2533 Wallace Cres, Vancouver, BC, MLS® R3043049

$3,480,000
Est. Mortgage /mo

$3,480,000
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
2 Baths
1 Stories
lot 6300 sqft
2627 sqft
1941 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

2533 Wallace Cres, Vancouver, BC | MLS® R3043049 Property Details

Located in coveted Point Grey, this lovingly restored 1941 home sits on a 60’ x 105’ lot along a beautiful tree-lined street. Thoughtfully updated by David Clarke to preserve its authentic character, the main level offers 3 bedrooms + den, a full bathroom, and a large living room and dining room off the kitchen. Original nailed oak hardwood floors, fluted glass doors, exposed hardware, cast iron sink, and Solus fireplace surround highlight the charm of the original home. The updated kitchen opens to a low-maintenance provencal style south-facing garden with a single car garage. Lower level offers potential for a 1-bedroom suite with separate entry or a rec room/playroom. Steps to WPGA, OLPH School, 10th Avenue amenities, and transit to UBC or downtown. Open House Saturday Sept 6th 2-4 PM.

General Info

Price $3,480,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2627
Lot Size 6300
Lot Size Depth Feet
Lot Size Frontage 60
Basement Full, Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1941
Age Of Building 84
Building Type Single Family Residence
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3043049
Area Vancouver West
Neighbourhood Point Grey
City Vancouver
Gross Taxes $13,217.1
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included 1

Heating & Cooling

Fireplace 2
Heating Type Forced Air

Utilities

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

Parking

Parking Type Garage Single, Lane Access
Total Parking Spaces 1

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Strata Restrictions -
Rental Restrictions -
Zoning R
Rental Suites None
# of Kitchens 1
Flooring Hardwood
Foundation Block
Locker -
View -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Dexter Realty & Dexter Realty & Dexter 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
Queen Mary Elementary School
0.96 km
Secondary
Lord Byng Secondary School
0.65 km

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

Private Schools

Elementary
Our Lady of Perpetual Help School
0.24 km
Elementary, Secondary
West Point Grey Academy
0.57 km

Closest Transit

Translink
Eastbound W 10 Ave @ Crown St
0.09 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
5.27 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 2533 Wallace Crescent, Vancouver, BC - MLS R3043049

As we walk through the charming neighborhood of Point Grey, you'll discover why this area is a coveted gem in Vancouver. Let's start with the schools that make this community thrive.

Top-notch Education

Home to 2533 Wallace Crescent, MLS R3043049, is Queen Mary Elementary School, just 0.96 km away. Although it has no rating, families love this school for its dedicated teachers and supportive community. Additionally, Lord Byng Secondary School, rated no stars, is within walking distance at 0.65 km.

For those seeking a more independent education, Our Lady of Perpetual Help School is just 0.24 km away, boasting a 10/10 rating and a tight-knit community. Alternatively, West Point Grey Academy, also with a 10/10 rating, is 0.57 km from the property.

A Safe and Thriving Community

According to Statistics Canada's 2020 report, this neighborhood has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. The crime rate has decreased by 14.94% year-over-year, making this a safe and desirable place to live.

Breaking down the crime statistics, the drug crime rate near MLS R3043049 is Average, with an illegal substances offenses rating of 229.49. There were 1,604 incidents in 2020, and the rate has increased by 1.58% year-over-year.

Property crimes in the area are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. However, the year-over-year change is a positive 20.80%. Violent lawbreaking disorders were relatively low at 9,168 incidents, with a rate of 1,311.69, considered Below Average in comparison to other BC municipalities.

A Hub of Activity

Just a short walk away from MLS R3043049, you'll find the Eastbound W 10 Ave @ Crown St bus station, making it easy to get around the city.

Demographics and Lifestyle

This neighborhood is home to a diverse group of residents, with 54.1% holding a university certificate or degree, which is High compared to other BC neighborhoods. In contrast, only 6.7% of the population has no certificate or degree, making it a hub for educated professionals.

The median household income near MLS R3043049 is $98,645, considered High compared to the BC average. Meanwhile, the median personal income is $41,280, which is Above Average in comparison to the province.

Community and Environment

With a population change of -0.1% between 2011 and 2016, this neighborhood is experiencing Below Average growth. However, the population density per square kilometer is 4,348.7, making it a vibrant and lively community.

The average family size in this area is 3, which is Above Average in comparison to the region. Additionally, 66.8% of families have children, making it an excellent choice for families. The average age of the population is 40.2, which is Below Average in comparison to other BC cities.

Real Estate and Lifestyle

The average value of dwellings in this neighborhood is $3,034,089, making it a desirable and expensive area to live. However, with average owner payments of $2,357 and tenants paying $1,956, it's clear that this community values comfort and convenience.

At 27.7%, the percentage of renters in this area is Above Average compared to other BC cities and areas. Additionally, the percentage of English and French speakers is 15.9%, which is Above Average, while the percentage of English speakers only is 78.9%, making it a multilingual community.

Getting Around

With 25.6% of the population using public transport, 56.9% driving cars, 11.9% using bicycles, and 5.3% walking, this neighborhood is well-connected and environmentally friendly.

In conclusion, 2533 Wallace Crescent, Vancouver, BC, MLS R3043049, is a unique and desirable property that offers a safe and thriving community, top-notch education, and a hub of activity. Whether you're a family, professional, or simply looking for a comfortable place to call home, this property is an excellent choice.

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 $3,480,000
Vancouver $2,833,500
Point Grey 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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