WOW !!! 5 START LOCATION! MONEY PRINTING MACHINE! HUGE RENTAL INCOME Can Cover the Entire House Mortgage. Beautifully Charming, Designed and Maintained Detached Home with 4 kitchens, 4 Separate Laundry Rooms, 4 Refrigerators, 4 DISHWASHER and A Sweet Legal Laneway house. It is located in the Heart of Vancouver. Just Steps to Schools, Parks, Shopping Center, Banks, Restaurants, Community Center and Much More. Walking Distance to All Your Daily Needs. One minute Life Circle, Long Term Holding. Let the tenants pay off your Mortgage and let the Land Create Your Wealth !!! PLEASE HURRY UP, AND THERE IS NO SECOND CHANCE IN YOUR ENTIRE LIFETIME !!! PLEASE ACT NOW IF YOU ARE SMART BUYERS!
General Info
Price
$2,588,000
Total Bedrooms
8
Total Bathrooms
5
Half Bathrooms
0
Floor Area Total (sqft)
2716
Lot Size
4026
Lot Size Depth
Feet
Lot Size Frontage
33
Basement
None
Basement Features
-
Property Metrics
Year Built
2015
Age Of Building
11
Building Type
Single Family Residence
Property Type
Residential
Architecture Style
Laneway House
Stories
2
Appliances Included
Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities
Recreation Facilities
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R3085736
Building Name
-
Area
Vancouver East
Neighbourhood
Renfrew VE
City
Vancouver
Postal Code
V5M 1W4
Price per Sqft
$953
Gross Taxes
$7,923.08
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Community Features
Retirement Community, Shopping Nearby
Amenities Nearby
Recreation Facilities
Heating & Cooling
Fireplace
1
Heating Type
Electric, Natural Gas, Radiant
Utilities
Utility Type
Community, Electricity Connected, Water Connected
Utility Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)
Public
Parking
Parking Type
Garage Single, Open, Rear Access, Concrete
Total Parking Spaces
6
Rooms
Floor
Type
Dimensions
Main Level
Family Room
15'11 x 15'11 ft
Main Level
Kitchen
15'11 x 15'11 ft
Main Level
Dining Room
15'1 x 15'1 ft
Main Level
Living Room
12'11 x 12'11 ft
Main Level
Primary Bedroom
14'7 x 14'7 ft
Main Level
Bedroom
12'1 x 12'1 ft
Main Level
Bedroom
10'9 x 10'9 ft
Main Level
Bedroom
11'11 x 11'11 ft
Main Level
Bedroom
10'10 x 10'10 ft
Below
Kitchen
13'8 x 13'8 ft
Below
Kitchen
12'7 x 12'7 ft
Below
Living Room
11'8 x 11'8 ft
Below
Dining Room
11'1 x 11'1 ft
Below
Bedroom
12'7 x 12'7 ft
Below
Bedroom
10'9 x 10'9 ft
Below
Kitchen
11'7 x 11'7 ft
Below
Living Room
11'3 x 11'3 ft
Below
Bedroom
10'9 x 10'9 ft
Below
Foyer
9'2 x 9'2 ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
Yes
#5
Main Level
No
#5
Below
No
#5
Below
No
#5
Below
Yes
#5
Listed by: Royal Pacific Realty (Kingsway) 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
0.54 km
Secondary
Vancouver Technical Secondary School
8.25 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
0.75 km
Elementary, Secondary
Stratford Hall School
1.48 km
Closest Transit
Bus Stop
Westbound E Broadway @ Penticton St
0.14 km
Skytrain
Skytrain @ Renfrew Stn
0.69 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$660
Maintenance fee0
Financing 80% of the $2,588,000 asking price over 30 years at 4% results in approximately $10,544/month in total estimated carrying costs, $660 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 $9,811/month in rental income, leaving a -$948/month cashflow at current carrying costs. Investors targeting break-even would need roughly 28% 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
$2,588,000
Vancouver
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Renfrew VE
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2 comparable Single Family Residences are currently active in Renfrew VE, with a median asking price of $2,862,000. This property is listed 9.6% below the local average and 9.6% below the Vancouver average. This property is flagged as a Hot Deal (13.7% price reduction) based on its competitive pricing and market demand.
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 2643 E 8th Avenue, Vancouver, BC?
The closest top-rated schools are Chief Maquinna Elementary School and Vancouver Technical Secondary School.
Is 2643 E 8th Avenue, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 2643 E 8th Avenue, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $15,528.
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