2945 E Broadway, Vancouver

$ 4.000.000

1 Photos

Bedrooms: 5
Bathrooms: 5
Living area: 3094 square feet

MLS®: r2897276
Type: Residential
Added: 16 days ago

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 (id:1945)

Best Mortgage Rates

Property Information

Heating: Radiant heat, Hot Water
List AOR: Greater Vancouver
Tax Year: 2023
Basement: Finished, Separate entrance, Unknown
Year Built: 1996
Appliances: All
Living Area: 3094
Lot Features: Central location
Photos Count: 1
Lot Size Units: square feet
Parcel Number: 006-492-100
Parking Total: 4
Bedrooms Total: 5
Structure Type: House
Common Interest: Freehold
Fireplaces Total: 2
Parking Features: Other
Street Dir Prefix: East
Tax Annual Amount: 8282.74
Lot Size Dimensions: 5000
Architectural Style: 2 Level
Map Coordinate Verified YN: true

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Nearby Places

Name	Type	Address	Distance
Renfrew station	Renfrew is a SkyTrain station on the Millennium Li...		0.4 km
Sunrise Park	Sunrise Park has a community centre, a baseball fi...		0.7 km
Rupert station	The station is located on Rupert Street in Vancouv...		0.8 km
Nootka Elementary School	It is located at 3375 Nootka Street, near Renfrew ...		0.9 km
Boston Pizza	Bar	2850 Bentall St	1.0 km
Stunts Canada	Founded in 1970, it is the oldest and largest asso...		1.4 km
John Hendry Park	The park is often referred to, by the locals, as T...		1.6 km
Notre Dame Regional Secondary School	The school participates in sporting events under t...		1.6 km
The Bridge Studios	Its eight studios, ranging in size from 40,000 squ...		1.6 km
Filipino Plaza	Many ethnic communities created legacies on the li...		1.8 km
Nanaimo station	The station is accessible from the east side of Na...		1.8 km
Commercial–Broadway station	The station is one of only three in the world wher...		1.9 km

Similar Houses Stat in Vancouver

We have found 6 Houses that closely match the specifications of the property located at 2945 E Broadway with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 2,699,888 and 3,832,140, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V5M1Z2 postal code area of Vancouver British Columbia Canada.

2945 E Broadway mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 2945 E Broadway. The current price of the property is $4,000,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $3,200,000. This would result in a monthly mortgage payment of $18,705 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	30
Bachelor's degree	90
University / Below bachelor level	15
College	65
University degree at bachelor level or above	115

Neighbourhood Marital Status Stat

Married	240
Widowed	35
Divorced	25
Separated	15
Never married	200
Living common law	25
Married or living common law	265
Not married and not living common law	270

Neighbourhood Construction Date

1961 to 1980	60
1981 to 1990	35
1991 to 2000	35
2001 to 2005	15
2006 to 2010	10
1960 or before	55

Nearby Cities	Listings	Avg. price
North Vancouver	565	$1.722.083
New Westminster	302	$1.415.584
West Vancouver	367	$4.437.088
Port Moody	118	$1.580.684
Coquitlam	618	$1.723.355
Delta	295	$1.680.130
Burnaby	980	$1.295.074
Qualicum Beach	206	$1.011.834

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Surrey	3035	$1.618.214
Langley	1131	$1.899.188
Richmond	879	$1.583.635
Abbotsford	774	$1.357.125
Maple Ridge	757	$1.452.867
Nanaimo	860	$924.993
Chilliwack	676	$1.043.560
Saanich	309	$1.443.234