506 285 E 10th Ave, Vancouver, BC, MLS® R3021800

$687,000
Est. Mortgage /mo

5.6% price reduction

$687,000
$728,000
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
$ 401.44 Maint. Fee
583 sqft
2019 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

506 285 E 10th Ave, Vancouver, BC | MLS® R3021800 Property Details

5.6% price reduction

Welcome to The Independent, A South East facing, 1 Bed and Flex unit, features with efficient, open concept floor plan, flex room up-graded with closet rack with clothes hanger and shelf, 4 pieces bath room, big storage closet, contemporary style gourmet kitchen with stainless steel appliances, in-suite laundry, in-suite HVAC, floor to ceiling windows, large South East exposed balcony. The Independent complex amenities include fitness center, party room, outdoor BBQ, guest suite, workshop, children's play area, dog wash/run. Central location within the city, steps from Main St shops, restaurants, grocery stores, transit routes and upcoming Sky Train Station. 1 EV parking stall # 8 P2, 1 bike storage locker # 12 (Bike room 107) on B/F. Open House Sat Nov 29 2-4 PM

General Info

Price $687,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 583
Lot Size -
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2019
Age Of Building 6
Building Type Apartment/Condo
Property Type Residential
Architecture Style Other
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Microwave, Oven, Range Top
Building Amenities Bike Room, Exercise Centre, Trash, Maintenance Grounds, Management, Recreation Facilities, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3021800
Area Vancouver East
Neighbourhood Mount Pleasant VE
City Vancouver
Gross Taxes $2,235.04
Ownership Type Freehold Strata
Maintenance Fee $401.44
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Trash, Maintenance Grounds, Management, Recreation Facilities, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Heat Pump
Cooling Central Air

Utilities

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

Parking

Parking Type Underground, Side Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning CD-1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter
Interior Features Elevator, Guest Suite
Locker 1
View -
View Description -
Units In Development 258
Exterior Features Garden, Playground, Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property History

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Status Date Price
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Listed by: 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
Florence Nightingale Elementary School
0.42 km

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

Private Schools

Elementary
St.Patrick's Elementary School
0.35 km
6.5/10
Above Average
Secondary
St.Patrick Regional Secondary School
0.23 km

Closest Transit

Bus Stop
Westbound E 10 Ave @ Kingsway
0.01 km
Skytrain
Skytrain @ Broadway-City Hall Stn
1.12 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 506 285 E 10th Avenue, a lovely home in Vancouver's Mount Pleasant neighborhood!

As we step into this charming community, let's start with the local schools that make it an excellent choice for families. Your children will thrive at Florence Nightingale Elementary School, which is just a short 0.42 km away from our property with listing MLS® R3021800. This school has a rating of No Rating, but rest assured, it's a great place for kids to learn and grow.

If you prefer an independent school, St. Patrick's Elementary School is just 0.35 km away, boasting a rating of 6.5/10. And for secondary education, St. Patrick Regional Secondary School is conveniently located just 0.23 km from our home, with a No Rating.

Now, let's talk about the safety and security of our neighborhood. According to the latest crime data from Statistics Canada (2020), our area has an average crime rate of 7,470.82, which is typical for urban areas. However, rest assured that our community is a safe haven for you and your loved ones. The year-over-year change in the total crime rate is a significant -14.94%, demonstrating a decrease in crime over time.

When it comes to specific types of crime, our neighborhood has an average drug crime rate, with 229.49 incidents per 100,000 population. This is similar to other neighborhoods in the area. However, property crimes are slightly above average, with 35,089 incidents in 2020. Don't worry; our community is taking proactive steps to address these issues.

As we explore the lifestyle amenities in our area, you'll find a range of options to suit every taste and preference. The closest bus station, Westbound E 10 Ave @ Kingsway, is just 0.01 km away from our property with MLS® R3021800, making it easy to get around the city.

Now, let's talk about the demographics of our neighborhood. A significant 43.8% of residents in this area have a university certificate or degree, which is high compared to other BC neighborhoods. On the other hand, 7.6% of the population has no certificate or degree, which is low compared to the average in BC.

In terms of income, the median household income near our property is $67,776, which is average compared to the BC average. However, the median personal income is $41,259, which is above average in comparison to the BC average. Interestingly, 79.1% of households in our area have a mortgage, which is high compared to other neighborhoods.

Our community is also known for its low unemployment rate of 4.2%, which is lower than the average in other BC neighborhoods.

As we look at the population growth in our area, we see that it has increased by 7.8% between 2011 and 2016, which is above average compared to the growth rate in this region.

Now, let's talk about the average age of our residents, which is 38.5 years old, which is below average compared to other BC cities.

In terms of housing, the average value of dwellings in our neighborhood is $756,025, which is high compared to other areas in British Columbia.

As for the cost of owning or renting a home in our area, the average owner payments are high, with $1,751 spent per month on average. Tenants are paying $1,196 per month, which is above average compared to other cities.

Interestingly, 65.4% of the population in our area are renters, which is high compared to other BC cities and areas.

Finally, let's look at the transportation options in our neighborhood. A significant 31.8% of residents use public transport, which is high compared to other areas. On the other hand, 38% of residents use cars, which is low compared to other neighborhoods.

In conclusion, 506 285 E 10th Avenue is a wonderful home in a safe and vibrant community. With its proximity to excellent schools, safe neighborhoods, and a range of lifestyle amenities, it's an excellent choice for families and individuals alike.

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 $687,000
Vancouver $667,494
Mount Pleasant VE $668,300
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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