508 3198 Riverwalk Ave, Vancouver, BC, MLS® R3062194

$1,330,000
Est. Mortgage /mo

$1,330,000
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
2 Baths
1 Stories
$ 674.31 Maint. Fee
1138 sqft
2021 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

508 3198 Riverwalk Ave, Vancouver, BC | MLS® R3062194 Property Details

Indulge in breathtaking 180° water views from this pristine corner home, w/ a perfect vantage to revel in the outlook of the Fraser River from every room. Spanning a generous 1,138 sqft, discover 2 bedrooms, 2 full baths, & a dedicated office. Relish in the chef-inspired kitchen showcasing a gas stove, high-end Bosch appliances, & a vast island - perfect for entertaining. The primary suite promises relaxation w/ its walk-in closet & resort-style ensuite. Admire the architectural beauty of over-height ceilings & an open, airy design. Embrace outdoor living w/ a 200 sqft South-facing balcony. Enjoy unmatched conveniences: an exclusive storage room on your floor & 2 parking spaces (1 EV). Walk the waterfront trails & enjoy the nearby shops & restaurants.

General Info

Price $1,330,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1138
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2021
Age Of Building 4
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Electricity, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3062194
Area Vancouver East
Neighbourhood South Marine
City Vancouver
Gross Taxes $3,879.13
Ownership Type Freehold Strata
Maintenance Fee $674.31
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Exercise Centre, Recreation Facilities, Caretaker, Electricity, Trash, Maintenance Grounds, Gas, Hot Water, Management, Snow Removal, Water
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard

Utilities

Utility Type Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Septic Tank, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Rear Access
Total Parking Spaces 2

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning MF
Rental Suites -
# of Kitchens 2
Flooring Laminate, Tile, Carpet
Foundation Slab
Interior Features Elevator
Locker 1
View 1
View Description Fraser River
Units In Development -
Exterior Features Playground, Balcony
Sewer Public Sewer, Sanitary Sewer, Septic Tank, Storm Sewer
Roof Other

Property History

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Status Date Price
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Listed by: The Agency Vancouver & The Agency Vancouver

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
Killarney Secondary School
2.24 km
Elementary
Captain James Cook Elementary School
Average
1.54 km
5.9/10

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

Private Schools

Elementary
Qawsain Knowledge House
2.54 km
Secondary
Vancouver Formosa Academy
3.22 km

Closest Transit

Bus Stop
Westbound SE Marine Dr @ Fieldstone Ave
0.42 km
Skytrain
Skytrain @ Patterson Stn
3.31 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 3198 Riverwalk Avenue, a beautiful residence in the heart of Vancouver, BC!

As we walk through the neighborhood, I want to share with you the wonderful features of this community. Let's start with the schools. Captain James Cook Elementary School, rated 5.9/10, is a great option for families, and it's just 1.54 km from our property with listing MLS® R3062194. This school has a strong reputation for providing a quality education, and I'm sure you'll love its proximity to our home.

Just down the road, you'll find Killarney Secondary School, which is 2.24 km from our property. Although it doesn't have a rating, it's a well-regarded institution in the area. For those seeking a different educational experience, Qawsain Knowledge House, an independent elementary school, is 2.54 km away, and Vancouver Formosa Academy, an independent secondary school, is 3.22 km from our home.

Now, let's talk about safety. According to Statistics Canada's 2020 report, this neighborhood has an average crime rate of 7,470.82, which is comparable to other Canadian cities. To give you a better idea, there were 52,217 reported incidents in 2020, and the overall crime rate has decreased by 14.94% year-over-year.

When it comes to specific types of crimes, the rate of drug-related offenses is average, with a rating of 229.49 and 1,604 reported incidents in 2020. Property crimes, on the other hand, are above average, with a rating of 5,020.27 and 35,089 reported incidents in 2020. The good news is that violent crimes are below average, with a rate of 1,311.69 and 9,168 reported incidents in 2020.

Now, let's get to the amenities! Just 0.42 km away from our property, you'll find the Westbound SE Marine Dr @ Fieldstone Ave bus station, making it easy to get around the city.

As for demographics, this neighborhood is a great place to call home. With 35.1% of residents holding a university certificate or degree, it's a highly educated community. Additionally, the median household income is $76,826, which is above average compared to other areas in British Columbia.

The median personal income is $34,432, which is average compared to the BC average. What's more, 62.7% of households in this area have a mortgage, which is above average compared to other neighborhoods.

Unemployment rates are low in this area, standing at 4.1%, making it an attractive option for those looking for a stable job market.

Population growth in this area has been steady, with a 12.8% increase between 2011 and 2016, which is higher than the average growth rate in this region.

The population density in this community is 2,930 people per square kilometer, which is above average. Family sizes are smaller, with an average of 2.8 people per household, which is below average. However, 66.4% of families in this area have children, which is above average.

The average age of the population is 42, which is average compared to other BC cities.

When it comes to housing, the average value of dwellings in this neighborhood is $762,082, which is high compared to other areas in British Columbia.

Renters make up 35.4% of the population in this area, which is above average compared to other BC cities and areas.

As for transportation, 20.4% of the population uses public transport, which is above average. However, 76.7% of residents use cars, which is below average. Only 1% of people use bicycles, and 1.6% walk, making this a relatively car-dependent community.

In summary, 508 3198 Riverwalk Avenue, Vancouver, BC, MLS® R3062194, is a fantastic property in a wonderful neighborhood. With its proximity to great schools, low crime rate, and a strong sense of community, this home is perfect for families and individuals looking for a peaceful and convenient place to call 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 $1,330,000
Vancouver $1,588,085
South Marine $966,333
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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