1101 5410 Shortcut Rd, Vancouver, BC, MLS® R3040375

$860,000
Est. Mortgage /mo

$860,000
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
1 Beds
1 Baths
1 Stories
$ 456.21 Maint. Fee
568 sqft
2021 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

1101 5410 Shortcut Rd, Vancouver, BC | MLS® R3040375 Property Details

Located in a brand-new 21-acre master-planned community beside UBC, this is the first concrete high-rise in the neighbourhood. Just steps from parks and walking trails, with planned amenities including community centres, daycare facilities, and a retail plaza. Designed by an award-winning architectural firm.air-conditioned homes feature expansive windows offering stunning views of the parks, North Shore mountains, and Burrard Inlet.An extraordinary home in an extraordinary setting. Monthly tenency at $2800, need 24 hour notice

General Info

Price $860,000
Total Bedrooms 1
Total Bathrooms 0
Half Bathrooms 1
Floor Area Total (sqft) 568
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2021
Age Of Building 4
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Stove, Microwave, Oven, Range Top
Building Amenities Bike Room, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R3040375
Area Vancouver West
Neighbourhood University VW
City Vancouver
Gross Taxes $2,392
Ownership Type Leasehold prepaid-Strata
Maintenance Fee $456.21
Community Features Shopping Nearby
Amenities Nearby Bike Room, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Fixtures Included -

Heating & Cooling

Fireplace 0
Heating Type Heat Pump
Cooling Central Air, Air Conditioning

Utilities

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

Parking

Parking Type Underground, Guest
Total Parking Spaces -

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning UBC
Rental Suites -
# of Kitchens 0
Flooring Hardwood, Other, Tile
Foundation Slab
Interior Features Elevator
View -
View Description -
Units In Development 140
Exterior Features Garden, Balcony
Sewer Other, Sanitary Sewer, Storm Sewer
Roof Concrete

Property History

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Status Date Price
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Listed by: V-Prime 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
University Hill Secondary School
1.27 km
No Rating
Elementary
University Hill Elementary School
Average
1.06 km
Rating 6.4/10

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

Private Schools

Elementary, Secondary
Eaton Arrowsmith School
0.89 km
No Rating
Elementary, Secondary
Eaton Arrowsmith School
0.89 km
No Rating

Closest Transit

Translink
Westbound University Blvd @ 5300 Block
0.08 km

Let's start our guided tour of the fantastic neighborhood surrounding 1101 5410 Shortcut Road, Vancouver, BC, MLS® R3040375. As we walk through this charming area, you'll notice the abundance of amenities and services that make it an ideal place to call home.

First, let's talk about the schools in our area. The property is serviced by the excellent University Hill Elementary School, which is just 1.06 km away. This school has a rating of 6.4/10, making it a great option for families. In fact, families love this area because of the high-quality education provided by the school.

Just down the road, you'll find University Hill Secondary School, which is also within walking distance at 1.27 km. While this school doesn't have a formal rating, its proximity to our property makes it a convenient option for families.

For those seeking independent education, Eaton Arrowsmith School is the closest elementary independent school, located 0.89 km from our property. Similarly, Eaton Arrowsmith School is the closest secondary independent school, also situated 0.89 km away.

Now, let's discuss the safety of our neighborhood. According to the latest crime statistics from Statistics Canada (2020), there were 1,417 disturbances reported in our area, with an overall crime rate of 7,880.54 per 100,000 population. While this may seem high, it's essential to note that our neighborhood has an Average crime rate compared to other Canadian cities. Furthermore, the year-over-year change in crime rate is -20.79%, indicating a decline in criminal activity.

In terms of specific crime types, the drug crime rate in our neighborhood is Below Average, with a rating of 100.11 and 18 reported incidents in 2020. The year-over-year change in this ranking is -1.22%. Property crimes, however, are Above Average, with a rating of 4,832.88 and 869 reported incidents in 2020. The year-over-year change in this rate is -29.18%. Lastly, the violent crime rate in our area is Low, with 182 reported incidents in 2020 and a rate of 1,012.18 per 100,000 population.

Now that we've discussed safety, let's talk about transportation. The closest bus station is Westbound University Blvd @ 5300 Block, which is just 0.08 km away from our property.

As we explore the demographics of our neighborhood, we find that 51.7% of the population has a university certificate or degree, which is High compared to other BC neighborhoods. Conversely, 7.6% of the population has no certificate or degree, which is Low compared to the average in BC.

Regarding income, the median household income in our neighborhood is $39,104, which is Low compared to the British Columbia average. The median personal income is $17,984, also Low compared to the BC average. However, 59.5% of households in our area have a mortgage, which is Average compared to other neighborhoods.

Unemployment rates in our area are Above Average, with a rate of 10.7%. This is concerning, but it's essential to note that this rate is specific to our neighborhood and may not reflect the broader economic situation.

As we look at population growth, we find that the area surrounding 1101 5410 Shortcut Road, Vancouver, BC, has experienced a High population change of 97.9% between 2011 and 2016. This is significantly higher than the average growth rate of the region.

In terms of population density, our neighborhood has an Average density of 560.7 people per square kilometer. The average family size in our area is 3, which is Above Average compared to the whole region. Furthermore, 79.1% of families in our neighborhood have children, making it a family-friendly area.

The average age of the population in our area is 33.5 years, which is Low compared to other BC cities. Lastly, the average value of dwellings in our neighborhood is $861,809, which is High compared to other areas in British Columbia.

In terms of housing costs, the average owner payments are High in our area, with owners spending an average of $1,814 per month. Tenants, on the other hand, are paying $1,963 per month, which is also High compared to other cities.

Regarding the rental market, 54.3% of the population in our neighborhood are renters, which is High compared to other BC cities and areas. However, the percentage of English and French speakers in our area is Average, with 8.1% of the population speaking both languages. The percentage of English speakers only is 83.3%, which is Below Average, while the percentage of French speakers only is

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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 $860,000
Vancouver $753,457
University VW $870,916
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
Call or Text Now!
Thank you Your message has been sent

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