Below Assessment Value

308 E King Edward Ave, Vancouver, BC

$1,588,800
Est. Mortgage /mo

MLS® R3090458

6 Beds
4 Baths
2142 sqft
742 $ /sqft
1927 Built
$1,588,800
Est. /mo with 20% down
$742/sqft · Tax $9,500/2025
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

Below Assessment Value

Prime Main Street location; first time on market in over 40 years. This side-by-side duplex sits on a 53 x 120 ft corner lot at King Edward & Sophia and is priced well below assessment. Each unit offers over 1,000 sq ft with three bedrooms and two bathrooms, plus an open main floor featuring spacious living, dining, and kitchen areas. The property includes a large private backyard and sundeck. In original but well-maintained condition with long-term tenants. Exceptional Walk Score of 98, steps to Livingstone Elementary and Tupper Secondary, and minutes to the Canada Line, shops, and restaurants.

General Info

Price $1,588,800
Total Bedrooms 6
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 2142
Lot Size 6380.4
Lot Size Depth Feet
Lot Size Frontage 53.17
Basement Finished, Exterior Entry
Basement Features -

Property Metrics

Year Built 1927
Age Of Building 99
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3090458
Building Name -
Area Vancouver East
Neighbourhood Main
City Vancouver
Postal Code V5V 2C5
Price per Sqft $742
Gross Taxes $9,499.91
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard, Hot Water

Utilities

Utility Type Electricity Connected, Water Connected
Water (WaterSource) Public

Parking

Parking Type Open
Total Parking Spaces 2
Listed by: RE/MAX City Realty & RE/MAX City Realty

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
General Wolfe Elementary School
0.51 km

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

Private Schools

Elementary
St.Patrick's Elementary School
1.29 km
Secondary
St.Patrick Regional Secondary School
1.46 km

Closest Transit

Bus Stop
Eastbound E King Edward Ave @ Main St
0.13 km
Skytrain
Skytrain @ King Edward Stn
1.20 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
43.1%
No Certificate/Degree
Below Average
11.8%
Owner Occupied
Below Average
51.7%
Employment Rate
Average
64.7%

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 $792
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($317,760), the estimated monthly payment for this listing is $6,860/month — $6,068 principal & interest, $792 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%
At an estimated rental income of $5,330/month, this property runs a $1,695/month shortfall after mortgage and carrying costs. Break-even requires approximately 43% 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 $1,588,800
Vancouver Loading...
Main Loading...
No active comparables were found in Main. Based on 2 similar Single Family Residences across Vancouver, the average asking price is $2,044,300 — this listing is 22.3% below the city-wide average. This property is flagged as a Hot Deal (Below Assessment Value) 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

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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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