7.2% price reduction, 20.18% cheaper than comparables

206 1622 Frances St, Vancouver, BC

$649,000
Est. Mortgage /mo

MLS® R3073412 · Frances Place

2 Beds
1 Baths
834 sqft
778 $ /sqft
619.92 $ Maint. fee
1977 Built
$649,000
$699,000
Est. /mo with 20% down
$778/sqft · Tax $2,094/2025
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

7.2% price reduction 20.18% cheaper than comparables

You are going to love this fully renovated 2 bedroom corner suite with wrap around balcony. The layout is ideal and the renovations are top to bottom. Nothing to do but move in and enjoy your new home. Everything is brand new and ready to enjoy. Very well run friendly strata, pets and rentals ok. Spacious rooms you tend to only find in a solid 70's vintage building. Shared laundry is right on your floor. Close to great eateries, coffee bars & parks.

General Info

Price $649,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 834
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 1977
Age Of Building 49
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Heat, Hot Water, Management
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3073412
Building Name Frances Place
Area Vancouver East
Neighbourhood Hastings
City Vancouver
Postal Code V5L 1Z4
Price per Sqft $778
Gross Taxes $2,093.6
Ownership Type Freehold Strata
Maintenance Fee $619.92
Community Features Shopping Nearby
Amenities Nearby Heat, Hot Water, Management

Heating & Cooling

Fireplace -
Heating Type Baseboard, Hot Water

Utilities

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

Parking

Parking Type Underground, Lane Access, Garage Door Opener
Total Parking Spaces 1
Listed by: RE/MAX Andrew Hasman

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
Britannia Community Secondary School
0.37 km
Elementary
Admiral Seymour Elementary School
0.6 km

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

Private Schools

Elementary
St Francis of Assisi
0.56 km
Elementary, Secondary
PALS Autism School
1.19 km

Closest Transit

Bus Stop
Southbound Commercial Dr @ Frances St
0.11 km
Skytrain
Skytrain @ Vcc-Clark Stn
1.63 km

Crime Rate

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

Demographics

Post-Secondary Education
Average
32.2%
No Certificate/Degree
Above Average
15.6%
Owner Occupied
Average
71.7%
Employment Rate
Below Average
48.6%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $174
Maintenance fee 0
A 20% down payment of $129,800 on this $649,000 listing yields an estimated mortgage of $2,479/month (30-year fixed, 4%). Total estimated housing cost: $3,273/month, $174 property tax, $620 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%
With $2,401/month in estimated rental income against $3,326/month in mortgage payments, the monthly cashflow is -$925/month. A 50% down payment would reach break-even.
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 $649,000
Vancouver Loading...
Hastings Loading...
This $649,000 listing sits 9.9% below the Hastings average of $719,966 for similar 2-bedroom Apartment/Condos (10 active comparables). This property is flagged as a Hot Deal (7.2% price reduction, 20.18% cheaper than comparables) 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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