2956 E 3RD AVE, Vancouver BC V5M 1H8, Vancouver, BC

$1,888,000
Est. Mortgage /mo

MLS® R2961332

$1,888,000
$1,999,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
6 Beds
3 Baths
2 Stories
lot 4092 sqft
2494 sqft
1942 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

5.6% price reduce

Builder’s Alert! An exceptional investment opportunity in the highly desirable Renfrew neighborhood. This prime lot, measuring 33 feet by 124 feet, offers tremendous potential for development. Zoned for multiple units, the property presents an excellent opportunity for profitable investment*. Currently, the property includes a secondary suite, adding potential for rental income, although it requires extensive renovation. Priced at lot value, this is an incredible opportunity to take advantage of the growth in this rapidly evolving area. *Prospective buyers are advised to consult with their real estate agent and/or the City of Vancouver for further details and development regulations.

General Info

Price $1,888,000
Total Bedrooms 6
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2494
Lot Size 4092
Lot Size Depth Feet
Lot Size Frontage 33
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1942
Age Of Building 83
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Refrigerator, Range Top
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2961332
Area Vancouver East
Neighbourhood Renfrew VE
City Vancouver
Gross Taxes $7,402.34
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Carport Single, Garage Double, Lane Access
Total Parking Spaces 3

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Strata Restrictions -
Rental Restrictions -
Zoning R1-1
Rental Suites -
# of Kitchens 2
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
Active - $1,888,000
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Listed by: Oakwyn Realty Ltd.

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

Elementary
Chief Maquinna Elementary School
0.59 km
No Rating
Secondary
Vancouver Technical Secondary School
8.86 km
No Rating

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
St.Jude's School
1.2 km
Rating 10/10
Secondary
Notre Dame Regional Secondary School
0.99 km
No Rating

Closest Transit

Translink
Northbound Renfrew St @ E 3rd Ave
0.12 km

2956 E 3RD AVENUE, Vancouver BC V5M 1H8 is serviced by Chief Maquinna Elementary School. The property with listing MLS® R2961332 is located 0.59 km from the school. Chief Maquinna Elementary School has a rating of No Rating.

This home with address 2956 E 3RD AVENUE, Vancouver BC V5M 1H8, Vancouver, BC is also serviced by Vancouver Technical Secondary School and located 8.86 km from it. Vancouver Technical Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 2956 E 3RD AVENUE, Vancouver BC V5M 1H8 is St.Jude's School with School's rating Rating 10/10, located 1.2 km from this home.

The closest to this address 2956 E 3RD AVENUE, Vancouver BC V5M 1H8 Secondary independent school is Notre Dame Regional Secondary School with School's rating No Rating, located 0.99 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 - 2956 E 3RD AVENUE, Vancouver BC V5M 1H8, 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® R2961332 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 2956 E 3RD AVENUE, Vancouver BC V5M 1H8 are Above Average. Property misconduct rating adjacent to MLS® R2961332 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 Northbound Renfrew St @ E 3rd Ave in 0.12 km away from this listing with - MLS® R2961332.

18.2% of people with university certificate/degree live in this neighbourhood adjacent to the 2956 E 3RD AVENUE, Vancouver BC V5M 1H8 which is Average in comparison with other BC neighbourhoods. 29.8% of population in this neighbourhood that is near the Listing MLS® R2961332 have no certificate or degree. This number is High compared to the average in BC.

Median Household Income near this dwelling with the address 2956 E 3RD AVENUE, Vancouver BC V5M 1H8, Vancouver, BC is $53595 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2961332 is $22194 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 44.1% which is Low.

Unemployment rate in the area around Real Estate Listing # R2961332 is 7.2 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 2956 E 3RD AVENUE, Vancouver BC V5M 1H8 where population change between 2011 and 2016 was 2.6%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 2956 E 3RD AVENUE, Vancouver BC V5M 1H8, Vancouver, BC is 4848.1 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 2956 E 3RD AVENUE, Vancouver BC V5M 1H8 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® R2961332 is 69.6% and it is High. % of Married or living common law is around 48.3% and it is Low.

Average age of the population close to the 2956 E 3RD AVENUE, Vancouver BC V5M 1H8 is 43 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 2956 E 3RD AVENUE, Vancouver BC V5M 1H8, Vancouver, BC is $1357318 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 2956 E 3RD AVENUE, Vancouver BC V5M 1H8. $1371 owners spent in average for the dwelling. Tenants are paying $1043 in this district close to MLS® R2961332 and it is Average comparing to other cities.

50.1% of Population in this district near the 2956 E 3RD AVENUE, Vancouver BC V5M 1H8 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 2956 E 3RD AVENUE, Vancouver BC V5M 1H8, Vancouver, BC is 4.2%, it is Below Average, % of English speakers only is 80.6% and Below Average. % of French speakers adjacent to 2956 E 3RD AVENUE, Vancouver BC V5M 1H8 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 2956 E 3RD AVENUE, Vancouver BC V5M 1H8, Vancouver, BC is 15.1% and it is High comparing to other BC cities.

33.8% of all population in the area around this property with the address 2956 E 3RD AVENUE, Vancouver BC V5M 1H8, Vancouver, BC using Public Transport which is High, 59.9% of using population are using Cars around MLS® R2961332, which is Low. 2.1% of people using Bicycles around the 2956 E 3RD AVENUE, Vancouver BC V5M 1H8 and it is Above Average. 3.8% 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 $1,888,000
Vancouver $1,930,297
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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