2005 1050 Burrard St, Vancouver, BC, MLS® R3064245

$1,038,000
Est. Mortgage /mo

$1,038,000
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
2 Beds
2 Baths
1 Stories
$ 772.18 Maint. Fee
998 sqft
1995 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

2005 1050 Burrard St, Vancouver, BC | MLS® R3064245 Property Details

WELCOME to Sheraton Wall Centre! Reserved Specifically for those who seek the high standard of living that your values reflect. Nested within the Hotel complex Enjoy hotel amenities: gym pool with TOWELS provided plus Concierge, Valet, Maid cleaning services, and High Hotel Security. 1 Parking secured, gated and separated from hotel guests. Needless to say pinnacle levels of convenience at your doorstep: world-class restaurants and bars, shopping and STARBUCKS LIMITED LISTING ONLY AVAILABLE UNTIL END OF YEAR FIRST TIME LISTED SINCE 2017. RENOVATED FOR REFINEMENT (removed a whole kitchen wall & much more 70k) BUILT IN HVAC. This is your chance to live at your Highest Standard.

General Info

Price $1,038,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 998
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1995
Age Of Building 30
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Clubhouse, Exercise Centre, Concierge, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3064245
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Gross Taxes $3,199.35
Ownership Type Freehold Strata
Maintenance Fee $772.18
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Concierge, Caretaker, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water

Heating & Cooling

Fireplace 0
Heating Type Forced Air, Natural Gas
Cooling Central Air

Utilities

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

Parking

Parking Type Underground, Side Access
Total Parking Spaces 1

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Strata Restrictions No Restrictions,Pets Allowed,Rentals Allowed
Pet Restrictions Yes
Rental Restrictions -
Zoning CD-1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Foundation Block
Interior Features Elevator
Locker 1
View 1
View Description City and Mountain views
Units In Development 216
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: Sutton Group-West Coast Realty & Sutton Group-West Coast 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 Info

Public Schools

Secondary
King George Secondary School
1.25 km
Elementary
Lord Strathcona Community Elementary School
1.03 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
0.45 km
Secondary
Pattison High School
0.16 km

Closest Transit

Bus Stop
Northbound Burrard St @ Comox St
0.07 km
Skytrain
Skytrain @ Vancouver City Centre Stn
0.67 km

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

Welcome to 2005 1050 Burrard Street, Vancouver, BC - MLS® R3064245

As we walk through the vibrant neighborhoods of Vancouver, it's hard not to notice the charm of this beautifully situated property at 2005 1050 Burrard Street, Vancouver, BC. Let's start with the educational landscape, which is a top priority for many families. The property is serviced by Lord Strathcona Community Elementary School, a highly-regarded institution located just 1.03 km away. With a rating of No Rating, this school is a great option for families who value a strong educational foundation.

Just down the road, you'll find King George Secondary School, another excellent option for students. Located 1.25 km from the property, this school also boasts a rating of No Rating. As a parent, it's reassuring to know that your child will have access to quality education in the heart of this vibrant neighborhood.

In addition to these public schools, we also have the option of independent schools. The closest elementary independent school to this home is Anchor Point Montessori, with a rating of No Rating and located just 0.45 km away. For secondary education, Pattison School is the closest option, with a rating of No Rating and located just 0.16 km from the property.

A Safe and Welcoming Community

When it comes to safety, Vancouver is known for its low crime rates. According to Statistics Canada's 2020 report, the neighborhood surrounding 2005 1050 Burrard Street has an overall crime rate of 7,470.82, which is considered Average compared to other Canadian cities. This means that residents can enjoy a peaceful and secure living environment.

Let's take a closer look at the crime statistics. The drug crime rate in this neighborhood is Average, with a rating of 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020, representing a year-over-year change of 1.58%. Property crimes are also a concern, with a rating of 5,020.27, which is Above Average. However, it's worth noting that there were 35,089 property misconduct incidents in the neighborhood in 2020, representing a year-over-year change of -20.80%.

Violent crime rates are also a key metric to consider. In this neighborhood, there were 9,168 violent lawbreaking disorders in 2020, representing a rate of 1,311.69. This is considered Below Average compared to other BC municipalities. The year-over-year change in violent crime rate is 3.53%.

A Thriving Community with Access to Amenities

One of the things that sets this neighborhood apart is its proximity to public transportation. The closest bus station is Northbound Burrard St @ Comox St, located just 0.07 km away from the property. This makes it easy to get around the city without a car.

In terms of demographics, this neighborhood is known for its high level of education. According to the latest statistics, 52% of the population holds a university certificate or degree, which is considered High compared to other BC neighborhoods. On the other hand, 5.5% of the population has no certificate or degree, which is considered Low.

The median household income in this neighborhood is $62,771, which is Below Average compared to the British Columbia average. However, the median personal income is $41,842, which is Above Average. This suggests that many residents in this neighborhood are self-employed or have a strong entrepreneurial spirit.

Real Estate Context

As we move on to the real estate context, it's worth noting that the average value of dwellings in this neighborhood is $651,930, which is High compared to other areas in British Columbia. The average owner payments are also High, at $1,621 per month. Tenants, on the other hand, are paying $1,478 per month, which is also High.

In terms of ownership, 58% of the population in this neighborhood are renters, which is High compared to other BC cities and areas. However, the percentage of English and French speakers is 11.4%, which is Above Average. The percentage of English speakers only is 86.8%, which is Below Average.

A Vibrant and Diverse Community

This neighborhood is known for its vibrant and diverse community. With a population density of 31,632.3 people per square kilometer, it's one of the most densely populated areas in the city. The average size of families in this neighborhood is 2.3, which is Low compared to the whole region.

The percentage of families with children is 27.3%, which is Low. However, the percentage of married or living common law is 40.6%, which is Low. The average age of the population in this

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 $1,038,000
Vancouver $826,877
Downtown VW $778,627
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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