Vancouver House for sale: 8 bedroom 2,167 sq.ft. (Listed 2015-05-26)

Overview

2827 Clark Drive, Vancouver, BC

MLS®#: V1125025
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SOLD
  • Property Value$859,000
  • Sold on 2015-06-06
  • Property Address2827 Clark Drive, Vancouver, BC, V5N 3H7, Canada
  • TypeHouse
  • BasementFully Finished, Separate Entry
  • ParkingFree Street Parking
  • Year Built1912
  • Taxes$3,305 (2014)
  • Living Area2,167 sq.ft.
  • Lot Frontage31.50 ft
  • Lot Depth101 ft
  • Lot Size Area3,182 sq.ft.
  • Bedrooms8
  • Bathrooms2 full & 1 half

2827 Clark Drive, Vancouver, BC, V5N 3H7, Canada

Description

Excellent investment opportunity! This affordable 3 level East Van home on a 31.5x101 RT5 lot makes a great low maintenance holding property while generating solid income. Currently rented by the room to students, it is generating $48,900 in annual rent with low turnover and offers a 4.2% Cap Rate. Close to skytrain, B-Line and VCC, the property is always easily rented. This home also works for a family looking for 3 bedrooms on the top floor with rental income from the self contained 3 bedroom basement suite with sep laundry. 3 year old roof, all new wiring w/ 200 amp service, plumbing updates, West facing deck and yard make this one a great option. Showing by appt only.

PRIMARY: Awarded One of Canada's Top 40 elementary schools, Charles Dickens Elementary has progressive individualized learning models and a beautiful new school built with a LEED GOLD - designed for healthy, sustainable and efficient spaces.

SECONDARY: Known for their outstanding athletic achievements, Tupper high school just turned 50 this year.  Tupper currently has a student population of approximately one thousand. "We, the Tupper school community, are committed to motivating all individuals to embrace the learning process through a challenging and relevant educational experience in a supportive environment. In striving to help all students achieve their potential and become contributing and fulfilled members of our society, we will work as a team -- cooperatively, responsibly, and enthusiastically."

Amenities

Separate entry 3 bedroom basement suite with separate laundry.

Listing Provided By

RE/MAX Select Realty

Neighborhood Info

  • Stilhavn Real Estate Services
  • 36 East 5th Avenue
  • Vancouver, BC
  • V5N 1S5