508 1 E Cordova St, Vancouver, BC, MLS® R3042584

$588,000
Est. Mortgage /mo

$588,000
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
2 Stories
$ 490.86 Maint. Fee
630 sqft
1997 built
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Street view
Schools
Crime
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508 1 E Cordova St, Vancouver, BC | MLS® R3042584 Property Details

CALLING ALL INVESTORS & FIRST TIME BUYERS! Experience true loft living in the heart of Gastown at Carrall Station. This top floor 632sqft loft 1 bed+1 bath home features soaring 15-foot ceilings, charming Juliet balcony & oversized windows that fill the space with natural light. This home is both stylish & functional. The concrete & brick architecture blends industrial character w modern comfort, featuring in-suite laundry, cozy gas fireplace & an open layout perfect for entertaining. This boutique concrete building offers thoughtful amenities: a live-in caretaker, fitness center, secure courtyard & bike storage. Steps from SFU, VFS, Skytrain, coffee shops, dining & vibrant Gastown culture. A walkable, connected lifestyle. Secure parking stall. Pets & rentals are welcome.

General Info

Price $588,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 630
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1997
Age Of Building 28
Building Type Apartment/Condo
Property Type Residential
Architecture Style Loft/Warehouse Conv.
Stories 2
Building Amenities Trash, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3042584
Area Vancouver East
Neighbourhood Downtown VE
City Vancouver
Gross Taxes $1,780.53
Ownership Type Freehold Strata
Maintenance Fee $490.86
Community Features Shopping Nearby
Amenities Nearby Trash, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric

Utilities

Utility Type Community, Electricity Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm 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, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100%
Zoning HA-2
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter
View 1
View Description city
Units In Development 82
Exterior Features No Outdoor Area
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Angell, Hasman & Associates Realty Ltd. & Royal Pacific Realty Corp.

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
2.53 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
0.89 km
Secondary
Sino Bright School BC
0.45 km

Closest Transit

Bus Stop
Eastbound W Cordova St @ Carrall St
0.05 km
Skytrain
Skytrain @ Stadium Stn
0.56 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 508 1 E Cordova Street, a charming home in the heart of Downtown Vancouver

As your trusted realtor, I'm excited to guide you through the features of this property, MLS® R3042584, and share the unique benefits of this vibrant community.

Education

Families love this area because of its proximity to top-rated schools. Lord Strathcona Community Elementary School, located just 0.73 km from this home, has a strong reputation for academic excellence, although I couldn't find a rating for this particular school. Nearby, Britannia Community Secondary School is a short 2.53 km away, offering students a comprehensive education experience. For parents seeking an independent school option, The Westside School is conveniently located just 0.89 km from this property.

Safety

According to Statistics Canada's 2020 crime report, the overall crime rate near this address, 508 1 E Cordova Street, Vancouver, BC, is 7,470.82, which is Average compared to other Canadian cities. While there were 52,217 volation disturbances in this neighborhood, I'm happy to report that the year-by-year change in the total crime rate is -14.94%, indicating a downward trend.

Demographics

This neighborhood is home to a diverse community, with 33.2% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. However, 12.7% of the population has no certificate or degree, which is Below Average. The median household income is $27,258, which is Low compared to the BC average. I encourage you to explore the area and get a feel for the community.

Transit

Convenience is key when it comes to transportation. The closest Bus station, Eastbound W Cordova St @ Carrall St, is just 0.05 km away from this property, making it easy to get around the city.

Lifestyle Amenities

This neighborhood offers a range of amenities to suit various lifestyles. You're just a short walk from shopping malls, grocery stores, restaurants, and coffee shops. If you're an outdoor enthusiast, you'll appreciate the nearby parks and beaches. For dog owners, there are dog parks nearby, too.

Real Estate Context

The average dwelling value in this neighborhood is $644,599, which is High compared to other areas in British Columbia. With 76.8% of the population renting, this is a popular area for those looking for affordable housing options. The average owner payments are High, with owners spending $1,867 on average for their dwellings.

Neighborhood Insights

This neighborhood has seen significant growth, with a population change of 18.5% between 2011 and 2016, which is High compared to average growth rates in the region. The population density per square kilometer is 12,567.4, which is High. The average size of families in this area is 2.2, which is Low compared to the whole region.

Getting Around

With 23.6% of the population using Public Transport, this is a convenient option for those without cars. 23.6% of the population uses cars, which is Low, while 8% of the population uses Bicycles, which is High. 42.9% of the population walks, which is also High.

Experience the best of Vancouver living at 508 1 E Cordova Street, MLS® R3042584. Contact me today to schedule a tour and make this property your home.

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 $588,000
Vancouver $602,474
Downtown VE $560,967
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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