1005 583 Beach Cres, Vancouver, BC, MLS® R3019354

$1,498,000
Est. Mortgage /mo

$1,498,000
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
$ 651 Maint. Fee
1030 sqft
2005 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

1005 583 Beach Cres, Vancouver, BC | MLS® R3019354 Property Details

Welcome to one of Yaletown’s most sought-after waterfront residences at PARK WEST 2. This unbeatable location places you just steps from George Wainborn Park, the seawall, Yaletown Roundhouse, vibrant restaurants, bars, and everything this dynamic neighbourhood has to offer. You're also within walking distance to the downtown core and SkyTrain. This bright and spacious two-bedroom, two-bathroom home features a smart floor plan flooded with natural light. The chef’s kitchen boasts a custom-built pantry, while the living room offers jaw-dropping, water-level views. The dining area is enhanced with elegant custom cabinetry and wine cellars. Additional highlights include custom blinds throughout, blackout curtains in both bedrooms, a private balcony and luxurious world class amenities.

General Info

Price $1,498,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1030
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2005
Age Of Building 20
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Sauna/Steam Room, Concierge, Maintenance Grounds, Hot Water, Management
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R3019354
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Gross Taxes $1,727
Ownership Type Freehold Strata
Maintenance Fee $651
Community Features Adult Oriented, Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Sauna/Steam Room, Concierge, Maintenance Grounds, Hot Water, Management
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Electric

Utilities

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

Parking

Parking Type Underground, Side Access, Concrete
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning APT
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Mixed
Foundation Concrete Perimeter
Interior Features Elevator, Guest Suite
View 1
View Description Spectacular Water View
Units In Development 175
Exterior Features Playground, Balcony
Sewer Public Sewer
Roof Other

Property History

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Status Date Price
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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
King George Secondary School
1.89 km
No Rating
Elementary
Elsie Roy Elementary School
Average
0.5 km
Rating 6.1/10

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

Private Schools

Elementary
Anchor Point Montessori
0.39 km
No Rating
Secondary
Pattison School
0.86 km
No Rating

Closest Transit

Translink
Eastbound Pacific St @ Seymour Mews
0.1 km

Welcome to 1005 583 Beach Crescent, a stunning property located in the heart of Vancouver, BC. As your trusted realtor, I'm excited to share with you the unique features and benefits of this incredible home, which is listed under MLS® R3019354.

Let's start with the schools in the area. Elsie Roy Elementary School, a highly-rated institution with a 6.1/10 rating, is just a 0.5 km stroll from this property, making it an ideal choice for families with young children. You'll also find King George Secondary School, with a No Rating, approximately 1.89 km away, providing your child with access to quality secondary education.

In addition to traditional public schools, this community is also serviced by several excellent independent schools. Anchor Point Montessori, a No-Rated school, is just 0.39 km from this property, offering a unique educational experience for your child. For secondary education, Pattison School, also a No-Rated institution, is approximately 0.86 km away.

Now, let's take a look at the crime statistics in the area. According to the 2020 crime data from Statistics Canada, this neighbourhood has an average crime rate of 7,470.82, which is comparable to other Canadian cities. Specifically, the drug crime rate is average, with a rating of 229.49, while property crimes are above average, with a rating of 5,020.27.

Moving on to demographics, this neighbourhood is home to a highly educated population, with 57.6% of residents holding a university certificate or degree, which is high compared to other BC neighbourhoods. In contrast, only 3.3% of the population in this area has no certificate or degree, which is a low number.

In terms of income, the median household income in this neighbourhood is $92,599, which is above average in comparison to the British Columbia average. The median personal income is $53,110, which is also high compared to the BC average. Interestingly, 53.3% of households in this area have a mortgage, which is below average.

Unemployment rates in this area are also low, at 5.3%, making it an attractive option for those looking to invest in a property. The population growth rate in this area between 2011 and 2016 was 3.2%, which is above average.

This property is located in Yaletown, a vibrant and bustling neighbourhood with a high population density of 18,823.5 people per square kilometre. The average size of families in this area is 2.4, which is low compared to the region. However, 62.9% of families in this area are married or living common law, which is above average.

In terms of lifestyle amenities, this property is close to several parks, beaches, and trails, making it an ideal choice for those who enjoy outdoor activities. You'll also find a variety of shopping malls, grocery stores, restaurants, and coffee shops in the area, providing you with a convenient and welcoming environment.

The average value of dwellings in this neighbourhood is $1,356,732, which is high compared to other areas in British Columbia. Average owner payments in this area are also high, with owners spending an average of $20,202 per year. Tenants in this area pay an average of $19,984 per year, which is also high.

Finally, 35.8% of the population in this area are renters, which is above average compared to other BC cities and areas. The language spoken in this area is predominantly English, with 85.4% of residents speaking only English. However, 11.8% of residents speak both English and French, which is above average.

In terms of transportation, 15.4% of the population in this area use public transport, which is above average. However, 48.2% of residents use cars, which is low. 3.8% of residents use bicycles, which is high, and 30.9% of residents walk, which is also high.

I hope this information has been helpful in giving you a better understanding of this incredible property, located at 1005 583 Beach Crescent, Vancouver, BC. MLS R3019354 is a must-see for anyone looking for a unique and exciting place to call home.

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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 $1,498,000
Vancouver $1,254,990
Yaletown $1,381,384
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
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