2705 488 SW Marine Dr, Vancouver, BC, MLS® R3017801

$568,000
Est. Mortgage /mo

$568,000
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
488 sqft
2015 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

2705 488 SW Marine Dr, Vancouver, BC | MLS® R3017801 Property Details

Welcome to Marine Gateway – Urban Living at Its Best! This efficient and well-designed 1 Bedroom, 1 Bathroom home offers open-concept living, sleek finishes, and stunning city views at one of South Vancouver’s most convenient and vibrant communities. Direct access to Marine Drive SkyTrain Station – just minutes to Downtown, Richmond, and YVR. T&T Supermarket, Cineplex, restaurants, banks & shops right downstairs. Close to Winona Park, Langara Golf Course, Langara College, and more! Enjoy everything you need at your doorstep in a growing, transit-oriented neighborhood that offers unbeatable walkability and connectivity

General Info

Price $568,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 488
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
Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Management, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R3017801
Area Vancouver West
Neighbourhood Marpole
City Vancouver
Gross Taxes $1,733.42
Ownership Type Freehold Strata
Maintenance Fee $347.22
Community Features Shopping Nearby
Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Management, Water
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard

Utilities

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

Parking

Parking Type Underground
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 CD-1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Mixed, Tile, Carpet
Foundation Concrete Perimeter
Interior Features Elevator
Locker 1
View -
View Description -
Units In Development -
Exterior Features Garden, Balcony
Sewer Public Sewer, Sanitary Sewer, Storm 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 2705 488 SW Marine Drive in beautiful Vancouver, BC, a sought-after address with a plethora of amenities and a strong sense of community. As your trusted realtor, I'm excited to share with you the highlights of this fantastic neighborhood.

Education

When it comes to education, families love this area because of its proximity to top-rated schools. The property at 2705 488 SW Marine Drive is serviced by J.W. Sexsmith Community Elementary School, a highly-rated institution with a 0.92 km radius from the home. This school has a No Rating, but its proximity and reputation make it a great choice for families. Additionally, Sir Winston Churchill Secondary School is nearby, with a 1.34 km radius from the property. This school also has a No Rating, but its accessibility and reputation make it a popular choice among students.

For parents seeking alternative education options, St. Anthony of Padua, an independent elementary school, is located 1.64 km from the property. With a rating of 8.7/10, this school is a great choice for families seeking a unique educational experience. Royal Canadian College, an independent secondary school, is also nearby, with a No Rating and a 0.36 km radius from the property.

Safety

As a resident of 2705 488 SW Marine Drive, you'll appreciate the low crime rate in the area. According to Statistics Canada's 2020 report, the overall crime rate near this address is 7,470.82, which is considered Average compared to other Canadian cities. The total crime rate has seen a year-over-year decrease of -14.94%, making this area a safe and desirable place to live.

Regarding drug crime, the rating next to the listing MLS® R3017801 is Average, with 1,604 illegal substances lawbreaking disturbances in 2020. The year-over-year change in the illegal substances offences ranking is 1.58%.

Property crimes in the neighborhood are Above Average, with a property misconduct rating of 5,020.27. However, the year-over-year change in the property misconduct rate is -20.80%, indicating a decrease in property crimes.

Violent crimes in the area are Below Average, with a rate of 1,311.69 in 2020. The year-over-year change in the violent crime rate is 3.53%, indicating a slight increase.

Demographics

The demographics of the area around 2705 488 SW Marine Drive are diverse and attractive. According to the latest data, 36.9% of people with a university certificate/degree live in this neighborhood, which is High compared to other BC neighborhoods. On the other hand, 12.6% of the population in this area have no certificate or degree, which is Below Average compared to the average in BC.

The median household income near this dwelling 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.

Lifestyle Amenities

The area around 2705 488 SW Marine Drive offers a wide range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The closest bus station is Marine Drive Station @ Bay 2, located 0.07 km away from this listing with MLS® R3017801.

Real Estate Context

The average size of families in the area is 2.8, which is Below Average compared to the whole region. However, 65.3% of families with children live in this area, which is Above Average. The average age of the population is 43.3, which is Above Average in comparison to other BC cities.

The average value of dwellings in this neighborhood is $1,447,672, which is High compared to other areas in British Columbia. Average owner payments are Above Average in the area, with owners spending $1,441 on average for their dwellings. Tenants are paying $1,368 in this district, which is High compared to other cities.

Transportation

The area around 2705 488 SW Marine Drive is well-connected, with 42.1% of the population using public transportation, which is Above Average compared to other BC cities and areas. The remaining population uses cars (58.3%), bicycles (3%), and walking (2.7%), with the latter being Below Average.

In conclusion, 2705 488 SW Marine Drive is a fantastic address in Vancouver, BC, offering a unique blend of education, safety, demographics, lifestyle amenities, and real estate context. As your trusted realtor, I'm excited to help you explore this property and

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 347.22
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 $568,000
Vancouver $525,821
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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