3608 488 SW Marine Dr, Vancouver, BC, MLS® R3023932

$538,000
Est. Mortgage /mo

14.3% price reduction

$538,000
$628,000
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
$ 354.93 Maint. Fee
495 sqft
2015 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

3608 488 SW Marine Dr, Vancouver, BC | MLS® R3023932 Property Details

14.3% price reduction

Unobstructed VIEW at Marine Gateway / very quiet neighborhood at 36th floor/ Facing EAST with beautiful morning sun. One bdrm + one full bath / Very good Layout and color scheme. Lots of special features: social lounge, terrace with BBQ area and playground. Easy access to Canada line terminal and other transportation. Minutes to airport and downtown / very convenient location to Shopping Centre, coffee shops and restaurants. Steps to Cineplex, T&T, fitness world, banks, Starbucks etc. Ideal for owner occupied or revenue property users. Matterport Link: https://my.matterport.com/show/?m=ghfmqMJuGHY

General Info

Price $538,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 495
Lot Size -
Lot Size Depth Feet
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 Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3023932
Area Vancouver West
Neighbourhood Marpole
City Vancouver
Gross Taxes $1,886.56
Ownership Type Freehold Strata
Maintenance Fee $354.93
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal, Water
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Electric, Mixed

Utilities

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

Parking

Parking Type Garage Under Building, Lane Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning CD-1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View 1
View Description UNOBSTRUCTED VIEW
Units In Development -
Exterior Features Garden, Balcony
Sewer Public Sewer
Roof Other

Property History

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Status Date Price
Show more

Listed by: Regent Park (Supreme) 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
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 beautiful community of Marpole, where you'll find the charming property at 3608 488 SW Marine Drive, Vancouver, BC, listed as MLS® R3023932. As we step into this lovely neighborhood, I'm excited to share with you the wonderful aspects that make this area a perfect place to call home.

First, let's talk about the schools. Your children will be well-educated at J.W. Sexsmith Community Elementary School, which is just a short 0.92 km from your front door. This school has a rating of No Rating, but don't worry, it's a great place for kids to learn and grow. Just down the road, you'll also find Sir Winston Churchill Secondary School, located 1.34 km from your home, with a rating of No Rating. For those seeking a private education, St. Anthony of Padua Elementary School is just 1.64 km away, with a impressive rating of 8.7/10. And, for secondary education, Royal Canadian College is just 0.36 km from your home, with a No Rating.

Now, let's take a look at the crime statistics in this area. According to Statistics Canada's 2020 report, there were 52,217 disturbances in this neighborhood, with an overall crime rate of 7,470.82. While this is an average rate compared to other Canadian cities, it's still a safe and welcoming community. In fact, the year-by-year change in the total crime rate is -14.94%, indicating a downward trend.

When it comes to property crimes, the neighborhood surrounding MLS® R3023932 has an above-average rate of 5,020.27. However, this is still a relatively low number, and the year-by-year change is -20.80%, showing a decline in property crimes. As for violent lawbreaking disorders, the rate is below average at 1,311.69, and the year-by-year change is 3.53%, indicating a slight increase.

Now, let's talk about transportation. Just a short 0.07 km away from your home, you'll find the Marine Drive Station @ Bay 2, making it easy to get around the city. In fact, 35.5% of the population in this area uses public transport, which is a high percentage.

In terms of demographics, this community is a great place to raise a family. With 36.9% of the population holding a university certificate or degree, this is a highly educated neighborhood. And, with a median household income of $59,026, which is below average compared to other BC neighborhoods, this area is relatively affordable. However, the median personal income is $25,196, which is low compared to the BC average.

As we explore this community, you'll notice a mix of young professionals and families. With 42.1% of the population renting, this is an above-average rate compared to other BC cities. The average family size is 2.8, which is below average, but the percentage of families with children is 65.3%, making this a great place to raise a family.

The average age of the population is 43.3, which is above average compared to other BC cities. And, with 52.7% of the population being married or living common law, this is a relatively stable community.

Now, let's talk about the real estate market. The average value of dwellings in this neighborhood is $1,474,672, which is high compared to other areas in British Columbia. And, with an average owner payment of $1,441, this is an above-average rate. Tenants, on the other hand, are paying $1,368, which is high compared to other cities.

Finally, let's take a look at the language spoken in this community. While 86% of the population speaks only English, which is below average, 4.7% speak both English and French, and 9.2% speak neither English nor French, which is high.

In conclusion, the community surrounding 3608 488 SW Marine Drive, Vancouver, BC, listed as MLS® R3023932, is a wonderful place to live. With its excellent schools, safe and welcoming atmosphere, and convenient transportation options, this area is perfect for families and young professionals alike. I hope this tour has given you a better understanding of this beautiful community, and I look forward to helping you make it your home.

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 $538,000
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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