Below Assessment Value, 7.7% price reduction

904 1331 Homer St, Vancouver, BC

$599,900
Est. Mortgage /mo

MLS® R3021534

1 Beds
1 Baths
652 sqft
920 $ /sqft
409.65 $ Maint. fee
1990 Built
$599,900
$650,000
Est. /mo with 20% down
$920/sqft · Tax $714/1990
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

Below Assessment Value 7.7% price reduction

BELOW ASSESSMENT!!! Probate approved. Welcome to #904 at 1331 Homer Street — Own this spacious 1-bed / bath home with clear water views of False Creek. This bright and functional unit offers incredible potential, perfect for a renovation to suit your personal style and build equity. Located just steps from the Seawall, David Lam Park, Urban Fare, Roundhouse Community Centre, and the vibrant dining and boutique shopping of Yaletown. One block to the Canada Line for quick access across the city. School catchments include Elsie Roy Elementary and Dorothy Lam. Whether you're a savvy investor or end user, this is an unmatched chance to secure a view property in one of Vancouver’s most desirable neighborhoods.

General Info

Price $599,900
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 652
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 1990
Age Of Building 36
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Exercise Centre, Management
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3021534
Building Name -
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Postal Code V6B 5M9
Price per Sqft $920
Gross Taxes $714
Ownership Type Freehold Strata
Maintenance Fee $409.65
Amenities Nearby Bike Room, Exercise Centre, Management
Fixtures Included -

Heating & Cooling

Fireplace 0
Heating Type Electric

Utilities

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

Parking

Parking Type Garage Single, Guest
Total Parking Spaces 1
Listed by: Multiple 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
1.88 km
Elementary
Elsie Roy Elementary School
Average
0.33 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
0.47 km
Secondary
Pattison High School
0.71 km

Closest Transit

Bus Stop
Westbound Pacific St @ Richards St
0.14 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.24 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 $60
Maintenance fee 0
A 20% down payment of $119,980 on this $599,900 listing yields an estimated mortgage of $2,291/month (30-year fixed, 4%). Total estimated housing cost: $2,761/month, $60 property tax, $410 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 $2,279/month in estimated rental income against $2,820/month in mortgage payments, the monthly cashflow is -$541/month. A 39% 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 $599,900
Vancouver Loading...
Yaletown Loading...
This $599,900 listing sits 10.6% below the Yaletown average of $670,956 for similar 1-bedroom Apartment/Condos (36 active comparables). This property is flagged as a Hot Deal (Below Assessment Value, 7.7% 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

What are the closest top-rated schools to 904 1331 Homer Street, Vancouver, BC?

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What is the estimated monthly mortgage and strata fee for 904 1331 Homer Street, Vancouver, BC?

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

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