DEVELOPERS & INVESTORS ALERT!To be sold together with 5521 Columbia Street, offering a combined frontage of 98 ft and depth of 115 ft Northwest Corner lot with lane access - Columbia St. & W. 39th Ave. part of PHASE 3 CAMBIE CORRIDOR PLAN approved for development of townhouses 1.2 FSR. Excellent investment and land assembly. House needs TLC but is livable and has 4 bdrms, den, 2 baths and spacious living room and recreation room. Property is walking distance to the Canada Line & Oakridge Mall. One block from Queen Elizabeth Park, Nat Bailey Stadium, Pitch and Putt Golf, Curling, Tennis & numerous walking & bike trails.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 17' x 17' ft |
| Main Level | Dining Room | 11'6 x 11'6 ft |
| Main Level | Kitchen | 15'6 x 15'6 ft |
| Main Level | Bedroom | 13'6 x 13'6 ft |
| Main Level | Bedroom | 11' x 11' ft |
| Main Level | Den | 10' x 10' ft |
| Basement Level | Recreation Room | 36' x 36' ft |
| Basement Level | Bedroom | 15'5 x 15'5 ft |
| Basement Level | Bedroom | 11' x 11' ft |
| Basement Level | Laundry | 14' x 14' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Basement | 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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Imagine yourself walking through the vibrant neighborhood surrounding 5507 Columbia Street, Vancouver, BC, a beautiful property listed as MLS® R3070593. As we stroll down the street, let's start with the local schools that make this area a wonderful place to call home.
For families, Sir Wm Van Horne Elementary School is just a short 0.53 km away, offering a rating of 6.2/10. This school is a great option for kids, and its proximity to the property makes it an attractive feature for families. If you're looking for an elementary independent school, St. Andrew's is another option, located 1.44 km from this home, with a rating of No Rating. For secondary education, King David High School is the closest independent school, with a rating of No Rating and located 0.92 km from this property.
Now, let's talk about the safety of the neighborhood. According to the latest crime data from Statistics Canada (2020), there were 52,217 disturbances in this area, which translates to an overall crime rate of 7,470.82 per 100,000 population. Compared to other Canadian cities, this area has an average crime rate in 2020. It's reassuring to know that the crime rate has decreased by 14.94% year-over-year.
When it comes to specific types of crime, the drug crime rate near MLS® R3070593 is average, with a rating of 229.49 and 1,604 incidents in 2020. The year-over-year change in the illegal substances offences ranking is 1.58%, indicating a stable trend. Property crimes, however, are above average, with a rating of 5,020.27 and 35,089 incidents in 2020. The year-over-year change in the property misconduct rate is -20.80%, showing a decline in property-related crimes.
Violent crimes, on the other hand, are below average, with a rate of 1,311.69 and 9,168 incidents in 2020. The year-over-year change in the violent crime rate is 3.53%, indicating a stable trend.
As we explore the neighborhood, you'll find that the closest Bus station is Westbound W 41 Ave @ Columbia St, just 0.23 km away from this property with MLS® R3070593. This convenient public transportation option makes it easy to get around without a car.
Now, let's take a look at the demographics of the area. According to the latest census data, 40.7% of the population in this neighborhood have a university certificate or degree, which is high compared to other BC neighborhoods. On the other hand, 12.6% of the population have no certificate or degree, which is below average compared to the average in BC.
In terms of income, the median household income near this property with the address 5507 Columbia Street, Vancouver, BC, is $70,617, which is average in comparison to the British Columbia average. The median personal income in the area is $33,227, also average compared to the BC average. Interestingly, 42.8% of households in this census subdivision have a mortgage, which is low.
Unemployment rates in the area are also worth mentioning. The unemployment rate near the real estate listing # R3070593 is 4.9%, which is low compared to other province neighborhoods.
As we explore the community, you'll notice that the population change between 2011 and 2016 was 0.7%, which is average in comparison to the average growth rate of this region. The population density per square kilometre in this community is 2,643.9, which is above average.
In terms of family dynamics, the average size of families in the area is 2.8, which is below average compared to the whole region. However, 62.4% of families in the area have children, which is above average. Interestingly, 54% of the population in the area is married or living common law, which is below average.
The average age of the population in the area is 44.9, which is above average compared to other BC cities. When it comes to real estate, the average value of dwellings in this neighborhood is $1,806,306, which is high compared to other areas in British Columbia.
Renter and owner statistics are also worth mentioning. The average owner payments in the area are high, with owners spending an average of $1,661 per month. Tenants, on the other hand, pay an average of $1,253 per month, which is above average compared to other cities.
Finally, 38.4% of the population in the area are renters, which is above average compared to other BC cities and areas. Language-wise, 9% of the population
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