1205 488 SW Marine Dr, Vancouver, BC, MLS® R3049616

$518,000
Est. Mortgage /mo

NEW

$518,000
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
$ 347.22 Maint. Fee
490 sqft
2015 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

1205 488 SW Marine Dr, Vancouver, BC | MLS® R3049616 Property Details

Marine Gateway by PCI Developments offers everything at your doorstep! This LEED gold community presents a 1 BED residence with a larger covered balcony & spectacular west-sider sunsets. The gourmet galley kitchen is equipped with stone counters, full-height cabinetry, integrated Blomberg appliances, task lighting & smooth-top stove. In-suite laundry & strong add practicality. Building highlights include a lounge, rooftop terrace w/BBQ & playground. Just downstairs, you'll find Cineplex, T&T, banks, Shoppers, Starbucks, restaurants & direct Canada Line/Bus Loop access. Great starter Home or rental investment! Parking available, please ask

General Info

Price $518,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 490
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2015
Age Of Building 10
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Bike Room, Clubhouse, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R3049616
Area Vancouver West
Neighbourhood Marpole
City Vancouver
Gross Taxes $1,687
Ownership Type Freehold Strata
Maintenance Fee $347.22
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard, Geothermal

Utilities

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

Parking

Parking Type Underground, Guest
Total Parking Spaces 0

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning CD-1
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Carpet
Foundation Concrete Perimeter
Interior Features Guest Suite, Storage
Locker 1
View 1
View Description city
Units In Development -
Exterior Features Garden, Playground, Balcony
Sewer Public Sewer
Roof Other

Property History

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Status Date Price
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Listed by: 1NE Collective Realty Inc.

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
Sir Winston Churchill Secondary School
1.34 km
No Rating
Elementary
J.W. Sexsmith Community Elementary School
0.92 km
No Rating
Elementary
J.W. Sexsmith Community Elementary School
0.92 km
No Rating

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

Private Schools

Elementary
St. Anthony of Padua
1.64 km
Rating 8.7/10
Secondary
Royal Canadian College
0.36 km
No Rating

Closest Transit

Translink
Marine Drive Station @ Bay 2
0.07 km

Welcome to this stunning property located at 1205 488 SW Marine Drive, Vancouver, BC V5X 0C6, Vancouver, BC, V5X 0C6, MLS® R3049616. As we step into this beautiful home, let's take a moment to appreciate the excellent schools in the area. Your children will thrive at J.W. Sexsmith Community Elementary School, just 0.92 km away from this property, boasting a rating of No Rating. This elementary school is a great starting point for your child's educational journey.

As a parent, you'll appreciate that this home is also close to Sir Winston Churchill Secondary School, approximately 1.34 km away. This secondary school is another excellent option for your child's education, with a rating of No Rating. Just imagine the peace of mind knowing that your child is receiving a great education in such a safe and supportive environment.

For those interested in independent schooling, we have St. Anthony of Padua, a highly-rated elementary school with a rating of 8.7/10, located 1.64 km from this property. This school offers a unique and nurturing environment for your child to thrive. Additionally, Royal Canadian College, a nearby secondary independent school with a rating of No Rating, is just 0.36 km away from this home.

Now, let's talk about the safety and security of this neighborhood. According to the latest crime data from Statistics Canada (2020), this area has a total of 52,217 reported incidents in the neighborhood. The overall crime rate near 1205 488 SW Marine Drive, Vancouver, BC V5X 0C6, Vancouver, BC, V5X 0C6, MLS® R3049616, is 7,470.82, which is Average compared to other Canadian cities. This means that you can feel safe and secure in this community.

When it comes to property crimes, the neighborhood close to this listing has an Above Average rate, with a property misconduct rating of 5,020.27. However, it's essential to note that the year-over-year change in property crime rate is -20.80%, indicating a decrease in property-related incidents.

In terms of education, this neighborhood boasts a high percentage of residents with a university certificate or degree, at 36.9%, which is High compared to other BC neighborhoods. On the other hand, the percentage of residents with no certificate or degree is 12.6%, which is Below Average compared to the average in BC.

The median household income in this area is $59,026, which is Below Average in comparison to the British Columbia average. However, the median personal income is $25,196, which is Low compared to the BC average. Additionally, 47.5% of households in this census subdivision have a mortgage, which is Low compared to other areas.

In terms of lifestyle, this neighborhood is perfect for those who value convenience and accessibility. The Marine Drive Station @ Bay 2 is just 0.07 km away from this property, making it an ideal location for commuters.

As we explore this community, we can see that it's a vibrant and thriving area with a diverse range of residents. The average age of the population is 43.3, which is Above Average compared to other BC cities. The average size of families in this area is 2.8, which is Below Average compared to the whole region. However, 65.3% of families in this neighborhood have children, which is Above Average.

When it comes to transportation, 35.5% of the population in this area uses public transport, which is High. On the other hand, 58.3% of residents use cars, which is Low. 3% of the population uses bicycles, which is Above Average, and 2.7% of residents walk, which is Below Average.

In terms of real estate, the average value of dwellings in this neighborhood is $1,474,672, which is High compared to other areas in British Columbia. The average owner payments are Above Average, with $1,441 spent on average for the dwelling. Tenants in this area pay an average of $1,368, which is High compared to other cities.

Lastly, 42.1% of the population in this district are renters, which is Above Average compared to other BC cities and areas. The percentage of English and French speakers is 4.7%, which is Below Average, while the percentage of English speakers only is 86%, also Below Average. However, the percentage of Neither English nor French speakers is 9.2%, which is High compared to other BC cities.

In conclusion, 1205 488 SW Marine Drive, Vancouver, BC V5X 0C6, Vancouver, BC, V5X 0C6, MLS® R3049616

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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 $518,000
Vancouver $526,193
Marpole $542,242
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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