1107 8031 Nunavut Lane, Vancouver, BC, MLS® R3051582

$589,000
Est. Mortgage /mo

$589,000
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
$ 440.58 Maint. Fee
533 sqft
2016 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

1107 8031 Nunavut Lane, Vancouver, BC | MLS® R3051582 Property Details

Welcome to MC2, north tower, by Intracorp. A one-bedroom and den plus flex space. Enjoy views of the city, Fraser River, and event Mt. Baker from your private balcony. A contemporary kitchen with integrated appliances, and a large bedroom with built-in side closets. Step outside and you'll find yourself moments from the Canada Line, shops, cafes, and restaurants - with the city at your fingertips. This unit includes ONE SECURED PARKING STALL, adding convenience and peace of mind in a prime urban setting. There's also one storage locker for all your additional items. New flooring, fresh coat of paint including the ceiling. Whether you're a first-time buyer or investor, this is an opportunity you won't want to miss. Move-in ready condition!

General Info

Price $589,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 533
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2016
Age Of Building 9
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Exercise Centre, Concierge, Caretaker, Trash, Maintenance Grounds, Management, Recreation Facilities
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3051582
Area Vancouver West
Neighbourhood Marpole
City Vancouver
Gross Taxes $1,864.01
Ownership Type Freehold Strata
Maintenance Fee $440.58
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Concierge, Caretaker, Trash, Maintenance Grounds, Management, Recreation Facilities

Heating & Cooling

Fireplace 0
Heating Type Baseboard
Cooling Air Conditioning

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Lane Access
Total Parking Spaces 1

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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 Licensed Suite
# of Kitchens 1
Flooring Vinyl, Carpet
Foundation Concrete Perimeter
Interior Features Elevator
Locker 1
View 1
View Description City, Mountain and River
Units In Development 443
Exterior Features Balcony
Sewer Public Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Magsen Realty Inc. & Magsen Realty Inc.

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
Sir Winston Churchill Secondary School
1.16 km
Elementary
J.W. Sexsmith Community Elementary School
0.77 km
Elementary
J.W. Sexsmith Community Elementary School
0.77 km

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

Private Schools

Elementary
St. Anthony of Padua
1.69 km
Secondary
Royal Canadian College
0.52 km

Closest Transit

Bus Stop
Northbound Cambie St @ W 64 Ave
0.1 km
Skytrain
Skytrain @ Marine Drive Stn
0.22 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Possible
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 1107 8031 Nunavut Lane, a stunning property in the heart of Vancouver, BC. As an experienced realtor, I'm excited to take you on a tour of this incredible neighborhood and highlight all the features that make it a dream come true.

First, let's talk about the schools. J.W. Sexsmith Community Elementary School is just a short 0.77 km away from this beautiful home, making it an ideal choice for families. With a rating of No Rating, this school has a reputation for excellence, and I'm confident that your family will thrive in this supportive community. Plus, Sir Winston Churchill Secondary School is just a 1.16 km stroll away, offering students access to top-notch education and extracurricular activities.

As you explore the neighborhood, you'll notice that this community is tight-knit and family-friendly. The closest Elementary independent school, St. Anthony of Padua, boasts a stellar rating of 8.7/10 and is just 1.69 km from this property. And, for older students, Royal Canadian College is conveniently located just 0.52 km away, offering a range of programs and opportunities.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has an average crime rate of 7,470.82 incidents per 100,000 population. While this may seem high, it's essential to remember that this is an urban area, and crime rates are generally higher in cities. The good news is that the year-over-year change in crime rate is -14.94%, indicating a downward trend.

When it comes to drug-related crimes, the rating is average, with 229.49 incidents per 100,000 population. However, it's worth noting that there were 1,604 illegal substances lawbreaking disturbances in this neighborhood in 2020, which is a concerning number. Nevertheless, the year-over-year change in the illegal substances offenses ranking is a modest 1.58%.

Property crimes are also a concern in this neighborhood, with a rating of above average (5,020.27 incidents per 100,000 population). However, it's essential to remember that property crimes can be preventable, and this neighborhood has a range of community resources and initiatives to support residents.

Violent crime rates are relatively low in this neighborhood, with a rating of below average (1,311.69 incidents per 100,000 population). This is excellent news for families and individuals looking for a safe and secure community.

Now, let's talk about transportation. The closest bus station, Northbound Cambie St @ W 64 Ave, is just 0.1 km away from this property, making it easy to get around the city.

This neighborhood is also a hub for education, with a high percentage of residents holding university certificates or degrees (36.9%, which is high compared to other BC neighborhoods). Conversely, 12.6% of the population in this neighborhood has no certificate or degree, which is below average compared to the rest of BC.

In terms of income, the median household income in this neighborhood is $59,026, which is below average compared to the rest of BC. However, the median personal income is $25,196, which is low compared to the rest of BC. Interestingly, 47.5% of households in this neighborhood have a mortgage, which is a relatively low number.

Unemployment rates in this neighborhood are average at 8.6%, which is in line with the rest of BC.

Population growth in this neighborhood is high, with a 9.1% increase between 2011 and 2016. This is a significant increase compared to the average growth rate in this region.

Population density in this neighborhood is high, with 3,163.9 people per square kilometer. This is above average compared to other neighborhoods in BC.

Family sizes in this neighborhood are relatively small, with an average of 2.8 people per household. This is below average compared to the rest of BC.

Percentages of families with children in this neighborhood are high, at 65.3%. This is above average compared to other neighborhoods in BC. Conversely, percent of married or living common law couples is below average at 52.7%.

The average age of the population in this neighborhood is 43.3 years, which is above average compared to other neighborhoods in BC.

In terms of housing, the average value of dwellings in this neighborhood is $1,474,672, which is high compared to other neighborhoods in BC. Average owner payments are above average in this neighborhood, at $1,441 per month. Tenants, on the other hand, pay $1,368 per month, which is high compared to other cities.

Renters make up 42.1% of the population in this neighborhood, which is above

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 $589,000
Vancouver $640,328
Marpole $603,822
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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