550 E 55th Ave, Vancouver, BC | MLS^® R3032955 Property Details

7.5% price reduction

Solid 2926 sq.ft. European built home with 6 bedrooms (each 100 sq.ft. plus) and 3 bathrooms located in South Vancouver on a 49.5x108 lot. Schools, public transportation, community centre, grocery stores and restaurants are just minutes away. This spacious split level home features two unique and beautiful curved stone fireplaces up and down, with a vaulted ceiling made of gorgeous cedar in the living room. Large downstairs rec room is great for multi-use purposes. The large 901 sq. ft. South facing deck, which covers a 3 car carport, is perfect for leisure, entertaining and/or can be a gardener's delight. This home comes with ample storage space, both inside and out. Lots of potential - a must see. Video: https://youtu.be/9s3uyJ5itFo

General Info

Price $1,999,900

Total Bedrooms 6

Total Bathrooms 3

Half Bathrooms 0

Floor Area Total (sqft) 2926

Lot Size 5346

Lot Size Depth Feet

Lot Size Frontage 49.5

Basement Finished, Unfinished

Basement Features BasementFeatures

Property Metrics

Year Built 1977

Age Of Building 48

Building Type Single Family Residence

Property Type Residential

Architecture Style Split Entry

Stories 2

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R3032955

Area Vancouver East

Neighbourhood South Vancouver

City Vancouver

Gross Taxes $9,171.37

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Shopping Nearby

Fixtures Included -

Heating & Cooling

Fireplace 2

Heating Type Forced Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer

Water (WaterSource) Public

Parking

Parking Type Carport Multiple, Rear Access, Concrete

Total Parking Spaces 3

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Strata Restrictions -

Rental Restrictions -

Zoning R1-1

Rental Suites None

# of Kitchens 1

Flooring Mixed

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Exterior Features Balcony

Sewer Public Sewer

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	19'4 x 19'4 ft
Main Level	Dining Room	10'11 x 10'11 ft
Main Level	Kitchen	11'7 x 11'7 ft
Main Level	Nook	16'11 x 16'11 ft
Main Level	Primary Bedroom	12'11 x 12'11 ft
Main Level	Bedroom	12'3 x 12'3 ft
Main Level	Bedroom	11'10 x 11'10 ft
Below	Living Room	18'10 x 18'10 ft
Below	Dining Room	14'1 x 14'1 ft
Below	Primary Bedroom	12'3 x 12'3 ft
Below	Bedroom	12'3 x 12'3 ft
Below	Bedroom	12'3 x 12'3 ft
Below	Utility	12'0 x 12'0 ft
Below	Storage	7'5 x 7'5 ft
Below	Workshop	9'8 x 9'8 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#3
Main Level	No	#4
Below	No	#3

Listed by: Homeland Realty

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

1.52 km

Elementary

John Henderson Elementary School

Below Average

0.42 km

2.9/10

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

Private Schools

Elementary

St. Andrew's

0.92 km

Secondary

Royal Canadian College

2.23 km

Closest Transit

Bus Stop

Southbound Fraser St @ E 55 Ave

0.22 km

Skytrain

Skytrain @ Langara-49Th Stn

1.81 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 this charming neighborhood in Vancouver, BC, where community spirit and outdoor recreation come together in perfect harmony. Let me guide you through the highlights of this fantastic area, which is home to the MLS listing # R3032955 at 550 E 55th Avenue.

Education

We're proud to say that this neighborhood is serviced by John Henderson Elementary School, a highly-rated institution with a 2.9/10 rating, located just 0.42 km from the property with listing MLS# R3032955. This school has earned its reputation for providing an excellent education to its students. Just down the road, you'll also find John Oliver Secondary School, with a No Rating, situated 1.52 km from this home for sale. For those seeking an independent education, St. Andrew's Elementary School is a short 0.92 km away, with a No Rating, while Royal Canadian College Secondary School is 2.23 km from this address, also with a No Rating.

Safety

According to the latest crime data from Statistics Canada (2020), this neighborhood has an average crime rate of 7,470.82, which is typical of urban areas. However, it's essential to note that the overall crime rate has decreased by 14.94% year-over-year. When it comes to specific crimes, the neighborhood has an average rate of drug-related offenses, with 229.49 incidents per 100,000 population. Property crimes are above average, with 5,020.27 incidents per 100,000 population. On a positive note, violent crime rates are below average, with 1,311.69 incidents per 100,000 population.

Lifestyle and Amenities

This neighborhood is a haven for outdoor enthusiasts, with numerous parks, beaches, and trails nearby. You'll find the Southbound Fraser St @ E 55 Ave bus station just 0.22 km away from the property with listing MLS# R3032955, making it an ideal location for commuters. If you're looking for shopping and dining options, this area has plenty to offer, with several grocery stores, restaurants, and coffee shops within walking distance.

Demographics and Real Estate

As of the 2016 census, 28.6% of the population in this neighborhood holds a university certificate or degree, which is above average compared to other BC neighborhoods. On the other hand, 18.7% of the population has no certificate or degree, which is average compared to the rest of the province. The median household income in this area is $63,334, which is average compared to British Columbia. Median personal income is $24,647, which is lower than the BC average. The percentage of households with a mortgage is 42.6%, which is lower than average.

Commuting and Transportation

Unemployment rates in this area are 6.4%, which is below average compared to other BC neighborhoods. Population growth between 2011 and 2016 was -0.5%, which is below average. The population density per square kilometer is 4,207.5, which is high. Average family size in this area is 3, which is above average. The percentage of families with children is 69.8%, which is high. However, the percentage of married or living common law individuals is 54.4%, which is below average.

Real Estate Context

The average value of dwellings in this neighborhood is $1,420,312, which is high compared to other areas in British Columbia. Average owner payments are above average, with $1,550 spent on average for each dwelling. Tenants, on the other hand, pay an average of $1,086 per month. The percentage of renters in this area is 44.4%, which is above average compared to other BC cities.

In conclusion, this neighborhood offers an excellent balance of community spirit, outdoor recreation, and convenient amenities. As a trusted realtor, I'm excited to show you around this fantastic area and answer any questions you may have about the property with listing MLS# R3032955 at 550 E 55th Avenue.