$2,835,000

3059 KINGS AVENUE

Vancouver BC V5R 4T3 - Collingwood VE
4 bd
2 ba
1,907 sqft
Built 1950

About This Property

Attention Developers & Investors! This prime property features Rl-1 zoning, permitting development of up to 12 storeys. Ideally located on a quiet street, just steps from Slocan Park and the 29th Avenue SkyTrain Station, and situated within the Transit-Oriented Areas (TOA) Plan. Enjoy convenient access to Kingsway shops, Metrotown, and Downtown Vancouver .…

Features

Carport Single
Rear Access
Room measurements12 rooms▸
Living RoomMain · 10'0 × 16'0
Dining RoomMain · 6'0 × 12'0
KitchenMain · 7'0 × 12'0
Primary BedroomMain · 9'0 × 14'0
BedroomMain · 9'0 × 13'0
StorageMain · 7'0 × 14'0
Living RoomBsmt · 12'0 × 22'0
KitchenBsmt · 10'0 × 12'0
Eating AreaBsmt · 6'0 × 12'0
BedroomBsmt · 9'0 × 12'0
BedroomBsmt · 9'0 × 12'0
LaundryBsmt · 6'0 × 6'0

Property Details

MLS NumberR3110407
Property TypeSingle Family Residence
Bedrooms4
Bathrooms2
Square Feet1,907
Lot Size3,692.7 sqft
Year Built1950
Parking Spaces1
HeatingNatural Gas
Days on Market197
StatusActive
Listed ByDracco Pacific Realty

School Catchment

Elementary Norquay
Secondary Windermere

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,200,000Median home value
$84,000Median household income
63.6%Owner-occupied
19.9%Single-detached homes
2.8Avg household size
40Median age
34.6%Bachelor's degree or higher (25-64)
50.7%Commute under 30 min
54.9%Drive to work
54.6%Foreign-born residents
7,340Neighbourhood population

Age

Under 15: 11.4%15 to 64: 72.6%65 and over: 16%
  • Under 1511.4%
  • 15 to 6472.6%
  • 65 and over16%

Household size

  • 1 person24%
  • 230.1%
  • 318.5%
  • 414.2%
  • 5 or more13.1%

Language spoken at home

33.7% English mother tongue

  • Cantonese16.3%
  • Tagalog11.3%
  • English + other6.3%
  • Mandarin4.4%
  • Vietnamese4.3%
  • Punjabi3.3%
  • All others20.4%

Mother tongue, share of 7,320 residents.

How this pocket differs

  • more 5+ person households than Collingwood VE 13.1% vs 9.4%
  • more Punjabi speakers than Collingwood VE 3.3% vs 2.3%
  • fewer Mandarin speakers than Collingwood VE 4.4% vs 6.2%
  • more Tagalog speakers than Collingwood VE 11.3% vs 8.6%
  • fewer Cantonese speakers than Collingwood VE 16.3% vs 20.5%

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

Land & Development

Lot size3,643 sqft
Lot dimensions33 × 111 ft
Lot shapeRectangular
Transit-oriented potential (Bill 47 / TOA)
Transit areaTier 2within 400 m of a station
Max density4 FAR
Max height12 storeys
Est. buildable~14,524 sqft
Nearest station29th Avenue Station350 m away

Within a provincially designated Transit-Oriented Area, this lot may support up to 4 FAR / 12 storeys regardless of base zoning. Provincial minimums and approximate — municipal rezoning, servicing and parking standards still apply.

Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.

Monthly Cost Calculator

Estimated monthly cost $14,256
Mortgage payment$13,346
Property tax$625
Home insurance$285
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Oct 21

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