6.3% price reduction

2002 1111 Richards St, Vancouver, BC

$1,499,900
Est. Mortgage /mo

MLS® R3000457 · 8x On The Park

2 Beds
2 Baths
969 sqft
1548 $ /sqft
682 $ Maint. fee
2021 Built
$1,499,900
$1,599,900
Est. /mo with 20% down
$1,548/sqft · Tax $3,681/2024
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

6.3% price reduction

Welcome to this stunning 2 BED/2 BATH NW corner residence at 8X On The Park, architecturally striking tower perfectly perched above Emery Barnes Park in the heart of Yaletown. Enjoy sweeping views of the city skyline and North Shore mountains from every room. The home features top quality materials and modern designs; a sleek Italian kitchen with integrated Miele & Sub-Zero appliances, full slab marble backsplash, and a slide-out pantry wall; hardwood floors through out; floor-to-ceiling windows; air conditioning; spa-like bathrooms with ample use of marble and heated floors. Residents enjoy first-class amenities, including a 24h concierge, Sky Fitness Centre, rooftop Lounge, and expansive terrace. 1 parking with a huge private storage room.

General Info

Price $1,499,900
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 969
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 2021
Age Of Building 5
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Recreation Facilities, Concierge, Caretaker, Trash, Gas, Heat, Hot Water, Management, Snow Removal
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3000457
Building Name 8x On The Park
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Postal Code V6B 0S3
Price per Sqft $1,548
Gross Taxes $3,681.13
Ownership Type Freehold Strata
Maintenance Fee $682
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Recreation Facilities, Concierge, Caretaker, Trash, Gas, Heat, Hot Water, Management, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace 0
Heating Type Forced Air
Cooling Central Air

Utilities

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

Parking

Parking Type Underground
Total Parking Spaces 1
Listed by: Oracle Realty 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

Secondary
King George Secondary School
1.73 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
0.55 km
Secondary
Pattison High School
0.46 km

Closest Transit

Bus Stop
Northbound Seymour St @ Davie St
0.11 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.28 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
52%
No Certificate/Degree
Below Average
5.5%
Owner Occupied
Average
73.7%
Employment Rate
Below Average
27.3%

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 $307
Maintenance fee 0
Financing 80% of the $1,499,900 asking price over 30 years at 4% results in approximately $6,718/month in total estimated carrying costs, $307 property tax, $682 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 $4,499/month in rental income, leaving a -$2,283/month cashflow at current carrying costs. Investors targeting break-even would need roughly 52% 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 $1,499,900
Vancouver Loading...
Downtown VW Loading...
28 comparable Apartment/Condos are currently active in Downtown VW, with a median asking price of $1,465,051. This property is listed 2.4% above the local average and 35.6% above the Vancouver average. This property is flagged as a Hot Deal (6.3% 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

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

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