Land Value only

2947 E 29th Ave, Vancouver, BC

$4,000,000
Est. Mortgage /mo

MLS® R2994242

4 Beds
2 Baths
2465 sqft
1623 $ /sqft
1975 Built
$4,000,000
Est. /mo with 20% down
$1,623/sqft · Tax $7,061/2024
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

Land Value only

Land Assembly with 2925, 2935, 2941, 2947, 2955, 2961. Transit Oriented Area allows building up to 12-storey. Tier 2 with 4.0 FSR. Land value sold as is where is. Do not disturb the owner's or tenants and enter the property.

General Info

Price $4,000,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2465
Lot Size 3618
Lot Size Depth Feet
Lot Size Frontage 33.5
Basement Full
Basement Features -

Property Metrics

Year Built 1975
Age Of Building 50
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features -
Structures Residential Detached

Additional Details

MLS® # R2994242
Building Name -
Area Vancouver East
Neighbourhood Renfrew Heights
City Vancouver
Postal Code V5R 1V8
Price per Sqft $1,623
Gross Taxes $7,060.89
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 2
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Single
Total Parking Spaces -
Listed by: Maple Supreme 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
John Norquay Elementary School
Average
0.67 km
6.6/10
Secondary
Windermere Community Secondary School
0.47 km

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

Private Schools

Elementary
St.Mary's School
1.06 km
Secondary
Vancouver Formosa Academy
1.25 km

Closest Transit

Bus Stop
Westbound E 29 Ave @ Nootka St
0.03 km
Skytrain
Skytrain @ 29Th Av Stn
0.27 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
26.5%
No Certificate/Degree
Above Average
22.9%
Owner Occupied
Below Average
43%
Employment Rate
Above Average
68.6%

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 $588
Maintenance fee 0
Financing 80% of the $4,000,000 asking price over 30 years at 4% results in approximately $15,865/month in total estimated carrying costs, $588 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 $10,400/month in rental income, leaving a -$5,756/month cashflow at current carrying costs. Investors targeting break-even would need roughly 51% 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 $4,000,000
Vancouver Loading...
Renfrew Heights Loading...
4 comparable Single Family Residences are currently active in Renfrew Heights, with a median asking price of $1,724,000. This property is listed 132% above the local average and 118.6% above the Vancouver average. This property is flagged as a Hot Deal (Land Value only) 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 2947 E 29th 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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