Below Assessment Value
Unbelievable value! over $65,000 below assessment value!! Perfect for first time home buyer or investor! Welcome to 2300 KINGSWAY centrally located at corner of Nanaimo and Kingsway. This is a rare 1 bed + flex high level east facing unit with UNOBSTRUCTED VIEW!!! Steps to Nanaimo skytrain station, bus station, T&T supermarket, restaurants, shoppers drug mart, banks, liquor store, etc. Super open layout, every efficient use of space. Large private balcony to enjoy the spectacular view. Includes 1 parking and 1 storage locker. This will not last!
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Primary Bedroom | 9'4 x 9'4 ft |
| Main Level | Dining Room | 10'9 x 10'9 ft |
| Main Level | Living Room | 10'3 x 10'3 ft |
| Main Level | Kitchen | 7'11 x 7'11 ft |
| Main Level | Storage | 3'11 x 3'11 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
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.
Private Schools
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Welcome to 1906 4815 Eldorado Mews, a stunning property nestled in the heart of Vancouver, BC. As your trusted realtor, I'm excited to share with you the unique features and benefits of this beautiful home.
Let's start with the schools. G. T. Cunningham Elementary School is just a short 0.48 km away from 1906 4815 Eldorado Mews, making it an ideal choice for families with children. With a rating of 5.8/10, G. T. Cunningham Elementary School is a great option for those looking for a solid education. Additionally, Gladstone Secondary School is also nearby, located just 0.9 km from the property. If you're looking for an independent school option, Corpus Christi School is just 1.61 km away, boasting a stellar rating of 10/10. For those seeking a secondary independent school option, Vancouver Formosa Academy is conveniently located just 1.14 km from the property.
Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), the neighbourhood surrounding 1906 4815 Eldorado Mews has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. While there were 52,217 disturbances in the area, the rate is 14.94% lower than the previous year. When it comes to drug-related crimes, the area around MLS® R3066892 has an Average rating of 229.49, with 1,604 incidents reported in 2020. The year-over-year change in this category is a slight 1.58%. Property crimes, on the other hand, are Above Average in the neighbourhood, with a rating of 5,020.27 and 35,089 incidents reported in 2020. The good news is that the property crime rate has decreased by 20.80% over the past year. Violent crimes are also a concern, but the rate is Below Average at 1,311.69, with 9,168 incidents reported in 2020. The year-over-year change is a modest 3.53%.
Now that we've covered the safety aspect, let's talk about the community. The neighbourhood surrounding 1906 4815 Eldorado Mews is a diverse and vibrant area, with a high percentage of university-educated residents (22.5%). This is Above Average compared to other BC neighbourhoods. On the other hand, 21.9% of the population in the area has no certificate or degree, which is also Above Average.
When it comes to income, the median household income in the area is $65,067, which is Average compared to the BC average. The median personal income is $24,461, which is Low compared to the BC average. The percentage of households with a mortgage is 44.7%, which is Low.
The unemployment rate in the area is a low 5.7%, which is Below Average compared to other province neighbourhoods. The population change between 2011 and 2016 was 10.3%, which is High compared to average growth rate of this region.
The property is located in a densely populated area, with a population density of 6,495.7 people per square kilometre, which is High. The average size of families in the area is 2.9, which is Average. The percentage of families with children is 70.3%, which is High. The percentage of married or living common law is 52.3%, which is Below Average.
The average age of the population in the area is 41.4, which is Average compared to other BC cities. The average value of dwellings in the neighbourhood is $1,364,560, which is High compared to other areas in British Columbia.
When it comes to transportation, the closest bus station is Eastbound Kingsway @ Nanaimo St, just 0.07 km away from the property. The majority of residents use public transport (34.6%), which is High. However, 61% of residents use cars, which is Low. The percentage of residents using bicycles is 1.1%, which is Average, and those walking is 1.9%, which is Low.
Lastly, 43.2% of the population in the area are renters, which is Above Average compared to other BC cities and areas. The percentage of English and French speakers is 3.4%, which is Low. The percentage of English speakers only is 82%, which is Below Average. The percentage of French speakers is 0.1%, which is Low. The percentage of neither English nor French speakers is 14.6%, which is High.
In summary, 1906 4815 Eldorado Mews is a fantastic property in a vibrant and diverse neighbourhood. With its
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