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.
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Property History
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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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Noise/ Power Lines
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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:
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
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.
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