5.6% price reduction

506 285 E 10th Ave, Vancouver, BC

$687,000 Est. Mortgage /mo

MLS® R3021800 · The Independent

1 Beds
1 Baths
583 sqft
1178 $ /sqft
401.44 $ Maint. fee
2019 built
$687,000
$728,000
Est. /mo with 20% down
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

Property Details & Specs

5.6% price reduction

Welcome to The Independent, A South East facing, 1 Bed and Flex unit, features with efficient, open concept floor plan, flex room up-graded with closet rack with clothes hanger and shelf, 4 pieces bath room, big storage closet, contemporary style gourmet kitchen with stainless steel appliances, in-suite laundry, in-suite HVAC, floor to ceiling windows, large South East exposed balcony. The Independent complex amenities include fitness center, party room, outdoor BBQ, guest suite, workshop, children's play area, dog wash/run. Central location within the city, steps from Main St shops, restaurants, grocery stores, transit routes and upcoming Sky Train Station. 1 EV parking stall # 8 P2, 1 bike storage locker # 12 (Bike room 107) on B/F. Open House Sat Nov 29 2-4 PM

General Info

Price $687,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 583
Lot Size -
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features -

Property Metrics

Year Built 2019
Age Of Building 6
Building Type Apartment/Condo
Property Type Residential
Architecture Style Other
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Microwave, Oven, Range Top
Building Amenities Bike Room, Exercise Centre, Trash, Maintenance Grounds, Management, Recreation Facilities, Snow Removal
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3021800
Building Name The Independent
Area Vancouver East
Neighbourhood Mount Pleasant VE
City Vancouver
Postal Code V5T 0H6
Price per Sqft $1,178
Gross Taxes $2,235.04
Ownership Type Freehold Strata
Maintenance Fee $401.44
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Trash, Maintenance Grounds, Management, Recreation Facilities, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Heat Pump
Cooling Central Air

Utilities

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

Parking

Parking Type Underground, Side Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
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 Laminate, Tile
Foundation Concrete Perimeter
Interior Features Elevator, Guest Suite
Locker 1
View -
View Description -
Units In Development 258
Exterior Features Garden, Playground, Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property Timeline

Status Date Price
R3021800 / Active 07-02-2025 $687,000
Rooms
Floor Type Dimensions
Main Level Foyer 8'9 x 8'9 ft
Main Level Flex Room 5'5 x 5'5 ft
Main Level Bedroom 8'3 x 8'3 ft
Main Level Kitchen 4'11 x 4'11 ft
Main Level Living Room 13'5 x 13'5 ft
Main Level Dining Room 8'3 x 8'3 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Listed by: Royal Pacific Realty (Kingsway) Ltd.

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

Elementary
Florence Nightingale Elementary School
0.42 km

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

Private Schools

Elementary
St.Patrick's Elementary School
Average
0.35 km
6.5/10
Secondary
St.Patrick Regional Secondary School
0.23 km

Closest Transit

Bus Stop
Westbound E 10 Ave @ Kingsway
0.01 km
Skytrain
Skytrain @ Broadway-City Hall Stn
1.12 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average
43.8%
No Certificate/Degree
Below Average
7.6%
Owner Occupied
Above Average
79.1%
Employment Rate
Below Average
40.3%

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 $186
Maintenance fee 0
A 20% down payment of $137,400 on this $687,000 listing yields an estimated mortgage of $2,624/month (30-year fixed, 4%). Total estimated housing cost: $3,211/month, $186 property tax, $401 maintenance fee.
or Call 778-918-5990
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%
With $2,541/month in estimated rental income against $3,267/month in mortgage payments, the monthly cashflow is -$726/month. A 43% down payment would reach break-even.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $687,000
Vancouver Loading...
Mount Pleasant VE Loading...
This $687,000 listing sits 2.3% above the Mount Pleasant VE average of $671,486 for similar 1-bedroom Apartment/Condos (71 active comparables). This property is flagged as a Hot Deal (5.6% 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

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

Property FAQs

What are the closest top-rated schools to 506 285 E 10th Avenue, Vancouver, BC?
The closest top-rated schools are Florence Nightingale Elementary School and St.Patrick Regional Secondary School.
Is 506 285 E 10th Avenue, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 506 285 E 10th Avenue, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $4,122.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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