Cash-flowing East Vancouver triplex with projected NOI of over $88,000. Offered with vacant possession, all three fully upgraded units can be leased at market rents immediately. Includes two spacious 2-bed + flex suites and a studio with private entry, on a 4,396 SF RT-2 corner lot. Features include sprinklers, separate meters, dual furnaces, two hot water tanks, shared laundry, dry storage, and North Shore mountain views. Built in 1955 and modernized throughout, the property is ideal for investors or owner-occupiers seeking stable yield with future redevelopment upside in a high-demand, transit-connected rental corridor.
General Info
Price
$1,698,000
Total Bedrooms
4
Total Bathrooms
3
Half Bathrooms
0
Floor Area Total (sqft)
2330
Lot Size
4396.17
Lot Size Depth
Feet
Lot Size Frontage
33
Basement
Full, Partially Finished, Exterior Entry
Basement Features
-
Property Metrics
Year Built
1955
Age Of Building
71
Building Type
Single Family Residence
Property Type
Residential
Stories
2
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R2960946
Building Name
-
Area
Vancouver East
Neighbourhood
Grandview Woodland
City
Vancouver
Postal Code
V5N 3J1
Price per Sqft
$729
Gross Taxes
$3,027
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Fixtures Included
-
Heating & Cooling
Fireplace
-
Heating Type
Baseboard, Forced Air, Natural Gas
Utilities
Utility Type
Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer
Public Sewer, Sanitary Sewer
Water (WaterSource)
Public
Parking
Parking Type
Additional Parking, Other
Total Parking Spaces
-
Rooms
Floor
Type
Dimensions
Main Level
Living Room
14' x 14' ft
Main Level
Dining Room
11' x 11' ft
Main Level
Primary Bedroom
12' x 12' ft
Main Level
Bedroom
13' x 13' ft
Main Level
Kitchen
12' x 12' ft
Main Level
Flex Room
8' x 8' ft
Above Level
Living Room
14' x 14' ft
Above Level
Dining Room
11' x 11' ft
Above Level
Primary Bedroom
12' x 12' ft
Above Level
Bedroom
13' x 13' ft
Above Level
Kitchen
12' x 12' ft
Above Level
Flex Room
8' x 8' ft
Basement Level
Living Room
19' x 19' ft
Basement Level
Kitchen
10' x 10' ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#4
Above Level
No
#4
Basement
No
#4
Listed by: Multifamily Real Estate Services Corporation
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
Charles Dickens Annex
0.92 km
Elementary
Charles Dickens Elementary School
Average
0.49 km
5.2/10
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary
St.Joseph's School
0.45 km
Elementary, Secondary
Stratford Hall School
0.57 km
Closest Transit
Bus Stop
Southbound Clark Dr @ E 12 Ave
0.19 km
Skytrain
Skytrain @ Commercial-Broadway Stn
0.78 km
Crime Rate
Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average
Demographics
Post-Secondary Education
Above Average
40.6%
No Certificate/Degree
Average
12.6%
Owner Occupied
Average
61.5%
Employment Rate
Average
60%
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$252
Maintenance fee0
With a 20% down payment, buyers can expect an estimated $6,737/month in total housing costs on this $1,698,000 property — $6,485 mortgage payment, $252 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%
Based on $6,814/month estimated rent and $6,913/month in total housing costs, this property has a -$99/month cashflow. Break-even down payment: approximately 22%.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$1,698,000
Vancouver
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Grandview Woodland
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Comparable data is unavailable at the neighbourhood level. City-wide in Vancouver, similar Single Family Residences average $1,793,333 across 4 active listings — this listing is 5.3% below the Vancouver average. This property is flagged as a Hot Deal (15.1% 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 3008 Clark Drive, Vancouver, BC?
The closest top-rated schools are Charles Dickens Annex and Charles Dickens Elementary School.
Is 3008 Clark Drive, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 3008 Clark Drive, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $10,188.
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