402 568 Waters Edge Cres, West Vancouver, BC, MLS® R2949711

$1,495,000
Est. Mortgage /mo

6.5% price reduction

$1,495,000
$1,599,000
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
2 Beds
3 Baths
1 Stories
$ 871.79 Maint. Fee
1179 sqft
2007 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

402 568 Waters Edge Cres, West Vancouver, BC | MLS® R2949711 Property Details

6.5% price reduction

Experience elevated living in the heart of West Vancouver at Waters Edge. This exquisite 2-bedroom + office suite, designed by renowned architect Robert Stern, combines sophistication and comfort. Filled with natural light through expansive windows, the home boasts stunning herringbone and tile flooring, a chef-inspired kitchen with granite countertops, premium stainless steel appliances, and 2.5 luxurious baths, including a spa-like primary ensuite. Relax by the cozy fireplace or unwind on the sunny balcony. The building offers a wealth of amenities, including a storage locker, concierge services, a fully-equipped exercise room, and steam rooms and saunas. Perfectly located, you’re just a scenic stroll away from the river’s edge, the Sea Wall, Park Royal shopping, and convenient transit .

General Info

Price $1,495,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 1179
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2007
Age Of Building 18
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Sauna/Steam Room, Concierge, Maintenance Grounds, Management, Other
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R2949711
Area West Vancouver
Neighbourhood Park Royal
City West Vancouver
Gross Taxes $3,932.71
Ownership Type Freehold Strata
Maintenance Fee $871.79
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Sauna/Steam Room, Concierge, Maintenance Grounds, Management, Other
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Heat Pump
Cooling Central Air

Utilities

Utility Type Electricity Connected, Water Connected
Water (WaterSource) Public

Parking

Parking Type Underground, Side Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning CD39
Rental Suites -
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter
Interior Features Elevator
Locker 1
View -
View Description -
Units In Development -
Exterior Features Balcony
Roof Concrete

Property History

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Status Date Price
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Listed by: Royal LePage Sussex

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

Private Schools

Elementary
St. Anthony's
0.36 km
Secondary
St.Thomas Aquinas School
2.29 km

Closest Transit

Bus Stop
Westbound Marine Dr @ Capilano River
0.2 km
Skytrain
Seabus Station @ Lonsdale Quay
4.03 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 402 568 Waters Edge Crescent, a stunning property in the heart of West Vancouver, BC

As we step into this beautiful home, you'll notice the proximity to top-notch schools, making it an attractive choice for families. Let's start with the closest Elementary school, St. Anthony's, which boasts a impressive 9.5/10 rating. Located just 0.36 km from this home, it's a convenient and safe option for your little ones. St. Anthony's is a well-regarded school in the community, and families love this area because of its strong education system.

For Secondary education, we have St. Thomas Aquinas School, with a rating of No Rating. While it may not have a numerical rating, it's still a great option for older students, located 2.29 km from this property.

Crime Rates: A Safe Community

When it comes to crime, West Vancouver is considered one of the safest cities in Canada. According to Statistics Canada's 2020 report, the total crime rate near 402 568 Waters Edge Crescent, West Vancouver, BC is 4,969.41, which is a Low rate compared to other Canadian cities. This means you can enjoy peace of mind knowing your family is living in a secure environment.

Breaking down the crime rates further, we see that drug crime is also Low, with a rating of 59.49 and 28 incidents in 2020. Property crimes are Average, with a rating of 3,165.63 and 1,490 incidents in 2020. Violent crimes are also Low, with a rate of 805.22 and 379 incidents in 2020.

Lifestyle and Amenities

West Vancouver is renowned for its natural beauty, with plenty of parks, beaches, and trails to explore. The closest Bus station is Westbound Marine Dr @ Capilano River, just 0.2 km away from this property. This makes it easy to get around the city without a car, and enjoy the convenience of public transportation.

In terms of demographics, 38.6% of residents in this neighbourhood have a university certificate or degree, which is High compared to other BC neighbourhoods. However, 7.8% of the population has no certificate or degree, which is Low compared to the average in BC.

Housing and Economy

The median household income in this area is $50,400, which is Low compared to the British Columbia average. However, the median personal income is $29,376, which is Below Average. The percentage of households with a mortgage is 39.4%, which is Low.

Unemployment rates are also Low, with a rate of 5.7% in the area around 402 568 Waters Edge Crescent, West Vancouver, BC. This makes it an attractive option for those looking for employment opportunities.

Community and Lifestyle

This property is located in the Park Royal area, where population growth between 2011 and 2016 was 5.4%, which is Above Average. The population density per square kilometre is 3253.5, which is Above Average.

The average size of families in this area is 2.6, which is Low compared to the whole region. However, 53.3% of families have children, which is Below Average. The average age of the population is 53.5, which is High compared to other BC cities.

Real Estate

The average value of dwellings in this neighbourhood is $1,274,669, which is High compared to other areas in British Columbia. Average owner payments are High, with owners spending an average of $1,622 per month. Tenants are also paying a high average of $1,512 per month.

Renters and Community

47% of the population in this area are renters, which is High compared to other BC cities and areas. 87.5% of residents speak only English, which is Below Average. However, 9.4% of residents speak both English and French, which is Above Average.

Transportation

24.7% of residents in this area use public transportation, which is Above Average. 61.9% of residents use cars, which is Low. 2.1% of residents use bicycles, which is Above Average. 11.3% of residents walk, which is High.

In conclusion, 402 568 Waters Edge Crescent, West Vancouver, BC MLS®R2949711 is a stunning property in a safe and secure community. With top-notch schools, low crime rates, and a convenient location, it's an attractive option for families and individuals alike. Whether you're looking for a peaceful lifestyle or a convenient commute, this property has something to offer.

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 $1,495,000
West Vancouver $1,319,000
Park Royal $1,319,000
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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