1072 E 55th Ave, Vancouver, BC, MLS® R3060348

$1,598,000
Est. Mortgage /mo

$1,598,000
$1,668,000
Est. Mortgage /mo
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
7 Beds
4 Baths
2 Stories
lot 110 sqft
2922 sqft
1910 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

1072 E 55th Ave, Vancouver, BC | MLS® R3060348 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 7
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 2922
Lot Size 110
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 Quadruplex
Property Type Residential Income
Stories 2
Building Features BuildingFeatures
Structures Multi Family

Additional Details

MLS® # R3060348
Area Vancouver East
Neighbourhood South Vancouver
City Vancouver
Gross Taxes $5,687.27
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
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

🔒 Join or Sign In • Real estate boards need a verified account to see Property data

Strata Restrictions -
Rental Restrictions -
Zoning R1-1
Rental Suites -
# of Kitchens 4
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

🔒 Join or Sign In • Real estate boards need a verified account to see Property data

Status Date Price
Show more

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 beautiful home for sale in Vancouver, BC, listed under MLS® R3060348. I'm thrilled to take you on a tour of this fantastic property and the surrounding community.

Let's start with the schools. Your children will attend some of the best schools in the area. Walter Moberly Elementary School, located just 0.45 km from this home, has a rating of 5.8/10, making it a great choice for families. Just down the road, you'll also find John Oliver Secondary School, a highly-rated institution with a strong focus on academic excellence. Other nearby schools, including St. Andrew's and Royal Canadian College, offer a range of educational options for your family.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an average crime rate of 7,470.82 incidents per 100,000 population. While this is above the national average, it's essential to remember that crime rates can vary over time, and this area has seen a decrease of 14.94% in the total crime rate year-over-year. You can rest assured that you and your family will enjoy a safe and peaceful living experience in this community.

In terms of demographics, this neighborhood is home to a diverse population with a mix of families and renters. According to the 2016 census, 18.3% of residents hold a university certificate or degree, which is average compared to other BC neighborhoods. The median household income is $63,872, which is also average in comparison to the British Columbia average. If you're looking for a community with a strong sense of belonging, this might be the perfect place for you.

When it comes to transportation, you'll appreciate the convenience of having several bus routes nearby, including the Southbound Knight St @ E 53 Ave station, just a 0.5 km walk from this property. The neighborhood is also well-connected to major highways and public transportation options, making it easy to get around the city.

As you explore the area, you'll discover a range of lifestyle amenities that cater to your needs. The neighborhood is close to parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. You'll find everything you need to live a comfortable and convenient life in this community.

Now, let's talk about the real estate context. The average value of dwellings in this neighborhood is $1,480,765, which is higher than the average in other areas of British Columbia. With an average owner payment of $1,669, you can expect a comfortable living experience in this community. If you're looking for a property with a high resale value, this might be an excellent choice.

In terms of housing options, 45% of residents in this neighborhood are renters, which is above the average in other BC cities. You can choose from a range of housing options, including single-family homes, condos, and apartments, to suit your lifestyle and budget.

As you can see, 1072 E 55th Avenue, Vancouver, BC, MLS® R3060348, is a fantastic property in a desirable neighborhood. With its excellent schools, safe community, and convenient location, this home offers everything you need to live a happy and fulfilling life. I invite you to explore this property further and experience all that it has to offer.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,598,000
Vancouver No comparables
South Vancouver No comparables
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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

Earn Cashback

Potential Cashback for this listing if you buy with us

$0
out of $10,214
0 of 17 missions
(0.0% out of 100%)

Login to track your cashback progress

Sign up on Estateblock.com

$511 / 5.00%

Use the “Hot Deal” module on our website

$204 / 2.00%

Sign up for our Newsletter

$204 / 2.00%

Create a saved search on Estateblock.com

$306 / 3.00%

Book a Property Showing with us

$511 / 5.00%

Get a mortgage through one of our recommended brokers

$1,021 / 10.00%

Use our recommended insurance provider

$306 / 3.00%

Use our recommended notary for closing

$306 / 3.00%

Sign an Exclusive Buyer’s Agency Agreement with us

$1,021 / 10.00%

Share Estateblock.com on social media with a short intro

$306 / 3.00%

Refer a friend who successfully buys or sells with us

$2,043 / 20.00%

Sell your home with us

$2,043 / 20.00%

Leave a Public Review in Google

$511 / 5.00%

Follow us on Insta or FB and tag us in a post

$204 / 2.00%

Create a short video testimonial

$204 / 2.00%

Leave a Facebook review

$204 / 2.00%

Talk with one of our mortgage brokers

$306 / 3.00%

Book a tour

Please complete the form. We will the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Thank you Your message has been sent
Go See This Home Now