405 1502 Island Park Walk, Vancouver, BC, MLS® R2839361

$699,000
Est. Mortgage /mo

Closed

$685,000
Closed at 06 Feb 2024
Listing price: $699,000
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
$ 585.47 Maint. Fee
954 sqft
1989 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

405 1502 Island Park Walk, Vancouver, BC | MLS® R2839361 Property Details

Stunning location, spectacular views, False Creek waterfront! This huge one bedroom suite has amazing views of the City, Granville Island the marina, and the amazing landscaped grounds of The Lagoons. 64 sq ft balcony off living room. Woodburning fireplace, new carpet and new paint. This is a unique top floor view home - one parking and a storage locker. Walk out the front door to the seawall, Granville Island, restaurants, theater, biking, boats and a wonderful lifestyle! The City of Vancouver land lease expires in 2046 with the option to purchase another 20 years until 2066.

General Info

Price $699,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 954
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1989
Age Of Building 35
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Dishwasher, Microwave, Oven, Range Top
Building Amenities Trash
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R2839361
Area Vancouver West
Neighbourhood False Creek
City Vancouver
Gross Taxes $2,294.09
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $585.47
Community Features Shopping Nearby
Amenities Nearby Trash
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type Underground, Side Access, Garage Door Opener
Total Parking Spaces 1

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Strata Restrictions No Restrictions
Rental Restrictions -
Zoning FCCDD
Rental Suites -
# of Kitchens 1
Flooring Mixed, Carpet
Foundation Concrete Perimeter
Locker -
View 1
View Description city view, water, marina
Units In Development -
Exterior Features Balcony
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX Select Properties

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
Kitsilano Secondary School
2.11 km
Elementary
Henry Hudson Elementary School
Average
0.77 km
6.2/10

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

Private Schools

Elementary
Anchor Point Montessori
0.91 km
Secondary
Century High School
0.94 km

Closest Transit

Bus Stop
Westbound W 2nd Ave @ Anderson St
0.09 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
1.23 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

405 1502 Island Park Walk is serviced by Henry Hudson Elementary School. The property with listing MLS® R2839361 is located 0.77 km from the school. Henry Hudson Elementary School has a rating of Rating 6.2/10.

This home with address 405 1502 Island Park Walk, Vancouver, BC is also serviced by Kitsilano Secondary School and located 2.11 km from it. Kitsilano Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 405 1502 Island Park Walk is Anchor Point Montessori with School's rating No Rating, located 0.91 km from this home.

The closest to this address 405 1502 Island Park Walk Secondary independent school is Century High School with School's rating No Rating, located 0.94 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 405 1502 Island Park Walk, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2839361 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 405 1502 Island Park Walk are Above Average. Property misconduct rating adjacent to MLS® R2839361 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Westbound W 2nd Ave @ Anderson St in 0.09 km away from this listing with - MLS® R2839361.

51.2% of people with university certificate/degree live in this neighbourhood adjacent to the 405 1502 Island Park Walk which is High in comparison with other BC neighbourhoods. 4.9% of population in this neighbourhood that is near the Listing MLS® R2839361 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 405 1502 Island Park Walk, Vancouver, BC is $78176 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2839361 is $48314 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 44.8% which is Low.

Unemployment rate in the area around Real Estate Listing # R2839361 is 5.8 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 405 1502 Island Park Walk False Creek where population change between 2011 and 2016 was 3.1%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 405 1502 Island Park Walk, Vancouver, BC is 7014.6 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 405 1502 Island Park Walk is 2.5. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2839361 is 43.7% and it is Low. % of Married or living common law is around 54.8% and it is Below Average.

Average age of the population close to the 405 1502 Island Park Walk is 50.6 . This percentage is High in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 405 1502 Island Park Walk, Vancouver, BC is $822354 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 405 1502 Island Park Walk. $1428 owners spent in average for the dwelling. Tenants are paying $1351 in this district close to MLS® R2839361 and it is High comparing to other cities.

48% of Population in this district near the 405 1502 Island Park Walk are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 405 1502 Island Park Walk, Vancouver, BC is 14.5%, it is Above Average, % of English speakers only is 84.1% and Below Average. % of French speakers adjacent to 405 1502 Island Park Walk only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 405 1502 Island Park Walk, Vancouver, BC is 1.2% and it is Average comparing to other BC cities.

27.2% of all population in the area around this property with the address 405 1502 Island Park Walk, Vancouver, BC using Public Transport which is High, 45.6% of using population are using Cars around MLS® R2839361, which is Low. 6.9% of people using Bicycles around the 405 1502 Island Park Walk and it is High. 19% of population are walking which is High

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 585.47
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 $699,000
Vancouver $771,311
False Creek $879,000
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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