308 5740 Toronto Rd, Vancouver, BC | MLS^® R3062842 Property Details

Prime Investment & Owner-Occupier Opportunity at UBC. Presenting a highly desirable apartment in the absolute center of the University of British Columbia. This property offers an unparalleled of academic proximity, lifestyle amenities, and investment potential. 5-mins walk to the UBC campus. Situated within the coveted University Hill Elementary School catchment.5-mins drive to the prestigious University Golf Course. The area is well-serviced by an array of dining, banking, and retail establishments, with excellent public transit links. The unit itself is in excellent condition, having undergone recent upgrades including brand-new carpeting and a new washer/dryer set, ensuring a modern and move-in-ready environment. Book for your private showing today!

General Info

Price $899,000

Total Bedrooms 2

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 836

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement Full

Basement Features BasementFeatures

Property Metrics

Year Built 2006

Age Of Building 19

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Amenities Trash, Maintenance Grounds, Management, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3062842

Area Vancouver West

Neighbourhood University VW

City Vancouver

Gross Taxes $2,489.45

Ownership Type Leasehold prepaid-Strata

Maintenance Fee $412.77

Community Features Shopping Nearby

Amenities Nearby Trash, Maintenance Grounds, Management, Snow Removal

Heating & Cooling

Fireplace 1

Heating Type Baseboard, Electric

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Underground, Front Access, Concrete

Total Parking Spaces 2

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed

Pet Restrictions Yes With Restrictions

Rental Restrictions -

Zoning /

Rental Suites None

# of Kitchens 1

Flooring Carpet

Foundation Concrete Perimeter

Interior Features Elevator, Storage

Locker 1

View -

View Description -

Units In Development -

Exterior Features Garden, Balcony, Private Yard

Sewer Public Sewer, Sanitary Sewer

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Primary Bedroom	15' x 15' ft
Main Level	Bedroom	8' x 8' ft
Main Level	Living Room	12' x 12' ft
Main Level	Dining Room	12' x 12' ft
Main Level	Kitchen	8' x 8' ft

Listed by: LeHomes Realty Premier

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

University Hill Secondary School

1.19 km

Elementary

University Hill Elementary School

Average

1.14 km

6.4/10

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

Private Schools

Elementary, Secondary

Eaton Arrowsmith School

0.56 km

Elementary, Secondary

Eaton Arrowsmith School

0.56 km

Closest Transit

Bus Stop

Southbound Wesbrook Mall @ Agronomy Rd

0.22 km

Skytrain

Skytrain @ Yaletown-Roundhouse Stn

8.68 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 308 5740 Toronto Road, Vancouver, BC - a beautiful community where education, safety, and lifestyle come together

As a trusted realtor with extensive knowledge of Vancouver's neighborhoods, I'm delighted to introduce you to 308 5740 Toronto Road, a stunning property with the listing MLS^® R3062842. This charming home is situated in the heart of University VW, a vibrant and diverse area that offers the perfect blend of education, safety, and lifestyle amenities.

Education

The property is serviced by University Hill Elementary School, a highly-rated institution with a rating of 6.4/10, located just 1.14 km away. This school is part of the acclaimed Vancouver School District, known for its commitment to academic excellence and community values. Furthermore, University Hill Secondary School, rated No Rating, is also in close proximity, with a distance of 1.19 km.

For families seeking alternative educational options, Eaton Arrowsmith School, an independent elementary school with No Rating, is conveniently located just 0.56 km from this home. This school is renowned for its unique approach to learning, focusing on the development of the whole child.

Safety

The crime data from Statistics Canada's 2020 report reveals a safe and secure community surrounding 308 5740 Toronto Road, Vancouver, BC. With an overall crime rate of 7,880.54, this neighborhood is considered Average in comparison to other Canadian cities. The year-by-year change in the total crime rate is -20.79%, indicating a steady decrease in crime incidents.

Regarding specific crime types, the neighborhood surrounding this property has a:

Drug crime rate of Below Average, with 18 illegal substances lawbreaking disturbances in 2020
Property crime rate of Above Average, with 869 property misconduct occurrences in 2020
Violent crime rate of Low, with 182 violent lawbreaking disorders in 2020

Demographics

The demographics of University VW, where 308 5740 Toronto Road is located, are characterized by a high percentage of educated residents. With 57.1% of the population holding a university certificate or degree, this neighborhood is considered High in comparison to other BC neighborhoods. Conversely, the percentage of population with no certificate or degree is 5.3%, which is Low compared to the average in BC.

Transit and Lifestyle Amenities

The property is conveniently located near public transportation, with the Southbound Wesbrook Mall @ Agronomy Rd bus station just 0.22 km away. This provides easy access to various parts of the city.

In terms of lifestyle amenities, University VW offers a range of options, including:

Parks and beaches: The neighborhood is surrounded by beautiful parks and beaches, perfect for outdoor activities and relaxation.
Shopping malls: The nearby University Village Mall and Wesbrook Village offer a variety of shopping and dining options.
Grocery stores: Several grocery stores, including Whole Foods Market and Safeway, are within walking distance.
Restaurants and coffee shops: The area is home to a diverse range of restaurants and coffee shops, catering to various tastes and preferences.
Hospitals: The nearby Vancouver General Hospital and Richmond Hospital provide access to quality medical care.

Real Estate Context

The average dwelling value in University VW is $1,434,543, which is High compared to other areas in British Columbia. The average owner payments are also High, with owners spending an average of $1,897 per month. Tenants, on the other hand, are paying an average of $1,634 per month.

In terms of ownership and rental split, 54.2% of the population in this district are renters, which is High compared to other BC cities and areas.

Additional Insights

The unemployment rate in the area surrounding this property is 11%, which is Above Average in comparison to other province neighborhoods. The population density per square kilometer is 1,986.7, which is Above Average. The average size of families in the area is 2.9, which is Average. The percent of families with children is 66.3%, which is Above Average. The average age of the population is 34.4, which is Low compared to other BC cities.

As a seasoned realtor, I invite you to experience the best of University VW and 308 5740 Toronto Road, Vancouver, BC. This property offers an exceptional blend of education, safety, and lifestyle amenities, making it an ideal choice for families and individuals seeking a comfortable and convenient living experience.