Anchor Point II – Bright 7th-floor suite in the heart of downtown Vancouver! Steps to the Beach, Seawall, restaurants, shopping, and transit. This well-maintained home features an open layout with updated vinyl flooring, built-in cabinetry, and a private balcony for enjoying city views. Includes one storage locker and parking available for rent. The building is professionally managed and known for its excellent location and solid reputation. Will be available by mid-November. Great opportunity for investors or first-time buyers with the potential future wind-up value of this sought-after building.
General Info
Price
$509,900
Total Bedrooms
1
Total Bathrooms
1
Half Bathrooms
0
Floor Area Total (sqft)
542
Lot Size
-
Lot Size Depth
Feet
Lot Size Frontage
-
Basement
Finished
Basement Features
-
Property Metrics
Year Built
1977
Age Of Building
48
Building Type
Apartment/Condo
Property Type
Residential
Stories
5
Building Amenities
Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Building Features
-
Structures
Multi Family, Residential Attached
Additional Details
MLS® #
R3063420
Building Name
-
Area
Vancouver West
Neighbourhood
Downtown VW
City
Vancouver
Postal Code
V6Z 2B9
Price per Sqft
$941
Gross Taxes
$1,525.15
Ownership Type
Freehold Strata
Maintenance Fee
$460.78
Amenities Nearby
Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Heating & Cooling
Fireplace
-
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
Garage Under Building, Side Access
Total Parking Spaces
0
Rooms
Floor
Type
Dimensions
Main Level
Living Room
13'1 x 13'1 ft
Main Level
Dining Room
9'1 x 9'1 ft
Main Level
Kitchen
8' x 8' ft
Main Level
Bedroom
12'3 x 12'3 ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#4
Listed by: Royal Pacific Lions Gate 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
1.43 km
Elementary
Elsie Roy Elementary School
Average
0.83 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
0.07 km
Secondary
Pattison High School
0.54 km
Closest Transit
Bus Stop
Southbound Burrard St @ Harwood St
0.06 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.70 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$127
Maintenance fee0
Based on a 30-year fixed at 4% interest with 20% down ($101,980), the estimated monthly payment for this listing is $2,535/month — $1,947 principal & interest, $127 property tax, $461 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 Payment0%
At an estimated rental income of $1,937/month, this property runs a $648/month shortfall after mortgage and carrying costs. Break-even requires approximately 47% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$509,900
Vancouver
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Downtown VW
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Based on 3 comparable active Apartment/Condos in Downtown VW, the average asking price is $436,500. This listing is priced 16.8% 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
Property FAQs
What are the closest top-rated schools to 707 950 Drake Street, Vancouver, BC?
The closest top-rated schools are King George Secondary School and Elsie Roy Elementary School.
Is 707 950 Drake Street, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 707 950 Drake Street, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $3,059.
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