401 499 DRAKE ST, Vancouver BC V6B 1B1, Vancouver, BC

$2,898,000
Est. Mortgage /mo

MLS® R2849033

Closed

$2,846,000
Closed at 20 Mar 2024
Listing price: $2,898,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
3 Beds
2 Baths
1 Stories
$ 1632.1 Maint. Fee
2054 sqft
2004 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Inspired by M.C. Escher's intricate drawings, the original Grace residences in the Escher wing possess a unique charm that is unparalleled in Vancouver. Nestled in the south gallery with convenient elevator access directly into the suite, we proudly introduce Residence 401. This expansive dwelling sits elegantly on the southern corner, inviting abundant natural light through its towering windows. Host lavish gatherings in the spacious and impressive suite. Experience the epitome of Yaletown living in this stylish abode, perfectly suited for downsizers or urban professionals seeking excellence. Complete with air conditioning, this 3-bedroom home, 2 bathroom dream pad also includes two generously sized side-by-side parking stalls. Prepare to be WOWed upon viewing this exceptional property.

General Info

Price $2,898,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2054
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2004
Age Of Building 20
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Clubhouse, Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Maintenance Grounds, Gas, Management, Recreation Facilities, Snow Removal, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2849033
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Gross Taxes $7,051.86
Ownership Type Freehold Strata
Maintenance Fee $1,632.1
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Exercise Centre, Sauna/Steam Room, Concierge, Caretaker, Maintenance Grounds, Gas, Management, Recreation Facilities, Snow Removal, Water

Heating & Cooling

Fireplace 1
Heating Type Forced Air
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 w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Zoning DD
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter
View 1
View Description city
Units In Development 71
Exterior Features Balcony
Sewer Public Sewer

Property History

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Status Date Price
Sold 03-20-2024 $2,898,000
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Listed by: Prompton Real Estate Services Inc. & Prompton Real Estate Services Inc. & Prompton Real Estate Services Inc.

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
1.85 km
No Rating
Elementary
Elsie Roy Elementary School
Average
0.36 km
Rating 6.1/10

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
Anchor Point Montessori
0.44 km
No Rating
Secondary
Pattison School
0.67 km
No Rating

Closest Transit

Translink
Eastbound Davie St @ Richards St
0.15 km

401 499 DRAKE STREET, Vancouver BC V6B 1B1 is serviced by Elsie Roy Elementary School. The property with listing MLS® R2849033 is located 0.36 km from the school. Elsie Roy Elementary School has a rating of Rating 6.1/10.

This home with address 401 499 DRAKE STREET, Vancouver BC V6B 1B1, Vancouver, BC is also serviced by King George Secondary School and located 1.85 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 401 499 DRAKE STREET, Vancouver BC V6B 1B1 is Anchor Point Montessori with School's rating No Rating, located 0.44 km from this home.

The closest to this address 401 499 DRAKE STREET, Vancouver BC V6B 1B1 Secondary independent school is Pattison School with School's rating No Rating, located 0.67 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 - 401 499 DRAKE STREET, Vancouver BC V6B 1B1, 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® R2849033 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 401 499 DRAKE STREET, Vancouver BC V6B 1B1 are Above Average. Property misconduct rating adjacent to MLS® R2849033 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 Eastbound Davie St @ Richards St in 0.15 km away from this listing with - MLS® R2849033.

47% of people with university certificate/degree live in this neighbourhood adjacent to the 401 499 DRAKE STREET, Vancouver BC V6B 1B1 which is High in comparison with other BC neighbourhoods. 4.8% of population in this neighbourhood that is near the Listing MLS® R2849033 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 401 499 DRAKE STREET, Vancouver BC V6B 1B1, Vancouver, BC is $55936 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2849033 is $40817 which is Above Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 72.8% which is High.

Unemployment rate in the area around Real Estate Listing # R2849033 is 5.9 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 401 499 DRAKE STREET, Vancouver BC V6B 1B1 The Grace where population change between 2011 and 2016 was 40.2%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 401 499 DRAKE STREET, Vancouver BC V6B 1B1, Vancouver, BC is 34624.2 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 401 499 DRAKE STREET, Vancouver BC V6B 1B1 is 2.2. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2849033 is 24.4% and it is Low. % of Married or living common law is around 39.1% and it is Low.

Average age of the population close to the 401 499 DRAKE STREET, Vancouver BC V6B 1B1 is 38.6 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 401 499 DRAKE STREET, Vancouver BC V6B 1B1, Vancouver, BC is $705201 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 401 499 DRAKE STREET, Vancouver BC V6B 1B1. $1746 owners spent in average for the dwelling. Tenants are paying $1369 in this district close to MLS® R2849033 and it is High comparing to other cities.

65.6% of Population in this district near the 401 499 DRAKE STREET, Vancouver BC V6B 1B1 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 401 499 DRAKE STREET, Vancouver BC V6B 1B1, Vancouver, BC is 12%, it is Above Average, % of English speakers only is 86% and Below Average. % of French speakers adjacent to 401 499 DRAKE STREET, Vancouver BC V6B 1B1 only is 0.2% and it is Below Average. % of Neither English nor French speakers close to home for sale 401 499 DRAKE STREET, Vancouver BC V6B 1B1, Vancouver, BC is 1.8% and it is Above Average comparing to other BC cities.

26% of all population in the area around this property with the address 401 499 DRAKE STREET, Vancouver BC V6B 1B1, Vancouver, BC using Public Transport which is High, 27.2% of using population are using Cars around MLS® R2849033, which is Low. 3.2% of people using Bicycles around the 401 499 DRAKE STREET, Vancouver BC V6B 1B1 and it is High. 41.7% 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 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.

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 $2,898,000
Vancouver $3,787,099
The Grace 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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