351 E 40TH AVE, Vancouver BC V5W 1M1, Vancouver, BC

$3,128,000
Est. Mortgage /mo

MLS® R2847658

Closed

$3,110,000
$3,288,000
Closed at 08 May 2024
Listing price: $3,128,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
7 Beds
6 Baths
2 Stories
lot 4158 sqft
3163 sqft
1952 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

This WONDERFUL home was completely rebuilt 18 years ago & laneway added 7 years ago. The functional layout is great for those needing extra income, room for extended family or a work-from-home space. The main house has 3 bedroom 3 bath + office + lrge laundry + legal 2bedroom/1bth/suite. It features BAMBOO flooring throughout, updated SS appliances, extra sound insulation between floors & den, TONS OF STORAGE/built-ins, HW on demand, and a LRG sundeck for summer entertaining. The 2bdrm/1.5bth LANEWAY is cute, bright, w/in-floor radiant heating and its own HW on demand system. Nestled amongst an AMAZING COMMUNITY and neighbours, it's a few steps from the best of Vancouver=Schools, restaurants, cafes, shops.

General Info

Price $3,128,000
Total Bedrooms 7
Total Bathrooms 5
Half Bathrooms 1
Floor Area Total (sqft) 3163
Lot Size 4158
Lot Size Depth Feet
Lot Size Frontage 33
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1952
Age Of Building 72
Building Type Single Family Residence
Property Type Residential
Architecture Style Laneway House
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Cooktop, Microwave
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2847658
Area Vancouver East
Neighbourhood Main
City Vancouver
Gross Taxes $8,320.06
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included 1

Heating & Cooling

Fireplace -
Heating Type Electric, Radiant

Utilities

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

Parking

Parking Type Garage Single, Open, Rear Access, Garage Door Opener
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning RS-1
Rental Suites Legal Suite
# of Kitchens 3
Flooring Hardwood, Laminate, Tile
Foundation Concrete Perimeter
Interior Features Pantry
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 05-08-2024 $3,128,000
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Listed by: Rennie & Associates 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

Secondary
John Oliver Secondary School
0.41 km
No Rating
Elementary
Sir Wm Van Horne Elementary School
Average
0.66 km
Rating 6.2/10

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. Andrew's
0.85 km
No Rating
Secondary
King David High School
1.82 km
No Rating

Closest Transit

Translink
Westbound E 41 Ave @ Prince Edward St
0.18 km

351 E 40TH AVENUE, Vancouver BC V5W 1M1 is serviced by Sir Wm Van Horne Elementary School. The property with listing MLS® R2847658 is located 0.66 km from the school. Sir Wm Van Horne Elementary School has a rating of Rating 6.2/10.

This home with address 351 E 40TH AVENUE, Vancouver BC V5W 1M1, Vancouver, BC is also serviced by John Oliver Secondary School and located 0.41 km from it. John Oliver Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 351 E 40TH AVENUE, Vancouver BC V5W 1M1 is St. Andrew's with School's rating No Rating, located 0.85 km from this home.

The closest to this address 351 E 40TH AVENUE, Vancouver BC V5W 1M1 Secondary independent school is King David High School with School's rating No Rating, located 1.82 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 - 351 E 40TH AVENUE, Vancouver BC V5W 1M1, 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® R2847658 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 351 E 40TH AVENUE, Vancouver BC V5W 1M1 are Above Average. Property misconduct rating adjacent to MLS® R2847658 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 E 41 Ave @ Prince Edward St in 0.18 km away from this listing with - MLS® R2847658.

40.7% of people with university certificate/degree live in this neighbourhood adjacent to the 351 E 40TH AVENUE, Vancouver BC V5W 1M1 which is High in comparison with other BC neighbourhoods. 12.6% of population in this neighbourhood that is near the Listing MLS® R2847658 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 351 E 40TH AVENUE, Vancouver BC V5W 1M1, Vancouver, BC is $70617 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2847658 is $33227 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 42.8% which is Low.

Unemployment rate in the area around Real Estate Listing # R2847658 is 4.9 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 351 E 40TH AVENUE, Vancouver BC V5W 1M1 Main where population change between 2011 and 2016 was 0.7%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 351 E 40TH AVENUE, Vancouver BC V5W 1M1, Vancouver, BC is 2643.9 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 351 E 40TH AVENUE, Vancouver BC V5W 1M1 is 2.8. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2847658 is 62.4% and it is Above Average. % of Married or living common law is around 54% and it is Below Average.

Average age of the population close to the 351 E 40TH AVENUE, Vancouver BC V5W 1M1 is 44.9 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 351 E 40TH AVENUE, Vancouver BC V5W 1M1, Vancouver, BC is $1806306 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 351 E 40TH AVENUE, Vancouver BC V5W 1M1. $1661 owners spent in average for the dwelling. Tenants are paying $1253 in this district close to MLS® R2847658 and it is Above Average comparing to other cities.

38.4% of Population in this district near the 351 E 40TH AVENUE, Vancouver BC V5W 1M1 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 351 E 40TH AVENUE, Vancouver BC V5W 1M1, Vancouver, BC is 9%, it is Average, % of English speakers only is 83.9% and Below Average. % of French speakers adjacent to 351 E 40TH AVENUE, Vancouver BC V5W 1M1 only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 351 E 40TH AVENUE, Vancouver BC V5W 1M1, Vancouver, BC is 7.1% and it is High comparing to other BC cities.

30.7% of all population in the area around this property with the address 351 E 40TH AVENUE, Vancouver BC V5W 1M1, Vancouver, BC using Public Transport which is High, 59.7% of using population are using Cars around MLS® R2847658, which is Low. 5.7% of people using Bicycles around the 351 E 40TH AVENUE, Vancouver BC V5W 1M1 and it is High. 2.5% of population are walking which is Below 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 $3,128,000
Vancouver $2,558,333
Main 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
Call or Text Now!
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