654 E 7th Ave, Vancouver, BC, MLS® R3057677

$3,099,999
Est. Mortgage /mo

NEW

$3,099,999
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
4 Beds
2 Baths
3 Stories
lot 6039 sqft
3344 sqft
1909 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

654 E 7th Ave, Vancouver, BC | MLS® R3057677 Property Details

Multiplex Development Opportunity in Mount Pleasant! Investor or Builder Opportunity! Can’t decide between a duplex, multiplex, or rental project? This property offers the flexibility to pursue multiple options under the new R3-3 zoning guidelines. Situated on a 49.5’ x 122’ lot in desirable Mount Pleasant, this home presents a rare chance to redevelop in one of Vancouver’s most sought-after neighbourhoods. Whether you’re looking to build a duplex, multiplex, or rental-focused multiplex following R1 regulations, the possibilities are wide open for the right vision. Just steps from shopping, restaurants, the Seawall, and more, this is a prime opportunity to build for eager buyers in one of Vancouver’s most desirable neighbourhoods. Contact me for more details.

General Info

Price $3,099,999
Total Bedrooms 4
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 3344
Lot Size 6039
Lot Size Depth Feet
Lot Size Frontage 49.5
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1909
Age Of Building 116
Building Type Single Family Residence
Property Type Residential
Stories 3
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3057677
Area Vancouver East
Neighbourhood Mount Pleasant VE
City Vancouver
Gross Taxes $8,521.05
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Forced Air, Wood

Utilities

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

Parking

Parking Type Garage Single
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RM-4
Rental Suites -
# of Kitchens 2
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Roof Asphalt

Property History

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Status Date Price
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Listed by: Oakwyn Realty Ltd.

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

Secondary
Vancouver Technical Secondary School
5.44 km
Elementary
Mount Pleasant Elementary School
0.33 km

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

Private Schools

Elementary
St. Francis Xavier
0.47 km
Secondary
Columbia College
0.91 km

Closest Transit

Translink
Westbound E Broadway @ Fraser St
0.17 km
Skytrain
Skytrain @ Vcc-Clark Stn
0.70 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 654 E 7th Avenue, a Stunning Home in the Heart of Vancouver's Mount Pleasant Neighborhood!

As we step into this beautiful property, you'll be surrounded by the vibrant energy of one of Vancouver's most sought-after neighborhoods. With the MLS listing R3057677, this home is not only a stunning addition to the community but also a prime location for those who crave the perfect blend of urban living and natural beauty.

Education: The Cornerstone of a Strong Community

Families love this area because of its excellent schools. Located just 0.33 km from Mount Pleasant Elementary School, this home is within walking distance of a top-rated institution. With a rating of No Rating, Mount Pleasant Elementary School is a testament to the community's commitment to education. Additionally, Vancouver Technical Secondary School is just 5.44 km away, offering students a range of academic and extracurricular opportunities.

For those seeking a more independent educational experience, St. Francis Xavier is the closest elementary independent school, boasting a stellar rating of 9.8/10 and located just 0.47 km from this stunning property. Meanwhile, Columbia College, a secondary independent school, is just 0.91 km away, offering students a unique and enriching educational experience.

Safety First: Understanding Crime Rates in the Area

According to the freshest crime data from Statistics Canada (2020), the overall crime rate near 654 E 7th Avenue, Vancouver, BC is 7,470.82, which is Average compared to other Canadian cities. The rate is calculated as the number of incidents per 100,000 population. Year by year, the total crime rate has decreased by 14.94%.

Breaking down the crime statistics, we see that the drug crime rate is Average, with a rating of 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020, with a year-by-year change in the illegal substances offences ranking of 1.58%.

Property crimes in the neighborhood are Above Average, with a rating of 5,020.27. There were 35,089 property misconduct incidents in the neighborhood in 2020, with a year-by-year change in the property misconduct rate of -20.80%.

Lastly, the violent crime rate is Below Average, with a rating of 1,311.69. There were 9,168 violent lawbreaking disorders in 2020, with a year-by-year change in the violent crime rate of 3.53%.

Lifestyle Amenities: Where Urban Living Meets Natural Beauty

The closest Bus station is Westbound E Broadway @ Fraser St, just 0.17 km away from this listing with MLS R3057677. Imagine easy access to public transportation, allowing you to explore the city without worrying about parking or traffic.

This neighborhood is also home to a diverse range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. With so much to see and do, you'll never be bored in this vibrant community.

Demographics: A Thriving Community with a Unique Character

Did you know that 46.6% of people with a university certificate or degree live in this neighborhood? This is High compared to other BC neighborhoods. Meanwhile, only 7.3% of the population has no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income near this dwelling is $58,832, which is Below Average compared to the British Columbia average. However, the median personal income is $41,461, which is Above Average in comparison to the BC average. Furthermore, 74.3% of households in this census subdivision have a mortgage, which is High.

Real Estate Context: A Prime Location with Exceptional Value

With an average value of dwellings in this neighborhood around $512,551, this area is Above Average compared to other areas in British Columbia. As for the average owner payments, they are Above Average, with $1,475 spent on average for the dwelling. Tenants, on the other hand, pay an average of $1,128 in this district, which is also Above Average.

In terms of ownership, 59.7% of the population in this district are renters, which is High compared to other BC cities and areas. Meanwhile, the average age of the population in this area is 38.9, which is Below Average compared to other BC cities.

Transportation: Easy Access to Public Transit and Beyond

With 27.6% of the population using Public Transport, this area is High compared to other cities. Meanwhile, 41.7% of the population use Cars, which is Low. 15.4% of people use Bicycles, which is High, and 13.

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 $3,099,999
Vancouver $3,134,548
Mount Pleasant VE 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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