846 W KING EDWARD AVE, Vancouver BC V5Z 2E1, Vancouver, BC

$3,800,000
Est. Mortgage /mo

MLS® R2841099

Closed

$3,710,000
$3,999,000
Closed at 30 Apr 2024
Listing price: $3,800,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
6 Beds
5 Baths
2 Stories
lot 7500 sqft
4328 sqft
1999 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Experience this Exceptional prime investment opportunity with immense development potential and lucrative rental income. Impeccably maintained, this property offers a modern living experience with high returns. With 3 suites, live comfortably on the main floor while enjoying rental income from the top 2 bdr suite and lower 2 bdr suite mortgage helpers. The open concept layout is flooded with natural light, complemented by serene Japanese Gardens. Indulge in the gourmet kitchen with high-end appliances. Conveniently located steps from Cambie SkyTrain and shopping. Emily Carr Elementary and Eric Hamber Secondary catchment areas. A must-see for investors and those seeking a distinctive lifestyle.

General Info

Price $3,800,000
Total Bedrooms 6
Total Bathrooms 4
Half Bathrooms 1
Floor Area Total (sqft) 4328
Lot Size 7500
Lot Size Depth Feet
Lot Size Frontage 50
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1999
Age Of Building 25
Building Type Single Family Residence
Property Type Residential
Architecture Style Reverse 2 Storey w/Bsmt
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2841099
Area Vancouver West
Neighbourhood Cambie
City Vancouver
Gross Taxes $16,163.9
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace -
Heating Type Heat Pump, Radiant

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Triple
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning RM-8AN
Rental Suites -
# of Kitchens 3
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
Sold 04-30-2024 $3,800,000
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Listed by: eXp 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

Elementary
Emily Carr Elementary School
0.3 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
Vancouver Talmud Torah Elementary School
0.25 km
Rating 9.3/10
Elementary, Secondary
York House School
1.28 km
Rating 10/10

Closest Transit

Translink
Eastbound W King Edward Ave @ Willow St
0.11 km

846 W KING EDWARD AVENUE, Vancouver BC V5Z 2E1 is serviced by Emily Carr Elementary School. The property with listing MLS® R2841099 is located 0.3 km from the school. Emily Carr Elementary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 846 W KING EDWARD AVENUE, Vancouver BC V5Z 2E1 is Vancouver Talmud Torah Elementary School with School's rating Rating 9.3/10, located 0.25 km from this home.

The closest to this address 846 W KING EDWARD AVENUE, Vancouver BC V5Z 2E1 Secondary independent school is York House School with School's rating Rating 10/10, located 1.28 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 846 W KING EDWARD AVENUE, Vancouver BC V5Z 2E1, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2841099 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 846 W KING EDWARD AVENUE, Vancouver BC V5Z 2E1 are Above Average. Property misconduct rating adjacent to MLS® R2841099 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Eastbound W King Edward Ave @ Willow St in 0.11 km away from this listing with - MLS® R2841099.

51.4% of people with university certificate/degree live in this neighbourhood adjacent to the 846 W KING EDWARD AVENUE, Vancouver BC V5Z 2E1 which is High in comparison with other BC neighbourhoods. 8.3% of population in this neighbourhood that is near the Listing MLS® R2841099 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 846 W KING EDWARD AVENUE, Vancouver BC V5Z 2E1, Vancouver, BC is $83861 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2841099 is $43215 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 52.8% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2841099 is 6.7 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 846 W KING EDWARD AVENUE, Vancouver BC V5Z 2E1 Cambie where population change between 2011 and 2016 was 4.4%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 846 W KING EDWARD AVENUE, Vancouver BC V5Z 2E1, Vancouver, BC is 4526.9 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 846 W KING EDWARD AVENUE, Vancouver BC V5Z 2E1 is 2.8. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2841099 is 59.5% and it is Average. % of Married or living common law is around 54.1% and it is Below Average.

Average age of the population close to the 846 W KING EDWARD AVENUE, Vancouver BC V5Z 2E1 is 40.9 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 846 W KING EDWARD AVENUE, Vancouver BC V5Z 2E1, Vancouver, BC is $1793194 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 846 W KING EDWARD AVENUE, Vancouver BC V5Z 2E1. $1835 owners spent in average for the dwelling. Tenants are paying $1483 in this district close to MLS® R2841099 and it is High comparing to other cities.

42.9% of Population in this district near the 846 W KING EDWARD AVENUE, Vancouver BC V5Z 2E1 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 846 W KING EDWARD AVENUE, Vancouver BC V5Z 2E1, Vancouver, BC is 14.7%, it is Above Average, % of English speakers only is 82.4% and Below Average. % of French speakers adjacent to 846 W KING EDWARD AVENUE, Vancouver BC V5Z 2E1 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 846 W KING EDWARD AVENUE, Vancouver BC V5Z 2E1, Vancouver, BC is 2.9% and it is Above Average comparing to other BC cities.

29.5% of all population in the area around this property with the address 846 W KING EDWARD AVENUE, Vancouver BC V5Z 2E1, Vancouver, BC using Public Transport which is High, 45.6% of using population are using Cars around MLS® R2841099, which is Low. 9.1% of people using Bicycles around the 846 W KING EDWARD AVENUE, Vancouver BC V5Z 2E1 and it is High. 14.7% of population are walking which is High

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $3,800,000
Vancouver No comparables
Cambie 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
Call or Text Now!
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