2705 1111 Richards St, Vancouver, BC, MLS® R3032201

$2,590,000
Est. Mortgage /mo

$2,590,000
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
3 Beds
3 Baths
1 Stories
$ 1389.19 Maint. Fee
1781 sqft
2021 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

2705 1111 Richards St, Vancouver, BC | MLS® R3032201 Property Details

Price Reduced! Stunning 3-bed, 3-bath luxury condo in Yaletowns prestigious 8X on the Park. Enjoy panoramic views of water, mountains, parks & city skyline from your private balcony. Steps from SkyTrain, Sea Wall, Granville Island & Robson. Features A/C, Miele & Sub-Zero appliances, Italian cabinetry, Nuheat flooring. First-class amenities: rooftop BBQ, social lounge, gym, 24/7 concierge. Includes 2 parking stalls & storage. A rare urban retreatdonf miss out!

General Info

Price $2,590,000
Total Bedrooms 3
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 1781
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2021
Age Of Building 4
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Disposal, Refrigerator, Stove
Building Amenities Bike Room, Clubhouse, Exercise Centre, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Recreation Facilities, Snow Removal, Geothermal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3032201
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Gross Taxes $7,845.57
Ownership Type Freehold Strata
Maintenance Fee $1,389.19
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Recreation Facilities, Snow Removal, Geothermal

Heating & Cooling

Fireplace -
Heating Type Forced Air, Geothermal
Cooling Central Air, Air Conditioning

Utilities

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

Parking

Parking Type Underground, Guest, Rear Access
Total Parking Spaces 2

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Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning .
Rental Suites Legal Suite
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Mixed, Tile
Foundation Block
Interior Features Elevator, Storage
Locker 1
View 1
View Description FALSE CREEK & MOUNTAIN
Units In Development 191
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Pacific Evergreen 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
King George Secondary School
1.73 km
Elementary
Lord Strathcona Community Elementary School
1.03 km

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

Private Schools

Elementary
Anchor Point Montessori
0.54 km
Secondary
Pattison School
0.46 km

Closest Transit

Bus Stop
Northbound Seymour St @ Davie St
0.11 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.28 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 2705 1111 Richards Street, Vancouver, BC - MLS® R3032201

As we walk through this vibrant community, you'll notice that the neighborhood is surrounded by excellent schools, making it an ideal place to raise a family. Let's start with the schools that serve this area.

Lord Strathcona Community Elementary School

Located just 1.03 km from 2705 1111 Richards Street, this school has a reputation for providing a nurturing environment for young minds. Although it doesn't have a rating, families in the area appreciate its commitment to academic excellence.

King George Secondary School

Another nearby school is King George Secondary School, situated 1.73 km from the property. While it doesn't have a rating either, its proximity to the community makes it a convenient choice for families.

Independent Schools

For those looking for alternative educational options, there are several independent schools in the area. The closest elementary independent school to 2705 1111 Richards Street is Anchor Point Montessori, with a rating of No Rating, located 0.54 km from the property. The closest secondary independent school is Pattison School, also with a rating of No Rating, located 0.46 km from the property.

Crime Rates

According to Statistics Canada's 2020 report, the neighbourhood surrounding 2705 1111 Richards Street, Vancouver, BC has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. This means that the community is relatively safe, with a low risk of violent crime. In fact, the violent crime rate in this area is Below Average, with 1,311.69 incidents per 100,000 population. This is reassuring for families and individuals who value peace of mind.

Demographics

This neighbourhood is home to a diverse population, with 52% of residents holding a university certificate or degree, which is High compared to other BC neighbourhoods. The median household income is $62,771, which is Below Average compared to the British Columbia average. However, the median personal income is $41,842, which is Above Average. The percentage of households with a mortgage is 73.7%, which is High.

Transit

Getting around is convenient, with the Northbound Seymour St @ Davie St bus station just 0.11 km away from 2705 1111 Richards Street. This makes it easy to commute to work or school without relying on a car.

Lifestyle Amenities

This community offers a range of lifestyle amenities, including parks, beaches, and trails. Residents can also enjoy shopping at local malls, grabbing a coffee at a nearby café, or dining at one of the many restaurants in the area.

Real Estate Context

The average value of dwellings in this neighbourhood is $651,930, which is High compared to other areas in British Columbia. The average owner payments are also High, with homeowners spending $1,621 per month on their properties. Tenants are paying $1,478 per month, which is also High. With 58% of the population renting, this neighbourhood is a popular choice for those looking for affordable housing options.

Community Insights

This community is known for its vibrant atmosphere, with a population density of 31,632.3 people per square kilometre, which is High. The average family size is 2.3, which is Low compared to the whole region. The percentage of families with children is 27.3%, which is Low, and the percentage of married or living common law couples is 40.6%, which is also Low. The average age of the population is 38.8, which is Below Average in comparison to other BC cities.

Investment Insights

For investors, this neighbourhood offers a range of opportunities. The average value of dwellings is High, making it an attractive choice for those looking to invest in real estate. With 58% of the population renting, there is a strong demand for rental properties, making this a popular choice for investors.

Language and Transportation

The community is predominantly English-speaking, with 86.8% of the population speaking only English. However, there is a growing diversity in the area, with 11.4% of the population speaking both English and French, and 1.6% speaking neither English nor French. When it comes to transportation, 22% of the population uses public transport, 28% use cars, and 2% use bicycles, while 45.8% walk.

In conclusion, 2705 1111 Richards Street, Vancouver, BC - MLS® R3032201 is an excellent choice for families and individuals looking for a safe, convenient, and vibrant community to call home. With its excellent schools, low crime rates, and diverse population, this neighbourhood offers a range of lifestyle amenities and

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 $2,590,000
Vancouver $3,356,000
Downtown VW $3,178,667
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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