Developer & Investor Alert – Land Assembly Potential. Perched on a gentle hill in Quilchena, this 8,976 sq. ft. lot offers the kind of west side views and elevation that rarely come to market. Located along Arbutus Street, the property sits on a lush, tree-lined corridor known for its beautifully maintained homes, gardens, and proximity to parks. This is a neighbourhood that offers the best of Vancouver’s west side—quiet charm, excellent access to schools and transit, and strong fundamentals for redevelopment. With the city’s continued push for densification, this site holds potential for 4–6 storey rental or townhouse development, subject to City approval.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 19'6 x 19'6 ft |
| Main Level | Kitchen | 10'7 x 10'7 ft |
| Main Level | Dining Room | 13'8 x 13'8 ft |
| Main Level | Eating Area | 8'4 x 8'4 ft |
| Main Level | Bedroom | 12'6 x 12'6 ft |
| Main Level | Foyer | 8' x 8' ft |
| Above Level | Primary Bedroom | 14' x 14' ft |
| Above Level | Primary Bedroom | 18' x 18' ft |
| Below | Kitchen | 13'5 x 13'5 ft |
| Below | Office | 9'8 x 9'8 ft |
| Below | Bedroom | 9'8 x 9'8 ft |
| Below | Bedroom | 10' x 10' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Above 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.
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Welcome to 4938 Arbutus Street, Vancouver, BC - MLS® R3003809: A Charming Neighborhood with Exceptional Amenities
As we step into the vibrant community surrounding 4938 Arbutus Street, we're greeted by a blend of established families and young professionals, all drawn to the area's unique charm and excellent schools. Let's take a closer look at the educational institutions that make this neighborhood so desirable.
Top-Rated Schools in the Area
Quilchena Elementary School, located just 0.47 km from 4938 Arbutus Street, boasts a rating of 6.1/10, making it a popular choice among families. Point Grey Secondary School, another highly-regarded institution, is situated 0.48 km away, offering students an excellent education in a supportive environment. For those seeking an independent education, York House School (Rating: 10/10) is just a 1.19 km stroll away, while Little Flower Academy (No Rating) is a 1.08 km walk, providing students with a unique and enriching learning experience.
Safe and Secure Community
According to Statistics Canada's 2020 report, the area surrounding 4938 Arbutus Street, Vancouver, BC has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. With a low rate of 52,217 disturbances in 2020, this neighborhood offers a sense of peace and security that's hard to find in urban areas. Additionally, the rate of drug-related crimes is Average, with a rating of 229.49, and a year-over-year change of 1.58%. Property crimes are also relatively low, with a rating of 5,020.27 and a year-over-year change of -20.80%.
Proximity to Public Transit and Amenities
The convenience of public transportation is just a short walk away, with the Northbound Arbutus St @ Quilchena Cres bus station located 0.06 km from 4938 Arbutus Street. This makes it easy to commute to work, school, or explore the city's many attractions. The area is also close to several parks, beaches, and shopping centers, offering a range of lifestyle amenities that cater to diverse interests.
Demographics and Lifestyle
The demographics of the area surrounding 4938 Arbutus Street, Vancouver, BC are characterized by a high percentage of university-educated individuals (49.4%), making it an attractive choice for professionals and families. The median household income is $67,456, which is Average compared to other BC neighborhoods. However, the median personal income is $29,376, which is Below Average. The area also boasts a low unemployment rate of 4.8%, making it an excellent choice for those seeking employment opportunities.
Real Estate Context
The average value of dwellings in the area surrounding 4938 Arbutus Street, Vancouver, BC is $2,519,643, which is High compared to other areas in British Columbia. The average owner payments are also High, with $2,247 spent on average per dwelling. Tenants are paying $1,870, which is also High compared to other cities. With 32.5% of the population renting, this is Above Average compared to other BC cities and areas.
Conclusion
In conclusion, 4938 Arbutus Street, Vancouver, BC (MLS® R3003809) is a stunning property that offers a unique blend of excellent schools, safe and secure community, convenience to public transportation, and a range of lifestyle amenities. Whether you're a family seeking a supportive and educational environment or a professional looking for a comfortable and convenient lifestyle, this property has something for everyone.
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