NEW
Rarely available 60-foot frontage on a quiet street! This 60.8 x 108.5 ft (6,580 sq ft) lot offers outstanding potential under Vancouver’s new R1 zoning, allowing for duplex or multiplex development. An ideal canvas for builders and investors. Located in one of Vancouver’s most walkable, family-friendly pockets: a short walk to Lord Selkirk Elementary and Gladstone Secondary, close to Trout Lake, and shopping on Victoria Drive, enjoy a variety of local cafés, groceries, and shopping. Excellent transit access and bike routes nearby.
General Info
Property Metrics
Additional Details
Heating & Cooling
Utilities
Parking
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Basement Level | Bedroom | 10' x 10' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | 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
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Welcome to 4868 Commercial Street, a vibrant neighborhood in Vancouver, BC
As we walk through the charming streets of Commercial Street, you'll notice a strong sense of community. Our featured property, located at 4868 Commercial Street, Vancouver, BC, MLS® R3067335, is surrounded by excellent schools, safe neighborhoods, and convenient amenities.
Education
Let's start with the schools. Lord Selkirk Elementary School is just a 0.99 km walk from our property, and Gladstone Secondary School is a short 0.98 km drive away. Both schools have No Rating, but we encourage you to visit them to get a sense of their unique learning environments. For families who prefer independent schools, St. Joseph's School is a 1.71 km drive away, boasting a rating of 8/10. Vancouver Formosa Academy, a secondary independent school, is also nearby, with a No Rating and a 1.73 km distance.
Safety and Crime Rates
According to the latest statistics from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. There were 52,217 violations in this area, and the year-by-year change in the total crime rate is -14.94%. For drug-related crimes, the rate is Average, with 229.49 incidents per 100,000 population. Property crimes in the area are Above Average, with 5,020.27 incidents per 100,000 population. Violent crimes are Below Average, with 1,311.69 incidents per 100,000 population.
Demographics and Lifestyle
The neighborhood surrounding 4868 Commercial Street, Vancouver, BC, has a diverse population. According to the latest census data, 19.7% of residents have a university certificate or degree, which is Average compared to other BC neighborhoods. However, 29% of the population has no certificate or degree, which is High compared to the average in BC. The median household income in the area is $64,128, which is Average compared to the British Columbia average. The median personal income is $23,930, which is Low compared to the BC average.
Transit and Commuting
Convenience is key in this neighborhood. The closest bus station is Northbound Victoria Dr @ E 33 Ave, just 0.19 km away from our property. With a 6.3% unemployment rate, which is Below Average compared to other provinces, you'll find plenty of opportunities for employment. The average commute time is relatively short, making it an attractive option for professionals and families alike.
Housing and Real Estate
The average value of dwellings in this neighborhood is $1,227,296, which is High compared to other areas in British Columbia. With 43% of the population renting, which is Above Average compared to other BC cities and areas, you'll find a mix of homeowners and renters in the community. The average owner payments are Above Average, with $1,338 spent on average for dwellings. Tenants are paying $1,091 in this district, which is Above Average compared to other cities.
Language and Transportation
The community surrounding 4868 Commercial Street, Vancouver, BC, has a diverse language profile. While 77.7% of the population speaks only English, which is Below Average, 17.6% of residents speak neither English nor French, which is High compared to other BC cities. In terms of transportation, 35.1% of the population uses public transport, which is High, while 57.8% uses cars, which is Low. 2.7% of residents use bicycles, which is Above Average, and 3.7% walk, which is Average.
Experience the Best of Vancouver
With its excellent schools, safe neighborhoods, and convenient amenities, 4868 Commercial Street, Vancouver, BC, MLS® R3067335, is an ideal location for families, professionals, and individuals looking for a vibrant community. Come experience the best of Vancouver with us!
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