310 55 E Cordova St, Vancouver, BC, MLS® R3053789

$629,000
Est. Mortgage /mo

$629,000
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
$ 411.12 Maint. Fee
699 sqft
2006 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

310 55 E Cordova St, Vancouver, BC | MLS® R3053789 Property Details

KORET LOFTS – Gastown's iconic live/work warehouse conversion, designed by award winning Yumi Murayama of YU+ME Design Inc. This home boasts a customized renovation. The open concept layout has ample storage, a beautifully crafted kitchen with custom white birch millwork, glass paneling, & marine edged stainless steel countertops & backsplash. The kitchen has top of the line MIELE appliances & a Sub Zero fridge/freezer. The bathroom exudes sophistication with Cosentino Dekton stone countertops from Spain, an angled matching stone sink, a stunning double walk in terrazzo tiled shower, Brizo fixtures, and BOCCI lighting. Cutting edge LED Philips Hue smart lighting creates the perfect ambiance throughout the space. Ideal for live/work or rental opportunities.

General Info

Price $629,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 699
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2006
Age Of Building 19
Building Type Apartment/Condo
Property Type Residential
Architecture Style Live/Work Studio, Loft/Warehouse Conv.
Stories 1
Appliances Included Washer/Dryer, Refrigerator, Microwave, Oven, Range Top
Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Management, Sewer, Snow Removal, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3053789
Area Vancouver East
Neighbourhood Downtown VE
City Vancouver
Gross Taxes $1,916.91
Ownership Type Freehold Strata
Maintenance Fee $411.12
Community Features Shopping Nearby
Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Management, Sewer, Snow Removal, Water

Heating & Cooling

Fireplace -
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type None
Total Parking Spaces -

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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 HA-2
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Concrete, Mixed
Foundation Concrete Perimeter
Interior Features Elevator
View 1
View Description City, Trees
Units In Development 118
Exterior Features No Outdoor Area
Sewer Public Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Century 21 In Town 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
Britannia Community Secondary School
2.48 km
Elementary
Lord Strathcona Community Elementary School
0.78 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
0.91 km
Secondary
Sino Bright School BC
0.49 km

Closest Transit

Bus Stop
Eastbound W Cordova St @ Carrall St
0.09 km
Skytrain
Skytrain @ Stadium Stn
0.58 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 310 55 E Cordova Street, Vancouver, BC, a vibrant community nestled in the heart of Downtown VE.

As we walk through the charming streets of this neighborhood, you'll find that it's served by the excellent Lord Strathcona Community Elementary School, a mere 0.78 km from this beautiful home with MLS® R3053789. While the school's rating is No Rating, families love this area because of its strong sense of community and access to top-notch educational facilities.

Just a short 2.48 km from here lies Britannia Community Secondary School, another highly-regarded institution in the neighborhood. With a No Rating, this school is a testament to the community's commitment to education.

For those seeking a more independent educational experience, The Westside School is the closest elementary independent school, located a mere 0.91 km from this home for sale. With a No Rating, this school provides a unique opportunity for students to thrive in a smaller, more personalized environment.

In terms of secondary independent schools, Sino Bright School BC is just 0.49 km away, offering a No Rating and a chance for students to explore their interests and passions in a supportive setting.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), there were 52,217 disturbances in this neighborhood, with an overall crime rate of 7,470.82. This puts the area at an Average rate compared to other Canadian cities. A year-over-year change of -14.94% is a promising sign for the community.

Looking at the specifics, the drug crime rate is Average, with a rating of 229.49 and 1,604 incidents in 2020. The year-over-year change in this category is 1.58%. Property crimes in the neighborhood are Above Average, with a rating of 5,020.27 and 35,089 incidents in 2020. However, the year-over-year change in this category is -20.80%.

Violent crime rates are also noteworthy, with 1,311.69 incidents per 100,000 population, which is Below Average compared to other BC municipalities. The year-over-year change in this category is 3.53%.

Now, let's explore the neighborhood's amenities. The closest bus station is Eastbound W Cordova St @ Carrall St, just 0.09 km away from this property with MLS® R3053789. This convenient access to public transportation makes it easy to get around the city.

Demographically, this neighborhood is quite diverse. According to the latest census data, 33.2% of the population holds a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 12.7% of the population has no certificate or degree, which is Below Average compared to the average in BC.

In terms of income, the median household income near this dwelling is $27,258, which is Low compared to the British Columbia average. The median personal income is $23,115, also Low compared to the BC average. However, 85.8% of households in this neighborhood have a mortgage, which is High.

The unemployment rate in the area is 10.1%, which is Above Average compared to other province neighborhoods.

This neighborhood is also experiencing rapid growth, with a population change of 18.5% between 2011 and 2016, which is High compared to the average growth rate of this region.

Population density is also noteworthy, with 12,567.4 people per square kilometer, which is High. Average family size is 2.2, which is Low compared to the whole region. Only 25.7% of families in the area have children, which is Low. However, 24.4% of the population is married or living common law, which is also Low.

The average age of the population in this neighborhood is 45.4, which is Above Average compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighborhood is $644,599, which is High compared to other areas in British Columbia.

Owner payments are also High in this area, with an average of $1,867 spent on dwellings. On the other hand, tenants are paying $914 on average, which is Below Average compared to other cities.

76.8% of the population in this district are renters, which is High compared to other BC cities and areas.

Language-wise, 13.1% of the population speaks both English and French, which is Above Average. However, 81.5% of the population speaks only English, which is Below Average. Only 0.1% of the population speaks only French, which is Low. On the other hand, 5.4% of the population speaks neither English nor

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 $629,000
Vancouver $639,664
Downtown VE $672,867
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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