308 702 E King Edward Ave, Vancouver, BC, MLS® R2847076

$679,000
Est. Mortgage /mo

Closed

$675,000
Closed at 14 Mar 2024
Listing price: $679,000
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
2 Beds
1 Baths
1 Stories
$ 407.24 Maint. Fee
739 sqft
2009 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

308 702 E King Edward Ave, Vancouver, BC | MLS® R2847076 Property Details

The Magnolia is located in the heart of the desirable Fraser Neighbourhood. This efficient floor plan is an oversized 739 sqft with a large 1 bedroom & den (easily 2nd bedroom) featuring granite counters, open kitchen and additional flex space in the bedroom.  Updated throughout the years with flooring, refinished cabinets, paint and new dishwasher & washer/dryer, this home is move-in ready. This boutique building is the perfect home for those who enjoy an easy living lifestyle with walkability to parks, restaurants, cafe's, shopping, transit and all around easy access throughout the city. Rental and pet friendly, Parking and Storage too. Book your visit today.

General Info

Price $679,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 739
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2009
Age Of Building 15
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Trash, Gas, Hot Water, Management
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R2847076
Area Vancouver East
Neighbourhood Fraser VE
City Vancouver
Gross Taxes $1,687
Ownership Type Freehold Strata
Maintenance Fee $407.24
Community Features Shopping Nearby
Amenities Nearby Trash, Gas, Hot Water, Management

Heating & Cooling

Fireplace -
Heating Type Baseboard

Utilities

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

Parking

Parking Type Garage Under Building, Lane Access, Concrete
Total Parking Spaces 1

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Strata Restrictions No Restrictions,Pets Allowed,Rentals Allowed
Pet Restrictions Yes
Rental Restrictions -
Zoning C-2 CO
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Mixed
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View 1
View Description City
Units In Development 44
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Other, Torch-On

Property History

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Status Date Price
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Listed by: Oakwyn 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

Public Schools

Elementary
Sir Richard McBride Elementary School
Average
1 km
6/10
Elementary
Sir Richard McBride Annex
0.8 km

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

Private Schools

Elementary
St.Joseph's School
1.57 km
8/10
Excellent
Secondary
St.Patrick Regional Secondary School
1.72 km

Closest Transit

Bus Stop
Eastbound E King Edward Ave @ Fraser St
0.03 km
Skytrain
Skytrain @ King Edward Stn
1.85 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

308 702 E King Edward Avenue is serviced by Sir Richard McBride Annex. The property with listing MLS® R2847076 is located 0.8 km from the school. Sir Richard McBride Annex has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 308 702 E King Edward Avenue is St.Joseph's School with School's rating Rating 8/10, located 1.57 km from this home.

The closest to this address 308 702 E King Edward Avenue Secondary independent school is St.Patrick Regional Secondary School with School's rating No Rating, located 1.72 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 308 702 E King Edward Avenue, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2847076 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 308 702 E King Edward Avenue are Above Average. Property misconduct rating adjacent to MLS® R2847076 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Eastbound E King Edward Ave @ Fraser St in 0.03 km away from this listing with - MLS® R2847076.

34.3% of people with university certificate/degree live in this neighbourhood adjacent to the 308 702 E King Edward Avenue which is High in comparison with other BC neighbourhoods. 16.7% of population in this neighbourhood that is near the Listing MLS® R2847076 have no certificate or degree. This number is Average compared to the average in BC.

Median Household Income near this dwelling with the address 308 702 E King Edward Avenue, Vancouver, BC is $81636 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2847076 is $33619 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 60.2% which is Average.

Unemployment rate in the area around Real Estate Listing # R2847076 is 4.8 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 308 702 E King Edward Avenue Fraser VE where population change between 2011 and 2016 was 11.7%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 308 702 E King Edward Avenue, Vancouver, BC is 7603.3 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 308 702 E King Edward Avenue is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2847076 is 66.3% and it is Above Average. % of Married or living common law is around 56.1% and it is Below Average.

Average age of the population close to the 308 702 E King Edward Avenue is 39.2 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 308 702 E King Edward Avenue, Vancouver, BC is $1175085 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 308 702 E King Edward Avenue. $1663 owners spent in average for the dwelling. Tenants are paying $1317 in this district close to MLS® R2847076 and it is Above Average comparing to other cities.

34.2% of Population in this district near the 308 702 E King Edward Avenue are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 308 702 E King Edward Avenue, Vancouver, BC is 8.7%, it is Average, % of English speakers only is 85.1% and Below Average. % of French speakers adjacent to 308 702 E King Edward Avenue only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 308 702 E King Edward Avenue, Vancouver, BC is 6.2% and it is High comparing to other BC cities.

30.2% of all population in the area around this property with the address 308 702 E King Edward Avenue, Vancouver, BC using Public Transport which is High, 61.4% of using population are using Cars around MLS® R2847076, which is Low. 5.3% of people using Bicycles around the 308 702 E King Edward Avenue and it is High. 2.3% of population are walking which is Below Average

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 407.24
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 $679,000
Vancouver $690,283
Fraser VE 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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