986 E 57th Ave, Vancouver, BC | MLS^® R2974564 Property Details

Investor, Builder, Up-sizer alert! This home in East Vancouver offers exceptional rental income and great redevelopment potential. Featuring a south-facing backyard, the property has potential for additional laneway house or multi-unit redevelopment. The upper level has three bedrooms and 1.5 bathrooms. The lower level features a separate three-bedroom rental suite, providing excellent income potential. With functional layouts on both floors, this home is ideal for investors or multi-generational families. Located in a high-demand area, this property is close to transit, schools, parks, and shopping, making it a valuable long-term investment. Don’t miss out on this rare opportunity to own a versatile income-generating home with future development options!

General Info

Price $1,498,000

Total Bedrooms 6

Total Bathrooms 2

Half Bathrooms 1

Floor Area Total (sqft) 2036

Lot Size 3597

Lot Size Depth Feet

Lot Size Frontage 33

Basement Full

Basement Features BasementFeatures

Property Metrics

Year Built 1951

Age Of Building 74

Building Type Single Family Residence

Property Type Residential

Stories 2

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R2974564

Area Vancouver East

Neighbourhood South Vancouver

City Vancouver

Gross Taxes $6,975.11

Ownership Type Freehold NonStrata

Maintenance Fee -

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Forced Air, Natural Gas

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Single

Total Parking Spaces 2

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Strata Restrictions -

Rental Restrictions -

Zoning R1-1

Rental Suites -

# of Kitchens 2

Flooring Hardwood, Laminate, Tile

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Exterior Features Balcony

Sewer Public Sewer, Sanitary Sewer

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Kitchen	9'5 x 9'5 ft
Main Level	Dining Room	9'2 x 9'2 ft
Main Level	Living Room	14'1 x 14'1 ft
Main Level	Primary Bedroom	11'11 x 11'11 ft
Main Level	Bedroom	12'9 x 12'9 ft
Main Level	Bedroom	9'11 x 9'11 ft
Main Level	Foyer	22'10 x 22'10 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#3
Main Level	Yes	#2
Below	No	#3

Listed by: Sutton Centre Realty

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

John Oliver Secondary School

1.73 km

Elementary

Walter Moberly Elementary School

Average

0.28 km

5.8/10

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

Private Schools

Elementary

St. Andrew's

1.26 km

Secondary

Royal Canadian College

2.68 km

Closest Transit

Bus Stop

Northbound Fraser St @ E 57 Ave

0.37 km

Skytrain

Skytrain @ Langara-49Th Stn

2.40 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

986 E 57th Avenue is serviced by Walter Moberly Elementary School. The property with listing MLS^® R2974564 is located 0.28 km from the school. Walter Moberly Elementary School has a rating of Rating 5.8/10.

This home with address 986 E 57th Avenue, Vancouver, BC is also serviced by John Oliver Secondary School and located 1.73 km from it. John Oliver Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 986 E 57th Avenue is St. Andrew's with School's rating No Rating, located 1.26 km from this home.

The closest to this address 986 E 57th Avenue Secondary independent school is Royal Canadian College with School's rating No Rating, located 2.68 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 986 E 57th Avenue, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS^® R2974564 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 986 E 57th Avenue are Above Average. Property misconduct rating adjacent to MLS^® R2974564 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Northbound Fraser St @ E 57 Ave in 0.37 km away from this listing with - MLS^® R2974564.

25.7% of people with university certificate/degree live in this neighbourhood adjacent to the 986 E 57th Avenue which is Above Average in comparison with other BC neighbourhoods. 24.8% of population in this neighbourhood that is near the Listing MLS^® R2974564 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 986 E 57th Avenue, Vancouver, BC is $73472 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS^® R2974564 is $24870 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 57.1% which is Average.

Unemployment rate in the area around Real Estate Listing # R2974564 is 5.3 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 986 E 57th Avenue South Vancouver where population change between 2011 and 2016 was -1.5%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 986 E 57th Avenue, Vancouver, BC is 6838.5 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 986 E 57th Avenue is 3.2. This is High number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS^® R2974564 is 78.4% and it is High. % of Married or living common law is around 56.2% and it is Below Average.

Average age of the population close to the 986 E 57th Avenue is 38.3 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 986 E 57th Avenue, Vancouver, BC is $1544739 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 986 E 57th Avenue. $1868 owners spent in average for the dwelling. Tenants are paying $1139 in this district close to MLS^® R2974564 and it is Above Average comparing to other cities.

44.7% of Population in this district near the 986 E 57th Avenue are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 986 E 57th Avenue, Vancouver, BC is 3.2%, it is Low, % of English speakers only is 86.1% and Below Average. % of Neither English nor French speakers close to home for sale 986 E 57th Avenue, Vancouver, BC is 10.6% and it is High comparing to other BC cities.

33.2% of all population in the area around this property with the address 986 E 57th Avenue, Vancouver, BC using Public Transport which is High, 62.1% of using population are using Cars around MLS^® R2974564, which is Low. 0.8% of people using Bicycles around the 986 E 57th Avenue and it is Below Average. 2.7% of population are walking which is Below Average

986 E 57th Ave, Vancouver, BC, MLS^® R2974564