87 E CORDOVA ST, Vancouver BC V6A 1K3, Vancouver, BC

$1,188,000
Est. Mortgage /mo

MLS® R2921838

Closed

$1,188,000
Closed at 27 Jan 2025
Listing price: $1,188,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
1 Beds
2 Baths
0 Stories
$ 942.16 Maint. Fee
1743 sqft
2006 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Rarely available and highly sought-after commercial live/work loft in historic Koret Lofts, a century-old, remade warehouse located in the heart of bustling Gastown. This 1,743 SF loft has those New York vibes coupled with heritage charm, offering 18' ceilings, all original fir beams, brick wall, and wood floors, as well as finished concrete throughout. Comes with in-suite laundry and one secure parking. Gastown's 'it' building, known for its tight-knit community and well-managed strata. Potential cash cow opportunity - this is one of Vancouver's few fully-approved buildings, allowing Airbnb rentals. Guests will love walking down the cobblestones to the area's highly-rated shops, restaurants, and cafes. This ground-level home has endless opportunities.

General Info

Price $1,188,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1743
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2006
Age Of Building 19
Building Type Apartment/Condo
Property Type Residential
Architecture Style Ground Level Unit, Loft/Warehouse Conv.
Stories 0
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Building Amenities Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2921838
Area Vancouver East
Neighbourhood Downtown VE
City Vancouver
Gross Taxes $14,852.4
Ownership Type Freehold Strata
Maintenance Fee $942.16
Community Features Shopping Nearby
Amenities Nearby Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard

Utilities

Utility Type Electricity Connected
Utility 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 Allowed
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning MF
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Concrete, Hardwood
Foundation Concrete Perimeter
Interior Features Elevator
View -
View Description -
Units In Development -
Exterior Features No Outdoor Area
Sewer Sanitary Sewer
Roof Torch-On

Property History

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Status Date Price
Sold 02-18-2025 $1,188,000
Sold 01-27-2025 $1,188,000
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Listed by: The Agency Vancouver

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
Britannia Community Secondary School
2.45 km
No Rating
Elementary
Lord Strathcona Community Elementary School
0.81 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
The Westside School
0.95 km
No Rating
Secondary
Sino Bright School BC
0.52 km
No Rating

Closest Transit

Translink
Westbound Powell St @ Columbia St
0.08 km

87 E CORDOVA STREET, Vancouver BC V6A 1K3 is serviced by Lord Strathcona Community Elementary School. The property with listing MLS® R2921838 is located 0.81 km from the school. Lord Strathcona Community Elementary School has a rating of No Rating.

This home with address 87 E CORDOVA STREET, Vancouver BC V6A 1K3, Vancouver, BC is also serviced by Britannia Community Secondary School and located 2.45 km from it. Britannia Community Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 87 E CORDOVA STREET, Vancouver BC V6A 1K3 is The Westside School with School's rating No Rating, located 0.95 km from this home.

The closest to this address 87 E CORDOVA STREET, Vancouver BC V6A 1K3 Secondary independent school is Sino Bright School BC with School's rating No Rating, located 0.52 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 - 87 E CORDOVA STREET, Vancouver BC V6A 1K3, 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® R2921838 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 87 E CORDOVA STREET, Vancouver BC V6A 1K3 are Above Average. Property misconduct rating adjacent to MLS® R2921838 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 Westbound Powell St @ Columbia St in 0.08 km away from this listing with - MLS® R2921838.

33.2% of people with university certificate/degree live in this neighbourhood adjacent to the 87 E CORDOVA STREET, Vancouver BC V6A 1K3 which is High in comparison with other BC neighbourhoods. 12.7% of population in this neighbourhood that is near the Listing MLS® R2921838 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 87 E CORDOVA STREET, Vancouver BC V6A 1K3, Vancouver, BC is $27258 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2921838 is $23115 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 85.8% which is High.

Unemployment rate in the area around Real Estate Listing # R2921838 is 10.1 which is Above Average in comparison to the other province neighbourhoods.

This real estate is located in 87 E CORDOVA STREET, Vancouver BC V6A 1K3 Downtown VE where population change between 2011 and 2016 was 18.5%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 87 E CORDOVA STREET, Vancouver BC V6A 1K3, Vancouver, BC is 12567.4 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 87 E CORDOVA STREET, Vancouver BC V6A 1K3 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® R2921838 is 25.7% and it is Low. % of Married or living common law is around 24.4% and it is Low.

Average age of the population close to the 87 E CORDOVA STREET, Vancouver BC V6A 1K3 is 45.4 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 87 E CORDOVA STREET, Vancouver BC V6A 1K3, Vancouver, BC is $644599 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 87 E CORDOVA STREET, Vancouver BC V6A 1K3. $1867 owners spent in average for the dwelling. Tenants are paying $914 in this district close to MLS® R2921838 and it is Below Average comparing to other cities.

76.8% of Population in this district near the 87 E CORDOVA STREET, Vancouver BC V6A 1K3 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 87 E CORDOVA STREET, Vancouver BC V6A 1K3, Vancouver, BC is 13.1%, it is Above Average, % of English speakers only is 81.5% and Below Average. % of French speakers adjacent to 87 E CORDOVA STREET, Vancouver BC V6A 1K3 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 87 E CORDOVA STREET, Vancouver BC V6A 1K3, Vancouver, BC is 5.4% and it is High comparing to other BC cities.

23.6% of all population in the area around this property with the address 87 E CORDOVA STREET, Vancouver BC V6A 1K3, Vancouver, BC using Public Transport which is Above Average, 23.6% of using population are using Cars around MLS® R2921838, which is Low. 8% of people using Bicycles around the 87 E CORDOVA STREET, Vancouver BC V6A 1K3 and it is High. 42.9% of population are walking which is High

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 942.16
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,188,000
Vancouver $1,188,000
Downtown VE $1,188,000
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
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