15.1% price reduction
Cash-flowing East Vancouver triplex with projected NOI of $88,000 and a strong 4.40% cap rate. Offered with vacant possession, all three fully upgraded units can be leased at market rents immediately. Includes two spacious 2-bed + flex suites and a studio with private entry, on a 4,396 SF RT-2 corner lot. Features include sprinklers, separate meters, dual furnaces, two hot water tanks, shared laundry, dry storage, and North Shore mountain views. Built in 1955 and modernized throughout, the property is ideal for investors or owner-occupiers seeking stable yield with future redevelopment upside in a high-demand, transit-connected rental corridor.
General Info
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 14' x 14' ft |
| Main Level | Dining Room | 11' x 11' ft |
| Main Level | Primary Bedroom | 12' x 12' ft |
| Main Level | Bedroom | 13' x 13' ft |
| Main Level | Kitchen | 12' x 12' ft |
| Above Level | Living Room | 14' x 14' ft |
| Above Level | Dining Room | 11' x 11' ft |
| Above Level | Primary Bedroom | 12' x 12' ft |
| Below | Bedroom | 13' x 13' ft |
| Above Level | Kitchen | 12' x 12' ft |
| Basement Level | Living Room | 19' x 19' ft |
| Below | Kitchen | 10' x 10' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Above Level | No | #4 |
| Basement | No | #4 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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Welcome to 3008 Clark Drive, a stunning property nestled heartily in the vibrant neighborhood of Grandview Woodland, Vancouver, BC, with MLS(R) R2955008.
As you step into this charming community, you'll be surrounded by an array of amenities that cater to all lifestyles. Let's start with the schools - a top priority for many families. Charles Dickens Elementary School, with a rating of 5.2/10, is located just 0.49 km from this beautiful home. St. Joseph's School, an independent elementary school with an impressive rating of 8/10, is even closer, at 0.45 km. For secondary education, Stratford Hall School, with a rating of 8.7/10, is a short 0.57 km away.
Safety First
Now, let's talk about crime statistics. According to the latest data from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. This means you can enjoy a peaceful environment, knowing that you're in a safe community. The drug crime rate is also Average, with a rating of 229.49, and the year-over-year change is a reassuring 1.58%. Property crimes are Above Average, but with a rating of 5,020.27, you can still feel comfortable and secure. Violent crimes are even lower, with a rate of 1,311.69, making this a Below Average neighborhood in that regard.
Getting Around
Convenience is key, and you'll find it in abundance at 3008 Clark Drive. The closest bus station, Southbound Clark Dr @ E 12 Ave, is just 0.2 km away, making it easy to get around the city. Plus, with a population density of 8,246.1 people per square kilometer, you'll never be far from amenities, services, and entertainment.
Community Spirit
This neighborhood is home to a diverse group of people, with 40.6% of residents holding a university certificate or degree, making it a High percentage compared to other BC neighborhoods. However, 12.6% of the population has no certificate or degree, which is a Below Average figure. The median household income is $70,869, an Average figure compared to the British Columbia average. You'll also find a mix of homeowners and renters, with 61.5% of households owning their homes, an Average figure.
Lifestyle and Amenities
The area around 3008 Clark Drive is bustling with activity. The average age of the population is 36.9, making it a Low percentage compared to other BC cities. You'll find a range of housing options, with an average dwelling value of $1,229,536, a High figure compared to other areas in British Columbia. The average owner payments are High, at $1,780, while tenants pay $1,226, an Above Average figure. With 53.7% of the population renting, it's a High percentage compared to other BC cities.
Transportation and Commuting
Getting around is easy, with 29.4% of the population using Public Transport, a High figure. Cars are also popular, with 46.4% of the population using them, while 15.5% use bicycles, a High figure, and 6% walk, an Above Average figure.
Final Thoughts
3008 Clark Drive, Vancouver, BC, with MLS(R) R2955008, offers the perfect blend of safety, convenience, and community spirit. With its diverse population, range of housing options, and easy access to amenities, this property is sure to appeal to a wide range of buyers. Don't miss out on this amazing opportunity to own a piece of Vancouver's vibrant Grandview Woodland neighborhood.
Contact Information
If you're interested in learning more about 3008 Clark Drive or would like to schedule a viewing, please don't hesitate to contact me, your trusted realtor, at [Your Name] with [Your Contact Information]. I'd be delighted to help you navigate the process of finding your dream home in this incredible neighborhood.
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