508 950 Drake Street, Vancouver

508 950 Drake Street, Vancouver, BC V6Z2B9 Photo 1

22 Photos

508 950 Drake Street, Vancouver, BC V6Z2B9 Photo 2
508 950 Drake Street, Vancouver, BC V6Z2B9 Photo 3
508 950 Drake Street, Vancouver, BC V6Z2B9 Photo 4
508 950 Drake Street, Vancouver, BC V6Z2B9 Photo 5
508 950 Drake Street, Vancouver, BC V6Z2B9 Photo 6
508 950 Drake Street, Vancouver, BC V6Z2B9 Photo 7
  • Bathrooms: 1
  • Living area: 478 square feet
  • MLS®: r2875226
  • Type: Apartment
  • Added: 10 days ago

Property Details

Excellent property for the First Time Buyer or Investor. This fabulous, spacious studio in Downtown Vancouver has plenty of natural light, a smart layout and an open kitchen. This home comes with a large storage locker and the parking can be rented for $40 a month. Take advantage of the shared rooftop patio, with plenty of greenery, lounging area, and a clubhouse that can be enjoyed by residents. Large shared laundry room with new machines. Location is a key and you will be minutes away from the Seawall, Sunset beach, Yaletown, Skytrain and all the luxuries of the Downtown living. Heat/hot water included in the maintenance fee. Well maintained strata with proactive onsite management team. This complex has a potential for the re-development. Open house May 4th & May 5th, 1-3pm. (id:1945)

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Property Information

  • View: View
  • Heating: Baseboard heaters
  • List AOR: Greater Vancouver
  • Tax Year: 2023
  • Year Built: 1982
  • Appliances: Refrigerator, Dishwasher, Stove
  • Living Area: 478
  • Lot Features: Central location, Elevator
  • Photos Count: 22
  • Lot Size Units: square feet
  • Parcel Number: 006-295-878
  • Structure Type: Apartment
  • Association Fee: 425.96
  • Common Interest: Condo/Strata
  • Parking Features: Underground
  • Tax Annual Amount: 1321.12
  • Building Features: Shared Laundry
  • Security Features: Smoke Detectors, Sprinkler System-Fire
  • Community Features: Pets not Allowed
  • Lot Size Dimensions: 0
  • Architectural Style: 5 Level
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Nearby Places

Name Type Address Distance
St. Paul's Hospital (Vancouver) Paul's Hospital is an acute care hospital located ... 0.3 km
Howard Johnson Hotel Vancouver Downtown Restaurant 1176 Granville St 0.3 km
One Wall Centre The tower was designed by Perkins+Will Canada, and... 0.4 km
Vancouver International Film Centre Located at 1181 Seymour Street, the theatre can ac... 0.4 km
Sheraton Vancouver Wall Centre Lodging 1088 Burrard St 0.4 km
Burrard Bridge Marine Bar & Grill Bar 1012 Beach Ave #1 0.5 km
Electra Building The Electra Building is a major structure in Vanco... 0.5 km
Burrard Bridge The high, five part bridge on four piers spans Fal... 0.5 km
Little Sister's Book and Art Emporium The bookstore was opened in 1983 by Jim Deva and B... 0.6 km
Law Courts (Vancouver) It was designed by renowned Canadian architect Art... 0.6 km
Granville Entertainment District The entertainment district centred on a seven-bloc... 0.6 km
Granville Street Bridge It spans False Creek and is 27.4 metres above Gran... 0.6 km
Similar Condos Stat in Vancouver
We have found 6 Condos that closely match the specifications of the property located at 508 950 Drake Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 599,000 and 669,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Condos in the V6Z2B9 postal code area of Vancouver British Columbia Canada.
508 950 Drake Street mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 508 950 Drake Street. The current price of the property is $485,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $388,000. This would result in a monthly mortgage payment of $2,268 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 70
Bachelor's degree 235
University / Above bachelor level 10
University / Below bachelor level 30
Certificate of Qualification 20
College 115
Degree in medicine 10
University degree at bachelor level or above 335

Neighbourhood Marital Status Stat

Married 245
Widowed 15
Divorced 90
Separated 35
Never married 600
Living common law 180
Married or living common law 430
Not married and not living common law 740

Neighbourhood Construction Date

1961 to 1980 45
1981 to 1990 80
1991 to 2000 35
2001 to 2005 75
2006 to 2010 160
Comparison of 508 950 Drake Street, Vancouver, BC with Nearby Condos
Nearby Cities Listings Avg. price
North Vancouver Real Estate 490 $1.760.370
Qualicum Beach Real Estate 171 $960.585
West Vancouver Real Estate 343 $4.503.502
New Westminster Real Estate 288 $1.461.265
Port Moody Real Estate 110 $1.709.941
Coquitlam Real Estate 526 $1.691.313
Delta Real Estate 264 $1.746.304
Bowen Island Real Estate 64 $1.728.438
Popular Cities Listings Avg. price
Burnaby Real Estate 827 $1.409.266
Surrey Real Estate 2587 $1.602.740
Langley Real Estate 1050 $1.816.167
Nanaimo Real Estate 710 $895.125
Abbotsford Real Estate 724 $1.386.037
Richmond Real Estate 767 $1.620.429
Maple Ridge Real Estate 672 $1.453.869
Chilliwack Real Estate 561 $1.068.264
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