$462,900
7.1% price reduction
405 789 Drake St, Vancouver, BC
$429,900
Est. Mortgage /mo
MLS® R3081499
1
Beds
1
Baths
584
sqft
736
$
/sqft
395
$
Maint. fee
1990
built
Property Details & Specs
7.1% price reduction
Downtown, centrally located closed to Howe Street/Drake Street next to Granville Bridge. Walk to the Beaches & ferry to Granville Island Market. Renovated kitchen & Bathroom, laminated flooring with large covered balcony. Walk to work in Downtown offices. Recreations & shopping close by. In-suite storage + parking rental at $70/m.
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 11' x 11' ft |
| Main Level | Kitchen | 7' x 7' ft |
| Main Level | Bedroom | 12' x 12' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
Listed by: Heller Murch Realty
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 & Transit Info
Public Schools
- Secondary
- King George Secondary School
- 1.57 km
- Elementary
- Elsie Roy Elementary School
- Average
- 0.65 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary
- Anchor Point Montessori
- 0.17 km
- Secondary
- Pattison School
- 0.52 km
Closest Transit
- Bus Stop
- Northbound Granville St @ Drake St
- 0.09 km
- Skytrain
- Skytrain @ Yaletown-Roundhouse Stn
- 0.51 km
Crime Rate
- Total Crime Rate
- Average
- Violent Crime Rate
- Below Average
- Property Crime Rate
- Above Average
Demographics
- Post-Secondary Education
- Above Average
- 47%
- No Certificate/Degree
- Below Average
- 4.8%
- Owner Occupied
- Average
- 72.8%
- Employment Rate
- Below Average
- 24.4%
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
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes
$142
Maintenance fee
0
With a 20% down payment, buyers can expect an estimated $2,179/month in total housing costs on this $429,900 property — $1,642 mortgage payment, $142 property tax, $395 maintenance fee.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment
0%
Based on $1,719/month estimated rent and $2,229/month in total housing costs, this property has a -$510/month cashflow. Break-even down payment: approximately 45%.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$429,900
Vancouver
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Downtown VW
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Among 66 similar active listings in Downtown VW, the average price is $583,491. At $429,900, this listing is priced 26.3% below the local average and 30.9% below the city-wide benchmark. This property is flagged as a Hot Deal (7.1% price reduction) based on its competitive pricing and market demand.
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
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
Property FAQs
What are the closest top-rated schools to 405 789 Drake Street, Vancouver, BC?
The closest top-rated schools are King George Secondary School and Elsie Roy Elementary School.
Is 405 789 Drake Street, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 405 789 Drake Street, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $2,579.
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
