7531 Oak St, Vancouver, BC, MLS® R3087407

$2,198,000
Est. Mortgage /mo

NEW

$2,198,000
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
4 Baths
2 Stories
lot 3173 sqft
1909 sqft
2007 built
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Map
Street view
Schools
Crime
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7531 Oak St, Vancouver, BC | MLS® R3087407 Property Details

Incredible value in Marpole! New 3-storey home with 6 beds & 4 baths, including 2 mortgage-helper suites (1-bed + 1-den). Top-floor private and large primary suite boasts sweeping views of Mount Baker and Gulf Islands. Main level features 2 bedrooms, hardwood floors, gas fireplace, granite counters, maple cabinets & S/S appliances. Lower level has 2 suites (potential mortgage helpers). One bedroom suite on one side and one bedroom plus den suite on the other (great for a small family with a child). Conveniently located across from Marpole Community Center, Oak Park (across the street), Oakridge Mall nearby and 10 min drive to Richmond Airport. Potential land assembly and a perfect home to live and hold! Call us today for a private showing!

General Info

Price $2,198,000
Total Bedrooms 6
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 1909
Lot Size 3173.76
Lot Size Depth Feet
Lot Size Frontage 34.2
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 2007
Age Of Building 19
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® # R3087407
Area Vancouver West
Neighbourhood South Granville
City Vancouver
Gross Taxes $9,572.18
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Natural Gas, Radiant

Utilities

Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Carport Single, Garage Double, Rear Access
Total Parking Spaces 3

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Strata Restrictions -
Rental Restrictions -
Zoning RM-8N
Rental Suites Unauthorized Suite
# of Kitchens 3
Flooring Hardwood, Mixed
Foundation Concrete Perimeter
Locker -
View 1
View Description Mount Baker
Units In Development -
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX City Realty & RE/MAX City 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
Sir Winston Churchill Secondary School
0.52 km
Elementary
David Lloyd George Elementary School
Average
0.86 km
6.2/10
Elementary
David Lloyd George Elementary School
0.86 km

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

Private Schools

Elementary
Vancouver Hebrew Academy
0.85 km
Secondary
Royal Canadian College
1.31 km

Closest Transit

Bus Stop
Southbound Oak St @ W 59 Ave
0.02 km
Skytrain
Skytrain @ Marine Drive Stn
1.21 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
Possible

Welcome to 7531 Oak Street, a stunning home in the heart of Vancouver, BC!

As your trusted realtor, I'm excited to share with you the highlights of this beautiful property, listed as MLS® R3087407. With its prime location in South Granville, this home offers the perfect blend of convenience, comfort, and community.

Education

When it comes to education, 7531 Oak Street is served by two amazing schools: David Lloyd George Elementary School and Sir Winston Churchill Secondary School. The property is conveniently located just 0.86 km from David Lloyd George Elementary School, which has a rating of 6.2/10. You'll also be close to Sir Winston Churchill Secondary School, rated No Rating, just 0.52 km away. For families looking for a unique educational experience, the Vancouver Hebrew Academy, an elementary independent school, is just 0.85 km from home, with No Rating. The Royal Canadian College, a secondary independent school, is also nearby, with No Rating, located 1.31 km from the property.

Safety

When it comes to safety, you'll feel secure in this neighborhood. According to the latest crime data from Statistics Canada (2020), this area has an average crime rate of 7,470.82, which is comparable to other Canadian cities. The overall crime rate is Average, with a rate of incidents per 100,000 population. You'll also be pleased to know that the year-by-year change in the total crime rate is -14.94%. Additionally, the drug crime rate is Average, with a rating of 229.49, and the year-by-year change in the illegal substances offences ranking is 1.58%. Property crimes are Above Average, but the year-by-year change in the property misconduct rate is -20.80%.

Community

The community surrounding 7531 Oak Street is vibrant and diverse. With a population change between 2011 and 2016 of -2.7%, this is Below Average in comparison to the average growth rate of the region. The population density per square kilometre is 5121.5, which is High. You'll also be part of a community with an average family size of 3, which is Above Average in comparison to the whole region. The percent of families with children is 72.7%, which is High, and the percent of married or living common law is 54.4%, which is Below Average.

Lifestyle

When it comes to lifestyle, 7531 Oak Street is perfectly positioned. You'll be just 0.02 km away from the Southbound Oak St @ W 59 Ave bus station, making public transportation easy and convenient. The median household income in this neighborhood is $67,123, which is Average in comparison to the British Columbia average. The median personal income is $25,152, which is Low in comparison to the BC average. However, the percent of households with a mortgage is 41%, which is Low.

Real Estate

The real estate market in this neighborhood is thriving. The average value of dwellings is $2,028,076, which is High in comparison to other areas in British Columbia. The average owner payments are High, with owners spending $1,702 on average for the dwelling. Tenants are paying $1,314, which is Above Average in comparison to other cities.

Transportation

Getting around is easy in this neighborhood. With 26.7% of the population using public transport, 66.1% using cars, and 1.8% using bicycles, you'll have plenty of options to choose from. Walking is also a popular mode of transport, with 5.1% of the population using this method.

Language and Culture

The language and culture of this neighborhood are diverse and vibrant. With 84.5% of the population speaking English only, and 6.2% speaking both English and French, you'll be part of a thriving community. However, 9.3% of the population speaks neither English nor French, which is High in comparison to other BC cities.

Neighborhood Amenities

This neighborhood offers a range of amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. You'll be close to all the necessities and have plenty of options for entertainment and relaxation.

Conclusion

In summary, 7531 Oak Street is an exceptional property in a prime location. With its excellent schools, safe community, and vibrant lifestyle, this home is perfect for families and individuals looking for a unique living experience. As your trusted realtor, I invite you to explore this property and discover all it has to offer.

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 $2,198,000
Vancouver $1,821,889
South Granville 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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