2705 E 40TH AVE, Vancouver BC V5R 3M8, Vancouver, BC

$1,899,000
Est. Mortgage /mo

MLS® R2923825

Closed

$1,850,000
Closed at 18 Nov 2024
Listing price: $1,899,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
4 Beds
4 Baths
2 Stories
$ 0 Maint. Fee
2112 sqft
2023 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Quality, space & location! One of a kind brand new 1/2 duplex sophisticatedly designed & built with high level of craftsmanship. Centrally located on a quiet street at a 6,534 sqft corner lot, this modern home offers 2,112 sqft interior space like a detached house. Open layout on main level with high ceiling, big windows capturing lots of natural light from the SE corner, A/C, radiant floor heat, high end appliances, big kitchen island, spice kitchen, etc. Upstairs featuring 3 generously sized bedrooms including a master ensuite & a laundry room. Spacious 1-bed legal suite in basement connected to main house yet with private entrance. Single garage & free street parking. Big crawl space for storage. Convenient location close to everything.

General Info

Price $1,899,000
Total Bedrooms 4
Total Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 2112
Lot Size 6534
Lot Size Depth Feet
Lot Size Frontage 49.5
Basement Crawl Space, Full
Basement Features BasementFeatures

Property Metrics

Year Built 2023
Age Of Building 1
Building Type Half Duplex
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Disposal, Refrigerator, Cooktop
Building Features BuildingFeatures
Structures Duplex, Residential Attached

Additional Details

MLS # R2923825
Area Vancouver East
Neighbourhood Collingwood VE
City Vancouver
Gross Taxes 0
Ownership Type Freehold Strata
Maintenance Fee 0
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Radiant
Cooling Air Conditioning

Utilities

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

Parking

Parking Type Garage Single, Lane Access, Garage Door Opener
Total Parking Spaces 1

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Strata Restrictions No Restrictions
Rental Restrictions -
Zoning RT-11
Rental Suites Legal Suite
# of Kitchens 3
Flooring Laminate, Other
Foundation Concrete Perimeter
Interior Features Central Vacuum Roughed In
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 11-18-2024 $1,899,000
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Listed by: Royal LePage Westside & 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
1.8 km
No Rating
Elementary
G. T. Cunningham Elementary School
Average
0.55 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
0.97 km
Rating 10/10
Secondary
Vancouver Formosa Academy
0.36 km
No Rating

Closest Transit

Translink
Westbound E 41 Ave @ Wales St
0.13 km

2705 E 40TH AVENUE, Vancouver BC V5R 3M8 is serviced by G. T. Cunningham Elementary School. The property with listing MLS® R2923825 is located 0.55 km from the school. G. T. Cunningham Elementary School has a rating of Rating 5.8/10.

This home with address 2705 E 40TH AVENUE, Vancouver BC V5R 3M8, Vancouver, BC is also serviced by Gladstone Secondary School and located 1.8 km from it. Gladstone Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 2705 E 40TH AVENUE, Vancouver BC V5R 3M8 is Corpus Christi School with School's rating Rating 10/10, located 0.97 km from this home.

The closest to this address 2705 E 40TH AVENUE, Vancouver BC V5R 3M8 Secondary independent school is Vancouver Formosa Academy with School's rating No Rating, located 0.36 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 - 2705 E 40TH AVENUE, Vancouver BC V5R 3M8, 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® R2923825 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 2705 E 40TH AVENUE, Vancouver BC V5R 3M8 are Above Average. Property misconduct rating adjacent to MLS® R2923825 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 @ Wales St in 0.13 km away from this listing with - MLS® R2923825.

22.5% of people with university certificate/degree live in this neighbourhood adjacent to the 2705 E 40TH AVENUE, Vancouver BC V5R 3M8 which is Above Average in comparison with other BC neighbourhoods. 21.9% of population in this neighbourhood that is near the Listing MLS® R2923825 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 2705 E 40TH AVENUE, Vancouver BC V5R 3M8, Vancouver, BC is $65067 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2923825 is $24461 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 44.7% which is Low.

Unemployment rate in the area around Real Estate Listing # R2923825 is 5.7 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 2705 E 40TH AVENUE, Vancouver BC V5R 3M8 Collingwood VE where population change between 2011 and 2016 was 10.3%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 2705 E 40TH AVENUE, Vancouver BC V5R 3M8, Vancouver, BC is 6495.7 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 2705 E 40TH AVENUE, Vancouver BC V5R 3M8 is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2923825 is 70.3% and it is High. % of Married or living common law is around 52.3% and it is Below Average.

Average age of the population close to the 2705 E 40TH AVENUE, Vancouver BC V5R 3M8 is 41.4 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 2705 E 40TH AVENUE, Vancouver BC V5R 3M8, Vancouver, BC is $1364560 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 2705 E 40TH AVENUE, Vancouver BC V5R 3M8. $1334 owners spent in average for the dwelling. Tenants are paying $1143 in this district close to MLS® R2923825 and it is Above Average comparing to other cities.

43.2% of Population in this district near the 2705 E 40TH AVENUE, Vancouver BC V5R 3M8 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 2705 E 40TH AVENUE, Vancouver BC V5R 3M8, Vancouver, BC is 3.4%, it is Low, % of English speakers only is 82% and Below Average. % of French speakers adjacent to 2705 E 40TH AVENUE, Vancouver BC V5R 3M8 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 2705 E 40TH AVENUE, Vancouver BC V5R 3M8, Vancouver, BC is 14.6% and it is High comparing to other BC cities.

34.6% of all population in the area around this property with the address 2705 E 40TH AVENUE, Vancouver BC V5R 3M8, Vancouver, BC using Public Transport which is High, 61% of using population are using Cars around MLS® R2923825, which is Low. 1.1% of people using Bicycles around the 2705 E 40TH AVENUE, Vancouver BC V5R 3M8 and it is Average. 1.9% of population are walking which is Low

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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 $1,899,000
Vancouver $2,432,333
Collingwood VE $1,843,000
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
Call or Text Now!
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