1006 789 Drake St, Vancouver, BC | MLS^® R3081352 Property Details

Totally rare - a terrace to live for! Normally, a terrace like this is only found in multi million dollar condos. Exclusively yours to furnish, live, work and enjoy your private garden. Surround yourself with gorgeous plants and garden to grow your own food. This sunny south facing as a lifestyle all of its own. OMG, act fast or this will be gone. This studio measures to 403 sq ft. Strata Plan shows 383 sq ft. The terrace is 569 sq ft.

General Info

Price $429,000

Total Bedrooms 1

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 403

Lot Size -

Lot Size Depth Feet

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1991

Age Of Building 35

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Refrigerator, Stove, Microwave

Building Amenities Exercise Centre, Trash, Hot Water, Management, Recreation Facilities, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3081352

Area Vancouver West

Neighbourhood Downtown VW

City Vancouver

Gross Taxes $1,334.63

Ownership Type Freehold Strata

Maintenance Fee $265.48

Community Features Shopping Nearby

Amenities Nearby Exercise Centre, Trash, Hot Water, Management, Recreation Facilities, Snow Removal

Heating & Cooling

Fireplace -

Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Additional Parking, Underground, Other, Concrete

Total Parking Spaces 0

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Strata Restrictions Pets Not Allowed,Rentals Allwd w/Restrctns

Pet Restrictions No

Rental Restrictions -

Zoning DD

Rental Suites -

Laundry Common Area

# of Kitchens 1

Flooring Laminate, Vinyl

Foundation Concrete Perimeter

Interior Features Elevator, Pantry

View Description SOUTH SUNNY DOWNTOWN VIEW

Units In Development 122

Exterior Features Garden, Balcony

Sewer Public Sewer, Sanitary Sewer

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	8'6 x 8'6 ft
Main Level	Kitchen	10'5 x 10'5 ft
Main Level	Bedroom	13'8 x 13'8 ft

Listed by: Dexter Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS^® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary

King George Secondary School

1.58 km

Elementary

Elsie Roy Elementary School

Average

0.65 km

6.1/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary

Anchor Point Montessori

0.17 km

Secondary

Pattison School

0.52 km

Closest Transit

Bus Stop

Southbound Granville St @ Drake St

0.09 km

Skytrain

Skytrain @ Yaletown-Roundhouse Stn

0.52 km

Noise/ Power Lines

Road/Hwy Noise

Possible

Railway/Sky train Noise

Unlikely

Airport/Port Noise

Unlikely

Close to major Power Lines

Unlikely

Other

Agricultural Land Reserve (ALR)

Unlikely

Flood Area

Unlikely

Close to Cemeteries

Unlikely

Welcome to 1006 789 Drake Street, Vancouver, BC, a charming home nestled in the heart of Downtown Vancouver. As your trusted realtor, I'm excited to share with you the many features and benefits of this fantastic property, listed as MLS R3081352.

Schools:

Immerse your children in a world of learning at Elsie Roy Elementary School, just a 0.65 km walk from your new home, 1006 789 Drake Street. This school boasts a respectable rating of 6.1/10, ensuring your little ones receive a quality education. Additionally, King George Secondary School, with a rating of no rating, is a mere 1.58 km away, providing excellent options for students of all ages.

For a more unique educational experience, consider the nearby Anchor Point Montessori, an independent elementary school with a no rating, located just 0.17 km from 1006 789 Drake Street. This charming school offers a hands-on approach to learning, perfect for families seeking a more personalized education.

Crime:

Rest assured, 1006 789 Drake Street is situated in a safe and secure neighborhood, with an overall crime rate of 7,470.82 incidents per 100,000 population, according to Statistics Canada's 2020 report. This is considered an average rate compared to other Canadian cities. The year-over-year change in crime rate is a notable -14.94%, demonstrating a positive trend in this area.

Demographics:

The neighborhood surrounding 1006 789 Drake Street is a vibrant and diverse community, with a population that is 47% comprised of individuals with a university certificate or degree, which is considered High in comparison to other BC neighborhoods. In contrast, only 4.8% of the population in this area have no certificate or degree, a Low number compared to the average in BC.

Transit:

Convenience is key when it comes to transportation, and 1006 789 Drake Street checks all the boxes. The Southbound Granville St @ Drake St bus station is just 0.09 km away, providing easy access to public transportation. With a population that is 26% reliant on public transport, you'll be able to get where you need to go with ease.

Lifestyle Amenities:

Enjoy the best of Vancouver's amenities, right at your doorstep. The nearby parks, beaches, and trails offer endless opportunities for outdoor recreation, while the vibrant shopping and dining scene is just a short walk away. With a grocery store, coffee shops, and restaurants nearby, you'll never be far from what you need.

Real Estate Context:

As a homeowner at 1006 789 Drake Street, you can expect to pay a median household income of $55,936, which is Below Average compared to the BC average. However, the median personal income in this area is $40,817, which is Above Average. With a mortgage rate of 72.8%, this is a great opportunity to invest in real estate.

Property Details:

This home, listed as MLS R3081352, is situated in a desirable location, with an average value of dwellings in the area being $705,201, which is High compared to other areas in British Columbia. With average owner payments of $1,746 and tenants paying $1,369, this is a great investment opportunity.

Population and Lifestyle:

The population surrounding 1006 789 Drake Street is a diverse and vibrant community, with an average age of 38.6, which is Below Average compared to other BC cities. The average size of families in this area is 2.2, which is Low compared to the whole region. With a population that is 65.6% comprised of renters, this is a great opportunity for investors and those looking for a unique lifestyle.

Language and Transportation:

The population in this area is predominantly English speakers, with 86% of residents speaking only English, which is Below Average. However, 12% of the population speaks both English and French, which is Above Average. With a high percentage of residents relying on public transportation, this is a great opportunity for those who value convenience and sustainability.

In conclusion, 1006 789 Drake Street, Vancouver, BC, is a fantastic opportunity for those seeking a unique blend of education, safety, and lifestyle amenities. As your trusted realtor, I would be delighted to guide you through the process of making this home your own. Contact me today to schedule a viewing and make 1006 789 Drake Street your dream home!