2314 E 1st Ave, Vancouver, BC | MLS^® R3021337 Property Details

Rare opportunity for investors and developers! Land assembly of 4 contiguous lots stretching to the corner of E 1st Ave and Garden Dr. Zoned RM-12N, allowing for 3.5 to 4-storey apartment or townhouse development. Located in a vibrant East Vancouver neighbourhood near Nanaimo St, with transit, schools, and shopping close by. Solid 2-storey home with back lane access. Excellent potential in a fast-growing area - bring your development ideas! Buyer to verify all details with City of Vancouver.

General Info

Price $2,380,000

Total Bedrooms 5

Total Bathrooms 2

Half Bathrooms 1

Floor Area Total (sqft) 2108

Lot Size 3675.25

Lot Size Depth Feet

Lot Size Frontage 32.73

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1976

Age Of Building 49

Building Type Single Family Residence

Property Type Residential

Stories 2

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R3021337

Area Vancouver East

Neighbourhood Grandview Woodland

City Vancouver

Gross Taxes $6,659.51

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Shopping Nearby

Fixtures Included -

Heating & Cooling

Fireplace 1

Heating Type 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 Carport Multiple, Lane Access, Rear Access

Total Parking Spaces 2

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Strata Restrictions -

Rental Restrictions -

Zoning RM-12

Rental Suites Unauthorized Suite

# of Kitchens 2

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Sewer Public Sewer, Sanitary Sewer

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	18'9 x 18'9 ft
Main Level	Dining Room	9'9 x 9'9 ft
Main Level	Kitchen	9' x 9' ft
Main Level	Primary Bedroom	13' x 13' ft
Main Level	Bedroom	11'5 x 11'5 ft
Main Level	Bedroom	11' x 11' ft
Main Level	Nook	9' x 9' ft
Above Level	Living Room	18'6 x 18'6 ft
Above Level	Dining Room	11' x 11' ft
Above Level	Kitchen	11' x 11' ft
Above Level	Bedroom	12' x 12' ft
Above Level	Bedroom	12' x 12' ft
Above Level	Foyer	11' x 11' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Above Level	No	#4
Above Level	No	#2

Listed by: Magsen Realty Inc.

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

Secondary

Vancouver Technical Secondary School

7.79 km

Elementary

Lord Nelson Elementary School

Average

0.38 km

6.8/10

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 km

Secondary

Notre Dame Regional Secondary School

1.21 km

Closest Transit

Bus Stop

Southbound Nanaimo St @ E 1st Ave

0.07 km

Skytrain

Skytrain @ Commercial-Broadway Stn

1.14 km

Noise/ Power Lines

Road/Hwy Noise

Possible

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 2314 E 1st Avenue, a beautiful property located in the heart of Vancouver, BC. As we walk through this charming neighborhood, I'll share with you the details that make this home truly special.

First, let's talk about the schools. Lord Nelson Elementary School is just a short 0.38 km away, with a rating of 6.8/10. Families love this area because of the excellent education offered by this school. Additionally, Vancouver Technical Secondary School is a 7.79 km drive away, with a rating of No Rating. For those looking for independent education options, St Francis of Assisi Elementary School is just 1 km away, with a rating of 8.9/10, making it an excellent choice for families.

Now, let's discuss the crime rate in this area. According to the latest statistics from Statistics Canada, 2020 crime data shows an overall crime rate of 7,470.82 in this neighborhood. This is considered Average compared to other Canadian cities. The year-over-year change in the total crime rate is -14.94%, indicating a decrease in crime over time. When it comes to drug crime, the rate is Average, with 1,604 illegal substances lawbreaking disturbances in 2020. Property crimes in this area are Above Average, with 35,089 incidents in 2020. On a positive note, the violent crime rate is Below Average, with 9,168 violent lawbreaking disorders in 2020.

Getting around is easy, with the Southbound Nanaimo St @ E 1st Ave bus station just 0.07 km away from this property. This makes it convenient for commuters who rely on public transportation.

Now, let's talk about the demographics of this neighborhood. 38% of the population in this area holds a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 16% of the population has no certificate or degree, which is Below Average compared to the average in BC.

In terms of income, the median household income near this property is $78,746, which is Above Average compared to the British Columbia average. The median personal income is $34,336, which is Average compared to the BC average. Interestingly, 48.3% of households in this area have a mortgage, which is Below Average.

Unemployment rates in this area are Low, at 4.8%. This is a great indicator of the area's economic stability.

This property is located in the Grandview Woodland neighborhood, where the population grew by 2.1% between 2011 and 2016. This is Average compared to the average growth rate of this region.

In terms of population density, this area has a high 6,226.3 people per square kilometer, making it one of the more densely populated neighborhoods in the area.

Families in this area tend to be average in size, with 2.9 people per household. However, 62.7% of families in this area have children, which is Above Average. On the other hand, 53.9% of the population is married or living common law, which is Below Average.

The average age of the population in this area is 40.2 years old, which is Below Average compared to other BC cities.

When it comes to real estate, the average value of dwellings in this neighborhood is $1,303,033, which is High compared to other areas in British Columbia. The average owner payments are also High, at $1,625 per month. Tenants, on the other hand, pay an average of $1,233 per month, which is Above Average.

Interestingly, 34.5% of the population in this area are renters, which is Above Average compared to other BC cities and areas.

Finally, let's talk about the language spoken in this area. 14.3% of the population speaks both English and French, which is Above Average. 78.7% of the population speaks only English, which is Below Average. 0.1% of the population speaks only French, which is Below Average. 6.8% of the population speaks neither English nor French, which is High compared to other BC cities.

In terms of transportation, 30.3% of the population in this area uses public transportation, which is High. 51.6% of the population uses cars, which is Low. 12.4% of the population uses bicycles, which is High. 4.3% of the population walks, which is Average.

In conclusion, 2314 E 1st Avenue is a wonderful property located in a desirable neighborhood in Vancouver, BC. With excellent schools, a low crime rate, and a diverse population, this area offers something for everyone. As your trusted realtor, I'd

2314 E 1st Ave, Vancouver, BC, MLS^® R3021337