15.1% price reduction

3008 Clark Dr, Vancouver, BC

$1,698,000
Est. Mortgage /mo

MLS# R2955008

4 Beds
3 Baths
2330 sqft
729 $ /sqft
1955 built
$1,698,000
$1,999,900
Est. /mo with 20% down
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

Property Details & Specs

15.1% price reduction

Cash-flowing East Vancouver triplex with projected NOI of $88,000 and a strong 4.40% cap rate. Offered with vacant possession, all three fully upgraded units can be leased at market rents immediately. Includes two spacious 2-bed + flex suites and a studio with private entry, on a 4,396 SF RT-2 corner lot. Features include sprinklers, separate meters, dual furnaces, two hot water tanks, shared laundry, dry storage, and North Shore mountain views. Built in 1955 and modernized throughout, the property is ideal for investors or owner-occupiers seeking stable yield with future redevelopment upside in a high-demand, transit-connected rental corridor.

General Info

Price $1,698,000
Total Bedrooms 4
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2330
Lot Size 4396
Lot Size Depth Feet
Lot Size Frontage -
Basement 450
Basement Features Full, Partially Finished, Exterior Entry

Property Metrics

Year Built 1955
Age Of Building 71
Building Type Triplex
Property Type Residential Income
Stories 2
Structures Multi Family

Additional Details

MLS® # R2955008
Building Name -
Area Vancouver East
Neighbourhood Grandview Woodland
City Vancouver
Postal Code V5N 3J1
Price per Sqft -
Gross Taxes $3,027
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard, Forced Air

Utilities

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

Parking

Parking Type Additional Parking
Total Parking Spaces -
Strata Restrictions -
Rental Restrictions -
Zoning RT-2
Rental Suites Legal Suite,Unauthorized Suite
# of Kitchens 3
Foundation Concrete Perimeter
Locker -
View 1
View Description North Shore Mountains
Units In Development -
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Torch-On

Property Timeline

Status Date Price
R2955008 / Active 01-10-2025 $1,698,000
Rooms
Floor Type Dimensions
Main Level Living Room 14' x 14' ft
Main Level Dining Room 11' x 11' ft
Main Level Primary Bedroom 12' x 12' ft
Main Level Bedroom 13' x 13' ft
Main Level Kitchen 12' x 12' ft
Above Level Living Room 14' x 14' ft
Above Level Dining Room 11' x 11' ft
Above Level Primary Bedroom 12' x 12' ft
Below Bedroom 13' x 13' ft
Above Level Kitchen 12' x 12' ft
Basement Level Living Room 19' x 19' ft
Below Kitchen 10' x 10' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Above Level No #4
Basement No #4
Listed by: Multifamily Real Estate Services Corporation

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 & Transit Info

Public Schools

Elementary
Charles Dickens Annex
0.92 km
Elementary
Charles Dickens Elementary School
Average
0.49 km
5.2/10

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

Private Schools

Elementary
St.Joseph's School
Above Average
0.45 km
8/10
Elementary, Secondary
Stratford Hall School
Above Average
0.57 km
8.7/10

Closest Transit

Bus Stop
Southbound Clark Dr @ E 12 Ave
0.2 km
Skytrain
Skytrain @ Commercial-Broadway Stn
0.78 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average
40.6%
No Certificate/Degree
Average
12.6%
Owner Occupied
Average
61.5%
Employment Rate
Average
60%

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $252
Maintenance fee 0
Financing 80% of the $1,698,000 asking price over 30 years at 4% results in approximately $6,737/month in total estimated carrying costs, $252 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $6,814/month in rental income, leaving a -$99/month cashflow at current carrying costs. Investors targeting break-even would need roughly 22% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $1,698,000
Vancouver Loading...
Grandview Woodland Loading...
There are currently no active comparable Triplexs in Vancouver to benchmark against. Check back as new listings enter the market. This property is flagged as a Hot Deal (15.1% price reduction) based on its competitive pricing and market demand.
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

Property FAQs

What are the closest top-rated schools to 3008 Clark Drive, Vancouver, BC?
The closest top-rated schools are Charles Dickens Annex and Charles Dickens Elementary School.
Is 3008 Clark Drive, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 3008 Clark Drive, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $10,188.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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