8.3% price reduction

1010 1661 Ontario St, Vancouver, BC

$998,000
Est. Mortgage /mo

MLS® R3054062

2 Beds
1 Baths
902 sqft
1106 $ /sqft
677.93 $ Maint. fee
2010 Built
$998,000
$1,088,000
Est. /mo with 20% down
$1,106/sqft · Tax $3,219/2025
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

8.3% price reduction

The ' SAILS '. Two bedroom corner Unit condo in one of the most desired neighborhood in the heart of Olympic Village. Unit features 2 bedrooms , one full bath ,1 parking and with the state of the art heating / cooling system, sub-Zero refrigerators, Fine cabinetry and finishings. Residents have exclusive access to the Gold Medal Club ( Approximately 5 minutes walk ) with sauna, gym, pool, Yoga Studio, hot tub and steam room. Very close to shopping, London Drugs , Grocery and liquor store, Skytrain stations and downtown. All sizes are approximate . The buyer should not rely upon the listing information without the buyer independently verifying the information. Easy to show.

General Info

Price $998,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 902
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 2010
Age Of Building 16
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Stove
Building Amenities Bike Room, Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3054062
Building Name -
Area Vancouver West
Neighbourhood False Creek
City Vancouver
Postal Code V5Y 0C3
Price per Sqft $1,106
Gross Taxes $3,218.52
Ownership Type Freehold Strata
Maintenance Fee $677.93
Community Features Adult Oriented, Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal

Heating & Cooling

Fireplace 0
Heating Type Radiant
Cooling Air Conditioning

Utilities

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

Parking

Parking Type Underground, Garage Door Opener
Total Parking Spaces 1
Listed by: Oakwyn Realty Encore

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
Simon Fraser Elementary School
Average
1.51 km
5.9/10

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

Private Schools

Elementary
St. Francis Xavier
0.84 km
Secondary
Columbia College
0.71 km

Closest Transit

Bus Stop
Eastbound E 2nd Ave @ Ontario St
0.17 km
Skytrain
Skytrain @ Main Street Stn
0.43 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
58.9%
No Certificate/Degree
Below Average
2.8%
Owner Occupied
Average
72.3%
Employment Rate
Below Average
33%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 $268
Maintenance fee 0
Financing 80% of the $998,000 asking price over 30 years at 4% results in approximately $4,758/month in total estimated carrying costs, $268 property tax, $678 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 $3,592/month in rental income, leaving a -$1,229/month cashflow at current carrying costs. Investors targeting break-even would need roughly 46% down.
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 $998,000
Vancouver Loading...
False Creek Loading...
22 comparable Apartment/Condos are currently active in False Creek, with a median asking price of $1,102,547. This property is listed 9.5% below the local average and 5% above the Vancouver average. This property is flagged as a Hot Deal (8.3% 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

Property FAQs

What are the closest top-rated schools to 1010 1661 Ontario Street, Vancouver, BC?

Is 1010 1661 Ontario Street, Vancouver, BC in a flood zone?

What is the estimated monthly mortgage and strata fee for 1010 1661 Ontario Street, Vancouver, BC?

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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