1245 E 51st Ave, Vancouver, BC | MLS^® R3081525 Property Details

Investors, builders, and first-time home buyers' opportunity! This centrally located South Vancouver property is situated on a quiet inner street, offering peace and privacy while being just steps from schools, parks, and transit. Enjoy walking distance to daily amenities, with a quick few-minute drive to Oakridge Mall and easy access via one bus to the Canada Line. With a 33 x 111 sq. ft. lot, this home provides excellent investment potential, whether you choose to build now or hold for the future. Conveniently connected to UBC, Downtown, Richmond, and YVR Airport within 15-20 minutes, this property combines lifestyle, convenience, and value in one prime location. All measurements approx. please verify if important. Viewing by appointment only. All meas. are taken from B. C. Assessment.

General Info

Price $1,498,000

Total Bedrooms 3

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 2075

Lot Size -

Lot Size Depth Feet

Lot Size Frontage 33

Basement Partially Finished

Basement Features BasementFeatures

Property Metrics

Year Built 1955

Age Of Building 71

Building Type Single Family Residence

Property Type Residential

Stories 2

Appliances Included Washer/Dryer, Refrigerator, Oven

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R3081525

Area Vancouver East

Neighbourhood South Vancouver

City Vancouver

Gross Taxes $7,457

Ownership Type Freehold NonStrata

Maintenance Fee -

Heating & Cooling

Fireplace 0

Heating Type Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer

Water (WaterSource) Public

Parking

Parking Type None, Other

Total Parking Spaces -

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Strata Restrictions -

Rental Restrictions -

Zoning R1-1

Rental Suites None

Laundry In Unit

# of Kitchens 1

Flooring Mixed

Foundation Concrete Perimeter

Locker -

View Description -

Units In Development -

Exterior Features No Outdoor Area

Sewer Public Sewer

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	18' x 18' ft
Main Level	Eating Area	6' x 6' ft
Main Level	Kitchen	9' x 9' ft
Main Level	Bedroom	11' x 11' ft
Main Level	Bedroom	11' x 11' ft
Main Level	Family Room	11' x 11' ft
Below	Bedroom	11' x 11' ft
Basement Level	Laundry	8' x 8' ft
Basement Level	Workshop	18' x 18' ft

Listed by: Lico Realty Ltd.

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

Elementary

Sir Sandford Fleming Elementary School

Average

0.44 km

5.2/10

Secondary

David Thompson Secondary School

0.8 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary

St. Andrew's

1.15 km

Secondary

Vancouver Formosa Academy

2.75 km

Closest Transit

Bus Stop

Eastbound E 49 Ave @ Sherbrooke St

0.18 km

Skytrain

Skytrain @ Langara-49Th Stn

2.59 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 1245 E 51st Avenue, a lovely home located in the heart of Vancouver, BC. As your trusted realtor, I'll take you on a tour of this beautiful property and highlight its many features.

Let's start with the schools. 1245 E 51st Avenue is serviced by two excellent schools - Sir Sandford Fleming Elementary School and David Thompson Secondary School. Both schools are within walking distance, with Sir Sandford Fleming Elementary School just 0.44 km away and David Thompson Secondary School approximately 0.8 km from the property. According to ratings, Sir Sandford Fleming Elementary School boasts a 5.2/10 rating, while David Thompson Secondary School has a No Rating.

Families love this area because of its excellent educational institutions. Just down the road, you'll find St. Andrew's Elementary independent school, with a No Rating and located 1.15 km from this home. If your child requires secondary education, Vancouver Formosa Academy is the closest independent secondary school, with a No Rating and situated 2.75 km from 1245 E 51st Avenue.

When it comes to safety, Vancouver is known for its low crime rates. According to Statistics Canada's 2020 report, this neighbourhood boasts an average crime rate of 7,470.82, which is comparable to other Canadian cities. In fact, the overall crime rate near 1245 E 51st Avenue, Vancouver, BC has dropped by 14.94% year-over-year.

In terms of specific crime types, drug-related crimes adjacent to MLS^® R3081525 are categorized as Average, with a rating of 229.49 and 1,604 incidents in 2020. Meanwhile, property crimes in the neighbourhood are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. However, the violent crime rate is Below Average, with 1,311.69 incidents in 2020.

Now, let's talk about transportation. The closest bus station is Eastbound E 49 Ave @ Sherbrooke St, just 0.18 km away from this listing with MLS^® R3081525. You'll have easy access to public transportation, making it convenient for commuting or getting around the city.

Demographically, this neighbourhood is diverse, with 18.3% of the population holding a university certificate or degree, which is Average in comparison to other BC neighbourhoods. However, 24.6% of the population in this area have no certificate or degree, which is Above Average compared to the average in BC.

In terms of income, the median household income near this dwelling with the address 1245 E 51st Avenue, Vancouver, BC is $63,872, which is Average compared to the British Columbia average. Meanwhile, the median personal income near this dwelling with listing MLS^® R3081525 is $24,149, which is Low compared to the BC average. Additionally, 52.7% of households in this census subdivision have a mortgage, which is Below Average.

Unemployment rates in the area around Real Estate Listing # R3081525 are Low, at 4.8%. This is a desirable aspect of living in this neighbourhood, as it indicates a strong and stable economy.

When it comes to population growth, the area around 1245 E 51st Avenue has experienced an average growth rate of 0.7% between 2011 and 2016. This is Average compared to the average growth rate of this region.

In terms of transportation, the population density per square kilometre in this community near the address 1245 E 51st Avenue, Vancouver, BC is 7,983.7, which is High. On average, families in this area have 3.1 members, which is Above Average compared to the whole region. Moreover, 75.2% of families in the area nearby this home for sale 1245 E 51st Avenue have children, which is High.

The average age of the population close to the 1245 E 51st Avenue is 40.3, which is Average compared to other BC cities. Additionally, the average value of dwellings in this neighbourhood around 1245 E 51st Avenue, Vancouver, BC is $1,480,765, which is High compared to other areas in British Columbia.

When it comes to housing costs, average owner payments are High in the area adjacent to 1245 E 51st Avenue, with $1,669 spent on average for the dwelling. Tenants in this district close to MLS^® R3081525 pay $1,022 on average, which is Average compared to other cities.

Interestingly, 45% of the population in this district near the 1245 E 51st Avenue are renters, which is Above Average compared to other BC cities and

1245 E 51st Ave, Vancouver, BC, MLS^® R3081525