14.5% price reduction

3594 W King Edward Ave, Vancouver, BC

$4,700,000
Est. Mortgage /mo

MLS# R2892658

5 Beds
3 Baths
3033 sqft
1550 $ /sqft
1925 built
$4,700,000
$5,500,000
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

14.5% price reduction

Potential 19,537 SF Land Assembly in the heart of Dunbar. Located on the Southeast corner of Dunbar Street and the tree lined West King Edward Avenue. Currently zoned R1-1 with the options to develop townhomes & seniors residence. Higher density rental and commercial property re-zoning is possible. Potential to re-zone to RR-3B Residential Rental / Retail Ground Floor, 3.0 FSR, Up to 6 stories with 130 Feet of commercial frontage on Dunbar Street. Beautiful City, Ocean and Mountain views from the upper floors of a new development. A great neighbourhood to call home. Just steps to Stong’s Market, Shopper and London Drugs, public transportation, schools and parks. Buyers must contact the City of Vancouver to verify all matters regarding land assembly development.

General Info

Price $4,700,000
Total Bedrooms 5
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 3033
Lot Size 6512.5
Lot Size Depth Feet
Lot Size Frontage 50
Basement 1049
Basement Features Full

Property Metrics

Year Built 1925
Age Of Building 101
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Refrigerator, Stove
Structures Residential Detached

Additional Details

MLS® # R2892658
Building Name -
Area Vancouver West
Neighbourhood Dunbar
City Vancouver
Postal Code V6S 1M6
Price per Sqft -
Gross Taxes $10,911
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace -
Heating Type Natural Gas

Utilities

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

Parking

Parking Type Garage Single, Lane Access, Rear Access
Total Parking Spaces -
Strata Restrictions -
Rental Restrictions -
Zoning RS-5
Rental Suites Unauthorized Suite
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Other

Property Timeline

Status Date Price
R2892658 / Active 06-10-2024 $4,700,000
Rooms
Floor Type Dimensions
Main Level Living Room 1'0 x 1'0 ft
Main Level Dining Room 1'0 x 1'0 ft
Main Level Kitchen 1'0 x 1'0 ft
Above Level Bedroom 1'0 x 1'0 ft
Above Level Bedroom 1'0 x 1'0 ft
Basement Level Bedroom 1'0 x 1'0 ft
Basement Level Bedroom 1'0 x 1'0 ft
Basement Level Bedroom 1'0 x 1'0 ft
Bathrooms
Floor Ensuite Pieces
Above Level No #4
Basement No #4
Main Level No #4
Listed by: Heller Murch 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 & Transit Info

Public Schools

Elementary
Lord Kitchener Elementary School
Average
0.27 km
6.9/10
Secondary
Lord Byng Secondary School
1.11 km

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

Private Schools

Elementary
Immaculate Conception School
Above Average
0.33 km
8.8/10
Elementary, Secondary
St George's School
Above Average
1.06 km
10/10

Closest Transit

Bus Stop
Southbound Dunbar St @ W King Edward Ave
0.02 km
Skytrain
Skytrain @ King Edward Stn
5.06 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
52.6%
No Certificate/Degree
Below Average
10.2%
Owner Occupied
Below Average
47.2%
Employment Rate
Above Average
70.1%

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 $909
Maintenance fee 0
A 20% down payment of $940,000 on this $4,700,000 listing yields an estimated mortgage of $17,951/month (30-year fixed, 4%). Total estimated housing cost: $18,860/month, $909 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%
With $10,810/month in estimated rental income against $19,173/month in mortgage payments, the monthly cashflow is -$8,363/month. A 58% down payment would reach break-even.
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 $4,700,000
Vancouver Loading...
Dunbar Loading...
This $4,700,000 listing sits 42.4% above the Dunbar average of $3,299,667 for similar 5-bedroom Single Family Residences (2 active comparables). This property is flagged as a Hot Deal (14.5% 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 3594 W King Edward Avenue, Vancouver, BC?
The closest top-rated schools are Lord Kitchener Elementary School and Lord Byng Secondary School.
Is 3594 W King Edward Avenue, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 3594 W King Edward Avenue, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $28,200.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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