502 111 E 1st Ave, Vancouver, BC, MLS® R3077476

$1,050,000
Est. Mortgage /mo

$1,050,000
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
2 Beds
2 Baths
0 Stories
$ 760.92 Maint. Fee
966 sqft
2016 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

502 111 E 1st Ave, Vancouver, BC | MLS® R3077476 Property Details

CORNER UNIT with AC! Block 100 by Onni. Spacious 2 bed 2 bath+DEN + FLEX. Full size kitchen w/island, ample storage, luxury s/s appliances including 5 burner gas cooktop. Updates to the home including custom millwork, new title in the office, a built-in bar with wine fridge, updated kitchen hardware, a tile backsplash, and paneling throughout the living spaces and entryway. Radiant heated bathroom floors. Excellent amenities with well equipped gym, rooftop garden, entertainment party rooms & concierge services. Popular location offering all the conveniences of Mount Pleasant and Olympic Village. Easy access to seawall,skytrain & downtown. Large in-suite storage, 1 storage locker and 1 EV parking. Home featured in Western Living & Vancouver Magazine. Short term rental allowed.

General Info

Price $1,050,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 966
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2016
Age Of Building 10
Building Type Apartment/Condo
Property Type Residential
Stories -
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Bike Room, Clubhouse, Exercise Centre, Caretaker, Maintenance Grounds, Hot Water, Management, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3077476
Area Vancouver East
Neighbourhood Mount Pleasant VE
City Vancouver
Gross Taxes $3,330.31
Ownership Type Freehold Strata
Maintenance Fee $760.92
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Caretaker, Maintenance Grounds, Hot Water, Management, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace 0
Heating Type Forced Air, Heat Pump, Radiant
Cooling Central Air

Utilities

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

Parking

Parking Type Underground
Total Parking Spaces 1

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Strata Restrictions Pets Allowed,Rentals Allowed
Pet Restrictions Yes
Rental Restrictions -
Zoning CD-1
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Torch-On

Property History

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Status Date Price
Show more

Listed by: Royal Pacific Realty (Kingsway) Ltd. & Royal Pacific Realty (Kingsway) Ltd.

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
Simon Fraser Elementary School
Average
1.53 km
5.9/10

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

Private Schools

Elementary
St. Francis Xavier
0.67 km
9.8/10
Excellent
Secondary
Columbia College
0.53 km

Closest Transit

Bus Stop
Southbound Main St @ Switchmen St
0.1 km
Skytrain
Skytrain @ Main Street Stn
0.32 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

Here's the rewritten text in the style of a warm and knowledgeable realtor, incorporating the given keywords naturally and seamlessly:

Welcome to 502 111 E 1st Avenue, a beautiful home for sale in the heart of Vancouver, BC, listed under MLS® R3077476. As we walk through this charming community, I'd like to share with you some of the exciting features that make it a great place to call home.

Let's start with the schools. Your child will thrive at Simon Fraser Elementary School, rated 5.9/10 by the community, just a 1.53 km stroll from our property for sale. This elementary school is a fantastic option for families, and I've had the pleasure of working with many families who have chosen it for their children.

Of course, being part of a vibrant community means having access to top-notch education. That's why I'm excited to share with you that St. Francis Xavier, an independent elementary school, is just a 0.67 km walk from our home, boasting an impressive rating of 9.8/10. As for secondary education, Columbia College is conveniently located just 0.53 km away, offering a unique learning experience for your child.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), our neighborhood has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. This means you can enjoy peace of mind living here. Specifically, the drug crime rate is Average, with 229.49 incidents per 100,000 population, and a year-over-year change of 1.58%. Property crimes in the area are Above Average, with 5,020.27 incidents per 100,000 population, but the good news is that this rate has decreased by 20.80% over the past year. I'm pleased to report that violent lawbreaking disorders are Below Average, with a rate of 1,311.69 incidents per 100,000 population, and a year-over-year change of 3.53%.

As we explore the neighborhood, you'll find that public transportation is convenient, with the Southbound Main St @ Switchmen St bus station just 0.1 km away from our property for sale listed under MLS® R3077476.

Now, let's dive into the demographics. Did you know that 58.9% of the population in our neighborhood has a university certificate or degree, which is High compared to other BC neighborhoods? This means you'll be living among a highly educated and motivated community. On the other hand, 2.8% of the population in our neighborhood has no certificate or degree, which is Low compared to the average in BC.

Regarding income, the median household income in our neighborhood is $89,971, which is Above Average compared to the British Columbia average. The median personal income is $57,280, which is High compared to the BC average. And, 72.3% of households in our neighborhood have a mortgage, which is High compared to other areas.

Unemployment rates in our area are Low, at 4.2%, which is great news for job seekers. As for population growth, our neighborhood has experienced a High rate of change between 2011 and 2016, with a growth rate of 69.4%.

As we walk around the neighborhood, you'll notice a High population density of 8,935.3 people per square kilometer. The average family size in our area is 2.4, which is Low compared to the whole region. Additionally, 33% of families in our neighborhood have children, which is Low, but 58% of residents are married or living common law, which is Average.

The average age of the population in our neighborhood is 39, which is Below Average compared to other BC cities. And, the average value of dwellings in our neighborhood is $814,643, which is High compared to other areas in British Columbia.

As a homeowner, you can expect to pay around $1,860 per month in average owner payments. Tenants in our area pay around $1,709 per month, which is High compared to other cities. And, 45.7% of the population in our neighborhood are renters, which is Above Average compared to other BC cities and areas.

Finally, let's talk about language. 13.3% of the population in our neighborhood speak both English and French, which is Above Average. 85.4% of residents speak only English, which is Below Average, while 0.1% speak only French, which is Low. And, 1.3% of the population in our neighborhood speak neither English nor French, which is Average.

As we conclude our tour of 502 111 E 1st Avenue, I hope you can see why I'm

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 $1,050,000
Vancouver $916,507
Mount Pleasant VE $982,939
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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