To be sold together with 887 West 28th, offering a combined frontage of 100 ft and depth of 125 ft with lane access. A permit to build 12 units at FSR 1.2 is around the corner. The property is located within a Transit Oriented Area and has the potential to be assembled with the adjacent lot, achieving a total of 31,250 sq.ft. and permitting a mid-rise development with an FSR of up to 3.0.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 12'8 x 12'8 ft |
| Main Level | Dining Room | 11'6 x 11'6 ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #1 |
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.
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Welcome to the vibrant neighborhood of 877 W 28th Avenue, Vancouver, BC, where amenities and opportunities abound!
As we walk through this charming community, you'll notice the proximity to top-rated schools, including Emily Carr Elementary School, which is just 0.46 km away from the property with MLS® R3074862. While Emily Carr Elementary School doesn't have a rating, you'll find other excellent options nearby, such as Vancouver Talmud Torah Elementary School with a 9.3/10 rating, located just 0.24 km from this home.
For secondary education, York House School boasts a 10/10 rating and is only 1.26 km from this address. These excellent schools are just one of the many reasons why families love this area.
Safety and Security
According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an average crime rate of 7,470.82, which is typical for urban areas. However, with a low rate of 229.49 for drug-related offenses, you can feel confident in the safety of this community.
Regarding property crimes, the area has an above-average rate of 5,020.27, but with a decrease of 20.80% in the past year, the trend is positive. Violent crime rates are below average, with a rate of 1,311.69, making this a peaceful neighborhood to call home.
Lifestyle and Amenities
Just down the road, you'll find the Southbound Oak St @ Nanton Ave bus station, within a 0.27 km walk from this listing with MLS® R3074862. This convenient public transportation option makes it easy to get around the city.
This neighborhood is also home to a diverse community, with 51.4% of residents holding a university degree, which is high compared to other BC neighborhoods. Additionally, 8.3% of the population has no certificate or degree, which is low compared to the average in BC.
In terms of income, the median household income near this dwelling is $83,861, which is above average compared to the British Columbia average. The median personal income is $43,215, which is high compared to the BC average. However, the percentage of households with a mortgage is 52.8%, which is below average.
Community and Demographics
The unemployment rate in this area is 6.7%, which is below average compared to other province neighborhoods. The population change between 2011 and 2016 was 4.4%, which is above average in comparison to average growth rate of this region.
The average size of families in this area is 2.8, which is below average compared to the whole region. However, 59.5% of families have children, which is average. The percentage of married or living common-law couples is 54.1%, which is below average.
Real Estate and Value
The average value of dwellings in this neighborhood is $1,793,194, which is high compared to other areas in British Columbia. With average owner payments of $1,835 and tenants paying $1,483, this area offers a range of housing options for those looking to buy or rent.
Transportation and Lifestyle
A significant portion of the population in this area uses public transportation (29.5%), while 45.6% rely on cars, and 9.1% use bicycles. This high percentage of bicycle usage is a testament to the community's focus on sustainability and environmental awareness.
As you can see, 877 W 28th Avenue, Vancouver, BC (MLS® R3074862) offers a unique blend of education, safety, lifestyle, and real estate opportunities. Whether you're a family, professional, or individual, this neighborhood has something for everyone.
Experience the Best of Vancouver at 877 W 28th Avenue
Contact me, your trusted realtor, to explore this property and discover why this neighborhood is the perfect place to call home.
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