Property details

Cash-flowing East Vancouver triplex with projected NOI of $88,000 and a strong 4.40% cap rate. Offered with vacant possession, all three fully upgraded units can be leased at market rents immediately. Includes two spacious 2-bed + flex suites and a studio with private entry, on a 4,396 SF RT-2 corner lot. Features include sprinklers, separate meters, dual furnaces, two hot water tanks, shared laundry, dry storage, and North Shore mountain views. Built in 1955 and modernized throughout, the property is ideal for investors or owner-occupiers seeking stable yield with future redevelopment upside in a high-demand, transit-connected rental corridor.

General Info

Price $1,999,900

Total Bedrooms 4

Total Bathrooms 3

Half Bathrooms 0

Floor Area Total (sqft) 2330

Lot Size 4396.17

Lot Size Depth Feet

Lot Size Frontage 33

Basement Full, Partially Finished, Exterior Entry

Basement Features BasementFeatures

Property Metrics

Year Built 1955

Age Of Building 70

Building Type Single Family Residence

Property Type Residential

Stories 2

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS # R2960946

Area Vancouver East

Neighbourhood Grandview Woodland

City Vancouver

Gross Taxes $3,027

Ownership Type Freehold NonStrata

Maintenance Fee -

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Baseboard, Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Additional Parking, Other

Total Parking Spaces -

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Strata Restrictions -

Rental Restrictions -

Zoning RT-2

Rental Suites -

# of Kitchens 3

Foundation Slab

Locker -

View -

View Description -

Units In Development -

Sewer Public Sewer, Sanitary Sewer

Roof Torch-On

Property History

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Status	Date	Price
Active	-	$1,999,900
Active	-	$1,999,900

Rooms

Floor	Type	Dimensions
Main Level	Living Room	14' x 14' ft
Main Level	Dining Room	11' x 11' ft
Main Level	Primary Bedroom	12' x 12' ft
Main Level	Bedroom	13' x 13' ft
Main Level	Kitchen	12' x 12' ft
Main Level	Flex Room	8' x 8' ft
Above Level	Living Room	14' x 14' ft
Above Level	Dining Room	11' x 11' ft
Above Level	Primary Bedroom	12' x 12' ft
Above Level	Bedroom	13' x 13' ft
Above Level	Kitchen	12' x 12' ft
Above Level	Flex Room	8' x 8' ft
Basement Level	Living Room	19' x 19' ft
Basement Level	Kitchen	10' x 10' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Above Level	No	#4
Basement	No	#4

Listed by: Multifamily Real Estate Services Corporation

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

Charles Dickens Annex

0.92 km

No Rating

Elementary

Charles Dickens Elementary School

Average

0.49 km

Rating 5.2/10

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

St.Joseph's School

0.45 km

Rating 8/10

Elementary, Secondary

Stratford Hall School

0.57 km

Rating 8.7/10

Closest Transit

Translink

Southbound Clark Dr @ E 12 Ave

0.19 km

3008 CLARK DRIVE, Vancouver BC V5N 3J1 is serviced by Charles Dickens Elementary School. The property with listing MLS® R2960946 is located 0.49 km from the school. Charles Dickens Elementary School has a rating of Rating 5.2/10.

The closest Elementary independent school to this home for sale located at 3008 CLARK DRIVE, Vancouver BC V5N 3J1 is St.Joseph's School with School's rating Rating 8/10, located 0.45 km from this home.

The closest to this address 3008 CLARK DRIVE, Vancouver BC V5N 3J1 Secondary independent school is Stratford Hall School with School's rating Rating 8.7/10, located 0.57 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 - 3008 CLARK DRIVE, Vancouver BC V5N 3J1, 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® R2960946 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 3008 CLARK DRIVE, Vancouver BC V5N 3J1 are Above Average. Property misconduct rating adjacent to MLS® R2960946 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 Southbound Clark Dr @ E 12 Ave in 0.19 km away from this listing with - MLS® R2960946.

40.6% of people with university certificate/degree live in this neighbourhood adjacent to the 3008 CLARK DRIVE, Vancouver BC V5N 3J1 which is High in comparison with other BC neighbourhoods. 12.6% of population in this neighbourhood that is near the Listing MLS® R2960946 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 3008 CLARK DRIVE, Vancouver BC V5N 3J1, Vancouver, BC is $70869 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2960946 is $33385 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 61.5% which is Average.

Unemployment rate in the area around Real Estate Listing # R2960946 is 4.7 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 3008 CLARK DRIVE, Vancouver BC V5N 3J1 where population change between 2011 and 2016 was -1%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 3008 CLARK DRIVE, Vancouver BC V5N 3J1, Vancouver, BC is 8246.1 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 3008 CLARK DRIVE, Vancouver BC V5N 3J1 is 2.8. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2960946 is 60% and it is Average. % of Married or living common law is around 48.6% and it is Low.

Average age of the population close to the 3008 CLARK DRIVE, Vancouver BC V5N 3J1 is 36.9 . This percentage is Low in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 3008 CLARK DRIVE, Vancouver BC V5N 3J1, Vancouver, BC is $1229536 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 3008 CLARK DRIVE, Vancouver BC V5N 3J1. $1780 owners spent in average for the dwelling. Tenants are paying $1226 in this district close to MLS® R2960946 and it is Above Average comparing to other cities.

53.7% of Population in this district near the 3008 CLARK DRIVE, Vancouver BC V5N 3J1 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 3008 CLARK DRIVE, Vancouver BC V5N 3J1, Vancouver, BC is 11.9%, it is Above Average, % of English speakers only is 83.7% and Below Average. % of French speakers adjacent to 3008 CLARK DRIVE, Vancouver BC V5N 3J1 only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 3008 CLARK DRIVE, Vancouver BC V5N 3J1, Vancouver, BC is 4.2% and it is High comparing to other BC cities.

29.4% of all population in the area around this property with the address 3008 CLARK DRIVE, Vancouver BC V5N 3J1, Vancouver, BC using Public Transport which is High, 46.4% of using population are using Cars around MLS® R2960946, which is Low. 15.5% of people using Bicycles around the 3008 CLARK DRIVE, Vancouver BC V5N 3J1 and it is High. 6% of population are walking which is Above Average

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