310 55 E Cordova St, Vancouver, BC, MLS® R3053789

$629,000
Est. Mortgage /mo

$629,000
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
$ 411.12 Maint. Fee
699 sqft
2006 built
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Map
Street view
Schools
Crime
Commute
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310 55 E Cordova St, Vancouver, BC | MLS® R3053789 Property Details

KORET LOFTS – Gastown's iconic live/work warehouse conversion, designed by award winning Yumi Murayama of YU+ME Design Inc. This home boasts a customized renovation. The open concept layout has ample storage, a beautifully crafted kitchen with custom white birch millwork, glass paneling, & marine edged stainless steel countertops & backsplash. The kitchen has top of the line MIELE appliances & a Sub Zero fridge/freezer. The bathroom exudes sophistication with Cosentino Dekton stone countertops from Spain, an angled matching stone sink, a stunning double walk in terrazzo tiled shower, Brizo fixtures, and BOCCI lighting. Cutting edge LED Philips Hue smart lighting creates the perfect ambiance throughout the space. Ideal for live/work or rental opportunities.

General Info

Price $629,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 699
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2006
Age Of Building 19
Building Type Apartment/Condo
Property Type Residential
Architecture Style Live/Work Studio, Loft/Warehouse Conv.
Stories 1
Appliances Included Washer/Dryer, Refrigerator, Microwave, Oven, Range Top
Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Management, Sewer, Snow Removal, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3053789
Area Vancouver East
Neighbourhood Downtown VE
City Vancouver
Gross Taxes $1,916.91
Ownership Type Freehold Strata
Maintenance Fee $411.12
Community Features Shopping Nearby
Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Management, Sewer, Snow Removal, Water

Heating & Cooling

Fireplace -
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type None
Total Parking Spaces -

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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 HA-2
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Concrete, Mixed
Foundation Concrete Perimeter
Interior Features Elevator
View 1
View Description City, Trees
Units In Development 118
Exterior Features No Outdoor Area
Sewer Public Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Century 21 In Town Realty

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
2.48 km
Elementary
Lord Strathcona Community Elementary School
0.78 km

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

Private Schools

Elementary
The Westside School
0.91 km
Secondary
Sino Bright School BC
0.49 km

Closest Transit

Bus Stop
Eastbound W Cordova St @ Carrall St
0.09 km
Skytrain
Skytrain @ Stadium Stn
0.58 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 Downtown Vancouver neighborhood, where you'll find the charming property at 310 55 E Cordova Street, proudly listed as MLS® R3053789. As we explore this fantastic community, let's start with the local schools.

Located just 0.78 km from home, Lord Strathcona Community Elementary School is a wonderful option for families. With a No Rating, this school has been a trusted choice for many families in the area. Just down the road, you'll also find Britannia Community Secondary School, situated 2.48 km from the property, also with a No Rating. For those seeking independent education options, The Westside School, an elementary school, is just 0.91 km away, and Sino Bright School BC, a secondary independent school, is conveniently located 0.49 km from home.

Now, let's talk about the safety and security of the area. According to Statistics Canada's 2020 report, the neighborhood surrounding 310 55 E Cordova Street, Vancouver, BC, has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. The year-by-year change in the total crime rate is a notable -14.94%. When it comes to drug-related crimes, the rate is Average, with a rating of 229.49, and 1,604 incidents in 2020. This is a reassuring aspect of living in this community.

In terms of property crimes, the neighborhood is Above Average, with a property misconduct rating of 5,020.27, and 35,089 incidents in 2020. However, it's heartening to see a year-by-year change of -20.80% in property misconduct rates. The violent crime rate is also Below Average, with a rating of 1,311.69, and 9,168 incidents in 2020.

Now, let's talk about the amenities and lifestyle that this community offers. The closest Bus station is the Eastbound W Cordova St @ Carrall St, conveniently located just 0.09 km away from the property with MLS® R3053789.

The demographics of the area are also worth noting. With 33.2% of the population holding a university certificate or degree, this is a High percentage compared to other BC neighborhoods. On the other hand, 12.7% 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 the property at 310 55 E Cordova Street, Vancouver, BC, is $27,258, which is Low compared to the British Columbia average. The median personal income is also $23,115, which is Low compared to the BC average. However, 85.8% of households in the area have a mortgage, which is High.

Unemployment rates in the area are also worth noting. With a rate of 10.1%, this is Above Average compared to other province neighborhoods.

As we explore the real estate context, we see that the property at 310 55 E Cordova Street, Vancouver, BC, is located in the Downtown VE area, where population change between 2011 and 2016 was 18.5%, which is High compared to average growth rates in the region. The population density per square kilometer in this community is 12,567.4, which is High.

The average size of families in the area is 2.2, which is Low compared to the whole region. The percent of families with children is 25.7%, which is Low. The percent of married or living common law is around 24.4%, which is also Low.

In terms of transportation, 23.6% of the population uses Public Transport, which is Above Average. 23.6% of the population uses Cars, which is Low. 8% of people use Bicycles, which is High. 42.9% of the population walks, which is also High.

As you can see, the property at 310 55 E Cordova Street, Vancouver, BC, MLS® R3053789, offers a unique blend of lifestyle amenities, safety, and security. With its convenient location, excellent schools, and vibrant community, this property is an excellent choice for those seeking a downtown lifestyle.

Average value of dwellings in this neighborhood is $644,599, which is High compared to other areas in British Columbia. Average owner payments are High in the area, with owners spending $1,867 on average for the dwelling. Tenants are paying $914 in this district, which is Below Average compared to other cities.

Lastly, 76.8% of the population in this district are renters, which is High compared to other BC cities and areas. The percent of English and French speakers is 13.1

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 $629,000
Vancouver $619,459
Downtown VE $404,500
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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