753 E 55th Ave, Vancouver, BC, MLS® R3072463

$2,488,888
Est. Mortgage /mo

Motivated Sellers

$2,488,888
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
11 Beds
5 Baths
2 Stories
lot 7897 sqft
4418 sqft
1967 built
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Crime
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753 E 55th Ave, Vancouver, BC | MLS® R3072463 Property Details

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

Price $2,488,888
Total Bedrooms 11
Total Bathrooms 5
Half Bathrooms 0
Floor Area Total (sqft) 4418
Lot Size 7897.43
Lot Size Depth Feet
Lot Size Frontage 87.12
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1967
Age Of Building 58
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® # R3072463
Area Vancouver East
Neighbourhood South Vancouver
City Vancouver
Gross Taxes $11,851
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 1
Heating Type Baseboard

Utilities

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

Parking

Parking Type Garage Double, Front Access, Asphalt, Garage Door Opener
Total Parking Spaces 2

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

Property History

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Status Date Price
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Listed by: SRS Hall of Fame Realty & Sutton Group - Vancouver First 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
John Oliver Secondary School
1.44 km
Elementary
John Henderson Elementary School
Below Average
0.53 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
0.93 km
Secondary
Royal Canadian College
2.59 km

Closest Transit

Bus Stop
Southbound Fraser St @ E 55 Ave
0.16 km
Skytrain
Skytrain @ Langara-49Th Stn
2.09 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 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.

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 $2,488,888
Vancouver $3,100,000
South Vancouver 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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