Home Vancouver, BC Downtown VW Century Tower 504 789 Drake Street

29 Days on the market

504 789 Drake St, Vancouver, BC, MLS^® R3068595

$498,000

Est. Mortgage /mo

$498,000

Est. Mortgage /mo

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

$ 395.22 Maint. Fee

604 sqft

1991 built

Exterior Front Photo of 504 789 Drake Street, Vancouver, BC

Exterior Rear Photo of 504 789 Drake Street, Vancouver, BC

Living Room Photo of 504 789 Drake Street, Vancouver, BC

Family Room Photo of 504 789 Drake Street, Vancouver, BC

Dining Area Photo of 504 789 Drake Street, Vancouver, BC

Kitchen Photo of 504 789 Drake Street, Vancouver, BC

Kitchen Island Photo of 504 789 Drake Street, Vancouver, BC

Pantry Photo of 504 789 Drake Street, Vancouver, BC

Breakfast Nook Photo of 504 789 Drake Street, Vancouver, BC

Primary Bedroom Photo of 504 789 Drake Street, Vancouver, BC

Primary Bathroom Photo of 504 789 Drake Street, Vancouver, BC

Walk-In Closet Photo of 504 789 Drake Street, Vancouver, BC

Bedroom 2 Photo of 504 789 Drake Street, Vancouver, BC

Bedroom 3 Photo of 504 789 Drake Street, Vancouver, BC

Bedroom 4 Photo of 504 789 Drake Street, Vancouver, BC

Guest Bathroom Photo of 504 789 Drake Street, Vancouver, BC

Powder Room Photo of 504 789 Drake Street, Vancouver, BC

Office / Den Photo of 504 789 Drake Street, Vancouver, BC

Loft / Bonus Room Photo of 504 789 Drake Street, Vancouver, BC

Basement Recreation Room Photo of 504 789 Drake Street, Vancouver, BC

Laundry Room Photo of 504 789 Drake Street, Vancouver, BC

Mudroom Photo of 504 789 Drake Street, Vancouver, BC

Entry Foyer Photo of 504 789 Drake Street, Vancouver, BC

504 789 Drake St, Vancouver, BC | MLS^® R3068595 Property Details

Check out the value in this solid 1bd at the RAINSCREENED Century Tower at the intersection of Yaletown, Downtown + the West End. Step inside this corner unit and you’ll be impressed by this bright + functional condo that features ample interior storage and a massive covered balcony (130 sf) ideal for hanging with friends or chilling with your morning coffee. Ideal for young professionals or as an addition to your rental portfolio! BUILDING Trouble-free rainscreened building with many updates including. Plumbing, balconies, windows, elevators, full rainscreen + more. Insuite storage + parking rented $70/mo. No pets. Rentals welcome. NEIGHBORHOOD: Highly walkable + bike friendly, steps to Yaletown + Skytrain, Beach District, seawall + all Downtown Vancouver has to offer at your door.

General Info

Price $498,000

Total Bedrooms 1

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 604

Lot Size -

Lot Size Depth Feet

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1991

Age Of Building 34

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer, Refrigerator, Stove

Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3068595

Area Vancouver West

Neighbourhood Downtown VW

City Vancouver

Gross Taxes $1,618.38

Ownership Type Freehold Strata

Maintenance Fee $395.22

Community Features Shopping Nearby

Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal

Fixtures Included -

Heating & Cooling

Fireplace 0

Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Underground, Side Access

Total Parking Spaces 1

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Strata Restrictions Pets Not Allowed,Rentals Allowed

Pet Restrictions No Cats, No Dogs, No

Rental Restrictions 100

Zoning APT

Rental Suites None

Laundry Common Area

# of Kitchens 1

Flooring Laminate, Tile

Foundation Concrete Perimeter

Interior Features Elevator

View -

View Description -

Units In Development 122

Exterior Features Garden, Balcony

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Property History

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Status	Date	Price

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

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 Info

Public Schools

Secondary

King George Secondary School

1.57 km

Elementary

Elsie Roy Elementary School

Average

0.65 km

6.1/10

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 High School

0.52 km

Closest Transit

Bus Stop

Northbound Granville St @ Drake St

0.09 km

Skytrain

Skytrain @ Yaletown-Roundhouse Stn

0.51 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 504 789 Drake Street, Vancouver, BC - A Charming Home in Downtown VW

I'm thrilled to introduce you to this exceptional property, MLS^® R3068595, located in the heart of Downtown Vancouver. As we walk through the community, you'll discover the perfect blend of urban convenience, beautiful parks, and exceptional schools.

Education

Let's start with the schools. Elsie Roy Elementary School, rated 6.1/10, is just 0.65 km away from this stunning property at 504 789 Drake Street, Vancouver, BC. This school is a gem for families, offering a supportive environment and excellent academic programs. Additionally, King George Secondary School, with no rating available, is 1.57 km from this home, providing a wonderful option for students to grow and develop.

Safety and Crime

As we explore the neighborhood, you'll appreciate the low crime rate, with an overall crime rate of 7,470.82, which is Average compared to other Canadian cities. According to Statistics Canada's 2020 report, there were 52,217 disturbances in the area. While this may seem like a lot, the crime rate is actually decreasing, with a year-by-year change of -14.94%. This means you can feel safe and secure in this vibrant community.

Demographics

The neighborhood surrounding 504 789 Drake Street, Vancouver, BC, is known for its high level of education, with 47% of residents holding a university certificate or degree. This is significantly higher than the average in BC. With a median household income of $55,936, this area is considered Below Average compared to other British Columbia neighborhoods. However, the median personal income is $40,817, which is Above Average.

Transit and Commuting

Convenience is key in this neighborhood, with the Northbound Granville St @ Drake St bus station just 0.09 km away from MLS^® R3068595. Many residents use public transportation, with 26% of the population relying on it to get around. Others prefer to walk, with 41.7% of residents choosing this mode of transportation.

Lifestyle Amenities

Downtown Vancouver offers an abundance of lifestyle amenities, including beautiful parks, beaches, and trails. You'll love exploring the area's many coffee shops, restaurants, and shopping malls. With a high percentage of renters (65.6%), this neighborhood is perfect for those who want to experience the urban lifestyle without the burden of homeownership.

Real Estate Context

The average value of dwellings in this neighborhood is $705,201, which is High compared to other areas in British Columbia. With an average owner payment of $1,746, this is a great investment opportunity. Tenants, on the other hand, pay an average of $1,369, which is also High compared to other cities.

In summary, 504 789 Drake Street, Vancouver, BC, MLS^® R3068595, is a stunning property that offers the perfect blend of urban convenience, beautiful parks, and exceptional schools. With a low crime rate, high level of education, and convenient transit options, this neighborhood is an ideal place to call home.

Local Info

Calculate your monthly mortgage payments

Down Payment Percent

Home Price

Down Payment

Interest Rate

Loan Type

/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

Down Payment Percent

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Down Payment

/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.

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

Renanza Realty

778-918-5990

Award-Winning REALTOR^® with 11+ Years of Experience Serving Greater Vancouver

504 789 Drake St, Vancouver, BC, MLS® R3068595

504 789 Drake St, Vancouver, BC | MLS® R3068595 Property Details

Listed by: Royal LePage Westside

Neighborhood Info

Local Info

Calculate your monthly mortgage payments

Cash Flow Analysis

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504 789 Drake St, Vancouver, BC, MLS^® R3068595

504 789 Drake St, Vancouver, BC | MLS^® R3068595 Property Details

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