88 W 48th Ave, Vancouver, BC, MLS® R3079452

$2,380,000
Est. Mortgage /mo

NEW

$2,380,000
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
2 Baths
2 Stories
lot 4026 sqft
1398 sqft
1946 built
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Map
Street view
Schools
Crime
Commute
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88 W 48th Ave, Vancouver, BC | MLS® R3079452 Property Details

Renovate, live, rent or hold as an investment property, this lovely 3 bedroom family home offers a multitude of options. Positioned within the Cambie Corridor, on a quiet, beautiful tree lined street, a short walk to Langara College, Oakridge Mall, the Canada Line Skytrain, and within Van Horne Elementary and Eric Hamber school catchments.

General Info

Price $2,380,000
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1398
Lot Size 4026
Lot Size Depth Feet
Lot Size Frontage 33
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1946
Age Of Building 80
Building Type Single Family Residence
Property Type Residential
Architecture Style Reverse 2 Storey
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3079452
Area Vancouver West
Neighbourhood Oakridge VW
City Vancouver
Gross Taxes $9,846.61
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Forced Air

Utilities

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

Parking

Parking Type Other
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RM-8A
Rental Suites None
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features No Outdoor Area
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Parallel 49 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

Elementary
Sir Wm Van Horne Elementary School
Average
0.59 km
6.2/10

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

Private Schools

Elementary
St. Andrew's
0.89 km
Secondary
King David High School
1.35 km

Closest Transit

Bus Stop
Eastbound W 49 Ave @ Manitoba St
0.1 km
Skytrain
Skytrain @ Langara-49Th Stn
0.61 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 charming neighborhood of Oakridge VW, where you'll find the perfect blend of community spirit and modern convenience. As we explore the details of this beautiful property at 88 W 48th Avenue, Vancouver, BC, MLS® R3079452, I'm excited to share with you the many reasons why this area is a top choice for families and individuals alike.

First, let's talk about education. Sir Wm Van Horne Elementary School, located just 0.59 km from this property, is a highly-rated institution with a rating of 6.2/10. This school is a testament to the neighborhood's commitment to providing quality education, making it an ideal choice for families with children. For students seeking a private education, St. Andrew's Elementary School is just a short 0.89 km away, offering a unique and nurturing environment.

As we discuss the local crime statistics, it's essential to understand that the freshest crime data available are from 2020. With 52,217 disturbance incidents in the neighborhood, the overall crime rate near 88 W 48th Avenue, Vancouver, BC, is 7,470.82, which is Average compared to other Canadian cities. Notably, the year-over-year change in the total crime rate is an impressive -14.94%. This downward trend gives residents peace of mind, knowing that the community is working diligently to maintain a safe environment.

Regarding property crime, it's worth noting that the rate near this real estate listing, MLS® R3079452, is Above Average. However, the year-over-year change in the property misconduct rate is an encouraging -20.80%. Additionally, the violent crime rate is Below Average at 1,311.69, indicating a strong focus on community safety.

Now, let's explore the local amenities that make this neighborhood so desirable. For those who rely on public transportation, the closest bus station, Eastbound W 49 Ave @ Manitoba St, is just 0.1 km away from this listing with MLS® R3079452. This convenient access to public transportation makes it easy to get around without a car.

When it comes to lifestyle, this neighborhood shines. With 38.9% of residents holding a university certificate or degree, the community is highly educated and motivated. This is reflected in the High average household income of $71,851, which is Average compared to other BC neighborhoods. Furthermore, the unemployment rate in the area is an impressive 4.6%, indicating a strong and stable economy.

The demographics of the neighborhood also reveal some fascinating insights. The average family size is 3, which is Above Average compared to the region. Additionally, 67.9% of families with children reside in the area, making it an ideal choice for young families. The average age of the population is 40.8 years, which is Average compared to other BC cities.

Now, let's talk about the real estate context. The average value of dwellings in this neighborhood is a staggering $1,890,078, which is High compared to other areas in British Columbia. Average owner payments are also High at $1,811, while tenants pay an average of $1,194, which is Above Average compared to other cities.

Finally, let's discuss the lifestyle and transportation habits of the residents in this area. With 40.3% of the population renting, it's clear that this neighborhood is a popular choice for those looking for a more affordable option. Interestingly, 33.9% of the population uses public transportation, which is High compared to other BC cities.

In conclusion, the neighborhood surrounding 88 W 48th Avenue, Vancouver, BC, MLS® R3079452, is a hidden gem that offers the perfect blend of community spirit, modern convenience, and quality education. With its Above Average average family size, High average household income, and Low unemployment rate, this area is an ideal choice for families and individuals alike. Come and experience the charm of Oakridge VW for yourself – I invite you to make this property your 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 $2,380,000
Vancouver $1,654,333
Oakridge VW 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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