7.7% price reduction

2887 W 24th Ave, Vancouver, BC

$2,399,000
Est. Mortgage /mo

MLS® R3033547

4 Beds
3 Baths
2234 sqft
1074 $ /sqft
1962 Built
$2,399,000
$2,599,000
Est. /mo with 20% down
$1,074/sqft · Tax $10,834/2025
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

7.7% price reduction

Builder/Developer Alert! Prime Arbutus Location! – Exceptional Westside Opportunity! Discover the perfect starter home or an ideal site to build your dream residence on this rare 33 x 122 R1-1 zoned lot in the heart of Vancouver’s prestigious Arbutus neighborhood. Home features 3 bedrooms upstairs, 1 bedroom down, 2.5 bathrooms, a spacious recreation room, and an attached garage. Enjoy a flat, north-facing backyard with no large trees—a builder’s dream. Move-in, rent it out or redevelop into your custom Westside home. Unbeatable location: – Steps to Prince of Wales Secondary & Trafalgar Elementary – Close to Arbutus Village, UBC, Kitsilano, and top private schools – Easy access to parks, shops, and transit Don’t miss this rare opportunity!

General Info

Price $2,399,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2234
Lot Size 4026
Lot Size Depth Feet
Lot Size Frontage 33
Basement None
Basement Features -

Property Metrics

Year Built 1962
Age Of Building 64
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Refrigerator, Range Top
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3033547
Building Name -
Area Vancouver West
Neighbourhood Arbutus
City Vancouver
Postal Code V6L 1R3
Price per Sqft $1,074
Gross Taxes $10,833.8
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Forced Air

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Single, Open, Rear Access
Total Parking Spaces 3
Listed by: Nu Stream Realty Inc. & Nu Stream Realty Inc.

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
Trafalgar Elementary School
Average
0.43 km
6.7/10
Secondary
Prince of Wales Secondary School
1.09 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Immaculate Conception School
1.37 km
Elementary, Secondary
Fraser Academy
1.58 km

Closest Transit

Bus Stop
Westbound W King Edward Ave @ Puget Dr
0.19 km
Skytrain
Skytrain @ King Edward Stn
3.96 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average
47.2%
No Certificate/Degree
Below Average
10.2%
Owner Occupied
Below Average
44.5%
Employment Rate
Above Average
69.5%

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 $903
Maintenance fee 0
Financing 80% of the $2,399,000 asking price over 30 years at 4% results in approximately $10,066/month in total estimated carrying costs, $903 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 $5,997/month in rental income, leaving a -$4,284/month cashflow at current carrying costs. Investors targeting break-even would need roughly 58% 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 $2,399,000
Vancouver Loading...
Arbutus Loading...
There are currently no comparable Single Family Residences active in Arbutus. The Vancouver-wide average for similar 4-bedroom properties is $1,582,667 (8 listings). This home is priced 51.6% above that benchmark. This property is flagged as a Hot Deal (7.7% 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 2887 W 24th Avenue, Vancouver, BC?

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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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