25.8% price reduction
Prime Development & Investment Opportunity in Vancouver West! This well-maintained 61' x 101' corner lot on Blenheim & 40th offers incredible potential. The home features a 1-bed legal suite upstairs (easily convertible back to 3 beds), plus 2 beds & 1 bath on the main, with a 7-ft undeveloped basement. A sun-filled, private oasis awaits with a huge entertaining deck off the kitchen & dining room. Steps to Crofton House, St. George’s, Kerrisdale Elem, Point Grey & UBC. Currently tenanted, this is perfect for living, renting, or developing. Located off an arterial road, the City may consider rezoning for up to 4-storey apartments, townhouses, or a multiplex. Don't miss this rare opportunity! (pictures were taken in 2022 before tenant moved in)
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 6'5 x 6'5 ft |
| Main Level | Living Room | 15'5 x 15'5 ft |
| Main Level | Kitchen | 10'9 x 10'9 ft |
| Main Level | Dining Room | 14'6 x 14'6 ft |
| Main Level | Primary Bedroom | 15'2 x 15'2 ft |
| Main Level | Bedroom | 12'7 x 12'7 ft |
| Above Level | Living Room | 15'11 x 15'11 ft |
| Above Level | Kitchen | 8'1 x 8'1 ft |
| Above Level | Bedroom | 13'4 x 13'4 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Above Level | No | #4 |
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 5631 Blenheim Street, a Beautiful Home in the Heart of Vancouver, BC
As we step into this stunning property, located in the desirable Dunbar neighborhood, you'll be surrounded by the best of Vancouver's amenities and attractions. With its prime location, this home with MLS number R2972858 is the perfect blend of comfort, convenience, and community spirit.
Excellent Schools in the Area
Let's start with the most important aspect of any neighborhood - the schools. Kerrisdale Elementary School, with a rating of 7.6/10, is just 0.34 km away from this property, making it an ideal choice for families. Additionally, Point Grey Secondary School is located 1.92 km from this home, offering a range of educational opportunities for students of all ages. And for those seeking a more specialized education, Crofton House, an independent school with No Rating, is just 0.19 km away.
A Safe and Secure Community
The statistics are clear: 52,217 incidents of disturbance in this neighborhood, with an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. This translates to a safe and secure environment for residents, including families with children. In fact, the drug crime rate is also Average, with 1,604 incidents reported in 2020. Property crimes are slightly higher, at 35,089 incidents, but still Above Average. Violent crimes are below the average, with 9,168 incidents reported in 2020.
Convenient Access to Public Transportation
Getting around Vancouver is easy, thanks to the proximity of public transportation. The Westbound W 41 Ave @ Blenheim St bus station is just 0.07 km away, making it a convenient option for commuters.
A Community that Values Education
This neighborhood is home to a highly educated population, with 56% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. In fact, 8% of the population has no certificate or degree, which is Low compared to the average in BC.
A Thriving Community with a Strong Economy
The median household income in this neighborhood is $116,395, which is High compared to the British Columbia average. The median personal income is also $42,317, which is High compared to the BC average. The unemployment rate is 6.6%, which is Below Average compared to other province neighborhoods.
A Community that's Growing and Diverse
The population change between 2011 and 2016 was -2.8%, which is Below Average compared to average growth rate of this region. The population density per square kilometer is 3,399.5, which is Above Average. The average size of families in this area is 3.1, which is Above Average. The percent of families with children is 68.8%, which is Above Average. The average age of the population is 40.8, which is Average compared to other BC cities.
A Home that's a Great Investment
The average value of dwellings in this neighborhood is $3,294,287, which is High compared to other areas in British Columbia. The average owner payments are High, with $2,457 spent on average for the dwelling. Tenants are paying $1,822 in this district, which is also High compared to other cities.
A Community that's Friendly and Welcoming
The percent of English and French speakers in this neighborhood is 13.1%, which is Above Average. The percent of English speakers only is 81.2%, which is Below Average. The percent of neither English nor French speakers is 5.7%, which is High compared to other BC cities.
Easy Access to Amenities and Attractions
This home is located in a prime area, with easy access to parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. In fact, 18.3% of the population in this area uses public transport, which is Above Average. 69.3% of the population uses cars, which is Below Average. 6% of people use bicycles, which is High. 4% of the population walks, which is Average.
Experience the Best of Vancouver at 5631 Blenheim Street, MLS® R2972858
If you're looking for a home that offers the best of Vancouver, look no further than 5631 Blenheim Street. With its excellent schools, safe and secure community, convenient access to public transportation, thriving community with a strong economy, and easy access to amenities and attractions, this home is the perfect choice for anyone looking to live in the heart of Vancouver, BC.
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