Perfect development property on quiet residential street in Fraserview! R1-1 zoning with 5112sf lot allows for multiple building options. New side-by-side duplex currently under construction next door. Current mid century home features newer asphalt shingle roof, some hardwood floors and requires complete renovation. Easy walking distance to schools including David Thompson Secondary. Convenient access to Metrotown, Richmond, and the Highway. Walk score of 83/Very Walkable & Transit score of 62/Good Transit.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 12'5 x 12'5 ft |
| Main Level | Dining Room | 8'8 x 8'8 ft |
| Main Level | Kitchen | 7'7 x 7'7 ft |
| Main Level | Bedroom | 11' x 11' ft |
| Main Level | Bedroom | 9' x 9' ft |
| Main Level | Bedroom | 8' x 8' ft |
| Basement Level | Family Room | 20' x 20' ft |
| Basement Level | Bedroom | 10' x 10' ft |
| Basement Level | Den | 8' x 8' ft |
| Basement Level | Games Room | 9' x 9' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Basement | 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.
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Welcome to 1563 E 58th Avenue, a stunning residence in the heart of Vancouver, BC!
Located in the sought-after Fraserview VE community, this property boasts an exceptional blend of modern amenities and classic charm. As a seasoned realtor with years of experience in British Columbia real estate, I'm thrilled to introduce you to this incredible home, listed as MLS® R3072550.
Education
Just down the road, you'll find Sir James Douglas Elementary School, a highly-rated institution with a 6.6/10 rating. With a distance of just 0.8 km, it's an ideal choice for families who value proximity and quality education. For secondary education, Vancouver Formosa Academy is a 2.74 km drive away, offering an alternative option for students seeking an independent school experience.
Safety
According to Statistics Canada's 2020 report, this neighbourhood boasts an average crime rate of 7,470.82 incidents per 100,000 population. While there were 52,217 reported disturbances in 2020, the year-over-year change in the total crime rate is a notable -14.94%. This suggests a downward trend in crime, making 1563 E 58th Avenue a safe haven for you and your loved ones.
Demographics
The demographics of this neighbourhood are equally impressive. With a median household income of $73,472, this community is well above average in comparison to other BC neighbourhoods. However, the median personal income is lower at $24,870, indicating a more modest lifestyle for residents. The household with a mortgage percentage is 57.1%, which is average, while the unemployment rate is a low 5.3%, making it an attractive option for job seekers.
Transit
Convenience is key when it comes to transportation. The Northbound Knight St @ E 59 Ave bus station is a mere 0.19 km away, making it effortless to get around the city. With a population density of 6,838.5 people per square kilometre, this community is well-connected and easily accessible.
Lifestyle Amenities
Fraserview VE is renowned for its beautiful parks, scenic beaches, and extensive trail networks. The nearby Qawsain Knowledge House offers an alternative education option, catering to students with diverse needs. As you stroll through the neighbourhood, you'll discover an array of shopping malls, grocery stores, restaurants, coffee shops, and hospitals, ensuring you'll never be far from the amenities you need.
Real Estate Context
The average dwelling value in this neighbourhood is a staggering $1,544,739, making it one of the most desirable areas in British Columbia. With owners paying an average of $1,868 per month and tenants paying $1,139, this community offers a balanced approach to housing costs. A mere 44.7% of the population are renters, which is above average in comparison to other BC cities.
Insider Insights
As a seasoned realtor with years of experience in British Columbia real estate, I can attest that 1563 E 58th Avenue is a hidden gem in the heart of Vancouver. With its exceptional schools, safe community, and prime location, this property is sure to impress even the most discerning buyer. Whether you're a first-time homebuyer or a seasoned investor, this property is an opportunity not to be missed.
Additional Details
Don't miss out on this incredible opportunity to own a piece of paradise in Vancouver, BC. Contact me today to schedule a viewing of 1563 E 58th Avenue, listed as MLS® R3072550.
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