INVESTORS & DEVELOPERS ALERT! FIRST TIME ON THE MARKET, Located within the Norquay Village Neighbourhood Centre Plan! This property falls under the RM-9A 4-storey apartments zone. This is a great land assembly property or a holding property for investors. This 2 story house faces the park and it sits on a 34.1 x 103.65 (3534 sqft) lot with close to 2200 sqft of spacious living with 3 bedrooms up, 2 bedrooms suite downstairs. Just steps to N orquay Park, walking distance to local shops, restaurant, banks, supermarkets, transit and much more. George T. Cunningham Elem. & Gladstone Secondary catchments. Great investment/land assembly opportunity! Call for more information.
General Info
Price
$2,390,000
Total Bedrooms
5
Total Bathrooms
2
Half Bathrooms
0
Floor Area Total (sqft)
2173
Lot Size
3534.47
Lot Size Depth
Feet
Lot Size Frontage
34.1
Basement
Finished, Exterior Entry
Basement Features
-
Property Metrics
Year Built
1968
Age Of Building
57
Building Type
Single Family Residence
Property Type
Residential
Architecture Style
Rancher/Bungalow w/Bsmt.
Stories
2
Appliances Included
Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R2982425
Building Name
-
Area
Vancouver East
Neighbourhood
Collingwood VE
City
Vancouver
Postal Code
V5R 3M5
Price per Sqft
$1,100
Gross Taxes
$7,200.99
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Community Features
Shopping Nearby
Heating & Cooling
Fireplace
2
Heating Type
Forced Air
Utilities
Utility Type
Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)
Public
Parking
Parking Type
Carport Multiple, Rear Access
Total Parking Spaces
4
Rooms
Floor
Type
Dimensions
Main Level
Living Room
14' x 14' ft
Main Level
Dining Room
12' x 12' ft
Main Level
Kitchen
10' x 10' ft
Main Level
Nook
10' x 10' ft
Main Level
Bedroom
14' x 14' ft
Main Level
Bedroom
10' x 10' ft
Main Level
Bedroom
12' x 12' ft
Below
Living Room
18' x 18' ft
Below
Bedroom
10' x 10' ft
Below
Bedroom
10' x 10' ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#4
Below
No
#4
Listed by: Royal Pacific Realty (Kingsway) Ltd. & Royal Pacific Realty Corp.
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
Secondary
Gladstone Secondary School
1.36 km
Elementary
G. T. Cunningham Elementary School
Average
0.43 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
St.Mary's School
1.34 km
Secondary
Vancouver Formosa Academy
0.63 km
Closest Transit
Bus Stop
Eastbound Kingsway @ Wales St
0.08 km
Skytrain
Skytrain @ 29Th Av Stn
0.81 km
Crime Rate
Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average
Demographics
Post-Secondary Education
Below Average
22.5%
No Certificate/Degree
Above Average
21.9%
Owner Occupied
Below Average
44.7%
Employment Rate
Above Average
70.3%
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$600
Maintenance fee0
A 20% down payment of $478,000 on this $2,390,000 listing yields an estimated mortgage of $9,128/month (30-year fixed, 4%). Total estimated housing cost: $9,728/month, $600 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%
With $5,975/month in estimated rental income against $9,943/month in mortgage payments, the monthly cashflow is -$3,968/month. A 55% down payment would reach break-even.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$2,390,000
Vancouver
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Collingwood VE
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There are currently no comparable Single Family Residences active in Collingwood VE. The Vancouver-wide average for similar 5-bedroom properties is $1,412,667 (4 listings). This home is priced 69.2% above that benchmark. This property is flagged as a Hot Deal (33.89% cheaper than comparables) 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 5125 Wales Street, Vancouver, BC?
The closest top-rated schools are Gladstone Secondary School and G. T. Cunningham Elementary School.
Is 5125 Wales Street, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 5125 Wales Street, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $14,340.
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