NEW 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!
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 11'10 x 11'10 ft |
| Main Level | Living Room | 11'10 x 11'10 ft |
| Main Level | Dining Room | 11'10 x 11'10 ft |
| Main Level | Kitchen | 12'6 x 12'6 ft |
| Main Level | Utility | 5'2 x 5'2 ft |
| Main Level | Bedroom | 12'2 x 12'2 ft |
| Main Level | Bedroom | 12'9 x 12'9 ft |
| Main Level | Primary Bedroom | 12'9 x 12'9 ft |
| Main Level | Solarium | 13'10 x 13'10 ft |
| Main Level | Storage | 8'8 x 8'8 ft |
| Above Level | Bedroom | 9'2 x 9'2 ft |
| Above Level | Bedroom | 12'1 x 12'1 ft |
| Above Level | Recreation Room | 13'8 x 13'8 ft |
| Above Level | Kitchen | 12'2 x 12'2 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Above Level | No | #3 |
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.
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Closest Transit
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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.
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