QUIET WEST OF DUNBAR. 3 suite rental property. Home extensively rebuilt & renovated. In 1984 the upper floor was rebuilt on permit. Current owner completed another $250,000 in renovations incl new exterior, windows, flooring, roof, fireplace, main & upper kitchens, main & upper baths, decks, built-in vacuum. Oversized double garage is EV ready. Lower floor is at ground level w/2 bdrms, a kitchen, and full bathroom. Main floor has 2 bdrms, a kitchen, and full bathroom. Upper floor was converted in the 1990s to a self-contained 3 bdrm suite that is a LEGAL SUITE for the life of the building. Current owner occupies the first two floors as a single family home. Potential rents: Up $4,500, Main $3,500, Down $2,500, Garage $500, Ttl $11,000/mo or $132,000/yr.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Below | Living Room | 34'10 x 34'10 ft |
| Below | Den | 12'1 x 12'1 ft |
| Below | Dining Room | 15'3 x 15'3 ft |
| Below | Kitchen | 9'2 x 9'2 ft |
| Below | Cold Room | 11'11 x 11'11 ft |
| Below | Bedroom | 16'2 x 16'2 ft |
| Below | Bedroom | 12'3 x 12'3 ft |
| Main Level | Family Room | 21'9 x 21'9 ft |
| Main Level | Dining Room | 13'2 x 13'2 ft |
| Main Level | Kitchen | 14'10 x 14'10 ft |
| Main Level | Living Room | 18'7 x 18'7 ft |
| Main Level | Bedroom | 11'3 x 11'3 ft |
| Main Level | Bedroom | 11'7 x 11'7 ft |
| Above Level | Living Room | 13'1 x 13'1 ft |
| Above Level | Dining Room | 13'1 x 13'1 ft |
| Above Level | Kitchen | 8'11 x 8'11 ft |
| Above Level | Bedroom | 11'5 x 11'5 ft |
| Above Level | Primary Bedroom | 12'6 x 12'6 ft |
| Above Level | Bedroom | 11'6 x 11'6 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Below | No | #4 |
| Main Level | No | #4 |
| Above Level | No | #4 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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Welcome to 3706 W King Edward Avenue, a stunning property in Vancouver's desirable Dunbar neighborhood!
As an experienced realtor, I'm excited to take you on a tour of this beautiful home, which boasts an unbeatable location and top-notch amenities. With the listing MLS(R) R3063561, you'll be just steps away from the best that Vancouver has to offer.
Education
Let's start with the importance of education. Lord Kitchener Elementary School is a highly-rated institution (6.9/10) that's conveniently located just 0.4 km from 3706 W King Edward Avenue. This school is a beloved choice for families in the area, and its proximity to your new home makes it an ideal option for your little ones. Additionally, Lord Byng Secondary School (No Rating) is also nearby, with a distance of 1.05 km from the property.
For those seeking a higher level of education, Immaculate Conception School (Rating 8.8/10) is an excellent independent elementary school just 0.27 km from your front door. St George's School (Rating 10/10) is another outstanding independent secondary school located 0.93 km from the property.
Safety
As a concerned homeowner, you'll appreciate the low crime rate in this neighborhood. According to Statistics Canada's 2020 report, the overall crime rate near 3706 W King Edward Avenue, Vancouver, BC is 7,470.82, which is Average compared to other Canadian cities. The year-over-year change in the total crime rate is -14.94%. This means that you can enjoy peace of mind in this safe and secure community.
Demographics
The demographics of this neighborhood are an attractive feature of the area. With 52.6% of residents holding a university certificate or degree, this community values education and has a highly educated population. In fact, this is High compared to other BC neighborhoods. Additionally, 10.2% of residents in this area have no certificate or degree, which is Low compared to the average in BC.
Transit
Getting around Vancouver is easy with the Southbound Dunbar St @ W King Edward Ave bus station just 0.11 km from your new home. This convenient location makes it simple to commute to work, school, or explore the city.
Lifestyle Amenities
The Dunbar neighborhood offers a wide range of lifestyle amenities that cater to all tastes and preferences. You'll find beautiful parks, beaches, and trails just a short walk or drive away from 3706 W King Edward Avenue. The nearby shopping malls, grocery stores, restaurants, and coffee shops provide endless options for dining, entertainment, and shopping.
Real Estate Context
The real estate market in this area is highly desirable, with an average dwelling value of $2,729,934. This is High compared to other areas in British Columbia. The average owner payments are also High, with homeowners spending an average of $2,289 per month on their dwellings. Tenants in the area are paying $1,693 per month on average, which is also High compared to other cities.
Community
This neighborhood is a wonderful place to call home, with a strong sense of community and a diverse population. The average age of the population is 40.9 years, which is Average compared to other BC cities. The average size of families in the area is 3, which is Above Average. The percent of families with children is 70.1%, which is High, and the percent of married or living common law is 58.7%, which is Average.
Unemployment Rate
The unemployment rate in this area is 5.7%, which is Below Average compared to other province neighborhoods. This means that the local economy is thriving, and you can expect a high level of employment opportunities.
Population Growth
The population growth in this area between 2011 and 2016 was 0.1%, which is Average compared to the average growth rate of this region. This suggests a stable and growing community.
Transportation
The transportation options in this area are excellent, with 22.5% of the population using public transport, which is Above Average. 62.8% of the population uses cars, which is Low. 6.7% of the population uses bicycles, which is High, and 5.7% of the population walks, which is Above Average.
In conclusion, 3706 W King Edward Avenue, Vancouver, BC (MLS(R) R3063561) is an exceptional property that offers an unbeatable combination of location, amenities, and community. With its highly rated schools, low crime rate, and desirable demographics, this home is a great choice for families, professionals, and anyone looking for a safe and secure place to call home.
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