16.0% price reduction

3582 W King Edward Ave, Vancouver, BC

$4,200,000
Est. Mortgage /mo

MLS® R2892625

5 Beds
3 Baths
3018 sqft
1392 $ /sqft
1930 Built
$4,200,000
$5,000,000
Est. /mo with 20% down
$1,392/sqft · Tax $9,323/2023
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

16.0% price reduction

Potential 19,537 SF Land Assembly in the heart of Dunbar. Located on the Southeast corner of Dunbar Street and the tree lined West King Edward Avenue. Currently zoned R1-1 with the options to develop townhomes & seniors residence. Higher density rental and commercial property re-zoning is possible. Potential to re-zone to RR-3B Residential Rental / Retail Ground Floor, 3.0 FSR, Up to 6 stories with 130 Feet of commercial frontage on Dunbar Street. Beautiful City, Ocean and Mountain views from the upper floors of a new development. A great neighbourhood to call home. Just steps to Stong’s Market, Shopper and London Drugs, public transportation, schools and parks. Buyers must contact the City of Vancouver to verify all matters regarding land assembly development.

General Info

Price $4,200,000
Total Bedrooms 5
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 3018
Lot Size 6512.5
Lot Size Depth Feet
Lot Size Frontage 50
Basement Full
Basement Features -

Property Metrics

Year Built 1930
Age Of Building 96
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features -
Structures Residential Detached

Additional Details

MLS® # R2892625
Building Name -
Area Vancouver West
Neighbourhood Dunbar
City Vancouver
Postal Code V6S 1M6
Price per Sqft $1,392
Gross Taxes $9,323.32
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Natural Gas

Utilities

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

Parking

Parking Type Carport Single, Lane Access, Rear Access
Total Parking Spaces -
Listed by: Heller Murch 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
Lord Kitchener Elementary School
Average
0.24 km
6.9/10
Secondary
Lord Byng Secondary School
1.12 km

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

Private Schools

Elementary
Immaculate Conception School
0.35 km
Elementary, Secondary
St George's School
1.09 km

Closest Transit

Bus Stop
Eastbound W King Edward Ave @ Dunbar St
0.02 km
Skytrain
Skytrain @ King Edward Stn
5.03 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
52.6%
No Certificate/Degree
Below Average
10.2%
Owner Occupied
Below Average
47.2%
Employment Rate
Above Average
70.1%

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 $777
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $16,818/month in total housing costs on this $4,200,000 property — $16,041 mortgage payment, $777 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%
Based on $9,660/month estimated rent and $17,098/month in total housing costs, this property has a -$7,438/month cashflow. Break-even down payment: approximately 58%.
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 $4,200,000
Vancouver Loading...
Dunbar Loading...
No active comparables were found in Dunbar. Based on 5 similar Single Family Residences across Vancouver, the average asking price is $6,806,000 — this listing is 38.3% below the city-wide average. This property is flagged as a Hot Deal (16.0% 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

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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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