NEW Land Value only

2288 W 20th Ave, Vancouver, BC

$3,970,000
Est. Mortgage /mo

MLS® R3095687

5 Beds
4 Baths
3660 sqft
1085 $ /sqft
1994 Built
$3,970,000
Est. /mo with 20% down
$1,085/sqft
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

Land Value only

Rare SOUTH CORNER Lot in Prestigious Arbutus located on one of Vancouver’s beautiful CHERRY blossom streets. Well-maintained LUXURY home offers abundant natural light and a sunny south-facing backyard. Valuable corner lot with excellent frontage and abundant parking, ideal for future redevelopment. Under Vancouver’s multiplex zoning, property has potential for up to 6 units (Buyer to verify). A separate-entry basement ideal for mortgage helper or short or long term rental income while holding for future development. Walking distance to Lord Kitchener Elementary and close to Prince of Wales Secondary, parks, shopping and transit. Minutes to Crofton House and St. George’s School. A rare opportunity to own a bright corner property with strong land value and excellent future potential

General Info

Price $3,970,000
Total Bedrooms 5
Total Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 3660
Lot Size 6100
Lot Size Depth Feet
Lot Size Frontage 50
Basement Crawl Space, Finished, Exterior Entry
Basement Features -

Property Metrics

Year Built 1994
Age Of Building 32
Building Type Single Family Residence
Property Type Residential
Architecture Style Basement Entry
Stories 2
Appliances Included Washer/Dryer, Stove, Microwave
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3095687
Building Name -
Area Vancouver West
Neighbourhood Arbutus
City Vancouver
Postal Code V6L 1G3
Price per Sqft $1,085
Gross Taxes 0
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Retirement Community, Shopping Nearby

Heating & Cooling

Fireplace 2
Heating Type Natural Gas, Radiant
Cooling Central Air, Air Conditioning

Utilities

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

Parking

Parking Type Garage Triple, Lane Access, Rear Access
Total Parking Spaces 3
Listed by: LeHomes Realty Premier

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
Trafalgar Elementary School
Average
0.7 km
6.7/10
Secondary
Prince of Wales Secondary School
0.98 km

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

Private Schools

Elementary, Secondary
Fraser Academy
0.95 km
Elementary, Secondary
Fraser Academy
0.95 km

Closest Transit

Bus Stop
Eastbound W 16 Ave @ Vine St
0.34 km
Skytrain
Skytrain @ King Edward Stn
3.14 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
45.4%
No Certificate/Degree
Below Average
11.7%
Owner Occupied
Below Average
40.9%
Employment Rate
Above Average
73.2%

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 $0
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $15,163/month in total housing costs on this $3,970,000 property — $15,163 mortgage payment.
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%
Based on $9,131/month estimated rent and $15,452/month in total housing costs, this property has a -$6,321/month cashflow. Break-even down payment: approximately 54%.
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 $3,970,000
Vancouver Loading...
Arbutus Loading...
Among 4 similar active listings in Arbutus, the average price is $3,823,333. At $3,970,000, this listing is priced 3.8% above the local average and 3.8% above the city-wide benchmark. This property is flagged as a Hot Deal (Land Value only) 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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