$1,688,000

3553 INVERNESS STREET

Vancouver BC V5V 4V6 - Knight
5 bd
2 ba
1,780 sqft
Built 1939

About This Property

PRIME EAST VANCOUVER MULTI-FAMILY DEVELOPMENT OPPORTUNITY! A rare offering in a rapidly evolving neighborhood, this 4230 SQFT site strategically located just off Kingsway on Inverness St, well-positioned for potential rezoning, allowing for apartment developments with residential rental tenure at FSRs up to 2.40 (subject to city approval). This is an ideal…

Features

Other
Guest
Shopping Nearby
Room measurements8 rooms
Living RoomMain · 14'0 × 16'0
KitchenMain · 12'0 × 13'0
Primary BedroomMain · 11'0 × 12'0
BedroomMain · 10'0 × 10'0
BedroomBsmt · 9'0 × 16'0
BedroomBsmt · 11'0 × 13'0
BedroomBsmt · 11'0 × 11'0
LaundryBsmt · 11'0 × 13'0

Property Details

MLS NumberR3127416
Property TypeSingle Family Residence
Bedrooms5
Bathrooms2
Square Feet1,780
Lot Size4,230 sqft
Year Built1939
Parking Spaces1
HeatingForced Air, Natural Gas
Days on Market80
StatusActive
Listed ByRoyal Regal Realty Ltd.

School Catchment

Elementary Dickens
Secondary Tupper

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,500,000Median home value
$90,000Median household income
44.6%Owner-occupied
14.5%Single-detached homes
2.4Avg household size
36.4Median age
49.5%Bachelor's degree or higher (25-64)
57.1%Commute under 30 min
54.2%Drive to work
34.3%Foreign-born residents
5,058Neighbourhood population

Age

Under 15: 13.8%15 to 64: 74.2%65 and over: 12%
  • Under 1513.8%
  • 15 to 6474.2%
  • 65 and over12%

Household size

  • 1 person30.6%
  • 233.6%
  • 315.9%
  • 413.8%
  • 5 or more6.1%

Language spoken at home

58.7% English mother tongue

  • Cantonese12%
  • English + other4.7%
  • Vietnamese4.5%
  • Tagalog3.4%
  • Spanish2.1%
  • Mandarin2%
  • All others12.6%

Mother tongue, share of 5,055 residents.

How this pocket differs

  • fewer seniors 65+ than Knight 12% vs 15.7%
  • notably fewer 5+ person households than Knight 6.1% vs 11.3%
  • more people living alone than Knight 30.6% vs 24.3%
  • notably fewer Tagalog speakers than Knight 3.4% vs 7.1%
  • fewer Cantonese speakers than Knight 12% vs 16.6%
  • Median dwelling value is higher than Metro Vancouver $1,500,000 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.

Thinking of selling in Knight?

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Monthly Cost Calculator

Estimated monthly cost $8,571
Mortgage payment$7,731
Property tax$670
Home insurance$170
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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 Aug 10

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