504 789 Drake St, Vancouver, BC

$479,900
Est. Mortgage /mo

MLS® R3092701 · Century Tower

1 Beds
1 Baths
604 sqft
795 $ /sqft
395.22 $ Maint. fee
1991 Built
$479,900
Est. /mo with 20% down
$795/sqft · Tax $1,618/2025
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

WARNING! EXTREME VALUE in this UPDATED (new S/S Appliances, lights + floors) 1bd at this RAINSCREENED building at the intersection of Yaletown, Downtown + West End. Step inside this corner unit + you’ll be impressed by this bright + functional condo that features ample interior storage + massive covered balcony (130 sf) ideal for hanging with friends or chilling with your morning coffee. Perfect for young professionals or an addition to your rental portfolio! BUILDING Trouble-free building with many updates including plumbing, balconies, windows, elevators, full rainscreen + more. Insuite storage + parking (rented $70/mo). Sorry, no pets. NEIGHBORHOOD: Highly walkable + bike friendly, steps to Yaletown + Skytrain, Beach District, seawall + all Downtown Vancouver has to offer at your door.

General Info

Price $479,900
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 604
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 1991
Age Of Building 35
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3092701
Building Name Century Tower
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Postal Code V6Z 2N7
Price per Sqft $795
Gross Taxes $1,618.38
Ownership Type Freehold Strata
Maintenance Fee $395.22
Community Features Shopping Nearby
Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace 0
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type Underground, Side Access
Total Parking Spaces 1
Listed by: Royal LePage Westside

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
1.57 km
Elementary
Elsie Roy Elementary School
Average
0.65 km
6.1/10

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

Private Schools

Elementary
Anchor Point Montessori
0.17 km
Secondary
Pattison High School
0.52 km

Closest Transit

Bus Stop
Northbound Granville St @ Drake St
0.09 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.51 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
47%
No Certificate/Degree
Below Average
4.8%
Owner Occupied
Average
72.8%
Employment Rate
Below Average
24.4%

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 $135
Maintenance fee 0
Financing 80% of the $479,900 asking price over 30 years at 4% results in approximately $2,363/month in total estimated carrying costs, $135 property tax, $395 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 $1,919/month in rental income, leaving a -$499/month cashflow at current carrying costs. Investors targeting break-even would need roughly 42% 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 $479,900
Vancouver Loading...
Downtown VW Loading...
71 comparable Apartment/Condos are currently active in Downtown VW, with a median asking price of $583,491. This property is listed 17.8% below the local average and 22.9% below the Vancouver 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

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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