Don’t miss this rare investment opportunity in Vancouver’s sought-after Killarney neighbourhood – this extra-large 10,977 SF lot (50 x 219.55) with back lane access offers prime redevelopment potential under R1-1 zoning with maximum FSR 1.0. This is an exceptional opportunity for developers and investors looking to build a multiplex (housing options include multiplex up to 6 dwelling units, or up to 8 rental dwelling units), duplex, or a single detached home. The existing 3 Bed, 2.5 Bath home spans 2,584 SF with a functional layout and spacious basement with recreation room, making it an excellent holding property with rental income potential, with a highly desirable location close to schools, shopping, and transit. (*Buyer to confirm redevelopment regulations with City of Vancouver.)
General Info
Price
$3,590,000
Total Bedrooms
3
Total Bathrooms
2
Half Bathrooms
1
Floor Area Total (sqft)
2584
Lot Size
10977.5
Lot Size Depth
Feet
Lot Size Frontage
50
Basement
Partially Finished
Basement Features
-
Property Metrics
Year Built
1970
Age Of Building
55
Building Type
Single Family Residence
Property Type
Residential
Architecture Style
Rancher/Bungalow w/Bsmt.
Stories
2
Appliances Included
Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R3018780
Building Name
-
Area
Vancouver East
Neighbourhood
Killarney VE
City
Vancouver
Postal Code
V5P 1T9
Price per Sqft
$1,389
Gross Taxes
$9,767.47
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Community Features
Shopping Nearby
Fixtures Included
-
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
Garage Double, Lane Access, Rear Access
Total Parking Spaces
2
Rooms
Floor
Type
Dimensions
Main Level
Living Room
18'6 x 18'6 ft
Main Level
Dining Room
12' x 12' ft
Main Level
Kitchen
9'7 x 9'7 ft
Main Level
Eating Area
9'7 x 9'7 ft
Main Level
Primary Bedroom
13'1 x 13'1 ft
Main Level
Bedroom
11'7 x 11'7 ft
Main Level
Bedroom
13'1 x 13'1 ft
Basement Level
Recreation Room
23'1 x 23'1 ft
Basement Level
Den
15'7 x 15'7 ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#4
Main Level
No
#2
Basement
No
#3
Listed by: RE/MAX Select Properties
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
David Thompson Secondary School
0.83 km
Elementary
Waverley Elementary School
Average
0.49 km
6.8/10
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary
Corpus Christi School
0.23 km
Secondary
Vancouver Formosa Academy
1.43 km
Closest Transit
Bus Stop
Eastbound E 49 Ave @ Gladstone St
0.06 km
Skytrain
Skytrain @ 29Th Av Stn
2.37 km
Crime Rate
Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average
Demographics
Post-Secondary Education
Below Average
17.1%
No Certificate/Degree
Above Average
28.9%
Owner Occupied
Below Average
40.5%
Employment Rate
Above Average
73.8%
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$814
Maintenance fee0
Based on a 30-year fixed at 4% interest with 20% down ($718,000), the estimated monthly payment for this listing is $14,525/month — $13,711 principal & interest, $814 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%
At an estimated rental income of $8,257/month, this property runs a $6,529/month shortfall after mortgage and carrying costs. Break-even requires approximately 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
$3,590,000
Vancouver
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Killarney VE
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There are currently no active comparable Single Family Residences in Vancouver to benchmark against. Check back as new listings enter the market.
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 2235 E 49th Avenue, Vancouver, BC?
The closest top-rated schools are David Thompson Secondary School and Waverley Elementary School.
Is 2235 E 49th Avenue, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 2235 E 49th Avenue, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $21,540.
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