503 602 Citadel Parade, Vancouver BC - Apartment/Condo for Sale - MLS# R3108287

$969,900
Est. Mortgage $4,291/mo
Spectrum 4 By Concord Pacific
2 Beds
2 Baths
903 sqft
1074 $ /sqft
596.25 $ Maint. fee
2007 built
$969,900
Est. $4,291/mo with 20% down
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

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Property Details for 503 602 Citadel Parade

This corner home in Spectrum 4 offers a combination of privacy, outdoor space, and long term potential. Quietly perched above the tree lined canopy of Citadel Parade, two patios wrap the home and provide over 228 sqft. of outdoor living overlooking the courtyard. Presented in immaculate condition with all appliances replaced since 2025 (and A/C ready), this move in ready home sits in one of downtown Vancouver’s most connected communities. Residents enjoy Club Ozone’s resort style amenities and concierge, all w/o the luxury high-rise fees. Steps to Crosstown Elementary, SkyTrain, Rogers Arena, Costco, parks, dining, and the seawall. Located within the Northeast False Creek plan, at the centre of one of Vancouver’s most significant urban transformations. You can't afford to overlook this.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer, Dryer, Dishwasher, Refrigerator, Oven, Range Top
Interior Features Elevator
Fireplace 0
Heating Type Baseboard, Electric
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Playground, Balcony
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $969,900
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 903
Year Built 2007
Age Of Building 19
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Management, Snow Removal
Building Name Spectrum 4 By Concord Pacific
Ownership Type Freehold Strata
Maintenance Fee $596.25
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Recreation Facilities, Sauna/Steam Room, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Management, Snow Removal
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Under Building
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Smoking Restrictions
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Units In Development 245

Lot & Land

Lot Size Depth Feet
MLS® # R3108287
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Postal Code V6B 1X2
Gross Taxes $2,762.79
Zoning CD-1

Property Timeline

Status Date Price
R3108287 / Active 04-07-2026 $969,900
Rooms
Floor Type Dimensions
Main Level Foyer 8'9 x 8'9 ft
Main Level Den 7'4 x 7'4 ft
Main Level Kitchen 8'4 x 8'4 ft
Main Level Dining Room 6'11 x 6'11 ft
Main Level Living Room 13'5 x 13'5 ft
Main Level Bedroom 9'2 x 9'2 ft
Main Level Primary Bedroom 11'3 x 11'3 ft
Main Level Patio 8'6 x 8'6 ft
Main Level Patio 8'10 x 8'10 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #4

Listed by: Oakwyn 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.

Map & Neighbourhood

Public Schools

Secondary
King George Secondary School
Average
2.23 km
6.2/10
Elementary
Lord Strathcona Community Elementary School
Below Average
0.59 km
2.1/10

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

Private Schools

Elementary
The Westside School
Above Average
0.31 km
8.8/10
Secondary
Lowell High School
0.34 km

Closest Transit

Bus Stop
Larwill Park @ Layover Only
0.11 km
Skytrain
Skytrain @ Stadium Stn
0.05 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
53.2%
No Certificate/Degree
Below Average
2.5%
Owner Occupied
Above Average
78.4%
Employment Rate
Below Average
29%

Noise/ Power Lines

Road/Hwy Noise
Possible
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

Sell Speed & Competition

35 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $729,947
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Possible — near transit
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How DOWNTOWN VW compares
This property
93 DOM
Listed
Downtown VW avg
Vancouver avg

503 602 Citadel Parade has a sell-speed score of 35/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 24.7% above comparable active properties in Downtown VW. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V6B 1X2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 1X2, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~3.1 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 503 602 Citadel Parade

Pre-computed routes from 503 602 Citadel Parade, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Stadium → Waterfront
    8 min
  • Metrotown, Burnaby via Stadium → Metrotown
    18 min
  • SFU Burnaby via Stadium → Production Way
    25 min
  • Richmond Centre via Stadium → Brighouse
    33 min
  • YVR Airport via Stadium → YVR-Airport
    34 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    1 min
  • Metrotown, Burnaby via Lougheed Hwy
    12 min
  • SFU Burnaby via Gaglardi Way
    17 min
  • Richmond Centre via No. 3 Rd
    15 min
  • YVR Airport via Bridgeport / Sea Island
    13 min

Calculate your commute

503 602 Citadel Parade, Vancouver, BC is ideally located for commuters. The property is 0.0 km from Stadium, with a 8 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Larwill Park @ Layover Only (0.11 km). Walk Score Transit rating: Rider's Paradise (100/100).

Walkability & Transit Near 503 602 Citadel Parade

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 100

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
89

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 503 602 Citadel Parade

2026 assessed value, sourced from City of Vancouver open data (PID 027-302-156).
Total Assessed Value (2026)
$815,000
-8.0% YoY
-2.0%/yr over 4 yr
2022 Value Trend 2026
Land
$602,000
Buildings
$213,000
Year Built
2007
Class
Comprehensive Development
Zoning
CD-1 (415)
Property Tax
$2,742
Year Land Improvements Total Assessed YOY Change
2026 $602,000 $213,000 $815,000
-8.0%
2025 $654,000 $232,000 $886,000
-6.0%
2024 $696,000 $247,000 $943,000
+1.6%
2023 $685,000 $243,000 $928,000
+5.0%
2022 $627,000 $257,000 $884,000

Mortgage Calculator for 503 602 Citadel Parade

/month
Principal & Interest
Property Taxes $230
Maintenance fee 596.25
Based on a 30-year fixed at 4% interest with 20% down ($193,980), the estimated monthly payment for this listing is $4,530/month — $3,704 principal & interest, $230 property tax, $596 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $3,316/month, this property runs a $1,275/month shortfall after mortgage and carrying costs. Break-even requires approximately 48% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Downtown VW, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $969,900
Vancouver Loading...
Downtown VW Loading...

Based on 116 comparable active apartments/condos in Downtown VW, the average asking price is $834,541. This listing is priced 16.2% above the neighbourhood average.

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

Listing Agent & Brokerage

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

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Walkability & Transit Near 503 602 Citadel Parade

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 100

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
89

Bike Score - Very Bikeable

Biking is convenient for most trips

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