Prime investment and development opportunity! Located directly across from Oak Park and steps away from the brand-new, under-construction Marpole Community Centre, this fully renovated 6-bedroom, 3-bathroom home offers strong rental income and future potential. Sitting on a 4,277 sq ft lot, the home was extensively updated in 2023 with modern finishes and a functional layout perfect for multi-family living. Currently rented for $5,000/month, making it ideal for investors or developers looking to hold and build. Roof updated in 2017. Rare chance to own a turnkey property in a rapidly growing neighborhood with major amenities and transit nearby. Some pictures were virtually staged.
General Info
Property Metrics
Additional Details
Heating & Cooling
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 14'2 x 14'2 ft |
| Main Level | Bedroom | 11'9 x 11'9 ft |
| Main Level | Bedroom | 11'9 x 11'9 ft |
| Main Level | Kitchen | 10'6 x 10'6 ft |
| Above Level | Bedroom | 9'7 x 9'7 ft |
| Above Level | Bedroom | 8'11 x 8'11 ft |
| Basement Level | Bedroom | 13'6 x 13'6 ft |
| Basement Level | Bedroom | 10'8 x 10'8 ft |
| Basement Level | Steam Room | 10'8 x 10'8 ft |
| Basement Level | Laundry | 10' x 10' ft |
| Basement Level | Other | 5'4 x 5'4 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Basement | No | #3 |
| Above Level | No | #3 |
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.
Private Schools
Closest Transit
Noise/ Power Lines
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Welcome to 922 Park Drive, a charming neighborhood in Vancouver, BC. As your trusted realtor, I'm excited to share with you the highlights of this community.
Schools
We're proud to be served by Sir Wilfrid Laurier Elementary School, a highly-rated institution with a rating of 7.5/10. You'll find this excellent school just 0.58 km from 922 Park Drive, providing your children with a top-notch education. Additionally, Sir Winston Churchill Secondary School is also nearby, with a rating of No Rating, located 0.77 km from this home. For families who prefer independent schools, Vancouver Hebrew Academy is a great option, with a No Rating and located 1 km from this home.
Crime
According to the latest crime statistics from Statistics Canada (2020), our neighborhood has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. However, don't worry – this means you'll enjoy a typical urban environment with a low incidence of crime. In fact, the year-over-year change in the total crime rate is a significant -14.94%.
Demographics
Our neighborhood is a vibrant community with a diverse population. According to the data, 36.6% of residents have a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 13.5% of the population have no certificate or degree, which is Below Average compared to the average in BC.
Transit
Convenience is key, and you'll find it at 922 Park Drive. The Northbound Oak St @ Park Dr bus station is just 0.19 km away, making it easy to get around the city.
Lifestyle Amenities
Our neighborhood is surrounded by a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. You'll love exploring the local area and discovering all it has to offer.
Real Estate Context
The average dwelling value in our neighborhood is $1,969,471, which is High compared to other areas in British Columbia. As for owner payments, the average is $1,719 per month, while tenants pay an average of $1,226 per month. This is Above Average compared to other cities.
Additional Insights
92% of households in our neighborhood are owner-occupied, which is a testament to the community's sense of pride and belonging. The median household income is $66,125, which is Average compared to the British Columbia average. However, the median personal income is $24,722, which is Low compared to the BC average.
Language and Transportation
We're a multicultural community, with 84.8% of residents speaking only English, which is Below Average. On the other hand, 33.3% of the population uses Public Transport, which is High, while 60% use Cars, which is Low.
In summary, 922 Park Drive is a fantastic neighborhood to call home, with excellent schools, low crime rates, and a range of lifestyle amenities. As your trusted realtor, I'd be delighted to show you around this community and answer any questions you may have. MLS® R3075877 is the perfect opportunity to make your dreams a reality.
Come and explore 922 Park Drive, Vancouver, BC – the perfect place to build a life you love!
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