2320 E 1st Ave, Vancouver, BC, MLS® R3022693

$2,380,000
Est. Mortgage /mo

$2,380,000
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
5 Beds
3 Baths
2 Stories
lot 3581 sqft
2084 sqft
1976 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

2320 E 1st Ave, Vancouver, BC | MLS® R3022693 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) 2084
Lot Size 3581.76
Lot Size Depth Feet
Lot Size Frontage 32.8
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® # R3022693
Area Vancouver East
Neighbourhood Grandview Woodland
City Vancouver
Gross Taxes $6,346.02
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
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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
7.81 km
Elementary
Lord Nelson Elementary School
Average
0.39 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
1.01 km
Secondary
Notre Dame Regional Secondary School
1.2 km

Closest Transit

Bus Stop
Southbound Nanaimo St @ E 1st Ave
0.05 km
Skytrain
Skytrain @ Commercial-Broadway Stn
1.16 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 the vibrant Grandview Woodland neighborhood in Vancouver, BC, where you'll find the perfect blend of urban living and community charm. Here's a closer look at what makes this area special.

Education

Imagine your family thriving in a community with excellent schools. The property at 2320 E 1st Avenue, Vancouver, BC (MLS® R3022693) is served by Lord Nelson Elementary School, rated 6.8/10, just 0.39 km away. This home also benefits from Vancouver Technical Secondary School, approximately 7.81 km away, and the nearby St Francis of Assisi Elementary Independent School, rated 8.9/10, just 1.01 km from your doorstep. Additionally, Notre Dame Regional Secondary School, a top-rated independent secondary school, is 1.2 km from this address.

Crime and Safety

According to Statistics Canada's 2020 report, the neighborhood surrounding 2320 E 1st Avenue has a total crime rate of 7,470.82, which is Average compared to other Canadian cities. The year-over-year change in total crime rate is -14.94%, indicating a trend of decreasing crime. The illegal substances offences rating is Average, with a rating of 229.49 and 1,604 incidents in 2020. Property crimes in the area are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. The violent crime rate is Below Average at 1,311.69, with 9,168 incidents in 2020.

Demographics and Lifestyle

This neighborhood is home to a diverse population, with 38% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. The median household income is $78,746, Above Average in comparison to the British Columbia average. The median personal income is $34,336, Average in comparison to the BC average. The unemployment rate in the area is 4.8%, Low compared to other province neighborhoods.

Transit and Commuting

The property at 2320 E 1st Avenue is conveniently located near the Southbound Nanaimo St @ E 1st Ave bus station, just 0.05 km away. You can easily access public transportation, making commuting a breeze. The neighborhood also has a high percentage of residents using public transport (30.3%), and a significant number of residents using bicycles (12.4%), which is a great way to enjoy the local scenery.

Amenities and Lifestyle

The Grandview Woodland neighborhood offers a wide range of amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby. You'll find plenty of opportunities to stay active, socialize, and enjoy the local culture.

Real Estate Context

The average value of dwellings in the neighborhood is $1,303,033, which is High compared to other areas in British Columbia. The average owner payments are High in the area, with owners spending $1,625 on average for their dwelling. Tenants are paying $1,233 in the district, which is Above Average compared to other cities. The percentage of renters in the area is 34.5%, which is Above Average compared to other BC cities and areas.

Language and Cultural Diversity

The neighborhood surrounding 2320 E 1st Avenue is culturally diverse, with 14.3% of residents speaking both English and French, which is Above Average. However, 78.7% of residents speak only English, which is Below Average. The percentage of French speakers is 0.1%, which is Below Average.

Conclusion

In conclusion, the property at 2320 E 1st Avenue, Vancouver, BC (MLS® R3022693) offers a unique blend of urban living, excellent schools, and a diverse community. With its convenient location, access to public transportation, and a wide range of amenities, this property is an excellent choice for families, professionals, and anyone looking for a vibrant and dynamic community to call home.

Contact me today to schedule a viewing and make this property yours!

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 $2,380,000
Vancouver $1,845,352
Grandview Woodland $2,380,000
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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