1550 E 1st Ave, Vancouver, BC, MLS® R3077170

$1,280,000
Est. Mortgage /mo

$1,280,000
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
2 Baths
2 Stories
$ 0 Maint. Fee
1200 sqft
2008 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

1550 E 1st Ave, Vancouver, BC | MLS® R3077170 Property Details

PRIVACY - DO NOT SOLICIT !!! Very convenient location, Near Commercial Dr. 2-Level 1/2 DUPLEX with 2 separate units. 4 bedrooms & 2 Baths + 1 garage + 1 outside parking. Main features include hardwood (laminate) flooring, maple kitchen cabinets, granite countertops, and bay windows in front. All measurements approximate, buyer to verify. Tenanted with very good rental income. Please provide 24 hours notice to schedule a private showing.

General Info

Price $1,280,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1200
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2008
Age Of Building 18
Building Type Half Duplex
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Duplex, Residential Attached

Additional Details

MLS® # R3077170
Area Vancouver East
Neighbourhood Grandview Woodland
City Vancouver
Gross Taxes $5,487.49
Ownership Type Freehold Strata
Maintenance Fee 0
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Natural Gas, Radiant

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Water (WaterSource) Public

Parking

Parking Type Garage Single
Total Parking Spaces 2

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Strata Restrictions No Restrictions
Rental Restrictions -
Zoning RM-4N
Rental Suites -
# of Kitchens 2
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Roof Concrete

Property History

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Status Date Price
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Listed by: RE/MAX City 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

Elementary
Grandview Elementary School
0.35 km
Secondary
Britannia Community Secondary School
0.73 km

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

Private Schools

Elementary
St Francis of Assisi
0.97 km
8.9/10
Excellent
Elementary, Secondary
Stratford Hall School
1.35 km
8.7/10
Excellent

Closest Transit

Bus Stop
Southbound Commercial Dr @ Graveley St
0.2 km
Skytrain
Skytrain @ Vcc-Clark Stn
0.74 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Possible
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 the vibrant neighborhood of Grandview Woodland, home to the incredible property located at 1550 E 1st Avenue, Vancouver, BC, proudly listed with MLS® R3077170. As we walk through this charming community, you'll discover the perfect blend of urban convenience and small-town charm.

First, let's talk about the schools that serve this area. Grandview Elementary School, located just 0.35 km from this stunning property, boasts a strong reputation for excellence, with a rating of No Rating (note: school ratings can change over time). Families love this area because of the excellent educational opportunities, and this school is no exception. Plus, Britannia Community Secondary School is just a short 0.73 km away, providing a seamless transition for students as they grow.

But that's not all - the closest Elementary independent school to this home is St Francis of Assisi, with an impressive rating of 8.9/10. It's easy to see why families are drawn to this community, with its commitment to quality education. And for secondary school students, Stratford Hall School is just a 1.35 km drive away, with a rating of 8.7/10.

Now, let's take a look at the crime statistics for the area surrounding 1550 E 1st Avenue, Vancouver, BC. According to the latest data from Statistics Canada (2020), the overall crime rate in this neighborhood is 7,470.82, which is Average compared to other Canadian cities. However, it's worth noting that the year-over-year change in the total crime rate is a significant -14.94%.

When it comes to property crimes, the neighborhood surrounding MLS® R3077170 has an Above Average rating, with a property misconduct rating of 5,020.27. However, it's reassuring to know that the year-over-year change in the property misconduct rate is a notable -20.80%.

In terms of violent crimes, the rate in this area is Below Average, with 1,311.69 incidents per 100,000 population in 2020. This is a testament to the community's commitment to safety and security.

Now, let's talk about the amenities that make this neighborhood so desirable. The closest bus station is just 0.2 km away from MLS® R3077170, providing easy access to public transportation. Plus, the neighborhood is surrounded by an array of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, and restaurants.

According to the latest census data, 39.1% of residents in this neighborhood hold a university certificate or degree, which is High compared to other BC neighborhoods. Meanwhile, 13.3% of the population has no certificate or degree, which is Below Average compared to the average in BC.

In terms of income, the median household income in this area is $50,670, which is Below Average compared to the British Columbia average. However, the median personal income is $31,067, which is also Below Average. On the other hand, the percentage of households with a mortgage is 66.8%, which is Above Average.

The unemployment rate in this area is a low 4.9%, which is a testament to the community's strong economy. And with a population change of 8.4% between 2011 and 2016, this neighborhood is experiencing rapid growth and development.

In terms of demographics, the average size of families in this area is 2.5, which is Low compared to the whole region. Meanwhile, 46% of families have children, which is Low. The average age of the population is 40.7, which is Average compared to other BC cities.

Finally, let's talk about the real estate context. The average value of dwellings in this neighborhood is $754,409, which is High compared to other areas in British Columbia. Meanwhile, the average owner payments are Above Average, with owners spending an average of $1,501 per month. Tenants, on the other hand, pay an average of $1,008 per month, which is Average.

In terms of language, 72.7% of the population in this area are renters, which is High compared to other BC cities and areas. However, 83.4% of the population speaks only English, which is Below Average. Meanwhile, 3.1% of the population speaks neither English nor French, which is Above Average.

And finally, 40.8% of the population in this area use public transportation, which is High. 37.8% use cars, which is Low. 12.6% use bicycles, which is High. And 7.2% walk, which is Above Average.

In conclusion, the property located at 1550 E 1st Avenue, Vancouver, BC, proudly listed

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 $1,280,000
Vancouver $1,393,333
Grandview Woodland 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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