2320 E 1st Ave, Vancouver BC - Single Family Residence for Sale - MLS# R3022693

$2,380,000
Est. Mortgage $10,529/mo
5 Beds
3 Baths
2084 sqft
1142 $ /sqft
1976 built
$2,380,000
Est. $10,529/mo with 20% down
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

Photos

Property Details for 2320 E 1st Avenue

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.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 1
Heating Type Forced Air, Natural Gas
# of Kitchens 2
Foundation Concrete Perimeter

Exterior Features

Structures Residential Detached

Building Details

Price $2,380,000
Total Bedrooms 5
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2084
Year Built 1976
Age Of Building 50
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Carport Multiple, Lane Access, Rear Access
Total Parking Spaces 2
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 3581.76
Lot Size Depth Feet
Lot Size Frontage 32.8
MLS® # R3022693
Area Vancouver East
Neighbourhood Grandview Woodland
City Vancouver
Postal Code V5N 1C3
Gross Taxes $6,346.02
Zoning RM-12

Property Timeline

Status Date Price
R3022693 / Active 07-02-2025 $2,380,000
Rooms
Floor Type Dimensions
Above Level Living Room 14' x 14' ft
Above Level Dining Room 10'2 x 10'2 ft
Above Level Kitchen 10'3 x 10'3 ft
Above Level Eating Area 10'3 x 10'3 ft
Above Level Primary Bedroom 13'2 x 13'2 ft
Above Level Bedroom 11'9 x 11'9 ft
Above Level Bedroom 10'9 x 10'9 ft
Main Level Living Room 14' x 14' ft
Main Level Dining Room 8' x 8' ft
Main Level Kitchen 11' x 11' ft
Main Level Bedroom 12'6 x 12'6 ft
Main Level Bedroom 12'7 x 12'7 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.

Map & Neighbourhood

Public Schools

Secondary
Vancouver Technical Secondary School
7.81 km
Elementary
Lord Nelson Elementary School
Average
0.39 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
Above Average
1.01 km
8.9/10
Secondary
Notre Dame Regional Secondary School
1.2 km

Closest Transit

Bus Stop
Southbound Nanaimo St @ E 1st Ave
0.05 km
Skytrain
Skytrain @ Commercial-Broadway Stn
1.16 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

Sell Speed & Competition

58 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $2,690,114
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Possible — near transit
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How GRANDVIEW WOODLAND compares
This property
372 DOM
Listed
Grandview Woodland avg
Vancouver avg

2320 E 1st Avenue has a sell-speed score of 58/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 13% below comparable active properties in Grandview Woodland, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V5N 1C3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5N 1C3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~1.8 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 2320 E 1st Avenue

Pre-computed routes from 2320 E 1st Ave, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Commercial-Broadway → Waterfront
    26 min
  • Metrotown, Burnaby via Commercial-Broadway → Metrotown
    26 min
  • SFU Burnaby via Commercial-Broadway → Production Way
    33 min
  • Richmond Centre via Commercial-Broadway → Brighouse
    51 min
  • YVR Airport via Commercial-Broadway → YVR-Airport
    52 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    5 min
  • Metrotown, Burnaby via Lougheed Hwy
    7 min
  • SFU Burnaby via Gaglardi Way
    12 min
  • Richmond Centre via No. 3 Rd
    15 min
  • YVR Airport via Bridgeport / Sea Island
    15 min

Calculate your commute

2320 E 1st Ave, Vancouver, BC is ideally located for commuters. The property is 1.2 km from Commercial-Broadway, with a 26 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Nanaimo St @ E 1st Ave (0.05 km). Walk Score Transit rating: Good Transit (63/100).

Walkability & Transit Near 2320 E 1st Avenue

Walk Score Badge
Car-Dependent 89

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 63

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
80

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 2320 E 1st Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 007-076-932).
Total Assessed Value (2026)
$1,369,000
-5.5% YoY
+0.7%/yr over 4 yr
2022 Value Trend 2026
Land
$1,269,000
Buildings
$100,000
Year Built
1976
Class
Residential
Zoning
RM-12
Property Tax
$7,080
Year Land Improvements Total Assessed YOY Change
2026 $1,269,000 $100,000 $1,369,000
-5.5%
2025 $1,347,000 $101,000 $1,448,000
+0.2%
2024 $1,343,000 $102,000 $1,445,000
+4.1%
2023 $1,283,000 $105,000 $1,388,000
+4.1%
2022 $1,225,000 $108,000 $1,333,000

Mortgage Calculator for 2320 E 1st Avenue

/month
Principal & Interest
Property Taxes $529
Maintenance fee 0
A 20% down payment of $476,000 on this $2,380,000 listing yields an estimated mortgage of $9,090/month (30-year fixed, 4%). Total estimated housing cost: $9,619/month, $529 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $6,793/month in estimated rental income against $9,833/month in mortgage payments, the monthly cashflow is -$3,041/month. A 47% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Grandview Woodland, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $2,380,000
Vancouver Loading...
Grandview Woodland Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $1,653,067 across 14 active listings — this listing is 44% 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

Listing Agent & Brokerage

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

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Walkability & Transit Near 2320 E 1st Avenue

Walk Score Badge
Car-Dependent 89

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 63

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
80

Bike Score - Very Bikeable

Biking is convenient for most trips

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