Development Opportunity. 6 lot LAND ASSEMBLY located next to "Clarendon Heights" in the heart of Norquay Village. 22,000+ sqft lot zoned for Four-Storey Low-Rise multifamily. Conveniently located with daily amenities just steps away along the Kingsway corridor. Nanaimo skytrain just a short walk away, and beautiful Trout Lake close by. Norquay Village is an established community experiencing growth in population and improvement of overall city infrastructure. Take advantage of the utilities, services, and precedence of neighboring "Clarendon Heights" as it has paved the way for new development in this neighborhood.
General Info
Price
$2,380,000
Total Bedrooms
5
Total Bathrooms
2
Half Bathrooms
0
Floor Area Total (sqft)
1800
Lot Size
3728
Lot Size Depth
Feet
Lot Size Frontage
32.5
Basement
Finished, Exterior Entry
Basement Features
-
Property Metrics
Year Built
1958
Age Of Building
67
Building Type
Single Family Residence
Property Type
Residential
Stories
1
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R3038776
Building Name
Multi-Family Land Assembly
Area
Vancouver East
Neighbourhood
Collingwood VE
City
Vancouver
Postal Code
V5R 2S3
Price per Sqft
$1,322
Gross Taxes
$6,858.27
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Fixtures Included
-
Heating & Cooling
Fireplace
-
Heating Type
Forced Air
Utilities
Utility Type
Electricity Connected, Water Connected
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
Gladstone Secondary School
1.07 km
Elementary
G. T. Cunningham Elementary School
Average
0.33 km
5.8/10
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary
Corpus Christi School
1.46 km
Secondary
Vancouver Formosa Academy
0.98 km
Closest Transit
Bus Stop
Southbound Clarendon St @ E 33 Ave
0.08 km
Skytrain
Skytrain @ 29Th Av Stn
0.90 km
Crime Rate
Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average
Demographics
Post-Secondary Education
Below Average
22.5%
No Certificate/Degree
Above Average
21.9%
Owner Occupied
Below Average
44.7%
Employment Rate
Above Average
70.3%
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$572
Maintenance fee0
Financing 80% of the $2,380,000 asking price over 30 years at 4% results in approximately $9,662/month in total estimated carrying costs, $572 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 -$2,726/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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Collingwood VE
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No active comparables were found in Collingwood VE. Based on 2 similar Single Family Residences across Vancouver, the average asking price is $2,209,333 — this listing is 7.7% above the city-wide 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 2392 E 33rd Avenue, Vancouver, BC?
The closest top-rated schools are Gladstone Secondary School and G. T. Cunningham Elementary School.
Is 2392 E 33rd Avenue, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 2392 E 33rd Avenue, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $14,280.
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