4868 Commercial St, Vancouver, BC, MLS® R3067335

$2,149,000
Est. Mortgage /mo

NEW

$2,149,000
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
3 Beds
1 Baths
1 Stories
lot 6575 sqft
1644 sqft
1950 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

4868 Commercial St, Vancouver, BC | MLS® R3067335 Property Details

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

Price $2,149,000
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1644
Lot Size 6575.1
Lot Size Depth Feet
Lot Size Frontage 60.6
Basement Partially Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1950
Age Of Building 75
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 1
Appliances Included Washer/Dryer, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3067335
Area Vancouver East
Neighbourhood Victoria VE
City Vancouver
Gross Taxes $9,016.83
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 1
Heating Type Forced Air, Oil

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Septic Tank
Water (WaterSource) Public

Parking

Parking Type Carport Single, Rear Access
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning R-1
Rental Suites -
# of Kitchens 0
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Septic Tank
Roof Asphalt

Property History

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Status Date Price
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Listed by: Oakwyn Realty Ltd. & Oakwyn Realty Ltd.

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

Secondary
Gladstone Secondary School
0.98 km
Elementary
Lord Selkirk Elementary School
0.99 km
Elementary
Lord Selkirk Annex
0.62 km

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

Private Schools

Elementary
St.Joseph's School
1.71 km
Secondary
Vancouver Formosa Academy
1.73 km

Closest Transit

Bus Stop
Northbound Victoria Dr @ E 33 Ave
0.19 km
Skytrain
Skytrain @ Nanaimo Stn
1.18 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 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!

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 $2,149,000
Vancouver $2,702,333
Victoria VE 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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