7160 Inverness St, Vancouver, BC | MLS^® R3063978 Property Details

Don't Miss this Huge Development Opportunity on this Huge 8199 Square Foot Lot. Quiet Street with lane access in the Heart of South Vancouver. Walking distance to everything. Solid older home needs TLC. H/W floors on the main with 3 bedrooms and 1 bath upstairs and potential for re-finishing downstairs. R1-1 Zoning allows for multiple options to develop a multiple unit Dwelling on the property. 59 Feet of Frontage and 138.98 Feet of Depth allows loads of space for development. Now is the Time !!

General Info

Price $2,650,000

Total Bedrooms 5

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 2420

Lot Size 8199.82

Lot Size Depth Feet

Lot Size Frontage 59

Basement Full

Basement Features BasementFeatures

Property Metrics

Year Built 1954

Age Of Building 71

Building Type Single Family Residence

Property Type Residential

Architecture Style Rancher/Bungalow w/Bsmt.

Stories 2

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R3063978

Area Vancouver East

Neighbourhood South Vancouver

City Vancouver

Gross Taxes $10,034.6

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Shopping Nearby

Heating & Cooling

Fireplace 1

Heating Type Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Detached, Open, Front Access, Lane Access

Total Parking Spaces 0

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Strata Restrictions -

Rental Restrictions -

Zoning R1-1

Rental Suites None

# of Kitchens 1

Flooring Hardwood, Other

Foundation Concrete Perimeter

Locker -

View Description -

Units In Development -

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Kitchen	9'11 x 9'11 ft
Main Level	Eating Area	8'8 x 8'8 ft
Main Level	Dining Room	10' x 10' ft
Main Level	Living Room	15' x 15' ft
Main Level	Foyer	8' x 8' ft
Main Level	Primary Bedroom	13' x 13' ft
Main Level	Bedroom	10'10 x 10'10 ft
Main Level	Bedroom	10'10 x 10'10 ft
Basement Level	Recreation Room	15'10 x 15'10 ft
Basement Level	Utility	15'9 x 15'9 ft
Basement Level	Laundry	15'11 x 15'11 ft
Basement Level	Bedroom	18'7 x 18'7 ft
Basement Level	Bedroom	14'1 x 14'1 ft

Listed by: RE/MAX Crest 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

Secondary

David Thompson Secondary School

0.68 km

Elementary

Walter Moberly Elementary School

Average

0.53 km

5.8/10

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

Private Schools

Elementary

Qawsain Knowledge House

1 km

Secondary

Vancouver Formosa Academy

2.91 km

Closest Transit

Bus Stop

Southbound Knight St @ E 57 Ave

0.19 km

Skytrain

Skytrain @ Langara-49Th Stn

2.79 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 7160 Inverness Street, a Charming South Vancouver Gem

As we step into the vibrant community of South Vancouver, I'm excited to share with you the charms of 7160 Inverness Street, a stunning property listed as MLS^® R3063978. This fantastic home is not only a haven for families but also a great investment opportunity for those seeking a peaceful and convenient lifestyle.

Excellent Schools for Your Little Ones

Let's start with the importance of education. Walter Moberly Elementary School, a highly-rated institution with a 5.8/10 rating, is just a short 0.53 km walk from this beautiful home. Your children will thrive in a supportive and inclusive environment that prepares them for success. David Thompson Secondary School, another top-rated institution, is also nearby, with a rating of No Rating.

Safe and Secure Community

As we explore the community around 7160 Inverness Street, you'll notice a safe and secure environment, with a crime rate of 7,470.82 incidents per 100,000 population, which is Average compared to other Canadian cities (Statistics Canada, 2020). The area is also free from high levels of drug-related crimes, with a rating of Average (229.49 incidents per 100,000 population). You can enjoy peace of mind knowing that your family is protected.

Thriving Community with a Mix of Ages and Income Levels

The community around 7160 Inverness Street is a vibrant mix of young families, professionals, and long-time residents. According to the 2016 census, 19.6% of the population holds a university certificate or degree, which is Average compared to other BC neighbourhoods. However, 28.4% of the population has no certificate or degree, indicating a diverse range of educational backgrounds.

Convenient Location with Access to Public Transit

As a resident of 7160 Inverness Street, you'll enjoy easy access to public transportation, including the Southbound Knight St @ E 57 Ave bus station, just 0.19 km away. This convenient location makes it easy to travel to nearby Vancouver, Surrey, and other surrounding cities.

A Home for All Families

This beautiful home is perfect for families of all sizes, with an average family size of 3.1 members, which is Above Average compared to the region. The neighbourhood is also home to a high percentage of families with children (76.2%), making it an ideal place to raise your little ones.

A Thriving Economy with Opportunities for All

The local economy is strong, with a median household income of $71,782, which is Average compared to other BC neighbourhoods. However, the median personal income of $23,399 is Low compared to the BC average. This indicates a mix of high and low-income earners, creating opportunities for entrepreneurship and career advancement.

A Diverse and Inclusive Community

The community around 7160 Inverness Street is a melting pot of cultures, with a low percentage of English and French speakers (2.8%). However, 81.8% of residents speak only English, making it easy to communicate and connect with your neighbours.

A Commuter's Paradise

As a resident of 7160 Inverness Street, you'll enjoy a convenient location with access to public transportation and major highways, making it easy to commute to nearby cities and workplaces.

Investment Opportunities Abound

This stunning property, listed as MLS^® R3063978, offers a range of investment opportunities, from renting to buying and renovating. With an average value of dwellings in the area of $1,384,811, which is High compared to other areas in British Columbia, you can expect a solid return on investment.

Don't Miss Out on this Opportunity!

If you're looking for a home that offers a perfect blend of community, convenience, and investment potential, look no further than 7160 Inverness Street. Contact me today to schedule a viewing and make this stunning property yours!

MLS number: MLS^® R3063978

Address: 7160 Inverness Street, Vancouver, BC