33.89% cheaper than comparables

5125 Wales St, Vancouver, BC

$2,390,000
Est. Mortgage /mo

MLS® R2982425

5 Beds
2 Baths
2173 sqft
1100 $ /sqft
1968 Built
$2,390,000
Est. /mo with 20% down
$1,100/sqft · Tax $7,201/2024
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

Property Details & Specs

33.89% cheaper than comparables

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
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 fee 0
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 Payment 0%
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

Beds Home Types Square Feet Lot Size Year Built
This Home $2,390,000
Vancouver Loading...
Collingwood VE Loading...
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

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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