2605 488 SW Marine Dr, Vancouver, BC, MLS® R2962565

$589,000
Est. Mortgage /mo

9.4% price reduction

$589,000
$650,000
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
$ 347.22 Maint. Fee
487 sqft
2016 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

2605 488 SW Marine Dr, Vancouver, BC | MLS® R2962565 Property Details

9.4% price reduction

Welcome to Marine Gateway, Vancouver's vibrant new urban center, where convenience meets lifestyle. This stunning west-facing home on the 26th floor offers breathtaking water and mountain views. Located in a prime area, you'll find T&T Supermarket, the SkyTrain station, Cineplex, and a variety of retail stores just steps from your door.Featuring high-quality finishes, including wood flooring, gourmet cabinetry, stainless steel appliances, granite countertops, and Kohler fixtures. Only 10 minutes from both downtown Vancouver and Richmond, this property is ideal for investment or personal living. Don't miss this opportunity—it's a must-see!

General Info

Price $589,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 487
Lot Size -
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2016
Age Of Building 9
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Exercise Centre, Trash, Hot Water, Management, Recreation Facilities, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R2962565
Area Vancouver West
Neighbourhood Marpole
City Vancouver
Gross Taxes $1,727.48
Ownership Type Freehold Strata
Maintenance Fee $347.22
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Trash, Hot Water, Management, Recreation Facilities, Snow Removal

Heating & Cooling

Fireplace 0
Heating Type Baseboard

Utilities

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

Parking

Parking Type Additional Parking, Underground
Total Parking Spaces 1

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Strata Restrictions Pets Allowed,Rentals Allwd w/Restrctns
Pet Restrictions Yes
Rental Restrictions -
Zoning CD-1
Rental Suites None
Laundry In Unit
# of Kitchens 0
Foundation Concrete Perimeter
Interior Features Elevator
Locker -
View 1
View Description WATER, MOUNTAIN VIEW
Units In Development -
Exterior Features Playground, Balcony
Sewer Sanitary Sewer

Property History

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Status Date Price
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Listed by: Royal Pacific Realty Corp. & Royal Pacific Realty Corp.

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
Sir Winston Churchill Secondary School
1.32 km
Elementary
J.W. Sexsmith Community Elementary School
0.9 km
Elementary
J.W. Sexsmith Community Elementary School
0.9 km

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

Private Schools

Elementary
St. Anthony of Padua
1.65 km
8.7/10
Excellent
Secondary
Royal Canadian College
0.38 km

Closest Transit

Bus Stop
Marine Drive Station @ Bay 2
0.09 km
Skytrain
Skytrain @ Marine Drive Stn
0.09 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

2605 488 SW Marine Drive is serviced by J.W. Sexsmith Community Elementary School. The property with listing MLS® R2962565 is located 0.9 km from the school. J.W. Sexsmith Community Elementary School has a rating of No Rating.

This home with address 2605 488 SW Marine Drive, Vancouver, BC is also serviced by Sir Winston Churchill Secondary School and located 1.32 km from it. Sir Winston Churchill Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 2605 488 SW Marine Drive is St. Anthony of Padua with School's rating Rating 8.7/10, located 1.65 km from this home.

The closest to this address 2605 488 SW Marine Drive Secondary independent school is Royal Canadian College with School's rating No Rating, located 0.38 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 2605 488 SW Marine Drive, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2962565 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 2605 488 SW Marine Drive are Above Average. Property misconduct rating adjacent to MLS® R2962565 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Marine Drive Station @ Bay 2 in 0.09 km away from this listing with - MLS® R2962565.

36.9% of people with university certificate/degree live in this neighbourhood adjacent to the 2605 488 SW Marine Drive which is High in comparison with other BC neighbourhoods. 12.6% of population in this neighbourhood that is near the Listing MLS® R2962565 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 2605 488 SW Marine Drive, Vancouver, BC is $59026 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2962565 is $25196 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 47.5% which is Low.

Unemployment rate in the area around Real Estate Listing # R2962565 is 8.6 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 2605 488 SW Marine Drive Marpole where population change between 2011 and 2016 was 9.1%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 2605 488 SW Marine Drive, Vancouver, BC is 3163.9 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 2605 488 SW Marine Drive is 2.8. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2962565 is 65.3% and it is Above Average. % of Married or living common law is around 52.7% and it is Below Average.

Average age of the population close to the 2605 488 SW Marine Drive is 43.3 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 2605 488 SW Marine Drive, Vancouver, BC is $1474672 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 2605 488 SW Marine Drive. $1441 owners spent in average for the dwelling. Tenants are paying $1368 in this district close to MLS® R2962565 and it is High comparing to other cities.

42.1% of Population in this district near the 2605 488 SW Marine Drive are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 2605 488 SW Marine Drive, Vancouver, BC is 4.7%, it is Below Average, % of English speakers only is 86% and Below Average. % of Neither English nor French speakers close to home for sale 2605 488 SW Marine Drive, Vancouver, BC is 9.2% and it is High comparing to other BC cities.

35.5% of all population in the area around this property with the address 2605 488 SW Marine Drive, Vancouver, BC using Public Transport which is High, 58.3% of using population are using Cars around MLS® R2962565, which is Low. 3% of people using Bicycles around the 2605 488 SW Marine Drive and it is Above Average. 2.7% of population are walking which is Below Average

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 $589,000
Vancouver $524,656
Marpole $518,833
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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