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+22 more

$1,599,000

1440 E KING EDWARD AVENUE

Vancouver BC V5N 2V4 - Knight

6 bd

2 ba

1,924 sqft

About This Property

Great opportunity for first-time home buyers or savvy investors. This fully renovated and furnished property offers strong cash flow potential, with both the main and upper floors capable of being rented separately. Estimated rental income of approximately $4,500/month or more makes it an excellent option to help support mortgage payments. Situated on a valuable lot with multi-family zoning potential, this property also presents a compelling future land assembly or redevelopment opportunity. Backing onto beautiful Kingcrest Park, the home enjoys a rare combination of privacy and urban convenience. Located directly across from Save-On-Foods, library, and public transitThe Seller is a licensed Real Estate Agent. Serious inquiries , Sat Sun (April 18&19) Open House 2:30-4PM

Features

Balcony

Detached

Lane Access

Rear Access

Room measurements10 rooms▸

Living RoomMain · 8'5 × 10'

KitchenMain · 11' × 12'

BedroomMain · 11' × 10'2

BedroomMain · 9'4 × 11'7

Living RoomAbove · 7'7 × 9'

KitchenAbove · 9'4 × 10'9

BedroomAbove · 12'8 × 14'

BedroomAbove · 8' × 11'

BedroomAbove · 8' × 9'4

Property Details

MLS NumberR3106014

Property TypeSingle Family Residence

Bedrooms6

Bathrooms2

Square Feet1,924

Lot Size1 sqft

Parking Spaces1

HeatingHot Water, Radiant

Days on Market133

StatusActive

Listed ByParallel 49 Realty

School Catchment

Elementary Selkirk

Secondary Gladstone

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.

$1,510,000Median home value

$92,000Median household income

61.4%Owner-occupied

17.3%Single-detached homes

2.9Avg household size

40.8Median age

33.3%Bachelor's degree or higher (25-64)

55.6%Commute under 30 min

62.8%Drive to work

47.6%Foreign-born residents

2,977Neighbourhood population

Age

Under 1513.9%
15 to 6469%
65 and over17.1%

Household size

1 person21.6%
227.9%
319.2%
417.3%
5 or more13.9%

Language spoken at home

38.5% English mother tongue

Cantonese23.2%
Tagalog7.6%
English + other6.2%
Vietnamese5.2%
Punjabi2.7%
Mandarin2.5%
All others14.1%

Mother tongue, share of 2,975 residents.

How this pocket differs

more 5+ person households than Knight 13.9% vs 11.3%
more Cantonese speakers than Knight 23.2% vs 16.6%
more Vietnamese speakers than Knight 5.2% vs 4.2%
Median dwelling value is higher than Metro Vancouver $1,510,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.