Attention Investors & Developers! Exceptional opportunity to acquire a prime corner lot in a highly sought-after location. Zoned RM-12N, with a potential 1.7 FSR, offering the possibility of developing a four-story mixed-use apartment or townhouse project (Buyer to verify with the City of Vancouver). Additionally, 2120 Nanaimo Street is also available for sale, presenting a rare possible land assembly opportunity with significant development potential. This property is being offered for the first time on the market and is sold "as-is, where-is." Don't miss this chance to secure a strategic investment in a growing neighborhood!
General Info
Price
$2,100,000
Total Bedrooms
3
Total Bathrooms
2
Half Bathrooms
0
Floor Area Total (sqft)
1967
Lot Size
3168
Lot Size Depth
Feet
Lot Size Frontage
26.4
Basement
Exterior Entry
Basement Features
-
Property Metrics
Year Built
1945
Age Of Building
80
Building Type
Single Family Residence
Property Type
Residential
Architecture Style
Rancher/Bungalow w/Bsmt.
Stories
2
Appliances Included
Washer, Dryer, Refrigerator, Stove
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R2973190
Building Name
-
Area
Vancouver East
Neighbourhood
Renfrew VE
City
Vancouver
Postal Code
V5M 1M5
Price per Sqft
$1,068
Gross Taxes
$5,996.94
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Community Features
Shopping Nearby
Heating & Cooling
Fireplace
2
Heating Type
Forced Air
Utilities
Utility Type
Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)
Public
Parking
Parking Type
Detached
Total Parking Spaces
-
Rooms
Floor
Type
Dimensions
Main Level
Living Room
15'5 x 15'5 ft
Main Level
Kitchen
10'6 x 10'6 ft
Main Level
Dining Room
15'5 x 15'5 ft
Main Level
Primary Bedroom
16' x 16' ft
Main Level
Bedroom
10'6 x 10'6 ft
Main Level
Bedroom
7'8 x 7'8 ft
Basement Level
Living Room
20'0 x 20'0 ft
Basement Level
Kitchen
12'2 x 12'2 ft
Basement Level
Office
10'11 x 10'11 ft
Basement Level
Laundry
11'4 x 11'4 ft
Basement Level
Other
6'1 x 6'1 ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#4
Basement
No
#3
Listed by: Team 3000 Realty Ltd.
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
Chief Maquinna Elementary School
0.48 km
Secondary
Vancouver Technical Secondary School
7.88 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary
Westside Montessori Academy
1.09 km
Elementary, Secondary
Stratford Hall School
1.31 km
Closest Transit
Bus Stop
Southbound Nanaimo St @ E 5th Ave
0.04 km
Skytrain
Skytrain @ Commercial-Broadway Stn
1.01 km
Crime Rate
Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average
Demographics
Post-Secondary Education
Below Average
21.3%
No Certificate/Degree
Above Average
22.1%
Owner Occupied
Below Average
44.2%
Employment Rate
Above Average
67.9%
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$500
Maintenance fee0
Financing 80% of the $2,100,000 asking price over 30 years at 4% results in approximately $8,521/month in total estimated carrying costs, $500 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 $6,450/month in rental income, leaving a -$2,260/month cashflow at current carrying costs. Investors targeting break-even would need roughly 43% 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
$2,100,000
Vancouver
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Renfrew VE
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No active comparables were found in Renfrew VE. Based on 2 similar Single Family Residences across Vancouver, the average asking price is $1,765,267 — this listing is 19% 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 2414 E 5th Avenue, Vancouver, BC?
The closest top-rated schools are Chief Maquinna Elementary School and Vancouver Technical Secondary School.
Is 2414 E 5th Avenue, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 2414 E 5th Avenue, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $12,600.
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