486 E King Edward Ave, Vancouver, BC | MLS^® R3078667 Property Details

Located in the sought-after Riley Park neighborhood, this spacious 6-bedroom, 2-bathroom home offers 1,801 sq ft of living space across 3 levels. The home features 2 bedrooms on the main, 2 upstairs, and 2 in the basement with a separate entry-perfect for privacy or rental income. Steps to Main Street, Fraser Street and nearby many schools and Queen Elizabeth Park. The 32' x 105' (3,360 sq ft) lot is zoned R1-1, offering great potential for future redevelopment. Build a new single-family home with multiple suites, add a lane-way house, or develop a front-to-back duplexes. Additional Features: Oversized single-car garage (11' x 17') with lane access, and a lovely rear yard with beautiful mature trees.

General Info

Price $1,365,000

Total Bedrooms 7

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 0

Lot Size 3360

Lot Size Depth Feet

Lot Size Frontage 32

Basement Full, Finished, Exterior Entry

Basement Features BasementFeatures

Property Metrics

Year Built 1927

Age Of Building 99

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^® # R3078667

Area Vancouver East

Neighbourhood Fraser VE

City Vancouver

Gross Taxes $6,686.8

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Shopping Nearby

Fixtures Included -

Heating & Cooling

Fireplace 1

Heating Type Forced Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Single, Front Access, Lane Access, Concrete

Total Parking Spaces -

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Strata Restrictions -

Rental Restrictions -

Zoning -

Rental Suites Other

# of Kitchens 0

Flooring Laminate, Tile

Foundation Block

Locker -

View Description -

Units In Development -

Sewer Public Sewer, Sanitary Sewer

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Bedroom	9'10 x 9'10 ft
Main Level	Primary Bedroom	9'10 x 9'10 ft
Main Level	Living Room	15'2 x 15'2 ft
Main Level	Primary Bedroom	17'1 x 17'1 ft
Main Level	Foyer	7'3 x 7'3 ft
Above Level	Bedroom	12'6 x 12'6 ft
Above Level	Bedroom	12'6 x 12'6 ft
Below	Laundry	7'10 x 7'10 ft
Below	Flex Room	9'6 x 9'6 ft
Below	Bedroom	9'2 x 9'2 ft
Below	Bedroom	7'11 x 7'11 ft
Below	Den	9'5 x 9'5 ft
Main Level	Other	11'5 x 11'5 ft

Listed by: Promerita Realty Corp.

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

David Livingstone Elementary School

Average

0.36 km

5.6/10

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

Private Schools

Elementary

St.Patrick's Elementary School

1.39 km

6.5/10

Above Average

Secondary

St.Patrick Regional Secondary School

1.55 km

Closest Transit

Bus Stop

Westbound E King Edward Ave @ St. George St

0.03 km

Skytrain

Skytrain @ King Edward Stn

1.52 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 486 E King Edward Avenue in Vancouver, BC! As your trusted realtor, I'm excited to share with you the unique characteristics of this amazing neighborhood. Let's start with the schools - an essential factor for families.

The property, listed as MLS(R) R3078667, is conveniently located just 0.36 km from David Livingstone Elementary School, which has a rating of 5.6/10. While this rating may not be the highest, families appreciate the school's close proximity and commitment to providing a quality education. If you're looking for an alternative, St. Patrick's Elementary School is just 1.39 km away, boasting a higher rating of 6.5/10.

For secondary education, St. Patrick Regional Secondary School is situated approximately 1.55 km from this address, with a respectable rating of 6.5/10. As a parent, knowing that your child will receive a top-notch education in this community is a huge bonus.

Now, let's talk about safety. According to Statistics Canada's 2020 report, the neighborhood surrounding 486 E King Edward Avenue has an average crime rate of 7,470.82 incidents per 100,000 population. This rate is comparable to other Canadian cities, with a notable decrease of 14.94% in the total crime rate year-over-year.

Breaking it down further, we see that the drug crime rate near MLS(R) R3078667 is average, with a rating of 229.49 and 1,604 incidents reported in 2020. The year-over-year change in the illegal substances offenses ranking is a minimal 1.58%.

Property crimes in the area are above average, with a rating of 5,020.27 and 35,089 incidents reported in 2020. However, the property misconduct rate has seen a significant decrease of 20.80% in the past year.

If safety is a top concern for you, rest assured that the violent crime rate in the neighborhood is below average, with 1,311.69 incidents reported in 2020. This rate has seen a modest increase of 3.53% year-over-year.

As for transportation, the closest bus station, Westbound E King Edward Ave @ St. George St, is just 0.03 km away from this listing with MLS(R) R3078667. With easy access to public transportation, commuting to work or school will be a breeze.

Now, let's dive into the demographics of this vibrant neighborhood. According to the latest data, 43.1% of residents hold a university certificate or degree, which is relatively high compared to other BC neighborhoods. On the other hand, 11.8% of the population has no certificate or degree, which is lower than the average in BC.

The median household income near this dwelling, 486 E King Edward Avenue, Vancouver, BC, is a respectable $89,549, which is above average compared to the British Columbia average. The median personal income is also above average, at $37,818. However, the percentage of households with a mortgage is lower than average, at 51.7%.

Unemployment rates in the area are low, at 5.1%, making it an excellent choice for job seekers. Population growth in the region has been above average, with a 4% increase between 2011 and 2016.

This neighborhood is also characterized by a high population density, with 4,734.6 people per square kilometer. The average size of families in the area is 2.9, which is average compared to the region.

Interestingly, 64.7% of families in this neighborhood have children, making it an excellent choice for young families. However, the percentage of married or living common-law couples is lower than average, at 56.2%. The average age of the population is 39.3 years, which is below average compared to other BC cities.

As for real estate, the average value of dwellings in this neighborhood is a staggering $1,720,455, which is high compared to other areas in British Columbia. Homeowners in the area spend an average of $1,814 per month on mortgage payments, while tenants pay $1,428 per month.

Lastly, 37.9% of the population in this neighborhood are renters, which is above average compared to other BC cities and areas. English and French speakers make up 12.2% of the population, while 83.9% speak only English. Interestingly, 3.9% of the population speaks neither English nor French.

As for transportation, 27.7% of residents use public transport, while 51.1% use cars, which is relatively low. 11.5% of residents use bicycles, and 8.4% walk, both of which are above