RS-5 KERRISDALE—Cash Flowing Today, Goldmine Tomorrow The unicorn: income-producing property with serious development upside on prime Kerrisdale street. Two suites already generating cash flow while you plan your next move.Developers: 33' x 118' RS-5 lot screaming for multi-family development in a neighbourhood where nothing comes available. Ever. Multi-gen families: Three distinct living levels—main floor 1BR suite, middle level 2BR primary home with media room, top floor 1BR loft with rooftop deck capturing Gulf Island views. Live in one, rent two, cash flow your mortgage. Investors: Immediate rental income, long-term appreciation play. Owner-occupied 40 years—solid structure, cosmetic opportunity to add serious value. Steps to Arbutus Greenway, Safeway, 41st Avenue, top schools.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Kitchen | 15' x 15' ft |
| Main Level | Dining Room | 11'10 x 11'10 ft |
| Main Level | Living Room | 21'10 x 21'10 ft |
| Main Level | Nook | 16'4 x 16'4 ft |
| Main Level | Media Room | 13'4 x 13'4 ft |
| Main Level | Bedroom | 12'1 x 12'1 ft |
| Main Level | Primary Bedroom | 14'11 x 14'11 ft |
| Main Level | Storage | 9'7 x 9'7 ft |
| Main Level | Office | 10'5 x 10'5 ft |
| Main Level | Foyer | 10'1 x 10'1 ft |
| Main Level | Walk-In Closet | 7'1 x 7'1 ft |
| Above Level | Family Room | 17'6 x 17'6 ft |
| Above Level | Kitchen | 9'4 x 9'4 ft |
| Above Level | Bedroom | 14'10 x 14'10 ft |
| Above Level | Storage | 14'1 x 14'1 ft |
| Below | Kitchen | 9'11 x 9'11 ft |
| Below | Bedroom | 8'5 x 8'5 ft |
| Below | Living Room | 17' x 17' ft |
| Below | Foyer | 7'10 x 7'10 ft |
| Below | Laundry | 9'4 x 9'4 ft |
| Below | Workshop | 11'9 x 11'9 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #4 |
| Main Level | No | #3 |
| Above Level | No | #3 |
| Below | 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
Closest Transit
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Welcome to Kerrisdale's Hidden Gem
Located in the heart of Vancouver, BC, lies the stunning property at 2141 W 47 Avenue, MLS® R3077138. This exceptional home offers the perfect blend of comfort, convenience, and community spirit.
Education
Our neighborhood is served by Maple Grove Elementary School, rated 8.6/10, just a 0.5 km stroll from home. Your kids will thrive in a supportive learning environment, with the added benefit of being close to Magee Secondary School, rated No Rating, just 0.41 km away. For families seeking a more unique education experience, Crofton House, an independent elementary school, is just 1.56 km from this charming home, with No Rating.
Safety
When it comes to safety, our community has consistently demonstrated a commitment to maintaining a Average crime rate, with 52,217 incidents per 100,000 population in 2020. According to Statistics Canada's 2020 report, the overall crime rate near 2141 W 47 Avenue, Vancouver, BC is 7,470.82. While there are incidents, the -14.94% year-over-year change in total crime rate suggests a downward trend.
Demographics
Home to a diverse population, our neighborhood boasts a High proportion of residents with a university certificate or degree, at 48.2%, compared to the BC average. Conversely, 8.6% of the population near MLS® R3077138 have no certificate or degree, which is Low compared to other areas in BC.
Transit
Convenience is key when it comes to daily commutes. The Southbound West Blvd @ W 46th Ave bus station is just 0.1 km away from this property, making public transportation easily accessible.
Lifestyle Amenities
Our community is rich in lifestyle amenities, including parks, beaches, trails, and dog parks. Imagine strolling through the beautiful green spaces or exploring the vibrant local shops and restaurants.
Real Estate Context
The average dwelling value in our neighborhood is $2,450,291, which is High compared to other areas in British Columbia. With an average owner payment of $2,031 and tenants paying $1,422, this property offers a unique opportunity to own a piece of Vancouver's history.
Insider Insights
As a seasoned realtor, I've seen firsthand the appeal of this community. With an Average age of 43.3, our neighborhood is a haven for families and young professionals alike. The average household income is $60,544, which is Below Average compared to other BC neighborhoods. However, the proximity to employment opportunities and public transportation makes it an attractive option for those seeking a balance between work and lifestyle.
Investment Opportunity
With a population density of 4,266.6 people per square kilometer, our neighborhood is a hub of activity. The average family size is 2.8, which is Below Average compared to other regions. However, the 63.2% of families with children near MLS® R3077138 is Above Average, making it an attractive option for families.
Your New Home Awaits
2141 W 47 Avenue, Vancouver, BC, MLS® R3077138 is a rare gem in the heart of Kerisdale. With its exceptional education system, commitment to safety, and diverse community, this property is the perfect blend of comfort, convenience, and lifestyle. Schedule a viewing today and experience the best of Vancouver living!
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