314 55 E Cordova St, Vancouver, BC | MLS^® R3030718 Property Details

Unique customized character loft at Koret Lofts, Vancouver’s most desirable warehouse conversions. Original timber beams, exposed bricks w/endless character in this unique property, 10’4” ceilings, polished concrete floors & fully upgraded. Beautiful black kitchen w/ gas cooktop, SMEG fridge, gorgeous textured countertops, unique restoration style bookshelf/library w/sliding ladder, sleek built-ins, & large washroom encased in original brick which was originally a vault! Countless fine details: dramatic old-world inspired lighting, h/w on demand system, great storage & closet spaces, auto blinds. Building zoned commercial live/work. Strata allows pets & shorter term rentals, great revenue from film/movie industry crews as well. Includes one secure parking. Call today for a private showing!

General Info

Price $899,999

Total Bedrooms 1

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 1170

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

Building Amenities Bike Room, Concierge, Trash, Gas, Management

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3030718

Area Vancouver East

Neighbourhood Downtown VE

City Vancouver

Gross Taxes $2,732.35

Ownership Type Freehold Strata

Maintenance Fee $636.59

Amenities Nearby Bike Room, Concierge, Trash, Gas, Management

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Under Building

Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed

Pet Restrictions Yes With Restrictions

Rental Restrictions -

Zoning HA-2

Rental Suites -

Laundry In Unit

# of Kitchens 1

Foundation Slab

Interior Features Elevator, Storage

Locker -

View Description City

Units In Development 118

Exterior Features No Outdoor Area

Sewer Sanitary Sewer

Roof Torch-On

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	19'7 x 19'7 ft
Main Level	Kitchen	16'9 x 16'9 ft
Main Level	Bedroom	10' x 10' ft
Main Level	Dining Room	11'5 x 11'5 ft

Listed by: Oakwyn 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

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

0.5 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 314 55 E Cordova Street, a vibrant property in the heart of Vancouver's Downtown VE neighborhood, listed as MLS^® R3030718.

As we explore this charming home, let's start with the local schools. Lord Strathcona Community Elementary School is just 0.78 km from 314 55 E Cordova Street, serving as a great option for families in the area. With a 'No Rating' designation, this school is a fantastic choice for those seeking a close-knit community with a strong focus on education. Additionally, Britannia Community Secondary School is also nearby, located 2.48 km from the property, offering another excellent option for students.

For those seeking independent education, The Westside School is the closest elementary school, just 0.91 km from 314 55 E Cordova Street, with a 'No Rating' designation. On the other hand, Sino Bright School BC is the closest secondary independent school, situated 0.5 km from the property, also with a 'No Rating' designation.

Safety and Security

Let's take a look at the crime statistics in the area. According to the 2020 statistics from Statistics Canada, there were 52,217 disturbances in the neighborhood, with an overall crime rate of 7,470.82. This puts the area at an Average rate compared to other Canadian cities. When it comes to drug-related crimes, the rate is also Average, with 1,604 incidents reported in 2020.

However, property crimes in the neighborhood are Above Average, with a rating of 5,020.27. Yet, the year-over-year change in property misconduct rate is a positive -20.80%. On a more reassuring note, the violent crime rate is Below Average, with a rate of 1,311.69, and the year-over-year change is a slight 3.53%.

Community and Lifestyle

Now, let's delve into the community and lifestyle aspects of this charming neighborhood. The closest bus station is Eastbound W Cordova St @ Carrall St, just 0.09 km away from MLS^® R3030718.

In terms of demographics, 33.2% of the population in the area adjacent to 314 55 E Cordova Street 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.

Income and Employment

The median household income near 314 55 E Cordova Street is $27,258, which is Low compared to the British Columbia average. Additionally, the median personal income is $23,115, also Low compared to the BC average. However, the percentage of households with a mortgage in the area is 85.8%, which is High.

Unemployment rates in the area are also noteworthy, with a rate of 10.1%, which is Above Average compared to other province neighborhoods.

Growth and Development

The population change between 2011 and 2016 in the Downtown VE area was 18.5%, which is High compared to average growth rates in the region. Furthermore, the population density per square kilometer in this community is 12,567.4, which is High.

Family Dynamics

The average size of families in the area adjacent to 314 55 E Cordova Street is 2.2, which is Low compared to the whole region. Additionally, 25.7% of families in the area have children, which is Low. The percentage of married or living common law couples is around 24.4%, also Low.

Demographics and Housing

The average age of the population in the area close to 314 55 E Cordova Street is 45.4, which is Above Average compared to other BC cities. The average value of dwellings in this neighborhood is $644,599, which is High compared to other areas in British Columbia.

Transportation and Commuting

When it comes to transportation, 76.8% of the population in the area near 314 55 E Cordova Street are renters, which is High compared to other BC cities and areas. Additionally, 23.6% of the population use public transport, which is Above Average. On the other hand, 23.6% use cars, which is Low. 8% of the population use bicycles, which is High, and 42.9% walk, also High.

Language and Culture

Lastly, let's take a look at the language spoken in the area. 13.1% of the population speak English and French, which is Above Average. 81.5% of the population speak English only, which is Below Average. 0.1% of the population speak French