855-861 E PENDER ST, Vancouver BC V6A 1V9, Vancouver, BC

$2,250,000
Est. Mortgage /mo

MLS® R2787307

Closed

$2,000,000
Closed at 15 Sep 2023
Listing price: $2,250,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
8 Beds
4 Baths
2 Stories
lot 3050 sqft
3662 sqft
1901 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

This Strathcona property is one-of-a-kind, boasting 4 units in 2 houses on a single lot. It presents a great investment opportunity, generating an impressive $120,000 in annual gross revenue and a net operating income exceeding $102,000. Excellent value, priced at a 4.5% Cap Rate. The property has undergone numerous upgrades, including metal roofs, extensive landscaping, complete renovations of 2 units with new kitchens and bathrooms, and newer gas fireplaces / heaters in all units. The tenants are exceptional and would prefer to stay. Each unit features 2 bedrooms or 2 bedrooms with a loft.

General Info

Price $2,250,000
Total Bedrooms 8
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 3662
Lot Size 3050
Lot Size Depth Feet
Lot Size Frontage 25
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1901
Age Of Building 122
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2787307
Area Vancouver East
Neighbourhood Strathcona
City Vancouver
Gross Taxes $4,584.73
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Electric, Natural Gas

Utilities

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

Parking

Parking Type None
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RT-3
Rental Suites -
Laundry In Unit, Common Area
# of Kitchens 4
Flooring Hardwood, Mixed, Softwood
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Sanitation
Roof Metal, Torch-On

Property History

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Status Date Price
Sold 09-15-2023 $2,250,000
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Listed by: TRG The Residential Group Realty & TRG The Residential Group 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
Britannia Community Secondary School
1.2 km
No Rating
Elementary
Lord Strathcona Community Elementary School
2.08 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 Francis of Assisi
1.54 km
Rating 8.9/10
Secondary
Columbia College
1.17 km
No Rating

Closest Transit

Translink
Eastbound E Hastings St @ Hawks Ave
0.11 km

855-861 E PENDER STREET, Vancouver BC V6A 1V9 is serviced by Lord Strathcona Community Elementary School. The property with listing MLS® R2787307 is located 2.08 km from the school. Lord Strathcona Community Elementary School has a rating of No Rating.

This home with address 855-861 E PENDER STREET, Vancouver BC V6A 1V9, Vancouver, BC is also serviced by Britannia Community Secondary School and located 1.2 km from it. Britannia Community Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 855-861 E PENDER STREET, Vancouver BC V6A 1V9 is St Francis of Assisi with School's rating Rating 8.9/10, located 1.54 km from this home.

The closest to this address 855-861 E PENDER STREET, Vancouver BC V6A 1V9 Secondary independent school is Columbia College with School's rating No Rating, located 1.17 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 - 855-861 E PENDER STREET, Vancouver BC V6A 1V9, 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® R2787307 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 855-861 E PENDER STREET, Vancouver BC V6A 1V9 are Above Average. Property misconduct rating adjacent to MLS® R2787307 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 Eastbound E Hastings St @ Hawks Ave in 0.11 km away from this listing with - MLS® R2787307.

27.9% of people with university certificate/degree live in this neighbourhood adjacent to the 855-861 E PENDER STREET, Vancouver BC V6A 1V9 which is Above Average in comparison with other BC neighbourhoods. 25.6% of population in this neighbourhood that is near the Listing MLS® R2787307 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 855-861 E PENDER STREET, Vancouver BC V6A 1V9, Vancouver, BC is $33920 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2787307 is $21061 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 65% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2787307 is 7.7 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 855-861 E PENDER STREET, Vancouver BC V6A 1V9 Strathcona where population change between 2011 and 2016 was -2.1%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 855-861 E PENDER STREET, Vancouver BC V6A 1V9, Vancouver, BC is 3062.9 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 855-861 E PENDER STREET, Vancouver BC V6A 1V9 is 2.7. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2787307 is 55.2% and it is Average. % of Married or living common law is around 39.4% and it is Low.

Average age of the population close to the 855-861 E PENDER STREET, Vancouver BC V6A 1V9 is 45.1 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 855-861 E PENDER STREET, Vancouver BC V6A 1V9, Vancouver, BC is $989979 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 855-861 E PENDER STREET, Vancouver BC V6A 1V9. $1720 owners spent in average for the dwelling. Tenants are paying $828 in this district close to MLS® R2787307 and it is Below Average comparing to other cities.

69.4% of Population in this district near the 855-861 E PENDER STREET, Vancouver BC V6A 1V9 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 855-861 E PENDER STREET, Vancouver BC V6A 1V9, Vancouver, BC is 11.1%, it is Above Average, % of English speakers only is 73.1% and Below Average. % of French speakers adjacent to 855-861 E PENDER STREET, Vancouver BC V6A 1V9 only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 855-861 E PENDER STREET, Vancouver BC V6A 1V9, Vancouver, BC is 15.6% and it is High comparing to other BC cities.

23% of all population in the area around this property with the address 855-861 E PENDER STREET, Vancouver BC V6A 1V9, Vancouver, BC using Public Transport which is Above Average, 38% of using population are using Cars around MLS® R2787307, which is Low. 18.3% of people using Bicycles around the 855-861 E PENDER STREET, Vancouver BC V6A 1V9 and it is High. 17.8% 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 $2,250,000
Vancouver No comparables
Strathcona 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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