1331 E 8th St, North Vancouver, BC, MLS® R2934539

$4,926,240
Est. Mortgage /mo

$4,926,240
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
0 Stories
lot 7920 sqft
0 sqft
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1331 E 8th St, North Vancouver, BC | MLS® R2934539 Property Details

Few and far between development opportunity in North Vancouver. The entire potential assembly, through consolidation and sale have some probability for redevelopment. Keith Road and Mountain Highway have increased in importance as DNV and the rest of the North Shore east west connectivity. The site is located in the lower Lynn Town Centre, one of the four key growth areas in the DNV and one of two Regional Town Centres recognized by Metro Vancouver in the DNV. Land Assembly, East Keith Road and East 8th Street. All Properties to be sold in conjunction with each other.

General Info

Price $4,926,240
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 7920
Lot Size Depth Feet
Lot Size Frontage -
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features BuildingFeatures
Structures Land Only

Additional Details

MLS # R2934539
Area North Vancouver
Neighbourhood Lynnmour
City North Vancouver
Gross Taxes $6,966
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Public, Storm Sewer Available, Electricity Available, Natural Gas Available, Phone Nearby, Cable Connected
Water (WaterSource) Community

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RS3
Rental Suites -
# of Kitchens -
Locker -
View -
View Description -
Units In Development -

Property History

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Status Date Price

Listed by: RE/MAX Crest Realty & RE/MAX Crest 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

Private Schools

Elementary
North Star Montessori Elementary School
0.31 km
No Rating
Elementary, Secondary
Kenneth Gordon Maplewood School
1.6 km
Rating 3.2/10

Closest Transit

Translink
Westbound E Keith Rd @ Mountain Hwy
0.1 km

Welcome to the charming neighborhood of Lynnmour, located in North Vancouver, BC, where the perfect blend of natural beauty and community spirit awaits. As we step into the heart of this vibrant community, let's start with the local schools that make this area so appealing to families.

For elementary education, the closest school to this beautiful home at 1331 E 8th Street is North Star Montessori Elementary School, boasting a rating of No Rating. Located just 0.31 km away, this school offers a nurturing environment that fosters curiosity and growth. Just down the road, you'll find Kenneth Gordon Maplewood School, a secondary independent school with a rating of 3.2/10, situated 1.6 km from this stunning property.

Now, let's talk about the safety and security of this neighborhood. According to the latest crime data from Statistics Canada (2020), there were 3,615 reported disturbances in this area, with an overall crime rate of 3,915.47 incidents per 100,000 population. This rate is considered Low compared to other Canadian cities, showcasing the community's commitment to maintaining a safe environment. Additionally, the year-over-year change in the total crime rate is a notable -11.91%, demonstrating a consistent decline in crime rates.

Looking at the specifics of crime types, the drug crime rate adjacent to this real estate listing (MLS® R2934539) is Low, with a rating of 47.66. There were 44 reported illegal substances lawbreaking disturbances in 2020, and the year-over-year change in the illegal substances offenses ranking is a significant -26.38%. In terms of property crimes, the neighborhood surrounding this home for sale (1331 E 8th Street) is considered Below Average, with a property misconduct rating of 2,464.09. There were 2,275 reported incidents in 2020, and the year-over-year change in the property misconduct rate is a -10.50%. Lastly, the violent crime rate in this area is Low, with 566 reported incidents in 2020, and a year-over-year change of 2.20%.

As we explore the amenities and services in this neighborhood, you'll find that the closest bus station is Westbound E Keith Rd @ Mountain Hwy, just 0.1 km away from this listing (MLS® R2934539). This convenient public transportation option makes it easy to commute to work, school, or explore the surrounding area.

In terms of demographics, this neighborhood is characterized by a high level of education, with 29.2% of the population holding a university certificate or degree, which is Above Average compared to other BC neighborhoods. Conversely, 12.3% of the population in this area have no certificate or degree, which is Low compared to the average in BC.

The median household income in this neighborhood is $88,448, which is Above Average compared to the British Columbia average. Additionally, the median personal income is $41,280, also Above Average in comparison to the BC average. Notably, 51.7% of households in this census subdivision have a mortgage, which is Below Average.

Unemployment rates in this area are Low, standing at 4.5%, which is a testament to the strong local economy. Population growth in this neighborhood between 2011 and 2016 was 1.2%, which is Average compared to the average growth rate of this region.

In terms of population density, this community has an above-average density of 2,614.4 people per square kilometer. The average family size in this area is 2.9, which is Average compared to the whole region. Moreover, 60.7% of families in this neighborhood have children, and 60.7% of the population is married or living common law, both of which are Average.

The average age of the population in this neighborhood is 44.3 years, which is Above Average compared to other BC cities. The average value of dwellings in this neighborhood is $1,263,376, which is High compared to other areas in British Columbia.

In terms of housing costs, the average owner payments in this area are High, with owners spending $1,788 on average for their dwellings. Tenants are paying $1,554 in this district, which is also High compared to other cities. Notably, 20.7% of the population in this neighborhood are renters, which is Average compared to other BC cities and areas.

Lastly, language diversity in this neighborhood is characterized by 8.7% of the population speaking both English and French, which is Average. Additionally, 90.4% of the population speaks only English, which is also Average. Lastly, 0.9% of the population speaks neither English nor French, which is also Average.

As we conclude our tour of this

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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 $4,926,240
North vancouver $2,150,833
Lynnmour $3,662,460
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
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