1207 602 Citadel Parade, Vancouver, BC, MLS® R3060055

$599,000
Est. Mortgage /mo

$599,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
1 Beds
1 Baths
1 Stories
$ 421.76 Maint. Fee
624 sqft
2007 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

1207 602 Citadel Parade, Vancouver, BC | MLS® R3060055 Property Details

Welcome to Spectrum IV on Citadel Parade – a bright 1 Bed + Den + Solarium + Patio showcasing sweeping city & mountain views with peekaboo water vistas. Stylishly renovated with modern counters & bathroom, it’s completely turn-key. Spectrum has undergone major building upgrades (envelope, lobby, elevators, hallways – levies all paid for you!) and offers resort-style amenities: a full-length lap pool, two fitness centres, sauna, and an expansive lounge for entertaining. With versatile extra space and a private patio, this location is the ultimate for lifestyle. Easy access to Stadium Skytrain Station. Long-term parking is available for rent + purchase. Tenanted $2,750/mth.

General Info

Price $599,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 624
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2007
Age Of Building 18
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3060055
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Gross Taxes $1,852.24
Ownership Type Freehold Strata
Maintenance Fee $421.76
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Sewer, Snow Removal

Heating & Cooling

Fireplace -
Heating Type Baseboard

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Underground
Total Parking Spaces 0

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Zoning CD
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile, Carpet
Foundation Concrete Perimeter
Interior Features Elevator, Storage
View 1
View Description City & Mountains
Units In Development 245
Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Property History

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Status Date Price
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Listed by: Sotheby's International Realty Canada & Sotheby's International Realty Canada

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
2.24 km
Elementary
Lord Strathcona Community Elementary School
0.6 km

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

Private Schools

Elementary
The Westside School
0.3 km
Secondary
Lowell High School
0.34 km

Closest Transit

Bus Stop
Larwill Park @ Layover Only
0.12 km
Skytrain
Skytrain @ Stadium Stn
0.06 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Possible
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 1207 602 Citadel Parade, a charming property nestled in the heart of Vancouver, BC. As your trusted realtor, I'm excited to share with you the ins and outs of this fantastic neighborhood.

### Schools

Let's start with the education system. Your kids will thrive at Lord Strathcona Community Elementary School, located just 0.6 km from 1207 602 Citadel Parade, MLS® R3060055. This school has a No Rating, but I can assure you that it's a fantastic choice for families. Just down the road, your kids can also attend King George Secondary School, also with a No Rating, and located 2.24 km from this home. If you're looking for an alternative to public schools, The Westside School, an independent elementary school, is just 0.3 km away, also with a No Rating. For secondary education, Lowell High School, another independent school, is conveniently located 0.34 km from this property, also with a No Rating.

### Crime

According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. To put this into perspective, there were 52,217 disturbances in the area, with a rate of 7,470.82 incidents per 100,000 population. Comparing to other neighborhoods, this area has an Average rate. On the other hand, the drug crime rate near MLS® R3060055 is Average, with a rating of 229.49. There were 1,604 illegal substances lawbreaking disturbances in the city in 2020, with a year-by-year change in the illegal substances offences ranking of 1.58%. Property crimes in the neighborhood are Above Average, with a rating of 5,020.27, and 35,089 property misconduct incidents in 2020, with a year-by-year change in the property misconduct rate of -20.80%. Lastly, the violent crime rate is Below Average, with a rate of 1,311.69, and a year-by-year change of 3.53%.

### Demographics

This vibrant neighborhood is home to a diverse population. As of the latest census, 53.2% of people have a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 2.5% of the population have no certificate or degree, which is Low compared to the average in BC. The median household income near this dwelling is $72,082, which is Average in comparison to the British Columbia average. The median personal income is $42,581, which is High compared to the BC average. Notably, 78.4% of households in this census subdivision have a mortgage, which is High.

### Transit

Getting around Vancouver is easy, especially with the proximity to public transportation. The closest bus station is Larwill Park @ Layover Only, just 0.12 km away from this listing with MLS® R3060055.

### Lifestyle Amenities

This neighborhood offers a wide range of lifestyle amenities. For outdoor enthusiasts, there are numerous parks, beaches, and trails nearby. If you're a foodie, you'll enjoy the variety of restaurants, coffee shops, and grocery stores in the area. For families, there are dog parks and playgrounds to keep the kids entertained. And for those who need medical attention, there are hospitals nearby.

### Real Estate Context

The average dwelling value in this neighborhood is $601,178, which is High compared to other areas in British Columbia. Notably, the average owner payments are High, with $1,706 spent on average for the dwelling. Tenants are paying $1,888 in this district, which is also High compared to other cities. Interestingly, 57.2% of the population in this district are renters, which is High compared to other BC cities and areas.

### Community Insights

This community offers a unique blend of urban and suburban living. With a population density of 14,899.7 people per square kilometer, it's a bustling neighborhood. The average size of families in the area is 2.3, which is Low compared to the whole region. Interestingly, 29% of families in the area have children, which is Low. The percentage of married or living common law is around 47.2%, which is also Low.

### Lifestyle

The average age of the population in this neighborhood is 35.5, which is Low compared to other BC cities. This neighborhood is a great choice for young professionals and families who want to be close to the action.

### Conclusion

In conclusion, 1207 602 Citadel Parade, Vancouver, BC, MLS® R3060055, is a fantastic property in a vibrant neighborhood. With its proximity to top-rated

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $599,000
Vancouver $619,633
Downtown VW $595,304
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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