NEW
Rare Kitsilano triplex on a 5,232 Sq.Ft. corner lot with RT-8 zoning—ideal for investors, developers, or multi-generational living. Features 3 legal suites generating over $12,000/month: 2-bed up, 3-bed main, 2-bed down. Fully renovated in 2005, including new foundation, roof, plumbing, and electrical—offering long-term peace of mind. Each suite enjoys its own outdoor space, and there's convenient parking for two vehicles at the rear. The property blends timeless character with solid income and development potential in one of Vancouver’s most desirable neighbourhoods. Just steps to Kits Beach, Kits Pool, West 4th shopping, Broadway transit, schools, parks, and more. A unique opportunity to own a beautifully updated, revenue-generating property with future upside in the heart of Kitsilano.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 8'1 x 8'1 ft |
| Main Level | Living Room | 15'2 x 15'2 ft |
| Main Level | Dining Room | 13'2 x 13'2 ft |
| Main Level | Kitchen | 9'0 x 9'0 ft |
| Main Level | Primary Bedroom | 10'9 x 10'9 ft |
| Main Level | Bedroom | 10'2 x 10'2 ft |
| Main Level | Bedroom | 10'1 x 10'1 ft |
| Above Level | Living Room | 14'2 x 14'2 ft |
| Above Level | Kitchen | 9'9 x 9'9 ft |
| Above Level | Bedroom | 10'4 x 10'4 ft |
| Above Level | Bedroom | 12'0 x 12'0 ft |
| Below | Living Room | 10'5 x 10'5 ft |
| Below | Dining Room | 8'3 x 8'3 ft |
| Below | Kitchen | 12'5 x 12'5 ft |
| Below | Bedroom | 9'8 x 9'8 ft |
| Above Level | Bedroom | 9'11 x 9'11 ft |
| Below | Laundry | 7'11 x 7'11 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Above Level | No | #4 |
| Main Level | No | #4 |
| Below | No | #4 |
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 2770 W 5th Avenue, Kitsilano, Vancouver, BC - MLS# R3057355
As we step into the vibrant community of Kitsilano, I'm excited to share with you the charm of this stunning home located at 2770 W 5th Avenue, Vancouver, BC. With its perfect blend of natural beauty and urban amenities, this neighborhood has something for everyone. Let's take a closer look at what makes Kitsilano so special.
Education
Families love this area because of its excellent schools. General Gordon Elementary School, located just 0.22 km from this property, has a rating of No Rating. The property is also serviced by Kitsilano Secondary School, a highly-regarded institution that's just 0.62 km away. For those interested in independent schools, Pear Tree Elementary School is conveniently located 0.41 km from this home, and Fraser Academy is just 0.92 km away.
Safety
As we explore the community, it's reassuring to know that the crime rate is Average in comparison to other Canadian cities. According to Statistics Canada's 2020 report, there were 52,217 disturbances in the neighborhood near 2770 W 5th Avenue, Vancouver, BC, resulting in an overall crime rate of 7,470.82 per 100,000 population. While there were 1,604 illegal substances lawbreaking disturbances in the area, the drug crime rate is Average, with a rating of 229.49. Property crimes are also a concern, but with a rate of 5,020.27, they are Above Average in comparison to other neighborhoods.
Demographics
This area is a hub of activity, with a diverse population that's highly educated. In fact, 58.7% of residents have a university certificate or degree, making it High in comparison to other BC neighborhoods. With a median household income of $76,096, this area is Above Average in comparison to the British Columbia average. English and French speakers make up a significant portion of the population, with 81.6% speaking only English, making it a great place to live for those who want to practice their language skills.
Transit
Getting around is easy, with the Southbound Macdonald St @ W 4th Ave bus station just 0.1 km away from this listing, MLS# R3057355. In fact, 35.2% of the population uses public transport, making it High in comparison to other areas.
Lifestyle Amenities
Kitsilano is renowned for its beautiful parks, beaches, and trails. Just around the corner from 2770 W 5th Avenue, you'll find plenty of opportunities to enjoy the great outdoors. For those who love shopping and dining, the neighborhood is home to a variety of popular restaurants, coffee shops, and grocery stores. The average value of dwellings in this area is $1,426,894, making it High in comparison to other areas in British Columbia.
Real Estate Context
As we explore the real estate market, it's worth noting that 54.7% of the population in this area are renters, making it High in comparison to other BC cities. The average age of the population is 38.1, making it a great place for young professionals and families. With an average value of dwellings of $1,426,894, this area is a great investment opportunity for those looking to buy or sell a property.
Unemployment Rate
The unemployment rate in this area is a mere 5.6%, making it Low in comparison to other province neighborhoods.
Population and Growth
The population of Kitsilano has been growing steadily, with a change of 6.4% between 2011 and 2016, making it Above Average in comparison to the average growth rate of this region. With a population density of 8,007.1 people per square kilometer, this area is a hub of activity.
Average Family Size and Children
The average size of families in this area is 2.7, making it Below Average in comparison to the whole region. However, 49.5% of families have children, making it a great place for families to raise their young ones.
Average Age and Language
The average age of the population is 38.1, making it Below Average in comparison to other BC cities. English and French speakers make up a significant portion of the population, with 81.6% speaking only English, making it a great place to practice your language skills.
Transportation
Getting around is easy, with 40.9% of the population using cars, making it Low in comparison to other areas. However, 12.3% of people use bicycles, making it High, and 9.7% of the population walks,
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