Prime Development Location! 2,696 sq.ft. Income Property Exceptional opportunity in a rapidly growing prime area! This spacious 2,696 sq.ft. home offers incredible structural bone and holding income with a stable 15-year tenant. While it needs cosmetic TLC, look past the surface to see the massive potential to update and maximize value. Layout: 3 beds & 2…
Prime Development Location! 2,696 sq.ft. Income Property Exceptional opportunity in a rapidly growing prime area! This spacious 2,696 sq.ft. home offers incredible structural bone and holding income with a stable 15-year tenant. While it needs cosmetic TLC, look past the surface to see the massive potential to update and maximize value. Layout: 3 beds & 2 baths upstairs. 2 beds, 1 bath & kitchen downstairs with a separate entrance—perfect future mortgage helper. Major Upgrades: Peace of mind with a torch-on roof (2010), high-efficiency furnace (2019), laminate flooring (2008), repaired deck/balcony (2011), and new fridge (2021). Ideal for investors seeking a solid holding property for future redevelopment, or buyers looking to sweat-equity this into a gem with massive rental upside.
Features
Garage Double
Front Access
Room measurements12 rooms▸
Living RoomMain · 13' × 18'6
Dining RoomMain · 12' × 12'6
KitchenMain · 10'2 × 18'4
Family RoomMain · 11'5 × 18'4
Primary BedroomMain · 12' × 14'
BedroomMain · 11'5 × 12'10
BedroomMain · 9'4 × 10'4
Living RoomBelow · 12'11 × 17'2
KitchenBelow · 11'9 × 13'
BedroomBelow · 11'1 × 12'1
BedroomBelow · 9'1 × 10'9
LaundryBelow · 7'5 × 9'
Floor plan
🔍 Tap to zoom
Pinch or scroll to zoom · drag to pan · double-tap to reset
Property Details
MLS NumberR3130213
Property TypeSingle Family Residence
Bedrooms5
Bathrooms2.5
Square Feet2,696
Lot Size7,857 sqft
Year Built1972
Parking Spaces2
HeatingNatural Gas
Days on Market78
StatusActive
Listed ByRoyal First Realty
School Catchment
ElementaryForsyth Road
SecondaryKwantlen Park
Neighbourhood
Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,200,000Median home value
$77,500Median household income
40.6%Owner-occupied
39%Single-detached homes
2.9Avg household size
34.8Median age
22%Bachelor's degree or higher (25-64)
35.6%Commute under 30 min
64.4%Drive to work
48.7%Foreign-born residents
1,987Neighbourhood population
Age
Under 1517.3%
15 to 6471.4%
65 and over11.3%
Household size
1 person25.2%
225.9%
316.3%
414.8%
5 or more17.8%
Language spoken at home
41.1% English mother tongue
Punjabi16.1%
English + other5.3%
Arabic4%
Spanish3.8%
Hindi3.5%
Tagalog3%
All others23.2%
Mother tongue, share of 1,985 residents.
How this pocket differs
more people living alone than Bolivar Heights 25% vs 17.4%
notably fewer Tagalog speakers than Bolivar Heights 3% vs 4.7%
notably more Arabic speakers than Bolivar Heights 4% vs 2.6%
notably more Spanish speakers than Bolivar Heights 3.8% vs 2.5%
more Punjabi speakers than Bolivar Heights 16.1% vs 12.2%
more Hindi speakers than Bolivar Heights 3.5% vs 2.8%
Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.
Ped NaimiPersonal Real Estate Corp
Vinod BashirPersonal Real Estate Corp
Thinking of selling in Bolivar Heights?
See what your home could be worth and how the local market is moving.
1 / 2 photos
