Home Vancouver, BC Mount Pleasant VE 1606 108 E 1ST AVENUE, Vancouver BC V5T 0E4

429 Days on the market

1606 108 E 1ST AVE, Vancouver BC V5T 0E4, Vancouver, BC

$1,899,000

Est. Mortgage /mo

MLS® R2871066

Closed

$1,890,000

Closed at 01 Aug 2024
Listing price: ~~$1,899,000~~

Dan Marusin

Renanza Realty

778-918-5990

Go See This Home Now

2 Beds

2 Baths

2 Stories

$ 978.9 Maint. Fee

1408 sqft

2014 built

Property details

STUNNING AIR CONDITIONED PENTHOUSE in the sought-after MECCANICA at the OLYMPIC VILLAGE. EXTRA LARGE 1,408 SF + 655 SF ROOF TOP TERRACE & PATIO = 2,063 SF of Modern LIVING with Amazing MOUNTAIN VIEWS. Bright and Airy 2 bed / 2 baths HIGH END DESIGN with office space, 10’ over high ceilings with 20’ high impressive entry Foyer. Oak wood floors, roller blinds, top-of-the-line appliances including AEG wall oven, gas cooktop, white quartz counters, and sleek white high-gloss lacquer cabinetry. Walk to Olympic Village, Sea Wall and Shopping, Sky Train, Restaurants. Building features Gym and Lounge, 2 parking spaces + 2 Storage Lockers included. Pets and Rentals Allowed. OPEN HOUSE SUNDAY May 5th - 2 - 4PM

General Info

Price $1,899,000

Total Bedrooms 2

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 1408

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2014

Age Of Building 10

Building Type Apartment/Condo

Property Type Residential

Architecture Style Penthouse

Stories 2

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Cooktop

Building Amenities Exercise Centre, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Water

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS # R2871066

Area Vancouver East

Neighbourhood Mount Pleasant VE

City Vancouver

Gross Taxes $5,655.94

Ownership Type Freehold Strata

Maintenance Fee $978.9

Community Features Shopping Nearby

Amenities Nearby Exercise Centre, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, Recreation Facilities, Water

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Heat Pump

Cooling Central Air, Air Conditioning

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer

Water (WaterSource) Public

Parking

Parking Type Underground

Total Parking Spaces 2

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Strata Restrictions Pets Allowed,Pets Allowed w/Rest.,Rentals Allowed,Rentals Allwd w/Restrctns

Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes, Yes With Restrictions

Rental Restrictions -

Zoning CD

Rental Suites -

# of Kitchens 1

Flooring Hardwood, Mixed

Foundation Concrete Perimeter

Locker 1

View Description MOUNTAIN

Units In Development 165

Sewer Public Sewer

Roof Other

Property History

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Status	Date	Price
Sold	08-01-2024	$1,899,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	10'9 x 10'9 ft
Main Level	Dining Room	9'8 x 9'8 ft
Main Level	Primary Bedroom	12'0 x 12'0 ft
Main Level	Bedroom	9'10 x 9'10 ft
Main Level	Kitchen	9'2 x 9'2 ft
Above Level	Patio	30'6 x 30'6 ft
Main Level	Office	8'5 x 8'5 ft
Main Level	Patio	18' x 18' ft
Main Level	Walk-In Closet	8'5 x 8'5 ft
Main Level	Foyer	14'2 x 14'2 ft
Main Level	Laundry	7'9 x 7'9 ft

Listed by: RE/MAX Crest Realty

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 Info

Public Schools

Elementary

Simon Fraser Elementary School

Average

1.48 km

Rating 5.9/10

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary

St. Francis Xavier

0.63 km

Rating 9.8/10

Secondary

Columbia College

0.54 km

No Rating

Closest Transit

Translink

Westbound E 2nd Ave @ Main St

0.09 km

1606 108 E 1ST AVENUE, Vancouver BC V5T 0E4 is serviced by Simon Fraser Elementary School. The property with listing MLS® R2871066 is located 1.48 km from the school. Simon Fraser Elementary School has a rating of Rating 5.9/10.

The closest Elementary independent school to this home for sale located at 1606 108 E 1ST AVENUE, Vancouver BC V5T 0E4 is St. Francis Xavier with School's rating Rating 9.8/10, located 0.63 km from this home.

The closest to this address 1606 108 E 1ST AVENUE, Vancouver BC V5T 0E4 Secondary independent school is Columbia College with School's rating No Rating, located 0.54 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 52,217 volation disturbances in this neighbourhood. The overall crime rate near the address - 1606 108 E 1ST AVENUE, Vancouver BC V5T 0E4, Vancouver, BC is 7,470.82. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -14.94%

Drug crime rate next to the listing MLS® R2871066 is Average comparing to other neighbourhoods. The illegal substances offences rating is 229.49. There were 1,604 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.58%

Property crimes in the neighbourhood close to real estate listing for sale 1606 108 E 1ST AVENUE, Vancouver BC V5T 0E4 are Above Average. Property misconduct rating adjacent to MLS® R2871066 is 5,020.27. There were 35,089 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -20.80%

There were 9,168 violent lawbreaking disorders in 2020. 1,311.69 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 3.53%

The closest Bus station is Westbound E 2nd Ave @ Main St in 0.09 km away from this listing with - MLS® R2871066.

58.9% of people with university certificate/degree live in this neighbourhood adjacent to the 1606 108 E 1ST AVENUE, Vancouver BC V5T 0E4 which is High in comparison with other BC neighbourhoods. 2.8% of population in this neighbourhood that is near the Listing MLS® R2871066 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 1606 108 E 1ST AVENUE, Vancouver BC V5T 0E4, Vancouver, BC is $89971 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2871066 is $57280 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 72.3% which is High.

Unemployment rate in the area around Real Estate Listing # R2871066 is 4.2 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 1606 108 E 1ST AVENUE, Vancouver BC V5T 0E4 Mount Pleasant VE where population change between 2011 and 2016 was 69.4%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 1606 108 E 1ST AVENUE, Vancouver BC V5T 0E4, Vancouver, BC is 8935.3 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 1606 108 E 1ST AVENUE, Vancouver BC V5T 0E4 is 2.4. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2871066 is 33% and it is Low. % of Married or living common law is around 58% and it is Average.

Average age of the population close to the 1606 108 E 1ST AVENUE, Vancouver BC V5T 0E4 is 39 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 1606 108 E 1ST AVENUE, Vancouver BC V5T 0E4, Vancouver, BC is $814643 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 1606 108 E 1ST AVENUE, Vancouver BC V5T 0E4. $1860 owners spent in average for the dwelling. Tenants are paying $1709 in this district close to MLS® R2871066 and it is High comparing to other cities.

45.7% of Population in this district near the 1606 108 E 1ST AVENUE, Vancouver BC V5T 0E4 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 1606 108 E 1ST AVENUE, Vancouver BC V5T 0E4, Vancouver, BC is 13.3%, it is Above Average, % of English speakers only is 85.4% and Below Average. % of French speakers adjacent to 1606 108 E 1ST AVENUE, Vancouver BC V5T 0E4 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 1606 108 E 1ST AVENUE, Vancouver BC V5T 0E4, Vancouver, BC is 1.3% and it is Average comparing to other BC cities.

27.5% of all population in the area around this property with the address 1606 108 E 1ST AVENUE, Vancouver BC V5T 0E4, Vancouver, BC using Public Transport which is High, 44.2% of using population are using Cars around MLS® R2871066, which is Low. 6.7% of people using Bicycles around the 1606 108 E 1ST AVENUE, Vancouver BC V5T 0E4 and it is High. 20.4% of population are walking which is High

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Local Info

Calculate your monthly mortgage payments

Down Payment Percent

Home Price

Down Payment

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $202

Maintenance fee 978.9

All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

Down Payment Percent

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Down Payment

/month

Mortgage Payment $3201

Monthly Payment $3802

Break Even Down Payment 0%

Listing Price Comparision

This house $1,400,000

Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%

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

Dan Marusin

Renanza Realty

778-918-5990

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