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Welcome to Unit 510 at 38 W 1st Avenue, ideally located in the heart of Olympic Village. This bright 1 bedroom + solarium home offers a smart, functional layout with contemporary finishes, generous storage, and expansive windows that flood the space with natural light throughout the day. Off the kitchen is a built-in bar or office space, offering excellent flexibility for working from home, entertaining, or additional dining. The open living area is ideal for both everyday living and hosting guests. Enjoy true urban living with shops, cafés, acclaimed restaurants, transit, and the Seawall just steps from your door. A fantastic opportunity for end-users or investors seeking style, convenience, walkability, and long-term value in one of Vancouver’s most vibrant neighbourhoods.
General Info
Property Metrics
Additional Details
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Parking
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 10' x 10' ft |
| Main Level | Kitchen | 10' x 10' ft |
| Main Level | Primary Bedroom | 9'3 x 9'3 ft |
| Main Level | Walk-In Closet | 4'7 x 4'7 ft |
| Main Level | Solarium | 7'6 x 7'6 ft |
| Main Level | Bar Room | 4'5 x 4'5 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #4 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
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Noise/ Power Lines
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Welcome to 510 38 W 1st Avenue, Vancouver, BC - MLS® R3086864
As we walk through the vibrant neighborhood of 510 38 W 1st Avenue, Vancouver, BC, you'll notice the perfect blend of urban living and community spirit. This stunning property, MLS® R3086864, is nestled in a location that offers easy access to top-rated schools, excellent amenities, and convenient transportation options.
Education
Families love this area because of the excellent educational opportunities available. The property is serviced by Simon Fraser Elementary School, which is just a 1.45 km walk away. With a rating of 5.9/10, this school provides a solid foundation for young minds. If you're looking for an independent school option, St. Francis Xavier is just 0.82 km away and boasts a rating of 9.8/10. For secondary education, Columbia College is a mere 0.74 km away, offering a rating of No Rating.
Safety and Crime Rate
According to Statistics Canada's 2020 report, the neighborhood surrounding 510 38 W 1st Avenue has an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. In terms of property crimes, the rate is Above Average, with 35,089 incidents reported in 2020. However, the violent crime rate is Below Average, with 1,311.69 incidents reported. With a -14.94% year-over-year change in the total crime rate, this neighborhood is generally safe and secure.
Demographics and Lifestyle
The demographics of this neighborhood are equally impressive. With 58.9% of residents holding a university certificate or degree, this area is considered High in terms of education. Furthermore, the median household income is $89,971, which is Above Average compared to the British Columbia average. The average age of the population is 39, which is Below Average in comparison to other BC cities.
Transportation and Amenities
Convenience is key in this neighborhood, with the Eastbound E 2nd Ave @ Ontario St bus station just 0.12 km away from the property. For those who prefer to drive, the proximity to major highways and the city center makes it easy to get around. As for amenities, the neighborhood is surrounded by a variety of parks, beaches, trails, and shopping centers, including the popular False Creek area.
Real Estate Context
With an average dwelling value of $814,643, this neighborhood is considered High compared to other areas in British Columbia. The average owner payments are $1,860, while tenants pay an average of $1,709. At 45.7%, the percentage of renters in this area is Above Average compared to other BC cities.
Insider Tips
As a trusted realtor with over a decade of experience in British Columbia real estate, I can assure you that this neighborhood is a hidden gem. With its excellent schools, low crime rate, and convenient transportation options, this area is perfect for families, professionals, and anyone looking for a vibrant and community-driven lifestyle.
Your Home Awaits
510 38 W 1st Avenue, Vancouver, BC - MLS® R3086864 is a rare find in the heart of the city. Don't miss out on this opportunity to own a piece of Vancouver's history. Contact me today to schedule a viewing and make this property your home.
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