1198 W 55th Ave, Vancouver, BC, MLS® R3059529

$8,980,000
Est. Mortgage /mo

$8,980,000
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
4 Beds
4 Baths
2 Stories
lot 12842 sqft
5739 sqft
2006 built
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1198 W 55th Ave, Vancouver, BC | MLS® R3059529 Property Details

Live every day like you’re on vacation in this extraordinary custom-built home! Designed with entertaining & relaxation in mind, it combines architectural beauty with resort-style amenities. A striking marble exterior, limestone entry, and intricate wrought iron details create an unforgettable first impression. Inside, marble flooring, soaring ceilings, and artisan finishes set a tone of sophistication. The kitchen is equipped with top-of-the-line appliances and a catering-ready pantry, perfect for hosting family & friends. Step through grand walnut French doors to private paradise: a sparkling designer pool, cabana, hot tub, & a secluded waterfall grotto nestled within lush, natural landscaping, offers privacy, elegance, & effortless indoor-outdoor living.

General Info

Price $8,980,000
Total Bedrooms 4
Total Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 5739
Lot Size 12842.1
Lot Size Depth Feet
Lot Size Frontage 75.1
Basement Partially Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 2006
Age Of Building 19
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Oven
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3059529
Area Vancouver West
Neighbourhood South Granville
City Vancouver
Gross Taxes $43,498.9
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 3
Heating Type Geothermal, Heat Pump, Natural Gas
Cooling Air Conditioning

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 Triple, Front Access, Garage Door Opener
Total Parking Spaces 3

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Strata Restrictions -
Rental Restrictions -
Zoning R1-1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile, Carpet
Foundation Concrete Perimeter
Interior Features Central Vacuum, Wet Bar
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Dracco Pacific Realty & Dracco Pacific 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 Info

Public Schools

Secondary
Sir Winston Churchill Secondary School
0.56 km
Elementary
Sir William Osler Elementary School
1.23 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
0.8 km
Secondary
Pacific Torah Institute
1.55 km

Closest Transit

Bus Stop
Southbound Oak St @ W 54 Ave
0.34 km
Skytrain
Skytrain @ Langara-49Th Stn
1.37 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
Possible

Welcome to 1198 W 55th Avenue, a beautiful property in Vancouver, BC, listed as MLS® R3059529. As we walk through this charming neighborhood, you'll discover a wonderful community with plenty of amenities and features that make it an ideal place to call home.

Education

One of the top priorities for many families is ensuring that their children receive a great education. Fortunately, this property is serviced by Sir William Osler Elementary School, which is just a short 1.23 km away. This school has a No Rating, but we're excited to share that families love this area because of its commitment to academic excellence. Additionally, Sir Winston Churchill Secondary School is nearby, with a No Rating as well, but offering students a well-rounded education in a supportive environment. If you're looking for a private school option, Vancouver Hebrew Academy is just 0.8 km from this property, and Pacific Torah Institute is 1.55 km away.

Safety

Let's talk about safety. As a parent, you want to know that your children are protected and feel secure in their surroundings. According to Statistics Canada's 2020 report, there were 52,217 disturbances in this neighborhood, with an overall crime rate of 7,470.82. This is Average compared to other Canadian cities, and while it's essential to be aware of local crime statistics, it's reassuring to know that this community is generally safe. In fact, the rate of property crimes near this property is Above Average, but the violent crime rate is Below Average, making it a great place to live for families.

Community

This neighborhood is known for its strong sense of community, with a high percentage of families and a median household income of $71,467, which is Average compared to other BC neighborhoods. You'll find a mix of young professionals and families, with a median personal income of $25,422, which is Low compared to the BC average. One of the benefits of living in this area is its proximity to public transportation, with the Southbound Oak St @ W 54 Ave bus station just 0.34 km away.

Lifestyle

When it comes to lifestyle, this neighborhood has everything you need. You'll find plenty of parks, beaches, and trails to explore, as well as shopping malls, grocery stores, and restaurants. The average age of the population is 43.6, which is Above Average compared to other BC cities. You'll also find a diverse community with a high percentage of English and French speakers, although a significant number of residents speak neither language.

Real Estate

As for the real estate, the average value of dwellings in this neighborhood is $2,931,338, which is High compared to other areas in British Columbia. The average owner payments are $2,407, which is High, and tenants are paying $1,637, also High compared to other cities. While the property is a bit pricey, it's a fantastic investment opportunity for those looking to own a beautiful home in a desirable neighborhood.

Demographics

Let's take a closer look at the demographics of this neighborhood. You'll find a mix of families and young professionals, with a high percentage of renters (48.6%) compared to other BC cities. The average family size is 3, which is Above Average, and 69.7% of families have children, making it an ideal place for families to raise their kids.

In conclusion, 1198 W 55th Avenue is a fantastic property in a wonderful neighborhood. With its excellent schools, safe community, and plenty of amenities, it's an ideal place to call home. Whether you're a young professional or a family, this property has something for everyone. Contact me today to schedule a viewing and make this property yours!

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 $8,980,000
Vancouver $8,680,000
South Granville $7,888,000
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

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