1608 1111 Richards St, Vancouver, BC, MLS® R2901477

$1,649,000
Est. Mortgage /mo

5.7% price reduce

$1,649,000
$1,749,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
2 Beds
2 Baths
1 Stories
$ 709.47 Maint. Fee
1028 sqft
2021 built
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Map
Street view
Schools
Crime
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1608 1111 Richards St, Vancouver, BC | MLS® R2901477 Property Details

5.7% price reduce

Welcome to 8X ON THE PARK, Yaletown’s most anticipated urban luxury residence standing tall at 35 stories above Emery Barnes Park. This SW-facing 2-BDRM unit features an open concept layout with the bedrooms thoughtfully separated. Meticulously crafted to meet the highest standards, the residence boasts refined Italian cabinetry, sophisticated appliances, rich wood flooring, and lavish marble accents throughout, creating a warm and stately environment suitable for the most discerning tastes. The grand entertaining room is equipped with ample seating and dining areas, seamlessly flowing onto the outdoor lounge and BBQ area with exclusive fireplaces overlooking English Bay. Club 8X's fitness centre is fully equipped. Dining, shopping, and the waterfront are at your doorsteps!

General Info

Price $1,649,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1028
Lot Size -
Lot Size Depth -
Lot Size Frontage -
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
Building Amenities Bike Room, Clubhouse, Exercise Centre, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Snow Removal, Geothermal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R2901477
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Gross Taxes $4,212.14
Ownership Type Freehold Strata
Maintenance Fee $709.47
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Snow Removal, Geothermal
Fixtures Included -

Heating & Cooling

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

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public 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 Allowed
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning CD-1
Rental Suites -
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View 1
View Description CITY AND WATER
Units In Development 191
Exterior Features Garden, Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Sutton Centre Realty

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
Elementary
Lord Strathcona Community Elementary School
1.03 km

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

Private Schools

Elementary
Anchor Point Montessori
0.55 km
Secondary
Pattison High School
0.46 km

Closest Transit

Translink
Northbound Seymour St @ Davie St
0.11 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.28 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 1608 1111 Richards Street, Vancouver, BC - MLS® R2901477

As we step into the vibrant Downtown VW community, I'm excited to share with you the fantastic amenities and features that make this property truly special. Let's start with the educational institutions that serve this neighborhood.

Excellent Schools for Your Family

Just down the road, you'll find Lord Strathcona Community Elementary School, a highly rated institution (no rating available) that's just 1.03 km from our MLS® R2901477 property. This school is a great option for families who value a high-quality education. Additionally, King George Secondary School is a short 1.73 km away, offering students a range of academic and extracurricular opportunities. Both schools have no ratings available, but their proximity and reputation make them excellent choices for families.

For parents seeking a more specialized educational experience, the closest Elementary independent school is Anchor Point Montessori, with a no rating available, located just 0.55 km from our property. Secondary independent school options are also available nearby, such as Pattison School, with a no rating available, located just 0.46 km from our MLS® R2901477 listing.

A Safe and Secure Community

When it comes to safety, our community has a crime rate of 7,470.82, which is Average compared to other Canadian cities, according to Statistics Canada's 2020 report. This means you can enjoy peace of mind knowing that our neighborhood is well-patrolled and secure. Additionally, the drug crime rate is Average, with a rating of 229.49, and the property crime rate is Above Average, with a rating of 5,020.27. The violent crime rate is Below Average, with a rating of 1,311.69.

A Thriving Community with Many Amenities

Our community is a hub of activity, with a wide range of lifestyle amenities to suit all interests. The closest Bus station is Northbound Seymour St @ Davie St, just 0.11 km away from our MLS® R2901477 listing. This convenient location makes it easy to get around the city without a car.

Demographics and Lifestyle

When it comes to demographics, our neighborhood is a vibrant and diverse community. According to the latest statistics, 52% of the population has a university certificate or degree, which is High compared to other BC neighborhoods. Additionally, 5.5% of the population has no certificate or degree, which is Low compared to the average in BC.

The median household income near our MLS® R2901477 property is $62,771, which is Below Average compared to the British Columbia average. However, the median personal income is $41,842, which is Above Average in comparison to the BC average. A high percentage of households (73.7%) have a mortgage, which is High compared to other neighborhoods.

Unemployment and Population Growth

Unemployment rates are low in our area, with a rate of 4.3%, which is Low compared to other province neighborhoods. Our community has experienced high population growth, with a 21.5% increase between 2011 and 2016, which is High compared to average growth rates in this region.

Real Estate Context

When it comes to real estate, our neighborhood is a desirable location with a high average dwelling value of $651,930, which is High compared to other areas in British Columbia. The average owner payments are High, with owners spending an average of $1,621 per month. Tenants are paying $1,478 per month, which is also High compared to other cities.

Transportation and Commuting

Our community is well-connected, with 22% of the population using public transportation, which is Above Average. A low percentage (28%) of the population uses cars, which is Low compared to other neighborhoods. A high percentage (45.8%) of the population walks, which is High compared to other areas.

Language and Transportation

When it comes to language, 86.8% of the population speaks English only, which is Below Average. However, 11.4% of the population speaks both English and French, which is Above Average. A low percentage (0.1%) of the population speaks French only, and a high percentage (1.6%) of the population speaks neither English nor French.

A Great Place to Call Home

In conclusion, 1608 1111 Richards Street, Vancouver, BC - MLS® R2901477 is a fantastic property in a thriving community with many amenities. With excellent schools, a safe and secure environment, and a diverse population, this property is an excellent choice for families, commuters, and anyone looking for a great place to call home.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 709.47
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,649,000
Vancouver $1,576,002
Downtown VW $1,765,416
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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