601 1050 Burrard St, Vancouver, BC, MLS® R3058861

$949,000
Est. Mortgage /mo

$949,000
$979,000
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
1 Stories
$ 876.18 Maint. Fee
1163 sqft
1995 built
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Photos
Map
Street view
Schools
Crime
Commute
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601 1050 Burrard St, Vancouver, BC | MLS® R3058861 Property Details

Investor Alert Airbnb allowed! Live steps from everything Downtown Vancouver has to offer in this bright 1,163 SQFT corner apartment at the Wall Centre. This spacious 2 bedroom, 2 full bath and den offers comfort and convenience with private treed outlook balcony, in-suite laundry, 1 parking and storage locker. Pet ok with strata approval. Floor-to-ceiling windows fill the space with natural light, while central A/C keeps you comfortable year-round. Enjoy first class resort-style amenities including access to the Wall Centre Hotel recreation centre for a modest monthly fee.

General Info

Price $949,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1163
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1995
Age Of Building 30
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Caretaker, Trash, Maintenance Grounds, Hot Water, Management
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3058861
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Gross Taxes $3,417.62
Ownership Type Freehold Strata
Maintenance Fee $876.18
Community Features Shopping Nearby
Amenities Nearby Caretaker, Trash, Maintenance Grounds, Hot Water, Management

Heating & Cooling

Fireplace -
Heating Type Heat Pump
Cooling Central Air, Air Conditioning

Utilities

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

Parking

Parking Type Garage Under Building
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Restrictions 100
Zoning CD-1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Carpet
Foundation Concrete Perimeter
Interior Features Elevator
Locker 1
View -
View Description -
Units In Development 227
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Maple Supreme Realty Inc.

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
King George Secondary School
1.25 km
Elementary
Lord Strathcona Community Elementary School
1.03 km

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

Private Schools

Elementary
Anchor Point Montessori
0.45 km
Secondary
Pattison School
0.16 km

Closest Transit

Bus Stop
Northbound Burrard St @ Comox St
0.07 km
Skytrain
Skytrain @ Vancouver City Centre Stn
0.67 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 601 1050 Burrard Street, a vibrant address in the heart of Vancouver's Downtown VW community. As we step into this stunning home, I'd like to highlight the excellent educational institutions nearby, which are a top priority for many families.

Located just a short 1.03 km from Lord Strathcona Community Elementary School, this residence is perfectly situated for families with young children. Lord Strathcona Community Elementary School boasts a strong community feel, with a rating of No Rating, making it an excellent choice for those seeking a supportive learning environment. Just down the road, you'll find King George Secondary School, also with a rating of No Rating, offering a comprehensive education for students in grades 8-12.

For families seeking an independent school education, Anchor Point Montessori is conveniently located just 0.45 km from 601 1050 Burrard Street, offering a unique and individualized learning approach. Additionally, Pattison School, a secondary independent school, is just 0.16 km away, providing students with a well-rounded education.

Now, let's talk about the safety and security of this neighborhood. According to the latest statistics from Statistics Canada (2020), there were 52,217 disturbances in this area, with an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. Looking at the breakdown, we see that the drug crime rate is Average, with a rating of 229.49, and property crimes are Above Average, with a rating of 5,020.27. However, violent crime rates are Below Average, standing at 1,311.69, providing residents with a sense of peace of mind.

As we explore this neighborhood, you'll find that it's well-connected to public transportation. The closest bus station, Northbound Burrard St @ Comox St, is just 0.07 km away from 601 1050 Burrard Street, making it easy to get around without a car.

Demographically, this neighborhood is a hub of university-educated professionals, with 52% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. However, 5.5% of the population lacks a certificate or degree, which is Low compared to the average in BC.

In terms of housing, the median household income in this area is $62,771, which is Below Average compared to the British Columbia average. However, the median personal income is $41,842, which is Above Average. Additionally, 73.7% of households in this area have a mortgage, which is High.

As we look at the community's growth, we see that the population change between 2011 and 2016 was 21.5%, which is High compared to average growth rates in this region. The population density per square kilometer is 31,632.3, which is High.

Family dynamics are also an important aspect of this community. The average size of families is 2.3, which is Low compared to the whole region. Additionally, 27.3% of families have children, which is Low. However, 40.6% of residents are married or living common law, which is Low compared to other areas.

Looking at the age demographics, the average age of the population is 38.8, which is Below Average compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighborhood is $651,930, which is High compared to other areas in British Columbia. The average owner payments are also High, with owners spending an average of $1,621 per month on their dwellings. Tenants are paying $1,478 per month, which is also High.

Lastly, 58% of the population in this area are renters, which is High compared to other BC cities and areas.

As you can see, 601 1050 Burrard Street is an excellent choice for those seeking a vibrant community with access to excellent schools, public transportation, and a diverse range of amenities. With its High population density and Low average family size, this neighborhood offers a unique blend of urban living and community spirit.

Don't miss out on this incredible opportunity to own a piece of Vancouver's vibrant Downtown VW community. Contact me today to schedule a viewing and make 601 1050 Burrard Street your home.

MLS® R3058861

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 $949,000
Vancouver $1,103,763
Downtown VW $1,032,550
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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