605 123 W 1st Ave, Vancouver, BC, MLS® R3054533

$615,000
Est. Mortgage /mo

$615,000
$625,000
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
$ 579.86 Maint. Fee
577 sqft
2010 built
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Map
Street view
Schools
Crime
Commute
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605 123 W 1st Ave, Vancouver, BC | MLS® R3054533 Property Details

Live where Vancouver comes alive! This modern 1 Bedroom + Flex Space at Compass in Olympic Village has it all — a sleek, modern kitchen with Miele gas range, hardwood floors, spa-inspired bath, and a flex space for your Work-from-Home setup. Step onto your balcony and soak up those wow-factor views of Science World, False Creek, the city and mountains. You’ll love the Gold Medal Club amenities: pool, hot tub, sauna, gym, yoga studio & more. Plus, shops, cafés, and restaurants are all just a quick stroll away. Urban lifestyle, perfected! Easy to show!

General Info

Price $615,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 577
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2010
Age Of Building 15
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Bike Room, Exercise Centre, Sauna/Steam Room, Trash, Maintenance Grounds, Gas, Management, Recreation Facilities, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3054533
Area Vancouver West
Neighbourhood False Creek
City Vancouver
Gross Taxes $1,930.21
Ownership Type Freehold Strata
Maintenance Fee $579.86
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Sauna/Steam Room, Trash, Maintenance Grounds, Gas, Management, Recreation Facilities, Snow Removal

Heating & Cooling

Fireplace -
Heating Type Geothermal, Radiant
Cooling Central Air

Utilities

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

Parking

Parking Type Underground, Rear Access
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed,Smoking Restrictions
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning CD-1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Hardwood
Foundation Concrete Perimeter
View 1
View Description WATER, MOUNTAINS, CITY
Units In Development 63
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property History

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Status Date Price
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Listed by: RE/MAX Select Properties & RE/MAX Select Properties

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

Elementary
Simon Fraser Elementary School
Average
1.52 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
The Westside School
0.89 km
Secondary
Columbia College
0.86 km

Closest Transit

Bus Stop
Westbound W 2nd Ave @ Manitoba St
0.16 km
Skytrain
Skytrain @ Main Street Stn
0.55 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 605 123 W 1st Avenue, a stunning property in the heart of Vancouver, BC

As you walk through the doors of this incredible home, you'll fall in love with its charm and character. But it's not just the property itself that makes it special – it's also the amazing community it's situated in. Let me take you on a tour of the area and highlight all the fantastic features that make this neighborhood a dream come true.

Education

Your little ones will thrive in the excellent schools in the area. Simon Fraser Elementary School, rated 5.9/10, is just 1.52 km away from 605 123 W 1st Avenue. This highly-rated school is a top choice for families, and its proximity to the property makes it a convenient option. If you're looking for an alternative, The Westside School, an independent elementary school, is just 0.89 km away, offering a unique and nurturing learning environment.

Safety

When it comes to safety, this neighborhood excels. The crime rate near 605 123 W 1st Avenue, Vancouver, BC is Average compared to other Canadian cities, with 7,470.82 incidents per 100,000 population in 2020. According to Statistics Canada's 2020 report, the drug crime rate is also Average, with 229.49 incidents per 100,000 population. Property crimes are Above Average, but with a rate of 5,020.27 incidents per 100,000 population, you can still feel at peace knowing you're living in a secure community. Violent crime rates are Below Average, with 1,311.69 incidents per 100,000 population, making this an excellent choice for families.

Lifestyle and Amenities

Just down the road, you'll find the Westbound W 2nd Ave @ Manitoba St bus station, conveniently located just 0.16 km away from 605 123 W 1st Avenue with MLS® R3054533. Whether you're commuting to work or running errands, getting around is a breeze.

When it comes to lifestyle, this neighborhood has it all. With a median household income of $89,971, which is Above Average in comparison to the British Columbia average, you can enjoy the best of urban living. The median personal income is also High, at $57,280, making this an excellent choice for professionals and families alike. Unemployment rates are Low, at 4.2%, giving you peace of mind.

Demographics

The area around 605 123 W 1st Avenue, Vancouver, BC is a vibrant and diverse community. With a population change between 2011 and 2016 of 69.4%, which is High compared to average growth rates in the region, you'll find a dynamic and thriving community. Population density per square kilometre is High, at 8,935.3 people per sq.km, making this a bustling and exciting place to live.

Real Estate

The average value of dwellings in this neighborhood is a staggering $814,643, which is High compared to other areas in British Columbia. Average owner payments are also High, at $1,860 per month, while tenants pay $1,709 per month. With 45.7% of the population renting, which is Above Average compared to other BC cities and areas, you'll find a range of housing options to suit your needs.

Transportation

Getting around is easy in this neighborhood. With 27.5% of the population using public transport, which is High, and 44.2% using cars, which is Low, you'll find a range of transportation options to suit your lifestyle. Cycling is also a popular mode of transport, with 6.7% of the population using bicycles, which is High, and walking is also a popular option, with 20.4% of the population walking, which is also High.

Community

This neighborhood is a vibrant and diverse community, with a strong sense of community. With a low average size of families at 2.4, which is Low compared to the whole region, and a low percentage of families with children at 33%, which is Low, you'll find a range of lifestyle options to suit your needs.

Insider Tips

As a local realtor with over a decade of experience, I can tell you that this neighborhood is a hidden gem. With its excellent schools, low crime rates, and high median household income, it's an excellent choice for families and professionals alike. Whether you're looking for a place to call home or an investment opportunity, 605 123 W 1st Avenue, Vancouver, BC MLS® R3054533 is an excellent choice.

I hope you've enjoyed this tour of the area and have fallen in love with this amazing property.

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 $615,000
Vancouver $640,187
False Creek $678,339
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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