704 1040 Pacific St, Vancouver, BC, MLS® R2836963

$474,999
Est. Mortgage /mo

Closed

$465,000
Closed at 17 Jan 2024
Listing price: $474,999
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
$ 283.71 Maint. Fee
536 sqft
1983 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

704 1040 Pacific St, Vancouver, BC | MLS® R2836963 Property Details

Welcome home to Chelsea Terrace, this fully updated corner suite, concrete building facing false creek on the quiet side of the building with ocean view. Your new home is over 500 sq/ft with well appointed features including fresh paint from top to bottom, brand new dishwasher and oven, and enjoy tons of storage with your TWO storage lockers located on the same floor. The bedroom has a perfect nook for people who work from home which will fit a desk if desired. Secured underground parking is rented by strata for $35/mo, or ample street permit parking. Building features FREE shared laundry room, indoor racketball court, and saunas. Future potential for redevelopment for savvy investors!

General Info

Price $474,999
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 536
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1983
Age Of Building 40
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Dishwasher, Refrigerator, Oven, Range Top
Building Amenities Bike Room, Sauna/Steam Room, Caretaker, Hot Water, Management, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R2836963
Area Vancouver West
Neighbourhood West End VW
City Vancouver
Gross Taxes $1,507.14
Ownership Type Freehold Strata
Maintenance Fee $283.71
Community Features Shopping Nearby
Amenities Nearby Bike Room, Sauna/Steam Room, Caretaker, Hot Water, Management, Water

Heating & Cooling

Fireplace -
Heating Type Electric

Utilities

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

Parking

Parking Type Underground, Rear Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Yes With Restrictions
Rental Restrictions 100
Zoning RM-5A
Rental Suites -
Laundry Common Area
# of Kitchens 1
Flooring Hardwood
Foundation Concrete Perimeter
Interior Features Elevator
Locker 1
View 1
View Description Ocean view
Units In Development 112
Exterior Features Balcony
Sewer Sanitary Sewer
Roof Other

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
1.41 km
Elementary
Lord Roberts Annex
0.7 km
Elementary
Lord Roberts Elementary School
Average
1.13 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
Anchor Point Montessori
0.22 km
Secondary
Pattison School
0.74 km

Closest Transit

Bus Stop
Eastbound Pacific St @ Thurlow St
0.13 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.89 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

704 1040 Pacific Street is serviced by Lord Roberts Annex. The property with listing MLS® R2836963 is located 0.7 km from the school. Lord Roberts Annex has a rating of No Rating.

This home with address 704 1040 Pacific Street, Vancouver, BC is also serviced by King George Secondary School and located 1.41 km from it. King George Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 704 1040 Pacific Street is Anchor Point Montessori with School's rating No Rating, located 0.22 km from this home.

The closest to this address 704 1040 Pacific Street Secondary independent school is Pattison School with School's rating No Rating, located 0.74 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 704 1040 Pacific Street, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2836963 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 704 1040 Pacific Street are Above Average. Property misconduct rating adjacent to MLS® R2836963 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Eastbound Pacific St @ Thurlow St in 0.13 km away from this listing with - MLS® R2836963.

44.1% of people with university certificate/degree live in this neighbourhood adjacent to the 704 1040 Pacific Street which is High in comparison with other BC neighbourhoods. 5.7% of population in this neighbourhood that is near the Listing MLS® R2836963 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 704 1040 Pacific Street, Vancouver, BC is $49998 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2836963 is $35277 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 66.1% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2836963 is 5 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 704 1040 Pacific Street West End VW where population change between 2011 and 2016 was 6.7%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 704 1040 Pacific Street, Vancouver, BC is 25846.3 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 704 1040 Pacific Street is 2.2. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2836963 is 21.2% and it is Low. % of Married or living common law is around 41.8% and it is Low.

Average age of the population close to the 704 1040 Pacific Street is 42.5 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 704 1040 Pacific Street, Vancouver, BC is $609583 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 704 1040 Pacific Street. $1543 owners spent in average for the dwelling. Tenants are paying $1282 in this district close to MLS® R2836963 and it is Above Average comparing to other cities.

78.6% of Population in this district near the 704 1040 Pacific Street are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 704 1040 Pacific Street, Vancouver, BC is 13.9%, it is Above Average, % of English speakers only is 85.3% and Below Average. % of French speakers adjacent to 704 1040 Pacific Street only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 704 1040 Pacific Street, Vancouver, BC is 0.8% and it is Average comparing to other BC cities.

25.1% of all population in the area around this property with the address 704 1040 Pacific Street, Vancouver, BC using Public Transport which is High, 27.8% of using population are using Cars around MLS® R2836963, which is Low. 7.7% of people using Bicycles around the 704 1040 Pacific Street and it is High. 37.6% of population are walking which is High

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 283.71
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 $474,999
Vancouver $561,416
West End VW $535,556
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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