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219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West) : MLS®# R2605839

Posted by Aedis Realty on August 15, 2022
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Sunset on the Fraser River

The Neighbourhood

Sunset 1An ethnically diverse neighbourhood within Ontario Street on the west and Knight Street on the east, Sunset extends from 41st Avenue south to the Fraser River in southeastern Vancouver, British Columbia. Like most of southeast Vancouver, the area was once mostly working class, but rising prices everywhere have made the area increasingly popular with young professionals and families no longer able to afford houses on the west side.

Background

Formerly part of the incorporated District of South Vancouver, the neighbourhood became part of Vancouver in 1929. As farmland sloping southward to the river with clusters of homes and villages by the 1860s, when the Fraser River was a full day’s journey to the Granville Townsite on the Burrard Inlet by boat or overland through forest and swamp, Sunset welcomed the advance of Westminster Avenue, now Main Street, south from Mount Pleasant in 1910.

The first immigrants from Punjab arrived in Vancouver in the 1890s. Most of them settled in the area around Main Street and 49th Avenue, and many established restaurants and businesses there. Over the years the Sunset neighbourhood has become for Vancouver’s estimated 160,000 South Asian residents a central assembly point of culture and commerce.

The number of Punjabi speakers increased steadily for decades. It is now the most common language in Sunset. More than one in four, 26 per cent of the Sunset population, in 2006 spoke Punjabi as their first language compared to less than three per cent of the general city population, 21 percent spoke Chinese, and 24 percent English. Businesses, restaurants, and services catering to these communities proliferated along Fraser and Main streets; prominent among them was the Punjabi Market.

Sunset 2Information Links:

http://southhillbia.ca
http://vancouver.ca/green-vancouver/sunset.aspx
http://www.mysunset.net

The Punjabi Market

The Punjabi Market is a commercial district and ethnic enclave in a roughly six-block section around Main Street and 49th Avenue. Vancouver is home to more than 200,000 people of Indian and Pakistani descent, nowhere more vibrant than at the Punjabi Market, a world of glittering bangles, flowing saris, and rich curry aromas. The neighbourhood gives visitors a glimpse of South Asian culture on Canada’s Pacific Coast. Shops sell fine silk saris in a rainbow of bright colors and elaborate gowns with thousands of tiny inlaid gems. Bhangra music from Bollywood films pumps out of storefronts. Fine jewelers offer exquisite gold rings, bracelets, and necklaces. In April, the Punjabi Market celebrates Vaisakhi Day, the Sikh New Year, with a colorful parade through the streets attracting thousands of spectators.

Vancouver’s Punjabi Market has been a city fixture for decades, but the 2013 municipal Assessment Roll Report finds the area in financial trouble: “Values here are down about 15 percent as the regional [Indo-Canadian] retail hub continues to shift towards Surrey.” Even Tourism Vancouver says the Punjabi Market is struggling. Once famous for many jewelry stores, the Punjabi Market now displays lots of empty space for lease. Elsewhere across the city, retail property value assessments rise but decline here as businesses relocate to Surrey.

The Punjabi Market Association says the district needs some help from the city, province, and federal governments if it’s going to survive. The Surrey Board of Trade says its city offers lower rents and taxes than does Vancouver.

New Sunset Live MLS Listings

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219 W 42ND Avenue
Oakridge VW Vancouver V5Y 2T2

$7,250,000
Residential Detached beds: 4 baths: 3.0 2,952 sq. ft. built: 1993

Main Photo: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 1: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 2: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 3: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 4: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 5: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 6: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 7: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 8: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 9: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 10: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 11: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 12: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 13: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 14: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 15: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 16: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 17: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 18: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 19: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 20: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 21: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 22: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 23: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 24: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 25: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 26: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 27: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 28: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 29: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 30: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 31: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 32: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 33: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 34: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 35: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 36: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Photo 37: 219 W 42ND Avenue in Vancouver: Oakridge VW House for sale (Vancouver West)  : MLS®# R2605839
Status:
Active
Prop. Type:
Residential Detached
MLS® Num:
R2605839
Bedrooms:
4
Bathrooms:
3
Year Built:
1993
LOCATED DIRECTLY across from COLUMBIA PARK! Great opportunity in OAKRIDGE AREA for this Development site with 2-2.5 FSR Cambie Corridor plan zoning for 4-6 storey building on W.42nd Ave and Columbia St. TWO LOT ASSEMBLY. Sold in conjunction with Corner Lot, 211 W.42nd Ave. Total Site is almost 13,000 Square Feet. Prestigious Westside Oakridge Location, close to Skytrain, Oakridge mall, shops and restaurants. Mins from Langara Golf Course & Queen Elizabeth Park. School catchment French Immersion General Gordon Elementary and Churchill Winston Secondary, Sir William Van Horne, Eric Hamber schools. Investors/developers Alert.
Property Type:
Residential Detached
Dwelling Type:
House/Single Family
Home Style:
Year built:
1993 (Age: 29)
Total area:
2,952 sq. ft.
Total Floor Area:
2,952 sq. ft.
Price Per SqFt:
Total unfinished area:
Main Floor Area:
1,128 sq. ft.
Floor Area Above Main:
Floor Area Above Main 2:
0 sq. ft.
Floor Area Below Main:
Basement Area:
No. Floor Levels:
3.0
Rainscreen:
Bedrooms:
4 (Above Grd: 3)
Bathrooms:
3.0 (Full:3/Half:0)
Kitchens:
Rooms:
Taxes:
$12,375.9 / 2021
Lot Area:
6,405 sq. ft.
Lot Frontage:
52'6"
Lot Depth:
122
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Pad Rental:
# or % of Rentals Allowed:
Water Supply:
Plan:
VAP7737
Total Units in Strata:
Heating:
Construction:
Foundation:
Basement:
Full
Full Height:
Crawl Height:
Roof:
Floor Finish:
Fireplace Details:
Parking:
Parking Total/Covered:
2 / 2
Parking Access:
Exterior Finish:
Title to Land:
Freehold NonStrata
Flood Plain:
Suite:
Floor
Type
Size
Other
Main
Main
Main
Main
Above
Above
Above
Bsmt
Bsmt
Bsmt
Floor
Ensuite
Pieces
Other
Above
Above
Bsmt
Clothes Washer/Dryer/Fridge/Stove/DW
Central Location, Golf Course Nearby, Lane Access, Recreation Nearby, Shopping Nearby
Garden, In Suite Laundry
COLUMBIA PARK
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Cats:
Dogs:
Units in Development:
Plumbing Details:
Services Connected:
Previous Price:
Original Price:
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Listed by RE/MAX City Realty
Data was last updated August 16, 2022 at 12:05 AM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$5,199,500
Min list price:
$2,988,000
Max list price:
$9,998,000
Avg days on market:
122
Min days on market:
26
Max days on market:
1,055
Avg price per sq.ft.:
$1,511.06
These statistics are generated based on the current listing's property type and located in Oakridge VW. Average values are derived using median calculations.
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