857 E 8th Ave, Vancouver, BC, MLS® R2879911

$4,300,000
Est. Mortgage /mo

$4,300,000
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
5 Beds
5 Baths
3 Stories
lot 4026 sqft
3020 sqft
1905 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

857 E 8th Ave, Vancouver, BC | MLS® R2879911 Property Details

Broadway Corridor land assembly potential: If the other four neighbors participate, the estimated size of the assembly could be 132'x122'(16,104 sf). This parcel is a legal non-conforming 5-plex with 6 electric meters sitting on a 33 x 122 lot. The gross rental is $7850/mo, and the net rental is $6445/mo. The building was substantially renovated in 2009 with new kitchens, bathrooms, electrical panels, electric heat, windows, doors, and roofing.

General Info

Price $4,300,000
Total Bedrooms 5
Total Bathrooms 5
Half Bathrooms 0
Floor Area Total (sqft) 3020
Lot Size 4026
Lot Size Depth Feet
Lot Size Frontage 33
Basement Full, Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1905
Age Of Building 120
Building Type Single Family Residence
Property Type Residential
Stories 3
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2879911
Area Vancouver East
Neighbourhood Mount Pleasant VE
City Vancouver
Gross Taxes $6,342.14
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Electric

Utilities

Utility Type Community, Electricity Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public, Community

Parking

Parking Type Open, Rear Access, Side Access, Gravel
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning RM-4
Rental Suites Legal Suite
Laundry Common Area
# of Kitchens 5
Flooring Laminate, Mixed
Foundation Concrete Perimeter
Locker -
View -
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: RE/MAX City Realty & RE/MAX City 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
Vancouver Technical Secondary School
5.72 km
Elementary
Mount Pleasant Elementary School
0.62 km

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

Private Schools

Elementary
St. Francis Xavier
0.74 km
9.8/10
Excellent
Secondary
Columbia College
1.11 km

Closest Transit

Bus Stop
Eastbound E Broadway @ St. Catherines St
0.16 km
Skytrain
Skytrain @ Vcc-Clark Stn
0.45 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 this charming home located at 857 E 8th Avenue in the heart of Vancouver, BC. As your trusted realtor, I'm excited to share with you the many features and benefits of this incredible property, listed as MLS® R2879911.

First, let's talk about the schools. This home is serviced by Mount Pleasant Elementary School, which is just a short 0.62 km away. With a rating of No Rating, this school is a great option for families who value a strong education for their children. You'll also find Vancouver Technical Secondary School within a 5.72 km radius, offering a range of academic and extracurricular opportunities for your kids.

But what about independent schools? For families who prefer a private education, St. Francis Xavier is the closest elementary school, boasting a impressive rating of 9.8/10, and is just 0.74 km from this home. Meanwhile, Columbia College, a secondary independent school, is only 1.11 km away, offering a unique learning experience for your teenagers.

Now, let's dive into the crime statistics. According to the latest data from Statistics Canada (2020), there were 52,217 disturbances in this neighbourhood, with an overall crime rate of 7,470.82 incidents per 100,000 population. This is considered Average compared to other Canadian cities, and a welcome feature for families who value a safe and peaceful environment.

When it comes to specific types of crime, the rates are also worth noting. The drug crime rate next to this property is Average, with an illegal substances offences rating of 229.49, and 1,604 lawbreaking disturbances in 2020. Additionally, property crimes in the neighbourhood are Above Average, with a property misconduct rating of 5,020.27, and 35,089 incidents in 2020.

But don't worry, the violent crime rate is Below Average, with 9,168 disorders in 2020, and a rate of 1,311.69 incidents per 100,000 population. This is a reassuring aspect of living in this neighbourhood, close to the MLS® R2879911 listing.

Now, let's talk about transportation. The closest bus station is Eastbound E Broadway @ St. Catherines St, just 0.16 km away from this property. You'll have easy access to public transportation, making it simple to get around the city.

In terms of demographics, this neighbourhood is a hub of activity, with a diverse population and a strong sense of community. 35.4% of residents hold a university certificate or degree, which is High compared to other BC neighbourhoods. Meanwhile, 10.7% of the population has no certificate or degree, which is Low compared to the average in BC.

The median household income is $43,995, which is Low compared to the British Columbia average. However, the median personal income is $30,320, which is Below Average. The % of households with a mortgage is 69.5%, which is High, and a reassuring indication of financial stability in the area.

Unemployment rates are also worth noting, with a rate of 6.5% in this neighbourhood, which is Below Average compared to other province neighbourhoods.

This property is located in Mount Pleasant VE, an area that has experienced a population change of -2% between 2011 and 2016, which is Below Average in comparison to average growth rates in the region. However, the population density per square kilometre is a whopping 10,264.1, which is High and indicative of a vibrant and dynamic community.

The average size of families in this area is 2.5, which is Low compared to the whole region. However, 44.7% of families have children, which is Low, and 39.7% of residents are married or living in common law arrangements, which is also Low.

The average age of the population is 40.4, which is Average compared to other BC cities. And with an average value of dwellings in this neighbourhood of $394,436, this is considered Average compared to other areas in British Columbia.

So, whether you're a first-time buyer or a seasoned investor, this property at 857 E 8th Avenue, Vancouver, BC (MLS® R2879911) offers a unique blend of safety, convenience, and community spirit. Come and see it for yourself – I'd be delighted to show you around and answer any questions you may have.

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 $4,300,000
Vancouver $2,474,167
Mount Pleasant VE $2,400,000
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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