2165 W 8TH AVE, Vancouver BC V6K 2A5, Vancouver, BC

$2,775,000
Est. Mortgage /mo

MLS® R3031745

NEW

$2,775,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
9 Beds
4 Baths
3 Stories
lot 6000 sqft
3807 sqft
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Map
Street view
Schools
Crime
Commute
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Property details

This well-maintained, four-suite revenue property sits on a valuable 50' x 120' RM-4 zoned lot in the heart of Kitsilano, one of Vancouver’s most desirable neighborhoods. Offering immediate rental income and significant long-term development potential (6.5 FSR if assembled), this property is an exceptional investment opportunity. The building has undergone numerous recent upgrades, including a new roof, double-glazed windows, two modern hot water tanks, enhanced attic insulation, and fresh exterior paint. The common areas have been refreshed with new carpeting and updated paint, fostering an inviting atmosphere for tenants. Two suites have been fully renovated with modern finishes, while the remaining units have received partial upgrades, including updated bathrooms and paint throughout.

General Info

Price $2,775,000
Total Bedrooms 9
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 3807
Lot Size 6000
Lot Size Depth Feet
Lot Size Frontage 50
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building 999
Building Type Quadruplex
Property Type Residential Income
Stories 3
Appliances Included Washer/Dryer
Building Features BuildingFeatures
Structures Multi Family

Additional Details

MLS # R3031745
Area Vancouver West
Neighbourhood Kitsilano
City Vancouver
Gross Taxes $11,721.1
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type Open, Concrete
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning RM-4
Rental Suites -
# of Kitchens 4
Flooring Hardwood, Laminate, Mixed, Tile
Foundation Concrete Perimeter
Interior Features Vaulted Ceiling(s)
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
Active - $2,775,000
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Listed by: Dexter 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

Secondary
Kitsilano Secondary School
0.78 km
No Rating
Elementary
General Gordon Elementary School
1.17 km
No Rating

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. Augustine's
0.09 km
No Rating
Elementary, Secondary
St. John's School
0.23 km
Rating 9.6/10

Closest Transit

Translink
Westbound W Broadway @ Arbutus St
0.11 km

2165 W 8TH AVENUE, Vancouver BC V6K 2A5 is serviced by General Gordon Elementary School. The property with listing MLS® R3031745 is located 1.17 km from the school. General Gordon Elementary School has a rating of No Rating.

This home with address 2165 W 8TH AVENUE, Vancouver BC V6K 2A5, Vancouver, BC is also serviced by Kitsilano Secondary School and located 0.78 km from it. Kitsilano Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 2165 W 8TH AVENUE, Vancouver BC V6K 2A5 is St. Augustine's with School's rating No Rating, located 0.09 km from this home.

The closest to this address 2165 W 8TH AVENUE, Vancouver BC V6K 2A5 Secondary independent school is St. John's School with School's rating Rating 9.6/10, located 0.23 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 - 2165 W 8TH AVENUE, Vancouver BC V6K 2A5, 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® R3031745 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 2165 W 8TH AVENUE, Vancouver BC V6K 2A5 are Above Average. Property misconduct rating adjacent to MLS® R3031745 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 Westbound W Broadway @ Arbutus St in 0.11 km away from this listing with - MLS® R3031745.

52.4% of people with university certificate/degree live in this neighbourhood adjacent to the 2165 W 8TH AVENUE, Vancouver BC V6K 2A5 which is High in comparison with other BC neighbourhoods. 6% of population in this neighbourhood that is near the Listing MLS® R3031745 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 2165 W 8TH AVENUE, Vancouver BC V6K 2A5, Vancouver, BC is $61600 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R3031745 is $40422 which is Above Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 52.1% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R3031745 is 5.7 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 2165 W 8TH AVENUE, Vancouver BC V6K 2A5 where population change between 2011 and 2016 was 3.8%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 2165 W 8TH AVENUE, Vancouver BC V6K 2A5, Vancouver, BC is 10481.6 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 2165 W 8TH AVENUE, Vancouver BC V6K 2A5 is 2.4. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R3031745 is 36.4% and it is Low. % of Married or living common law is around 44.4% and it is Low.

Average age of the population close to the 2165 W 8TH AVENUE, Vancouver BC V6K 2A5 is 40.5 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 2165 W 8TH AVENUE, Vancouver BC V6K 2A5, Vancouver, BC is $974976 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 2165 W 8TH AVENUE, Vancouver BC V6K 2A5. $1495 owners spent in average for the dwelling. Tenants are paying $1301 in this district close to MLS® R3031745 and it is Above Average comparing to other cities.

68.5% of Population in this district near the 2165 W 8TH AVENUE, Vancouver BC V6K 2A5 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 2165 W 8TH AVENUE, Vancouver BC V6K 2A5, Vancouver, BC is 17.9%, it is Above Average, % of English speakers only is 81.1% and Below Average. % of French speakers adjacent to 2165 W 8TH AVENUE, Vancouver BC V6K 2A5 only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 2165 W 8TH AVENUE, Vancouver BC V6K 2A5, Vancouver, BC is 0.9% and it is Average comparing to other BC cities.

39.7% of all population in the area around this property with the address 2165 W 8TH AVENUE, Vancouver BC V6K 2A5, Vancouver, BC using Public Transport which is High, 35.2% of using population are using Cars around MLS® R3031745, which is Low. 9.9% of people using Bicycles around the 2165 W 8TH AVENUE, Vancouver BC V6K 2A5 and it is High. 13.6% of population are walking which is High

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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 $2,775,000
Vancouver 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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