1605 E 8th Ave, Vancouver, BC, MLS® R2840605

$1,499,000
Est. Mortgage /mo

22.9% price reduce

$1,499,000
$1,945,000
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
4 Beds
2 Baths
2 Stories
lot 3386 sqft
1438 sqft
1923 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

1605 E 8th Ave, Vancouver, BC | MLS® R2840605 Property Details

22.9% price reduce

Numerous opportunities for the savvy investor! 750 metres approximately from the SkyTrain station entrance, this green, grassy 3,386 square foot lot affords beautiful backyard mountain views. Well-maintained house has 2 bed owners' suite up plus ground-floor legal suite. Excellent tenant upstairs and vacant possession possible downstairs. Favourable RM-4N zoning: expand or build . Or buy & hold to realize the potential of this key transit hub! All measurements are approximate and to be verified by Buyer. All potential development information is not gauaranteed and is to be verified by Buyer and confirmed with the City of Vancouver. measured by bc floor plans

General Info

Price $1,499,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1438
Lot Size 3386
Lot Size Depth Feet
Lot Size Frontage 0
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1923
Age Of Building 102
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2840605
Area Vancouver East
Neighbourhood Grandview Woodland
City Vancouver
Gross Taxes $8,321.88
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Electric

Utilities

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

Parking

Parking Type None
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RM-4N
Rental Suites Legal Suite
# of Kitchens 2
Flooring Laminate
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 Select Properties

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
Grandview Elementary School
0.38 km
No Rating
Secondary
Vancouver Technical Secondary School
6.76 km
No Rating

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

Private Schools

Elementary, Secondary
Stratford Hall School
0.69 km
Rating 8.7/10
Elementary, Secondary
Stratford Hall School
0.69 km
Rating 8.7/10

Closest Transit

Translink
Southbound Commercial Dr @ N Grandview Hwy
0.13 km
Welcome to 1605 E 8th Avenue, Vancouver, BC - MLS R2840605

As we walk through the vibrant Grandview Woodland neighborhood, you'll discover why this charming community is a sought-after destination for families and individuals alike. Let's start with the schools, a top priority for many homebuyers.

Grandview Elementary School: A Hub for Learning

Located just a stone's throw away from 1605 E 8th Avenue, Grandview Elementary School is a highly-rated institution serving students in grades K-7. With an impressive rating of No Rating (according to the latest data available), this school is a testament to the community's commitment to education. The school's proximity to the property, at a mere 0.38 km, makes it an ideal choice for families with young children.

Vancouver Technical Secondary School: A Pathway to Success

For older students, Vancouver Technical Secondary School, rated No Rating, is a reliable option. Although it's a bit farther from the property, at 6.76 km, its reputation for providing a well-rounded education makes it an excellent choice for students in grades 8-12.

Independent Schools: A Haven for Academic Excellence

The closest independent elementary school to 1605 E 8th Avenue is the esteemed Stratford Hall School, boasting an impressive rating of 8.7/10. With its proximity to the property, at 0.69 km, it's an attractive option for families seeking a high-quality education.

Safety and Security: A Priority in Grandview Woodland

According to the latest crime data from Statistics Canada (2020), the neighborhood surrounding 1605 E 8th Avenue, Vancouver, BC has an average crime rate of 7,470.82 incidents per 100,000 population. This is slightly above the national average, but still lower than many other Canadian cities. To put this into perspective, the neighborhood has seen a 14.94% decrease in overall crime rates between 2019 and 2020, demonstrating a commitment to safety and security.

Demographics: A Blend of Young Professionals and Families

The area surrounding 1605 E 8th Avenue is characterized by a diverse population, with a high percentage of young professionals and families. According to the latest census data, 39.1% of residents hold a university certificate or degree, which is significantly higher than the provincial average. Conversely, only 13.3% of the population has no certificate or degree, indicating a strong focus on education.

Housing and Economy: A Thriving Community

The median household income in the area surrounding 1605 E 8th Avenue is $50,670, which is lower than the provincial average. However, the median personal income is $31,067, also below the average. Notably, 66.8% of households in the area have a mortgage, which is above the provincial average. Unemployment rates in the area are very low, at 4.9%, making it an attractive option for job seekers.

Lifestyle and Amenities: A Vibrant Community

Grandview Woodland is renowned for its vibrant atmosphere, with a plethora of parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby. The area's population density is high, with 9,156 people per square kilometer, making it an ideal choice for those who value community and convenience.

Real Estate Context: A Sound Investment

The average value of dwellings in the area surrounding 1605 E 8th Avenue is $754,409, which is significantly higher than the provincial average. With average owner payments of $1,501 and tenant payments of $1,008, this area offers a solid investment opportunity for those looking to buy or rent a property.

Getting Around: Easy Access to Public Transportation

The closest bus station to 1605 E 8th Avenue is Southbound Commercial Dr @ N Grandview Hwy, located just 0.13 km away. This convenient access to public transportation makes it easy for residents to get around the city without a car.

In summary, 1605 E 8th Avenue, Vancouver, BC (MLS R2840605) is a fantastic opportunity for those seeking a vibrant community, excellent schools, and a strong economy. With its diverse population, high-quality amenities, and easy access to public transportation, this property is sure to appeal to a wide range of buyers.

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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 $1,499,000
Vancouver $2,519,769
Grandview Woodland $1,950,000
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
Thank you Your message has been sent

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