401 1250 Burnaby St, Vancouver, BC, MLS® R3033129

$299,000
Est. Mortgage /mo

$299,000
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
0 Beds
1 Baths
1 Stories
lot 0 sqft
408 sqft
1966 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

401 1250 Burnaby St, Vancouver, BC | MLS® R3033129 Property Details

FIRST TIME home buyer/INVESTOR ?? Welcome to the Horizon - located in Vancouvers most popular neighbourhood - The West End ! No car ? No problem ! This wonderful studio offers Vancouvers best - literally, outside your door. World famous English Bay & the Seawall, shopping, groceries, entertainment, transit, Stanley Park, Sunset Beach, Aquatic Center - pure city lifestyle. Nicely updated, bright, w/option to enclose the sleeping area. Full appliance package, new laminate floors & custom glass-walled jetted bathtub. Spectacular roof-top deck with SWIMMING POOL & incredible views - creates the sense of community found in this building. This a perfect pied-a-terre or investment property - with very strong rental return. Prepaid lease - 2073. Call anytime to view.

General Info

Price $299,000
Total Bedrooms 0
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 408
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1966
Age Of Building 59
Building Type Apartment/Condo
Property Type Residential
Architecture Style Bachelor/Studio
Stories 1
Appliances Included Dishwasher, Refrigerator, Microwave, Oven, Range Top
Building Amenities Heat, Hot Water, Management, Taxes, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R3033129
Area Vancouver West
Neighbourhood West End VW
City Vancouver
Gross Taxes 0
Ownership Type Leasehold prepaid-NonStrata
Maintenance Fee $567.59
Community Features Shopping Nearby
Amenities Nearby Heat, Hot Water, Management, Taxes, Water

Heating & Cooling

Fireplace -
Heating Type Baseboard, Hot Water

Utilities

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

Parking

Parking Type Underground, Open
Total Parking Spaces -

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Strata Restrictions Pets Not Allowed,Rentals Allwd w/Restrctns
Pet Restrictions No
Rental Restrictions -
Zoning RM-5A
Rental Suites -
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter
View 1
View Description Corridor - Water
Units In Development 89
Sewer Public Sewer, Sanitary Sewer

Property History

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Status Date Price
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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
0.91 km
No Rating
Elementary
Lord Roberts Annex
0.45 km
No Rating
Elementary
Lord Roberts Elementary School
Average
0.62 km
Rating 4.6/10

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

Private Schools

Elementary
Anchor Point Montessori
0.64 km
No Rating
Secondary
Pattison School
0.78 km
No Rating

Closest Transit

Translink
Eastbound Davie St @ Jervis St
0.11 km
Welcome to 401 1250 Burnaby Street, Vancouver, BC - MLS R3033129

As we walk through the charming West End neighborhood of Vancouver, you'll find that 401 1250 Burnaby Street is a desirable address, surrounded by excellent schools, safe community, and convenient amenities.

Schools

Let's start with the educational institutions that shape the future of our young minds. Lord Roberts Annex, located just 0.45 km from the property, has no rating, but it's a great starting point for your little ones. King George Secondary School, within a 0.91 km radius, also has no rating, but its proximity to the property makes it an attractive option for families. For those seeking a Montessori education, Anchor Point Montessori is just 0.64 km away, while Pattison School, a Secondary independent school, is 0.78 km from the property.

Safety and Crime

According to Statistics Canada's 2020 report, the neighborhood surrounding 401 1250 Burnaby Street has an average crime rate of 7,470.82, which is typical for urban areas. However, it's essential to note that the overall crime rate has decreased by 14.94% year-over-year. Additionally, the drug crime rate is average, with a rating of 229.49, while property crimes are above average, with a rating of 5,020.27. The good news is that violent crime rates are below average, making this a safe community for families.

Demographics

The demographics of the West End neighborhood are diverse and attractive. Approximately 44.3% of the population holds a university certificate or degree, which is high compared to other BC neighborhoods. On the other hand, 3.7% of the population has no certificate or degree, which is low compared to the average in BC. The median household income is $53,299, which is below average compared to British Columbia. However, the median personal income is $37,541, which is above average.

Transit and Commuting

Convenience is key when it comes to getting around. The closest bus station, Eastbound Davie St @ Jervis St, is only 0.11 km away from the property. With a 44.3% public transportation usage rate, the West End neighborhood is well-connected to the rest of Vancouver. Additionally, 27.4% of residents use cars, 9% use bicycles, and 37.4% walk, making it an eco-friendly and accessible community.

Lifestyle Amenities

The West End neighborhood is renowned for its vibrant lifestyle amenities. Residents can enjoy nearby parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, coffee shops, and hospitals. The average dwelling value in the area is $609,697, which is high compared to other areas in British Columbia.

Real Estate Context

As for the property itself, the average owner payments are below average, with an average expenditure of $1,111 on dwellings. Tenants, on the other hand, pay an average of $1,368 per month, which is high compared to other cities. Approximately 80% of the population in the area are renters, which is high compared to other BC cities and areas.

Conclusion

401 1250 Burnaby Street, Vancouver, BC - MLS R3033129 is a fantastic opportunity to own a piece of Vancouver's vibrant West End neighborhood. With its excellent schools, safe community, and convenient amenities, this property is perfect for families, professionals, and anyone looking for a unique urban lifestyle experience.

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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 $299,000
Vancouver $379,527
West End VW $403,415
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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