2305 W 3rd Ave, Vancouver, BC, MLS® R3067479

$3,000,000
Est. Mortgage /mo

14.3% price reduction

$3,000,000
$3,500,000
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
4 Beds
2 Baths
3 Stories
$ 350 Maint. Fee
1516 sqft
1942 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

2305 W 3rd Ave, Vancouver, BC | MLS® R3067479 Property Details

14.3% price reduction

Strata unit 3 is an exciting opportunity to purchase and hold until other strata owners in this owner occupied 4 units strata lot decide to sell. The strata windup for such a small strata is a simple process. It is located one block North of 4th Ave, at the top of the hill, on the West corner of W 3rd and Vine. Kitsilano Beach is only 4 blocks away. The lot is in a TOA zone, with potential rezoning and gorgeous views. The City of Vancouver's Broadway Development Plan extends to Vine St. and there are lots of buildings & towers coming to the area. Drive by and check out the redevelopment signs. This cute 4 bedrooms 1/2 duplex style town house was renovated with electrical and plumbing upgrades, updated drain tiles, cozy main floor, fully finished basement and fun finished upper floor.

General Info

Price $3,000,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1516
Lot Size 6300
Lot Size Depth Feet
Lot Size Frontage 100
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1942
Age Of Building 83
Building Type Townhouse
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 3
Appliances Included Refrigerator, Stove
Building Amenities Maintenance Grounds, Management
Building Features BuildingFeatures
Structures Residential Attached

Additional Details

MLS® # R3067479
Area Vancouver West
Neighbourhood Kitsilano
City Vancouver
Gross Taxes $4,267.97
Ownership Type Freehold Strata
Maintenance Fee $350
Community Features Shopping Nearby
Amenities Nearby Maintenance Grounds, Management

Heating & Cooling

Fireplace 0
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type None
Total Parking Spaces 0

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Strata Restrictions Pets Allowed,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Yes
Rental Restrictions -
Zoning RM4
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter
View -
View Description -
Units In Development -
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Royal Pacific Realty (Kingsway) Ltd.

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
Kitsilano Secondary School
0.91 km
Elementary
Henry Hudson Elementary School
Average
0.75 km
6.2/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St. Augustine's
0.54 km
Elementary, Secondary
St. John's School
0.7 km
9.6/10
Excellent

Closest Transit

Bus Stop
Eastbound W 4th Ave @ Balsam St
0.17 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
2.65 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
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 2305 W 3rd Avenue, a beautiful home located in the heart of Vancouver, BC. As we walk through the community, I'd like to share with you some of the exciting features and amenities that make this neighborhood so special.

Schools

Just a short distance from our home, you'll find Henry Hudson Elementary School, rated 6.2/10. This school is a fantastic option for families, with a diverse community and a strong focus on academic excellence. As a matter of fact, our home is located just 0.75 km from the school, making it an ideal choice for families with kids. In addition to Henry Hudson, we're also serviced by Kitsilano Secondary School, which is located just 0.91 km away.

If you're looking for an independent school option, St. Augustine's Elementary is just 0.54 km from our home, while St. John's School is a short 0.7 km away.

Safety

As a parent, one of your top concerns is likely the safety of your community. According to the latest crime statistics from Statistics Canada (2020), our neighborhood has an average crime rate of 7,470.82 incidents per 100,000 population. This is slightly above the national average, but still a reassuringly low number. In fact, our neighborhood has seen a decrease in crime over the past year, with a 14.94% drop in total crime rate.

If you're concerned about specific types of crime, you'll be pleased to know that our neighborhood has an average drug crime rate, with 229.49 incidents per 100,000 population. Property crime is also a relatively low concern, with an above-average rate of 5,020.27 incidents per 100,000 population.

Demographics

Our neighborhood is a vibrant and diverse community, with a high percentage of university-educated residents. In fact, 55.1% of people in our neighborhood hold a university certificate or degree, which is significantly higher than the provincial average. On the other hand, only 2% of residents in our neighborhood have no certificate or degree, which is a reassuringly low number.

In terms of income, the median household income in our neighborhood is $70,459, which is average compared to other areas in British Columbia. However, the median personal income is significantly higher, at $49,465, which is a testament to the high earning potential of our residents.

Transit

As you can see, our neighborhood is perfectly situated for commuters, with a range of public transportation options available. The closest bus station is just 0.17 km away, and we're also close to several major highways.

Lifestyle Amenities

Our neighborhood is home to a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. In fact, our neighborhood has a high percentage of residents who walk or bike to work, with 26.6% using public transport, 49.4% using cars, 11.5% using bicycles, and 11.1% walking.

Real Estate Context

As you'd expect from a neighborhood like ours, the average dwelling value is high, at $1,030,414. In fact, our neighborhood has one of the highest average dwelling values in all of British Columbia. However, the average owner payments are also relatively high, at $1,473 per month. On the other hand, tenants are paying an average of $1,421 per month, which is a testament to the high demand for housing in our area.

Overall, 2305 W 3rd Avenue is a fantastic option for anyone looking for a safe, diverse, and vibrant community with easy access to public transportation and a range of lifestyle amenities. With its high average dwelling value, high percentage of university-educated residents, and above-average income levels, our neighborhood is a great choice for anyone looking to invest in a property that will appreciate in value over time.

If you're interested in learning more about this property or would like to schedule a viewing, please don't hesitate to contact me. I'd be delighted to show you around and answer any questions you may have.

MLS® R3067479, 2305 W 3rd Avenue, Vancouver, BC

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 $3,000,000
Vancouver No comparables
Kitsilano 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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