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
Rooms
Floor
Type
Dimensions
Main Level
Foyer
5'2 x 5'2 ft
Main Level
Living Room
27'2 x 27'2 ft
Main Level
Kitchen
9'1 x 9'1 ft
Main Level
Eating Area
8'10 x 8'10 ft
Main Level
Primary Bedroom
12'7 x 12'7 ft
Main Level
Bedroom
11'9 x 11'9 ft
Main Level
Bedroom
8'11 x 8'11 ft
Below
Hobby Room
14'4 x 14'4 ft
Below
Laundry
12'10 x 12'10 ft
Below
Living Room
17'3 x 17'3 ft
Below
Bedroom
14'9 x 14'9 ft
Below
Storage
24'3 x 24'3 ft
Below
Walk-In Closet
5'9 x 5'9 ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#4
Main Level
Yes
#2
Below
No
#4
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 fee0
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 Payment0%
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
This Home
$2,399,000
Vancouver
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Arbutus
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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?
The closest top-rated schools are Trafalgar Elementary School and Prince of Wales Secondary School.
Is 2887 W 24th Avenue, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 2887 W 24th Avenue, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $14,394.
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