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$1,698,000

1987 E 61ST AVENUE

Vancouver BC V5P 2K2 - Fraserview VE
5 bd
2 ba
1,865 sqft
Built 1950

About This Property

Attention builders, investors & redevelopment buyers! Rare high side corner lot with lane access on 2 sides in desirable Fraserview. Approx. 44.5' x 120' lot (5,300+ sqft) with R1-1 zoning offering excellent redevelopment potential for multiplex, duplex + suites + laneway or future infill opportunities (buyer to verify with City of Vancouver). Existing…

Features

Balcony
Private Yard
Carport Multiple
Front Access
Side Access
Shopping Nearby
Room measurements12 rooms▸
Living RoomMain · 12'7 × 15'2
Dining RoomMain · 5'3 × 10'
KitchenMain · 12'8 × 14'9
Primary BedroomMain · 9' × 12'7
BedroomMain · 10'7 × 8'11
BedroomMain · 10'4 × 8'7
Living RoomBsmt · 12'2 × 12'5
KitchenBsmt · 12'9 × 9'7
BedroomBsmt · 8'10 × 9'1
BedroomBsmt · 12'3 × 11'3
Flex RoomBsmt · 12'7 × 12'2
LaundryBsmt · 6'11 × 7'11

Property Details

MLS NumberR3129212
Property TypeSingle Family Residence
Bedrooms5
Bathrooms2
Square Feet1,865
Lot Size5,340 sqft
Year Built1950
Parking Spaces2
HeatingForced Air
StatusClosed
Listed ByMacdonald Realty

School Catchment

Elementary Douglas
Secondary David Thompson

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$2,000,000Median home value
$91,000Median household income
62.4%Owner-occupied
29.5%Single-detached homes
2.9Avg household size
45.6Median age
34.9%Bachelor's degree or higher (25-64)
64.5%Commute under 30 min
82.6%Drive to work
59%Foreign-born residents
3,908Neighbourhood population

Age

Under 15: 11.5%15 to 64: 66.9%65 and over: 21.6%
  • Under 1511.5%
  • 15 to 6466.9%
  • 65 and over21.6%

Household size

  • 1 person19.8%
  • 229.3%
  • 319%
  • 416.8%
  • 5 or more15%

Language spoken at home

33.6% Cantonese mother tongue

  • English28.8%
  • Punjabi8.1%
  • English + other6%
  • Mandarin5.1%
  • Tagalog4.6%
  • Vietnamese4%
  • All others9.8%

Mother tongue, share of 3,910 residents.

How this pocket differs

  • more seniors 65+ than Vancouver East 21.6% vs 17%
  • notably more 5+ person households than Vancouver East 15.1% vs 8.7%
  • notably fewer people living alone than Vancouver East 19.9% vs 32.3%
  • more 4-person households than Vancouver East 16.9% vs 12.7%
  • notably more Punjabi speakers than Vancouver East 8.1% vs 3.6%
  • notably more Cantonese speakers than Vancouver East 33.6% vs 17.8%
  • Median dwelling value is notably higher than Metro Vancouver $2,000,000 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.

Land & Development

Lot size5,285 sqft
Lot dimensions44 × 119 ft
Lot shapeRectangular
Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.

Monthly Cost Calculator

Estimated monthly cost $8,789
Mortgage payment$7,901
Property tax$719
Home insurance$170
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Oct 22

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