$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…

Features

Balcony
Detached
Lane Access
Rear Access
Room measurements10 rooms
Living RoomMain · 8'5 × 10'
KitchenMain · 11' × 12'
BedroomMain · 11' × 10'2
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 Market134
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 15: 13.9%15 to 64: 69%65 and over: 17.1%
  • 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.

Land & Development

Lot size3,220 sqft
Lot dimensions33 × 98 ft
Lot shapeRectangular
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 $8,026
Mortgage payment$7,237
Property tax$629
Home insurance$160
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 Aug 6

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