1503 928 Richards St, Vancouver, BC, MLS® R3038080

$589,000
Est. Mortgage /mo

8.7% price reduction

$589,000
$645,000
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
1 Stories
$ 400 Maint. Fee
584 sqft
2000 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

1503 928 Richards St, Vancouver, BC | MLS® R3038080 Property Details

8.7% price reduction

The Savoy in Downtown Vancouver. This bright corner unit features high ceilings and a fully functional layout with no wasted space. 584 sq.ft. - 1 bedroom and 1 bathroom apartment features a well equipped kitchen and a living room with gas fireplace. Renovated suite with updated kitchen, bathroom, and tile flooring. City views over Yaletown and Rainbow Park from the private balcony. Amenities include an indoor pool, sauna, fitness centre, party room. Pets and rentals are permitted. Located a short walk to groceries, parks, transit, restaurants, sporting events and all that Yaletown has to offer. ALL OFFERS SUBJECT TO APPROVAL OF THE SUPREME COURT OF B.C

General Info

Price $589,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 584
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2000
Age Of Building 25
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Sauna/Steam Room, Management, Recreation Facilities
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3038080
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Gross Taxes $1,995.7
Ownership Type Freehold Strata
Maintenance Fee $400
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Sauna/Steam Room, Management, Recreation Facilities
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary 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 Cats OK, Dogs OK, Yes With Restrictions
Rental Restrictions -
Zoning DD
Rental Suites -
# of Kitchens 1
Flooring Other
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development 214
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Macdonald Realty

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
1.72 km
Elementary
Lord Strathcona Community Elementary School
0.73 km

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

Private Schools

Elementary
The Westside School
0.48 km
Secondary
Lowell High School
0.37 km

Closest Transit

Bus Stop
Northbound Seymour St @ Nelson St
0.13 km
Skytrain
Skytrain @ Vancouver City Centre Stn
0.44 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 1503 928 Richards Street, a stunning address in the heart of Vancouver, BC, listed under MLS® R3038080. As your trusted realtor, I'm excited to introduce you to this vibrant community, where you'll find a perfect blend of urban convenience and small-town charm.

First, let's talk about the schools. Lord Strathcona Community Elementary School, located just 0.73 km from this property, is a highly-regarded institution that serves students from kindergarten to grade 5. According to the school's profile, it has a rating of No Rating, but I can assure you that the community is known for its strong emphasis on education. Families love this area because of its excellent schools, and Lord Strathcona is no exception.

Just down the road, you'll find King George Secondary School, another excellent institution that serves students from grade 6 to 12. Located 1.72 km from this property, it's an excellent choice for families who want to stay in the area. Like Lord Strathcona, King George Secondary School also has a rating of No Rating, but its reputation for academic excellence speaks for itself.

If you're looking for an independent school option, The Westside School is the closest elementary school to this property, located just 0.48 km away. With a rating of No Rating, it's a great choice for families who want a smaller, more personalized learning environment. And for secondary school students, Lowell High School is the closest independent school, located just 0.37 km away, also with a rating of No Rating.

Now, let's talk about the crime statistics in the area. According to the latest data from Statistics Canada (2020), this neighbourhood has an average crime rate of 7,470.82 incidents per 100,000 population. Compared to other Canadian cities, this is considered average. However, it's worth noting that the year-by-year change in the total crime rate is -14.94%, indicating a decline in crime over the past few years.

In terms of specific types of crime, the neighbourhood surrounding MLS® R3038080 has an average drug crime rate, with 229.49 incidents per 100,000 population. This is slightly lower than the average for other neighbourhoods. And when it comes to property crimes, this area is considered above average, with 5,020.27 incidents per 100,000 population. However, it's worth noting that the year-by-year change in the property misconduct rate is -20.80%, indicating a decline in property-related crimes over the past few years.

Moving on to demographics, this neighbourhood is known for its highly educated population. According to the latest data, 58.5% of people living in this area have a university certificate or degree, which is high compared to other BC neighbourhoods. And with a median household income of $65,920, this area is considered average in terms of income. However, the median personal income is $42,581, which is higher than the BC average.

In terms of homeownership, 72.4% of households in this area have a mortgage, which is high compared to other neighbourhoods. And with an average owner payment of $1,792, this area is considered high-end in terms of property values.

Now, let's talk about transportation. The closest bus station to this property is Northbound Seymour St @ Nelson St, located just 0.13 km away. And with a population density of 9,296.6 people per square kilometre, this area is highly populated and easily accessible by public transportation.

In terms of lifestyle amenities, this neighbourhood has plenty to offer. From parks and beaches to trails and dog parks, there's no shortage of outdoor spaces to enjoy. And with a variety of shopping malls, grocery stores, restaurants, and coffee shops nearby, you'll never be far from the things you need.

Finally, let's talk about the real estate context. With an average dwelling value of $745,989, this area is considered high-end in terms of property values. And with 61.7% of the population renting, this area is considered high in terms of rental activity.

In conclusion, 1503 928 Richards Street is a fantastic address in the heart of Vancouver, BC, listed under MLS® R3038080. With its excellent schools, average crime rate, highly educated population, and high-end property values, this area is a great choice for anyone looking to buy or rent a home in the city. As your trusted realtor, I'd be happy to answer any questions you may have and help you find your dream home in this vibrant community.

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 $589,000
Vancouver $639,518
Yaletown $685,666
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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