5338 Chambers St, Vancouver, BC, MLS® R3024372

$8,888,000
Est. Mortgage /mo

$8,888,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
0 Beds
0 Baths
0 Stories
lot 16424 sqft
101 sqft
2025 built
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Photos
Map
Street view
Schools
Crime
Commute
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5338 Chambers St, Vancouver, BC | MLS® R3024372 Property Details

Exciting development opportunity in East Vancouver! Active Development Permit application at the DP stage to build 20 townhouse units consisting of 2 buildings with surface parking. The site is RM-7 zoned, offering 16,424 SQ FT of land with 158.45 FT frontage. Property currently has 4 tenanted homes.Centrally located in Vancouver’s thriving Norquay Village neighbourhood just steps from Kingsway and within walking distance to Norquay Park, Slocan Park, and the 29th Avenue SkyTrain Station quick connections to Downtown Vancouver and Metrotown. Enjoy easy access to shopping, restaurants, and daily amenities. Contact us for the full information package.

General Info

Price $8,888,000
Total Bedrooms 0
Total Bathrooms 0
Half Bathrooms 0
Floor Area Total (sqft) 101
Lot Size 16424.04
Lot Size Depth Feet
Lot Size Frontage 158.45
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2025
Age Of Building 0
Building Type Other
Property Type Residential Income
Architecture Style Other
Stories -
Building Features BuildingFeatures
Structures Multi Family

Additional Details

MLS # R3024372
Area Vancouver East
Neighbourhood Collingwood VE
City Vancouver
Gross Taxes $1
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Other

Utilities

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

Parking

Parking Type Other
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RM-7
Rental Suites -
# of Kitchens 0
Foundation Concrete Perimeter
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
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Listed by: RE/MAX City 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
Gladstone Secondary School
1.51 km
No Rating
Elementary
G. T. Cunningham Elementary School
Average
0.36 km
Rating 5.8/10

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

Private Schools

Elementary
Corpus Christi School
1.17 km
Rating 10/10
Secondary
Vancouver Formosa Academy
0.54 km
No Rating

Closest Transit

Translink
Southbound Clarendon St @ E 38 Ave
0.22 km

Welcome to 5338 Chambers Street, a stunning property located in the heart of Vancouver, BC. As a seasoned realtor, I'm excited to share with you the unique qualities of this home and its surroundings.

Education

This property is serviced by G.T. Cunningham Elementary School, a highly-rated institution with a 5.8/10 rating. The school is just a short 0.36 km away from your doorstep, making it an ideal choice for families. Additionally, Gladstone Secondary School is also nearby, with a rating of No Rating, offering a range of academic options for your children.

For those seeking a more private educational experience, Corpus Christi School, an independent elementary school with a 10/10 rating, is just 1.17 km away. If you're looking for a secondary independent school option, Vancouver Formosa Academy, with a No Rating, is conveniently located 0.54 km from your home.

Safety and Crime

The safety and security of our community is of utmost importance. According to Statistics Canada's 2020 report, the overall crime rate near 5338 Chambers Street, Vancouver, BC is 7,470.82, which is considered Average compared to other Canadian cities. The year-over-year change in the total crime rate is a notable -14.94%. When it comes to drug-related crimes, the area surrounding MLS® R3024372 is considered Average, with a rating of 229.49 and 1,604 incidents in 2020. The year-over-year change in the illegal substances offences ranking is a modest 1.58%. Property crimes in the area are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. The year-over-year change in the property misconduct rate is a significant -20.80%. Lastly, the violent crime rate is Below Average, with a rating of 1,311.69 and 9,168 incidents in 2020.

Demographics and Lifestyle

This charming neighborhood is home to a diverse community. According to the latest statistics, 22.5% of residents in the area surrounding 5338 Chambers Street, Vancouver, BC hold a university certificate or degree, which is Above Average compared to other BC neighborhoods. Conversely, 21.9% of the population in this area have no certificate or degree, which is also Above Average compared to the average in BC.

The median household income in the area is $65,067, which is Average compared to the British Columbia average. Meanwhile, the median personal income is $24,461, which is Low compared to the BC average. Interestingly, 44.7% of households in this area have a mortgage, which is Low.

Transportation and Commuting

Getting around Vancouver is a breeze, thanks to the proximity of public transportation options. The closest bus station is Southbound Clarendon St @ E 38 Ave, just 0.22 km away from this listing with MLS® R3024372.

Real Estate Context

This stunning home is nestled in the desirable Collingwood VE neighborhood, where the average dwelling value is $1,364,560, which is High compared to other areas in British Columbia. As an owner, you can expect to pay Above Average owner payments, with an average of $1,334 spent on the dwelling. Conversely, tenants in the area are paying Above Average rent, with an average of $1,143 per month.

Other Facts and Figures

A notable 43.2% of the population in this area are renters, which is Above Average compared to other BC cities and areas. When it comes to language proficiency, 82% of residents speak only English, which is Below Average. Meanwhile, 14.6% of the population speaks neither English nor French, which is High compared to other BC cities.

Lastly, the area surrounding 5338 Chambers Street, Vancouver, BC is well-connected, with 34.6% of residents using public transportation, which is High. Conversely, 61% of residents use cars, which is Low.

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $8,888,000
Vancouver No comparables
Collingwood VE 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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
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