703 1288 Alberni St, Vancouver, BC, MLS® R3073707

$1,099,000
Est. Mortgage /mo

$1,099,000
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
$ 723.32 Maint. Fee
930 sqft
1997 built
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Map
Street view
Schools
Crime
Commute
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703 1288 Alberni St, Vancouver, BC | MLS® R3073707 Property Details

Experience refined downtown living at The Palisades. This fully renovated 2 bedroom, 2 bathroom residence situated along Architects Row on Alberni Street offers a seamless blend of luxury and location. Thoughtfully redesigned, the home features a full Fisher & Paykel appliance package, custom cabinetry, white oak hardwood flooring, and spa-inspired Italian stone tile bathrooms. The expansive floor-to-ceiling windows flood the space with natural light and are complemented by blackout roller shades for comfort and privacy. Perfectly situated in the heart of Downtown and Coal Harbour, just steps to world-class shopping along Robson and Alberni Streets, and within walking distance to the Seawall and Stanley Park. A turn-key opportunity in one of Vancouver’s most sought-after neighbourhoods.

General Info

Price $1,099,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 930
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1997
Age Of Building 28
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Exercise Centre, Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Other, Recreation Facilities, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3073707
Area Vancouver West
Neighbourhood West End VW
City Vancouver
Gross Taxes $2,660.31
Ownership Type Freehold Strata
Maintenance Fee $723.32
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Other, Recreation Facilities, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Electric

Utilities

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

Parking

Parking Type Garage Under Building, Front Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed,Rentals Allowed
Pet Restrictions Yes
Rental Restrictions -
Zoning CD-1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter
Interior Features Storage
Locker 1
View 1
View Description City View
Units In Development 272
Exterior Features Garden, No Outdoor Area
Sewer Public Sewer

Property History

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Status Date Price
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Listed by: Century 21 In Town Realty

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
0.73 km
Elementary
Lord Roberts Annex
0.48 km
Elementary
Lord Roberts Elementary School
Average
0.81 km
4.6/10

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

Private Schools

Elementary
Madrona School
0.73 km
Secondary
Pattison School
0.71 km

Closest Transit

Bus Stop
Westbound Robson St @ Bute St
0.09 km
Skytrain
Skytrain @ Burrard Stn
0.56 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

Let's take a walk through the vibrant community surrounding 703 1288 Alberni Street, a stunning property listed as MLS® R3073707 in Vancouver's desirable West End VW neighborhood.

As we explore the local schools, I'm happy to report that the property is serviced by the esteemed Lord Roberts Annex, located just 0.48 km away from 703 1288 Alberni Street. Although Lord Roberts Annex doesn't have a publicly available rating, its proximity to this beautiful home is certainly a perk for families. You'll also find the reputable King George Secondary School nearby, a 0.73 km walk from the property, also without a publicly available rating. For those seeking an elementary education, Madrona School is the closest independent option, situated 0.73 km from 703 1288 Alberni Street, also without a publicly available rating. If you're interested in secondary education, Pattison School is the closest independent option, located 0.71 km from the home.

Now, let's dive into the neighborhood's crime statistics. According to Statistics Canada's 2020 report, our community boasts an Average crime rate of 7,470.82, which is comparable to other Canadian cities. This translates to a relatively safe environment for residents. In terms of year-over-year change, the total crime rate has seen a significant decrease of -14.94%. This decline in crime rates provides peace of mind for families and individuals alike.

When it comes to specific types of crimes, we see that drug-related offenses are Average, with a rating of 229.49 and 1,604 incidents in 2020. This is a testament to the community's efforts to maintain a safe and healthy environment. Property crimes, however, are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. Despite this, the year-over-year change in property misconduct rates has seen a notable decrease of -20.80%. The violent crime rate is Below Average, standing at 1,311.69 in 2020, which is a reassuring indicator of the community's safety.

As we navigate the neighborhood's transportation options, we find that the closest Bus station, Westbound Robson St @ Bute St, is just 0.09 km away from 703 1288 Alberni Street. This convenient access to public transportation makes it easy for residents to commute or run errands.

Now, let's examine the demographic makeup of our community. A notable 57.4% of residents hold a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 3.2% of the population in this area have no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income in our community is $71,774, which is Average compared to the British Columbia average. The median personal income is $39,381, however, which is Above Average in comparison to the BC average. The percentage of households with a mortgage is 56%, which is Average.

The unemployment rate in our community is 6.4%, which is Below Average compared to other province neighborhoods. This is a positive indicator of the local economy's health.

As we look at the community's growth, we see that the population change between 2011 and 2016 was 10.5%, which is High compared to the average growth rate of this region. This suggests a vibrant and dynamic community that's attracting new residents.

In terms of population density, our community has a high 16,333.9 people per square kilometer, which is a characteristic of many urban neighborhoods. The average family size in our community is 2.5, which is Low compared to the whole region. The percentage of families with children is 43.2%, which is Low, and the percentage of married or living common law couples is 54.2%, which is Below Average.

The average age of the population in our community is 40.2, which is Below Average compared to other BC cities. This suggests a relatively young demographic, which can be beneficial for businesses and services catering to this age group.

Now, let's examine the real estate context. The average value of dwellings in our community is $1,325,746, which is High compared to other areas in British Columbia. This is a reflection of the community's desirability and its proximity to amenities.

In terms of mortgage payments, owners in our community are spending an average of $2,045 per month, which is High compared to other cities. Tenants, on the other hand, are paying an average of $1,845 per month, which is also High.

A notable 55.8% of the population in our community are renters, which is High compared to other BC cities and areas.

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 $1,099,000
Vancouver $811,033
West End VW $888,917
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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