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New buildInvestment signal

$1,988,888

2307 E 3RD AVENUE

Save this home

Beds

3

Baths

4

Sqft

Year

2025

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Vancouver. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Experience elevated living in this brand-new front duplex nestled in the heart of Grandview-Woodland. Built by Encore Collection w/a focus on quality & comfort, this 3-bedroom, 3.5-bathroom home offers 1,710 SQFT of thoughtfully crafted space. The open-concept main floor seamlessly connects to the outdoors through accordion-style doors that lead to a private patio-ideal for entertaining or everyday enjoyment. Premium features include high-end Fisher & Paykel appliances, built-in speakers, air conditioning, & modern designer finishes throughout. Live just moments from the vibrant energy of Commercial Drive, the convenience of transit, parks & shopping. School Catchment: Lord Nelson Elementary & Vancouver Technical Secondary. (id:65958)

Subtype
Single Family
Structure
Duplex
Common interest
Condo/Strata
Living area
1,710 square feet
Lot size
3,990 square feet
Lot dimensions
3990
Parking
1 total
Condo/HOA fee
$0 monthly
On market
Apr 9, 2026
Status changed
Apr 28, 2026
Annual tax
$1 (2025)
Photos
32
MLS#
R3109050
Area
VANCOUVER

Features and systems

Parking

Garage

Appliances

All

Heating

Heat Pump

Lot

Central location

Security

Security systemSprinkler System-Fire
Negative cash flow ~$2,087/mo at these assumptions

Cash on cash

-6.30%

Cap rate

3.60%

GRM

16.7

Break-even rent

$12,147

Financing

Down payment$397,778
Loan amount$1,591,110
Mortgage$8,062/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$912
Insurance$80
Maintenance$1,657
CapEx reserve$829
Vacancy loss$498

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Vancouver. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $8,062/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.

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