7160 Inverness St, Vancouver, BC, MLS® R2959122

$2,650,000
Est. Mortgage /mo

Closed

$2,750,000
Closed at 30 May 2025
Listing price: $2,650,000
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
5 Beds
2 Baths
2 Stories
lot 8199 sqft
2420 sqft
1954 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

7160 Inverness St, Vancouver, BC | MLS® R2959122 Property Details

Don't Miss this Huge Development Opportunity on this Huge 8199 Square Foot Lot. Quiet Street with lane access in the Heart of South Vancouver. Walking distance to everything. Solid older home needs TLC. H/W floors on the main with 3 bedrooms and 1 bath upstairs and potential for re-finishing downstairs. R1-1 Zoning allows for multiple options to develop a multiple unit Dwelling on the property. 59 Feet of Frontage and 138.98 Feet of Depth allows loads of space for development. Now is the Time !! Public

General Info

Price $2,650,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2420
Lot Size 8199.82
Lot Size Depth Feet
Lot Size Frontage 59
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1954
Age Of Building 71
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2959122
Area Vancouver East
Neighbourhood South Vancouver
City Vancouver
Gross Taxes $10,034.6
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

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, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Detached, Open, Front Access, Lane Access
Total Parking Spaces 0

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

Property History

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Status Date Price
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Listed by: RE/MAX Crest 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

Secondary
David Thompson Secondary School
0.73 km
Elementary
Walter Moberly Elementary School
Average
0.5 km
5.8/10

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

Private Schools

Elementary
Qawsain Knowledge House
1.05 km
Secondary
Vancouver Formosa Academy
2.94 km

Closest Transit

Bus Stop
Southbound Knight St @ E 57 Ave
0.24 km
Skytrain
Skytrain @ Langara-49Th Stn
2.74 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

7160 Inverness Street is serviced by Walter Moberly Elementary School. The property with listing MLS® R2959122 is located 0.5 km from the school. Walter Moberly Elementary School has a rating of Rating 5.8/10.

This home with address 7160 Inverness Street, Vancouver, BC is also serviced by David Thompson Secondary School and located 0.73 km from it. David Thompson Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 7160 Inverness Street is Qawsain Knowledge House with School's rating No Rating, located 1.05 km from this home.

The closest to this address 7160 Inverness Street Secondary independent school is Vancouver Formosa Academy with School's rating No Rating, located 2.94 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 - 7160 Inverness Street, 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® R2959122 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 7160 Inverness Street are Above Average. Property misconduct rating adjacent to MLS® R2959122 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 Knight St @ E 57 Ave in 0.24 km away from this listing with - MLS® R2959122.

18.3% of people with university certificate/degree live in this neighbourhood adjacent to the 7160 Inverness Street which is Average in comparison with other BC neighbourhoods. 24.6% of population in this neighbourhood that is near the Listing MLS® R2959122 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 7160 Inverness Street, Vancouver, BC is $63872 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2959122 is $24149 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 52.7% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2959122 is 4.8 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 7160 Inverness Street South Vancouver where population change between 2011 and 2016 was 0.7%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 7160 Inverness Street, Vancouver, BC is 7983.7 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 7160 Inverness Street is 3.1. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2959122 is 75.2% and it is High. % of Married or living common law is around 53.7% and it is Below Average.

Average age of the population close to the 7160 Inverness Street is 40.3 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 7160 Inverness Street, Vancouver, BC is $1480765 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 7160 Inverness Street. $1669 owners spent in average for the dwelling. Tenants are paying $1022 in this district close to MLS® R2959122 and it is Average comparing to other cities.

45% of Population in this district near the 7160 Inverness Street are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 7160 Inverness Street, Vancouver, BC is 3.3%, it is Low, % of English speakers only is 87.2% and Below Average. % of French speakers adjacent to 7160 Inverness Street only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 7160 Inverness Street, Vancouver, BC is 9.3% and it is High comparing to other BC cities.

31.2% of all population in the area around this property with the address 7160 Inverness Street, Vancouver, BC using Public Transport which is High, 63.2% of using population are using Cars around MLS® R2959122, which is Low. 1.8% of people using Bicycles around the 7160 Inverness Street and it is Above Average. 2.5% of population are walking which is Below Average

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 $2,650,000
Vancouver $2,550,322
South Vancouver $1,850,000
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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