1072 E 55th Ave, Vancouver, BC | MLS^® R3059993 Property Details

South Vancouver Character 4 Unit Income Property on 33’x110’ South R1-1 Lot in quality neighbourhood of many Newer Homes. House 2922 SF 3 levels in good condition w updated Kitchens, Baths, Electrical. Good long term Tenants w no vacancies. Top 720 SF 1 Bdrm & Den, Main 1050 SF 3 Bdrm, Down 700 SF 2 Bdrm & Den, Plus a 325 SF Studio Suite. There are 3 Gas Meters, 4 H/W Tanks, 4 Elec. Meters, Big Double Garage w sep Bays & Power (rented) & 1 Open Parking. Gr Inc $5,903/mo, $70,836/yr below market. Potentials: Gr Inc $7,700/mo, $92,400/yr, Cap Rate 5%. 1st Class Investment & Great Building Site for New Home w Laneway. Perfect for Owner Occupiers & Shared Ownership with lots of Mtg Help. Showing by Appt w 2 Day Notice. Call LS for Info Pkg, Flr Plan. Showing Mon Dec 22 @ 1:00pm by Appt Call.

General Info

Price $1,598,000

Total Bedrooms 8

Total Bathrooms 4

Half Bathrooms 0

Floor Area Total (sqft) 2922

Lot Size 3630

Lot Size Depth Feet

Lot Size Frontage 33

Basement Full, Finished, Exterior Entry

Basement Features BasementFeatures

Property Metrics

Year Built 1910

Age Of Building 115

Building Type Single Family Residence

Property Type Residential

Stories 2

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R3059993

Area Vancouver East

Neighbourhood South Vancouver

City Vancouver

Gross Taxes $5,687.27

Ownership Type Freehold NonStrata

Maintenance Fee -

Heating & Cooling

Fireplace 0

Heating Type Electric, Hot Water, Natural Gas

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 Double, Open, Lane Access, Rear Access

Total Parking Spaces 3

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Strata Restrictions -

Rental Restrictions -

Zoning R1-1

Rental Suites -

# of Kitchens 3

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Exterior Features Balcony

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	14'3 x 14'3 ft
Main Level	Library	11'11 x 11'11 ft
Main Level	Bedroom	12'7 x 12'7 ft
Main Level	Bedroom	10'6 x 10'6 ft
Main Level	Bedroom	10'5 x 10'5 ft
Main Level	Bedroom	12'6 x 12'6 ft
Main Level	Laundry	6'2 x 6'2 ft
Main Level	Foyer	7'6 x 7'6 ft
Above Level	Living Room	14'11 x 14'11 ft
Above Level	Kitchen	10'10 x 10'10 ft
Above Level	Bedroom	11'7 x 11'7 ft
Above Level	Den	9' x 9' ft
Above Level	Storage	5'6 x 5'6 ft
Below	Living Room	11'5 x 11'5 ft
Below	Kitchen	11'4 x 11'4 ft
Below	Bedroom	11'2 x 11'2 ft
Below	Bedroom	11'8 x 11'8 ft
Below	Den	9'3 x 9'3 ft
Below	Kitchen	8'5 x 8'5 ft
Below	Eating Area	7' x 7' ft
Below	Bedroom	13'2 x 13'2 ft
Below	Utility	10'5 x 10'5 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Above Level	No	#4
Below	No	#4
Below	No	#4

Listed by: RE/MAX Real Estate Services

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 Info

Public Schools

Secondary

John Oliver Secondary School

1.61 km

Elementary

Walter Moberly Elementary School

Average

0.45 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. Andrew's

1.21 km

Secondary

Royal Canadian College

2.89 km

Closest Transit

Bus Stop

Southbound Knight St @ E 53 Ave

0.5 km

Skytrain

Skytrain @ Langara-49Th Stn

2.47 km

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

Welcome to 1072 E 55th Avenue, a stunning property in Vancouver, BC, proudly listed as MLS^® R3059993. As your trusted realtor, I'm excited to take you on a tour of this incredible home and its surrounding community.

First, let's talk about the schools. Walter Moberly Elementary School is conveniently located just 0.45 km from this property, with a rating of 5.8/10. Families love this area because of the excellent education provided by this school. Additionally, John Oliver Secondary School is nearby, within a 1.61 km radius, offering students a world-class education.

For those seeking a more traditional educational experience, St. Andrew's Elementary Independent School is just 1.21 km away, offering a unique and nurturing environment for students. Similarly, Royal Canadian College, a secondary independent school, is located 2.89 km from this property, providing students with an exceptional education.

Now, let's talk about the safety and security of the area. According to Statistics Canada's 2020 report, the community surrounding 1072 E 55th Avenue, Vancouver, BC, has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. This means that residents can enjoy a peaceful and secure living environment.

In terms of specific crime rates, the neighborhood surrounding MLS^® R3059993 has:

An Average rate of drug-related crimes, with 229.49 incidents per 100,000 population
An Above Average rate of property crimes, with 5,020.27 incidents per 100,000 population
A Below Average rate of violent crimes, with 1,311.69 incidents per 100,000 population

Now, let's explore the demographics of the area. The neighborhood surrounding 1072 E 55th Avenue, Vancouver, BC, has a diverse population with:

18.3% of residents holding a university certificate or degree, which is Average compared to other BC neighborhoods
24.6% of residents with no certificate or degree, which is Above Average compared to the average in BC

In terms of income, the median household income in the area is $63,872, which is Average compared to the British Columbia average. The median personal income is $24,149, which is Low compared to the BC average.

The unemployment rate in the area is 4.8%, which is Low compared to other province neighborhoods.

Now, let's talk about the lifestyle and amenities in the area. The neighborhood surrounding MLS^® R3059993 is close to various amenities, including:

Southbound Knight St @ E 53 Ave bus station, just 0.5 km away
Parks, beaches, trails, dog parks, and shopping malls within walking distance
Grocery stores, restaurants, coffee shops, and hospitals nearby

In terms of real estate, the average value of dwellings in the neighborhood is $1,480,765, which is High compared to other areas in British Columbia. The average owner payments are High in the area, with $1,669 spent on average for a dwelling. Tenants pay an average of $1,022 in the district.

Lastly, 45% of the population in the district are renters, which is Above Average compared to other BC cities and areas.

If you're looking for a unique blend of safety, security, and lifestyle amenities, 1072 E 55th Avenue, Vancouver, BC, is the perfect place to call home. As your trusted realtor, I invite you to explore this property and experience the best of Vancouver's real estate market.

MLS^® R3059993