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
Rooms
Floor
Type
Dimensions
Main Level
Living Room
18'9 x 18'9 ft
Main Level
Dining Room
9'9 x 9'9 ft
Main Level
Kitchen
9' x 9' ft
Main Level
Primary Bedroom
13' x 13' ft
Main Level
Bedroom
11'5 x 11'5 ft
Main Level
Bedroom
11' x 11' ft
Main Level
Nook
9' x 9' ft
Above Level
Living Room
18'6 x 18'6 ft
Above Level
Dining Room
11' x 11' ft
Above Level
Kitchen
11' x 11' ft
Above Level
Bedroom
12' x 12' ft
Above Level
Bedroom
12' x 12' ft
Above Level
Foyer
11' x 11' ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#4
Above Level
No
#4
Above Level
No
#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 fee0
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 Payment0%
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
This Home
$2,380,000
Vancouver
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Grandview Woodland
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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?
The closest top-rated schools are Vancouver Technical Secondary School and Lord Nelson Elementary School.
Is 2314 E 1st Avenue, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 2314 E 1st Avenue, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $14,280.
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