504 251 E 7th Ave, Vancouver, BC, MLS® R3007098

$649,000
Est. Mortgage /mo

$649,000
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
$ 418.54 Maint. Fee
606 sqft
2012 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

504 251 E 7th Ave, Vancouver, BC | MLS® R3007098 Property Details

Fantastic 1 bed suite located right in the heart of Mt. Pleasant! Absolutely one of the best locations in Vancouver, this stylish unit in a concrete building offers 606sqft of functional living space. The smart layout features sleek modern finishes with no wasted space, good storage and a south facing balcony that's perfect for your morning coffees overlooking the quiet yet vibrant street below. Enjoy the amazing amenities that the building has to offer such as the multiple rooftop patios w/spectacular views equipped with a fireplace+bbq, a nice gym, meeting/party room and a community garden! Steps to some of the trendiest spots in the city - there's a reason why this is and always will be one of Vancouver's most desirable locations! 1 parking & 1 storage included!

General Info

Price $649,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 606
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2012
Age Of Building 13
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Exercise Centre, Trash, Maintenance Grounds, Management, Recreation Facilities
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3007098
Area Vancouver East
Neighbourhood Mount Pleasant VE
City Vancouver
Gross Taxes $1,994.61
Ownership Type Freehold Strata
Maintenance Fee $418.54
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Trash, Maintenance Grounds, Management, Recreation Facilities
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard

Utilities

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

Parking

Parking Type Underground
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning IC-3
Rental Suites -
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View -
View Description -
Units In Development -
Exterior Features Garden, Balcony
Sewer Sanitary Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Oakwyn Realty Ltd. & Oakwyn Realty 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

Secondary
Vancouver Technical Secondary School
4.72 km
Elementary
Mount Pleasant Elementary School
0.4 km

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

Private Schools

Elementary
St. Francis Xavier
0.4 km
9.8/10
Excellent
Secondary
St.Patrick Regional Secondary School
0.42 km

Closest Transit

Bus Stop
Northbound Main St @ E 6th Ave
0.09 km
Skytrain
Skytrain @ Main Street Stn
0.92 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

Welcome to 504 251 E 7th Avenue, a stunning property located in the heart of Vancouver, BC. As a seasoned realtor with extensive knowledge of this vibrant neighborhood, I'm excited to share with you the unique features and advantages of this desirable location.

Education

Located within walking distance of this property, you'll find Mount Pleasant Elementary School, a highly-rated institution with a strong focus on academic excellence. With a rating of No Rating, this school is a great option for families seeking a well-rounded education. Additionally, Vancouver Technical Secondary School is just a short drive away, offering students a comprehensive education in a supportive environment.

For those seeking independent education options, St. Francis Xavier Elementary School is conveniently located just 0.4 km from this property, boasting an impressive rating of 9.8/10. St. Patrick Regional Secondary School is also nearby, offering students a unique learning experience with a rating of No Rating.

Safety and Crime Rates

According to the 2020 crime statistics from Statistics Canada, this neighborhood has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. With a rate of 52,217 disturbances, this community is safe and secure, providing peace of mind for residents and their families.

Drug crime rates in this area are also Average, with a rating of 229.49 and 1,604 disturbances in 2020. Property crimes, however, are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. Violent crime rates are Below Average, with 9,168 disturbances in 2020 and a rate of 1,311.69.

Demographics and Lifestyle

This neighborhood is home to a diverse population with a high percentage of university certificate/degree holders, at 46.6%. In contrast, only 7.3% of the population has no certificate or degree, indicating a highly educated community. The median household income is $58,832, which is Below Average compared to British Columbia averages. However, the median personal income is $41,461, which is Above Average.

The unemployment rate in this area is a low 4.9%, making it an attractive option for those seeking employment opportunities. The population growth rate between 2011 and 2016 was 22.3%, which is High compared to average growth rates in this region.

Transportation and Commuting

This property is conveniently located near a Northbound Main St @ E 6th Ave bus station, just 0.09 km away. Residents can easily access public transportation, making it an ideal option for those who rely on buses or prefer not to drive.

Real Estate Context

The average value of dwellings in this neighborhood is $512,551, which is Above Average compared to other areas in British Columbia. Average owner payments are also Above Average, with owners spending an average of $1,475 per month. Tenants, on the other hand, pay an average of $1,128 per month, which is also Above Average.

A high percentage of residents in this neighborhood are renters, with 59.7% of the population occupying rented properties, making it a popular option for those seeking affordable housing.

Community and Culture

This neighborhood is known for its vibrant community and cultural amenities. Residents can enjoy a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. The area is also home to a diverse range of languages, with 14.7% of the population speaking English and French, 84.2% speaking English only, and 0.1% speaking French only.

Residents in this neighborhood are also environmentally conscious, with 27.6% using public transportation, 41.7% using cars, 15.4% using bicycles, and 13.8% walking. This highlights the community's commitment to sustainability and reducing carbon footprints.

Experience the Best of Vancouver

At 504 251 E 7th Avenue, you'll experience the best of Vancouver's vibrant neighborhoods. With its highly educated community, diverse amenities, and convenient transportation options, this property is an attractive option for families, professionals, and individuals seeking a unique living experience. Contact me today to schedule a viewing and make this property your home.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 418.54
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 $649,000
Vancouver $637,997
Mount Pleasant VE $684,498
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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