504 789 Drake St, Vancouver, BC
$479,900
Est. Mortgage /mo
MLS® R3092701 · Century Tower
1
Beds
1
Baths
604
sqft
795
$
/sqft
395.22
$
Maint. fee
1991
built
Property Details & Specs
WARNING! EXTREME VALUE in this UPDATED (new S/S Appliances, lights + floors) 1bd at this RAINSCREENED building at the intersection of Yaletown, Downtown + West End. Step inside this corner unit + you’ll be impressed by this bright + functional condo that features ample interior storage + massive covered balcony (130 sf) ideal for hanging with friends or chilling with your morning coffee. Perfect for young professionals or an addition to your rental portfolio! BUILDING Trouble-free building with many updates including plumbing, balconies, windows, elevators, full rainscreen + more. Insuite storage + parking (rented $70/mo). Sorry, no pets. NEIGHBORHOOD: Highly walkable + bike friendly, steps to Yaletown + Skytrain, Beach District, seawall + all Downtown Vancouver has to offer at your door.
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 12'0 x 12'0 ft |
| Main Level | Kitchen | 8'1 x 8'1 ft |
| Main Level | Dining Room | 12'0 x 12'0 ft |
| Above Level | Foyer | 2'7 x 2'7 ft |
| Above Level | Storage | 3'0 x 3'0 ft |
| Main Level | Bedroom | 15'7 x 15'7 ft |
| Main Level | Patio | 17'9 x 17'9 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
Listed by: Royal LePage Westside
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
$135
Maintenance fee
0
Financing 80% of the $479,900 asking price over 30 years at 4% results in approximately $2,363/month in total estimated carrying costs, $135 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%
This listing generates an estimated $1,919/month in rental income, leaving a -$499/month cashflow at current carrying costs. Investors targeting break-even would need roughly 42% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$479,900
Vancouver
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Downtown VW
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66 comparable Apartment/Condos are currently active in Downtown VW, with a median asking price of $583,491. This property is listed 17.8% below the local average and 22.9% below the Vancouver average.
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 504 789 Drake Street, Vancouver, BC?
The closest top-rated schools are King George Secondary School and Elsie Roy Elementary School.
Is 504 789 Drake Street, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 504 789 Drake Street, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $2,879.
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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.
