870 W 59th Ave, Vancouver, BC

$2,649,000
Est. Mortgage /mo

MLS® R3080125

5 Beds
4 Baths
2455 sqft
1079 $ /sqft
1962 Built
$2,649,000
Est. /mo with 20% down
$1,079/sqft · Tax $7,398/2024
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

FULLY GUTTED & FULLY Renovated in 2019. Affortable home with EXCEPTIONAL rental income. 5 bed + 4 bath, The home features a modern interior and almost all core components have been revitalized such as New foundation, Raised roof, Enhanced Building Envelope, updated Plumbing and Electrical systems, Soundproofing, Insulation between floors, New sewer, Power, and Water lines. Landscaping and Patio were recently upgraded. Legal Suite + Basement offers good rental income potential, generating excellent cash flow. Located just steps from Sir Winston Churchill Secondary and only a 3-minute drive to Marine Gateway SkyTrain, T&T Supermarket.

General Info

Price $2,649,000
Total Bedrooms 5
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 2455
Lot Size 4286
Lot Size Depth Feet
Lot Size Frontage 33
Basement Full, Finished, Exterior Entry
Basement Features -

Property Metrics

Year Built 1962
Age Of Building 64
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Freezer, Microwave, Oven
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3080125
Building Name -
Area Vancouver West
Neighbourhood Marpole
City Vancouver
Postal Code V6P 1X7
Price per Sqft $1,079
Gross Taxes $7,398.21
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air, Hot Water, Natural Gas

Utilities

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

Parking

Parking Type Garage Single, Lane Access
Total Parking Spaces 1
Listed by: Sutton Group - 1st West 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

Secondary
Sir Winston Churchill Secondary School
0.4 km
Elementary
Sir Wilfrid Laurier Elementary School
Above Average
0.21 km
7.5/10
Elementary
Sir Wilfrid Laurier Elementary School
0.21 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
1.1 km
Secondary
Royal Canadian College
1.18 km

Closest Transit

Bus Stop
Northbound Oak St @ W 59 Ave
0.21 km
Skytrain
Skytrain @ Marine Drive Stn
1.03 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
36.6%
No Certificate/Degree
Average
13.5%
Owner Occupied
Below Average
42.1%
Employment Rate
Above Average
71.8%

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
Possible

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $617
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($529,800), the estimated monthly payment for this listing is $10,734/month — $10,117 principal & interest, $617 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%
At an estimated rental income of $8,757/month, this property runs a $2,197/month shortfall after mortgage and carrying costs. Break-even requires approximately 38% down.
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 $2,649,000
Vancouver Loading...
Marpole Loading...
Based on 2 comparable active Single Family Residences in Marpole, the average asking price is $2,395,667. This listing is priced 10.6% above the neighbourhood average.
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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