3540 E 48th Ave, Vancouver, BC, MLS® R2892513

$2,399,000
Est. Mortgage /mo

Closed

$2,310,000
Closed at 23 Jul 2024
Listing price: $2,399,000
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
5 Beds
3 Baths
2 Stories
lot 7613 sqft
2758 sqft
1971 built
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Map
Street view
Schools
Crime
Commute
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3540 E 48th Ave, Vancouver, BC | MLS® R2892513 Property Details

Step back in time with this well-maintained 1971 gem, brimming with potential! This Vancouver Special style home, original to its era, boasts great bones and endless possibilities. Featuring a spacious layout, the property has suite potential and even a sauna, offering both comfort and relaxation. Nestled on an expansive over 7600 sq ft lot, this home provides ample room for growth. With its impressive site width and size, there is an exciting opportunity to develop a multiplex with 4-8 units, making it a fantastic investment for the future. Whether you’re looking to preserve its vintage charm or explore modern upgrades, this property is a rare find that offers both character and potential. Don’t miss out on this unique opportunity to create your dream home or a profitable investment.

General Info

Price $2,399,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2758
Lot Size 7613
Lot Size Depth Feet
Lot Size Frontage 48.32
Basement Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1971
Age Of Building 53
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Amenities Sauna/Steam Room
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2892513
Area Vancouver East
Neighbourhood Killarney VE
City Vancouver
Gross Taxes $6,516.35
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Amenities Nearby Sauna/Steam Room
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Hot Water

Utilities

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

Parking

Parking Type Garage Double, Lane Access, Asphalt
Total Parking Spaces 5

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Strata Restrictions -
Rental Restrictions -
Zoning R-1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Laminate, Wall/Wall/Mixed
Foundation Slab
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Torch-On

Property History

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Status Date Price
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Listed by: RE/MAX Crest 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
Killarney Secondary School
1.2 km
Elementary
Dr. H. N. MacCorkindale Elementary School
0.33 km

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

Private Schools

Elementary
St.Mary's School
1.44 km
9.4/10
Excellent
Secondary
Vancouver Formosa Academy
1.64 km

Closest Transit

Bus Stop
Westbound E 49 Ave @ Arlington St
0.18 km
Skytrain
Skytrain @ Patterson Stn
1.25 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

3540 E 48th Avenue is serviced by Dr. H. N. MacCorkindale Elementary School. The property with listing MLS® R2892513 is located 0.33 km from the school. Dr. H. N. MacCorkindale Elementary School has a rating of No Rating.

This home with address 3540 E 48th Avenue, Vancouver, BC is also serviced by Killarney Secondary School and located 1.2 km from it. Killarney Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 3540 E 48th Avenue is St.Mary's School with School's rating Rating 9.4/10, located 1.44 km from this home.

The closest to this address 3540 E 48th Avenue Secondary independent school is Vancouver Formosa Academy with School's rating No Rating, located 1.64 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 - 3540 E 48th 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® R2892513 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 3540 E 48th Avenue are Above Average. Property misconduct rating adjacent to MLS® R2892513 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 Westbound E 49 Ave @ Arlington St in 0.18 km away from this listing with - MLS® R2892513.

27.4% of people with university certificate/degree live in this neighbourhood adjacent to the 3540 E 48th Avenue which is Above Average in comparison with other BC neighbourhoods. 15.7% of population in this neighbourhood that is near the Listing MLS® R2892513 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 3540 E 48th Avenue, Vancouver, BC is $72141 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2892513 is $31232 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 52.2% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2892513 is 4.4 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 3540 E 48th Avenue Killarney VE where population change between 2011 and 2016 was -0.3%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 3540 E 48th Avenue, Vancouver, BC is 6172 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 3540 E 48th Avenue is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2892513 is 71.8% and it is High. % of Married or living common law is around 53.3% and it is Below Average.

Average age of the population close to the 3540 E 48th Avenue is 44.2 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 3540 E 48th Avenue, Vancouver, BC is $692640 and this is High comparing to other areas in British Columbia

Average Owner payments are Average in the area adjacent to 3540 E 48th Avenue. $1138 owners spent in average for the dwelling. Tenants are paying $1053 in this district close to MLS® R2892513 and it is Average comparing to other cities.

46.9% of Population in this district near the 3540 E 48th Avenue are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 3540 E 48th Avenue, Vancouver, BC is 7%, it is Average, % of English speakers only is 88.3% and Below Average. % of Neither English nor French speakers close to home for sale 3540 E 48th Avenue, Vancouver, BC is 4.6% and it is High comparing to other BC cities.

28.8% of all population in the area around this property with the address 3540 E 48th Avenue, Vancouver, BC using Public Transport which is High, 66% of using population are using Cars around MLS® R2892513, which is Low. 2.2% of people using Bicycles around the 3540 E 48th Avenue and it is Above Average. 2.4% of population are walking which is Below Average

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 $2,399,000
Vancouver $2,170,000
Killarney VE $2,210,000
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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