Discover the untapped potential at 5989 Fremlin Street in Vancouver's vibrant Oakridge neighborhood! Priced well below assessed value, this charming 4038 sq ft, 5-bed, 3-bath single-family home sits on a spacious lot, blending classic appeal with modern opportunity. Nestled near Oakridge Centre, transit, and green spaces, it's perfect for families or investors. Under the groundbreaking new R1-1 Zoning designation (effective 2025), redevelop into a multiplex masterpiece! Unlock up to 3-8 units on this lot, enabling ground-oriented multi-family housing while preserving neighborhood character. Ideal for savvy developers eyeing Vancouver's housing boom—boost density, value, and returns without the old RS restrictions.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 6'3 x 6'3 ft |
| Main Level | Living Room | 15'4 x 15'4 ft |
| Main Level | Dining Room | 13'2 x 13'2 ft |
| Main Level | Family Room | 14'7 x 14'7 ft |
| Main Level | Primary Bedroom | 13'11 x 13'11 ft |
| Main Level | Bedroom | 11'5 x 11'5 ft |
| Main Level | Bedroom | 11'5 x 11'5 ft |
| Main Level | Kitchen | 8'10 x 8'10 ft |
| Main Level | Nook | 7'5 x 7'5 ft |
| Main Level | Storage | 4'11 x 4'11 ft |
| Below | Recreation Room | 14'11 x 14'11 ft |
| Below | Laundry | 22'2 x 22'2 ft |
| Below | Bar Room | 21'10 x 21'10 ft |
| Below | Bedroom | 11'5 x 11'5 ft |
| Below | Bedroom | 14'4 x 14'4 ft |
| Below | Storage | 11'5 x 11'5 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #4 |
| Main Level | No | #5 |
| 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 the charming community of Oakridge VW, where you'll find the stunning property located at 5989 Fremlin Street, proudly displayed with the listing MLS® R3051187. As we take a stroll through this vibrant neighborhood, I'm excited to share with you the many highlights that make this area so special.
Let's start with the schools. Dr. Annie B. Jamieson Elementary School, with its impressive rating of 8.3/10, is just a 0.59 km walk from your new home. This highly-rated school is a testament to the strong educational values of our community. Just down the road, you'll also find Vancouver College, a top-rated private school with a rating of 10/10, located 0.84 km from your doorstep.
As we explore the neighborhood, you'll notice that it's served by the Southbound Oak St @ W 43 Ave bus station, just 0.11 km away from your property with listing MLS® R3051187. With public transportation easily accessible, commuting to work or school is a breeze.
Now, let's talk about the safety of the area. According to the latest crime statistics from Statistics Canada (2020), the overall crime rate near 5989 Fremlin Street, Vancouver, BC is 7,470.82, which is Average compared to other Canadian cities. You'll be pleased to know that the drug crime rate is also Average, with a rating of 229.49, and the property crime rate is Above Average, with a rating of 5,020.27. With a low violent crime rate of 1,311.69 (Below Average compared to other BC municipalities), you can enjoy peace of mind knowing that your new home is located in a safe and secure environment.
As we delve into the demographics of the area, you'll discover that 43.9% of people with a university certificate or degree live in this neighborhood, which is High compared to other BC neighborhoods. On the other hand, 12.3% of the population has no certificate or degree, which is Below Average compared to the average in BC.
The median household income near your new home at 5989 Fremlin Street, Vancouver, BC is _$58,197_, which is Below Average compared to the British Columbia average. However, the median personal income is _$27,930_, also Below Average in comparison to the BC average. You'll also notice that 36.6% of households in this census subdivision have a mortgage, which is Low.
Unemployment rates in the area around MLS® R3051187 are 6.1%, which is Below Average compared to other province neighborhoods. This indicates a strong and stable economy, making it an excellent choice for professionals and families.
As we explore the community, you'll notice that the population change between 2011 and 2016 was 8.3%, which is High compared to average growth rates in this region. With a population density per square kilometer of 3,781.5, this community is considered High in terms of population density.
The average size of families in the area is 2.9, which is Average compared to the whole region. However, 63.3% of families have children, which is Above Average. On the other hand, 54.4% of the population is married or living common law, which is Below Average.
The average age of the population near 5989 Fremlin Street is 44.1, which is Above Average compared to other BC cities. This indicates a mature and stable community with a good balance of age groups.
In terms of real estate, the average value of dwellings in this neighborhood is _$2,242,269_, which is High compared to other areas in British Columbia. With average owner payments of _$1,928_ and tenants paying _$1,490_, you'll find that the costs are reasonable and competitive.
As we explore the lifestyle amenities in the area, you'll discover that 36% of the population in this district are renters, which is Above Average compared to other BC cities and areas. The number of English and French speakers is Average, with 6.4% of the population speaking both languages, while 84.3% speak only English, which is Below Average. On the other hand, 9.3% of the population speaks neither English nor French, which is High compared to other BC cities.
Lastly, 29.1% of the population in this area uses public transportation, which is High, while 63.5% use cars, which is Low. 0.8% of people use bicycles, which is Below Average, and 6% of the population walks, which is Above Average.
In conclusion, 5989 Fremlin Street, Vancouver, BC, proudly displayed with listing MLS® R3051187, is a stunning property located
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