2988 Point Grey Rd, Vancouver, BC, MLS® R3058199

$4,599,000
Est. Mortgage /mo

$4,599,000
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
5 Beds
4 Baths
2 Stories
lot 4554 sqft
3361 sqft
1924 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

2988 Point Grey Rd, Vancouver, BC | MLS® R3058199 Property Details

Seaside lifestyle on Vancouver's Golden Mile. This meticulously renovated home offers 3 suites spanning 3,361 sqft, making it ideal for a primary residence with room for family, a city base without the vacant homes tax, downsizing without sacrificing space/privacy or an income-generating investment, the flexible layout offers endless possibilities. The home blends modern architectural elements with a serene coastal aesthetic, including a zen inspired private yard with extensive concrete work, ambient lighting & lush landscaping. The detached concrete/glass garage is a showpiece on its own—perfect for a gym, studio, or car collection. Situated on a sunny 38x120 ft lot, this is a rare opportunity to live in one of the city's most coveted streets, steps from the beach, RVYC & Jericho Tennis.

General Info

Price $4,599,000
Total Bedrooms 5
Total Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 3361
Lot Size 4554.88
Lot Size Depth Feet
Lot Size Frontage 37.97
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1924
Age Of Building 101
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® # R3058199
Area Vancouver West
Neighbourhood Kitsilano
City Vancouver
Gross Taxes $16,647.5
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 2
Heating Type Hot Water, Natural Gas, Radiant

Utilities

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

Parking

Parking Type Garage Double, Lane Access
Total Parking Spaces 3

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Strata Restrictions -
Rental Restrictions -
Zoning RT-8
Rental Suites Legal Suite
# of Kitchens 3
Flooring Concrete, Hardwood, Tile
Foundation Concrete Perimeter
Locker -
View 1
View Description Ocean & Mountain
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Sanitary Sewer
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

Secondary
Kitsilano Secondary School
1.11 km
Elementary
General Gordon Elementary School
0.52 km

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

Private Schools

Elementary
Pear Tree Elementary School
0.9 km
Elementary, Secondary
Fraser Academy
1.4 km

Closest Transit

Bus Stop
Southbound Macdonald St @ W 1st Ave
0.26 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
3.63 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 the vibrant neighborhood of Kitsilano, where you'll find the stunning property at 2988 Point Grey Road, Vancouver, BC, listed with MLS® R3058199. As we take a walk through this charming community, I'd like to highlight some of the excellent educational institutions that make this area a top choice for families.

Located conveniently close to home, General Gordon Elementary School has a rating of No Rating, and it's situated just 0.52 km away. This school is a great option for families who value a strong educational foundation. Additionally, Kitsilano Secondary School, with a rating also of No Rating, is just 1.11 km from this property, providing excellent options for students of all ages.

As we explore the neighborhood, you'll notice that it's also home to several independent schools, including Pear Tree Elementary School, which is just 0.9 km from 2988 Point Grey Road. This school boasts a rating of No Rating and is a popular choice for families seeking a unique educational experience. For secondary education, Fraser Academy is nearby, with a rating of No Rating and located 1.4 km from this property.

Now, let's talk about the safety of the area. According to the latest crime data from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. The rate is calculated as the number of incidents per 100,000 population, providing a clear picture of the community's safety. Compared to the national average, this neighborhood has seen a year-over-year decrease in crime rates of 14.94%.

When it comes to specific types of crime, the area surrounding MLS® R3058199 has an Average drug crime rate, with a rating of 229.49 and 1,604 incidents in 2020. The year-over-year change in the illegal substances offenses ranking is 1.58%. Property crimes in the neighborhood are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. The year-over-year change in the property misconduct rate is -20.80%. It's reassuring to know that the violent crime rate in this area is Below Average, with a rating of 1,311.69 and 9,168 incidents in 2020.

As we continue our tour, you'll notice that the neighborhood is well-connected to public transportation. The closest bus station is Southbound Macdonald St @ W 1st Ave, just 0.26 km away from MLS® R3058199.

Now, let's look at the demographics of the area. A significant 57.8% of the population in this neighborhood holds a university certificate or degree, which is High compared to other BC neighborhoods. Conversely, 4.7% of the population in this area have no certificate or degree, which is Low compared to the average in BC.

When it comes to income, the median household income near 2988 Point Grey Road, Vancouver, BC is $87,836, which is Above Average compared to the British Columbia average. The median personal income in this area is $46,208, also High compared to the BC average. Interestingly, 53% of households in this census subdivision have a mortgage, which is Below Average.

Unemployment rates in the area are Low, standing at 5.5%. This is a testament to the strong economy and opportunities available in the neighborhood.

As we explore the community further, you'll notice that the population change between 2011 and 2016 was 1.6%, which is Average compared to the average growth rate of this region. The population density per square kilometer in this area is 7,138.8, which is High.

When it comes to family dynamics, the average size of families in the area is 2.5, which is Low compared to the whole region. The percentage of families with children near MLS® R3058199 is 42.4%, also Low. Additionally, 53.6% of the population in this area are married or living common law, which is Below Average.

The average age of the population in this area is 41.1, which is Average compared to other BC cities. Average value of dwellings in this neighborhood is $1,639,284, which is High compared to other areas in British Columbia.

When it comes to housing payments, owners in the area are spending $1,881 on average, making it a High-cost area. Tenants are paying $1,707 on average, also High. Interestingly, 48.6% of the population in this area are renters, which is High compared to other BC cities.

Finally, the language spoken in this area is predominantly English, with 81.4% of the population speaking only English. This is Below Average compared

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 $4,599,000
Vancouver $2,074,333
Kitsilano 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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