5570 Balaclava St, Vancouver, BC, MLS® R3081843

$3,488,000
Est. Mortgage /mo

NEW

$3,488,000
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
4 Beds
2 Baths
2 Stories
lot 12417 sqft
2155 sqft
1927 built
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5570 Balaclava St, Vancouver, BC | MLS® R3081843 Property Details

Classic 3-level home in the heart of Kerrisdale, situated on a rare 66' x 188' level lot - quiet, yet exceptionally convenient. This charming residence offers 4 bedrooms and 2 full bathrooms, with an unfinished high-ceiling basement ready for your renovation and design ideas. Ideally located within walking distance or a short drive to top private and public schools, with easy access to UBC, Richmond, Metrotown, and Downtown Vancouver. Trendy Kerrisdale shops, cafés, and restaurants are just moments away. School catchment: Kerrisdale Elementary and Point Grey Secondary. Call today for more details.

General Info

Price $3,488,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2155
Lot Size 12417.24
Lot Size Depth Feet
Lot Size Frontage 66
Basement Unfinished
Basement Features BasementFeatures

Property Metrics

Year Built 1927
Age Of Building 99
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3081843
Area Vancouver West
Neighbourhood Kerrisdale
City Vancouver
Gross Taxes $16,919.1
Ownership Type Freehold NonStrata
Maintenance Fee -

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 None, Other
Total Parking Spaces 0

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Strata Restrictions -
Rental Restrictions -
Zoning R1-1
Rental Suites None
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX Real Estate Services

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

Elementary
Kerrisdale Elementary School
Above Average
0.14 km
7.6/10
Secondary
Point Grey Secondary School
1.71 km

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

Private Schools

Elementary, Secondary
Crofton House
0.19 km
Elementary, Secondary
Crofton House
0.19 km

Closest Transit

Bus Stop
Eastbound W 41 Ave @ Blenheim St
0.2 km
Skytrain
Skytrain @ Oakridge-41St Stn
4.38 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 the vibrant neighborhood of Kerrisdale, where you'll find the stunning property at 5570 Balaclava Street, Vancouver, BC, listed as MLS® R3081843. As a local realtor with a deep knowledge of this community, I'm excited to share with you the unique features and benefits of this exceptional home.

First, let's talk about the schools. Your children will thrive in the esteemed Kerrisdale Elementary School, which boasts a rating of 7.6/10, located just 0.14 km from your new home. This highly-rated school is just one of the many reasons why families adore this area. Plus, Point Grey Secondary School, another excellent institution, is within a 1.71 km radius. And, for those seeking an independent school experience, Crofton House is just a short 0.19 km away, offering a unique educational environment.

Now, let's discuss the safety of the neighborhood. According to Statistics Canada's 2020 report, this community boasts an average crime rate of 7,470.82 incidents per 100,000 population. While this may seem a bit high, it's essential to note that the overall crime rate is below the Canadian average. You can rest assured that your family will feel safe and secure in this neighborhood.

Regarding demographics, Kerrisdale is a highly educated community, with 54% of residents holding a university certificate or degree, which is significantly higher than the provincial average. Additionally, the median household income in this area is a respectable $111,360, and the median personal income is $39,111, both of which are above the BC averages. This community is also relatively young, with an average age of 42.7 years, which is above the provincial average.

Now, let's talk about lifestyle amenities. You'll love the proximity to local parks, beaches, and trails, which offer endless opportunities for outdoor activities and exploration. The neighborhood is also home to a variety of shopping centers, grocery stores, and restaurants, making it easy to access all the necessities. Plus, with a public transportation system that includes a bus station just 0.2 km away, you'll have no problem getting around the city.

In terms of real estate context, the average value of dwellings in this neighborhood is $3,107,300, which is significantly higher than the BC average. The average owner payments are also high, with owners spending an average of $2,369 per month on their dwellings. Tenants, on the other hand, pay an average of $2,015 per month, which is also relatively high.

Finally, let's discuss the community's dynamics. With 22.3% of the population renting their homes, this community is relatively balanced between owners and renters. The average family size in this area is 3.1, which is above the provincial average, and 70.6% of families have children, making this an excellent choice for families.

As you can see, 5570 Balaclava Street, Vancouver, BC, listed as MLS® R3081843, offers an exceptional blend of safety, education, and lifestyle amenities. This property is a rare find in a highly sought-after neighborhood, and I highly recommend it to anyone seeking a unique and desirable living experience.

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 $3,488,000
Vancouver No comparables
Kerrisdale No comparables
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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