174 W 11th Ave, Vancouver, BC, MLS® R3071776

$4,200,000
Est. Mortgage /mo

$4,200,000
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
1 Beds
1 Baths
1 Stories
lot 4880 sqft
1000 sqft
1913 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

174 W 11th Ave, Vancouver, BC | MLS® R3071776 Property Details

Prime redevelopment opportunity in Mount Pleasant within Vancouver’s Broadway Plan – MRTB (Mount Pleasant RT Areas, Area B). This site supports up to 18 storeys and 5.5 FSR for residential with retail/service at grade. The neighbouring property at 174 W 11th Ave is also available for purchase, allowing a combined frontage exceeding the 150 ft. minimum required for tower form under the Plan. When assembled, the properties create an exceptional high-rise or large mixed-use secured rental development site with strong policy support. Broadway Plan policy requires 20% of net residential floor area to be delivered as secured below-market rental. Unmatched location steps to the future Broadway–City Hall and Mount Pleasant Stations, Main Street retail and restaurants, and VGH.

General Info

Price $4,200,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1000
Lot Size 4880.75
Lot Size Depth -
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1913
Age Of Building 112
Building Type Other
Property Type Residential
Architecture Style Other
Stories 1
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3071776
Area Vancouver West
Neighbourhood Mount Pleasant VW
City Vancouver
Gross Taxes $8,469.84
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Other

Utilities

Utility Type Community, Electricity Connected, Water Connected
Water (WaterSource) Public

Parking

Parking Type Other
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning R3-2
Rental Suites -
# of Kitchens 0
Foundation Other
Locker -
View -
View Description -
Units In Development -
Exterior Features No Outdoor Area
Roof Other

Property History

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Status Date Price
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Listed by: eXp Realty & eXp 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
Simon Fraser Elementary School
Average
0.44 km
5.9/10

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

Private Schools

Elementary
St.Patrick's Elementary School
0.49 km
6.5/10
Above Average
Secondary
St. John's International
0.35 km

Closest Transit

Bus Stop
Eastbound W Broadway @ Columbia St
0.21 km
Skytrain
Skytrain @ Broadway-City Hall Stn
0.45 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 174 W 11th Avenue, a beautiful property in the heart of Vancouver, BC, listed as MLS® R3071776. As your trusted realtor, I'm excited to take you on a tour of this fantastic neighborhood and share with you the exciting features that make it a perfect place to call home.

Let's start with the schools. Simon Fraser Elementary School is just a short 0.44 km stroll from 174 W 11th Avenue, and it boasts a rating of 5.9/10. What families love about this school is its strong sense of community, excellent teachers, and a safe and welcoming environment. If you're looking for a secondary independent school, St. John's International is just 0.35 km away, with a rating of No Rating. For elementary independent schools, St.Patrick's Elementary School is just 0.49 km from this home, with a rating of 6.5/10.

Now, let's talk about crime rates. According to the latest statistics from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. The year-by-year change in the total crime rate is -14.94%, indicating a decreasing trend. If we break it down further, we see that the drug crime rate is Average, with a rating of 229.49, and there were 1,604 illegal substances lawbreaking disturbances in 2020. The property crime rate is Above Average, with a rating of 5,020.27, and there were 35,089 property misconducts in 2020. However, the violent crime rate is Below Average, with a rating of 1,311.69, and there were 9,168 violent lawbreaking disorders in 2020.

When it comes to transportation, you'll find the Eastbound W Broadway @ Columbia St bus station just 0.21 km away from this listing with MLS® R3071776. This neighborhood is well-connected to the rest of Vancouver, making it easy to get around without a car.

Now, let's dive into the demographics of this area. With 54.7% of people holding a university certificate or degree, this neighborhood is considered High in comparison to other BC neighborhoods. On the other hand, 3.5% of the population have no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income near this dwelling with the address 174 W 11th Avenue, Vancouver, BC is $67,191, which is Average compared to the British Columbia average. However, the median personal income is $43,577, which is High in comparison to the BC average. Furthermore, 66% of households in this census subdivision have a mortgage, which is Above Average.

Unemployment rates in this area are also worth noting. With an unemployment rate of 4.6%, this neighborhood is considered Low compared to other province neighborhoods.

This real estate is located in the vibrant Mount Pleasant VW neighborhood, where population change between 2011 and 2016 was 4.7%, which is Above Average compared to average growth rates in this region.

If you're looking for a community with a high population density, this neighborhood checks that box, with a population density per square kilometre of 8,254.2, which is High. The average size of families in this area is 2.4, which is Low compared to the whole region. Additionally, 36.6% of families with children live in this neighborhood, which is Low, while 49.7% of the population are married or living common law, which is Below Average.

The average age of the population close to 174 W 11th Avenue is 38.8, which is Below Average compared to other BC cities.

When it comes to housing, the average value of dwellings in this neighborhood is $1,031,327, which is High compared to other areas in British Columbia. Average owner payments are also High, with owners spending $1,830 on average for their dwellings. Tenants, on the other hand, are paying $1,246, which is Above Average compared to other cities.

With 70.3% of the population in this district being renters, it's a popular choice for those who prefer to rent rather than own. English and French speakers make up 16.7% of the population, with 82.3% speaking only English, making it Below Average in terms of linguistic diversity.

Finally, 28.4% of the population in this area use public transport, which is High, while 39.4% use cars, which is Low. 13.1% of people use bicycles, and 17.7% walk, both of which are High.

In conclusion

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 $4,200,000
Vancouver No comparables
Mount Pleasant 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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