1603 501 PACIFIC ST, Vancouver BC V6Z 2X6, Vancouver, BC

$499,900
Est. Mortgage /mo

MLS® R2812472

Closed

$489,600
Closed at 29 Sep 2023
Listing price: $499,900
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
0 Beds
1 Baths
1 Stories
$ 323.95 Maint. Fee
390 sqft
1999 built
Show more info
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Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Calling all 1st time homebuyers, investors, and avid Yaletown enthusiasts! Enter The 501 and be captivated by a chic studio offering. Unveil the allure of a gas fireplace, an open-concept layout, and upgraded appliances that cater to modern living. Bask in southern exposure, drenched in sunlight, while indulging in breathtaking False Creek vistas. Nestled in the coveted BEACH DISTRICT, embrace easy access to the seawall, Canada Line, and Fresh Street Market, placing convenience at your doorstep. Discover an iconic residence boasting both indoor and outdoor swimming pools, a hot tub, gym, volleyball court, and an expansive party room within its walls. Benefit from 1 parking space and 1 locker, enhancing practicality. Currently leased to an exceptional tenant at $2,050/month until April 2024

General Info

Price $499,900
Total Bedrooms 0
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 390
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1999
Age Of Building 24
Building Type Apartment/Condo
Property Type Residential
Architecture Style Bachelor/Studio
Stories 1
Building Amenities Exercise Centre, Recreation Facilities, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2812472
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Gross Taxes $1,343.07
Ownership Type Freehold Strata
Maintenance Fee $323.95
Amenities Nearby Exercise Centre, Recreation Facilities, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric, Natural Gas

Utilities

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

Parking

Parking Type Underground, Lane Access, Rear Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions
Rental Restrictions -
Zoning DD
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter
Interior Features Guest Suite
Locker 1
View 1
View Description False Creek
Units In Development 295
Exterior Features Garden, No Outdoor Area
Sewer Sanitary Sewer, Storm Sewer
Roof Asphalt, Other

Property History

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Status Date Price
Sold 09-29-2023 $499,900
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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
1.87 km
No Rating
Elementary
Elsie Roy Elementary School
Average
0.41 km
Rating 6.1/10

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
Anchor Point Montessori
0.4 km
No Rating
Secondary
Pattison School
0.77 km
No Rating

Closest Transit

Translink
Westbound Pacific St @ Richards St
0.06 km

1603 501 PACIFIC STREET, Vancouver BC V6Z 2X6 is serviced by Elsie Roy Elementary School. The property with listing MLS® R2812472 is located 0.41 km from the school. Elsie Roy Elementary School has a rating of Rating 6.1/10.

This home with address 1603 501 PACIFIC STREET, Vancouver BC V6Z 2X6, Vancouver, BC is also serviced by King George Secondary School and located 1.87 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 1603 501 PACIFIC STREET, Vancouver BC V6Z 2X6 is Anchor Point Montessori with School's rating No Rating, located 0.4 km from this home.

The closest to this address 1603 501 PACIFIC STREET, Vancouver BC V6Z 2X6 Secondary independent school is Pattison School with School's rating No Rating, located 0.77 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 - 1603 501 PACIFIC STREET, Vancouver BC V6Z 2X6, 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® R2812472 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 1603 501 PACIFIC STREET, Vancouver BC V6Z 2X6 are Above Average. Property misconduct rating adjacent to MLS® R2812472 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 Pacific St @ Richards St in 0.06 km away from this listing with - MLS® R2812472.

47% of people with university certificate/degree live in this neighbourhood adjacent to the 1603 501 PACIFIC STREET, Vancouver BC V6Z 2X6 which is High in comparison with other BC neighbourhoods. 4.8% of population in this neighbourhood that is near the Listing MLS® R2812472 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 1603 501 PACIFIC STREET, Vancouver BC V6Z 2X6, Vancouver, BC is $55936 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2812472 is $40817 which is Above Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 72.8% which is High.

Unemployment rate in the area around Real Estate Listing # R2812472 is 5.9 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 1603 501 PACIFIC STREET, Vancouver BC V6Z 2X6 Downtown VW where population change between 2011 and 2016 was 40.2%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 1603 501 PACIFIC STREET, Vancouver BC V6Z 2X6, Vancouver, BC is 34624.2 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 1603 501 PACIFIC STREET, Vancouver BC V6Z 2X6 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® R2812472 is 24.4% and it is Low. % of Married or living common law is around 39.1% and it is Low.

Average age of the population close to the 1603 501 PACIFIC STREET, Vancouver BC V6Z 2X6 is 38.6 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 1603 501 PACIFIC STREET, Vancouver BC V6Z 2X6, Vancouver, BC is $705201 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 1603 501 PACIFIC STREET, Vancouver BC V6Z 2X6. $1746 owners spent in average for the dwelling. Tenants are paying $1369 in this district close to MLS® R2812472 and it is High comparing to other cities.

65.6% of Population in this district near the 1603 501 PACIFIC STREET, Vancouver BC V6Z 2X6 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 1603 501 PACIFIC STREET, Vancouver BC V6Z 2X6, Vancouver, BC is 12%, it is Above Average, % of English speakers only is 86% and Below Average. % of French speakers adjacent to 1603 501 PACIFIC STREET, Vancouver BC V6Z 2X6 only is 0.2% and it is Below Average. % of Neither English nor French speakers close to home for sale 1603 501 PACIFIC STREET, Vancouver BC V6Z 2X6, Vancouver, BC is 1.8% and it is Above Average comparing to other BC cities.

26% of all population in the area around this property with the address 1603 501 PACIFIC STREET, Vancouver BC V6Z 2X6, Vancouver, BC using Public Transport which is High, 27.2% of using population are using Cars around MLS® R2812472, which is Low. 3.2% of people using Bicycles around the 1603 501 PACIFIC STREET, Vancouver BC V6Z 2X6 and it is High. 41.7% 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 323.95
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 $499,900
Vancouver $489,877
Downtown VW $497,667
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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