2414 E 5th Ave, Vancouver, BC | MLS® R2973190 Property Details

Attention Investors & Developers! Exceptional opportunity to acquire a prime corner lot in a highly sought-after location. Zoned RM-12N, with a potential 1.7 FSR, offering the possibility of developing a four-story mixed-use apartment or townhouse project (Buyer to verify with the City of Vancouver). Additionally, 2120 Nanaimo Street is also available for sale, presenting a rare possible land assembly opportunity with significant development potential. This property is being offered for the first time on the market and is sold "as-is, where-is." Don't miss this chance to secure a strategic investment in a growing neighborhood!

General Info

Price $2,100,000

Total Bedrooms 3

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 1967

Lot Size 3168

Lot Size Depth Feet

Lot Size Frontage 26.4

Basement Exterior Entry

Basement Features BasementFeatures

Property Metrics

Year Built 1945

Age Of Building 80

Building Type Single Family Residence

Property Type Residential

Architecture Style Rancher/Bungalow w/Bsmt.

Stories 2

Appliances Included Washer, Dryer, Refrigerator, Stove

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS # R2973190

Area Vancouver East

Neighbourhood Renfrew VE

City Vancouver

Gross Taxes $5,996.94

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Shopping Nearby

Heating & Cooling

Fireplace 2

Heating Type Forced Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Detached

Total Parking Spaces -

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Strata Restrictions -

Rental Restrictions -

Zoning RM-12N

Rental Suites Unauthorized Suite

# of Kitchens 2

Flooring Mixed

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Exterior Features Balcony

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Torch-On

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	15'5 x 15'5 ft
Main Level	Kitchen	10'6 x 10'6 ft
Main Level	Dining Room	15'5 x 15'5 ft
Main Level	Primary Bedroom	16' x 16' ft
Main Level	Bedroom	10'6 x 10'6 ft
Main Level	Bedroom	7'8 x 7'8 ft
Basement Level	Living Room	20'0 x 20'0 ft
Basement Level	Kitchen	12'2 x 12'2 ft
Basement Level	Office	10'11 x 10'11 ft
Basement Level	Laundry	11'4 x 11'4 ft
Basement Level	Other	6'1 x 6'1 ft

Listed by: Team 3000 Realty Ltd.

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

Chief Maquinna Elementary School

0.48 km

No Rating

Secondary

Vancouver Technical Secondary School

7.88 km

No Rating

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

Private Schools

Elementary

Westside Montessori Academy

1.09 km

No Rating

Elementary, Secondary

Stratford Hall School

1.31 km

Rating 8.7/10

Closest Transit

Translink

Southbound Nanaimo St @ E 5th Ave

0.04 km

Welcome to 2414 E 5th Avenue, a stunning property located in the heart of Vancouver, BC, with the listing MLS® R2973190. As we step into this vibrant community, let's explore the neighborhood's charm and highlights.

Schools:

Just a short stroll from 2414 E 5th Avenue, you'll find Chief Maquinna Elementary School, a highly-rated institution with a No Rating, located 0.48 km away. Families love this area because of the excellent educational opportunities. Additionally, Vancouver Technical Secondary School is within a 7.88 km radius, with a No Rating. For those seeking an independent school experience, Westside Montessori Academy is just 1.09 km away, with a No Rating. Stratford Hall School, a renowned independent secondary school, is nearby, with a 8.7/10 rating, located 1.31 km from this property.

Crime:

According to the latest Statistics Canada report from 2020, this neighborhood has an average crime rate of 7,470.82, with 52,217 disturbances. Compared to other Canadian cities, this rate is Average. The year-over-year change in the total crime rate is -14.94%, indicating a decline in crime. When it comes to specific types of crimes, the neighborhood has an Average drug crime rate, with a rating of 229.49 and 1,604 disturbances in 2020. The property crime rate is Above Average, with a rating of 5,020.27 and 35,089 disturbances in 2020. Violent crime rates are Below Average, with 1,311.69 incidents in 2020.

Transit:

The convenience of public transportation is just around the corner. The Southbound Nanaimo St @ E 5th Ave bus station is a mere 0.04 km away from this property, making it easy to get around the city.

Demographics:

Let's take a closer look at the demographics of this vibrant neighborhood. With 21.3% of the population holding a university certificate or degree, this area is Average compared to other BC neighborhoods. However, 22.1% of the population has no certificate or degree, which is Above Average compared to the average in BC. The median household income is $62,752, which is Below Average compared to the British Columbia average. The median personal income is $24,687, which is Low compared to the BC average. Additionally, 44.2% of households in this area have a mortgage, which is Low.

Lifestyle Amenities:

This neighborhood offers a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals nearby. With a population density of 6,186.8 people per square kilometer, this area is High compared to other cities.

Real Estate Context:

With an average dwelling value of $1,238,931, this neighborhood is High compared to other areas in British Columbia. Average owner payments are Above Average, with $1,426 spent on dwellings. Tenants are paying $1,030 on average, which is Average compared to other cities. 40.2% of the population in this district are renters, which is Above Average compared to other BC cities and areas.

Unemployment Rate:

The unemployment rate in this area is 5%, which is Low compared to other province neighborhoods.

Population Growth:

The population change between 2011 and 2016 was 0%, which is Average compared to the average growth rate of this region. Average family size in this area is 2.9, which is Average. 67.9% of families in this area have children, which is Above Average. 49.5% of the population are married or living common law, which is Below Average.

Average Age:

The average age of the population in this area is 43.5, which is Above Average compared to other BC cities.

Language:

5.2% of the population in this area speaks both English and French, which is Below Average. 80.7% of the population speaks only English, which is Below Average. 0.1% of the population speaks only French, which is Below Average. 14.1% of the population speaks neither English nor French, which is High compared to other BC cities.

Transportation:

32.5% of the population in this area use public transportation, which is High. 59.1% of the population use cars, which is Low. 3% of the population use bicycles, which is High. 4.3% of the population walk, which is Average.

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2414 E 5th Ave, Vancouver, BC, MLS® R2973190