Prime development opportunity at 1807 & 1841 SE Marine Dr., Vancouver. This assembled 27,308 sq ft lot, with 150 ft frontage, is designated under the Secured Rental Policy (SRP) for arterial roads, permitting a 2.4 Floor Space Ratio (FSR) for rental developments. Offered at $9,010,000 ($150 per buildable sq ft), this site is strategically located near the River District, Fraserview Golf Course, and Marine Gateway, providing easy access to Vancouver, Richmond, and Burnaby. Ideal for developers aiming to capitalize on Vancouver's growing rental market.
General Info
Price
$5,020,000
Total Bedrooms
4
Total Bathrooms
3
Half Bathrooms
0
Floor Area Total (sqft)
3856
Lot Size
15184
Lot Size Depth
Feet
Lot Size Frontage
80
Basement
Finished
Basement Features
-
Property Metrics
Year Built
1912
Age Of Building
113
Building Type
Single Family Residence
Property Type
Residential
Architecture Style
Reverse 2 Storey w/Bsmt
Stories
2
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R2908681
Building Name
-
Area
Vancouver East
Neighbourhood
Fraserview VE
City
Vancouver
Postal Code
V5P 2R7
Price per Sqft
$1,302
Gross Taxes
$8,331.47
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Heating & Cooling
Fireplace
-
Heating Type
Forced Air
Utilities
Utility Type
Electricity Connected
Utility Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)
Public
Parking
Parking Type
None
Total Parking Spaces
-
Rooms
Floor
Type
Dimensions
Above Level
Recreation Room
28' x 28' ft
Above Level
Kitchen
10' x 10' ft
Main Level
Living Room
17' x 17' ft
Main Level
Dining Room
13' x 13' ft
Main Level
Bedroom
12' x 12' ft
Main Level
Bedroom
15' x 15' ft
Main Level
Den
9' x 9' ft
Below
Bedroom
16' x 16' ft
Below
Bedroom
9' x 9' ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#4
Main Level
No
#4
Below
No
#3
Listed by: 1NE Collective Realty Inc.
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 & Transit Info
Public Schools
Elementary
Sir James Douglas Annex
0.49 km
Elementary
Sir James Douglas Elementary School
Average
0.69 km
6.6/10
Secondary
David Thompson Secondary School
1.1 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary
Qawsain Knowledge House
1 km
Secondary
Vancouver Formosa Academy
3.01 km
Closest Transit
Bus Stop
Eastbound SE Marine Dr @ Argyle St
0.17 km
Skytrain
Skytrain @ Marine Drive Stn
3.47 km
Crime Rate
Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average
Demographics
Post-Secondary Education
Average
31%
No Certificate/Degree
Average
14.9%
Owner Occupied
Below Average
56.4%
Employment Rate
Average
65.9%
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
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes$694
Maintenance fee0
Financing 80% of the $5,020,000 asking price over 30 years at 4% results in approximately $19,867/month in total estimated carrying costs, $694 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment0%
This listing generates an estimated $11,044/month in rental income, leaving a -$9,136/month cashflow at current carrying costs. Investors targeting break-even would need roughly 59% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$5,020,000
Vancouver
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Fraserview VE
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No active comparables are currently available for this property type in Vancouver. Pricing context may be limited at this time.
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Property FAQs
What are the closest top-rated schools to 1841 SE Marine Drive, Vancouver, BC?
The closest top-rated schools are Sir James Douglas Annex and Sir James Douglas Elementary School.
Is 1841 SE Marine Drive, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 1841 SE Marine Drive, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $30,120.
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