2945 E Brdway, Vancouver, BC, MLS® R2897276

$4,000,000
Est. Mortgage /mo

$4,000,000
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
5 Beds
5 Baths
2 Stories
lot 5000 sqft
3094 sqft
1996 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

2945 E Brdway, Vancouver, BC | MLS® R2897276 Property Details

Welcome to an exceptional opportunity on East Broadway in Vancouver, where the potential for a lucrative land assembly awaits. This prime property offers a strategic location boasting proximity to transit hubs, diverse shopping options, reputable schools, and abundant growth potential. Situated in a highly desirable area, the site is perfectly positioned for development into a minimum 12-story building with a floor area ratio (FAR) of 4.0, presenting an ideal canvas for visionary investors and developers. With its favorable zoning and strategic placement in a thriving neighborhood, this property promises not only immediate value but also long-term appreciation in Vancouver's dynamic real estate market. Don't miss out on this rare chance to capitalize on East Broadway's burgeoning potential

General Info

Price $4,000,000
Total Bedrooms 5
Total Bathrooms 5
Half Bathrooms 0
Floor Area Total (sqft) 3094
Lot Size 5000
Lot Size Depth Feet
Lot Size Frontage 33
Basement Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1996
Age Of Building 29
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2897276
Area Vancouver East
Neighbourhood Renfrew VE
City Vancouver
Gross Taxes $8,282.74
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 2
Heating Type Hot Water, Radiant

Utilities

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

Parking

Parking Type Other, Rear Access
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning RS-1
Rental Suites Legal Suite
# of Kitchens 2
Flooring Laminate, Wall/Wall/Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Sanitary Sewer, Storm Sewer
Roof Concrete

Property History

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Status Date Price
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Listed by: eXp Realty & eXp Realty & eXp 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

Elementary
Chief Maquinna Elementary School
0.86 km
Secondary
Vancouver Technical Secondary School
8.83 km

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

Private Schools

Elementary
St.Jude's School
0.62 km
Secondary
Notre Dame Regional Secondary School
1.56 km

Closest Transit

Translink
Eastbound E Broadway @ Renfrew St
0.06 km
Skytrain
Skytrain @ Renfrew Stn
0.42 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Possible
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to the vibrant neighborhood of Renfrew VE, where you'll find the stunning property located at 2945 E Broadway, Vancouver, BC, proudly presented with MLS listing number R2897276. As we take a stroll through this charming community, let's start by exploring the excellent educational options available to families.

Just down the road from your new home, you'll find Chief Maquinna Elementary School, a fantastic institution that has earned a rating of No Rating. What this means is that families love this area because it offers a strong foundation for young minds, with a diverse curriculum and caring staff. This school is conveniently located just 0.86 km from your doorstep, making it an ideal choice for families with children.

If you're looking for a secondary school option, Vancouver Technical Secondary School is another excellent choice, located a short 8.83 km from your home. While it may not be as close as Chief Maquinna, it's still a great option for students, with a rating of No Rating. For those looking for an independent school option, St. Jude's School is a highly-rated choice, boasting a 10/10 rating and located a mere 0.62 km from your home. Notre Dame Regional Secondary School is another option, with a No Rating and located 1.56 km from your doorstep.

Now, let's talk about the safety and security of the neighborhood. According to the latest crime data from Statistics Canada (2020), this area has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. To put this into perspective, it means that the community is generally safe, with a low risk of encountering crime. In fact, the year-over-year change in the total crime rate is -14.94%, indicating a decrease in crime over time.

If you're concerned about specific types of crime, rest assured that the area around 2945 E Broadway, Vancouver, BC (MLS listing R2897276) has an Average drug crime rate, with a rating of 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020, and the year-over-year change in the illegal substances offenses ranking is 1.58%.

In terms of property crimes, the neighborhood has an Above Average rating, with a property misconduct rating of 5,020.27. There were 35,089 property misconduct incidents in the neighborhood in 2020, and the year-over-year change in the property misconduct rate is -20.80%.

On a more positive note, the area has a Below Average violent crime rate, with a rating of 1,311.69. There were 9,168 violent lawbreaking disorders in 2020, and the year-over-year change in the violent crime rate is 3.53%.

Now that we've covered safety and security, let's talk about the community's demographics. According to the latest data, 18.2% of people with a university certificate or degree live in this neighborhood, which is Average compared to other BC neighborhoods. On the other hand, 29.8% of the population has no certificate or degree, which is High compared to the average in BC.

In terms of income, the median household income near this dwelling is $53,595, which is Below Average compared to the British Columbia average. The median personal income is $22,194, which is Low compared to the BC average. Additionally, 44.1% of households in this census subdivision have a mortgage, which is Low compared to other areas.

Unemployment rate in the area is 7.2%, which is Average compared to other province neighborhoods.

The population change between 2011 and 2016 was 2.6%, which is Above Average in comparison to average growth rate of this region.

Population density per square kilometer is 4,848.1, which is High people per sq.km.

Average size of families in the area is 2.9, which is Average number in comparison to the whole region. Percent of families with children is 69.6%, which is High. % of Married or living common law is around 48.3%, which is Low.

Average age of the population close to the 2945 E Broadway is 43, which is Above Average in comparison to other BC cities.

Average value of dwellings in this neighborhood is $1,357,318, which is High comparing to other areas in British Columbia.

Average owner payments are Above Average in the area adjacent to 2945 E Broadway. Owners spend an average of $1,371 for the dwelling. Tenants are paying $1,043 in this district close to MLS listing R2897276, which is Average comparing to other cities.

50.1% of Population in this district near the 2945 E Broadway are renters, which is High comparing to

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 $4,000,000
Vancouver $3,358,444
Renfrew 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
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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