Priced below assessment $4,102,000. Prestigious South Granville Area! This custom-built 3-level home offers 8 bedrooms , 5 bathrooms , and brand-new appliances , blending modern comfort with style . Situated on a bright corner lot with RM-8N zoning , no rezoning is needed for potential multi-family development, adding significant future value. The basement suite, featuring its own separate entrance and kitchen, generates excellent rental income , making this an even more attractive investment. Located steps from restaurants , shopping, and transit , and within the McKechnie Elementary and Magee Secondary catchment, with top private schools nearby. Easy access to Oakridge Centre, Richmond, and Downtown Vancouver . Ideal as a family home or investment/holding property. Don' t miss out!
General Info
Price
$3,300,000
Total Bedrooms
8
Total Bathrooms
5
Half Bathrooms
0
Floor Area Total (sqft)
3297
Lot Size
5498
Lot Size Depth
Feet
Lot Size Frontage
53.8
Basement
Full
Basement Features
-
Property Metrics
Year Built
2005
Age Of Building
20
Building Type
Single Family Residence
Property Type
Residential
Stories
2
Appliances Included
Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R2994420
Building Name
-
Area
Vancouver West
Neighbourhood
South Granville
City
Vancouver
Postal Code
V6P 2E8
Price per Sqft
$1,001
Gross Taxes
$15,282.4
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Community Features
Shopping Nearby
Heating & Cooling
Fireplace
0
Heating Type
Natural Gas, Radiant
Cooling
Air Conditioning
Utilities
Utility Type
Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)
Public
Parking
Parking Type
Garage Triple, Lane Access, Asphalt, Garage Door Opener
Total Parking Spaces
3
Rooms
Floor
Type
Dimensions
Main Level
Living Room
12'6 x 12'6 ft
Main Level
Dining Room
14' x 14' ft
Main Level
Family Room
14'7 x 14'7 ft
Main Level
Kitchen
19'6 x 19'6 ft
Main Level
Wok Kitchen
6' x 6' ft
Main Level
Bedroom
14' x 14' ft
Main Level
Bedroom
12'6 x 12'6 ft
Main Level
Foyer
12' x 12' ft
Above Level
Primary Bedroom
14'10 x 14'10 ft
Above Level
Bedroom
12'10 x 12'10 ft
Above Level
Bedroom
12'8 x 12'8 ft
Above Level
Bedroom
12'3 x 12'3 ft
Below
Living Room
12' x 12' ft
Below
Kitchen
10'6 x 10'6 ft
Below
Bedroom
14'10 x 14'10 ft
Below
Bedroom
14'10 x 14'10 ft
Below
Laundry
8'10 x 8'10 ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#3
Above Level
Yes
#5
Above Level
Yes
#4
Above Level
Yes
#4
Below
No
#4
Listed by: Royal Pacific Riverside 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 & Transit Info
Public Schools
Elementary
Dr. R. E. McKechnie Elementary School
0.93 km
Elementary
Dr. R. E. McKechnie Elementary School
0.93 km
Secondary
Magee Secondary School
1.74 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary
Vancouver Hebrew Academy
0.06 km
Secondary
Royal Canadian College
1.81 km
Closest Transit
Bus Stop
Northbound Granville St @ W 62 Ave
0.04 km
Skytrain
Skytrain @ Marine Drive Stn
1.82 km
Crime Rate
Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average
Demographics
Post-Secondary Education
Above Average
45.7%
No Certificate/Degree
Below Average
9.2%
Owner Occupied
Below Average
47%
Employment Rate
Above Average
68.1%
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
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes$1,274
Maintenance fee0
Based on a 30-year fixed at 4% interest with 20% down ($660,000), the estimated monthly payment for this listing is $13,878/month — $12,604 principal & interest, $1,274 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment0%
At an estimated rental income of $8,790/month, this property runs a $5,328/month shortfall after mortgage and carrying costs. Break-even requires approximately 54% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$3,300,000
Vancouver
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South Granville
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This listing has no active comparable properties in Vancouver at present. The price evaluation chart will update as similar listings become available. This property is flagged as a Hot Deal (Below Assessment Value, 10.8% price reduction) based on its competitive pricing and market demand.
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
Property FAQs
What are the closest top-rated schools to 1505 W 62nd Avenue, Vancouver, BC?
The closest top-rated schools are Dr. R. E. McKechnie Elementary School and Dr. R. E. McKechnie Elementary School.
Is 1505 W 62nd Avenue, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 1505 W 62nd Avenue, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $19,800.
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