8168 Riel Pl, Vancouver, BC, MLS® R3079846

$749,000
Est. Mortgage /mo

NEW

$749,000
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
3 Beds
3 Baths
2 Stories
$ 400 Maint. Fee
1515 sqft
1980 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

8168 Riel Pl, Vancouver, BC | MLS® R3079846 Property Details

Spacious 3-bedroom, 3-bathroom corner townhouse offering 1,515 sq ft of interior space and strong renovation potential for INSANE value. This home features a functional multi-level layout with generous room sizes and one included parking space, as well as a backyard large enough for hosting gatherings. Located in the established Champlain Heights neighbourhood, with convenient access to parks, amenities, and transit. An opportunity to update and customize a well proportioned townhouse in East Vancouver. Contact me to book your private showing and let's get you moved in! Showings by appointment with 24 hours' notice.

General Info

Price $749,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 1515
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1980
Age Of Building 46
Building Type Apartment/Condo
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Trash, Maintenance Grounds, Management, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3079846
Area Vancouver East
Neighbourhood Champlain Heights
City Vancouver
Gross Taxes $2,300.67
Ownership Type Leasehold not prepaid-Strata
Maintenance Fee $400
Community Features Shopping Nearby
Amenities Nearby Trash, Maintenance Grounds, Management, Water

Heating & Cooling

Fireplace -
Heating Type Electric, Radiant

Utilities

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

Parking

Parking Type Carport Single, Front Access, Asphalt
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Not Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning CD-1
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Wall/Wall/Mixed
Foundation Concrete Perimeter
View Description -
Units In Development -
Exterior Features Garden, Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Fibreglass

Property History

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Status Date Price
Show more

Listed by: Stonehaus Realty Corp.

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

Elementary
Champlain Heights Community Elementary School
1.08 km
Secondary
Killarney Secondary School
1.97 km

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

Private Schools

Elementary
Corpus Christi School
2.8 km
10/10
Excellent
Secondary
Vancouver Formosa Academy
2.86 km

Closest Transit

Bus Stop
Westbound Champlain Cres @ Matheson Cres
0.04 km
Skytrain
Skytrain @ Patterson Stn
2.36 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 8168 Riel Place, a beautiful home nestled in the vibrant Champlain Heights neighborhood of Vancouver, BC. As your trusted realtor, I'm excited to guide you through this exceptional property and highlight the community's many charms.

Let's start with the schools. Your children will thrive at Champlain Heights Community Elementary School, located just a 1.08 km stroll from your front door. This highly-rated school provides a solid foundation for future success. Another excellent option is Killarney Secondary School, a 1.97 km walk away, which offers a well-rounded education and a supportive community.

For families seeking an independent school, Corpus Christi School is a top choice, boasting a stellar rating of 10/10. Located 2.8 km from 8168 Riel Place, this school offers a nurturing environment and exceptional academic programs. Alternatively, Vancouver Formosa Academy, a secondary independent school with a No Rating, is 2.86 km away, providing an alternative education option.

Now, let's talk about the safety of our community. According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an average crime rate of 7,470.82 incidents per 100,000 population. Compared to other Canadian cities, this rate is average. Furthermore, the year-over-year change in total crime rate is a impressive -14.94%.

When it comes to specific types of crime, the area around 8168 Riel Place has an average drug crime rate, with a rating of 229.49 and 1,604 incidents in 2020. The year-over-year change in the illegal substances offenses ranking is a moderate 1.58%. Property crimes in the neighborhood are above average, with a rating of 5,020.27 and 35,089 incidents in 2020. The year-over-year change in the property misconduct rate is a notable -20.80%. On a more positive note, the violent crime rate is below average, with a rating of 1,311.69 and 9,168 incidents in 2020.

Getting around is a breeze, thanks to the proximity of the Westbound Champlain Cres @ Matheson Cres bus station, just 0.04 km away from 8168 Riel Place (MLS® R3079846).

Now, let's delve into the demographics of our community. This neighborhood is home to 27.4% of residents with a university certificate or degree, which is above average compared to other BC neighborhoods. Conversely, 15.7% of the population has no certificate or degree, a number that is below average in the province.

The median household income in this area is $72,141, which is average compared to the British Columbia average. Meanwhile, the median personal income is $31,232, which is below average. Interestingly, 52.2% of households in this census subdivision have a mortgage, a number that is below average.

Unemployment rates are low in this area, with a rate of 4.4%, which is lower compared to other province neighborhoods.

The population change between 2011 and 2016 was -0.3%, which is below average in comparison to average growth rates of this region. However, the population density per square kilometer in this community is 6,172, which is above average.

Family dynamics are an essential part of our community, with an average family size of 3, which is above average. Furthermore, 71.8% of families in this area have children, which is high. In contrast, 53.3% of the population is married or living common law, a number that is below average.

The average age of the population in this area is 44.2 years, which is above average in comparison to other BC cities.

When it comes to real estate, the average value of dwellings in this neighborhood is $692,640, which is high compared to other areas in British Columbia. Interestingly, average owner payments are average in this area, with owners spending $1,138 on average for their dwellings. Tenants, on the other hand, pay an average of $1,053.

A significant 46.9% of the population in this area are renters, which is high compared to other BC cities and areas.

Language diversity is an important aspect of our community, with 7% of the population speaking English and French, which is average. Meanwhile, 88.3% of the population speaks only English, which is below average. Interestingly, 4.6% of the population speaks neither English nor French, which is high compared to other BC cities.

Transportation is a vital aspect of daily life, with 28.8% of the population using public transport, which is high. Conversely, 66% of the population uses cars, which is low. Furthermore, 2.

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 $749,000
Vancouver $1,664,167
Champlain Heights 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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