2892 W 24TH AVE, Vancouver BC V6L 1R4, Vancouver, BC

$2,550,000
Est. Mortgage /mo

MLS® R2878425

Closed

$2,455,000
Closed at 06 Aug 2024
Listing price: $2,550,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
3 Beds
2 Baths
2 Stories
lot 4031 sqft
1677 sqft
1942 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Circa 1942 Bungalow on a 33' x 122.16' flat treeless lot ideal for redevelopment in prime Arbutus neighbourhood location. House is well kept and very rentable. Main has large living, dining and kitchen with 2 bedrooms and a 4 piece bath. Basement has a family room, 3rd bedroom plus a 2nd bathroom and a large unfinished storage area. Mountain views from main floor, Sunny South exposed backyard. This is a great opportunity to build your dream home or redevelop the property into multifamily under the new zoning regulations.

General Info

Price $2,550,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1677
Lot Size 4031.28
Lot Size Depth Feet
Lot Size Frontage 33
Basement Full, Partially Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1942
Age Of Building 82
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2878425
Area Vancouver West
Neighbourhood Arbutus
City Vancouver
Gross Taxes $8,661.68
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Carport Single, Rear Access
Total Parking Spaces 1

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Strata Restrictions -
Rental Restrictions -
Zoning R1-1
Rental Suites None
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View 1
View Description Mountain
Units In Development -
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 08-06-2024 $2,550,000
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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
Trafalgar Elementary School
Average
0.42 km
Rating 6.7/10
Secondary
Prince of Wales Secondary School
1.07 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
Immaculate Conception School
1.35 km
Rating 8.8/10
Elementary, Secondary
Fraser Academy
1.62 km
No Rating

Closest Transit

Translink
Westbound W King Edward Ave @ Puget Dr
0.14 km

2892 W 24TH AVENUE, Vancouver BC V6L 1R4 is serviced by Trafalgar Elementary School. The property with listing MLS® R2878425 is located 0.42 km from the school. Trafalgar Elementary School has a rating of Rating 6.7/10.

This home with address 2892 W 24TH AVENUE, Vancouver BC V6L 1R4, Vancouver, BC is also serviced by Prince of Wales Secondary School and located 1.07 km from it. Prince of Wales Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 2892 W 24TH AVENUE, Vancouver BC V6L 1R4 is Immaculate Conception School with School's rating Rating 8.8/10, located 1.35 km from this home.

The closest to this address 2892 W 24TH AVENUE, Vancouver BC V6L 1R4 Secondary independent school is Fraser Academy with School's rating No Rating, located 1.62 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 - 2892 W 24TH AVENUE, Vancouver BC V6L 1R4, 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® R2878425 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 2892 W 24TH AVENUE, Vancouver BC V6L 1R4 are Above Average. Property misconduct rating adjacent to MLS® R2878425 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 King Edward Ave @ Puget Dr in 0.14 km away from this listing with - MLS® R2878425.

47.2% of people with university certificate/degree live in this neighbourhood adjacent to the 2892 W 24TH AVENUE, Vancouver BC V6L 1R4 which is High in comparison with other BC neighbourhoods. 10.2% of population in this neighbourhood that is near the Listing MLS® R2878425 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 2892 W 24TH AVENUE, Vancouver BC V6L 1R4, Vancouver, BC is $82432 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2878425 is $33554 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 44.5% which is Low.

Unemployment rate in the area around Real Estate Listing # R2878425 is 6 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 2892 W 24TH AVENUE, Vancouver BC V6L 1R4 where population change between 2011 and 2016 was -4.8%. This is Low in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 2892 W 24TH AVENUE, Vancouver BC V6L 1R4, Vancouver, BC is 3712.1 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 2892 W 24TH AVENUE, Vancouver BC V6L 1R4 is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2878425 is 69.5% and it is High. % of Married or living common law is around 57.5% and it is Average.

Average age of the population close to the 2892 W 24TH AVENUE, Vancouver BC V6L 1R4 is 42.4 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 2892 W 24TH AVENUE, Vancouver BC V6L 1R4, Vancouver, BC is $3064263 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 2892 W 24TH AVENUE, Vancouver BC V6L 1R4. $2459 owners spent in average for the dwelling. Tenants are paying $1558 in this district close to MLS® R2878425 and it is High comparing to other cities.

27.5% of Population in this district near the 2892 W 24TH AVENUE, Vancouver BC V6L 1R4 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 2892 W 24TH AVENUE, Vancouver BC V6L 1R4, Vancouver, BC is 11%, it is Above Average, % of English speakers only is 81.9% and Below Average. % of Neither English nor French speakers close to home for sale 2892 W 24TH AVENUE, Vancouver BC V6L 1R4, Vancouver, BC is 7.2% and it is High comparing to other BC cities.

22.7% of all population in the area around this property with the address 2892 W 24TH AVENUE, Vancouver BC V6L 1R4, Vancouver, BC using Public Transport which is Above Average, 65.1% of using population are using Cars around MLS® R2878425, which is Low. 5.4% of people using Bicycles around the 2892 W 24TH AVENUE, Vancouver BC V6L 1R4 and it is High. 4.5% of population are walking which is 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 $2,550,000
Vancouver $1,851,236
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
Call or Text Now!
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