Home Vancouver, BC False Creek 523 38 W 1ST AVENUE, Vancouver BC V5Y 0K3

679 Days on the market

523 38 W 1ST AVE, Vancouver BC V5Y 0K3, Vancouver, BC

$1,098,000

Est. Mortgage /mo

MLS® R2803023

Closed

$1,095,000

$1,068,888

Closed at 21 Nov 2023
Listing price: ~~$1,098,000~~

Dan Marusin

Renanza Realty

778-918-5990

Go See This Home Now

2 Beds

2 Baths

1 Stories

$ 850 Maint. Fee

934 sqft

2015 built

Property details

Welcome to THE ONE, a sought after complex, in the heart of Olympic Village. Unit 523 is a bright 2 Bed 2 Bath North-facing corner unit. Well kept with beautiful engineered hardwood, plush carpets, high 9 foot ceilings, AIR CONDITIONING, and views of Science World. Practical layout with bedrooms on opposite sides for maximum privacy. A gourmet kitchen with high-end S/S appliances and tons of counter space. This unit also boasts a den and a large flex room just off of the kitchen, perfect for storage and a WFH office. Amenities include a rooftop pool + hot tub, and an exercise centre. 1 parking stall just steps from the elevator + 1 Locker and plenty of visitor parking. Centrally located from coffee shops, restaurants, transit, shopping, and steps from the Sea-Wall. OPEN SAT AUG 05 2-4PM.

General Info

Price $1,098,000

Total Bedrooms 2

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 934

Lot Size -

Lot Size Depth Feet

Lot Size Frontage 0

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2015

Age Of Building 8

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Cooktop

Building Amenities Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS # R2803023

Area Vancouver West

Neighbourhood False Creek

City Vancouver

Gross Taxes $2,692.93

Ownership Type Freehold Strata

Maintenance Fee $850

Community Features Shopping Nearby

Amenities Nearby Bike Room, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Forced Air

Cooling Central Air, Air Conditioning

Utilities

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

Utility Sewer Public Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Under Building

Total Parking Spaces 1

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Strata Restrictions Pets Allowed,Rentals Allowed

Pet Restrictions Yes

Rental Restrictions -

Zoning CD

Rental Suites -

Laundry In Unit

# of Kitchens 1

Foundation Concrete Perimeter

Interior Features Elevator

Locker 1

View -

View Description -

Units In Development 241

Exterior Features Balcony

Sewer Public Sewer

Property History

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Status	Date	Price
Sold	11-21-2023	$1,098,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	9'5 x 9'5 ft
Main Level	Kitchen	8' x 8' ft
Main Level	Dining Room	10' x 10' ft
Main Level	Solarium	7'5 x 7'5 ft
Main Level	Primary Bedroom	10' x 10' ft
Main Level	Bedroom	9' x 9' ft

Listed by: One Percent 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

Public Schools

Elementary

Simon Fraser Elementary School

Average

1.43 km

Rating 5.9/10

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

St. Francis Xavier

0.81 km

Rating 9.8/10

Secondary

Columbia College

0.74 km

No Rating

Closest Transit

Translink

Eastbound E 2nd Ave @ Ontario St

0.1 km

523 38 W 1ST AVENUE, Vancouver BC V5Y 0K3 is serviced by Simon Fraser Elementary School. The property with listing MLS® R2803023 is located 1.43 km from the school. Simon Fraser Elementary School has a rating of Rating 5.9/10.

The closest Elementary independent school to this home for sale located at 523 38 W 1ST AVENUE, Vancouver BC V5Y 0K3 is St. Francis Xavier with School's rating Rating 9.8/10, located 0.81 km from this home.

The closest to this address 523 38 W 1ST AVENUE, Vancouver BC V5Y 0K3 Secondary independent school is Columbia College with School's rating No Rating, located 0.74 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 - 523 38 W 1ST AVENUE, Vancouver BC V5Y 0K3, 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® R2803023 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 523 38 W 1ST AVENUE, Vancouver BC V5Y 0K3 are Above Average. Property misconduct rating adjacent to MLS® R2803023 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 E 2nd Ave @ Ontario St in 0.1 km away from this listing with - MLS® R2803023.

58.9% of people with university certificate/degree live in this neighbourhood adjacent to the 523 38 W 1ST AVENUE, Vancouver BC V5Y 0K3 which is High in comparison with other BC neighbourhoods. 2.8% of population in this neighbourhood that is near the Listing MLS® R2803023 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 523 38 W 1ST AVENUE, Vancouver BC V5Y 0K3, Vancouver, BC is $89971 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2803023 is $57280 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 72.3% which is High.

Unemployment rate in the area around Real Estate Listing # R2803023 is 4.2 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 523 38 W 1ST AVENUE, Vancouver BC V5Y 0K3 False Creek where population change between 2011 and 2016 was 69.4%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 523 38 W 1ST AVENUE, Vancouver BC V5Y 0K3, Vancouver, BC is 8935.3 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 523 38 W 1ST AVENUE, Vancouver BC V5Y 0K3 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® R2803023 is 33% and it is Low. % of Married or living common law is around 58% and it is Average.

Average age of the population close to the 523 38 W 1ST AVENUE, Vancouver BC V5Y 0K3 is 39 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 523 38 W 1ST AVENUE, Vancouver BC V5Y 0K3, Vancouver, BC is $814643 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 523 38 W 1ST AVENUE, Vancouver BC V5Y 0K3. $1860 owners spent in average for the dwelling. Tenants are paying $1709 in this district close to MLS® R2803023 and it is High comparing to other cities.

45.7% of Population in this district near the 523 38 W 1ST AVENUE, Vancouver BC V5Y 0K3 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 523 38 W 1ST AVENUE, Vancouver BC V5Y 0K3, Vancouver, BC is 13.3%, it is Above Average, % of English speakers only is 85.4% and Below Average. % of French speakers adjacent to 523 38 W 1ST AVENUE, Vancouver BC V5Y 0K3 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 523 38 W 1ST AVENUE, Vancouver BC V5Y 0K3, Vancouver, BC is 1.3% and it is Average comparing to other BC cities.

27.5% of all population in the area around this property with the address 523 38 W 1ST AVENUE, Vancouver BC V5Y 0K3, Vancouver, BC using Public Transport which is High, 44.2% of using population are using Cars around MLS® R2803023, which is Low. 6.7% of people using Bicycles around the 523 38 W 1ST AVENUE, Vancouver BC V5Y 0K3 and it is High. 20.4% of population are walking which is High

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Local Info

Calculate your monthly mortgage payments

Down Payment Percent

Home Price

Down Payment

Interest Rate

Loan Type

/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

Down Payment Percent

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Down Payment

/month

Mortgage Payment $3201

Monthly Payment $3802

Break Even Down Payment 0%

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

Renanza Realty

778-918-5990

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