1332 E 2nd Ave, Vancouver, BC, MLS® R3078362

$1,298,000
Est. Mortgage /mo

Motivated Sellers, Below Assessment Value

$1,298,000
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® R3078362 Property Details

Motivated Sellers
Below Assessment Value

Commercial Drive Old Timer 2 Level Duplex w unfin Bsmt on 31’x124’ South Corner RM-4 lot. Upper Floor 762 SF 2 Bdrm Suite rented @ $2150/mo. Main Flr 856 SF 2 Bdrm rented @ $985/mo (LT tenant). Unfin BSMT 700 SF approx w ok ceiling height, connected to Main, side Entrance. Big Yard backs onto Lane. House & Suites original condition, need work. Simple reno project for a great Duplex & rental/combined ownership, or convert to SF residence w Suite & possible Laneway. Assembly potential w adjacent 2 properties for a 99' frontage. Environmental Report done. Great Location, close to "The Drive", mins to Downtown. Motivated Seller, Affordable Price Way Below Assessment! Tenanted, Show by Appt w 2 day notice. Call LS Info Pkg, Flr Plan, to View. Show Wed Jan 28 @ 4:00 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® # R3078362
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
8.9/10
Excellent
Elementary, Secondary
Stratford Hall School
1.33 km
8.7/10
Excellent

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

Imagine yourself walking through the charming neighborhood of Grandview Woodland, Vancouver, where the beautiful property at 1332 E 2nd Avenue, MLS® R3078362, awaits. As we stroll through this vibrant community, let's start with the schools that serve the area.

Just a short walk away from 1332 E 2nd Avenue, you'll find Grandview Elementary School, with a rating of No Rating. This elementary school is located 0.29 km from the property, making it a convenient option for families. Britannia Community Secondary School, with a rating of No Rating, is also nearby, situated 0.94 km from the property.

If you're looking for a more specialized education experience, consider the independent schools in the area. St. Francis of Assisi Elementary School, with a rating of 8.9/10, is located 1.24 km from 1332 E 2nd Avenue, offering a unique learning environment for students. For secondary education, Stratford Hall School, with a rating of 8.7/10, is nearby, situated 1.33 km from the property.

Now, let's talk about the safety and security of the area. The most recent crime data from Statistics Canada (2020) indicates that there were 52,217 disturbances in the neighborhood surrounding 1332 E 2nd Avenue, Vancouver, BC. The overall crime rate in the area, with a rate of 7,470.82 incidents per 100,000 population, is considered Average when compared to other Canadian cities. However, it's worth noting that the year-over-year change in the total crime rate is a significant -14.94%.

Breaking down the crime statistics further, we see that the drug crime rate is Average, with a rating of 229.49 and 1,604 incidents in 2020. The year-over-year change in the drug crime rate is a relatively small 1.58%. Property crimes in the neighborhood are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. However, the year-over-year change in the property crime rate is a notable -20.80%.

On the other hand, the violent crime rate in the area is Below Average, with a rate of 1,311.69 incidents per 100,000 population. This is a positive indicator of the safety and security of the neighborhood.

When it comes to public transportation, the closest bus station to 1332 E 2nd Avenue is Northbound Clark Dr @ E 3rd Ave, located just 0.07 km away.

Now, let's explore the demographic characteristics of the neighborhood surrounding 1332 E 2nd Avenue, Vancouver, BC. According to the data, 39.1% of the population in the area has a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 13.3% of the population has no certificate or degree, which is Below Average compared to the average in BC.

In terms of household income, the median household income in the area is $50,670, which is Below Average compared to the British Columbia average. The median personal income is $31,067, also Below Average compared to the BC average. However, the percentage of households with a mortgage in the area is 66.8%, which is Above Average.

Unemployment rates in the area are Low, at 4.9%, compared to other province neighborhoods.

The population growth in the area surrounding 1332 E 2nd Avenue has been High, with an 8.4% increase between 2011 and 2016. This is a notable indicator of the area's desirability and growth potential.

In terms of family demographics, the average size of families in the area is 2.5, which is Low compared to the whole region. The percentage of families with children is 46%, also Low. The percentage of married or living common law couples is 41.9%, also Low.

The average age of the population in the area is 40.7 years, which is Average compared to other BC cities.

When it comes to housing, the average value of dwellings in the area is $754,409, which is High compared to other areas in British Columbia.

The average owner payments in the area are Above Average, with owners spending an average of $1,501 per month. Tenants, on the other hand, pay an average of $1,008 per month, which is Average compared to other cities.

Renters make up 72.7% of the population in the area, which is High compared to other BC cities and areas.

In terms of language, the percentage of English and French speakers in the area is 13.4%, which is Above Average. However, the percentage of English speakers

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 $1,497,167
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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