501 5598 Ormidale St, Vancouver, BC, MLS® R3082998

$565,000
Est. Mortgage /mo

NEW

$565,000
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
$ 405.49 Maint. Fee
583 sqft
2017 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

501 5598 Ormidale St, Vancouver, BC | MLS® R3082998 Property Details

Welcome to Wall Centre Central Park, stunning towers designed by award-winning GBL Architects. This clean, spotless, and move-in ready east-facing home is perfectly positioned on the quiet side of the building and thoughtfully laid out to maximize space and functionality. Features include a modern kitchen with quartz countertops and stainless steel appliances with gas range, plus contemporary finishes throughout. Enjoy exceptional amenities including a fitness centre, 60-foot lap pool, hot tub, meeting rooms, on-site caretaker, and lush garden spaces. One parking stall included. Ideally located within walking distance to Metrotown, Crystal Mall, Central Park, BCIT, Joyce-Collingwood SkyTrain Station, and major transit routes—urban convenience at its best.

General Info

Price $565,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 583
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2017
Age Of Building 9
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Exercise Centre, Trash, Maintenance Grounds, Hot Water, Snow Removal, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3082998
Area Vancouver East
Neighbourhood Collingwood VE
City Vancouver
Gross Taxes $1,808.6
Ownership Type Freehold Strata
Maintenance Fee $405.49
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Trash, Maintenance Grounds, Hot Water, Snow Removal, Water
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard

Utilities

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

Parking

Parking Type Underground, Rear Access
Total Parking Spaces 1

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Strata Restrictions Rentals Allowed,Rentals Allwd w/Restrctns
Rental Restrictions -
Zoning APT
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter
Interior Features Elevator
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Sutton Group-West Coast 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

Elementary
Graham Bruce Community Elementary School
1.04 km
Secondary
Windermere Community Secondary School
1.87 km

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

Private Schools

Elementary
St.Mary's School
0.83 km
9.4/10
Excellent
Secondary
Vancouver Formosa Academy
1.58 km

Closest Transit

Bus Stop
Westbound Kingsway @ Boundary Rd
0.08 km
Skytrain
Skytrain @ Joyce Stn
0.81 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 501 5598 Ormidale Street, a charming home in the vibrant neighborhood of Collingwood VE, Vancouver, BC, with the listing MLS® R3082998.

As a trusted realtor, I'm excited to share with you the highlights of this fantastic property. Let's start with the schools. The home is serviced by Graham Bruce Community Elementary School, located just 1.04 km away. This school has a rating of No Rating, but we know that the community values education and takes pride in its schools.

Speaking of community, Windermere Community Secondary School is also nearby, just 1.87 km from the property. This school has a rating of No Rating, but it's a great option for families who value a strong secondary education.

For those seeking a more unique educational experience, St. Mary's School, an independent elementary school, is just 0.83 km away, boasting a stellar rating of 9.4/10. Vancouver Formosa Academy, an independent secondary school, is also nearby, located 1.58 km from the property.

Safety and Crime Rates

Now, let's talk about safety. The crime data from Statistics Canada for 2020 indicates that there were 52,217 disturbances in this neighborhood, with an overall crime rate of 7,470.82. While this may seem high, it's essential to note that it's Average compared to other Canadian cities. The year-over-year change in the total crime rate is -14.94%, which is a positive trend.

Breaking down the crime statistics further, we see that the drug crime rate is Average, with a rating of 229.49, and 1,604 illegal substances lawbreaking disturbances in 2020. The year-over-year change in the illegal substances offenses ranking is 1.58%.

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

Violent lawbreaking disorders totaled 9,168 in 2020, with a rate of 1,311.69, which is Below Average. The year-over-year change in the violent crime rate is 3.53%.

Demographics and Lifestyle

The demographics of this neighborhood are fascinating. According to the latest data, 39% of people with a university certificate or degree live in this neighborhood, which is High compared to other BC neighborhoods. Conversely, 11.8% of the population in this neighborhood have no certificate or degree, which is Low compared to the average in BC.

The median household income near this dwelling is $57,723, which is Below Average in comparison to the British Columbia average. However, 68.5% of households in this census subdivision have a mortgage, which is Above Average.

The unemployment rate in this area is 5.9%, which is Below Average compared to other province neighborhoods.

Transportation and Commuting

This home is conveniently located near public transportation. The closest bus station, Westbound Kingsway @ Boundary Rd, is just 0.08 km away from the property.

When it comes to commuting, 52.1% of the population in this area uses public transport, which is High, while 43.8% use cars, which is Low. 1.3% of people use bicycles, which is Average, and 2.4% of the population walks, which is Below Average.

Real Estate Context

The average value of dwellings in this neighborhood is $384,154, which is Average compared to other areas in British Columbia. The average owner payments are Average, with homeowners spending $1,145 per month on their dwelling. Tenants, on the other hand, pay $1,270 per month, which is Above Average.

Final Thoughts

In conclusion, 501 5598 Ormidale Street, Vancouver, BC, with the listing MLS® R3082998, is a fantastic home in a vibrant neighborhood with a strong sense of community. With its convenient location, excellent schools, and a range of lifestyle amenities, this property is sure to appeal to families and individuals alike.

As your trusted realtor, I'm here to guide you through the home-buying process and ensure that you find your perfect match. Contact me today to schedule a viewing and make this property your dream home!

Statistics Canada, 2020.

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 $565,000
Vancouver $631,988
Collingwood VE $538,826
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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