401 525 Wheelhouse Square, Vancouver, BC | MLS® R3045761 Property Details

A truly rare offering–this spacious 2 bed, 2 bath FREEHOLD, TOP-FLOOR home in the heart of False Creek boasts nearly 1,200 SF of open-concept living. Being an END UNIT, you will feel like you are in a home, not a condo, due to the numerous windows (including in the kitchen and dining room), a vaulted ceiling with soaring skylights in the living room providing plenty of natural light. Located directly on the seawall, take a leisurely stroll to Granville Island or hop on the Aquabus to Yaletown shops and restaurants. Steps to parks/transit and Cambie Village. The building features top-tier amenities including an indoor pool, hot tub and fitness centre. One secured parking stall included. An exceptional chance to own in one of Vancouver's most desirable waterfront communities.

General Info

Price $1,239,800

Total Bedrooms 2

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 1196

Lot Size -

Lot Size Depth Feet

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1990

Age Of Building 35

Building Type Apartment/Condo

Property Type Residential

Architecture Style Penthouse

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven, Range Top

Building Amenities Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Snow Removal, Water

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS # R3045761

Area Vancouver West

Neighbourhood False Creek

City Vancouver

Gross Taxes $3,455.03

Ownership Type Freehold Strata

Maintenance Fee $755.47

Amenities Nearby Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Snow Removal, Water

Heating & Cooling

Fireplace 1

Heating Type Baseboard

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Single, Underground, Front Access

Total Parking Spaces 1

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Strata Restrictions Pets Not Allowed,Rentals Allwd w/Restrctns

Pet Restrictions No

Rental Restrictions 30

Zoning FCCDD

Rental Suites -

Laundry In Unit

# of Kitchens 1

Flooring Hardwood

Foundation Concrete Perimeter

Interior Features Elevator

Locker -

View Description Peak Water/City

Units In Development 83

Exterior Features Garden, Balcony

Sewer Public Sewer, Sanitary Sewer

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	19'9 x 19'9 ft
Main Level	Dining Room	15'7 x 15'7 ft
Main Level	Kitchen	11'1 x 11'1 ft
Main Level	Primary Bedroom	14'8 x 14'8 ft
Main Level	Bedroom	11'3 x 11'3 ft
Main Level	Office	8'8 x 8'8 ft

Listed by: Engel & Volkers Vancouver

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

Kitsilano Secondary School

3.55 km

No Rating

Elementary

False Creek Elementary School

0.76 km

No Rating

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

Private Schools

Elementary

The Westside School

0.96 km

No Rating

Secondary

St. John's International

0.71 km

No Rating

Closest Transit

Translink

Olympic Village Station @ Bay 2

0.33 km

Welcome to 401 525 Wheelhouse Square, a stunning property located in the heart of Vancouver, BC. As your trusted realtor, I'm excited to walk you through the community and highlight its many charms.

Education

When it comes to education, families in this area are well-served by top-notch schools. The property is serviced by False Creek Elementary School, which is just a 0.76 km walk away. With a rating of No Rating, this school is a great option for families looking for a quality education. In addition, Kitsilano Secondary School is also nearby, located 3.55 km from the property. You'll also find The Westside School, an independent elementary school, just 0.96 km from this home, and St. John's International, a secondary independent school, located 0.71 km from the property.

Safety

When it comes to safety, this neighborhood excels. According to the 2020 crime statistics from Statistics Canada, the overall crime rate near 401 525 Wheelhouse Square is 7,470.82, which is considered Average compared to other Canadian cities. The drug crime rate is also Average, with a rating of 229.49, and 1,604 illegal substances lawbreaking disturbances in 2020. Property crimes in the area are Above Average, with 35,089 incidents in 2020, but the violent crime rate is Below Average, with 1,311.69 incidents in 2020.

Community

This vibrant community is home to 51.2% of people with a university certificate or degree, making it one of the highest percentages in BC. In contrast, only 4.9% of the population has no certificate or degree, making it one of the lowest percentages in the province. The median household income near this property is $78,176, which is Above Average compared to the BC average. The median personal income is $48,314, which is also High compared to the BC average.

Housing

The average value of dwellings in this neighborhood is $822,354, making it one of the highest in BC. The average owner payments are Above Average, with $1,428 spent on average for the dwelling. Tenants are paying $1,351 in this district, which is also High compared to other cities. 48% of the population in this district are renters, which is High compared to other BC cities and areas.

Commuting

Getting around is a breeze in this neighborhood. The closest Bus station is Olympic Village Station @ Bay 2, just 0.33 km away from this property. You can also easily access major highways and SkyTrain stations. 27.2% of the population uses public transport, which is High, while 45.6% use cars, which is Low. 6.9% of people use bicycles, which is High, and 19% walk, which is also High.

Lifestyle

This community is alive with activity, with plenty of parks, beaches, trails, and shopping centers nearby. You'll find plenty of options for food, coffee, and entertainment, making it the perfect place to call home.

If you're looking for a property that offers it all, look no further than 401 525 Wheelhouse Square, MLS® R3045761. Contact me today to schedule a viewing and make this stunning property yours.

Average dwelling value: $822,354 Owner vs renter split: 51.2% of households are owner-occupied, while 48% are renter-occupied Average commuting time: 20-30 minutes to downtown Vancouver Public transportation: Olympic Village Station @ Bay 2, 0.33 km away School ratings: False Creek Elementary School (No Rating), Kitsilano Secondary School (No Rating), The Westside School (No Rating), St. John's International (No Rating)

This property is a rare find in one of Vancouver's most sought-after neighborhoods. Don't miss out on the opportunity to own a piece of this vibrant community. Contact me today to schedule a viewing and make 401 525 Wheelhouse Square, MLS® R3045761, your home.

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