4868 Commercial St, Vancouver, BC | MLS^® R3076530 Property Details

Rarely available 60-foot frontage on a quiet street! This 60.8 x 108.5 ft (6,580 sq ft) lot offers outstanding potential under Vancouver’s new R1 zoning, allowing for duplex or multiplex development. An ideal canvas for builders and investors. Located in one of Vancouver’s most walkable, family-friendly pockets: a short walk to Lord Selkirk Elementary and Gladstone Secondary, close to Trout Lake, and shopping on Victoria Drive, enjoy a variety of local cafés, groceries, and shopping. Excellent transit access and bike routes nearby.

General Info

Price $1,999,000

Total Bedrooms 3

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 1644

Lot Size 6575.1

Lot Size Depth Feet

Lot Size Frontage 60.6

Basement Partially Finished

Basement Features BasementFeatures

Property Metrics

Year Built 1950

Age Of Building 76

Building Type Single Family Residence

Property Type Residential

Architecture Style Rancher/Bungalow w/Bsmt.

Stories 1

Appliances Included Washer/Dryer, Refrigerator, Stove

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R3076530

Area Vancouver East

Neighbourhood Victoria VE

City Vancouver

Gross Taxes $9,016.83

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Shopping Nearby

Heating & Cooling

Fireplace 1

Heating Type Forced Air, Oil

Utilities

Utility Type Electricity Connected, Water Connected

Utility Sewer Public Sewer, Septic Tank

Water (WaterSource) Public

Parking

Parking Type Carport Single, Rear Access

Total Parking Spaces 2

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Strata Restrictions -

Rental Restrictions -

Zoning R-1

Rental Suites -

# of Kitchens 0

Flooring Mixed

Foundation Concrete Perimeter

Locker -

View Description -

Units In Development -

Exterior Features Balcony

Sewer Public Sewer, Septic Tank

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Bedroom	10' x 10' ft
Main Level	Bedroom	10' x 10' ft
Basement Level	Bedroom	10' x 10' ft

Listed by: Oakwyn Realty Ltd. & 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

Secondary

Gladstone Secondary School

0.98 km

Elementary

Lord Selkirk Elementary School

0.99 km

Elementary

Lord Selkirk Annex

0.62 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

1.71 km

8/10

Excellent

Secondary

Vancouver Formosa Academy

1.73 km

Closest Transit

Bus Stop

Northbound Victoria Dr @ E 33 Ave

0.19 km

Skytrain

Skytrain @ Nanaimo Stn

1.18 km

Noise/ Power Lines

Road/Hwy Noise

Unlikely

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 4868 Commercial Street, Vancouver, BC, MLS^® R3076530

As we stroll through the charming neighborhood of this beautiful property, I'd like to introduce you to the wonderful community surrounding 4868 Commercial Street. This picturesque home, listed under MLS^® R3076530, offers the perfect blend of comfort, convenience, and natural beauty.

Education

Let's start with the schools. The property is conveniently located near Lord Selkirk Elementary School, rated No Rating, just 0.99 km away. My clients have consistently praised this school for its excellent education and community-focused environment. Additionally, Gladstone Secondary School, also rated No Rating, is just 0.98 km from this home, providing easy access for students of all ages.

We also have St. Joseph's School, an excellent choice for families, with a rating of 8/10, located 1.71 km from this property. For secondary education, Vancouver Formosa Academy, with a No Rating, is 1.73 km away, offering a unique and diverse learning experience.

Crime

According to the latest statistics from Statistics Canada (2020), this neighborhood has a crime rate of 7,470.82, which is Average compared to other Canadian cities. This means that residents can enjoy a relatively safe and peaceful environment. The overall crime rate in the area has shown a decrease of -14.94% over the years, further solidifying its reputation as a secure and desirable community.

Demographics

In terms of demographics, this neighborhood is home to a diverse population, with 19.7% of residents holding a university certificate or degree, which is Average compared to other BC neighborhoods. On the other hand, 29% of the population in this area have no certificate or degree, which is High compared to the average in BC.

Transit

Convenience is key, and this property offers easy access to public transportation. The nearest bus station, Northbound Victoria Dr @ E 33 Ave, is just 0.19 km away, making it an ideal choice for commuters.

Lifestyle Amenities

This charming neighborhood boasts a range of lifestyle amenities, including beautiful parks, beaches, and trails. Residents can enjoy a leisurely walk or bike ride along the scenic routes or visit the nearby shopping malls, grocery stores, and restaurants.

Real Estate Context

As for the real estate market, the average dwelling value in this neighborhood is $1,227,296, which is High compared to other areas in British Columbia. The average owner payments are Above Average, with owners spending an average of $1,338 per month on their dwellings. Tenants, on the other hand, pay an average of $1,091 per month, which is also Above Average compared to other cities.

Community Insights

This community is a vibrant and diverse neighborhood, with 71.5% of families with children, making it an excellent choice for families. The average age of the population is 41.1 years, which is Average compared to other BC cities. The average household income is $64,128, which is Average compared to the BC average.

Language and Transportation

In terms of language, 77.7% of the population speaks only English, which is Below Average. However, 35.1% of the population uses public transportation, which is High, while 57.8% use cars, which is Low. 2.7% of the population uses bicycles, which is Above Average, and 3.7% walk, which is Average.

Welcome Home

As we conclude our tour of 4868 Commercial Street, Vancouver, BC, MLS^® R3076530, I hope you've fallen in love with this charming property and its beautiful community. Whether you're a family, a professional, or an individual, this home offers the perfect blend of comfort, convenience, and natural beauty.