4561 Nanaimo St, Vancouver, BC, MLS® R3050296

$1,798,000
Est. Mortgage /mo

101.2% cheaper than comparables

$1,798,000
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
5 Beds
2 Baths
2 Stories
lot 5100 sqft
2205 sqft
1950 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

4561 Nanaimo St, Vancouver, BC | MLS® R3050296 Property Details

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

Price $1,798,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2205
Lot Size 5100
Lot Size Depth Feet
Lot Size Frontage 50
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1950
Age Of Building 75
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® # R3050296
Area Vancouver East
Neighbourhood Victoria VE
City Vancouver
Gross Taxes $8,251.8
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Additional Parking
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RT-11N
Rental Suites Legal Suite
# of Kitchens 2
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer
Roof Tile

Property History

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Status Date Price
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Listed by: RE/MAX Crest Realty & Macdonald 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
John Norquay Elementary School
Average
0.44 km
6.6/10
Secondary
Gladstone Secondary School
0.64 km

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

Private Schools

Elementary
Westside Montessori Academy
1.5 km
Secondary
Vancouver Formosa Academy
1.34 km

Closest Transit

Bus Stop
Southbound Nanaimo St @ Brock St
0.02 km
Skytrain
Skytrain @ Nanaimo Stn
0.53 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

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.

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 $1,798,000
Vancouver $2,491,322
Victoria VE $1,957,000
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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