1462 E 1ST AVE, Vancouver BC V5N 1A3, Vancouver, BC

$1,599,000
Est. Mortgage /mo

MLS® R2924422

Closed

$1,550,000
Closed at 15 Jan 2025
Listing price: $1,599,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
11 Beds
6 Baths
4 Stories
lot 4026 sqft
4300 sqft
1911 built
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Property details

This multi-family revenue property is located at the prominent corner of Commercial Street and 1st Avenue in Vancouver. The four-plex includes eleven bedrooms and five and a half bathrooms. Currently, all four units are rented. Situated in the highly desirable Grandview-Woodland neighborhood, each unit features both front and rear entry points, offering convenient access. The property includes common areas with staircases at both the front and rear, and the top deck on the second level provides a picturesque downtown view. RM-4N Multiple Dwelling District zoning. A great investment.

General Info

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Property History

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Status Date Price
Sold 01-15-2025 $1,599,000

Listed by:

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
0.33 km
No Rating
Secondary
Britannia Community Secondary School
0.77 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 Francis of Assisi
Above Average
1.04 km
Rating 8.9/10
Elementary
St Francis of Assisi
Above Average
1.04 km
Rating 8.9/10

Closest Transit

Translink
Northbound Clark Dr @ E 1st Ave
0.24 km

1462 E 1ST AVENUE, Vancouver BC V5N 1A3 is serviced by Grandview Elementary School. The property with listing MLS® R2924422 is located 0.33 km from the school. Grandview Elementary School has a rating of No Rating.

This home with address 1462 E 1ST AVENUE, Vancouver BC V5N 1A3, Vancouver, BC is also serviced by Britannia Community Secondary School and located 0.77 km from it. Britannia Community Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 1462 E 1ST AVENUE, Vancouver BC V5N 1A3 is St Francis of Assisi with School's rating Rating 8.9/10, located 1.04 km from this home.

The closest to this address 1462 E 1ST AVENUE, Vancouver BC V5N 1A3 Secondary independent school is St Francis of Assisi with School's rating Rating 8.9/10, located 1.04 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 - 1462 E 1ST AVENUE, Vancouver BC V5N 1A3, 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® R2924422 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 1462 E 1ST AVENUE, Vancouver BC V5N 1A3 are Above Average. Property misconduct rating adjacent to MLS® R2924422 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 Clark Dr @ E 1st Ave in 0.24 km away from this listing with - MLS® R2924422.

39.1% of people with university certificate/degree live in this neighbourhood adjacent to the 1462 E 1ST AVENUE, Vancouver BC V5N 1A3 which is High in comparison with other BC neighbourhoods. 13.3% of population in this neighbourhood that is near the Listing MLS® R2924422 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 1462 E 1ST AVENUE, Vancouver BC V5N 1A3, Vancouver, BC is $50670 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2924422 is $31067 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 66.8% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2924422 is 4.9 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 1462 E 1ST AVENUE, Vancouver BC V5N 1A3 Grandview Woodland where population change between 2011 and 2016 was 8.4%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 1462 E 1ST AVENUE, Vancouver BC V5N 1A3, Vancouver, BC is 9156 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 1462 E 1ST AVENUE, Vancouver BC V5N 1A3 is 2.5. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2924422 is 46% and it is Low. % of Married or living common law is around 41.9% and it is Low.

Average age of the population close to the 1462 E 1ST AVENUE, Vancouver BC V5N 1A3 is 40.7 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 1462 E 1ST AVENUE, Vancouver BC V5N 1A3, Vancouver, BC is $754409 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 1462 E 1ST AVENUE, Vancouver BC V5N 1A3. $1501 owners spent in average for the dwelling. Tenants are paying $1008 in this district close to MLS® R2924422 and it is Average comparing to other cities.

72.7% of Population in this district near the 1462 E 1ST AVENUE, Vancouver BC V5N 1A3 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 1462 E 1ST AVENUE, Vancouver BC V5N 1A3, Vancouver, BC is 13.4%, it is Above Average, % of English speakers only is 83.4% and Below Average. % of French speakers adjacent to 1462 E 1ST AVENUE, Vancouver BC V5N 1A3 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 1462 E 1ST AVENUE, Vancouver BC V5N 1A3, Vancouver, BC is 3.1% and it is Above Average comparing to other BC cities.

40.8% of all population in the area around this property with the address 1462 E 1ST AVENUE, Vancouver BC V5N 1A3, Vancouver, BC using Public Transport which is High, 37.8% of using population are using Cars around MLS® R2924422, which is Low. 12.6% of people using Bicycles around the 1462 E 1ST AVENUE, Vancouver BC V5N 1A3 and it is High. 7.2% of population are walking which is Above 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 $1,599,000
Vancouver $4,695,000
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
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