506 8 SMITHE MEWS, Vancouver BC V6B 0A5, Vancouver, BC

$1,279,000
Est. Mortgage /mo

MLS® R2849302

Closed

$1,249,000
Closed at 15 May 2024
Listing price: $1,279,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
2 Beds
2 Baths
1 Stories
$ 722 Maint. Fee
1057 sqft
2008 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Welcome to the Flagship by Concord Pacific, one of the most prestigious waterfront residences in all of downtown Vancouver. This building boasts high-end finishings, custom Italian cabinetry, luxurious appliances, A/C, a full-time concierge and world-class waterfront views. This 2 bed, 2 bath, 2 balcony suite is listed BELOW assessed value! Situated right on the seawall, enjoy views of False Creek, Science World and a newly designed waterfront park (est. comp 2024). Relax at the Esprit City Club which includes a fitness centre, pool, hot tub, sauna/steam room and bowling alley, or go for a quick stroll into Yaletown to enjoy some of the finest restaurants and bars the city has to offer.

General Info

Price $1,279,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1057
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2008
Age Of Building 16
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Disposal, Refrigerator, Stove, Microwave, Range Top
Building Amenities Bike Room, Exercise Centre, Sauna/Steam Room, Concierge, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2849302
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Gross Taxes $3,642.72
Ownership Type Freehold Strata
Maintenance Fee $722
Amenities Nearby Bike Room, Exercise Centre, Sauna/Steam Room, Concierge, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal

Heating & Cooling

Fireplace -
Heating Type Baseboard, Electric
Cooling Central Air, Air Conditioning

Utilities

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

Parking

Parking Type Underground, Rear 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 (Two), Yes With Restrictions
Rental Restrictions -
Zoning CD
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Carpet
Foundation Concrete Perimeter
Interior Features Elevator, Guest Suite, Pantry
Locker -
View 1
View Description WATER, PARK
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property History

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Status Date Price
Sold 05-15-2024 $1,279,000
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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

Private Schools

Elementary
The Westside School
0.41 km
No Rating
Secondary
Lowell High School
0.6 km
No Rating

Closest Transit

Translink
Eastbound Pacific Blvd @ Marinaside Cres
0.17 km

The closest Elementary independent school to this home for sale located at 506 8 SMITHE MEWS, Vancouver BC V6B 0A5 is The Westside School with School's rating No Rating, located 0.41 km from this home.

The closest to this address 506 8 SMITHE MEWS, Vancouver BC V6B 0A5 Secondary independent school is Lowell High School 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 - 506 8 SMITHE MEWS, Vancouver BC V6B 0A5, 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® R2849302 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 506 8 SMITHE MEWS, Vancouver BC V6B 0A5 are Above Average. Property misconduct rating adjacent to MLS® R2849302 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 Pacific Blvd @ Marinaside Cres in 0.17 km away from this listing with - MLS® R2849302.

56.5% of people with university certificate/degree live in this neighbourhood adjacent to the 506 8 SMITHE MEWS, Vancouver BC V6B 0A5 which is High in comparison with other BC neighbourhoods. 3.6% of population in this neighbourhood that is near the Listing MLS® R2849302 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 506 8 SMITHE MEWS, Vancouver BC V6B 0A5, Vancouver, BC is $78822 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2849302 is $47376 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 70.6% which is High.

Unemployment rate in the area around Real Estate Listing # R2849302 is 5.5 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 506 8 SMITHE MEWS, Vancouver BC V6B 0A5 Yaletown where population change between 2011 and 2016 was 6.7%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 506 8 SMITHE MEWS, Vancouver BC V6B 0A5, Vancouver, BC is 14953.4 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 506 8 SMITHE MEWS, Vancouver BC V6B 0A5 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® R2849302 is 36.5% and it is Low. % of Married or living common law is around 52.8% and it is Below Average.

Average age of the population close to the 506 8 SMITHE MEWS, Vancouver BC V6B 0A5 is 37.8 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 506 8 SMITHE MEWS, Vancouver BC V6B 0A5, Vancouver, BC is $756218 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 506 8 SMITHE MEWS, Vancouver BC V6B 0A5. $1811 owners spent in average for the dwelling. Tenants are paying $1803 in this district close to MLS® R2849302 and it is High comparing to other cities.

51.6% of Population in this district near the 506 8 SMITHE MEWS, Vancouver BC V6B 0A5 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 506 8 SMITHE MEWS, Vancouver BC V6B 0A5, Vancouver, BC is 10.5%, it is Above Average, % of English speakers only is 86.7% and Below Average. % of French speakers adjacent to 506 8 SMITHE MEWS, Vancouver BC V6B 0A5 only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 506 8 SMITHE MEWS, Vancouver BC V6B 0A5, Vancouver, BC is 2.6% and it is Above Average comparing to other BC cities.

19.2% of all population in the area around this property with the address 506 8 SMITHE MEWS, Vancouver BC V6B 0A5, Vancouver, BC using Public Transport which is Above Average, 37.5% of using population are using Cars around MLS® R2849302, which is Low. 2.8% of people using Bicycles around the 506 8 SMITHE MEWS, Vancouver BC V6B 0A5 and it is Above Average. 38.6% 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 722
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 $1,279,000
Vancouver $1,328,337
Yaletown $1,478,484
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
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