$2,900,000

For saleJust listed

1505 West 62ND Avenue, Vancouver - Single Family for Sale

1505 West 62ND Avenue, Vancouver, British Columbia, V6P2E8

7 beds5 baths3 parking3,297 ft²5,543 sq ft (0.12 ac) lot sizeListed Yesterday

Overview

This 7-bedroom, 5-bathroom home in Vancouver is for sale offering roughly 3,297 sq ft of space. It has been on the market 1 day, fresher than the Vancouver average of 93 days.

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Description

FORECLOSURE OPPORTUNITY IN PRESTIGIOUS SOUTH GRANVILLE! This spacious 3-level custom-built home offers 7 bedrooms, 5 bathrooms, new appliances and a separate-entry basement suite with kitchen, ideal for rental income. Live in, rent out or hold for future redevelopment! Fantastic location steps to shopping, restaurants and transit, with easy access to Oakridge, Richmond and Downtown. McKechnie Elementary and Magee Secondary catchments, with prestigious private schools nearby. Exceptional investment and redevelopment potential on a prime 5,543 sq.ft. CORNER LOT with RM-8N zoning! Explore the potential for up to 7 townhomes, freehold rowhouses or multi-unit development, subject to City approval. A rare opportunity with exceptional upside! (id:66096)

Property Details

MLS®: R3180681
Property Type: Single Family
Bedrooms: 7
Bathrooms: 5
Parking: 3
Interior Size: 3,297 ft²
Lot Size: 5,543 sq ft (0.12 ac)
Frontage: 102 ft
Year Built: 2005
Style: 2 Level
Basement: Full, Unknown, Unknown
Heating: Heat Pump, Radiant heat, Natural gas
Garage: Garage
Ownership: Freehold
Property Tax: $16,045.1/yr
Listed: Yesterday

Features

Lot Features: Central location

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Vancouver listings, avg age

93d

Price / ft²

$880

List price

$2.90M

Haho

This 7-bed single family in Vancouver has been listed for 1 day, which is 92 days fresher than the city average of 93. Act while there is still low competition.

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Listed by eXp Realty · Dan Wurtele

Location

Approximate location — exact address confirmed upon showing

Nearby Places

$2,900,000· $880/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $580,000

Min 20%50%

Mortgage payment$12,368/mo

Property tax (est.)$1,337/mo

Total monthly$13,705

Cash Needed to Close

Down payment (20%)$580,000

Land transfer tax$65,000

Est. closing costs$11,200

Total cash needed$656,200

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