Welcome to Central Place! This beautifully maintained, bright studio offers an efficient open layout with a separate sleeping area with window featuring a dividing wall (ideal space for a bed—no bedroom). Enjoy a spacious covered balcony with city views, plus updated kitchen countertops and bathroom. The proactive strata has maintained the building exceptionally well with extensive upgrades including new plumbing, balconies, windows, elevators, full rainscreening, and more. Unbeatable downtown location—steps to Yaletown, Sunset Beach, the Seawall, and all amenities including SkyTrain/Canada Line, shopping, dining, groceries, and entertainment. Don’t miss out—call today to book your private showing! Open house on Saturday, February 14 th from 1-3 PM.
General Info
Price
$420,000
Total Bedrooms
0
Total Bathrooms
1
Half Bathrooms
0
Floor Area Total (sqft)
405
Lot Size
-
Lot Size Depth
-
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
Refrigerator, Stove
Building Amenities
Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
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$104
Maintenance fee0
Financing 80% of the $420,000 asking price over 30 years at 4% results in approximately $1,983/month in total estimated carrying costs, $104 property tax, $275 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%
This listing generates an estimated $1,680/month in rental income, leaving a -$352/month cashflow at current carrying costs. Investors targeting break-even would need roughly 38% 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
$420,000
Vancouver
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Downtown VW
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17 comparable Apartment/Condos are currently active in Downtown VW, with a median asking price of $460,367. This property is listed 8.8% below the local average and 5.7% 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
What are the closest top-rated schools to 801 789 Drake Street, Vancouver, BC?
The closest top-rated schools are King George Secondary School and Elsie Roy Elementary School.
Is 801 789 Drake Street, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 801 789 Drake Street, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $2,520.
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