8568 Oak St, Vancouver, BC
$2,980,000
Est. Mortgage /mo
MLS# R3038191
6
Beds
3
Baths
2850
sqft
1046
$
/sqft
1956
built
Property Details & Specs
Investors & Developers Alert: 2-Lots (8556 & 8568) on Oak Street for sale! Prime NE corner of Oak & W 70th, central with quick access to Richmond and Marine Drive Skytrain. Under the Marpole Community Plan, designated for up to 6-storey condos with 2.50 FSR (approx. 18,912 sq.ft. buildable). Frontage on Oak with lane access. Existing homes upgraded with $200,000 renovations in 2015, including solid wood doors, hardwood floors (2nd & 3rd levels), and fully tiled kitchens/bathrooms. School: Sir Winston Churchill Secondary (IB Program).
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 17' x 17' ft |
| Main Level | Dining Room | 10'5 x 10'5 ft |
| Main Level | Kitchen | 11'3 x 11'3 ft |
| Main Level | Bedroom | 11'5 x 11'5 ft |
| Main Level | Bedroom | 13' x 13' ft |
| Main Level | Patio | 21' x 21' ft |
| Above Level | Living Room | 17' x 17' ft |
| Above Level | Dining Room | 10'5 x 10'5 ft |
| Above Level | Kitchen | 11'3 x 11'3 ft |
| Above Level | Bedroom | 1' x 1' ft |
| Above Level | Bedroom | 1' x 1' ft |
| Above Level | Patio | 21' x 21' ft |
| Basement Level | Living Room | 16'5 x 16'5 ft |
| Basement Level | Kitchen | 12'2 x 12'2 ft |
| Basement Level | Bedroom | 1' x 1' ft |
| Basement Level | Bedroom | 1' x 1' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Above Level | No | #4 |
| Below | No | #4 |
Listed by: Luxmore 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 & Transit Info
Public Schools
- Secondary
- Sir Winston Churchill Secondary School
- 1.32 km
- Elementary
- Sir Wilfrid Laurier Elementary School
- Above Average
- 1.13 km
- Elementary
- Sir Wilfrid Laurier Elementary School
- 1.13 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary
- St. Anthony of Padua
- Above Average
- 0.71 km
- Secondary
- Royal Canadian College
- 0.82 km
Closest Transit
- Bus Stop
- Northbound Oak St @ W 70 Ave
- 0.02 km
- Skytrain
- Skytrain @ Marine Drive Stn
- 0.94 km
Crime Rate
- Total Crime Rate
- Average
- Violent Crime Rate
- Below Average
- Property Crime Rate
- Above Average
Demographics
- Post-Secondary Education
- Above Average
- 36.6%
- No Certificate/Degree
- Average
- 13.5%
- Owner Occupied
- Below Average
- 42.1%
- Employment Rate
- Above Average
- 71.8%
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
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes
$561
Maintenance fee
0
Financing 80% of the $2,980,000 asking price over 30 years at 4% results in approximately $11,943/month in total estimated carrying costs, $561 property tax.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment
0%
This listing generates an estimated $9,552/month in rental income, leaving a -$2,639/month cashflow at current carrying costs. Investors targeting break-even would need roughly 39% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$2,980,000
Vancouver
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Marpole
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Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $2,245,000 across 2 active listings — this listing is 32.7% above the Vancouver average.
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
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
Property FAQs
What are the closest top-rated schools to 8568 Oak Street, Vancouver, BC?
The closest top-rated schools are Sir Winston Churchill Secondary School and Sir Wilfrid Laurier Elementary School.
Is 8568 Oak Street, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 8568 Oak Street, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $17,880.
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