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
Rooms
Floor
Type
Dimensions
Main Level
Living Room
13'5 x 13'5 ft
Main Level
Kitchen
11'7 x 11'7 ft
Main Level
Eating Area
11'7 x 11'7 ft
Main Level
Primary Bedroom
11'4 x 11'4 ft
Main Level
Bedroom
9'5 x 9'5 ft
Main Level
Bedroom
9'5 x 9'5 ft
Main Level
Walk-In Closet
3'2 x 3'2 ft
Below
Bedroom
11'7 x 11'7 ft
Below
Kitchen
7'4 x 7'4 ft
Below
Eating Area
7'4 x 7'4 ft
Below
Living Room
7'11 x 7'11 ft
Below
Bedroom
11'1 x 11'1 ft
Below
Kitchen
7'4 x 7'4 ft
Below
Eating Area
7'4 x 7'4 ft
Below
Living Room
7'6 x 7'6 ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#4
Main Level
Yes
#3
Below
No
#4
Below
No
#4
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 fee0
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 Payment0%
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
This Home
$1,788,000
Vancouver
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Collingwood VE
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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?
The closest top-rated schools are Sir Guy Carleton Community Elementary School and Killarney Secondary School.
Is 2988 School Avenue, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 2988 School Avenue, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $10,728.
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