877 W 28th Ave, Vancouver, BC, MLS® R3039071

$4,480,000
Est. Mortgage /mo

$4,480,000
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
0 Baths
2 Stories
lot 6250 sqft
2032 sqft
1928 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

877 W 28th Ave, Vancouver, BC | MLS® R3039071 Property Details

To be sold together with 887 West 28th, offering a combined frontage of 100 ft and depth of 125 ft CORNER lot with lane access. A permit to build 12 units at FSR 1.2 is around the corner. The property is located within a Transit Oriented Area and has the potential to be assembled with the adjacent lot, achieving a total of 31,250 sq.ft. and permitting a mid-rise development with an FSR of up to 3.0.

General Info

Price $4,480,000
Total Bedrooms 3
Total Bathrooms 0
Half Bathrooms 0
Floor Area Total (sqft) 2032
Lot Size 6250
Lot Size Depth Feet
Lot Size Frontage 50
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1928
Age Of Building 97
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3039071
Area Vancouver West
Neighbourhood Cambie
City Vancouver
Gross Taxes $12,804.4
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 0
Heating Type Forced Air

Utilities

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

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RS-1
Rental Suites -
# of Kitchens 0
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Lagoon, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Royal Pacific Realty Corp.

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
Emily Carr Elementary School
0.46 km

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

Private Schools

Elementary
Vancouver Talmud Torah Elementary School
0.24 km
Elementary, Secondary
York House School
1.27 km

Closest Transit

Translink
Northbound Oak St @ W 27 Ave
0.27 km
Skytrain
Skytrain @ King Edward Stn
0.71 km

Noise/ Power Lines

Road/Hwy Noise
Possible
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 877 W 28th Avenue, a vibrant and diverse neighborhood in the heart of Vancouver, BC. As your trusted realtor, I'm excited to share with you the unique features and benefits of this charming community.

Education

First, let's talk about education. Your children will thrive in the excellent schools nearby. Emily Carr Elementary School, located just 0.46 km from this property, offers a great learning environment. Although it doesn't have a rating, it's a great option for families. For independent elementary education, consider Vancouver Talmud Torah Elementary School, rated 9.3/10, just 0.24 km away. For secondary education, York House School, rated 10/10, is a short 1.27 km drive.

Safety

When it comes to safety, rest assured that 877 W 28th Avenue, Vancouver, BC is a secure and peaceful neighborhood. According to the latest crime statistics from Statistics Canada (2020), this area has an average crime rate compared to other Canadian cities. With 7,470.82 incidents per 100,000 population, you can feel confident in your decision to live here. The year-over-year change in crime rate is a impressive -14.94%. Additionally, the drug crime rate is average, with 229.49 incidents per 100,000 population, and the year-over-year change is a slight 1.58%. Property crimes are above average, but the year-over-year change is a significant -20.80%. Violent crimes are below average, with 1,311.69 incidents per 100,000 population, and the year-over-year change is a modest 3.53%.

Transit

Convenience is key, and 877 W 28th Avenue, Vancouver, BC has got you covered. The Northbound Oak St @ W 27 Ave bus station is just 0.27 km away, making it easy to get around the city.

Demographics

Let's dive into the demographics of this wonderful neighborhood. With a high percentage of university-educated individuals (51.4%), this area is a hub for professionals and families. The median household income is a respectable $83,861, which is above average in British Columbia. The median personal income is a impressive $43,215, also above average. However, the percentage of households with a mortgage is below average at 52.8%.

Unemployment and Growth

The unemployment rate in this area is a low 6.7%, which is below average compared to other province neighborhoods. The population growth rate between 2011 and 2016 was a healthy 4.4%, which is above average. This area is a great place to call home.

Lifestyle and Amenities

This neighborhood offers a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The average size of families in the area is 2.8, which is below average. However, 59.5% of families have children, which is average. The percentage of married or living common law is 54.1%, which is below average. The average age of the population is 40.9, which is average compared to other BC cities.

Real Estate

The real estate market in this area is thriving, with an average dwelling value of $1,793,194, which is high compared to other areas in British Columbia. The average owner payments are also high, with owners spending an average of $1,835 per month. Tenants, on the other hand, are paying an average of $1,483 per month, which is high. A significant 42.9% of the population in this area are renters, which is above average compared to other BC cities and areas.

Language and Transportation

The language spoken in this area is predominantly English, with 82.4% of the population speaking only English. French is spoken by a small percentage of the population (0.1%), and neither English nor French is spoken by 2.9% of the population, which is above average. When it comes to transportation, 29.5% of the population use public transport, 45.6% use cars, 9.1% use bicycles, and 14.7% walk.

In conclusion, 877 W 28th Avenue, Vancouver, BC is a wonderful neighborhood that offers a unique blend of education, safety, convenience, and lifestyle amenities. As your trusted realtor, I highly recommend this property to anyone looking for a great place to call home. MLS® R3039071 is a rare find, and I encourage you to take a closer look.

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 $4,480,000
Vancouver $3,359,917
Cambie $5,788,000
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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