3402 1111 RICHARDS ST, Vancouver BC V6B 0S3, Vancouver, BC

$5,600,000
Est. Mortgage /mo

MLS® R2785796

Closed

$5,600,000
Closed at 28 Sep 2023
Listing price: $5,600,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
3 Beds
3 Baths
2 Stories
$ 1189.19 Maint. Fee
3116 sqft
2021 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

The Penthouse at 8X ON THE PARK is 3100 sqft over two levels looking over Yaletown and Emery Barnes Park. This home is a 3 bedroom home has two offices (one could be a 4th bedroom), multiple flex spaces to accommodate individual living. The kitchen features Wolf and Sub Zero appliances including two dishwashers and wine fridge. The home comes with a private car garage plus a single parking stall, storage room and bike locker. 8X amenities feature: 24/7 concierge, rooftop deck w/ fireplaces & BBQ, gym, the best bike amenities in the city, pet wash station.

General Info

Price $5,600,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 3116
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2021
Age Of Building 2
Building Type Apartment/Condo
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Disposal, Refrigerator, Cooktop
Building Amenities Bike Room, Exercise Centre, Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Geothermal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2785796
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Gross Taxes $25,233.9
Ownership Type Freehold Strata
Maintenance Fee $1,189.19
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Concierge, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Geothermal
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air
Cooling Central Air, Air Conditioning

Utilities

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

Parking

Parking Type Underground, Lane Access, Garage Door Opener
Total Parking Spaces 3

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning CD-1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Block
Interior Features Elevator, Storage, Vaulted Ceiling(s)
Locker 1
View 1
View Description City & Water
Units In Development 191
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 09-28-2023 $5,600,000
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Listed by: Rennie & Associates 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

Secondary
King George Secondary School
1.73 km
No Rating
Elementary
Lord Strathcona Community Elementary School
1.02 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
Anchor Point Montessori
0.55 km
No Rating
Secondary
Pattison School
0.45 km
No Rating

Closest Transit

Translink
Northbound Seymour St @ Davie St
0.12 km

3402 1111 RICHARDS STREET, Vancouver BC V6B 0S3 is serviced by Lord Strathcona Community Elementary School. The property with listing MLS® R2785796 is located 1.02 km from the school. Lord Strathcona Community Elementary School has a rating of No Rating.

This home with address 3402 1111 RICHARDS STREET, Vancouver BC V6B 0S3, Vancouver, BC is also serviced by King George Secondary School and located 1.73 km from it. King George Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 3402 1111 RICHARDS STREET, Vancouver BC V6B 0S3 is Anchor Point Montessori with School's rating No Rating, located 0.55 km from this home.

The closest to this address 3402 1111 RICHARDS STREET, Vancouver BC V6B 0S3 Secondary independent school is Pattison School with School's rating No Rating, located 0.45 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 - 3402 1111 RICHARDS STREET, Vancouver BC V6B 0S3, 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® R2785796 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 3402 1111 RICHARDS STREET, Vancouver BC V6B 0S3 are Above Average. Property misconduct rating adjacent to MLS® R2785796 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 Northbound Seymour St @ Davie St in 0.12 km away from this listing with - MLS® R2785796.

52% of people with university certificate/degree live in this neighbourhood adjacent to the 3402 1111 RICHARDS STREET, Vancouver BC V6B 0S3 which is High in comparison with other BC neighbourhoods. 5.5% of population in this neighbourhood that is near the Listing MLS® R2785796 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 3402 1111 RICHARDS STREET, Vancouver BC V6B 0S3, Vancouver, BC is $62771 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2785796 is $41842 which is Above Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 73.7% which is High.

Unemployment rate in the area around Real Estate Listing # R2785796 is 4.3 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 3402 1111 RICHARDS STREET, Vancouver BC V6B 0S3 Downtown VW where population change between 2011 and 2016 was 21.5%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 3402 1111 RICHARDS STREET, Vancouver BC V6B 0S3, Vancouver, BC is 31632.3 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 3402 1111 RICHARDS STREET, Vancouver BC V6B 0S3 is 2.3. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2785796 is 27.3% and it is Low. % of Married or living common law is around 40.6% and it is Low.

Average age of the population close to the 3402 1111 RICHARDS STREET, Vancouver BC V6B 0S3 is 38.8 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 3402 1111 RICHARDS STREET, Vancouver BC V6B 0S3, Vancouver, BC is $651930 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 3402 1111 RICHARDS STREET, Vancouver BC V6B 0S3. $1621 owners spent in average for the dwelling. Tenants are paying $1478 in this district close to MLS® R2785796 and it is High comparing to other cities.

58% of Population in this district near the 3402 1111 RICHARDS STREET, Vancouver BC V6B 0S3 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 3402 1111 RICHARDS STREET, Vancouver BC V6B 0S3, Vancouver, BC is 11.4%, it is Above Average, % of English speakers only is 86.8% and Below Average. % of French speakers adjacent to 3402 1111 RICHARDS STREET, Vancouver BC V6B 0S3 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 3402 1111 RICHARDS STREET, Vancouver BC V6B 0S3, Vancouver, BC is 1.6% and it is Above Average comparing to other BC cities.

22% of all population in the area around this property with the address 3402 1111 RICHARDS STREET, Vancouver BC V6B 0S3, Vancouver, BC using Public Transport which is Above Average, 28% of using population are using Cars around MLS® R2785796, which is Low. 2% of people using Bicycles around the 3402 1111 RICHARDS STREET, Vancouver BC V6B 0S3 and it is Above Average. 45.8% of population are walking which is High

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 1189.19
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 $5,600,000
Vancouver $9,063,333
Downtown VW No comparables
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
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MLS® R2911636

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