Below Assessment Value

6828 Inverness St, Vancouver, BC

$1,580,000
Est. Mortgage /mo

MLS® R3062293

5 Beds
3 Baths
2075 sqft
761 $ /sqft
1957 Built
$1,580,000
Est. /mo with 20% down
$761/sqft · Tax $7,643/2025
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

Below Assessment Value

Attention Investors & Builders! Prime 33 x 122 sq ft level lot with back lane in sought-after South Vancouver. Central location near Knight & 53rd with easy access to Richmond, YVR, Marine Drive skytrain station, restaurants along Marine Drive, T & T and Canadian SuperStore. 3 bedrooms up plus a 2-bedroom basement suite. Home needs TLC—build now or hold for future potential. Located within the David Thompson Secondary and Fleming Elementary catchments. All measurements are approximate. Priced below BC Assessment; don’t miss this rare opportunity! Kindly allow one day’s notice for all appointments.

General Info

Price $1,580,000
Total Bedrooms 5
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2075
Lot Size 4026
Lot Size Depth Feet
Lot Size Frontage 33
Basement Partially Finished
Basement Features -

Property Metrics

Year Built 1957
Age Of Building 69
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Appliances Included Washer/Dryer, Refrigerator, Stove
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3062293
Building Name -
Area Vancouver East
Neighbourhood South Vancouver
City Vancouver
Postal Code V5X 4G2
Price per Sqft $761
Gross Taxes $7,643.16
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Carport Multiple, Lane Access
Total Parking Spaces 2
Listed by: Sutton Group-West Coast 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 & Transit Info

Public Schools

Elementary
Sir Sandford Fleming Elementary School
Average
0.53 km
5.2/10
Secondary
David Thompson Secondary School
0.69 km

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

Private Schools

Elementary
Qawsain Knowledge House
1.06 km
Secondary
Vancouver Formosa Academy
2.76 km

Closest Transit

Bus Stop
Southbound Knight St @ E 53 Ave
0.19 km
Skytrain
Skytrain @ Langara-49Th Stn
2.68 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Below Average
19.6%
No Certificate/Degree
Above Average
28.4%
Owner Occupied
Below Average
40.6%
Employment Rate
Above Average
76.2%

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 $637
Maintenance fee 0
A 20% down payment of $316,000 on this $1,580,000 listing yields an estimated mortgage of $6,035/month (30-year fixed, 4%). Total estimated housing cost: $6,672/month, $637 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 $4,108/month in estimated rental income against $6,836/month in mortgage payments, the monthly cashflow is -$2,728/month. A 57% 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 $1,580,000
Vancouver Loading...
South Vancouver Loading...
This $1,580,000 listing sits 8.9% below the South Vancouver average of $1,734,000 for similar 5-bedroom Single Family Residences (3 active comparables). This property is flagged as a Hot Deal (Below Assessment Value) 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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