2435 E 38th Ave, Vancouver, BC

$3,800,000
Est. Mortgage /mo

MLS® R3081243

6 Beds
4 Baths
4953 sqft
767 $ /sqft
1951 Built
$3,800,000
Est. /mo with 20% down
$767/sqft · Tax $10,881/2024
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

LIVE, HOLD OR BUILD. Excellent, quiet, central residential 72 x 143 lot (10, 378 sf) suitable for multi-unit development. Subdividable into TWO 36'x143'lots. Level lot on beautiful tree-lined street with both front and back lane access in Collingwood/Victoria area. First time to market in 50 years. Great holding investment and perfect for an extended family - large home is in solid condition. Main house has 4 bedrooms, 2 baths and full basement. Legal rental suite - 1559 sq ft townhome with separate entry with 3 bedrooms & den and 2 baths. Clear view to mountain from the kitchen and back deck.

General Info

Price $3,800,000
Total Bedrooms 6
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 4953
Lot Size 10378
Lot Size Depth Feet
Lot Size Frontage 72.46
Basement Full
Basement Features -

Property Metrics

Year Built 1951
Age Of Building 75
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3081243
Building Name -
Area Vancouver East
Neighbourhood Collingwood VE
City Vancouver
Postal Code V5R 2T8
Price per Sqft $767
Gross Taxes $10,880.8
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 2
Heating Type Baseboard, Forced Air

Utilities

Utility Type Community
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Additional Parking, Detached, Garage Double, Front Access, Lane Access, Asphalt, Garage Door Opener
Total Parking Spaces 2
Listed by: Success Realty & Insurance 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

Secondary
Gladstone Secondary School
1.44 km
Elementary
G. T. Cunningham Elementary School
Average
0.1 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
1.07 km
Secondary
Vancouver Formosa Academy
0.79 km

Closest Transit

Bus Stop
Southbound Clarendon St @ E 38 Ave
0.09 km
Skytrain
Skytrain @ 29Th Av Stn
1.17 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 $907
Maintenance fee 0
Financing 80% of the $3,800,000 asking price over 30 years at 4% results in approximately $15,420/month in total estimated carrying costs, $907 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 $9,940/month in rental income, leaving a -$5,757/month cashflow at current carrying costs. Investors targeting break-even would need roughly 52% 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 $3,800,000
Vancouver Loading...
Collingwood VE Loading...
There are currently no comparable Single Family Residences active in Collingwood VE. The Vancouver-wide average for similar 6-bedroom properties is $5,653,333 (2 listings). This home is priced 32.8% below that benchmark.
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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