753 E 55th Ave, Vancouver, BC, MLS® R3066066

$2,495,000
Est. Mortgage /mo

Below Assessment Value, Land Value only

$2,495,000
$2,549,800
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
10 Beds
4 Baths
1 Stories
lot 7897 sqft
4366 sqft
1967 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

753 E 55th Ave, Vancouver, BC | MLS® R3066066 Property Details

Below Assessment Value
Land Value only

For more information, click the Brochure button. Priced to sell, below BC assessment's land value! Investor alert! Sub dividable 2 legal City lots or great land assembly potential. House is surrounded by mostly other old houses. Solidly built, mostly renovated sitting on high side of the street facing southern views. 7900 square ft lot. Renovations done in 2022, include water tank, some windows, floors, appliances, majority of the electrical, furnace, gutters & down pipes, & the basement! This is a highly sought out rental area in the heart of South Vancouver by very busy Fraser Street, Main Street and 49th Ave Punjabi Market. Very close to Langara College, Sunset Community Centre, Fraser Street, Main Street!

General Info

Price $2,495,000
Total Bedrooms 10
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 4366
Lot Size 7897
Lot Size Depth Feet
Lot Size Frontage 87.12
Basement Crawl Space, Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1967
Age Of Building 58
Building Type Single Family Residence
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Disposal, Refrigerator, Stove, Freezer
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3066066
Area Vancouver East
Neighbourhood South Vancouver
City Vancouver
Gross Taxes $11,289.13
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Adult Oriented, Shopping Nearby

Heating & Cooling

Fireplace 0
Heating Type Electric

Utilities

Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Additional Parking, Carport Single, Garage Under Building, Front Access, Asphalt, Driveway, Garage Door Opener
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning RR1
Rental Suites Unauthorized Suite
# of Kitchens 3
Flooring Laminate, Vinyl
Foundation Concrete Perimeter
Interior Features Pantry
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt, Other

Property History

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Status Date Price
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Listed by: Easy List 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
John Oliver Secondary School
1.44 km
Elementary
John Henderson Elementary School
Below Average
0.53 km
2.9/10

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

Private Schools

Elementary
St. Andrew's
0.93 km
Secondary
Royal Canadian College
2.59 km

Closest Transit

Bus Stop
Southbound Fraser St @ E 55 Ave
0.16 km
Skytrain
Skytrain @ Langara-49Th Stn
2.09 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 753 E 55th Avenue, Vancouver, BC, MLS® R3066066! As we walk through this beautiful community, I'll share with you the highlights and insider details that make this area truly special.

Schools:

Just a short stroll from home, John Henderson Elementary School is a top-rated school with a rating of 2.9/10. The property is conveniently located 0.53 km from the school, making it an ideal choice for families. John Oliver Secondary School is also nearby, with a distance of 1.44 km from the property, and a rating of No Rating.

Families love this area because of its excellent schools and proximity to other educational institutions. St. Andrew's, an elementary independent school with a rating of No Rating, is just 0.93 km away, while Royal Canadian College, a secondary independent school with a rating of No Rating, is 2.59 km from the property.

Crime:

According to the latest crime data from Statistics Canada (2020), this neighborhood is considered Average in terms of overall crime rate, with 7,470.82 incidents per 100,000 population. The crime rate is below the national average, making it a safe and secure community for families.

Drug crime rate is also Average, with 229.49 incidents per 100,000 population, and 1,604 illegal substances lawbreaking disturbances in 2020. The year-over-year change in the illegal substances offences ranking is 1.58%.

Property crimes are a concern in some areas, but in this neighborhood, they are Above Average, with 5,020.27 incidents per 100,000 population, and 35,089 property misconduct incidents in 2020. The year-over-year change in the property misconduct rate is -20.80%.

Violent crime rate is Below Average, with 1,311.69 incidents per 100,000 population, and 9,168 violent lawbreaking disorders in 2020. The year-over-year change in the violent crime rate is 3.53%.

Transit:

Getting around is easy in this neighborhood, with the Southbound Fraser St @ E 55 Ave bus station just 0.16 km away from the property. You can hop on the bus and enjoy a convenient commute to work or school.

Demographics:

This community is home to a diverse population, with 18.3% of residents holding a university certificate or degree, which is Average compared to other BC neighborhoods. However, 24.6% of the population have no certificate or degree, which is Above Average.

The median household income is $63,872, which is Average compared to the British Columbia average. Median personal income is $24,149, which is Low compared to the BC average. 52.7% of households in this census subdivision have a mortgage, which is Below Average.

Lifestyle Amenities:

This neighborhood is a haven for outdoor enthusiasts, with numerous parks, beaches, and trails nearby. You'll find dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals within easy reach.

Real Estate Context:

The average dwelling value in this neighborhood is $1,480,765, which is High compared to other areas in British Columbia. The average owner payments are High, with $1,669 spent on average for dwellings. Tenants are paying $1,022 on average, which is Average.

45% of the population in this district are renters, which is Above Average compared to other BC cities and areas. The average age of the population is 40.3, which is Average in comparison to other BC cities.

Additional Insights:

Unemployment rate in this area is Low, at 4.8%, making it an attractive choice for those looking for stable employment opportunities. Population growth in this community was Average, with a 0.7% increase between 2011 and 2016.

Population density per square kilometer is High, at 7,983.7, making it a bustling and vibrant community. Average family size is 3.1, which is Above Average compared to the whole region. 75.2% of families in this area have children, which is High. 53.7% of residents are married or living common law, which is Below Average.

Access to Amenities:

You'll find a variety of amenities within easy reach, including shops, restaurants, parks, and more. The neighborhood is well-connected to other parts of the city, making it easy to get around.

Welcome to 753 E 55th Avenue, Vancouver, BC, MLS® R3066066! This property offers the perfect blend of convenience, lifestyle amenities, and community spirit.

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 $2,495,000
Vancouver $3,900,000
South Vancouver 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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