2235 E 49th Ave, Vancouver, BC

$3,590,000
Est. Mortgage /mo

MLS® R3018780

3 Beds
3 Baths
2584 sqft
1389 $ /sqft
1970 Built
$3,590,000
Est. /mo with 20% down
$1,389/sqft · Tax $9,767/2024
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

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
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 fee 0
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 Payment 0%
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

Beds Home Types Square Feet Lot Size Year Built
This Home $3,590,000
Vancouver Loading...
Killarney VE Loading...
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?

Is 2235 E 49th Avenue, Vancouver, BC in a flood zone?

What is the estimated monthly mortgage and strata fee for 2235 E 49th Avenue, Vancouver, BC?

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

Earn Cashback

Potential Cashback for this listing if you buy with us

$0
out of $21,668
0 of 17 missions
Your paragraph text

Sign up on Estateblock.com

$1,083 / 5%

Buy with us & save on this property

Book a tour

Please complete the form. We will the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Thank you Your message has been sent