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
Property Metrics
Additional Details
Heating & Cooling
Utilities
Parking
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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 | Kitchen | 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 | 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 | Bar 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 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Noise/ Power Lines
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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.
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