Home Vancouver, BC False Creek 308 W 1ST AVENUE, Vancouver BC V5Y 3T7

753 Days on the market

308 W 1ST AVE, Vancouver BC V5Y 3T7, Vancouver, BC

$1,249,000

Est. Mortgage /mo

MLS® R2769719

Closed

$1,240,000

$1,279,000

Closed at 01 Aug 2023
Listing price: ~~$1,249,000~~

Dan Marusin

Renanza Realty

778-918-5990

Go See This Home Now

2 Beds

3 Baths

2 Stories

$ 780.77 Maint. Fee

1217 sqft

2009 built

Property details

Beautiful Olympic Village townhouse with mountain & city views listed UNDER assessed value. The Foundry, built by Polygon, is a spacious open-concept 2 Bedroom + Flex, 3 Bathroom townhouse with a private walk-out entrance, ground floor patio, upper floor balcony, SS appliances, 10ft ceilings, in-suite storage, situated in False Creek / Olympic Village. This townhouse is located in a quiet concrete building that is a short walk to the seawall, restaurants, parks and the many amenities of Olympic Village. Building includes a fitness center w $40k upgrades, spacious courtyard, 2 parking spots, heat included in strata fees, gardening plots, steps to the Canada Line. Currently tenanted at $3600/mnth.

General Info

Price $1,249,000

Total Bedrooms 2

Total Bathrooms 2

Half Bathrooms 1

Floor Area Total (sqft) 1217

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2009

Age Of Building 14

Building Type Townhouse

Property Type Residential

Architecture Style Ground Level Unit

Stories 2

Building Amenities Exercise Centre, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water

Building Features BuildingFeatures

Structures Residential Attached

Additional Details

MLS # R2769719

Area Vancouver West

Neighbourhood False Creek

City Vancouver

Gross Taxes $3,247.68

Ownership Type Freehold Strata

Maintenance Fee $780.77

Community Features Shopping Nearby

Amenities Nearby Exercise Centre, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Baseboard, Hot Water

Utilities

Utility Type Electricity Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Underground, Rear Access

Total Parking Spaces 2

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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 100

Zoning CD-1

Rental Suites -

Laundry In Unit

# of Kitchens 1

Foundation Concrete Perimeter

Interior Features Elevator

View Description MOUNTAINS, CITY

Units In Development -

Exterior Features Garden, Balcony

Sewer Public Sewer, Sanitary Sewer

Roof Other

Property History

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Status	Date	Price
Sold	08-01-2023	$1,249,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	12'6 x 12'6 ft
Main Level	Kitchen	9'0 x 9'0 ft
Main Level	Dining Room	5'9 x 5'9 ft
Main Level	Flex Room	4'9 x 4'9 ft
Above Level	Primary Bedroom	17'6 x 17'6 ft
Above Level	Bedroom	10'9 x 10'9 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#2
Above Level	Yes	#4
Above Level	No	#4

Listed by: Team 3000 Realty Ltd.

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

Elementary

Simon Fraser Elementary School

Average

1.33 km

Rating 5.9/10

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

The Westside School

0.98 km

No Rating

Secondary

St. John's International

0.6 km

No Rating

Closest Transit

Translink

Westbound W 2nd Ave @ Crowe St

0.08 km

308 W 1ST AVENUE, Vancouver BC V5Y 3T7 is serviced by Simon Fraser Elementary School. The property with listing MLS® R2769719 is located 1.33 km from the school. Simon Fraser Elementary School has a rating of Rating 5.9/10.

The closest Elementary independent school to this home for sale located at 308 W 1ST AVENUE, Vancouver BC V5Y 3T7 is The Westside School with School's rating No Rating, located 0.98 km from this home.

The closest to this address 308 W 1ST AVENUE, Vancouver BC V5Y 3T7 Secondary independent school is St. John's International with School's rating No Rating, located 0.6 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 - 308 W 1ST AVENUE, Vancouver BC V5Y 3T7, 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® R2769719 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 308 W 1ST AVENUE, Vancouver BC V5Y 3T7 are Above Average. Property misconduct rating adjacent to MLS® R2769719 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 W 2nd Ave @ Crowe St in 0.08 km away from this listing with - MLS® R2769719.

58.9% of people with university certificate/degree live in this neighbourhood adjacent to the 308 W 1ST AVENUE, Vancouver BC V5Y 3T7 which is High in comparison with other BC neighbourhoods. 2.8% of population in this neighbourhood that is near the Listing MLS® R2769719 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 308 W 1ST AVENUE, Vancouver BC V5Y 3T7, Vancouver, BC is $89971 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2769719 is $57280 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 72.3% which is High.

Unemployment rate in the area around Real Estate Listing # R2769719 is 4.2 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 308 W 1ST AVENUE, Vancouver BC V5Y 3T7 False Creek where population change between 2011 and 2016 was 69.4%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 308 W 1ST AVENUE, Vancouver BC V5Y 3T7, Vancouver, BC is 8935.3 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 308 W 1ST AVENUE, Vancouver BC V5Y 3T7 is 2.4. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2769719 is 33% and it is Low. % of Married or living common law is around 58% and it is Average.

Average age of the population close to the 308 W 1ST AVENUE, Vancouver BC V5Y 3T7 is 39 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 308 W 1ST AVENUE, Vancouver BC V5Y 3T7, Vancouver, BC is $814643 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 308 W 1ST AVENUE, Vancouver BC V5Y 3T7. $1860 owners spent in average for the dwelling. Tenants are paying $1709 in this district close to MLS® R2769719 and it is High comparing to other cities.

45.7% of Population in this district near the 308 W 1ST AVENUE, Vancouver BC V5Y 3T7 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 308 W 1ST AVENUE, Vancouver BC V5Y 3T7, Vancouver, BC is 13.3%, it is Above Average, % of English speakers only is 85.4% and Below Average. % of French speakers adjacent to 308 W 1ST AVENUE, Vancouver BC V5Y 3T7 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 308 W 1ST AVENUE, Vancouver BC V5Y 3T7, Vancouver, BC is 1.3% and it is Average comparing to other BC cities.

27.5% of all population in the area around this property with the address 308 W 1ST AVENUE, Vancouver BC V5Y 3T7, Vancouver, BC using Public Transport which is High, 44.2% of using population are using Cars around MLS® R2769719, which is Low. 6.7% of people using Bicycles around the 308 W 1ST AVENUE, Vancouver BC V5Y 3T7 and it is High. 20.4% of population are walking which is High

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Local Info

Calculate your monthly mortgage payments

Down Payment Percent

Home Price

Down Payment

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $202

Maintenance fee 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.

Cash Flow Analysis

Down Payment Percent

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Down Payment

/month

Mortgage Payment $3201

Monthly Payment $3802

Break Even Down Payment 0%

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

Renanza Realty

778-918-5990

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