3342 1st Avenue, Vancouver BC V5M 1B9

Vancouver East, Renfrew VE

4 bed

2 bath

1,440 sqft

Single Family Residence

Built in 1931

4,356 sqft lot

3 parking

1 fireplace

Freehold NonStrata

R1-1 zone

Public remarks

Once in a lifetime opportunity! One of the LOWEST priced lot over 4200+ sq ft in Vancouver, priced approx. ~$70K BELOW assessed value! Located in the desirable RENFREW area which boasts R1-1 zoning, allowing for duplex/multiplex. BONUS DUPLEX PLANS for BP submission, or explore MULTIPLEX up to 1.0 FSR - up to 4 units. Charming home w/ 2 bedrooms on main floor, a spacious layout, & a separate 2-bedroom basement suite. This home offers great versatility & income potential! Ample parking in the rear for min. 3 vehicles. Recent upgrades to basement include: a new coat of paint, kitchen cabinetry, vinyl flooring in main bathroom, and a new toilet. NO OIL TANK. Easy and convenient highway access to neighbouring cities.

Private remarks

MOTIVATED SELLER! Bring your offers! Seller has already spent close to $18k on PLANS READY for BP SUBMISSION. Entire home generates $3,620 in rental income ($1960/month upstairs and $1700/month in basement). Contains unauthorized accommodations. Month-to-month tenants. Mainly Lot Value. "NO OIL TANK" certificate and report available. Sold "As is Where is". Buyer to verify all information, if important. Min. 24 hours for showings.

Buyer agency compensation

3.225% on the 1st $100,000 / 1.1625% on the balance

Renfrew VE Neighbourhood

$1,538,800 ($1,068/sqft)

Active

Listed

02/04/2025

Expiry date

Original price

Gross taxes (2024)

$3,883.12

Property transfer tax

$28,776.00

Last Updated: 03/11/2025 12:01 PM

Courtesy of Skyline West Realty

3342 1st Avenue Details

Above Grade Finished Area: 720
Architectural Style: Basement Entry
Basement: Full, Finished
Bathrooms Full: 2
Bathrooms Half: 0
Bathrooms Total Integer: 2
Bedrooms Total: 4
Below Grade Finished Area: 720
Bridge Modification Timestamp: 2025-03-11T19:01:47.842Z
Building Area Total: 1440
Buyer Agency Compensation: 3.225% ON THE 1ST $100,000 / 1.1625% ON THE BALANCE
Carport Yn: true
City: Vancouver
Community Features: Shopping Nearby
Construction Materials: Frame Wood, Wood Siding
Country: CA
Covered Spaces: 1
Electric On Property Yn: true
Entry Location: Exterior Entry
Expiration Date: 2025-08-04
Exterior Features: Private Yard
Feed Types: IDX, VOW
Fencing: Fenced
Fireplace Features: Gas
Fireplace Yn: true
Fireplaces Total: 1
Flooring: Laminate
Foundation Details: Concrete Perimeter
Frontage Length: 33.5
Garage Yn: true
Heating: Forced Air
Heating Yn: true
Idx Participation Yn: true
Internet Address Display Yn: true
Internet Entire Listing Display Yn: true
Latitude: 49.269189
Levels: One
List Agent Key: cacc01eb8a63bcd548b1049f2a6feb4f
List Agent Key Numeric: 71488
List Agent MLS: V101129
List Aor: Greater Vancouver
List Office Key: e87b324501d1d33e039e9b684111ed4e
List Office Key Numeric: 4952
List Office MLS: V005703
List Price: 1538800
Listing Contract Date: 2025-02-04
Listing: R2963936
Listing Key: 0dfcbf9b7169e38ef2c90fd52ae4ac98
Listing Key Numeric: 262985563
Living Area: 1440
Longitude: -123.032458
Lot Features: Lane Access, Recreation Nearby
Lot Size Acres: 0.1
Lot Size Area: 4356
Lot Size Dimensions: 33.5 x
Lot Size Square Feet: 4356
Lot Size Units: Square Feet
Main Level Bathrooms: 1
MLS Area Major: Vancouver East
MLS Area Minor: Renfrew VE
MLS Status: Active
Modification Timestamp: 2025-03-11T18:47:29.600Z
Original Entry Timestamp: 2025-02-05T19:56:06.100Z
Original List Price: 1538800
Originating System Name: GVR – FVREB – CADREB – BCNREB – Resi
Ownership: Freehold NonStrata
Parcel Number: 012336921
Parking Features: Rear Access, Concrete
Parking Total: 3
Photos Change Timestamp: 2025-02-05T20:12:10.006Z
Photos Count: 19
Postal Code: V5M 1B9
Property Sub Type: Single Family Residence
Property Type: Residential
Roof: Asphalt
Room Bathroom2 Level: Basement
Room Bathroom Level: Main
Rooms Total: 10
Sewer: Public Sewer, Sanitary Sewer, Storm Sewer
Showing Contact Name: Darell Pinazo
Source System Key: 262985563
Standard Status: Active
State Or Province: BC
Status Change Timestamp: 2025-02-05T08:00:00.000Z
Stories: 1
Street Dir Prefix: E
Street Name: 1st
Street Number: 3342
Street Suffix: Avenue
Structure Type: Residential Detached
Tax Annual Amount: 3883.12
Tax Legal Description: LOT 8, BLOCK 89, PLAN VAP3672, DISTRICT LOT THSL, SECTION 29, NEW WESTMINSTER LAND DISTRICT
Tax Year: 2024
Unparsed Address: 3342 1st Avenue, Vancouver BC V5M 1B9
Utilities: Electricity Connected, Natural Gas Connected, Water Connected
View Yn: true
Water Source: Public
Year Built: 1931
Zoning: R1-1

3342 1st Avenue Assessment

3342 1st Avenue History

Address	MLS®	Changed	List date	Status	List price	Close price	List agent	List office
3342 1st Avenue	R2963936	03/11/2025 12:01 PM	02/04/2025	Active	$1,538,800	Login to view	Darell Pinazo	Skyline West Realty
3342 1st Avenue	R2911760	02/02/2025 02:20 AM	08/01/2024	Expired	$1,550,000	Login to view		Skyline West Realty
3342 1st Avenue	R2904586	08/02/2024 09:35 AM	07/10/2024	Terminated	$1,599,000	Login to view		Skyline West Realty
3342 1st Avenue	R2888017	07/10/2024 03:26 PM	05/27/2024	Terminated	$1,668,888	Login to view		Skyline West Realty
3342 1st Avenue	R2885249	05/28/2024 12:36 PM	05/21/2024	Terminated	$1,699,000	Login to view		Skyline West Realty