41.76% cheaper than comparables

1989 W King Edward Ave, Vancouver, BC

$3,767,000
Est. Mortgage /mo

MLS® R3075949

9 Beds
5 Baths
5486 sqft
687 $ /sqft
1920 Built
$3,767,000
Est. /mo with 20% down
$687/sqft · Tax $12,403/2025
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

41.76% cheaper than comparables

Discover a trophy investment at 1989 W King Edward Ave. Situated on a sprawling 13,000+ sq. ft. lot within the prestigious First Shaughnessy District, this property offers a rare "buy and hold" opportunity. Currently configured as four distinct units, this character-filled residence combines heritage charm with modern rental utility. Standing tall on the high side of the street, the property offers impressive views and a commanding presence. Whether you are looking to add a high-yield asset to your portfolio or explore a long-term heritage revitalization project, this massive lot provides the ultimate canvas in Vancouver's most exclusive enclave. Call for more details! Open house Sat Jan 24 11am - 1pm, please contact ahead of time

General Info

Price $3,767,000
Total Bedrooms 9
Total Bathrooms 5
Half Bathrooms 0
Floor Area Total (sqft) 5486
Lot Size 13072
Lot Size Depth Feet
Lot Size Frontage 95
Basement Full
Basement Features -

Property Metrics

Year Built 1920
Age Of Building 106
Building Type Single Family Residence
Property Type Residential
Stories 3
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3075949
Building Name -
Area Vancouver West
Neighbourhood Shaughnessy
City Vancouver
Postal Code V6J 2W7
Price per Sqft $687
Gross Taxes $12,402.7
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 3
Heating Type Electric, Hot Water

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Carport Multiple
Total Parking Spaces 1
Listed by: Vanhaus Gruppe Realty Inc. & Vanhaus Gruppe 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

Secondary
Prince of Wales Secondary School
0.79 km
Elementary
Shaughnessy Elementary School
Above Average
0.59 km
7.2/10

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

Private Schools

Elementary, Secondary
York House School
0.75 km
Secondary
Little Flower Academy
0.7 km

Closest Transit

Bus Stop
Westbound W King Edward Ave @ Maple Cres
0.06 km
Skytrain
Skytrain @ King Edward Stn
2.59 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average
52.4%
No Certificate/Degree
Below Average
9.8%
Owner Occupied
Below Average
36.2%
Employment Rate
Above Average
67.9%

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 $1,034
Maintenance fee 0
Financing 80% of the $3,767,000 asking price over 30 years at 4% results in approximately $15,421/month in total estimated carrying costs, $1,034 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 Payment 0%
This listing generates an estimated $12,264/month in rental income, leaving a -$3,431/month cashflow at current carrying costs. Investors targeting break-even would need roughly 40% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $3,767,000
Vancouver Loading...
Shaughnessy Loading...
There are currently no active comparable Single Family Residences in Vancouver to benchmark against. Check back as new listings enter the market. This property is flagged as a Hot Deal (41.76% cheaper than comparables) based on its competitive pricing and market demand.
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

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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