877 W 28th Ave, Vancouver, BC, MLS® R3074862

$4,480,000
Est. Mortgage /mo

$4,480,000
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
1 Baths
2 Stories
lot 125 sqft
2032 sqft
1928 built
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Map
Street view
Schools
Crime
Commute
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877 W 28th Ave, Vancouver, BC | MLS® R3074862 Property Details

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.

General Info

Price $4,480,000
Total Bedrooms 3
Total Bathrooms 0
Half Bathrooms 1
Floor Area Total (sqft) 2032
Lot Size 125
Lot Size Depth Feet
Lot Size Frontage 50
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1928
Age Of Building 97
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3074862
Area Vancouver West
Neighbourhood Cambie
City Vancouver
Gross Taxes $12,804.4
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 0
Heating Type Forced Air

Utilities

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

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RS-1
Rental Suites -
# of Kitchens 0
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Lagoon, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Royal Pacific 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
Emily Carr Elementary School
0.46 km

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

Private Schools

Elementary
Vancouver Talmud Torah Elementary School
0.24 km
9.3/10
Excellent
Elementary, Secondary
York House School
1.26 km
10/10
Excellent

Closest Transit

Bus Stop
Southbound Oak St @ Nanton Ave
0.27 km
Skytrain
Skytrain @ King Edward Stn
0.71 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 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.

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 $4,480,000
Vancouver No comparables
Cambie 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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