3192 W 8th Ave, Vancouver, BC | MLS^® R3050969 Property Details

ATTENTION INVESTORS and/or BUILDERS! Prime KITSILANO CORNER LOT. Exceptional opportunity to live, build or hold in one of Vancouver’s most desirable neighborhoods. This 5 bedroom, 2 bathroom home sits on a valuable corner lot and is currently bringing in $6,000/month in rental income. Ideal for redevelopment, explore options such as a full renovation, build a duplex, laneway home, or other possibilities (buyer to verify with the city). Unbeatable LOCATION, just steps to top rated restaurants, cafes, parks, transit and everyday essentials. Only one block from the future Broadway SkyTrain line and less than 5 km to UBC. A rare offering with immense potential in the heart of Kitsilano. Don't miss out! PRICED TO SELL!!! Almost $300,000 BELOW ASSESSED VALUE!!!

General Info

Price $2,474,999

Total Bedrooms 5

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 1897

Lot Size 4840

Lot Size Depth Feet

Lot Size Frontage 44

Basement Full, Exterior Entry

Basement Features BasementFeatures

Property Metrics

Year Built 1924

Age Of Building 101

Building Type Single Family Residence

Property Type Residential

Architecture Style Basement Entry

Stories 2

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R3050969

Area Vancouver West

Neighbourhood Kitsilano

City Vancouver

Gross Taxes $11,215.4

Ownership Type Freehold NonStrata

Maintenance Fee -

Heating & Cooling

Fireplace 1

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 Garage Single

Total Parking Spaces 1

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Strata Restrictions -

Rental Restrictions -

Zoning RT-7

Rental Suites -

# of Kitchens 1

Flooring Laminate, Mixed, Tile

Foundation Concrete Perimeter

Locker -

View Description -

Units In Development -

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	18'0 x 18'0 ft
Main Level	Dining Room	8'10 x 8'10 ft
Main Level	Kitchen	12'10 x 12'10 ft
Main Level	Bedroom	11'10 x 11'10 ft
Main Level	Bedroom	12'2 x 12'2 ft
Below	Bedroom	11'5 x 11'5 ft
Below	Bedroom	10'10 x 10'10 ft
Below	Bedroom	10'8 x 10'8 ft
Below	Family Room	14'11 x 14'11 ft

Listed by: Keller Williams Ocean Realty & Keller Williams Ocean 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

Secondary

Kitsilano Secondary School

0.88 km

Elementary

General Gordon Elementary School

0.42 km

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

Private Schools

Elementary

Pear Tree Elementary School

0.72 km

Elementary, Secondary

Fraser Academy

1.37 km

Closest Transit

Bus Stop

Westbound W Broadway @ Balaclava St

0.12 km

Skytrain

Skytrain @ Yaletown-Roundhouse Stn

4.02 km

Noise/ Power Lines

Road/Hwy Noise

Possible

Railway/Sky train Noise

Unlikely

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 3192 W 8th Avenue, a vibrant neighborhood in Vancouver, BC

As we walk through the charming streets of Kitsilano, you'll notice a blend of urban convenience and natural beauty. This stunning property, listed as MLS^® R3050969, is the perfect place to call home.

Education

Families love this area because of its excellent schools. General Gordon Elementary School, located just 0.42 km away from this property, is a highly rated institution that provides a well-rounded education for its students. According to the BC Ministry of Education, the school has a rating of No Rating. Additionally, Kitsilano Secondary School, located 0.88 km away, also offers a range of academic programs for students.

For parents seeking alternative education options, Pear Tree Elementary School, an independent elementary school, is located just 0.72 km away, with a rating of No Rating. Fraser Academy, a secondary independent school, is also nearby, with a rating of No Rating and located 1.37 km away.

Safety

Rest assured, this neighborhood is a safe and welcoming community. According to Statistics Canada's 2020 report, the overall crime rate near 3192 W 8th Avenue, Vancouver, BC is 7,470.82, which is Average compared to other Canadian cities. The year-by-year change in the total crime rate is -14.94%. You'll feel confident knowing that this area is well-patrolled and looked after.

Demographics

This neighborhood is a hub for educated and affluent residents. According to the 2016 Census, 58.7% of people with a university certificate/degree live in this area, which is High compared to other BC neighborhoods. Additionally, the median household income near this property is $76,096, which is Above Average compared to the BC average. A surprising 6.6% of the population in this area have no certificate or degree, which is Low compared to the average in BC.

Transit and Commuting

Convenience is key in this neighborhood. The closest bus station, Westbound W Broadway @ Balaclava St, is just 0.12 km away from this property, making it easy to get around the city. According to the 2016 Census, 35.2% of the population in this area use public transport, which is High. You'll also find that 40.9% of residents use cars, which is Low, and 12.3% of people use bicycles, which is High.

Lifestyle Amenities

This neighborhood offers a range of lifestyle amenities that cater to different interests. You'll find plenty of parks, beaches, and trails to explore, as well as dog parks and shopping malls. The average age of the population in this area is 38.1, which is Below Average compared to other BC cities. You'll also notice a high percentage of married or living common law couples, at 52.5%, which is Below Average.

Real Estate Context

This property, listed as MLS^® R3050969, is situated in a highly desirable neighborhood with a range of housing options available. The average value of dwellings in this area is $1,426,894, which is High compared to other areas in British Columbia. A surprising 54.7% of the population in this area are renters, which is High compared to other BC cities and areas.

Insider Tips

As a local realtor with over a decade of experience, I can tell you that this neighborhood is a hidden gem. The average owner payments in this area are High, with owners spending an average of $1,750 per month. Tenants, on the other hand, pay an average of $1,617 per month, which is also High compared to other cities.

Conclusion

3192 W 8th Avenue, Vancouver, BC, MLS^® R3050969, is a stunning property in a vibrant neighborhood that offers a range of lifestyle amenities and conveniences. With its excellent schools, safe community, and high quality of life, this property is a must-see for anyone looking to make a move in Vancouver. Contact me today to schedule a viewing and make this property your dream home.