9.1% price reduction
Located within Cambie Corridor Phase 3, the property permits mixed-use development with up to 3.25 FSR and 8 storeys, or up to 4.0 FSR and 12 storeys in the Transit-Oriented Area (TOA). The property is being sold by serious sellers and is currently tenanted, generating $7,038 in monthly strong cash flow. Surrounded by developments such as Oakridge Park, Cambie Gardens, and Mayfair. A good chance to development or hold for the future..
General Info
Property Metrics
Additional Details
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Parking
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 11'6 x 11'6 ft |
| Main Level | Dining Room | 11'6 x 11'6 ft |
| Main Level | Kitchen | 8'9 x 8'9 ft |
| Main Level | Primary Bedroom | 14' x 14' ft |
| Main Level | Bedroom | 9'10 x 9'10 ft |
| Main Level | Bedroom | 9'10 x 9'10 ft |
| Main Level | Bedroom | 9'10 x 9'10 ft |
| Main Level | Bedroom | 9'10 x 9'10 ft |
| Main Level | Bedroom | 9'10 x 9'10 ft |
| Main Level | Bedroom | 9'10 x 9'10 ft |
| Main Level | Bedroom | 9'10 x 9'10 ft |
| Main Level | Bedroom | 9'10 x 9'10 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #3 |
| Main Level | No | #3 |
| Below | No | #3 |
| Main Level | No | #2 |
| Below | No | #2 |
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
Other
Welcome to 470 W 46th Avenue, Vancouver's vibrant Oakridge VW neighborhood!
As we take a stroll through this charming community, I'm excited to share with you the fantastic amenities and features that make this home a dream come true. Located at 470 W 46th Avenue, Vancouver, BC, this property with MLS® R3058457 is a hidden gem that's just waiting to be discovered.
Education
Let's start with the excellent schools in the area. Dr. Annie B. Jamieson Elementary School, rated 8.3/10, is a short 0.4 km stroll away from this home. Families love this area because of the highly-rated schools, and with St. Andrew's Elementary School (No Rating) just 1.45 km away, you'll have plenty of options for your little ones. For secondary education, King David High School (No Rating) is conveniently located just 0.78 km from this home.
Safety
When it comes to safety, we're pleased to report that the neighborhood surrounding 470 W 46th Avenue, Vancouver, BC has an average crime rate compared to other Canadian cities. According to Statistics Canada's 2020 report, there were 52,217 disturbances in the area, with a crime rate of 7,470.82 incidents per 100,000 population. While there is room for improvement, the overall trend is positive, with a 14.94% decrease in crime rates year-over-year.
Demographics
This community is known for its highly educated residents, with 38.9% holding a university certificate or degree – a high percentage compared to other BC neighborhoods. However, 14.1% of the population has no certificate or degree, which is below average. When it comes to income, the median household income is $71,851, which is average compared to other BC cities. The median personal income is $28,651, which is below average.
Transit
Getting around is easy in this neighborhood, with the Southbound Cambie St @ W 45 Ave bus station just 0.12 km away from this listing with MLS® R3058457. You'll have plenty of options for public transportation, making it simple to get to work, school, or anywhere else you need to go.
Lifestyle Amenities
From parks to beaches, trails to shopping malls, this neighborhood has it all. Enjoy a short walk to the nearby Oakridge Centre, which offers a variety of shops, restaurants, and services. Or, take a stroll through the beautiful Oakridge Park, which features walking trails, playgrounds, and plenty of green space. With 40.3% of the population renting, you'll have plenty of opportunities to meet new people and make friends in this vibrant community.
Real Estate Context
When it comes to real estate, this neighborhood is a hot spot. The average value of dwellings in the area is $1,890,078, which is high compared to other BC cities. However, the average owner payments are also high, with homeowners spending an average of $1,811 per month. Tenants, on the other hand, pay an average of $1,194 per month, which is above average.
Community
This neighborhood is known for its diverse community, with 33.9% of the population using public transportation, 56.3% driving cars, 5% using bicycles, and 3% walking. With 86.7% of the population speaking only English, you'll find it easy to communicate with your neighbors. However, 6.9% of the population speaks both English and French, and 6.4% speaks neither language.
In conclusion, 470 W 46th Avenue, Vancouver, BC, MLS® R3058457 is a fantastic opportunity to own a piece of Vancouver's vibrant Oakridge VW neighborhood. With its excellent schools, average crime rate, highly educated residents, and plenty of lifestyle amenities, this home is sure to impress. Whether you're a first-time buyer, a growing family, or a seasoned investor, this property has something for everyone. So why wait? Contact me today to schedule a viewing and make 470 W 46th Avenue your dream home!
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