1440 E 1st Ave, Vancouver, BC | MLS^® R3043767 Property Details

107.55% cheaper than comparables

Investors alert!! Zoning is RM-4N,over 4026 sqft land, potential multi family building(buyer to verify).Hold now and build later, rental income excellent, the building have full completely renovated, newer washer/gas stove/hood-fan/first floor windows/roof/tankless water heater/ high efficiency gas furnace/laminate floor/electrical panel/outdoor stairs , all windows are double glazed, no carpet,most of the fence is new,including interior and exterior painting, All bathroom floors are waterproofed. Opportunity knocks! do not miss it !

General Info

Price $1,590,000

Total Bedrooms 7

Total Bathrooms 3

Half Bathrooms 0

Floor Area Total (sqft) 2411

Lot Size 4026

Lot Size Depth Feet

Lot Size Frontage 33

Basement Full, Finished

Basement Features BasementFeatures

Property Metrics

Year Built 1910

Age Of Building 115

Building Type Single Family Residence

Property Type Residential

Stories 2

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R3043767

Area Vancouver East

Neighbourhood Grandview Woodland

City Vancouver

Gross Taxes $6,916.4

Ownership Type Freehold NonStrata

Maintenance Fee -

Heating & Cooling

Fireplace -

Heating Type Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Additional Parking, Carport Single, RV Access/Parking, Rear Access

Total Parking Spaces 4

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Strata Restrictions -

Rental Restrictions -

Zoning RM-4N

Rental Suites Unauthorized Suite

# of Kitchens 1

Flooring Wall/Wall/Mixed

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Exterior Features Balcony, Private Yard

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Bedroom	9'11 x 9'11 ft
Main Level	Bedroom	9'11 x 9'11 ft
Main Level	Bedroom	15'11 x 15'11 ft
Main Level	Living Room	15'4 x 15'4 ft
Main Level	Dining Room	12'11 x 12'11 ft
Main Level	Kitchen	12'11 x 12'11 ft
Main Level	Foyer	9'11 x 9'11 ft
Main Level	Other	19'8 x 19'8 ft
Above Level	Bedroom	15'11 x 15'11 ft
Above Level	Bedroom	15'10 x 15'10 ft
Below	Bedroom	14'9 x 14'9 ft
Below	Bedroom	14'10 x 14'10 ft
Below	Recreation Room	23'11 x 23'11 ft
Below	Storage	10'11 x 10'11 ft
Below	Other	19'8 x 19'8 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Above Level	Yes	#3
Below	No	#4

Listed by: RE/MAX Colonial Pacific Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS^® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Elementary

Grandview Elementary School

0.33 km

Secondary

Britannia Community Secondary School

0.78 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary

St Francis of Assisi

1.06 km

Elementary, Secondary

Stratford Hall School

1.38 km

Closest Transit

Bus Stop

Northbound Clark Dr @ E 1st Ave

0.21 km

Skytrain

Skytrain @ Vcc-Clark Stn

0.62 km

Noise/ Power Lines

Road/Hwy Noise

Possible

Railway/Sky train Noise

Possible

Airport/Port Noise

Unlikely

Close to major Power Lines

Unlikely

Other

Agricultural Land Reserve (ALR)

Unlikely

Flood Area

Unlikely

Close to Cemeteries

Unlikely

Welcome to the Grandview Woodland Neighborhood

As we walk through this charming community, you'll discover why 1440 E 1st Avenue, Vancouver, BC (MLS^® R3043767) is a sought-after address. Let's start with the schools – Grandview Elementary School, a short 0.33 km away, is a fantastic option for families. With no rating available, we can only imagine the great things your children will learn within its walls.

Just down the road, you'll find Britannia Community Secondary School, a 0.78 km walk from this stunning property. While it also has no rating, its proximity to this address makes it an attractive option for families looking for convenience.

For those seeking alternative education options, St. Francis of Assisi Elementary Independent School is the closest, with a rating of 8.9/10 and located 1.06 km from this home. This is an excellent choice for families who value quality education and a strong sense of community.

For secondary education, Stratford Hall School is the closest independent option, with a rating of 8.7/10 and situated 1.38 km from this property. Both schools offer a unique learning experience that's sure to inspire your child's growth.

A Safe and Welcoming Community

According to Statistics Canada's 2020 report, this neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. This means you can feel safe and secure in this vibrant community. Additionally, the year-over-year change in the total crime rate is -14.94%, indicating a decrease in crime over time.

To give you a better understanding of the crime statistics, let's break it down. The drug crime rate is Average, with a rating of 229.49 and 1,604 incidents reported in 2020. The year-over-year change in the illegal substances offenses ranking is 1.58%. This suggests a stable trend in this area.

Property crimes in the neighborhood are Above Average, with a rating of 5,020.27 and 35,089 incidents reported in 2020. However, the year-over-year change in the property misconduct rate is -20.80%, indicating a decline in property-related crimes.

The violent crime rate is Below Average, with a rating of 1,311.69 and 9,168 incidents reported in 2020. This is reassuring news for families and individuals seeking a peaceful living environment.

Convenient Location and Amenities

This home is conveniently located near the Northbound Clark Dr @ E 1st Ave bus station, just 0.21 km away. With a variety of transportation options at your doorstep, you'll have easy access to Vancouver's vibrant neighborhoods and attractions.

Demographics and Lifestyle

The demographic profile of this neighborhood is interesting. According to the data, 39.1% of residents hold a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 13.3% of the population has no certificate or degree, which is Below Average.

The median household income in this area is $50,670, which is Below Average compared to the British Columbia average. However, the median personal income is $31,067, which is also Below Average. The percentage of households with a mortgage is 66.8%, which is Above Average.

Unemployment rates in this area are Low, with a rate of 4.9%. This is reassuring news for job seekers and those looking to invest in this community.

Population and Housing Trends

The population change between 2011 and 2016 was 8.4%, which is High compared to average growth rates in this region. This suggests that this neighborhood is experiencing steady growth and development.

The population density per square kilometer is 9,156, which is High compared to other areas. The average size of families in this area is 2.5, which is Low compared to the whole region. The percentage of families with children is 46%, which is Low.

The average age of the population is 40.7, which is Average compared to other BC cities.

Real Estate and Housing

The average value of dwellings in this neighborhood is $754,409, which is High compared to other areas in British Columbia. Average owner payments are Above Average, with homeowners spending $1,501 per year. Tenants, on the other hand, pay an Average of $1,008 per year.

A notable trend in this area is the high percentage of renters, with 72.7% of the population renting their homes. This is High compared to other BC cities and areas.

Language and Transportation

The language profile of this neighborhood is diverse, with 13.4% of residents speaking both English and French, and 83.4% speaking only English. This is Below

1440 E 1st Ave, Vancouver, BC, MLS^® R3043767