1502 8188 Fraser St, Vancouver, BC | MLS^® R3054404 Property Details

"FRASER COMMONS" by Serracan. HIGH on 15th Floor this 2 BD, 2 BATH & BALCONY, "END" unit features sweeping Panoramic Views of Fraser River and MT. Baker. Air/Con., DELUXE Kitchen with Premium BOSCH Stainless Steel Appliance Package, Gas range-top, B/I Custom Panel bottom-Freezer Refrigerator, Integrated D/W, European Armony Cabinetry, MARBLE Inspired Backsplash and Quartz Countertops. EXCLUSIVE Amenity: Roof Top Terrace with Garden & BBQ, Modern Fitness facility, Concierge, Multi purpose room with kitchen, Business Room(s). 4700 SF. Daycare with large outdoor play area. Pet & Rental allowed. Street Front Shops. Walking distance to Transit and Shops. Tenanted - month to month.

General Info

Price $830,000

Total Bedrooms 2

Total Bathrooms 2

Half Bathrooms 0

Floor Area Total (sqft) 810

Lot Size -

Lot Size Depth Feet

Lot Size Frontage 0

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2021

Age Of Building 4

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave

Building Amenities Bike Room, Day Care, Exercise Centre, Concierge, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3054404

Area Vancouver East

Neighbourhood South Vancouver

City Vancouver

Gross Taxes $2,631.81

Ownership Type Freehold Strata

Maintenance Fee $584

Community Features Shopping Nearby

Amenities Nearby Bike Room, Day Care, Exercise Centre, Concierge, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal

Fixtures Included -

Heating & Cooling

Fireplace 0

Heating Type Forced Air

Cooling Central Air, Air Conditioning

Utilities

Utility Type Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Underground, Guest, Side Access

Total Parking Spaces 1

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Strata Restrictions Rentals Allwd w/Restrctns,Rentals Not Allowed

Pet Restrictions Cats OK, Dogs OK

Rental Restrictions -

Zoning CD-1

Rental Suites -

Laundry In Unit

# of Kitchens 1

Flooring Mixed

Foundation Concrete Perimeter

Interior Features Elevator, Storage

Locker 1

View Description FRASER RIVER & MOUNT BAKER

Units In Development 363

Exterior Features Garden, Balcony

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	13' x 13' ft
Main Level	Kitchen	13' x 13' ft
Main Level	Primary Bedroom	10'7 x 10'7 ft
Main Level	Bedroom	10' x 10' ft
Main Level	Walk-In Closet	5'3 x 5'3 ft

Listed by: Royal Pacific Realty Corp.

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

John Oliver Secondary School

2.39 km

Elementary

Walter Moberly Elementary School

Average

0.67 km

5.8/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary

St. Andrew's

1.81 km

Secondary

Royal Canadian College

2.09 km

Closest Transit

Translink

Southbound Fraser St @ SE Marine Dr

0.04 km

Skytrain

Skytrain @ Marine Drive Stn

1.92 km

Noise/ Power Lines

Road/Hwy Noise

Possible

Railway/Sky train Noise

Unlikely

Airport/Port Noise

Unlikely

Close to major Power Lines

Unlikely

Other

Agricultural Land Reserve (ALR)

Unlikely

Flood Area

Unlikely

Close to Cemeteries

Unlikely

Welcome to 1502 8188 Fraser Street, a beautiful property nestled in the heart of Vancouver, BC, with MLS^® R3054404.

As we explore this fantastic community, I'd like to start by highlighting the excellent education options available to families. Just down the road from 1502 8188 Fraser Street, Vancouver, BC, you'll find Walter Moberly Elementary School, rated 5.8/10, and located a convenient 0.67 km away. This school is a great choice for families, and its proximity to the property makes it an ideal option for those with children.

In addition to Walter Moberly, John Oliver Secondary School is also nearby, located 2.39 km from 1502 8188 Fraser Street, Vancouver, BC. This school has a rating of No Rating, but its proximity to the property makes it a great option for families with older children.

For families looking for a more independent education, St. Andrew's Elementary School is the closest option, located 1.81 km from 1502 8188 Fraser Street, Vancouver, BC. This school has a rating of No Rating, but its unique approach to education may be just what you're looking for.

Safety First

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighbourhood has an average crime rate of 7,470.82, which is comparable to other Canadian cities. While there were 52,217 incidents reported in the area, the overall crime rate is lower than average, giving you peace of mind when it comes to your family's safety. In fact, the year-over-year change in the total crime rate is -14.94%, indicating a decrease in crime over time.

Breaking down the crime statistics, we see that the drug crime rate is average, with a rating of 229.49, and 1,604 incidents reported in 2020. The year-over-year change in the illegal substances offences ranking is 1.58%, indicating a slight increase. However, property crimes are above average, with a rating of 5,020.27 and 35,089 incidents reported in 2020. The year-over-year change in the property misconduct rate is -20.80%, showing a decrease in property crime over time.

Lastly, the violent crime rate is below average, with a rating of 1,311.69 and 9,168 incidents reported in 2020. The year-over-year change in the violent crime rate is 3.53%, indicating a slight increase.

Lifestyle and Community

Now that we've covered the education and safety aspects, let's talk about the lifestyle and community surrounding 1502 8188 Fraser Street, Vancouver, BC. This property is located near the Southbound Fraser St @ SE Marine Dr bus station, just 0.04 km away. This makes it easy to get around the city without a car.

In terms of demographics, this neighbourhood is home to a diverse population. According to the latest data, 20.4% of people in this area have a university certificate or degree, which is average compared to other BC neighbourhoods. On the other hand, 23.7% of the population has no certificate or degree, which is above average.

The median household income in this area is $67,840, which is average compared to other BC neighbourhoods. However, the median personal income is $24,416, which is lower than the BC average. Interestingly, 64.3% of households in this area have a mortgage, which is above average.

Unemployment rates in this area are low, at 5.1%, which is lower than other province neighbourhoods. This suggests that the local economy is strong and diverse.

Community Amenities

This area is home to a mix of young professionals and families, with a high percentage of families with children (77.6%). The average family size in this area is 3.2, which is higher than the regional average. However, the percentage of married or living common law couples is lower than average, at 52.2%.

In terms of age, the average population in this area is 40.7 years old, which is average compared to other BC cities.

Real Estate and Housing

Now, let's talk about the real estate and housing market in this area. The average value of dwellings in this neighbourhood is $1,379,782, which is higher than other areas in British Columbia. This suggests that the area is popular and in high demand.

In terms of ownership, 51.5% of the population in this area are renters, which is higher than other BC cities. However, the average owner payments are high, at $1,871, which suggests that homeowners in this area are willing to pay a premium for their properties.