6.6% price reduction

305 123 W 1st Ave, Vancouver, BC

$549,900
Est. Mortgage /mo

MLS® R3081650 · Compass At The Village

1 Beds
1 Baths
568 sqft
968 $ /sqft
579.86 $ Maint. fee
2010 Built
$549,900
$588,800
Est. /mo with 20% down
$968/sqft · Tax $1,899/2025
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

6.6% price reduction

Compass in Olympic Village. The Condo - Great layout with bedroom and walk-in closet with custom organizers. The kitchen has been updated with high gloss cabinetry and butcher block countertop, Meile appliances, gas cooktop, and wall oven. Contemporary laminate flooring, nearly 10 foot ceilings, and a private outlook toward Craft Brewing (The historic Vancouver Salt Co). Peak at the water from the spacious patio. The Location - steps to the seawall, shops, theatres, coffee, and some of Vancouver's best seaside dining. The Building - leed certified, with open breezeways, radiant heating and cooling, and access to the world class amenities at The Gold Club for swimming, whirlpool, sauna, and a fully equipped fitness centre. Pets OK, secure parking (including for visitors) and storage locker.

General Info

Price $549,900
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 568
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
Building Amenities Bike Room, Clubhouse, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3081650
Building Name Compass At The Village
Area Vancouver West
Neighbourhood False Creek
City Vancouver
Postal Code V5Y 0E2
Price per Sqft $968
Gross Taxes $1,899.03
Ownership Type Freehold Strata
Maintenance Fee $579.86
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal
Fixtures Included 1

Heating & Cooling

Fireplace -
Heating Type Radiant
Cooling Central Air

Utilities

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

Parking

Parking Type Underground, Guest, Lane Access, Rear Access
Total Parking Spaces 1
Listed by: Stilhavn Real Estate Services

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
1.52 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
The Westside School
0.89 km
Secondary
Columbia College
0.86 km

Closest Transit

Bus Stop
Westbound W 2nd Ave @ Manitoba St
0.16 km
Skytrain
Skytrain @ Main Street Stn
0.55 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 $158
Maintenance fee 0
A 20% down payment of $109,980 on this $549,900 listing yields an estimated mortgage of $2,100/month (30-year fixed, 4%). Total estimated housing cost: $2,838/month, $158 property tax, $580 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 $2,089/month in estimated rental income against $2,892/month in mortgage payments, the monthly cashflow is -$803/month. A 51% 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 $549,900
Vancouver Loading...
False Creek Loading...
This $549,900 listing sits 18.3% below the False Creek average of $673,172 for similar 1-bedroom Apartment/Condos (68 active comparables). This property is flagged as a Hot Deal (6.6% 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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