1332 E 2nd Ave, Vancouver, BC, MLS® R3032566

$1,298,000
Est. Mortgage /mo

Motivated Sellers, Below Assessment Value, 7.2% price reduction

$1,298,000
$1,399,000
Est. Mortgage /mo
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
0 Stories
lot 3844 sqft
0 sqft
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1332 E 2nd Ave, Vancouver, BC | MLS® R3032566 Property Details

Motivated Sellers
Below Assessment Value
7.2% price reduction

Commercial Drive Old Timer 2 level Duplex with Unfin BSMT 700 SF approx area with ok ceiling height, sep side Entrance connected to Main Floor. Big Yard backs onto Lane. House & Suites in original condition, need work. A perfect simple renovation project to make a great Duplex for rental/combined ownership, reversion to a SF residence w Suite & possible Laneway House. Potential for assembly w adjacent 2 properties for a 99' frontage. Environmental Report done. Great Location, close to "The Drive", mins to Downtown. Motivated Seller, Affordable - Priced $506,000 Below Assessment! Tenanted, Show by Appt w 2 day notice. Contact LS for Info Pkg, floor plan, viewing. Showing Sun Nov 23 @ noon by Appointment Call To Attend.

General Info

Price $1,298,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 3844
Lot Size Depth Feet
Lot Size Frontage 31
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features BuildingFeatures
Structures Land Only

Additional Details

MLS® # R3032566
Area Vancouver East
Neighbourhood Grandview Woodland
City Vancouver
Gross Taxes $8,970.35
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

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

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RM-4
Rental Suites -
# of Kitchens -
Locker -
View -
View Description -
Units In Development -

Property History

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Status Date Price

Listed by: RE/MAX Real Estate Services

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
Grandview Elementary School
0.29 km
Secondary
Britannia Community Secondary School
0.94 km

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

Private Schools

Elementary
St Francis of Assisi
1.24 km
Elementary, Secondary
Stratford Hall School
1.33 km

Closest Transit

Bus Stop
Northbound Clark Dr @ E 3rd Ave
0.07 km
Skytrain
Skytrain @ Vcc-Clark Stn
0.44 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Possible
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 1332 E 2nd Avenue, a vibrant neighborhood in Vancouver, BC!

As we walk through this charming community, you'll notice the proximity to top-rated schools that make it an excellent choice for families. Let's start with the educational institutions in the area.

Schools

The property at 1332 E 2nd Avenue, Vancouver, BC (MLS® R3032566) is served by two excellent schools: Grandview Elementary School and Britannia Community Secondary School. Grandview Elementary School, located just 0.29 km away, has a strong reputation with a rating of No Rating, making it an attractive option for families. Britannia Community Secondary School, situated 0.94 km from the property, also offers quality education with a rating of No Rating.

In addition to these public schools, we also have two nearby independent schools that cater to students' diverse needs. St. Francis of Assisi Elementary School, with a rating of 8.9/10, is a short 1.24 km away, while Stratford Hall School, with a rating of 8.7/10, is just 1.33 km from the property.

Crime Rates

As we look at the crime data from Statistics Canada (2020), we see that the neighborhood surrounding 1332 E 2nd Avenue has an overall crime rate of 7,470.82, which is lower compared to other Canadian cities. This indicates a relatively safe environment for residents. Breaking down the crime categories, we find that the drug crime rate is Average, with a rating of 229.49, and the property crime rate is Above Average, with a rating of 5,020.27. However, the violent crime rate is Below Average, with a rate of 1,311.69.

Crime statistics:

  • 52,217 volation disturbances in the neighborhood
  • Overall crime rate: 7,470.82 (Average compared to other Canadian cities)
  • Year-over-year change in crime rate: -14.94%

Demographics

The neighborhood surrounding 1332 E 2nd Avenue, Vancouver, BC (MLS® R3032566) boasts a high percentage of residents with a university certificate or degree, at 39.1%, which is High compared to other BC neighborhoods. Conversely, 13.3% of the population has no certificate or degree, which is Below Average. The median household income is $50,670, which is Below Average in comparison to the British Columbia average. However, the median personal income is $31,067, also Below Average. The percentage of households with a mortgage is 66.8%, which is Above Average.

Transportation and Lifestyle Amenities

The property at 1332 E 2nd Avenue is conveniently located near the Northbound Clark Dr @ E 3rd Ave bus station, just 0.07 km away. As for lifestyle amenities, residents can enjoy the proximity to Grandview Woodland Park, the Grandview Park Community Centre, and the many shops and restaurants along Commercial Drive.

Real Estate Context

The average value of dwellings in the neighborhood surrounding 1332 E 2nd Avenue, Vancouver, BC (MLS® R3032566) is $754,409, which is High compared to other areas in British Columbia. The average owner payments are Above Average, with an average of $1,501. Meanwhile, tenants are paying an average of $1,008, which is Average compared to other cities.

Community Insights

  • 72.7% of the population in this district are renters, which is High compared to other BC cities.
  • 40.8% of the population uses public transport, which is High.
  • 37.8% of the population uses cars, which is Low.
  • 12.6% of the population uses bicycles, which is High.
  • 7.2% of the population walks, which is Above Average.

As we conclude our tour of 1332 E 2nd Avenue, Vancouver, BC (MLS® R3032566), we hope you've gained a deeper understanding of the neighborhood's strengths, from its excellent schools to its convenient location and vibrant community.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,298,000
Vancouver $1,391,667
Grandview Woodland No comparables
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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