About this home

Priced to sell! Sold as is, where is. Situated in the heart of Grandview-Woodland, 1654 E Pender Street, Vancouver, BC, is a prime 33´ x 122´ lot with significant development potential. Zoned RM-4, it permits a duplex with up to 1.0 FSR, while the Grandview-Woodland Community Plan enhances its appeal by allowing up to 3.0 FSR and 6-storey rental projects. With Commercial Drive´s vibrant shops and restaurants just a short stroll away and easy access to downtown, transit, parks, and schools, this property offers an exceptional opportunity for developers and investors looking to capitalize on the growth of this dynamic neighbourhood.

Property details

0

Beds

3 full

Baths

2,689 ft²

Floor area

4,071 ft²

Lot size

1915

Year built

3

Parking

$7,560/yr

Gross tax

Location & structure

Single Family

Type

Finished

Basement

Yes

Garage

2 Level

Style

Listed

January 27, 2025

Style

2 Level

Basement

Finished

Structure

House

Frontage

33.4 feet

PID

300-018-601

Features & inclusions

Heating

Baseboard heaters, Electric

Parking

Garage

Additional details

Common interest

Freehold

Tax year

2024

Property analysisScored Jun 2

Buyer view7–10 year horizon

Average on carrying cost

$614/sqft vs area comp median $1148/sqft (46.5% below, 6 comps). ⚠ Comp set is older than 60 days. Used area-level comps (sub-area had <5 matches).

On a 7 to 10 year hold, area appreciation vs current entry price matters most.

Good value signals, score 84.8 of 100Based on 4 of 9 signals · score likely 61.5 to 100

Stale compsNo HPI coveragePrice history accruingPartial carrying cost

Price comparisons use asking prices from nearby active and recently removed listings. Sold prices are not available through public listing feeds.

Scores weight nine signals across price, market, carrying cost, and location data. Sources: BCRES listing feed, GVR MLS® HPI, TransLink, BC Geographic Warehouse, Vancouver Open Data, Statistics Canada (2021 Census). One input among many, not advice.

Nearby & Commute

4 min

walk to No Frills

8 min

bike to Vancouver (Rocky Mountaineer)

26 min

walk to Vancouver (Rocky Mountaineer)

8 min

drive to downtown Vancouver

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Condo / Apartment · 53%

Documents and due diligence

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Property disclosure statement

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Title search

Review registered ownership, charges, easements, and covenants.

Inspection reports

Review available property-condition findings.

Building and renovation permits

Confirm that significant work was properly permitted.

Survey or site plan

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Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.

Financial overview

A clearer view of the monthly and upfront costs connected to this home.

Monthly ownership costs

Estimated monthly total

Calculated estimate

$7,621

Principal and interest

Calculated estimate

$6,841

Property tax

Listing data

$630/mo

Home insurance

Assumption

$150/mo

Purchase snapshot

List price

Listing data

$1,479,000

Down payment

Calculated estimate

$295,800 (20%)

Estimated mortgage

Calculated estimate

$1,183,200

Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.

Mortgage estimate

Tax from listing

Est. monthly total

$7,621

/mo

Rate

%

Amortization

Principal and interest

$6,841

Property tax

$630

P&I

Tax

Down payment

$295,800 (20%)

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Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $295,800 down (20%) on $1,479,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.

Condo / Apartment	375	52.6%
Detached	148	20.8%
Townhouse	63	8.8%
Duplex	54	7.6%
Half-duplex	50	7.0%
Other	23	3.2%

Under $5,000	10	2.6%
$10,000 to $14,999	15	3.8%
$15,000 to $19,999	20	5.1%
$20,000 to $24,999	40	10.3%
$25,000 to $29,999	10	2.6%
$30,000 to $34,999	10	2.6%
$35,000 to $39,999	20	5.1%
$40,000 to $44,999	10	2.6%
$45,000 to $49,999	10	2.6%
$50,000 to $59,999	35	9.0%
$60,000 to $69,999	30	7.7%
$70,000 to $79,999	15	3.8%
$80,000 to $89,999	15	3.8%
$90,000 to $99,999	20	5.1%
$100,000 to $124,999	40	10.3%
$125,000 to $149,999	25	6.4%
$150,000 to $199,999	30	7.7%
$200,000 and over	35	9.0%

Condo / Apartment	375	52.6%
Detached	148	20.8%
Townhouse	63	8.8%
Duplex	54	7.6%
Half-duplex	50	7.0%
Other	23	3.2%

Under $5,000	10	2.6%
$10,000 to $14,999	15	3.8%
$15,000 to $19,999	20	5.1%
$20,000 to $24,999	40	10.3%
$25,000 to $29,999	10	2.6%
$30,000 to $34,999	10	2.6%
$35,000 to $39,999	20	5.1%
$40,000 to $44,999	10	2.6%
$45,000 to $49,999	10	2.6%
$50,000 to $59,999	35	9.0%
$60,000 to $69,999	30	7.7%
$70,000 to $79,999	15	3.8%
$80,000 to $89,999	15	3.8%
$90,000 to $99,999	20	5.1%
$100,000 to $124,999	40	10.3%
$125,000 to $149,999	25	6.4%
$150,000 to $199,999	30	7.7%
$200,000 and over	35	9.0%

1654 East PENDER Street

1654 East PENDER Street

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