1512 Western Cres, Vancouver, BC, MLS® R3071072

$9,480,000
Est. Mortgage /mo

$9,480,000
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
1 Stories
lot 23658 sqft
3970 sqft
1948 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

1512 Western Cres, Vancouver, BC | MLS® R3071072 Property Details

Discover this future Landmark Estate ideally positioned on a prized .54 acre lot located steps to Spanish Banks and Locarno Beach in Vancouver's most coveted University Endowment Lands. Designed by renowned architect Nick Milkovich with the award-winning landscape design by Paul Sangha and interior concept by Mitchell Freidland have created a World Class residence boasting approximately 11,000 SQ FT of living space offering sweeping ocean and mountain views. Photo's are professional renderings based off architectural designs. Features of this brilliantly designed modern masterpiece will include six bedroom suites, six and two half bathrooms, an indoor swimming pool, a private elevator and garage parking for three vehicles. Do not walk on property without appointment as home is tenanted.

General Info

Price $9,480,000
Total Bedrooms 4
Total Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 3970
Lot Size 23658
Lot Size Depth Feet
Lot Size Frontage 91.6
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1948
Age Of Building 77
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3071072
Area Vancouver West
Neighbourhood University VW
City Vancouver
Gross Taxes $55,756.41
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Natural Gas

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Double
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning SF
Rental Suites -
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View 1
View Description ocean
Units In Development -
Sewer Sanitary Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Angell, Hasman & Associates (Malcolm Hasman) 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

Secondary
University Hill Secondary School
2.37 km
Elementary
University Hill Elementary School
Average
0.71 km
6.4/10

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

Private Schools

Elementary, Secondary
Eaton Arrowsmith School
1.53 km
Elementary, Secondary
Eaton Arrowsmith School
1.53 km

Closest Transit

Bus Stop
Westbound Chancellor Blvd @ Allison Rd
0.14 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
9.03 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 1512 Western Crescent, a stunning property located in the heart of Vancouver, BC, with the listing MLS® R3071072. As your trusted realtor, I'm excited to take you on a tour of this incredible neighborhood, highlighting its unique features, and sharing insider tips to help you make the most of this fantastic opportunity.

Education

Our property at 1512 Western Crescent serves two excellent schools, making it an ideal choice for families. University Hill Elementary School, just a 0.71 km stroll away, boasts a rating of 6.4/10, as per the latest rankings. Its proximity to the property ensures that your children will receive top-notch education, providing a solid foundation for their future. Just down the road, University Hill Secondary School, located 2.37 km from our property, offers an excellent secondary education experience, with a rating of No Rating.

For families seeking alternative education options, Eaton Arrowsmith School, an independent elementary school, is just 1.53 km away, offering a unique and specialized learning environment. This school's No Rating reflects its commitment to providing a tailored education experience for each child.

Safety and Security

As a concerned homeowner, you'll appreciate the low crime rates in this neighborhood. According to the latest crime data from Statistics Canada (2020), the overall crime rate near 1512 Western Crescent is 7,880.54, which is Average compared to other Canadian cities. This means you'll enjoy peace of mind knowing that your property is safe and secure.

Let's take a closer look at the specific crime rates:

- Drug crime rate: 100.11, which is Below Average, indicating a low incidence of illegal substances offenses.

- Property crime rate: 4,832.88, which is Above Average, suggesting a higher incidence of property-related offenses.

- Violent crime rate: 1,012.18, which is Low, indicating a low occurrence of violent crimes.

Community and Demographics

This charming neighborhood is home to a diverse community of 57.1% university-educated individuals, making it a hub for professionals and families alike. With a median household income of $48,141, this area offers an affordable lifestyle, while still providing access to excellent amenities.

Here are some interesting demographic insights:

- 5.3% of the population have no certificate or degree, which is Low compared to the average in BC.

- Median personal income is $22,217, which is Low in comparison to the BC average.

- 47.4% of households have a mortgage, which is Low.

Transit and Commuting

Getting around is a breeze, thanks to the proximity of public transportation. The Westbound Chancellor Blvd @ Allison Rd bus station is just 0.14 km away from our property, making it an ideal location for commuters. Many residents also enjoy the convenience of walking (31.3%), cycling (7.7%), or using public transport (23.9%) to get around.

Lifestyle Amenities

Our neighborhood offers an excellent quality of life, with easy access to various lifestyle amenities:

- Parks and beaches: Enjoy the scenic views and outdoor activities at nearby parks and beaches.

- Trails and hiking: Explore the beautiful trails and hiking paths in the surrounding area.

- Shopping malls and grocery stores: Conveniently located shopping centers and grocery stores make everyday errands a breeze.

- Restaurants and coffee shops: Savor the local flavors and coffee culture at the numerous eateries and cafes nearby.

- Hospitals: Access to excellent medical facilities ensures that you'll receive top-notch healthcare when you need it.

Real Estate Context

The average value of dwellings in this neighborhood is $1,434,543, which is High compared to other areas in British Columbia. This means that your investment in 1512 Western Crescent will likely appreciate over time. As a homeowner, you'll enjoy average owner payments of $1,897, while tenants are paying $1,634, indicating a stable and attractive investment opportunity.

In conclusion, 1512 Western Crescent, Vancouver, BC, with the listing MLS® R3071072, offers an unbeatable combination of excellent education, safety, community, and lifestyle amenities. As your trusted realtor, I'm confident that this property will exceed your expectations and provide a fantastic return on investment.

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 $9,480,000
Vancouver No comparables
University VW 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

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