$2,388,000

753 E 55TH AVENUE

Vancouver BC V5X 1N8 - South Vancouver
10 bd
4 ba
4,200 sqft
Built 1967

About This Property

INVESTOR & BUILDER ALERT! Exceptional opportunity to acquire an approx. 7,900 SQFT subdividable property (buyer to verify with City of Vancouver) in highly desirable South Vancouver. Featuring wide frontage, a prime elevated location, and stunning southern views of Richmond and the Fraser River, this property offers outstanding redevelopment potential, including the possibility of future multi-family zoning for up to 8 units (buyer to verify with the City). The revenue-generating home is an ideal holding property, with major 2022 renovations including windows, hot water tank, furnace, gutters, downspouts, most electrical upgrades, and a renovated basement. Conveniently located near Langara College, shopping, transit, and everyday amenities. A rare investment and development opportunity.

Features

Balcony
Garage Double
Front Access
Shopping Nearby
Room measurements19 rooms
Living RoomMain · 14'9 × 19'7
Dining RoomMain · 15'4 × 22'
KitchenMain · 13'11 × 20'1
BedroomMain · 10'5 × 16'1
Walk-In ClosetMain · 7'3 × 6'9
BedroomMain · 13'7 × 12'
BedroomMain · 9'7 × 9'7
BedroomMain · 9'7 × 15'5
FoyerMain · 9'4 × 9'2
KitchenBelow · 10'3 × 11'5
Living RoomBelow · 9'5 × 15'9
BedroomBelow · 13'10 × 8'8
BedroomBelow · 10'4 × 9'10
BedroomBelow · 9'11 × 10'
KitchenBelow · 13'4 × 11'4
Living RoomBelow · 14'4 × 8'10
BedroomBelow · 9'10 × 13'4
BedroomBelow · 14' × 13'
BedroomBelow · 10'8 × 13'8

Property Details

MLS NumberR3150134
Property TypeSingle Family Residence
Bedrooms10
Bathrooms4
Square Feet4,200
Lot Size7,897.43 sqft
Year Built1967
Parking Spaces2
HeatingBaseboard
Days on Market16
StatusActive
Listed ByLuxmore Realty

School Catchment

Elementary Henderson
Secondary John Oliver

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,700,000Median home value
$87,000Median household income
50%Owner-occupied
15.3%Single-detached homes
3.1Avg household size
39.2Median age
32.5%Bachelor's degree or higher (25-64)
49.6%Commute under 30 min
61.4%Drive to work
55.1%Foreign-born residents
5,213Neighbourhood population

Age

Under 15: 12.8%15 to 64: 70%65 and over: 17.2%
  • Under 1512.8%
  • 15 to 6470%
  • 65 and over17.2%

Household size

  • 1 person18.9%
  • 225.7%
  • 318.6%
  • 418%
  • 5 or more18.6%

Language spoken at home

26.6% English mother tongue

  • Punjabi22.8%
  • Cantonese11%
  • English + other9%
  • Tagalog7.4%
  • Mandarin2.8%
  • Spanish2.7%
  • All others17.7%

Mother tongue, share of 5,210 residents.

How this pocket differs

  • Median dwelling value is notably higher than Metro Vancouver $1,700,000 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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