Character 5 Suite Income Property, 33’x122’ RM-11 Lot in Victoria/Commercial Drive Neighbourhood, 1 Block to Famous Trout Lake Park. House approx. 3215 SF (incl Laund & Util) 3 levels good condition w updated Kitchens, Baths, Electrical. Good long term Tenants w no vacancies. Top Flr 2X 1 Bdrm S/C Suites, approx. 450 SF & 480 SF. Main Flr large 2 Bdrm S/C Suite approx. 950 SF. Ground Flr 2X 1 Bdrm S/C Suites approx. 550-600 SF & sep Laundry & Util rooms. Income $6,050/mo, $72,550/yr, well below market, Potential $9,400/mo, $112,800/yr. Ample rear yard 1 car Carport 2 Open. Perfect for Owner Occupiers & Shared Ownership w lots of Mtg Help. Also Perfect for Investors. Showing by Appt w 2 Day Notice. Call LS Info Pkg, Flr Plan, To View. Showing Sun Jan 25 @ 2:00pm gone by 3:00pm by Appt Call.
General Info
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Heating & Cooling
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 13'3 x 13'3 ft |
| Main Level | Dining Room | 9'6 x 9'6 ft |
| Main Level | Kitchen | 9'6 x 9'6 ft |
| Main Level | Primary Bedroom | 14'10 x 14'10 ft |
| Main Level | Bedroom | 13'2 x 13'2 ft |
| Main Level | Foyer | 5' x 5' ft |
| Above Level | Living Room | 11'7 x 11'7 ft |
| Above Level | Kitchen | 11'9 x 11'9 ft |
| Above Level | Bedroom | 9'3 x 9'3 ft |
| Above Level | Living Room | 11'8 x 11'8 ft |
| Above Level | Kitchen | 11'11 x 11'11 ft |
| Above Level | Bedroom | 7'9 x 7'9 ft |
| Below | Living Room | 11' x 11' ft |
| Below | Kitchen | 8'11 x 8'11 ft |
| Below | Bedroom | 12' x 12' ft |
| Below | Living Room | 10'11 x 10'11 ft |
| Below | Dining Room | 17'11 x 17'11 ft |
| Below | Kitchen | 12'11 x 12'11 ft |
| Below | Bedroom | 10'11 x 10'11 ft |
| Below | Laundry | 6'1 x 6'1 ft |
| Below | Utility | 9'1 x 9'1 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Above Level | No | #4 |
| Above Level | No | #4 |
| Below | No | #4 |
| Below | 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.
Private Schools
Closest Transit
Noise/ Power Lines
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Welcome to 2822 Victoria Drive in Vancouver, BC, a stunning property listed as MLS® R3080476. As we step into this beautiful community, let me share with you the highlights of this vibrant neighborhood.
Education
Just down the road, you'll find Laura Secord Elementary School, a highly-rated institution with a 6.4/10 rating. This school is a mere 0.41 km from our property, making it an ideal choice for families. In fact, Vancouver Technical Secondary School, located 7.21 km away, is also an option for students.
We're also close to Stratford Hall School, a prestigious independent school with an impressive 8.7/10 rating. This school is just 0.33 km from our property, making it an excellent choice for families seeking a high-quality education.
Safety
According to the latest crime statistics from Statistics Canada (2020), our neighborhood has an average crime rate of 7,470.82 per 100,000 population, which is comparable to other Canadian cities. However, it's essential to note that there have been 52,217 disturbances in the area, which may raise some concerns. Nevertheless, the crime rate has seen a year-over-year decline of -14.94%.
In terms of specific crime types, the area around MLS® R3080476 has an average drug crime rate of 229.49, with 1,604 incidents reported in 2020. Property crimes, such as theft and vandalism, are also a concern, with a rate of 5,020.27 and 35,089 incidents reported in 2020. However, it's worth noting that violent crime rates are below average, with 1,311.69 incidents reported in 2020.
Demographics
Our neighborhood is a diverse and vibrant community, with a population that's 25.4% university-educated, which is above average for BC. However, 20.9% of the population has no certificate or degree, which is also above average. The median household income in the area is $64,922, which is average compared to other BC neighborhoods. On the other hand, the median personal income is $26,131, which is lower than the BC average.
Transit
Convenience is key in this neighborhood, with the Northbound Commercial Dr @ E 12 Ave bus station just 0.31 km away from our property. This makes it easy to commute to work, school, or other destinations.
Lifestyle Amenities
Our neighborhood is surrounded by beautiful parks, beaches, and trails, making it an ideal location for outdoor enthusiasts. You'll find numerous shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby, ensuring that all your needs are met.
Real Estate Context
The average dwelling value in our neighborhood is $1,135,793, which is higher than average for BC. The owner-occupant ratio is 57.5%, with an average owner payment of $1,242 per month. Tenants, on the other hand, pay an average of $1,027 per month. Notably, 49.3% of the population are renters, which is higher than average for BC.
Community
Our neighborhood has a diverse population, with 34.3% of residents using public transport, 55.9% driving cars, and 4.3% cycling. The average family size is 2.9, which is average for the region. However, 69.6% of families have children, which is higher than average. The average age of the population is 42.6, which is average for BC.
In conclusion, 2822 Victoria Drive in Vancouver, BC, is a fantastic property listed as MLS® R3080476, offering a unique blend of education, safety, demographics, transit, and lifestyle amenities. Whether you're a family seeking a high-quality education or a professional looking for a convenient commute, this neighborhood has something for everyone.
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