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
Property Metrics
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 11'2 x 11'2 ft |
| Main Level | Kitchen | 10'0 x 10'0 ft |
| Main Level | Dining Room | 10'0 x 10'0 ft |
| Main Level | Primary Bedroom | 10'2 x 10'2 ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Above Level | Living Room | 13'1 x 13'1 ft |
| Above Level | Kitchen | 11'01 x 11'01 ft |
| Above Level | Primary Bedroom | 10'2 x 10'2 ft |
| Above Level | Bedroom | 10' x 10' ft |
| Above Level | Bedroom | 10' x 10' ft |
| Above Level | Other | 0' x 0' ft |
| Above Level | Other | 0' x 0' ft |
| Above Level | Other | 0' x 0' ft |
| Main Level | Other | 0' x 0' ft |
| Main Level | Other | 0' x 0' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Above Level | Yes | #5 |
| Above Level | No | #5 |
| Main Level | No | #5 |
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.
Private Schools
Closest Transit
Noise/ Power Lines
Other
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.
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