3408 W 40th Ave, Vancouver, BC, MLS® R2892966

$2,688,000
Est. Mortgage /mo

Closed

$2,550,000
Closed at 15 Oct 2024
Listing price: $2,688,000
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
2 Baths
2 Stories
lot 5075 sqft
2248 sqft
1924 built
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Map
Street view
Schools
Crime
Commute
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3408 W 40th Ave, Vancouver, BC | MLS® R2892966 Property Details

Exceptional investment/self use property in Dunbar. North/South exposure, 50' wide Frontage, & future rear laneway already approved by the city. This lot offers endless development opportunities: potential multi storey development, townhomes, multiplex, or your future dream home. The current home has been meticulously maintained. Bright main lvl w/ 3 beds & 1 bath. Lower lvl featuring an in-law suite w/ separate entrance, 2 bedrooms, a workshop, full bathroom and a recently installed kitchenette. A theft proof bike storage room offers peace of mind. large 2k gallon outdoor fish pond w/ waterfall creates a serene environment through the seasons. Must be seen in person! Walking dis to top schools, supermarkets, bus stops, and 10 MIN TO UBC.

General Info

Price $2,688,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2248
Lot Size 5075
Lot Size Depth Feet
Lot Size Frontage 50
Basement Partially Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1924
Age Of Building 100
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® # R2892966
Area Vancouver West
Neighbourhood Dunbar
City Vancouver
Gross Taxes $10,105.6
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air

Utilities

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

Parking

Parking Type Carport Single, Front Access
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning R1-1
Rental Suites Unauthorized Suite
# of Kitchens 1
Flooring Hardwood, Tile, Carpet
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Dracco Pacific Realty & Dracco Pacific 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
Kerrisdale Elementary School
Above Average
0.43 km
7.6/10
Secondary
Point Grey Secondary School
2.01 km

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

Private Schools

Elementary, Secondary
Crofton House
0.24 km
Elementary, Secondary
Crofton House
0.24 km

Closest Transit

Bus Stop
Westbound W 41 Ave @ Blenheim St
0.1 km
Skytrain
Skytrain @ Yvr-Airport Stn
4.58 km

Noise/ Power Lines

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

Other

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

3408 W 40th Avenue is serviced by Kerrisdale Elementary School. The property with listing MLS® R2892966 is located 0.43 km from the school. Kerrisdale Elementary School has a rating of Rating 7.6/10.

This home with address 3408 W 40th Avenue, Vancouver, BC is also serviced by Point Grey Secondary School and located 2.01 km from it. Point Grey Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 3408 W 40th Avenue is Crofton House with School's rating No Rating, located 0.24 km from this home.

The closest to this address 3408 W 40th Avenue Secondary independent school is Crofton House with School's rating No Rating, located 0.24 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 - 3408 W 40th Avenue, 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® R2892966 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 3408 W 40th Avenue are Above Average. Property misconduct rating adjacent to MLS® R2892966 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 41 Ave @ Blenheim St in 0.1 km away from this listing with - MLS® R2892966.

56% of people with university certificate/degree live in this neighbourhood adjacent to the 3408 W 40th Avenue which is High in comparison with other BC neighbourhoods. 8% of population in this neighbourhood that is near the Listing MLS® R2892966 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 3408 W 40th Avenue, Vancouver, BC is $116395 which is High in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2892966 is $42317 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 40.4% which is Low.

Unemployment rate in the area around Real Estate Listing # R2892966 is 6.6 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 3408 W 40th Avenue Dunbar where population change between 2011 and 2016 was -2.8%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 3408 W 40th Avenue, Vancouver, BC is 3399.5 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 3408 W 40th Avenue is 3.1. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2892966 is 68.8% and it is Above Average. % of Married or living common law is around 62.7% and it is Above Average.

Average age of the population close to the 3408 W 40th Avenue is 40.8 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 3408 W 40th Avenue, Vancouver, BC is $3294287 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 3408 W 40th Avenue. $2457 owners spent in average for the dwelling. Tenants are paying $1822 in this district close to MLS® R2892966 and it is High comparing to other cities.

18.4% of Population in this district near the 3408 W 40th Avenue are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 3408 W 40th Avenue, Vancouver, BC is 13.1%, it is Above Average, % of English speakers only is 81.2% and Below Average. % of Neither English nor French speakers close to home for sale 3408 W 40th Avenue, Vancouver, BC is 5.7% and it is High comparing to other BC cities.

18.3% of all population in the area around this property with the address 3408 W 40th Avenue, Vancouver, BC using Public Transport which is Above Average, 69.3% of using population are using Cars around MLS® R2892966, which is Below Average. 6% of people using Bicycles around the 3408 W 40th Avenue and it is High. 4% of population are walking which is Average

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 $2,688,000
Vancouver $2,417,877
Dunbar $3,599,900
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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