2414 E 5th Ave, Vancouver, BC

$2,100,000
Est. Mortgage /mo

MLS® R2973190

3 Beds
2 Baths
1967 sqft
1068 $ /sqft
1945 Built
$2,100,000
Est. /mo with 20% down
$1,068/sqft · Tax $5,997/2024
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

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 -
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 fee 0
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 Payment 0%
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

Beds Home Types Square Feet Lot Size Year Built
This Home $2,100,000
Vancouver Loading...
Renfrew VE Loading...
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

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

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