$3,300,000

7957 COLUMBIA STREET

Vancouver BC V5X 2Z3 - Marpole
2,511 sqft

About This Property

Rare RM-8 and TOA development opportunity on an approximately 8,255 sq.ft. lot, walking distance to Marine Gateway, with dual frontage (W 64th & Columbia). The RM-8 designation allows townhouse and rowhouse forms at up to 1.20 FSR, supporting approximately 9,900 sq.ft. of potential TH density. The property ALSO falls within Tier 3 TOA boundaries,…

Features

Front Access
Near Shopping

Property Details

MLS NumberR3151553
Square Feet2,511
Lot Size8,255 sqft
Days on Market38
StatusActive
Listed ByRennie & Associates Realty Ltd.

School Catchment

Elementary Sexsmith
Secondary Churchill

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,340,000Median home value
$69,500Median household income
49.4%Owner-occupied
15.1%Single-detached homes
2.2Avg household size
35.6Median age
57.4%Bachelor's degree or higher (25-64)
59.5%Commute under 30 min
60.6%Drive to work
53.1%Foreign-born residents
7,090Neighbourhood population

Age

Under 15: 10%15 to 64: 73.4%65 and over: 16.6%
  • Under 1510%
  • 15 to 6473.4%
  • 65 and over16.6%

Household size

  • 1 person36.2%
  • 234.2%
  • 313.8%
  • 49.7%
  • 5 or more6.2%

Language spoken at home

27.6% English mother tongue

  • Cantonese20.1%
  • Mandarin19.8%
  • English + other5.7%
  • Tagalog3.8%
  • Punjabi3.1%
  • Korean3%
  • All others16.9%

Mother tongue, share of 6,930 residents.

How this pocket differs

  • notably more Punjabi speakers than Marpole 3.1% vs 1.6%
  • notably more Korean speakers than Marpole 3% vs 1.7%
  • more Mandarin speakers than Marpole 19.8% vs 15.6%
  • more Cantonese speakers than Marpole 20.1% vs 16.4%
  • Median household income is lower than Metro Vancouver $69,500 vs $90,000
  • Median dwelling value is higher than Metro Vancouver $1,340,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

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Monthly Cost Calculator

Estimated monthly cost $17,092
Mortgage payment$15,219
Property tax$1,543
Home insurance$330
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An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Sep 3

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