106 1988 E 37th Ave, Vancouver, BC V5P 1G1, Vancouver, BC, V5P 1G1, MLS® R3049820

$429,000
Est. Mortgage /mo

NEW 25.64% cheaper than comparables

$429,000
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
1 Beds
1 Baths
1 Stories
$ 268.13 Maint. Fee
466 sqft
1994 built
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106 1988 E 37th Ave, Vancouver, BC V5P 1G1, Vancouver, BC, V5P 1G1 | MLS® R3049820 Property Details

25.64% cheaper than comparables

BEST PRICED one bed home in East Van! Here’s your chance to own a fully renovated 1 bedroom unit in the heart of East Vancouver With IN-SUITE LAUNDRY! This stylish home features quartz countertops, custom cabinetry, wide-plank flooring, LED lighting, a designer backsplash, sleek stainless steel appliances, an elevated sleeping area, and more! Enjoy the conveniences of being located on Victoria Drive, just steps from tons of shops, restaurants, schools, parks and public transit. This home is above ground and faces the quiet side of the building, offering peaceful, unobstructed PARK VIEWS! Building in great shape, 1 parking included, come see this incredible reno for yourself. Whether you are looking to buy your first place, downsize or invest do not miss out!

General Info

Price $429,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 466
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1994
Age Of Building 31
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer, Dryer, Refrigerator, Stove, Microwave
Building Amenities Caretaker, Trash, Maintenance Grounds, Management, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R3049820
Area Vancouver East
Neighbourhood Victoria VE
City Vancouver
Gross Taxes $1,029.97
Ownership Type Freehold Strata
Maintenance Fee $268.13
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Maintenance Grounds, Management, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type Underground, Garage Door Opener
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions
Rental Restrictions -
Zoning CD-1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Mixed, Tile
Foundation Concrete Perimeter
Interior Features Elevator
View 1
View Description PARK VIEW
Units In Development 24
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
Active - $429,000
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Listed by: Sutton Centre 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
Tecumseh Elementary School
Average
0.57 km
Rating 6.1/10
Elementary
Tecumseh Annex
0.58 km
No Rating
Secondary
Gladstone Secondary School
1.38 km
No Rating

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

Private Schools

Elementary
Corpus Christi School
1.23 km
Rating 10/10
Secondary
Vancouver Formosa Academy
1.45 km
No Rating

Closest Transit

Translink
Northbound Victoria Dr @ E 38 Ave
0.05 km

Welcome to 106 1988 E 37th Avenue, a charming home for sale in the heart of Vancouver, BC V5P 1G1.

This beautiful property, listed with MLS® R3049820, is situated in a fantastic location with excellent access to top-rated schools, amenities, and public transportation.

Education

Families will love the fact that 106 1988 E 37th Avenue is serviced by Tecumseh Annex, a well-regarded school with a 0.58 km proximity. While Tecumseh Annex has a rating of No Rating, nearby Corpus Christi School, an Elementary independent school, boasts a 10/10 rating and is just 1.23 km away. Vancouver Formosa Academy, a Secondary independent school, is also close by, with a No Rating and a 1.45 km distance. These excellent educational options make this property an ideal choice for families.

Safety

According to the latest crime statistics from Statistics Canada (2020), this neighborhood has a crime rate of 7,470.82, which is Average compared to other Canadian cities. The rate of volation disturbances in this area is 52,217, and the drug crime rate is Average, with a rating of 229.49. Property crimes in the neighborhood are Above Average, with a rating of 5,020.27. However, violent crime rates are Below Average, with 1,311.69 incidents per 100,000 population. These statistics provide peace of mind for homeowners and residents.

Demographics

This neighborhood is a vibrant and diverse community, with 22.1% of the population holding a university certificate or degree, which is Above Average compared to other BC neighborhoods. However, 26.7% of the population has no certificate or degree, also Above Average in comparison to the average in BC. The median household income in this area is $65,609, which is Average in comparison to the British Columbia average. The median personal income is $24,312, which is Low compared to the BC average. The percentage of households with a mortgage is 43.2%, which is Low.

Transportation

For commuters, this property is conveniently located near the Northbound Victoria Dr @ E 38 Ave bus station, just 0.05 km away. Public transportation is a popular choice in this neighborhood, with 34.3% of the population using it. Cars are also widely used, with 59.3% of the population relying on them, while 2.6% of people prefer bicycles, and 3.3% walk.

Lifestyle Amenities

This neighborhood offers a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The average value of dwellings in this area is $1,330,325, which is High compared to other areas in British Columbia.

Real Estate Context

The average owner payments in this area are Above Average, with $1,331 spent on average for dwellings. Tenants are also paying Above Average, with $1,118 spent on average. 43.8% of the population in this area are renters, which is Above Average compared to other BC cities and areas.

Additional Insights

The population density per square kilometer in this community is 7,680.3, which is High. The average size of families in this area is 3, which is Above Average. However, the percentage of married or living common law is Below Average, at 53.3%. The average age of the population in this area is 41.5, which is Average in comparison to other BC cities.

In conclusion, 106 1988 E 37th Avenue is a fantastic property in a highly sought-after neighborhood, offering excellent access to top-rated schools, amenities, and public transportation. With its diverse community, Above Average demographics, and High population density, this property is an ideal choice for families and individuals alike.

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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 $429,000
Vancouver $539,867
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
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