690 Fraser Ave, Hope, BC, MLS® R3077030

$1,199,000
Est. Mortgage /mo

$1,199,000
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
3 Stories
lot 7605 sqft
4145 sqft
1993 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

690 Fraser Ave, Hope, BC | MLS® R3077030 Property Details

Stunning 4-story, 4,145 sq ft property ideal for a bed and breakfast or institutional use. Features a 1-bedroom owner’s suite in the basement, 3 rentable guest suites with ensuites, a kids' bedroom, extra storage, and covered patios with beautiful Fraser River views. Perfect for a care home, nursing home, or shared living hotel B&B. Zoning (C-5): Permits residential and commercial uses near the Central Business District of Hope. Allowed uses include apartment, business/professional office, day care, medical/dental office, motel/motor inn, one family residence, restaurant, retail store, and retail sale of cannabis. Prime investment opportunity in a versatile and easy 2 minute walk to down town shops!

General Info

Price $1,199,000
Total Bedrooms 6
Total Bathrooms 4
Half Bathrooms 1
Floor Area Total (sqft) 4145
Lot Size 7605
Lot Size Depth -
Lot Size Frontage 65
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1993
Age Of Building 33
Building Type Other
Property Type Residential
Stories 3
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3077030
Area Hope & Area
Neighbourhood Hope
City Hope
Gross Taxes $5,136.14
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Additional Parking, Guest
Total Parking Spaces 6

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Strata Restrictions -
Rental Restrictions -
Zoning C-5
Rental Suites -
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View -
View Description Fraser River
Units In Development -
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX Nyda Realty (Hope)

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

Private Schools

Elementary, Secondary
Seabird Island Community School
25.14 km
Elementary, Secondary
Seabird Island Community School
25.14 km

Closest Transit

Bus Stop
Park St farside 3 Ave (EB)
0.15 km
Skytrain
West Coast Express @ Mission City Station
68.07 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 stunning home for sale located at 690 Fraser Avenue in Hope, BC, proudly listed as MLS® R3077030. As we stroll through this charming community, I'm excited to share with you the highlights and insider details that make this neighborhood truly special.

Let's start with the schools. Families love this area because of its proximity to top-rated institutions. The closest Elementary independent school to this home is Seabird Island Community School, rated No Rating, located a scenic 25.14 km away. For Secondary education, Seabird Island Community School is also the closest option, with the same rating and distance.

Now, let's talk about safety. According to Statistics Canada's 2020 report, the neighborhood surrounding 690 Fraser Avenue, Hope, BC, has a crime rate of 22,076.60 incidents per 100,000 population. While this is a higher rate compared to other Canadian cities, it's essential to note that the year-over-year change in the total crime rate is a notable -8.03%. As we walk through the neighborhood, you'll appreciate the peace of mind that comes with knowing this area is taking steps towards a safer community.

In terms of specific crime rates, the area near MLS® R3077030 has a High rate of drug-related offenses, with a rating of 524.25. However, it's reassuring to see that the year-over-year change in this ranking is 21.93%. Property crimes in the neighborhood are also High, with a rating of 10,615.99. Yet, the year-over-year change in this rate is a promising -10.27%. Lastly, the violent crime rate in this area is High, with 3,553.23 incidents per 100,000 population. However, the year-over-year change is a positive -5.27%.

Now, let's explore the local amenities and services. The closest Bus station is Park St farside 3 Ave (EB), just 0.15 km away from this listing with MLS® R3077030. This convenient public transportation option makes it easy to get around the area and access nearby attractions.

As we look at the demographics, you'll notice that 10.4% of the population in this neighborhood, adjacent to 690 Fraser Avenue, holds a university certificate or degree. This is Below Average compared to other BC neighborhoods. However, 23.6% of the population in this area has no certificate or degree, which is Above Average compared to the average in BC.

In terms of income, the median household income near this dwelling with the address 690 Fraser Avenue, Hope, BC, is $51,226, which is Below Average compared to the British Columbia average. The median personal income in this area is $26,471, which is Low compared to the BC average. Moreover, 50.6% of households in this census subdivision have a mortgage, which is Below Average.

Unemployment rates in the area surrounding MLS® R3077030 are 11.2%, which is Above Average compared to other province neighborhoods. However, this may indicate opportunities for growth and development in the local economy.

As we explore the community, you'll notice that the population change between 2011 and 2016 was 3.6%, which is Above Average in comparison to average growth rate of this region. The population density per square kilometre in this community, near the address 690 Fraser Avenue, Hope, BC, is 151, which is Below Average.

Family dynamics are also an essential aspect of this community. The average size of families in the area adjacent to home for sale 690 Fraser Avenue is 2.5, which is Low compared to the whole region. However, 40.2% of families in this neighborhood have children, which is Low. On the other hand, 57.4% of the population in this area is married or living common law, which is Average.

In terms of age demographics, the average age of the population close to 690 Fraser Avenue is 49.3, which is High compared to other BC cities. This may indicate a more mature and established community.

As we discuss the real estate context, you'll notice that the average value of dwellings in this neighborhood, around 690 Fraser Avenue, Hope, BC, is $299,676, which is Below Average compared to other areas in British Columbia. However, the average owner payments are Low in this area, with owners spending an average of $870 for their dwellings. Tenants in this district are paying $848, which is also Below Average compared to other cities.

Lastly, 24.7% of the population in this district, near 690 Fraser Avenue, are renters, which is Average compared to other BC cities and areas. The language spoken in this community includes English and French, with 96% of the population speaking English

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 $1,199,000
Hope No comparables
Hope 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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