Home Vancouver, BC Grandview Woodland 2316 E 1st Avenue

2316 E 1st Ave, Vancouver BC – House for Sale – MLS® R3021767

2316 E 1st Avenue, Vancouver, British Columbia V5N 1C3

Vancouver Houses for Sale

477 days on the market

$2,380,000

Est. Mortgage $10,529/mo

Listing updated: Jul 16, 2026 at 08:58am

EstateBlock checked: Oct 20, 2026 at 01:25pm

4 Beds

3 Baths

2016 sqft

1181 $ /sqft

1976 built

Photos

Exterior photo of 2316 E 1st Ave, Vancouver, BC – MLS® R3021767

Exterior Rear Photo of 2316 E 1st Avenue, Vancouver, BC

Rare opportunity for investors and developers! Land assembly of 4 contiguous lots stretching to the corner of E 1st Ave and Garden Dr. Zoned RM-12N, allowing for 3.5 to 4-storey apartment or townhouse development. Located in a vibrant East Vancouver neighbourhood near Nanaimo St, with transit, schools, and shopping close by. Solid 2-storey home with back lane access. Excellent potential in a fast-growing area - bring your development ideas! Buyer to verify all details with City of Vancouver.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace	1
Heating Type	Forced Air, Natural Gas
# of Kitchens	2
Foundation	Concrete Perimeter

Exterior Features

Structures	Residential Detached

Building Details

Price	$2,380,000
Total Bedrooms	4
Total Bathrooms	3
Full Bathrooms	3
Half Bathrooms	0
Floor Area Total (sqft)	2016
Year Built	1976
Age Of Building	50
Building Type	Single Family Residence
Property Type	Residential
Stories	2
Ownership Type	Freehold NonStrata
Community Features	Shopping Nearby
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Carport Multiple, Lane Access, Rear Access
Total Parking Spaces	2
Rental Suites	Unauthorized Suite

Lot & Land

Lot Size	3650.51
Lot Size Depth	Feet
Lot Size Frontage	32.74
MLS^® #	R3021767
Area	Vancouver East
Neighbourhood	Grandview Woodland
City	Vancouver
Postal Code	V5N 1C3
Gross Taxes	$6,639.62
Zoning	RM-12

Property Timeline

Status	Date	Price
R3021767 / Active	06-30-2025	$2,380,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	18'9 x 18'9 ft
Main Level	Dining Room	9' x 9' ft
Main Level	Kitchen	9' x 9' ft
Main Level	Primary Bedroom	13' x 13' ft
Main Level	Bedroom	11'5 x 11'5 ft
Main Level	Bedroom	11' x 11' ft
Above Level	Living Room	18'6 x 18'6 ft
Above Level	Dining Room	11' x 11' ft
Above Level	Kitchen	11' x 11' ft
Above Level	Bedroom	12' x 12' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Main Level	No	#3
Above Level	No	#4

Listed by: Magsen Realty Inc.

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.

Map & Neighbourhood

Public Schools

Elementary
Lord Nelson Elementary School: Average 0.39 km 6.9/10
Secondary
Vancouver Technical Secondary School: Above Average 7.8 km 7.1/10

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

Private Schools

Elementary
St Francis of Assisi: Above Average 1.01 km 8.9/10
Secondary
Notre Dame Regional Secondary School: Above Average 1.21 km 7.8/10

Closest Transit

Bus Stop
Southbound Nanaimo St @ E 1st Ave: 0.06 km
Skytrain
Skytrain @ Commercial-Broadway Stn: 1.15 km

Crime Rate

Total Crime Rate: Average
Violent Crime Rate: Below Average
Property Crime Rate: Above Average

Demographics

Post-Secondary Education: Above Average 38%
No Certificate/Degree: Above Average 16%
Owner Occupied: Below Average 48.3%
Employment Rate: Average 62.7%

Noise/ Power Lines

Road/Hwy Noise: Possible
Railway/Sky train Noise: Possible
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Sell Speed & Competition

37 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $1,880,200

—

Market conditions

Market conditions unavailable

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Possible — near transit

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How GRANDVIEW WOODLAND compares

This property

477 DOM

Listed

Grandview Woodland avg

—

Vancouver avg

—

2316 E 1st Avenue has a sell-speed score of 37/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 21% above comparable active properties in Grandview Woodland. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V5N 1C3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5N 1C3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS. Nearest station: Vancouver Clark Drive, Vancouver (~1.8 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Shopping (59 nearby)

Big bro's barbershop · 77 m · Hairdresser
Busy bee · 128 m · Laundry
San marco jewellers · 392 m · Jeweller

Restaurants (59 nearby)

Song huong · 115 m · Restaurant
Folietta · 271 m · Restaurant
Panago · 380 m · Fast Food

Groceries (25 nearby)

7-eleven · 117 m · Convenience
To live for · 235 m · Bakery
Columbus meat market · 435 m · Butcher

Cafes (17 nearby)

To live for · 235 m · Cafe
Mah milk bar · 611 m · Cafe
Ruka coffee · 826 m · Cafe

Healthcare (5 nearby)

Pharmasave · 839 m · Healthcare
The drive pharmacy · 864 m · Healthcare
Shoppers simply pharmacy · 912 m · Healthcare

Transit (1 nearby)

Bus stop northbound nanaimo st @ e 11 ave · 992 m · Transit

Schools NearBy

44 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Lord Nelson Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.9 / 10	Distance 387 m
Lord Nelson Elementary	Public	Grades Served —	Catchment Info —	6.9 / 10	Distance 391 m
Chief Maquinna Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 510 m
Queen Victoria Annex	Public	Grades Served K-5	Catchment Info —	6.4 / 10	Distance 684 m
Laura Secord Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 887 m
Norval-Morrisseau	Public	Grades Served —	Catchment Info —	N/A	Distance 969 m
St Francis of Assisi	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 1.01 KM
Templeton Secondary School	Public	Grades Served 8-12	Catchment Info —	6.7 / 10	Distance 1.07 KM
Vancouver Technical Secondary	Public	Grades Served —	Catchment Info —	7.1 / 10	Distance 1.11 KM
Britannia Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 1.16 KM
Notre Dame Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	7.8 / 10	Distance 1.21 KM
Britannia Community Secondary School	Public	Grades Served 8-12	Catchment Info —	5.0 / 10	Distance 1.21 KM
Our Lady of Sorrows School	Independent	Grades Served K-7	Catchment Info —	9.7 / 10	Distance 1.26 KM
Our Lady Of Sorrows	Independent	Grades Served —	Catchment Info —	9.7 / 10	Distance 1.28 KM
Coquitlam College - Brookmere Secondary	Independent	Grades Served —	Catchment Info —	N/A	Distance 1.46 KM
Westside Montessori Academy	Independent	Grades Served K-7	Catchment Info —	9.1 / 10	Distance 1.51 KM
Hastings Community Elementary School	Public	Grades Served K-7	Catchment Info —	6.4 / 10	Distance 1.56 KM
Stratford Hall School	Independent	Grades Served K-12	Catchment Info —	8.7 / 10	Distance 1.57 KM
Stratford Hall	Independent	Grades Served —	Catchment Info —	8.7 / 10	Distance 1.61 KM
Dr. A. R. Lord Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.75 KM
St.Jude's School	Independent	Grades Served K-7	Catchment Info —	9.8 / 10	Distance 1.78 KM
St.Joseph's School	Independent	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 1.80 KM
Tillicum Community Annex	Public	Grades Served K-4	Catchment Info —	7.4 / 10	Distance 1.92 KM
Lord Beaconsfield Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 1.95 KM
Admiral Seymour Elementary School	Public	Grades Served K-7	Catchment Info —	N/A	Distance 1.95 KM
West Coast Christian School	Independent	Grades Served K-12	Catchment Info —	6.0 / 10	Distance 1.99 KM
Nootka Community Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.05 KM
Tyee Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.13 KM
Gladstone Secondary School	Public	Grades Served 8-12	Catchment Info —	6.0 / 10	Distance 2.31 KM
Lord Selkirk Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 2.32 KM
Gladstone Secondary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 2.33 KM
Charles Dickens Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.41 KM
Vancouver Christian	Independent	Grades Served —	Catchment Info —	9.1 / 10	Distance 2.65 KM
Vancouver Christian School	Independent	Grades Served K-6	Catchment Info —	9.1 / 10	Distance 2.65 KM
Renfrew Community Elementary School	Public	Grades Served K-7	Catchment Info —	6.6 / 10	Distance 2.70 KM
Sir John Franklin Community School	Public	Grades Served K-7	Catchment Info —	6.7 / 10	Distance 2.71 KM
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 2.73 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	N/A	Distance 2.73 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.74 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.75 KM
Charles Dickens Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 2.80 KM
Windermere Community Secondary School	Public	Grades Served 8-12	Catchment Info —	6.3 / 10	Distance 2.81 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.86 KM
Lord Selkirk Annex	Public	Grades Served K-4	Catchment Info —	3.5 / 10	Distance 2.89 KM

Pre-computed routes from 2316 E 1st Ave, Vancouver, BC

2316 E 1st Ave, Vancouver, BC Commercial-Broadway 1.1 km

26 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Commercial-Broadway → Waterfront
26 min
Metrotown, Burnaby via Commercial-Broadway → Metrotown
26 min
SFU Burnaby via Commercial-Broadway → Production Way
33 min
Richmond Centre via Commercial-Broadway → Brighouse
51 min
YVR Airport via Commercial-Broadway → YVR-Airport
52 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
5 min
Metrotown, Burnaby via Lougheed Hwy
7 min
SFU Burnaby via Gaglardi Way
12 min
Richmond Centre via No. 3 Rd
15 min
YVR Airport via Bridgeport / Sea Island
15 min

Calculate your commute

2316 E 1st Ave, Vancouver, BC is ideally located for commuters. The property is 1.1 km from Commercial-Broadway, with a 26 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Nanaimo St @ E 1st Ave (0.06 km). Walk Score Transit rating: Good Transit (63/100).

Walkability & Transit Near 2316 E 1st Avenue

Car-Dependent 89

Walk Score - Very Walkable

Most errands can be accomplished on foot

Some Transit 63

Transit Score - Good Transit

Many nearby public transportation options

Somewhat
Bikeable 79

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 2316 E 1st Avenue

2026 assessed value, sourced from City of Vancouver open data (PID 008-888-884).

Total Assessed Value (2026)

$1,456,100

-5.5% YoY

+0.7%/yr over 4 yr

2022 Value Trend 2026

Land

$1,359,000

Buildings

$97,100

Year Built

1976

Class

Residential

Zoning

RM-12

Property Tax

$7,395

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,359,000	$97,100	$1,456,100	-5.5%
2025	$1,443,000	$97,900	$1,540,900	+0.3%
2024	$1,438,000	$98,500	$1,536,500	+4.1%
2023	$1,374,000	$102,000	$1,476,000	+4.2%
2022	$1,311,000	$105,000	$1,416,000	—

Mortgage Calculator for 2316 E 1st Avenue

/month

Principal & Interest

Property Taxes $553

Maintenance fee 0

With a 20% down payment, buyers can expect an estimated $9,643/month in total housing costs on this $2,380,000 property — $9,090 mortgage payment, $553 property tax.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $6,793/month estimated rent and $9,857/month in total housing costs, this property has a -$3,065/month cashflow. Break-even down payment: approximately 47%.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 2316 E 1st Avenue, Vancouver

Buy Vs Rent Calculator

— / month

Rent —

Own —

Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —

Principal paid off by year 10 —

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.