305 2250 COMMERCIAL DR, Vancouver BC V5N 5P4, Vancouver, BC

$599,000
Est. Mortgage /mo

MLS® R2864738

Closed

$585,000
Closed at 27 May 2024
Listing price: $599,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
1 Beds
1 Baths
1 Stories
$ 275.98 Maint. Fee
547 sqft
2013 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Welcome to Marquee on the Drive. This beautiful & bright, east facing 1 bedroom unit is the perfect match of convenience & comfort. The unit features two tone cabinetry, gas range, stainless steel appliances, quartz counter tops & in-suite laundry. The open concept living space is complimented by an opaque sliding glass door which opens up into the spacious bedroom. Located in the heart of Commercial drive this low rise concrete build is perfect for a first time home buyer, or an investor looking for a great building with peace of mind for the future years ahead. “The Drive” has held its community charm & is flourishing with some of the best restaurants, bars & boutiques that Vancouver has to offer. You are steps from the skytrain, any amenity you need and just minutes from downtown.

General Info

Price $599,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 547
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2013
Age Of Building 11
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Trash, Management, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2864738
Area Vancouver East
Neighbourhood Grandview Woodland
City Vancouver
Gross Taxes $1,734.69
Ownership Type Freehold Strata
Maintenance Fee $275.98
Amenities Nearby Exercise Centre, Trash, Management, Water
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type Underground
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions
Rental Restrictions -
Zoning CD-1
Rental Suites -
Laundry In Unit
# of Kitchens 0
Foundation Concrete Perimeter
Locker 1
View -
View Description -
Units In Development 58
Exterior Features Balcony
Sewer Sanitary Sewer
Roof Torch-On

Property History

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Status Date Price
Sold 05-27-2024 $599,000
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Listed by: Oakwyn 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 Info

Public Schools

Elementary
Laura Secord Elementary School
Average
0.66 km
Rating 6.4/10
Secondary
Vancouver Technical Secondary School
6.91 km
No Rating

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, Secondary
Stratford Hall School
0.79 km
Rating 8.7/10
Elementary, Secondary
Stratford Hall School
0.79 km
Rating 8.7/10

Closest Transit

Translink
Southbound Commercial Dr @ E 6th Ave
0.04 km

305 2250 COMMERCIAL DRIVE, Vancouver BC V5N 5P4 is serviced by Laura Secord Elementary School. The property with listing MLS® R2864738 is located 0.66 km from the school. Laura Secord Elementary School has a rating of Rating 6.4/10.

This home with address 305 2250 COMMERCIAL DRIVE, Vancouver BC V5N 5P4, Vancouver, BC is also serviced by Vancouver Technical Secondary School and located 6.91 km from it. Vancouver Technical Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 305 2250 COMMERCIAL DRIVE, Vancouver BC V5N 5P4 is Stratford Hall School with School's rating Rating 8.7/10, located 0.79 km from this home.

The closest to this address 305 2250 COMMERCIAL DRIVE, Vancouver BC V5N 5P4 Secondary independent school is Stratford Hall School with School's rating Rating 8.7/10, located 0.79 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 - 305 2250 COMMERCIAL DRIVE, Vancouver BC V5N 5P4, 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® R2864738 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 305 2250 COMMERCIAL DRIVE, Vancouver BC V5N 5P4 are Above Average. Property misconduct rating adjacent to MLS® R2864738 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 Southbound Commercial Dr @ E 6th Ave in 0.04 km away from this listing with - MLS® R2864738.

39.1% of people with university certificate/degree live in this neighbourhood adjacent to the 305 2250 COMMERCIAL DRIVE, Vancouver BC V5N 5P4 which is High in comparison with other BC neighbourhoods. 13.3% of population in this neighbourhood that is near the Listing MLS® R2864738 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 305 2250 COMMERCIAL DRIVE, Vancouver BC V5N 5P4, Vancouver, BC is $50670 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2864738 is $31067 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 66.8% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2864738 is 4.9 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 305 2250 COMMERCIAL DRIVE, Vancouver BC V5N 5P4 Grandview Woodland where population change between 2011 and 2016 was 8.4%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 305 2250 COMMERCIAL DRIVE, Vancouver BC V5N 5P4, Vancouver, BC is 9156 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 305 2250 COMMERCIAL DRIVE, Vancouver BC V5N 5P4 is 2.5. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2864738 is 46% and it is Low. % of Married or living common law is around 41.9% and it is Low.

Average age of the population close to the 305 2250 COMMERCIAL DRIVE, Vancouver BC V5N 5P4 is 40.7 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 305 2250 COMMERCIAL DRIVE, Vancouver BC V5N 5P4, Vancouver, BC is $754409 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 305 2250 COMMERCIAL DRIVE, Vancouver BC V5N 5P4. $1501 owners spent in average for the dwelling. Tenants are paying $1008 in this district close to MLS® R2864738 and it is Average comparing to other cities.

72.7% of Population in this district near the 305 2250 COMMERCIAL DRIVE, Vancouver BC V5N 5P4 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 305 2250 COMMERCIAL DRIVE, Vancouver BC V5N 5P4, Vancouver, BC is 13.4%, it is Above Average, % of English speakers only is 83.4% and Below Average. % of French speakers adjacent to 305 2250 COMMERCIAL DRIVE, Vancouver BC V5N 5P4 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 305 2250 COMMERCIAL DRIVE, Vancouver BC V5N 5P4, Vancouver, BC is 3.1% and it is Above Average comparing to other BC cities.

40.8% of all population in the area around this property with the address 305 2250 COMMERCIAL DRIVE, Vancouver BC V5N 5P4, Vancouver, BC using Public Transport which is High, 37.8% of using population are using Cars around MLS® R2864738, which is Low. 12.6% of people using Bicycles around the 305 2250 COMMERCIAL DRIVE, Vancouver BC V5N 5P4 and it is High. 7.2% of population are walking which is Above Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 275.98
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

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
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.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $599,000
Vancouver $670,706
Grandview Woodland $650,833
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

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
Dan Marusin
Renanza Realty
778-918-5990
Call or Text Now!
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