2325 W 8th Ave, Vancouver, BC, MLS® R3046288

$2,895,000
Est. Mortgage /mo

$2,895,000
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
3 Baths
2 Stories
lot 6000 sqft
2644 sqft
1925 built
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Map
Street view
Schools
Crime
Commute
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2325 W 8th Ave, Vancouver, BC | MLS® R3046288 Property Details

Nestled in Kitsilano, this 4-bed, 3-bath multi-unit home offers incredible potential on a generous 6,000 sq ft lot. This well-maintained 3-plex presents an excellent investment opportunity with steady rental income and holding possibilities. Updates include newer paint, updated kitchen, bathrooms, and light fixtures for main floor and lower suite. Located in a peaceful neighborhood, you'll enjoy proximity to convenient amenities, and top schools. The property’s re-development potential combined with its desirable location makes this a rare find in one of Vancouver's most sought-after communities. Perfect for families or savvy investors looking for long-term value.

General Info

Price $2,895,000
Total Bedrooms 4
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2644
Lot Size 6000
Lot Size Depth Feet
Lot Size Frontage 50
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1925
Age Of Building 100
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® # R3046288
Area Vancouver West
Neighbourhood Kitsilano
City Vancouver
Gross Taxes $11,592.4
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

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 Open, Front Access
Total Parking Spaces 5

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Strata Restrictions -
Rental Restrictions -
Zoning RT-8
Rental Suites -
# of Kitchens 2
Flooring Hardwood, Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: WESTSIDE Tom Gradecak Realty

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
0.54 km
Elementary
General Gordon Elementary School
0.89 km

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

Private Schools

Elementary, Secondary
Fraser Academy
0.27 km
Elementary, Secondary
Fraser Academy
0.27 km

Closest Transit

Bus Stop
Eastbound W Broadway @ Vine St
0.16 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
2.82 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

Discover the Perfect Blend of Lifestyle and Location at 2325 W 8th Avenue, Vancouver, BC (MLS® R3046288)

As we step into the charming neighborhood of 2325 W 8th Avenue, Vancouver, BC, you'll notice the perfect blend of lifestyle and location that makes this property truly special. Let's start with the schools - a crucial aspect of any neighborhood.

Top-Notch Education

Your child's education is in good hands with General Gordon Elementary School, located just 0.89 km from 2325 W 8th Avenue (MLS® R3046288). This school has a rating of No Rating, but what matters most is the quality of education and the values it instills in your child. Just down the road, Kitsilano Secondary School is also within walking distance, with a rating of No Rating.

For families who prefer independent education, Fraser Academy is the closest Elementary school, located 0.27 km from this home for sale. With a rating of No Rating, it's the perfect option for those seeking a unique learning experience.

Safety First

When it comes to crime rates, Statistics Canada's 2020 report shows that the area around 2325 W 8th Avenue, Vancouver, BC has an average crime rate of 7,470.82, which is Average compared to other Canadian cities. The year-by-year change in the total crime rate is -14.94%, indicating a decrease in crime over time.

To give you a better idea of the crime rates in this area, here are some specific statistics:

  • Drug crime rate: Average (229.49)
  • Property crime rate: Above Average (5,020.27)
  • Violent crime rate: Below Average (1,311.69)

Convenience and Amenities

Now that we've covered the schools and crime rates, let's talk about the convenience and amenities that make this neighborhood so desirable.

  • The closest bus station is Eastbound W Broadway @ Vine St, located just 0.16 km away from this listing (MLS® R3046288).
  • For those who love to explore, the neighborhood is surrounded by a variety of parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops.
  • If you're looking for a quick commute, the neighborhood is close to major highways and public transportation options.

Demographics and Lifestyle

Now that we've covered the schools, crime rates, and convenience, let's dive into the demographics and lifestyle aspects of this neighborhood.

  • According to the 2020 census, 52.4% of the population in this neighborhood has a university certificate or degree, which is High compared to other BC neighborhoods.
  • The median household income is $61,600, which is Below Average compared to the British Columbia average.
  • The median personal income is $40,422, which is Above Average compared to the BC average.
  • The unemployment rate in the area is 5.7%, which is Below Average compared to other province neighborhoods.

Real Estate Context

Now that we've covered the demographics and lifestyle, let's talk about the real estate context of this neighborhood.

  • The average value of dwellings in this neighborhood is $974,976, which is High compared to other areas in British Columbia.
  • The average owner payments are Above Average in this area, with owners spending an average of $1,495 per month.
  • Tenants are paying an average of $1,301 per month, which is also Above Average compared to other cities.

Language and Transportation

Finally, let's talk about the language and transportation options in this neighborhood.

  • The percentage of English and French speakers in this area is 17.9%, which is Above Average.
  • The percentage of English speakers only is 81.1%, which is Below Average.
  • The percentage of French speakers only is 0.1%, which is Below Average.
  • The percentage of neither English nor French speakers is 0.9%, which is Average.

In terms of transportation, 39.7% of the population uses public transport, which is High. 35.2% of the population uses cars, which is Low. 9.9% of the population uses bicycles, which is High. 13.6% of the population walks, which is also High.

Conclusion

In conclusion, 2325 W 8th Avenue, Vancouver, BC (MLS® R3046288) is a fantastic opportunity for anyone looking for a neighborhood that offers the perfect blend of lifestyle and location. With top-notch education, a safe and convenient environment, and a diverse range of demographics and lifestyle options, this property is sure to impress.

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 $2,895,000
Vancouver $3,073,417
Kitsilano $3,633,000
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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