2956 Palmerston Ave, West Vancouver, BC, MLS® R2997370

$13,880,000
Est. Mortgage /mo

$13,880,000
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
7 Beds
8 Baths
2 Stories
lot 39160 sqft
10285 sqft
1995 built
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Street view
Schools
Crime
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2956 Palmerston Ave, West Vancouver, BC | MLS® R2997370 Property Details

SPECTACULAR CUSTOM-BUILT GATED RESIDENCE EXTENSIVELY RENOVATED IN 2015 WITH JUST UNDER 11,000 SQFT OF LUXURY LIVING ON A SENSATIONAL 0.9 ACRE LOT OFFERING UNSURPASSED INDOOR/OUTDOOR FAMILY LIVING AND ENTERTAINING. MAIN: stunning foyer opening to generous living rm and dining rm with large fireplace and 30ft ceilings, sensational gourmet kitchen off eating nook and large family rm, office, 2 powder rms and en-suited guest bdrm. UPPER: huge primary bdrm with stunning en-suite and walk-in, plus 4 over-sized bdrms. LOWER: large rec-rm with wet-bar, wine cellar, media rm, and self-contained 1-bdrm nanny suite. PLUS: mature landscaped gardens, outdr kitchen, designer swimming pool, hot-tub, gazebo, huge grassy flat back yard, sport court, two spacious 2-car garages, flat driveway and much more_

General Info

Price $13,880,000
Total Bedrooms 7
Total Bathrooms 6
Half Bathrooms 2
Floor Area Total (sqft) 10285
Lot Size 39160
Lot Size Depth Feet
Lot Size Frontage 132
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1995
Age Of Building 30
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2997370
Area West Vancouver
Neighbourhood Altamont
City West Vancouver
Gross Taxes $51,157.78
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 4
Heating Type Hot Water, Radiant
Cooling Central Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Double, Tandem, Front Access, Paver Block
Total Parking Spaces 8

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Strata Restrictions -
Rental Restrictions -
Zoning RS2
Rental Suites -
# of Kitchens 2
Flooring Hardwood, Tile
Foundation Concrete Perimeter
Locker -
View 1
View Description 2ND-FLR WATER VIEW!
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Wood

Property History

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Status Date Price
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Listed by: Royal Pacific Lions Gate Realty Ltd.

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

Private Schools

Elementary, Secondary
Mulgrave School
0.86 km
9.7/10
Excellent
Elementary, Secondary
Mulgrave School
0.86 km
9.7/10
Excellent

Closest Transit

Bus Stop
Westbound Marine Dr @ 30 St
0.43 km
Skytrain
Skytrain @ Burrard Stn
8.31 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 2956 Palmerston Avenue, a stunning address in West Vancouver, BC, listed as MLS® R2997370

As we step into this beautiful neighborhood, you'll notice the proximity to exceptional educational institutions. Let's start with the nearby Mulgrave School, a highly-rated elementary and secondary independent school with a 9.7/10 rating. This esteemed institution is located just 0.86 km from 2956 Palmerston Avenue, making it an ideal choice for families seeking a top-notch education for their children.

Safety and Crime Rates

According to the latest crime statistics from Statistics Canada (2020), the neighborhood surrounding 2956 Palmerston Avenue, West Vancouver, BC, boasts a low overall crime rate of 4,969.41 incidents per 100,000 population. This is significantly lower than the national average, providing residents with a sense of peace and security. Additionally, the crime rate has decreased by 10.40% year-over-year, indicating a stable and safe community.

Breaking down the crime statistics further, we see that property crimes are average, with a rating of 3,165.63 incidents per 100,000 population. This is in line with typical urban areas. On the other hand, drug crime and violent lawbreaking disorders are both low, with ratings of 59.49 and 805.22 incidents per 100,000 population, respectively.

Demographics and Lifestyle

The neighborhood surrounding 2956 Palmerston Avenue is characterized by a high level of education, with 50.4% of the population holding a university certificate or degree. This is significantly higher than the British Columbia average, indicating a community that values learning and personal growth. In contrast, only 7.1% of the population has no certificate or degree, which is lower than the average in BC.

In terms of income, the median household income is a impressive $144,128, which is higher than the British Columbia average. Additionally, the median personal income is $50,548, also above the provincial average. This suggests a community with a strong economy and a high standard of living.

Transit and Commuting

The neighborhood is well-connected to public transportation, with the Westbound Marine Dr @ 30 St bus station located just 0.43 km from 2956 Palmerston Avenue. This provides easy access to various parts of the city and surrounding areas.

Average Household Size and Family Dynamics

The average household size in the neighborhood is 3.1 people, which is above average for the region. Additionally, 64.1% of families in the area have children, which is also above average. Furthermore, 67.8% of residents are married or living in a common-law relationship, indicating a strong sense of community and commitment.

Aging Population and Housing

The average age of the population in the neighborhood is 42.1 years, which is average for British Columbia. In terms of housing, the average value of dwellings is a staggering $3,104,963, which is higher than many other areas in British Columbia. The average owner payments are also high, at $2,785 per month, while tenants are paying an average of $2,304 per month.

Language and Transportation

The neighborhood has a diverse language profile, with 12.7% of the population speaking both English and French, 83.4% speaking only English, and 0.1% speaking only French. This suggests a community that values linguistic diversity. In terms of transportation, 84.2% of residents use cars, while 7.4% use public transportation, and 1.9% use bicycles.

Population Growth and Density

The neighborhood has experienced a population decrease of 2.1% between 2011 and 2016, which is below average for the region. The population density is also average, with 1,107.4 people per square kilometer.

Unemployment Rate

The unemployment rate in the area is a low 5.1%, indicating a strong and stable economy.

Owner vs. Renter Split

The owner vs. renter split in the neighborhood is 44.7% owners and 55.3% renters, which is below average for British Columbia.

Conclusion

In conclusion, 2956 Palmerston Avenue, West Vancouver, BC, listed as MLS® R2997370, offers a unique blend of exceptional education, low crime rates, and a strong sense of community. With its proximity to top-notch schools, safe and stable environment, and high standard of living, this property is an ideal choice for families and individuals seeking a desirable and comfortable lifestyle.

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 $13,880,000
West vancouver No comparables
Altamont 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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