85.63% cheaper than comparables

2988 School Ave, Vancouver, BC

$1,788,000
Est. Mortgage /mo

MLS® R3080333

5 Beds
4 Baths
1850 sqft
966 $ /sqft
1999 Built
$1,788,000
Est. /mo with 20% down
$966/sqft · Tax $8,677/2025
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

85.63% cheaper than comparables

This beautifully updated 5-bedroom, 4-bathroom home checks every box for families and investors alike. A complete renovation has just been finished prior to listing, allowing you to move in or rent out with total confidence. The well-designed layout offers generous living space, while the fully fenced, south-facing backyard is perfect for entertaining, gardening, or relaxing in the sun. Located in a prime, convenient area with easy access to transit, shopping, and nearby recreation, this home delivers outstanding opportunities and appeal. A detached double garage off the lane plus ample street parking add everyday convenience, while the overall configuration presents an excellent investment opportunity. This is a turn-key property in a sought-after location—one you won’t want to miss.

General Info

Price $1,788,000
Total Bedrooms 5
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 1850
Lot Size 3696
Lot Size Depth Metres
Lot Size Frontage 35.76
Basement Full, Finished, Exterior Entry
Basement Features -

Property Metrics

Year Built 1999
Age Of Building 27
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3080333
Building Name -
Area Vancouver East
Neighbourhood Collingwood VE
City Vancouver
Postal Code V5R 5M5
Price per Sqft $966
Gross Taxes $8,676.97
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 1
Heating Type Hot Water, Natural Gas, Radiant

Utilities

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

Parking

Parking Type Detached, Garage Double, Rear Access, Asphalt, Garage Door Opener
Total Parking Spaces 2
Listed by: Homelife Benchmark Realty Corp.

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
Sir Guy Carleton Community Elementary School
0.44 km
Secondary
Killarney Secondary School
1.15 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
0.74 km
Secondary
Vancouver Formosa Academy
0.27 km

Closest Transit

Bus Stop
Southbound Rupert St @ School Ave
0.06 km
Skytrain
Skytrain @ Joyce Stn
0.89 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 $723
Maintenance fee 0
A 20% down payment of $357,600 on this $1,788,000 listing yields an estimated mortgage of $6,829/month (30-year fixed, 4%). Total estimated housing cost: $7,552/month, $723 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%
With $7,048/month in estimated rental income against $7,738/month in mortgage payments, the monthly cashflow is -$690/month. A 29% down payment would reach break-even.
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 $1,788,000
Vancouver Loading...
Collingwood VE Loading...
This $1,788,000 listing sits 47.8% below the Collingwood VE average of $3,428,133 for similar 5-bedroom Single Family Residences (2 active comparables). This property is flagged as a Hot Deal (85.63% cheaper than comparables) 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 2988 School Avenue, Vancouver, BC?

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What is the estimated monthly mortgage and strata fee for 2988 School Avenue, Vancouver, BC?

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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