857 E 8th Ave, Vancouver, BC

$4,300,000
Est. Mortgage /mo

MLS® R2879911

5 Beds
5 Baths
3020 sqft
1424 $ /sqft
1905 Built
$4,300,000
Est. /mo with 20% down
$1,424/sqft · Tax $6,342/2023
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

Broadway Corridor land assembly potential: If the other four neighbors participate, the estimated size of the assembly could be 132'x122'(16,104 sf). This parcel is a legal non-conforming 5-plex with 6 electric meters sitting on a 33 x 122 lot. The gross rental is $7850/mo, and the net rental is $6445/mo. The building was substantially renovated in 2009 with new kitchens, bathrooms, electrical panels, electric heat, windows, doors, and roofing.

General Info

Price $4,300,000
Total Bedrooms 5
Total Bathrooms 5
Half Bathrooms 0
Floor Area Total (sqft) 3020
Lot Size 4026
Lot Size Depth Feet
Lot Size Frontage 33
Basement Full, Finished
Basement Features -

Property Metrics

Year Built 1905
Age Of Building 120
Building Type Single Family Residence
Property Type Residential
Stories 3
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features -
Structures Residential Detached

Additional Details

MLS® # R2879911
Building Name -
Area Vancouver East
Neighbourhood Mount Pleasant VE
City Vancouver
Postal Code V5T 1T6
Price per Sqft $1,424
Gross Taxes $6,342.14
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Electric

Utilities

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

Parking

Parking Type Open, Rear Access, Side Access, Gravel
Total Parking Spaces 4
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

Secondary
Vancouver Technical Secondary School
5.72 km
Elementary
Mount Pleasant Elementary School
0.62 km

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

Private Schools

Elementary
St. Francis Xavier
0.74 km
Secondary
Columbia College
1.11 km

Closest Transit

Bus Stop
Eastbound E Broadway @ St. Catherines St
0.16 km
Skytrain
Skytrain @ Vcc-Clark Stn
0.45 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
35.4%
No Certificate/Degree
Below Average
10.7%
Owner Occupied
Average
69.5%
Employment Rate
Below Average
44.7%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 $529
Maintenance fee 0
Financing 80% of the $4,300,000 asking price over 30 years at 4% results in approximately $16,952/month in total estimated carrying costs, $529 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%
This listing generates an estimated $14,690/month in rental income, leaving a -$2,548/month cashflow at current carrying costs. Investors targeting break-even would need roughly 33% 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 $4,300,000
Vancouver Loading...
Mount Pleasant VE Loading...
No active comparables were found in Mount Pleasant VE. Based on 2 similar Single Family Residences across Vancouver, the average asking price is $2,230,267 — this listing is 92.8% above the city-wide average.
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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