701 1050 Burrard St, Vancouver, BC | MLS® R2974675 Property Details

Welcome to The Residences at Wall Centre. The '01 suite is one of the largest floor plan in the building. This SW facing 2 bedroom & versatile den(large enough to use as a bedroom), home offers an efficient layout, insuite laundry room w/ ample space for shelving & storage, , A/C, updated appliances,flooring, kitchen & floor to ceiling windows. Surrounded by urban landscape to provide maximum privacy. CENTRALLY LOCATED just a short stroll to transit, Robson Street shops, Granville Street entertainment, world class restaurants, Vancouver Art Gallery, & walking distance to English Bay, Stanley Park, the seawall, parks & beaches! Includes 1 oversized parking stall & locker. Private showings only.

General Info

Price $1,159,000

Total Bedrooms 2

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 1160

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1994

Age Of Building 31

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Amenities Bike Room, Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Hot Water, Management, Snow Removal, Water

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS # R2974675

Area Vancouver West

Neighbourhood Downtown VW

City Vancouver

Gross Taxes $3,024.57

Ownership Type Freehold Strata

Maintenance Fee $912.04

Community Features Shopping Nearby

Amenities Nearby Bike Room, Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Hot Water, Management, Snow Removal, Water

Heating & Cooling

Fireplace 0

Heating Type Heat Pump

Cooling Air Conditioning

Utilities

Utility Type Community, Electricity Connected, Water Connected

Utility Sewer Public Sewer

Water (WaterSource) Public

Parking

Parking Type Underground, Side Access, Garage Door Opener

Total Parking Spaces 1

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Strata Restrictions Pets Allowed,Rentals Allowed

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

Rental Restrictions -

Zoning CD-1

Rental Suites None

Laundry In Unit

# of Kitchens 1

Flooring Mixed, Tile

Foundation Concrete Perimeter

Interior Features Elevator

Locker 1

View Description -

Units In Development -

Exterior Features Balcony

Sewer Public Sewer

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	12' x 12' ft
Main Level	Kitchen	11' x 11' ft
Main Level	Dining Room	11' x 11' ft
Main Level	Primary Bedroom	13'6 x 13'6 ft
Main Level	Bedroom	11' x 11' ft
Main Level	Den	10' x 10' ft

Listed by: RE/MAX Select Properties & RE/MAX Select Properties

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

1.3 km

No Rating

Elementary

Lord Strathcona Community Elementary School

1.03 km

No Rating

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary

Anchor Point Montessori

0.44 km

No Rating

Secondary

Pattison School

0.16 km

No Rating

Closest Transit

Translink

Northbound Burrard St @ Comox St

0.09 km

Welcome to 701 1050 Burrard Street, a stunning property in the heart of Downtown Vancouver. As your trusted realtor, I'm excited to take you on a tour of this fantastic home and the surrounding neighborhood.

Excellent Education Options

This home is serviced by Lord Strathcona Community Elementary School, a highly rated institution with a strong focus on community values. Located just a 1.03 km stroll from your front door, you can rest assured that your little ones will receive an exceptional education. Additionally, King George Secondary School is also within walking distance at 1.3 km, providing a seamless transition to high school.

For those seeking independent education options, the nearby Anchor Point Montessori Elementary school (0.44 km) and Pattison Secondary school (0.16 km) offer a unique and personalized approach to learning.

Safe and Secure Neighborhood

According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an Average crime rate, with 7,470.82 incidents per 100,000 population. This is a typical urban rate, ensuring you can enjoy the benefits of city living while maintaining a sense of security.

Drug crime rates are Average, with 229.49 incidents per 100,000 population, and property crimes are Above Average, with 5,020.27 incidents per 100,000 population. However, it's reassuring to know that violent crime rates are Below Average, with 1,311.69 incidents per 100,000 population.

Convenient Transit Options

Getting around the city is a breeze from 701 1050 Burrard Street. The Northbound Burrard St @ Comox St bus station is just a 0.09 km stroll away, providing easy access to public transportation.

Thriving Community

This neighborhood is home to a diverse and vibrant community, with 52% of residents holding a university certificate or degree – a high percentage compared to other BC neighborhoods. The median household income is $62,771, which is Below Average compared to British Columbia. However, the median personal income is $41,842, a respectable Above Average figure.

Growing Population

The area around 701 1050 Burrard Street has experienced a High population growth rate of 21.5% between 2011 and 2016, making it an exciting place to live and invest. The population density per square kilometer is 31,632.3, which is High compared to other areas.

Diverse Demographics

On average, families in this area have 2.3 members, which is a Low number compared to the region. However, 27.3% of families with children reside nearby, and 40.6% of the population is married or living common law, both Low figures.

Age and Income

The average age of the population is 38.8, which is Below Average compared to other BC cities. However, the average value of dwellings in this neighborhood is $651,930, a High figure compared to other areas in British Columbia.

Housing and Affordability

As a desirable neighborhood, 58% of the population in this area are renters, which is High compared to other BC cities. The average owner payments are High, with tenants paying $1,478 on average. However, it's essential to note that housing affordability can vary, and it's crucial to research and understand the local market.

Language and Transportation

The majority of the population (86.8%) speaks only English, which is Below Average. However, 22% of residents use public transport, 28% use cars, 2% use bicycles, and 45.8% walk, making it a walkable and bike-friendly neighborhood.

Investment Opportunity

As a savvy investor, you'll appreciate the High average value of dwellings in this neighborhood and the opportunity to tap into the growing population and economy.

In conclusion, 701 1050 Burrard Street is an excellent choice for anyone seeking a unique blend of urban living, excellent education options, and a thriving community. With its Average crime rate, convenient transit options, and diverse demographics, this property is an attractive investment opportunity. Don't miss out on this chance to own a piece of Vancouver's vibrant history.

MLS® R2974675, this property is waiting for you. Contact me today to schedule a viewing and make 701 1050 Burrard Street your home.

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