2275 E 40TH AVE, Vancouver BC V5P 1J6, Vancouver, BC

$1,998,000
Est. Mortgage /mo

MLS® R2836457

Closed

$2,200,000
Closed at 29 Jan 2024
Listing price: $1,998,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
2 Beds
1 Baths
2 Stories
lot 5608 sqft
1694 sqft
1947 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Beautiful 40' x 140' RS-1 zoned lot in ideal location. Quiet, peaceful, family oriented street yet, close to shops, banks, restaurants and transit on Victoria and 41st! Upstairs has been fully updated with new painting, flooring, bathroom, kitchen, windows and much more. Bonus of an extra long back yard, perfect for that lane house! Wonderful neighbourhood, 5 minutes walk to G.T. Cunningham Elementary School, 25 minute walk to Gladstone High or a 10 minute bus ride! Killarney rec center is close by, just 13 years old with a pool and rink. Lot has been scanned, never had an oil tank.

General Info

Price $1,998,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1694
Lot Size 5608.88
Lot Size Depth Feet
Lot Size Frontage 40
Basement Full, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1947
Age Of Building 77
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Appliances Included Freezer
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2836457
Area Vancouver East
Neighbourhood Victoria VE
City Vancouver
Gross Taxes $7,610.65
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Garage Single, Front Access
Total Parking Spaces 1

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Strata Restrictions -
Rental Restrictions -
Zoning RS-1
Rental Suites None
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 01-29-2024 $1,998,000
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Listed by: Sutton Group-West Coast 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 Info

Public Schools

Secondary
Gladstone Secondary School
1.62 km
No Rating
Elementary
G. T. Cunningham Elementary School
Average
0.33 km
Rating 5.8/10

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
Corpus Christi School
0.85 km
Rating 10/10
Secondary
Vancouver Formosa Academy
0.98 km
No Rating

Closest Transit

Translink
Westbound E 41 Ave @ Nanaimo St
0.14 km

2275 E 40TH AVENUE, Vancouver BC V5P 1J6 is serviced by G. T. Cunningham Elementary School. The property with listing MLS® R2836457 is located 0.33 km from the school. G. T. Cunningham Elementary School has a rating of Rating 5.8/10.

This home with address 2275 E 40TH AVENUE, Vancouver BC V5P 1J6, Vancouver, BC is also serviced by Gladstone Secondary School and located 1.62 km from it. Gladstone Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 2275 E 40TH AVENUE, Vancouver BC V5P 1J6 is Corpus Christi School with School's rating Rating 10/10, located 0.85 km from this home.

The closest to this address 2275 E 40TH AVENUE, Vancouver BC V5P 1J6 Secondary independent school is Vancouver Formosa Academy with School's rating No Rating, located 0.98 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 2275 E 40TH AVENUE, Vancouver BC V5P 1J6, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2836457 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 2275 E 40TH AVENUE, Vancouver BC V5P 1J6 are Above Average. Property misconduct rating adjacent to MLS® R2836457 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Westbound E 41 Ave @ Nanaimo St in 0.14 km away from this listing with - MLS® R2836457.

22.1% of people with university certificate/degree live in this neighbourhood adjacent to the 2275 E 40TH AVENUE, Vancouver BC V5P 1J6 which is Above Average in comparison with other BC neighbourhoods. 26.7% of population in this neighbourhood that is near the Listing MLS® R2836457 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 2275 E 40TH AVENUE, Vancouver BC V5P 1J6, Vancouver, BC is $65609 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2836457 is $24312 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 43.2% which is Low.

Unemployment rate in the area around Real Estate Listing # R2836457 is 6.9 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 2275 E 40TH AVENUE, Vancouver BC V5P 1J6 where population change between 2011 and 2016 was -1.5%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 2275 E 40TH AVENUE, Vancouver BC V5P 1J6, Vancouver, BC is 7680.3 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 2275 E 40TH AVENUE, Vancouver BC V5P 1J6 is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2836457 is 72.2% and it is High. % of Married or living common law is around 53.3% and it is Below Average.

Average age of the population close to the 2275 E 40TH AVENUE, Vancouver BC V5P 1J6 is 41.5 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 2275 E 40TH AVENUE, Vancouver BC V5P 1J6, Vancouver, BC is $1330325 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 2275 E 40TH AVENUE, Vancouver BC V5P 1J6. $1331 owners spent in average for the dwelling. Tenants are paying $1118 in this district close to MLS® R2836457 and it is Above Average comparing to other cities.

43.8% of Population in this district near the 2275 E 40TH AVENUE, Vancouver BC V5P 1J6 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 2275 E 40TH AVENUE, Vancouver BC V5P 1J6, Vancouver, BC is 2.8%, it is Low, % of English speakers only is 79.6% and Below Average. % of French speakers adjacent to 2275 E 40TH AVENUE, Vancouver BC V5P 1J6 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 2275 E 40TH AVENUE, Vancouver BC V5P 1J6, Vancouver, BC is 17.5% and it is High comparing to other BC cities.

34.3% of all population in the area around this property with the address 2275 E 40TH AVENUE, Vancouver BC V5P 1J6, Vancouver, BC using Public Transport which is High, 59.3% of using population are using Cars around MLS® R2836457, which is Low. 2.6% of people using Bicycles around the 2275 E 40TH AVENUE, Vancouver BC V5P 1J6 and it is Above Average. 3.3% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,998,000
Vancouver $2,349,000
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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
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