315 55 E Cordova St, Vancouver, BC, MLS® R3080665

$685,000
Est. Mortgage /mo

$685,000
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
$ 563.63 Maint. Fee
933 sqft
2006 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

315 55 E Cordova St, Vancouver, BC | MLS® R3080665 Property Details

Fantastic Live/Work Loft in The Heart Of Gastown! Professionally designed with Flare by one of Vancouver Best Interior Designers Alda Pereira! Koret Lofts is a true brick and stick warehouse conversion. Open loft space with original brick wall and solid wood beams. Full open concept with 10' high ceilings, gas range in the kitchen, Bamboo laminate flooring, a mosaic tiled shower hall, and exposed tub, all surrounded and framed with translucent black glass panels. A truly special home! Koret lofts are zoned for both commercial and residential use, ideal for live/work or rental opportunities.

General Info

Price $685,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 933
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2006
Age Of Building 20
Building Type Apartment/Condo
Property Type Residential
Architecture Style Live/Work Studio, Loft/Warehouse Conv.
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Gas, Management, Sewer, Snow Removal, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3080665
Area Vancouver East
Neighbourhood Downtown VE
City Vancouver
Gross Taxes $2,320.74
Ownership Type Freehold Strata
Maintenance Fee $563.63
Community Features Gated, Shopping Nearby
Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Gas, Management, Sewer, Snow Removal, Water
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type None
Total Parking Spaces -

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions
Rental Restrictions -
Zoning HA-2
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Other
Interior Features Elevator
Locker -
View 1
View Description CITY
Units In Development 118
Exterior Features Garden, No Outdoor Area
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Torch-On

Property History

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Status Date Price
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Listed by: Macdonald Realty Westmar

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 315 55 E Cordova Street, a prime property in the heart of Vancouver's Downtown Eastside.

As we walk through this vibrant neighborhood, let's start with the schools. This beautiful home, listed as MLS® R3080665, is conveniently located near Lord Strathcona Community Elementary School, a short 0.78 km away. With a rating of No Rating, families appreciate the school's commitment to providing a well-rounded education. Lord Strathcona Community Elementary School is an excellent choice for parents looking for a community-driven school.

In addition to Lord Strathcona Community Elementary School, this property is also serviced by Britannia Community Secondary School, a 2.48 km walk away. With a rating of No Rating, parents can trust that their children will receive a quality education in a supportive environment.

For families seeking an independent school option, The Westside School is the closest elementary school, located 0.91 km from this property. With a rating of No Rating, The Westside School is an excellent choice for parents seeking a more personalized education.

For secondary independent school options, Sino Bright School BC is the closest school, located 0.49 km from this property. With a rating of No Rating, Sino Bright School BC offers a unique and enriching educational experience for students.

Now, let's talk about the safety of this neighborhood. According to the latest crime data from Statistics Canada (2020), there were 52,217 vocation disturbances in this area. The overall crime rate near 315 55 E Cordova Street, Vancouver, BC is 7,470.82, which is Average compared to other Canadian cities. While there were some fluctuations, the overall crime rate has decreased by 14.94% year-over-year.

In terms of specific crime types, the drug crime rate near MLS® R3080665 is Average, with a rating of 229.49. There were 1,604 illegal substances lawbreaking disturbances in 2020. The year-over-year change in the illegal substances offences ranking is 1.58%.

Property crimes in this neighborhood are Above Average, with a rating of 5,020.27. There were 35,089 property crimes in 2020. The year-over-year change in the property misconduct rate is -20.80%.

Lastly, the violent crime rate in this area is Below Average, with a rating of 1,311.69. There were 9,168 violent lawbreaking disorders in 2020.

Convenience and Lifestyle

Now, let's talk about the convenience of this property. The closest bus station is Eastbound W Cordova St @ Carrall St, just 0.09 km away from this listing. With a short walk, you can access public transportation, making it easy to get around the city.

Demographics and Community

This neighborhood is known for its diverse community. 33.2% of the population holds a university certificate or degree, which is High compared to other BC neighborhoods. In contrast, 12.7% of the population in this area has no certificate or degree, which is Below Average compared to the average in BC.

The median household income near this property is $27,258, which is Low compared to the British Columbia average. The median personal income is $23,115, also Low compared to the BC average. However, 85.8% of households in this neighborhood have a mortgage, which is High.

Transportation and Commuting

Unemployment rates in this area are Above Average at 10.1%. However, the population change between 2011 and 2016 was 18.5%, which is High compared to average growth rates in this region.

The population density per square kilometer in this community is 12,567.4, which is High. Average family size in this 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 24.4%, also Low.

The average age of the population in this area is 45.4, which is Above Average compared to other BC cities.

Real Estate and Home Ownership

The 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 this area, with owners spending an average of $1,867 per month. Tenants, however, pay an average of $914 per month, which is Below Average compared to other cities.

76.8% of the population in this district are renters, which is High compared to other BC cities and areas.

Language and Transportation

The percent of English and French speakers in this area is 13.1%, which is Above Average. The percent of English speakers only is

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 $685,000
Vancouver $821,476
Downtown VE $726,667
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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