508 1 E Cordova St, Vancouver, BC, MLS® R3042584

$588,000
Est. Mortgage /mo

$588,000
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
1 Beds
1 Baths
2 Stories
$ 490.86 Maint. Fee
630 sqft
1997 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

508 1 E Cordova St, Vancouver, BC | MLS® R3042584 Property Details

CALLING ALL INVESTORS & FIRST TIME BUYERS! Experience true loft living in the heart of Gastown at Carrall Station. This top floor 632sqft loft 1 bed+1 bath home features soaring 15-foot ceilings, charming Juliet balcony & oversized windows that fill the space with natural light. This home is both stylish & functional. The concrete & brick architecture blends industrial character w modern comfort, featuring in-suite laundry, cozy gas fireplace & an open layout perfect for entertaining. This boutique concrete building offers thoughtful amenities: a live-in caretaker, fitness center, secure courtyard & bike storage. Steps from SFU, VFS, Skytrain, coffee shops, dining & vibrant Gastown culture. A walkable, connected lifestyle. Secure parking stall. Pets & rentals are welcome.

General Info

Price $588,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 630
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1997
Age Of Building 28
Building Type Apartment/Condo
Property Type Residential
Architecture Style Loft/Warehouse Conv.
Stories 2
Building Amenities Trash, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R3042584
Area Vancouver East
Neighbourhood Downtown VE
City Vancouver
Gross Taxes $1,780.53
Ownership Type Freehold Strata
Maintenance Fee $490.86
Community Features Shopping Nearby
Amenities Nearby Trash, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type Underground
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning HA-2
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter
Locker -
View 1
View Description city
Units In Development 82
Exterior Features No Outdoor Area
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Angell, Hasman & Associates Realty Ltd. & Royal Pacific Realty Corp.

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
2.53 km
No Rating
Elementary
Lord Strathcona Community Elementary School
0.73 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
0.89 km
No Rating
Secondary
Sino Bright School BC
0.45 km
No Rating

Closest Transit

Translink
Eastbound W Cordova St @ Carrall St
0.05 km

508 1 E Cordova Street is serviced by Lord Strathcona Community Elementary School. The property with listing MLS® R3042584 is located 0.73 km from the school. Lord Strathcona Community Elementary School has a rating of No Rating.

This home with address 508 1 E Cordova Street, Vancouver, BC is also serviced by Britannia Community Secondary School and located 2.53 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 508 1 E Cordova Street is The Westside School with School's rating No Rating, located 0.89 km from this home.

The closest to this address 508 1 E Cordova Street Secondary independent school is Sino Bright School BC with School's rating No Rating, located 0.45 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 - 508 1 E Cordova Street, 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® R3042584 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 508 1 E Cordova Street are Above Average. Property misconduct rating adjacent to MLS® R3042584 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 0.05 km away from this listing with - MLS® R3042584.

33.2% of people with university certificate/degree live in this neighbourhood adjacent to the 508 1 E Cordova Street which is High in comparison with other BC neighbourhoods. 12.7% of population in this neighbourhood that is near the Listing MLS® R3042584 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 508 1 E Cordova Street, Vancouver, BC is $27258 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R3042584 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 # R3042584 is 10.1 which is Above Average in comparison to the other province neighbourhoods.

This real estate is located in 508 1 E Cordova Street Downtown VE 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 508 1 E Cordova Street, Vancouver, BC is 12567.4 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 508 1 E Cordova Street 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® R3042584 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 508 1 E Cordova Street is 45.4 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 508 1 E Cordova Street, 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 508 1 E Cordova Street. $1867 owners spent in average for the dwelling. Tenants are paying $914 in this district close to MLS® R3042584 and it is Below Average comparing to other cities.

76.8% of Population in this district near the 508 1 E Cordova Street are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 508 1 E Cordova Street, Vancouver, BC is 13.1%, it is Above Average, % of English speakers only is 81.5% and Below Average. % of French speakers adjacent to 508 1 E Cordova Street only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 508 1 E Cordova Street, 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 508 1 E Cordova Street, Vancouver, BC using Public Transport which is Above Average, 23.6% of using population are using Cars around MLS® R3042584, which is Low. 8% of people using Bicycles around the 508 1 E Cordova Street 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 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 $588,000
Vancouver $611,234
Downtown VE $565,000
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
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