2314 E 1st Ave, Vancouver, BC

$2,380,000
Est. Mortgage /mo

MLS® R3021337

5 Beds
3 Baths
2108 sqft
1129 $ /sqft
1976 Built
$2,380,000
Est. /mo with 20% down
$1,129/sqft · Tax $6,660/2024
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

Rare opportunity for investors and developers! Land assembly of 4 contiguous lots stretching to the corner of E 1st Ave and Garden Dr. Zoned RM-12N, allowing for 3.5 to 4-storey apartment or townhouse development. Located in a vibrant East Vancouver neighbourhood near Nanaimo St, with transit, schools, and shopping close by. Solid 2-storey home with back lane access. Excellent potential in a fast-growing area - bring your development ideas! Buyer to verify all details with City of Vancouver.

General Info

Price $2,380,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2108
Lot Size 3675.25
Lot Size Depth Feet
Lot Size Frontage 32.73
Basement None
Basement Features -

Property Metrics

Year Built 1976
Age Of Building 49
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3021337
Building Name -
Area Vancouver East
Neighbourhood Grandview Woodland
City Vancouver
Postal Code V5N 1C3
Price per Sqft $1,129
Gross Taxes $6,659.51
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Carport Multiple, Lane Access, Rear Access
Total Parking Spaces 2
Listed by: Magsen 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
Vancouver Technical Secondary School
7.79 km
Elementary
Lord Nelson Elementary School
Average
0.38 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
St Francis of Assisi
1 km
Secondary
Notre Dame Regional Secondary School
1.21 km

Closest Transit

Bus Stop
Southbound Nanaimo St @ E 1st Ave
0.07 km
Skytrain
Skytrain @ Commercial-Broadway Stn
1.14 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
38%
No Certificate/Degree
Above Average
16%
Owner Occupied
Below Average
48.3%
Employment Rate
Average
62.7%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Possible
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 $555
Maintenance fee 0
Financing 80% of the $2,380,000 asking price over 30 years at 4% results in approximately $9,645/month in total estimated carrying costs, $555 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 $7,150/month in rental income, leaving a -$2,709/month cashflow at current carrying costs. Investors targeting break-even would need roughly 44% 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 $2,380,000
Vancouver Loading...
Grandview Woodland Loading...
3 comparable Single Family Residences are currently active in Grandview Woodland, with a median asking price of $2,380,000. This property is listed 0% below the local average and 26.4% above the Vancouver average.
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 2314 E 1st Avenue, Vancouver, BC?

Is 2314 E 1st Avenue, Vancouver, BC in a flood zone?

What is the estimated monthly mortgage and strata fee for 2314 E 1st 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 $14,710
0 of 17 missions
Your paragraph text

Sign up on Estateblock.com

$736 / 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