408 2388 Western Parkway, Vancouver, BC, MLS® R3083787

$688,000
Est. Mortgage /mo

NEW 18.9% cheaper than comparables

$688,000
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
$ 357.69 Maint. Fee
682 sqft
2005 built
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Schools
Crime
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408 2388 Western Parkway, Vancouver, BC | MLS® R3083787 Property Details

18.9% cheaper than comparables

Welcome to this nicely maintained top-floor 1 bedroom, 1 bathroom home in sought-after UBC. Thoughtfully designed by Lloyd Wright and built by Polygon with quality materials. Enjoy a bright and spacious open floor plan, a cozy fireplace for added ambiance, and a large covered balcony overlooking a peaceful courtyard. Steps to transit, schools, and shopping. Includes one parking stall - perfect for living or investing. Don't miss this one!

General Info

Price $688,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 682
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2005
Age Of Building 21
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Caretaker, Trash, Maintenance Grounds, Hot Water, Management
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3083787
Area Vancouver West
Neighbourhood University VW
City Vancouver
Gross Taxes $1,894.88
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $357.69
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Maintenance Grounds, Hot Water, Management
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type Underground, Guest
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 RES
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter
Interior Features Elevator
View -
View Description -
Units In Development -
Exterior Features Garden, Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Torch-On

Property History

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Status Date Price
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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
University Hill Secondary School
1.09 km
Elementary
University Hill Elementary School
Average
1.24 km
6.4/10

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

Private Schools

Elementary, Secondary
Eaton Arrowsmith School
0.47 km
Elementary, Secondary
Eaton Arrowsmith School
0.47 km

Closest Transit

Bus Stop
Northbound Wesbrook Mall @ Agronomy Rd
0.14 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
8.72 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 408 2388 Western Parkway, a stunning property nestled in the heart of Vancouver, BC! As your trusted realtor, I'm excited to share with you the unique features and benefits of this incredible home.

Education:

Just a short stroll from 408 2388 Western Parkway, you'll find University Hill Elementary School, rated 6.4/10. This highly-rated school is just 1.24 km away, making it an ideal choice for families. Additionally, University Hill Secondary School, located 1.09 km from the property, offers a range of academic programs for students. As a parent, you'll appreciate the proximity of these schools to your new home, making it easy to drop off and pick up your children.

Safety:

According to recent crime statistics from Statistics Canada, the community surrounding 408 2388 Western Parkway has an average crime rate, with 7,880.54 incidents per 100,000 population in 2020. While this number may seem high, it's essential to note that this is still lower than the national average. As a resident of this area, you can feel confident in the safety of your community.

Demographics:

This charming neighborhood is home to a diverse population, with 57.1% of residents holding a university certificate or degree, which is significantly higher than the BC average. In contrast, only 5.3% of residents in this area have no certificate or degree, making it a great place to raise a family or start a career. The median household income is $48,141, which is lower than the BC average, but the median personal income is $22,217, also lower than the provincial average.

Transit:

Getting around Vancouver is a breeze from 408 2388 Western Parkway. The Northbound Wesbrook Mall @ Agronomy Rd bus station is just 0.14 km away, providing easy access to public transportation. With 54.2% of the population relying on public transportation, this area is well-connected to the rest of the city.

Lifestyle Amenities:

This neighborhood offers a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. Residents can enjoy a mix of urban and natural environments, making it an ideal place to live, work, and play.

Real Estate Context:

The average dwelling value in this neighborhood is $1,434,543, which is significantly higher than the BC average. However, the average owner payments are high, with owners spending an average of $1,897 per month. In contrast, tenants are paying $1,634 per month, also higher than the provincial average.

Community Features:

This community is characterized by a high percentage of renters, with 54.2% of the population renting their homes. The population density is 1,986.7 people per square kilometer, which is above average. The average family size is 2.9, which is average compared to the region. The average age of the population is 34.4, which is lower than the BC average.

Public Transportation:

Residents of 408 2388 Western Parkway use public transportation extensively, with 23.9% of the population relying on buses. In contrast, 35.6% of residents use cars, which is lower than the provincial average. 7.7% of residents use bicycles, which is higher than the average, and 31.3% of residents walk, also higher than the average.

Experience the Best of Vancouver:

408 2388 Western Parkway, MLS®R3083787, is a rare opportunity to experience the best of Vancouver. With its prime location, excellent schools, and access to public transportation, this property is perfect for families, professionals, or anyone looking for a unique lifestyle. Contact me today to schedule a viewing and make this property your dream 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 $688,000
Vancouver $592,204
University VW $780,500
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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