50 1386 Nicola St, Vancouver, BC V6G 2G2, Vancouver, BC, V6G 2G2 | MLS® R3008551 Property Details

Nestled along the shores of English Bay is Kensington Place, a very special Vancouver icon and heritage treasure. On offer is a rare opportunity to acquire a 2 bedroom, 2 bathroom piece of history. This extraordinary west facing corner unit has dramatic waterfront, mountain and sunset views. The home is spacious and exquisitely renovated boasting a high-end gourmet kitchen featuring a Wolf gas range and European integrated appliances. The generous layout is spread over 1600sf and all principal rooms are large, can comfortably accommodate house size furniture and encourage entertaining. Underground parking and separate storage locker complete this exceptional offering.

General Info

Price $2,789,000

Total Bedrooms 2

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 1605

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1912

Age Of Building 113

Building Type Apartment/Condo

Property Type Residential

Stories 1

Building Amenities Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Water

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS # R3008551

Area Vancouver West

Neighbourhood West End VW

City Vancouver

Gross Taxes $6,829.78

Ownership Type Freehold Strata

Maintenance Fee $1,158.03

Community Features Shopping Nearby

Amenities Nearby Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Water

Fixtures Included 1

Heating & Cooling

Fireplace 1

Heating Type 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

Total Parking Spaces 1

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Strata Restrictions Pets Allowed,Rentals Allowed,Smoking Restrictions

Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes

Rental Restrictions -

Zoning RM-5A

Rental Suites -

Laundry In Unit, Common Area

# of Kitchens 1

Flooring Hardwood, Tile, Carpet

Foundation Slab

Interior Features Elevator, Guest Suite

Locker 1

View Description Water, Sunset, Mountains

Units In Development 21

Exterior Features Balcony

Sewer Sanitary Sewer, Storm Sewer

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Foyer	9' x 9' ft
Main Level	Living Room	17'10 x 17'10 ft
Main Level	Dining Room	16'4 x 16'4 ft
Main Level	Kitchen	16' x 16' ft
Main Level	Eating Area	10'10 x 10'10 ft
Main Level	Primary Bedroom	15' x 15' ft
Main Level	Walk-In Closet	13'6 x 13'6 ft
Main Level	Bedroom	14'8 x 14'8 ft

Listed by: Royal LePage Sussex & Royal LePage Sussex

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

0.89 km

No Rating

Elementary

Lord Roberts Annex

0.78 km

No Rating

Elementary

Lord Roberts Elementary School

Average

0.54 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

0.93 km

No Rating

Secondary

Pattison School

1.13 km

No Rating

Closest Transit

Translink

Westbound Beach Ave @ Cardero St

0.11 km

Welcome to 50 1386 Nicola Street, a stunning property located in the heart of Vancouver's vibrant West End neighborhood. As your trusted realtor, I'm excited to share with you the unique features and advantages of this incredible home, along with the surrounding community.

Education

Just down the road, you'll find Lord Roberts Annex, a highly-rated school that's just 0.78 km from this property. Lord Roberts Annex boasts a No Rating, and it's a great option for families who value a strong educational foundation. In addition to Lord Roberts Annex, King George Secondary School is also nearby, located just 0.89 km from this property, with a No Rating. And for those seeking an independent school experience, Anchor Point Montessori is just 0.93 km away, with a No Rating as well. Pattison School, another excellent independent school, is located 1.13 km from this home, with a No Rating.

Safety

According to the latest crime data from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. With 52,217 reported disturbances, you can rest assured that this area is relatively safe. Additionally, the drug crime rate is Average, with an illegal substances offenses rating of 229.49, and there were 1,604 reported incidents in 2020. The year-by-year change in the illegal substances offenses ranking is a mere 1.58%. Property crimes are Above Average, with a rating of 5,020.27, and 35,089 reported incidents in 2020. However, the year-by-year change in the property misconduct rate is a significant -20.80%. Violent crime rates are Below Average, with a rate of 1,311.69, and 9,168 reported incidents in 2020.

Lifestyle and Community

Just a short walk from this home, you'll find the Westbound Beach Ave @ Cardero St bus station, conveniently located 0.11 km away. This property is surrounded by a vibrant community with a high percentage of university-educated residents, with 45.8% holding a university certificate or degree. This is a significant advantage compared to other BC neighborhoods. On the other hand, 3.6% of the population in this area have no certificate or degree, which is relatively low compared to the average in BC.

Demographics

The median household income in this neighborhood is $51,531, which is Below Average compared to the British Columbia average. However, the median personal income is $37,786, which is Above Average in comparison to the BC average. The percentage of households with a mortgage is 45.3%, which is relatively low.

Transportation and Commuting

The unemployment rate in this area is an impressively low 5.1%, making it an attractive option for those seeking a stable job market. This neighborhood has experienced Above Average growth between 2011 and 2016, with a 6% population increase. The population density per square kilometer is a staggering 24,119.9, making it one of the most densely populated areas in Vancouver. Average family size is relatively low at 2.2, and the percentage of families with children is also low at 20%. However, the average age of the population is 42.3, which is Average compared to other BC cities.

Real Estate and Lifestyle

The average value of dwellings in this neighborhood is a substantial $696,217, making it one of the more expensive areas in Vancouver. However, the average owner payments are Above Average, with owners spending an average of $1,332 on their dwellings. Tenants are also paying Above Average rent, with an average of $1,302 per month. A significant 86.5% of the population in this area are renters, which is relatively high compared to other BC cities and areas.

Language and Transportation

The percentage of English and French speakers in this area is 15.2%, which is Above Average. However, the percentage of English speakers only is 83.6%, which is Below Average. The percentage of neither English nor French speakers is a mere 1.1%, which is Average compared to other BC cities. A significant 30.5% of the population uses public transport, which is relatively high. On the other hand, 30.2% of residents use cars, which is relatively low. 10.5% of residents use bicycles, and 26.7% of residents walk, both of which are relatively high.

This unique property at 50 1386 Nicola Street, Vancouver, BC V6G 2G2, Vancouver, BC, V6G 2G2 (MLS® R3008551) offers the perfect blend of lifestyle, community

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