short video testimonial after closing
$341 / 3%Leave a Facebook review on our page
$227 / 2%Talk with one of our mortgage brokers
$227 / 2%🔒 Join or Sign In • Real estate boards need a verified account to see photos & sold data