204 1520 Cotton Dr, Vancouver, BC, MLS® R3083311

$525,000
Est. Mortgage /mo

$525,000
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
$ 320 Maint. Fee
519 sqft
1995 built
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Photos
Map
Street view
Schools
Crime
Commute
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204 1520 Cotton Dr, Vancouver, BC | MLS® R3083311 Property Details

This bright South West facing corner one-bedroom sits just a block off Commercial Drive and is wrapped in windows that fill the home with natural light year-round. Thoughtful updates include refreshed kitchen countertops, stainless steel appliances, an updated bathroom, bamboo flooring, and newer light fixtures throughout. The open layout feels cheerful and welcoming, with a cozy gas fireplace, a sunny patio and the comfort of in-suite laundry. Underground parking and a storage locker are included, with pets and rentals allowed in this small, well-run building, making it a wonderful fit for first-time buyers, investors, or anyone looking to settle into one of Vancouver’s most loved neighbourhoods.

General Info

Price $525,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 519
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1995
Age Of Building 31
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Sewer, Snow Removal, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3083311
Area Vancouver East
Neighbourhood Grandview Woodland
City Vancouver
Gross Taxes $2,111.27
Ownership Type Freehold Strata
Maintenance Fee $320
Community Features Shopping Nearby
Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Sewer, Snow Removal, Water

Heating & Cooling

Fireplace 1
Heating Type Electric, Natural Gas

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, Front Access
Total Parking Spaces 1

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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 -
Zoning RM-4
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View 1
View Description City
Units In Development 19
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt, Torch-On

Property History

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Status Date Price
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Listed by: Oakwyn Realty Ltd.

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
Britannia Community Secondary School
0.54 km
Elementary
Britannia Community Elementary School
0.38 km

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

Private Schools

Elementary
St Francis of Assisi
0.77 km
8.9/10
Excellent
Elementary, Secondary
PALS Autism School
1.53 km

Closest Transit

Bus Stop
Southbound Commercial Dr @ Kitchener St
0.14 km
Skytrain
Skytrain @ Vcc-Clark Stn
0.91 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 204 1520 Cotton Drive, a beautiful property nestled in the heart of Vancouver's vibrant Grandview Woodland neighborhood, MLS® R3083311. As your trusted realtor, I'm excited to share with you the unique features and benefits of this fantastic community.

Let's start with the schools. Your family will love attending classes at Britannia Community Elementary School, a highly-rated institution just 0.38 km away from 204 1520 Cotton Drive, MLS® R3083311. This school boasts a No Rating, but its proximity and reputation make it an excellent choice for families. Additionally, your teenager will have access to Britannia Community Secondary School, also with a No Rating, located just 0.54 km from this fantastic property.

For parents seeking alternative education options, St Francis of Assisi is an excellent choice, with a rating of 8.9/10 and located 0.77 km from 204 1520 Cotton Drive, MLS® R3083311. Another option is PALS Autism School, with a No Rating, situated 1.53 km from this property.

Now, let's talk about safety. According to Statistics Canada's 2020 report, the neighborhood surrounding 204 1520 Cotton Drive, Vancouver, BC has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. This means you can enjoy a peaceful and secure living environment. The year-over-year change in the total crime rate is -14.94%, indicating a downward trend.

As for specific crime rates, the neighborhood is Average when it comes to drug-related offenses, with a rating of 229.49 and 1,604 incidents in 2020. The year-over-year change in this ranking is 1.58%. Property crimes are also a concern, with a rating of 5,020.27 and 35,089 incidents in 2020. However, the year-over-year change in this ranking is -20.80%, demonstrating a decrease in property-related crimes.

Regarding violent crimes, the neighborhood has a Below Average rate, with 1,311.69 incidents in 2020. The year-over-year change in this ranking is 3.53%.

Now, let's explore the lifestyle amenities in the area. The closest bus station is Southbound Commercial Dr @ Kitchener St, just 0.14 km away from 204 1520 Cotton Drive, MLS® R3083311, making public transportation convenient and accessible.

Demographically, this neighborhood is a hub of activity. With 44.7% of residents holding a university certificate or degree, this community is highly educated, making it an excellent choice for families and professionals alike. In contrast, 10.3% of the population has no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income near 204 1520 Cotton Drive, Vancouver, BC is $60,946, which is Below Average compared to the British Columbia average. The median personal income is $36,043, which is Average in comparison to the BC average. However, 71.1% of households in this census subdivision have a mortgage, which is High.

Unemployment rates in the area are Low, with a rate of 4%, making it an attractive option for those seeking job opportunities.

Population growth in the Grandview Woodland area has been significant, with a 9.5% increase between 2011 and 2016, which is High compared to average growth rates in the region.

In terms of population density, this community boasts a high 6,814.1 people per square kilometer, making it a bustling and vibrant area.

The average family size in the area is 2.6, which is Low compared to the whole region. Additionally, 48.8% of families in the area have children, which is Below Average. The percentage of married or living common law couples is 47.6%, which is also Low.

The average age of the population in the area is 38.3, which is Below Average compared to other BC cities.

When it comes to housing, the average value of dwellings in the neighborhood surrounding 204 1520 Cotton Drive, Vancouver, BC is $909,652, which is High compared to other areas in British Columbia.

In terms of affordability, the average owner payments are High, with owners spending $1,769 on average for their dwellings. Tenants, on the other hand, are paying $1,117, which is Above Average compared to other cities.

Interestingly, 66.8% of the population in the area are renters, which is High compared to other BC cities and areas.

Language-wise, 15.9% of the population in the area speaks both English and French, which is Above Average. However,

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 $525,000
Vancouver $626,973
Grandview Woodland $625,000
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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