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A premier opportunity perfectly positioned at the crossroads of Mt Pleasant and Commercial Dr. This meticulously maintained home offers a versatile 3-bed plus den layout, including a self-contained unit with easy rental to offset mortgage or maximizing cash flow potential. The property is an urban oasis with a beautifully landscaped private garden, yet its true value lies in the future. Rezoned to R5-3, the site is designated for high-rise apartment and mixed-use residential development, offering massive density upside in a high-demand transit corridor. Connectivity is unmatched, with both VCC-Clark and Commercial stn within a short walk. Whether you choose to move in and soak up the local culture, or hold for future redevelopment, this is a rare opportunity in a high growth cooridor.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Fireplace | 1 |
| Heating Type | Heat Pump, Radiant |
| Cooling | Air Conditioning |
| # of Kitchens | 3 |
| Flooring | Laminate |
| Foundation | Block |
| Exterior Features | Private Yard |
|---|---|
| Roof | Asphalt |
| Structures | Duplex, Residential Attached |
| Price | $1,399,800 |
|---|---|
| Total Bedrooms | 4 |
| Total Bathrooms | 3 |
| Full Bathrooms | 3 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1717 |
| Year Built | 2008 |
| Age Of Building | 18 |
| Building Type | Half Duplex |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold Strata |
| Maintenance Fee | 0 |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Water Connected |
| Utility Sewer | Public Sewer |
| Water (WaterSource) | Public |
| Parking Type | Open |
| Total Parking Spaces | 1 |
| Strata Restrictions | No Restrictions |
| Rental Suites | Unauthorized Suite |
| Units In Development | 2 |
| Lot Size Depth | Feet |
|---|---|
| Lot Size Frontage | 33 |
| MLS® # | R3133273 |
| Area | Vancouver East |
| Neighbourhood | Mount Pleasant VE |
| City | Vancouver |
| Postal Code | V5T 1V1 |
| Gross Taxes | $6,052.02 |
| Zoning | R5-3 |
| Floor | Type | Dimensions |
|---|---|---|
| Above Level | Living Room | 14'9 x 14'9 ft |
| Above Level | Kitchen | 17'1 x 17'1 ft |
| Above Level | Primary Bedroom | 10'11 x 10'11 ft |
| Above Level | Bedroom | 10'1 x 10'1 ft |
| Abv Main 2 | Attic | 29'8 x 29'8 ft |
| Main Level | Office | 10'2 x 10'2 ft |
| Main Level | Foyer | 10'5 x 10'5 ft |
| Main Level | Kitchen | 10'2 x 10'2 ft |
| Main Level | Living Room | 12'0 x 12'0 ft |
| Main Level | Bedroom | 10'0 x 10'0 ft |
| Main Level | Bedroom | 18'11 x 18'11 ft |
| Main Level | Kitchen | 11'10 x 11'10 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Above Level | Yes | #4 |
| Main Level | No | #3 |
| Main Level | No | #3 |
Listed by: Sutton Group - 1st West 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
1023 E 8th Avenue has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5T 1V1, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~0.5 km). Annual avg AQHI 2.2 — Low Risk.
Vancouver currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.
Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
1023 E 8th Ave, Vancouver, BC is ideally located for commuters. The property is 0.3 km from VCC-Clark, with a 21 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound E Broadway @ Windsor St (0.14 km). Walk Score Transit rating: Excellent Transit (87/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,250,000 | $224,000 | $1,474,000 |
-5.3%
|
| 2025 | $1,326,000 | $230,000 | $1,556,000 |
-1.7%
|
| 2024 | $1,337,000 | $246,000 | $1,583,000 |
+6.7%
|
| 2023 | $1,237,000 | $247,000 | $1,484,000 |
+5.4%
|
| 2022 | $1,195,000 | $213,000 | $1,408,000 | — |
Based on 3 comparable active properties in Mount Pleasant VE, the average asking price is $1,466,467. This listing is priced 4.5% below the neighbourhood average.
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