Motivated Sellers
Investor & Builder Alert! Outstanding almost 7,900 SQFT lot in desirable South Vancouver with subdivision potential into two generously sized lots and the opportunity for an 8-unit multiplex development. Situated on the high side of the street, the property offers unobstructed southern views overlooking Richmond and the Fraser River. The solid, well-maintained home features two separate basement suites, which is ideal as a holding investment during your design and permitting phase. Enjoy unbeatable access to Fraser Street, Main Street, 49th Ave, and the Punjabi Market, placing shopping, transit, parks, and vibrant community amenities right at your doorstep. A rare offering that combines location, scale, and future potential. Suites rented for $5000. $250K UNDER BCA! Motivated Seller!
General Info
Property Metrics
Additional Details
Heating & Cooling
Utilities
Parking
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 8'9 x 8'9 ft |
| Main Level | Living Room | 20'9 x 20'9 ft |
| Main Level | Dining Room | 21'10 x 21'10 ft |
| Main Level | Kitchen | 21'1 x 21'1 ft |
| Main Level | Primary Bedroom | 16'6 x 16'6 ft |
| Main Level | Bedroom | 12'3 x 12'3 ft |
| Main Level | Bedroom | 15'8 x 15'8 ft |
| Main Level | Bedroom | 9'6 x 9'6 ft |
| Below | Patio | 7'4 x 7'4 ft |
| Below | Living Room | 13'7 x 13'7 ft |
| Below | Dining Room | 7'6 x 7'6 ft |
| Below | Kitchen | 12'1 x 12'1 ft |
| Below | Bedroom | 9'8 x 9'8 ft |
| Below | Bedroom | 10'9 x 10'9 ft |
| Below | Kitchen | 8'9 x 8'9 ft |
| Below | Bedroom | 14'0 x 14'0 ft |
| Below | Bedroom | 14'0 x 14'0 ft |
| Below | Bedroom | 14'0 x 14'0 ft |
| Below | Bedroom | 13'2 x 13'2 ft |
| Below | Bedroom | 8'6 x 8'6 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #3 |
| Main Level | No | #3 |
| Below | No | #4 |
| Below | No | #4 |
| Below | No | #3 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Noise/ Power Lines
Other
Welcome to this vibrant neighborhood in South Vancouver! As we walk through the charming streets of 753 E 55th Avenue, you'll discover a community that offers the perfect blend of convenience, amenities, and small-town charm. Let me share with you some of the exciting features of this area, and why it's a great place to call home.
Education
Families love this area because of its excellent schools. The property with MLS® R3072463 is located just 0.53 km from John Henderson Elementary School, which has a rating of 2.9/10. You'll also be close to John Oliver Secondary School, with a rating of No Rating, located 1.44 km away. Additionally, the closest independent elementary school is St. Andrew's, with a rating of No Rating, located 0.93 km from this home.
Safety
According to the 2020 crime statistics from Statistics Canada, the neighborhood surrounding 753 E 55th Avenue, Vancouver, BC has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. The rate of violent crime is Below Average at 1,311.69, and the rate of property crimes is Above Average at 5,020.27.
Demographics
This neighborhood is home to a diverse population, with 18.3% of residents holding a university certificate or degree, which is Average compared to other BC neighborhoods. However, 24.6% of the population has no certificate or degree, which is Above Average. The median household income is $63,872, which is Average, while the median personal income is $24,149, which is Low. The unemployment rate is 4.8%, which is Low compared to other provinces.
Transit
You'll appreciate the convenience of living near a major bus station, Southbound Fraser St @ E 55 Ave, just 0.16 km away from this listing with MLS® R3072463.
Lifestyle Amenities
This neighborhood offers a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. You'll be just a short walk or drive from all the essentials.
Real Estate Context
The average value of dwellings in this neighborhood is $1,480,765, which is High compared to other areas in British Columbia. The average owner payments are High at $1,669, while tenants pay an average of $1,022, which is Average. 45% of the population in this district are renters, which is Above Average compared to other BC cities.
Language and Transportation
The majority of residents speak English only, with 87.2% of the population, which is Below Average. However, 31.2% of the population uses public transport, which is High, while 63.2% use cars, which is Low.
Community
This neighborhood has a population density of 7,983.7 people per square kilometer, which is High. The average size of families is 3.1, which is Above Average, and 75.2% of families have children, which is High. The average age of the population is 40.3, which is Average.
In conclusion, 753 E 55th Avenue, Vancouver, BC, MLS® R3072463, is a fantastic place to call home, offering a unique blend of convenience, amenities, and small-town charm. Whether you're a family, professional, or retiree, this neighborhood has something for everyone. I hope you've enjoyed this tour, and I look forward to helping you find your dream home in this vibrant community.
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