5578 Elizabeth St, Vancouver, BC, MLS® R3031592

$4,198,000
Est. Mortgage /mo

10.3% price reduction

$4,198,000
$4,680,000
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
6 Beds
5 Baths
2 Stories
lot 5520 sqft
3937 sqft
2015 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

5578 Elizabeth St, Vancouver, BC | MLS® R3031592 Property Details

10.3% price reduction

Custom-built luxury home located in the highly sought-after Cambie neighborhood. Just steps to Queen Elizabeth Park, Oakridge Centre, the Canada Line, the new Eric Hamber Secondary, and Hillcrest Community Centre. This beautifully crafted residence features top-quality finishings throughout, including air conditioning, HRV system, marble and granite accents, hardwood flooring, Sub-Zero fridge, and a gas cooktop. Impressive 10'6 ceilings on the main floor, 9' ceilings upstairs, and 10' ceilings in the basement create a bright, open atmosphere. The upper level offers three generously sized ensuites. The lower level includes a separate 4-bedroom suite with its own kitchen and laundry for rental. https://my.matterport.com/show/?m=3toZ2PRDPEY&mls=1

General Info

Price $4,198,000
Total Bedrooms 6
Total Bathrooms 5
Half Bathrooms 0
Floor Area Total (sqft) 3937
Lot Size 5520
Lot Size Depth Feet
Lot Size Frontage 48
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 2015
Age Of Building 10
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® # R3031592
Area Vancouver West
Neighbourhood Cambie
City Vancouver
Gross Taxes $15,095.2
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Natural Gas, Radiant
Cooling Air Conditioning

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Triple, Rear Access, Garage Door Opener
Total Parking Spaces 5

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Strata Restrictions -
Rental Restrictions -
Zoning RS-1
Rental Suites -
# of Kitchens 3
Flooring Hardwood, Tile
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: LDG 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

Elementary
Sir Wm Van Horne Elementary School
Average
0.52 km
6.2/10

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

Private Schools

Elementary
St. Andrew's
1.43 km
Secondary
King David High School
0.86 km

Closest Transit

Bus Stop
Westbound W 41 Ave @ Columbia St
0.16 km
Skytrain
Skytrain @ Oakridge-41St Stn
0.35 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 5578 Elizabeth Street in Vancouver, BC, where the charm of this beautiful property is matched by the vibrant community it's a part of. As your trusted realtor, I'm excited to guide you through the highlights of this stunning dwelling, listed with MLS® R3031592.

First, let's talk about the schools. Sir Wm Van Horne Elementary School is just a short 0.52 km away from this property, making it an ideal choice for families. This school boasts a rating of 6.2/10, as per the latest reviews. Just down the road, you'll find St. Andrew's, an elementary independent school with a No Rating, situated 1.43 km from home. If you're looking for a secondary independent school, King David High School is nearby, with a No Rating, just 0.86 km away.

Now, let's take a look at the safety and security of the area. According to the 2020 crime statistics from Statistics Canada, this neighborhood has an overall crime rate of 7,470.82 incidents per 100,000 population, which is Average compared to other Canadian cities. There were 52,217 total disturbances in the area, with a year-over-year change of -14.94%. In terms of drug crime, the rating is Average, with 1,604 incidents reported in 2020, and a year-over-year change of 1.58%. Property crimes, on the other hand, are Above Average, with 35,089 incidents reported, and a year-over-year change of -20.80%. Lastly, violent crime rates are Below Average, with 9,168 incidents reported in 2020, and a year-over-year change of 3.53%.

The closest Bus station is Westbound W 41 Ave @ Columbia St, just 0.16 km away from this listing with MLS® R3031592, making it easy to get around the city.

In terms of demographics, this neighborhood is home to a diverse population. With 40.7% of residents holding a university certificate or degree, this area is High compared to other BC neighborhoods. On the other hand, 12.6% of the population has no certificate or degree, which is Below Average compared to the average in BC.

The median household income in this area is $70,617, which is Average compared to the British Columbia average. The median personal income 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 this area are Low, clocking in at 4.9%, compared to other province neighborhoods. This is a great sign for potential residents looking for job opportunities.

The population change between 2011 and 2016 was 0.7%, which is Average compared to average growth rate of this region. The population density per square kilometre in this community is 2643.9, which is Above Average.

When it comes to family dynamics, the average family size in this area is 2.8, which is Below Average compared to the whole region. However, 62.4% of families in this neighborhood have children, which is Above Average.

The average age of the population in this area is 44.9, which is Above Average compared to other BC cities. As for the average value of dwellings in this neighborhood, it's a whopping $1,806,306, making it High compared to other areas in British Columbia.

In terms of housing costs, average owner payments are High in this area, with $1,661 spent on average per dwelling. Tenants, on the other hand, pay an average of $1,253 per month, which is Above Average compared to other cities.

A total of 38.4% of the population in this district are renters, which is Above Average compared to other BC cities and areas. As for language, 9% of the population speaks both English and French, making it Average. However, 83.9% of the population speaks only English, which is Below Average.

Lastly, 30.7% of the population in this area uses public transport, which is High. On the other hand, 59.7% of residents use cars, which is Low. 5.7% of the population uses bicycles, which is High, and 2.5% of residents walk, which is Below Average.

In conclusion, 5578 Elizabeth Street is a fantastic property in a vibrant neighborhood, with a diverse range of amenities and services within walking distance. With its excellent schools, safe community, and convenient location, this property is sure to appeal to families and individuals alike. As your trusted realtor, I'm excited to help you make this property your dream home. Contact me today to

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 $4,198,000
Vancouver $5,307,000
Cambie 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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