505 12 WATER ST, Vancouver BC V6B 1A4, Vancouver, BC

$841,000
Est. Mortgage /mo

MLS® R2816392

Closed

$815,000
Closed at 08 Jan 2024
Listing price: $841,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
1 Beds
1 Baths
1 Stories
$ 508.15 Maint. Fee
780 sqft
2009 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Top-floor Loft in Gastown is the perfect combination of modern and heritage design (zoning for live/work). Unbeatable location in the heart of the neighborhood, with fantastic coffee shops (Buro, Di Beppe) restaurants (Meet, The Greek), and art shops, 2 minutes away from the Steam Clock. South facing patio with a view of the city and the north shore mountains with tons of natural light. This beautiful home comes with AC, Miele appliances, spa bathroom, parking, full storage room and a bike room. Investment opportunity (currently rented for $3,450). This is the best property on the market in the area. OPEN HOUSE Friday, Sept. 22nd 10 am - 12 pm and Saturday, Sept. 23rd 2 - 4 pm.

General Info

Price $841,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 780
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2009
Age Of Building 14
Building Type Apartment/Condo
Property Type Residential
Architecture Style Penthouse
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Building Amenities Bike Room, Gas, Heat, Hot Water, Management
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2816392
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Gross Taxes $2,338.57
Ownership Type Freehold Strata
Maintenance Fee $508.15
Community Features Shopping Nearby
Amenities Nearby Bike Room, Gas, Heat, Hot Water, Management
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Electric, Forced Air
Cooling Central Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Water (WaterSource) Public

Parking

Parking Type Garage Under Building, Lane Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Restrictions -
Zoning HA2
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Concrete, Hardwood
Foundation Concrete Perimeter
Interior Features Elevator
Locker 1
View 1
View Description city, mountain, peekaboo water
Units In Development 34
Exterior Features Balcony
Roof Torch-On

Property History

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Status Date Price
Sold 01-08-2024 $841,000
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Listed by: Bellevue Realty Group

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
Britannia Community Secondary School
2.62 km
No Rating
Elementary
Lord Strathcona Community Elementary School
0.66 km
No Rating

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
0.91 km
No Rating
Secondary
Sino Bright School BC
0.35 km
No Rating

Closest Transit

Translink
Eastbound W Cordova St @ Carrall St
0.12 km

505 12 WATER STREET, Vancouver BC V6B 1A4 is serviced by Lord Strathcona Community Elementary School. The property with listing MLS® R2816392 is located 0.66 km from the school. Lord Strathcona Community Elementary School has a rating of No Rating.

This home with address 505 12 WATER STREET, Vancouver BC V6B 1A4, Vancouver, BC is also serviced by Britannia Community Secondary School and located 2.62 km from it. Britannia Community Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 505 12 WATER STREET, Vancouver BC V6B 1A4 is The Westside School with School's rating No Rating, located 0.91 km from this home.

The closest to this address 505 12 WATER STREET, Vancouver BC V6B 1A4 Secondary independent school is Sino Bright School BC with School's rating No Rating, located 0.35 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 - 505 12 WATER STREET, Vancouver BC V6B 1A4, 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® R2816392 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 505 12 WATER STREET, Vancouver BC V6B 1A4 are Above Average. Property misconduct rating adjacent to MLS® R2816392 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 Eastbound W Cordova St @ Carrall St in 0.12 km away from this listing with - MLS® R2816392.

33.2% of people with university certificate/degree live in this neighbourhood adjacent to the 505 12 WATER STREET, Vancouver BC V6B 1A4 which is High in comparison with other BC neighbourhoods. 12.7% of population in this neighbourhood that is near the Listing MLS® R2816392 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 505 12 WATER STREET, Vancouver BC V6B 1A4, Vancouver, BC is $27258 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2816392 is $23115 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 85.8% which is High.

Unemployment rate in the area around Real Estate Listing # R2816392 is 10.1 which is Above Average in comparison to the other province neighbourhoods.

This real estate is located in 505 12 WATER STREET, Vancouver BC V6B 1A4 Downtown VW where population change between 2011 and 2016 was 18.5%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 505 12 WATER STREET, Vancouver BC V6B 1A4, Vancouver, BC is 12567.4 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 505 12 WATER STREET, Vancouver BC V6B 1A4 is 2.2. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2816392 is 25.7% and it is Low. % of Married or living common law is around 24.4% and it is Low.

Average age of the population close to the 505 12 WATER STREET, Vancouver BC V6B 1A4 is 45.4 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 505 12 WATER STREET, Vancouver BC V6B 1A4, Vancouver, BC is $644599 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 505 12 WATER STREET, Vancouver BC V6B 1A4. $1867 owners spent in average for the dwelling. Tenants are paying $914 in this district close to MLS® R2816392 and it is Below Average comparing to other cities.

76.8% of Population in this district near the 505 12 WATER STREET, Vancouver BC V6B 1A4 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 505 12 WATER STREET, Vancouver BC V6B 1A4, Vancouver, BC is 13.1%, it is Above Average, % of English speakers only is 81.5% and Below Average. % of French speakers adjacent to 505 12 WATER STREET, Vancouver BC V6B 1A4 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 505 12 WATER STREET, Vancouver BC V6B 1A4, Vancouver, BC is 5.4% and it is High comparing to other BC cities.

23.6% of all population in the area around this property with the address 505 12 WATER STREET, Vancouver BC V6B 1A4, Vancouver, BC using Public Transport which is Above Average, 23.6% of using population are using Cars around MLS® R2816392, which is Low. 8% of people using Bicycles around the 505 12 WATER STREET, Vancouver BC V6B 1A4 and it is High. 42.9% of population are walking which is High

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Local Info

Calculate your monthly mortgage payments

/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

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 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.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $841,000
Vancouver $891,988
Downtown VW $772,122
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
778-918-5990
Call or Text Now!
Thank you Your message has been sent

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