5263 Wales St, Vancouver, BC, MLS® R3086032

$1,524,900
Est. Mortgage /mo

NEW 63.26% cheaper than comparables

$1,524,900
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
5 Beds
2 Baths
2 Stories
lot 3920 sqft
2321 sqft
1975 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

5263 Wales St, Vancouver, BC | MLS® R3086032 Property Details

63.26% cheaper than comparables

**2-3bdrm Above Ground SUITE** Welcome to 5263 Wales St, Just across from Norquay Park, down the treelined street, leads to a cherished family home. The original home was built in 1947 & in 1975, the owner raised the home and added the lower level, which makes this home perfect for multi-generational families or just a keen investor capitalizing on the potential rental income, as it is essentially a duplex, & the 5th bdrm could be used for either up or downstairs! The exterior of the home offers the Greek Revival design, which speaks to the interior, where you will find finishes like marble, granite and tile. The lower level has been renovated and offers newer flooring, an updated bathroom, and many other updates. Just off the kitchen offers you a large solarium. Call for a private tour!

General Info

Price $1,524,900
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2321
Lot Size 3920.4
Lot Size Depth Feet
Lot Size Frontage 33
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1975
Age Of Building 51
Building Type Single Family Residence
Property Type Residential
Architecture Style Basement Entry
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3086032
Area Vancouver East
Neighbourhood Collingwood VE
City Vancouver
Gross Taxes $7,715.91
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace -
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Open, RV Access/Parking, Rear Access
Total Parking Spaces 3

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Strata Restrictions -
Rental Restrictions -
Zoning RM-9A
Rental Suites Other,Unauthorized Suite
Laundry In Unit
# of Kitchens 2
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter
Interior Features Storage
Locker -
View 1
View Description Mountains & Park
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Pathway Executives Realty Inc.

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
1.48 km
Elementary
G. T. Cunningham Elementary School
Average
0.41 km
5.8/10

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

Private Schools

Elementary
Corpus Christi School
1.24 km
10/10
Excellent
Secondary
Vancouver Formosa Academy
0.54 km

Closest Transit

Bus Stop
Eastbound Kingsway @ Wales St
0.21 km
Skytrain
Skytrain @ 29Th Av Stn
0.93 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 5263 Wales Street, a charming home in the heart of Vancouver, BC

As we step into this beautiful property with MLS® R3086032, I'm excited to share with you the many wonderful features that make this home a dream come true. Located in the vibrant neighborhood of Vancouver, BC, this home is surrounded by excellent schools, safe communities, and a plethora of lifestyle amenities.

Excelling Schools

The property is serviced by G. T. Cunningham Elementary School, a highly-rated institution with a rating of 5.8/10. This school is just a 0.41 km walk from the property, making it an ideal choice for families with kids. Additionally, Gladstone Secondary School is also nearby, located just 1.48 km from the property.

For those looking for alternative education options, the closest independent elementary school is Corpus Christi School, with a rating of 10/10 and located just 1.24 km away. Meanwhile, the closest independent secondary school is Vancouver Formosa Academy, with a rating of No Rating and located just 0.54 km from the property.

Safe and Secure

According to the latest crime data from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. The rate of violent crimes is Below Average, standing at 1,311.69, and the rate of property crimes is Above Average, with a rating of 5,020.27.

Thriving Community

This neighborhood is home to a diverse population, with 22.5% of residents holding a university certificate or degree, which is Above Average in comparison to other BC neighborhoods. Meanwhile, 21.9% of the population has no certificate or degree, also Above Average compared to the average in BC.

Convenient Transit

The closest bus station is Eastbound Kingsway @ Wales St, located just 0.21 km away from the property with MLS® R3086032. This makes it easy to get around the city without a car.

Affordable Living

The median household income in this neighborhood is $65,067, which is Average compared to the British Columbia average. Meanwhile, the median personal income is $24,461, which is Low compared to the BC average. The percentage of households with a mortgage is 44.7%, which is Low.

Thriving Economy

The unemployment rate in this area is 5.7%, which is Below Average compared to other province neighborhoods.

Growing Community

This neighborhood has seen a significant growth in population between 2011 and 2016Standing at 10.3%, which is High compared to the average growth rate of this region.

Lifestyle Amenities

This property is located in a vibrant neighborhood with plenty of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The average value of dwellings in this neighborhood is $1,364,160, which is High compared to other areas in British Columbia.

Owner and Tenant Statistics

The average owner payments in this area are Above Average, with owners spending an average of $1,334 on their dwellings. Meanwhile, tenants are paying an average of $1,143, which is also Above Average compared to other cities.

Language and Transportation

The majority of the population in this area speaks English only, with 82% of residents speaking English. Meanwhile, 14.6% of the population speaks neither English nor French, which is High compared to other BC cities.

Getting Around

This neighborhood is well-connected, with 34.6% of the population using public transport, which is High. Meanwhile, 61% of residents use cars, which is Low, and 1.1% of residents use bicycles, which is Average.

In conclusion, 5263 Wales Street is a fantastic property in a vibrant neighborhood with excellent schools, safe communities, and plenty of lifestyle amenities. With its convenient transit options and affordable living, this property is an ideal choice for families, professionals, and anyone looking to live in a thriving community.

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 $1,524,900
Vancouver $2,005,667
Collingwood VE $2,453,000
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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