5078 Main St, Vancouver, BC, MLS® R3071084

$2,888,000
Est. Mortgage /mo

Motivated Sellers, 42.2% price reduction

$2,888,000
$4,999,000
Est. Mortgage /mo
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
6 Beds
3 Baths
2 Stories
lot 3696 sqft
2357 sqft
1986 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

5078 Main St, Vancouver, BC | MLS® R3071084 Property Details

Motivated Sellers
42.2% price reduction

WOW !!! Attention Builders and Investors! Very Solid and livable House: Great location in the Heart of East Vancouver. One minute Life Circle, Long Term Holding. BUILDING LOT ZONED FOR A RENTAL/ RESIDENTIAL BUILDING. Nearby Schools: General Brock Elementary School, Sir William Van Horne Elementary School, John Oliver Secondary School, Eric Hamber Secondary School, and more. Other Nearby Oakridge Centre, BC Children's Hospital, Queen Elizabeth Park, Bon Cafe, and more. Potential for rezoning to an apartment. Great Investment Chance, Motivated seller, Try offers. ACT NOW IF YOU ARE SMART BUYERS!

General Info

Price $2,888,000
Total Bedrooms 6
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2357
Lot Size 3696
Lot Size Depth Feet
Lot Size Frontage 33
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1986
Age Of Building 39
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Recreation Facilities
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3071084
Area Vancouver East
Neighbourhood Main
City Vancouver
Gross Taxes $7,629.62
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Retirement Community, Shopping Nearby
Amenities Nearby Recreation Facilities

Heating & Cooling

Fireplace 1
Heating Type Electric, Forced Air
Cooling Central Air

Utilities

Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Double, Rear Access, Paver Block, Garage Door Opener
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning RS1
Rental Suites None
Laundry In Unit
# of Kitchens 2
Flooring Hardwood, Laminate
Foundation Concrete Perimeter
Interior Features Storage
Locker -
View 1
View Description PARK MOUNTAIN VIEW
Units In Development -
Exterior Features Garden, Playground, Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Concrete

Property History

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Status Date Price
Show more

Listed by: Royal Pacific Realty (Kingsway) 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
John Oliver Secondary School
0.9 km
Elementary
General Brock Elementary School
Average
0.27 km
6.6/10

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

Private Schools

Elementary
St. Andrew's
1.39 km
Secondary
King David High School
1.73 km

Closest Transit

Bus Stop
Southbound Main St @ E 33 Ave
0.12 km
Skytrain
Skytrain @ Oakridge-41St 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

Welcome to 5078 Main Street, a charming neighborhood in the heart of Vancouver, BC, where the MLS listing R3071084 awaits your arrival. As we step into this vibrant community, let's explore the attractions that make it a sought-after address.

Excellent Education Options

Just down the road from this beautiful home, you'll find General Brock Elementary School, rated 6.6/10, and located a mere 0.27 km away. This school is a staple in the community, providing a nurturing environment for young minds. Furthermore, John Oliver Secondary School, with a No Rating, is situated 0.9 km from this property, offering students a seamless transition to secondary education. For those seeking independent education, St. Andrew's Elementary and King David High School are just a short distance away, with ratings of No Rating.

Safe and Secure Neighborhood

Let's talk about the safety of this neighborhood. According to the latest crime statistics from Statistics Canada (2020), the overall crime rate near 5078 Main Street is 7,470.82, which is Average compared to other Canadian cities. The neighborhood boasts an Average rate of drug-related offenses, with a rating of 229.49 and 1,604 incidents in 2020. Property crimes are also a concern, with an Above Average rating of 5,020.27 and 35,089 incidents in 2020. However, the violent crime rate is Below Average, with 1,311.69 incidents in 2020. With a focus on community policing and a strong sense of neighborhood watch, this area is considered a safe and secure place to live.

Convenient Transit Options

Just a short walk from this property, you'll find the Southbound Main St @ E 33 Ave bus station, conveniently located 0.12 km away. This provides easy access to public transportation, making it simple to get around Vancouver without a car.

Thriving Community

This neighborhood is home to a diverse population, with 40.7% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. The median household income is $70,617, which is Average in comparison to the British Columbia average. The median personal income is $33,227, also Average. Interestingly, 42.8% of households in this area have a mortgage, which is Low compared to other neighborhoods.

Unemployment and Growth

The unemployment rate in this area is 4.9%, which is Low compared to other provinces. The population growth rate between 2011 and 2016 was 0.7%, which is Average in comparison to the region's average growth rate.

Average Family Size and Age

The average family size in this area is 2.8, which is Below Average compared to the region. However, 62.4% of families in this neighborhood have children, which is Above Average. The average age of the population is 44.9, which is Above Average in comparison to other BC cities.

Affordable Housing

The average value of dwellings in this neighborhood is $1,806,306, which is High compared to other areas in British Columbia. The average owner payments are also High, with $1,661 spent on average for a dwelling. Tenants, on the other hand, pay $1,253 on average, which is Above Average.

Rent and Ownership

38.4% of the population in this area are renters, which is Above Average compared to other BC cities. The average ownership percentage is 61.6%.

Language and Transportation

The neighborhood is predominantly English-speaking, with 83.9% of residents speaking only English, which is Below Average. 9% of the population speaks both English and French, which is Average. Interestingly, 7.1% of residents speak neither English nor French, which is High compared to other BC cities.

Transportation Options

30.7% of the population in this area uses public transportation, which is High. 59.7% of residents use cars, which is Low. 5.7% of residents use bicycles, which is High, and 2.5% of residents walk, which is Below Average.

As we explore the neighborhood surrounding 5078 Main Street, MLS listing R3071084, it's clear that this area offers a unique blend of education, safety, convenience, and community. Whether you're a young family or an individual looking for a vibrant place to call home, this neighborhood has something to offer.

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 $2,888,000
Vancouver $1,912,555
Main $2,761,667
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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