588 E 55th Ave, Vancouver, BC | MLS^® R2860946 Property Details

Discover an exceptional investment opportunity in the heart of South Vancouver! This well-maintained 5-bedroom, 3-bathroom family home offers incredible potential, located just steps away from Langara College, Sunset Park, and the Community Centre. With new R1-1 zoning, envision your dream home or multiplex on this prime lot. Recent updates including a new furnace, on-demand hot water, renovated ensuite, new roof, and back stairs ensure comfort and convenience. Complete with a double car garage, this property is a developer's dream. Don't wait— schedule your private viewing today and seize this opportunity!

General Info

Price $1,822,000

Total Bedrooms 5

Total Bathrooms 3

Half Bathrooms 0

Floor Area Total (sqft) 2351

Lot Size 3678.86

Lot Size Depth Feet

Lot Size Frontage 34

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1980

Age Of Building 44

Building Type Single Family Residence

Property Type Residential

Stories 2

Appliances Included Washer/Dryer, Refrigerator, Stove

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R2860946

Area Vancouver East

Neighbourhood South Vancouver

City Vancouver

Gross Taxes $6,724.61

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, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Double, Rear Access, Asphalt

Total Parking Spaces 2

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Strata Restrictions -

Rental Restrictions -

Zoning R1-1

Rental Suites -

# of Kitchens 1

Flooring Laminate, Carpet

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

Rooms

Floor	Type	Dimensions
Main Level	Living Room	17'2 x 17'2 ft
Main Level	Dining Room	10'0 x 10'0 ft
Main Level	Bedroom	10'6 x 10'6 ft
Main Level	Bedroom	10'6 x 10'6 ft
Main Level	Eating Area	8'7 x 8'7 ft
Main Level	Kitchen	10'0 x 10'0 ft
Main Level	Primary Bedroom	11'0 x 11'0 ft
Main Level	Walk-In Closet	5'10 x 5'10 ft
Below	Recreation Room	16'5 x 16'5 ft
Below	Bedroom	10'4 x 10'4 ft
Below	Bedroom	10'4 x 10'4 ft
Below	Flex Room	10'1 x 10'1 ft
Below	Laundry	10'1 x 10'1 ft

Bathrooms

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

Listed by: FaithWilson Christies International Real Estate

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

1.44 km

Elementary

John Henderson Elementary School

Below Average

0.36 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

0.85 km

Secondary

Royal Canadian College

2.32 km

Closest Transit

Bus Stop

Southbound Fraser St @ E 55 Ave

0.15 km

Skytrain

Skytrain @ Langara-49Th Stn

1.83 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

588 E 55th Avenue is serviced by John Henderson Elementary School. The property with listing MLS^® R2860946 is located 0.36 km from the school. John Henderson Elementary School has a rating of Rating 2.9/10.

This home with address 588 E 55th Avenue, Vancouver, BC is also serviced by John Oliver Secondary School and located 1.44 km from it. John Oliver Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 588 E 55th Avenue is St. Andrew's with School's rating No Rating, located 0.85 km from this home.

The closest to this address 588 E 55th Avenue Secondary independent school is Royal Canadian College with School's rating No Rating, located 2.32 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 588 E 55th Avenue, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS^® R2860946 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 588 E 55th Avenue are Above Average. Property misconduct rating adjacent to MLS^® R2860946 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Southbound Fraser St @ E 55 Ave in 0.15 km away from this listing with - MLS^® R2860946.

28.6% of people with university certificate/degree live in this neighbourhood adjacent to the 588 E 55th Avenue which is Above Average in comparison with other BC neighbourhoods. 18.7% of population in this neighbourhood that is near the Listing MLS^® R2860946 have no certificate or degree. This number is Average compared to the average in BC.

Median Household Income near this dwelling with the address 588 E 55th Avenue, Vancouver, BC is $63334 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS^® R2860946 is $24647 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 42.6% which is Low.

Unemployment rate in the area around Real Estate Listing # R2860946 is 6.4 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 588 E 55th Avenue South Vancouver where population change between 2011 and 2016 was -0.5%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 588 E 55th Avenue, Vancouver, BC is 4207.5 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 588 E 55th Avenue is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS^® R2860946 is 69.8% and it is High. % of Married or living common law is around 54.4% and it is Below Average.

Average age of the population close to the 588 E 55th Avenue is 41 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 588 E 55th Avenue, Vancouver, BC is $1420312 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 588 E 55th Avenue. $1550 owners spent in average for the dwelling. Tenants are paying $1086 in this district close to MLS^® R2860946 and it is Average comparing to other cities.

44.4% of Population in this district near the 588 E 55th Avenue are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 588 E 55th Avenue, Vancouver, BC is 4.3%, it is Below Average, % of English speakers only is 87.1% and Below Average. % of Neither English nor French speakers close to home for sale 588 E 55th Avenue, Vancouver, BC is 8.6% and it is High comparing to other BC cities.

35.2% of all population in the area around this property with the address 588 E 55th Avenue, Vancouver, BC using Public Transport which is High, 57.3% of using population are using Cars around MLS^® R2860946, which is Low. 2.5% of people using Bicycles around the 588 E 55th Avenue and it is Above Average. 3.9% of population are walking which is Average

588 E 55th Ave, Vancouver, BC, MLS^® R2860946