5156 Rupert Street, Vancouver
5156 Rupert Street, East Vancouver
Offered at $1,750,000
5156 Rupert Street, East Vancouver, Collingwood builder/developer lot. This home sits on the perfect larger lot for development of duplex, single family house or low-rise development (with land assembly). It’s not often larger lots like this one are available on the market!
more about this development lot at 5156 Rupert Street in east vancouver’s collingwood neighbourhood
5156 Rupert Street in Vancouver, BC, is located in the Collingwood neighborhood, a vibrant and diverse community in the city’s East Vancouver area. Here’s an overview of the property and its surrounding area:
Key Features of 5156 Rupert Street:
1. Location in East Vancouver (Collingwood Neighborhood)
• Situated in Collingwood, one of Vancouver’s rapidly developing neighborhoods, Rupert Street runs north to south through the area, offering convenient access to key amenities and transportation options.
• The location is close to Kingsway, a major thoroughfare that runs through Vancouver, providing access to shops, restaurants, and services. It also connects to Burnaby and other nearby neighborhoods.
2. Residential Area with Mixed Zoning
• Rupert Street and the surrounding area include a mix of single-family homes, duplexes, and multi-family buildings. The zoning in parts of Collingwood allows for residential homes with potential for development, making it a desirable area for investors and families alike.
• Homes in this area can vary in age and design, with a mix of older Vancouver Special homes, newer duplexes, and modern infill properties.
3. Access to Public Transit
• 5156 Rupert Street offers easy access to public transportation. It’s close to the Rupert SkyTrain Station on the Millennium Line, which connects to downtown Vancouver, Burnaby, and the rest of the Lower Mainland.
• Bus routes also run along Rupert Street and Kingsway, making commuting and travel around the city convenient.
4. Proximity to Schools and Parks
• The area is family-friendly, with several schools nearby, including Graham D. Bruce Elementary and Windermere Secondary School.
• There are also multiple parks within walking distance, such as Renfrew Ravine Park and Norquay Park, providing green spaces for recreation and outdoor activities.
5. Shopping and Amenities
• 5156 Rupert Street is close to local shops, ethnic restaurants, and grocery stores, including the Collingwood and Norquay Village shopping districts.
• Metropolis at Metrotown, one of the largest shopping malls in Canada, is just a short drive away in Burnaby, offering a wide variety of retail options.
6. Real Estate Development Potential
• East Vancouver, particularly areas like Collingwood, has seen increasing real estate interest due to its proximity to downtown, relatively more affordable housing (compared to Westside Vancouver), and zoning that allows for densification.
• Properties along major streets like Rupert often have potential for future development into multi-family homes, making them appealing for developers and investors.
7. Demographics and Community
• The Collingwood neighborhood is known for its diversity, with a mix of cultures and a wide range of community services and programs. This makes it a vibrant and lively area to live in, with a strong sense of community.
• The area has a blend of older residents, young families, and professionals, which gives it a unique character and energy.
8. Potential for Customization or Renovation
• If 5156 Rupert Street is a single-family home, it might offer opportunities for renovation or customization to suit personal tastes or modernize the space. Many older homes in East Vancouver are being updated with more contemporary designs or replaced with new builds that take advantage of the property’s full potential.
Summary:
5156 Rupert Street is located in the thriving Collingwood neighborhood of East Vancouver, an area known for its diversity, strong community atmosphere, and access to public transit. This part of Vancouver offers a mix of older homes and newer developments, making it attractive to both families and investors. With its proximity to schools, parks, shopping areas, and public transit, the property’s location is ideal for those looking for convenience and potential in Vancouver’s evolving real estate market.
