5.4% price reduction
Investors Alert! Awesome rent for this SE exposure studio with a spacious BALCONY at The Hudson in the prime Vancouver downtown financial & schools campus district. Building has direct access to Skytrain & Pacific Mall Centre from concourse level, half a block to Canada Line. Winners/Holt Renfrew/restaurants are only steps away. Unit upgraded to laminated flooring, building offers biker locker. EV chargers, 24-hr concierge, fitness room, lounge rooms. This superb location offers the ultimate downtown lifestyle. Great tenant with great rent for investor. Developer: Wall Financial. All meas approx. Some furniture included, ask your Realtor for details.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 9'11 x 9'11 ft |
| Main Level | Other | 12'9 x 12'9 ft |
| Main Level | Kitchen | 10'10 x 10'10 ft |
| Main Level | Foyer | 6'0 x 6'0 ft |
| Main Level | Den | 5'11 x 5'11 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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Welcome to 1611 610 Granville Street, Vancouver, BC
We're so glad you're interested in this stunning property with MLS® R3055855. As your trusted realtor, I'd like to take you on a tour of the wonderful neighborhood that makes this home so special.
Education
Located in the heart of Vancouver, 1611 610 Granville Street, Vancouver, BC is close to some of the city's top-rated schools. Lord Strathcona Community Elementary School is just a short 0.2 km away, with its No Rating reflecting the school's commitment to excellence. King George Secondary School is also nearby, situated about 1.59 km from the property, with a No Rating indicating its dedication to academic achievement. For families who value independent education, Madrona School is the closest elementary school at 0.23 km, with a No Rating, while Columbia Academy is a short 0.11 km away, also with a No Rating.
Safety
According to Statistics Canada's 2020 report, the neighborhood around 1611 610 Granville Street, Vancouver, BC has an average crime rate of 7,470.82, with a rate of 52,217 volation disturbances per 100,000 population. This is slightly above average compared to other Canadian cities. However, the year-over-year change in the total crime rate is a reassuring -14.94%. To put this in perspective, the drug crime rate is average, with a rating of 229.49 and 1,604 lawbreaking disturbances in 2020. The property crime rate is above average, with a rating of 5,020.27 and 35,089 lawbreaking disturbances in 2020. On the other hand, the violent crime rate is below average, with a rating of 1,311.69 and 9,168 lawbreaking disturbances in 2020.
Transit and Commuting
Getting around Vancouver is a breeze, thanks to the proximity of public transportation. The Northbound Granville St @ Dunsmuir St bus station is just 0.01 km away from 1611 610 Granville Street, Vancouver, BC, making it easy to get where you need to go.
Demographics
The neighborhood surrounding 1611 610 Granville Street, Vancouver, BC is a vibrant and diverse community. According to the latest data, 58.5% of residents hold a university certificate or degree, which is high compared to other BC neighborhoods. On the other hand, only 2.4% of the population has no certificate or degree, indicating a strong focus on education. The median household income is $65,920, which is average compared to other British Columbia neighborhoods. However, the median personal income is $42,581, which is high, and the percentage of households with a mortgage is 72.4%, indicating a high level of homeownership.
Unemployment and Population Growth
The unemployment rate in this area is a low 4.3%, making it an attractive location for job seekers. Additionally, the population growth rate has been high, with a 13.9% increase between 2011 and 2016, which is above average for this region.
Real Estate Context
The average value of dwellings in this neighborhood is a high $745,989, making it an attractive location for investors and homeowners alike. Average owner payments are also high, at $1,792 per month, while tenants pay an average of $1,723. The percentage of renters in this area is high, at 61.7%, indicating a strong rental market.
Language and Transportation
The neighborhood surrounding 1611 610 Granville Street, Vancouver, BC is linguistically diverse, with 10.5% of residents speaking English and French, and 87.2% speaking only English. The percentage of neither English nor French speakers is 2.2%, which is above average compared to other BC cities. As for transportation, 18.7% of residents use public transportation, 24.5% use cars, 1.7% use bicycles, and 53.4% walk, making it a pedestrian-friendly area.
Why You'll Love This Neighborhood
From the excellent schools to the vibrant community, 1611 610 Granville Street, Vancouver, BC is an attractive location for anyone looking for a convenient and diverse place to call home. With its stunning architecture, excellent transportation options, and strong sense of community, this property is sure to impress even the most discerning buyer.
MLS® R3055855: A Home for Sale in Vancouver, BC
Don't miss out on this incredible opportunity to own a piece of Vancouver's vibrant real estate market. Contact me today to schedule a viewing of 1611 610 Granville Street, Vancouver, BC, and make this
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