1923 PARKER ST, Vancouver BC V5L 2L2, Vancouver, BC

$4,300,000
Est. Mortgage /mo

MLS® R3002573

$4,300,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
9 Beds
9 Baths
3 Stories
lot 6100 sqft
6216 sqft
1965 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Exceptional investment opportunity in the heart of East Vancouver’s sought after Commercial Drive neighborhood. This 3 level walk-up apartment building features 9 modern 1 bedroom units, each with private outdoor space, dishwashers and in-suite laundry. The units have all been recently and tastefully updated, including flooring, kitchens and bathrooms. Set on a large 50' x 122' lot, the building is in excellent condition with low tenant turnover. Unbeatable location on a quiet tree-lined street just steps to restaurants, shops, transit and bike routes, with easy access to downtown and the new St. Paul’s Hospital. This is a fantastic, turnkey revenue property with a solid cap rate in one of the city’s most popular, high demand areas.

General Info

Price $4,300,000
Total Bedrooms 9
Total Bathrooms 9
Half Bathrooms 0
Floor Area Total (sqft) 6216
Lot Size 6100
Lot Size Depth Feet
Lot Size Frontage 50
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1965
Age Of Building 60
Building Type Other
Property Type Residential Income
Architecture Style 3 Storey
Stories 3
Building Features BuildingFeatures
Structures Multi Family

Additional Details

MLS # R3002573
Area Vancouver East
Neighbourhood Grandview Woodland
City Vancouver
Gross Taxes $9,971.81
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace -
Heating Type Baseboard, Hot Water

Utilities

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

Parking

Parking Type Open, Rear Access
Total Parking Spaces 5

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Strata Restrictions -
Rental Restrictions -
Zoning RT-5
Rental Suites -
Laundry In Unit
# of Kitchens 9
Flooring Laminate, Tile
Foundation Slab
Interior Features Storage
Locker -
View 1
View Description Mountain
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Property History

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Status Date Price
Active - $4,300,000
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Listed by: Stilhavn Real Estate Services & Stilhavn Real Estate Services

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
Templeton Secondary School
0.46 km
No Rating
Elementary
Lord Nelson Elementary School
Average
0.56 km
Rating 6.8/10

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
St Francis of Assisi
0.11 km
Rating 8.9/10
Elementary, Secondary
PALS Autism School
0.84 km
No Rating

Closest Transit

Translink
Northbound Commercial Dr @ Napier St
0.33 km

1923 PARKER STREET, Vancouver BC V5L 2L2 is serviced by Lord Nelson Elementary School. The property with listing MLS® R3002573 is located 0.56 km from the school. Lord Nelson Elementary School has a rating of Rating 6.8/10.

This home with address 1923 PARKER STREET, Vancouver BC V5L 2L2, Vancouver, BC is also serviced by Templeton Secondary School and located 0.46 km from it. Templeton Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 1923 PARKER STREET, Vancouver BC V5L 2L2 is St Francis of Assisi with School's rating Rating 8.9/10, located 0.11 km from this home.

The closest to this address 1923 PARKER STREET, Vancouver BC V5L 2L2 Secondary independent school is PALS Autism School with School's rating No Rating, located 0.84 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 1923 PARKER STREET, Vancouver BC V5L 2L2, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R3002573 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 1923 PARKER STREET, Vancouver BC V5L 2L2 are Above Average. Property misconduct rating adjacent to MLS® R3002573 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Northbound Commercial Dr @ Napier St in 0.33 km away from this listing with - MLS® R3002573.

38.8% of people with university certificate/degree live in this neighbourhood adjacent to the 1923 PARKER STREET, Vancouver BC V5L 2L2 which is High in comparison with other BC neighbourhoods. 14.6% of population in this neighbourhood that is near the Listing MLS® R3002573 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 1923 PARKER STREET, Vancouver BC V5L 2L2, Vancouver, BC is $78976 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R3002573 is $35802 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 52.9% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R3002573 is 4.9 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 1923 PARKER STREET, Vancouver BC V5L 2L2 Grandview Woodland where population change between 2011 and 2016 was 4.3%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 1923 PARKER STREET, Vancouver BC V5L 2L2, Vancouver, BC is 6939.8 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 1923 PARKER STREET, Vancouver BC V5L 2L2 is 2.7. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R3002573 is 58.7% and it is Average. % of Married or living common law is around 52.7% and it is Below Average.

Average age of the population close to the 1923 PARKER STREET, Vancouver BC V5L 2L2 is 40.9 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 1923 PARKER STREET, Vancouver BC V5L 2L2, Vancouver, BC is $1284993 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 1923 PARKER STREET, Vancouver BC V5L 2L2. $1650 owners spent in average for the dwelling. Tenants are paying $1143 in this district close to MLS® R3002573 and it is Above Average comparing to other cities.

42.2% of Population in this district near the 1923 PARKER STREET, Vancouver BC V5L 2L2 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 1923 PARKER STREET, Vancouver BC V5L 2L2, Vancouver, BC is 13.8%, it is Above Average, % of English speakers only is 78.7% and Below Average. % of Neither English nor French speakers close to home for sale 1923 PARKER STREET, Vancouver BC V5L 2L2, Vancouver, BC is 7.6% and it is High comparing to other BC cities.

27.6% of all population in the area around this property with the address 1923 PARKER STREET, Vancouver BC V5L 2L2, Vancouver, BC using Public Transport which is High, 52.7% of using population are using Cars around MLS® R3002573, which is Low. 13% of people using Bicycles around the 1923 PARKER STREET, Vancouver BC V5L 2L2 and it is High. 5.7% of population are walking which is Above Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $4,300,000
Vancouver No comparables
Grandview Woodland No comparables
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
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