2705 488 SW Marine Dr, Vancouver, BC | MLS^® R3017801 Property Details

Welcome to Marine Gateway – Urban Living at Its Best! This efficient and well-designed 1 Bedroom, 1 Bathroom home offers open-concept living, sleek finishes, and stunning city views at one of South Vancouver’s most convenient and vibrant communities. Direct access to Marine Drive SkyTrain Station – just minutes to Downtown, Richmond, and YVR. T&T Supermarket, Cineplex, restaurants, banks & shops right downstairs. Close to Winona Park, Langara Golf Course, Langara College, and more! Enjoy everything you need at your doorstep in a growing, transit-oriented neighborhood that offers unbeatable walkability and connectivity

General Info

Price $558,000

Total Bedrooms 1

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 488

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2015

Age Of Building 10

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Management, Water

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3017801

Area Vancouver West

Neighbourhood Marpole

City Vancouver

Gross Taxes $1,733.42

Ownership Type Freehold Strata

Maintenance Fee $347.22

Community Features Shopping Nearby

Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Management, Water

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Baseboard

Utilities

Utility Type Electricity Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Underground

Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns

Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions

Rental Restrictions -

Zoning CD-1

Rental Suites -

Laundry In Unit

# of Kitchens 1

Flooring Laminate, Mixed, Tile, Carpet

Foundation Concrete Perimeter

Interior Features Elevator

Locker 1

View -

View Description -

Units In Development -

Exterior Features Garden, Balcony

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Kitchen	7'2 x 7'2 ft
Main Level	Dining Room	12'3 x 12'3 ft
Main Level	Living Room	12'2 x 12'2 ft
Main Level	Bedroom	10'0 x 10'0 ft
Main Level	Laundry	4'2 x 4'2 ft
Main Level	Foyer	5'0 x 5'0 ft

Listed by: 1NE Collective Realty Inc.

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

1.34 km

Elementary

J.W. Sexsmith Community Elementary School

0.92 km

Elementary

J.W. Sexsmith Community Elementary School

0.92 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

1.64 km

8.7/10

Excellent

Secondary

Royal Canadian College

0.36 km

Closest Transit

Bus Stop

Marine Drive Station @ Bay 2

0.07 km

Skytrain

Skytrain @ Marine Drive Stn

0.08 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 the vibrant neighborhood surrounding 2705 488 SW Marine Drive in the heart of Vancouver, BC. As a seasoned realtor with over a decade of experience, I'm excited to share the unique features of this community with you.

### Education

When it comes to education, families in this area are well-served by top-notch schools. J.W. Sexsmith Community Elementary School, located just 0.92 km from 2705 488 SW Marine Drive, offers a nurturing environment for young minds. Although it doesn't have a formal rating, this school is a gem in the community. Additionally, Sir Winston Churchill Secondary School is within a 1.34 km radius, providing students with access to quality secondary education.

For independent school options, the closest elementary school is St. Anthony of Padua, with a stellar rating of 8.7/10, situated 1.64 km from this property. For secondary independent school options, Royal Canadian College is a short 0.36 km away, offering students a unique learning experience.

### Safety

According to the latest crime data from Statistics Canada (2020), the neighborhood surrounding 2705 488 SW Marine Drive boasts an Average crime rate of 7,470.82, indicating a relatively safe environment for residents. When compared to other Canadian cities, this rate is Average. Notably, the year-over-year change in the total crime rate is a commendable -14.94%.

Breaking down the crime statistics further, we see that drug crime rates are Average, with a rating of 229.49, and a year-over-year change of 1.58%. Property crimes, however, are Above Average, with a property misconduct rating of 5,020.27, and a year-over-year change of -20.80%. Fortunately, violent crime rates are Below Average, with a rate of 1,311.69, and a year-over-year change of 3.53%.

### Lifestyle Amenities

For those who value convenience, the Marine Drive Station @ Bay 2 is just 0.07 km away, providing easy access to public transportation.

### Demographics

This charming neighborhood boasts a unique demographic profile. With 36.9% of the population holding a university certificate or degree, this area is considered High compared to other BC neighborhoods. Conversely, 12.6% of the population has no certificate or degree, which is Below Average compared to the average in BC.

In terms of income, the median household income near 2705 488 SW Marine Drive is $59,026, which is Below Average compared to the BC average. The median personal income is $25,196, ranking as Low compared to the BC average. Furthermore, 47.5% of households in this area have a mortgage, which is considered Low.

### Real Estate Context

Unemployment rates in the area surrounding 2705 488 SW Marine Drive are Average, at 8.6%. Population growth between 2011 and 2016 was 9.1%, which is High compared to average growth rates in the region. The population density per square kilometre is 3,163.9, making it Above Average.

Family dynamics in the area are characterized by an average family size of 2.8, which is Below Average. However, 65.3% of families in the area have children, which is Above Average. Married or living common-law couples make up 52.7% of the population, which is Below Average.

### Transportation and Lifestyle

Residents of 2705 488 SW Marine Drive enjoy a range of transportation options, with 35.5% of the population using public transport, 58.3% using cars, and 3% using bicycles. Walking is less prevalent, with 2.7% of the population opting for this mode of transportation.

### Average Value of Dwellings

The average value of dwellings in this neighborhood is $1,474,672, making it High compared to other areas in British Columbia. Average owner payments are Above Average, with an average expenditure of $1,441 per month. Tenants, on the other hand, pay an average of $1,368 per month, which is High compared to other cities.

### Renters and Language

42.1% of the population in this area are renters, which is Above Average compared to other BC cities and areas. The majority of the population speaks only English (86%), which is Below Average. However, 9.2% of the population speaks neither English nor French, which is High compared to other BC cities.

### Transportation Habits

When it comes to transportation habits, 35.5% of the population uses public transport, which is High. 58.3% use cars, which is Low. 3% use bicycles, which is Above Average. Walking is less common, with 2