416 2891 E Hastings St, Vancouver, BC | MLS^® R3055086 Property Details

ATTENTION INVESTORS ! Excellent investment opportunity in the Park Renfrew. Top floor, spacious 1 bed/1 bath with insuite laundry and balcony. This bright south facing well cared for unit is occupied by the original owner who wants to rent back long term. Well managed building with low Strata fees including a large storage locker and 1 secure underground parking. Centrally located in The East Village/Hastings Sunrise just a few minutes walk to parks, PNE, Hastings Community Centre, Library, Medical Centre, shops, cafés, bakeries and restaurants. With a main bus stop right outside the lobby and Highway 1 access just blocks away you are only 15 min. to Downtown Vancouver, BCIT, SFU and the North Shore. With tenant/owner already in place this is an excellent investment opportunity.

General Info

Price $508,000

Total Bedrooms 1

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 558

Lot Size -

Lot Size Depth -

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2005

Age Of Building 20

Building Type Apartment/Condo

Property Type Residential

Architecture Style Penthouse

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Amenities Bike Room, Caretaker, Maintenance Grounds, Hot Water, Management, Snow Removal, Water

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3055086

Area Vancouver East

Neighbourhood Hastings Sunrise

City Vancouver

Gross Taxes $1,418.79

Ownership Type Freehold Strata

Maintenance Fee $313.21

Community Features Shopping Nearby

Amenities Nearby Bike Room, Caretaker, Maintenance Grounds, Hot Water, Management, Snow Removal, Water

Heating & Cooling

Fireplace -

Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Under Building

Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed

Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions

Rental Restrictions -

Zoning C-2C1

Rental Suites -

Laundry In Unit

# of Kitchens 1

Foundation Concrete Perimeter

Interior Features Elevator, Storage

Locker 1

View Description City

Units In Development 59

Exterior Features 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	Foyer	7'7 x 7'7 ft
Main Level	Living Room	12'3 x 12'3 ft
Main Level	Kitchen	8'6 x 8'6 ft
Main Level	Dining Room	7'7 x 7'7 ft
Main Level	Bedroom	11'2 x 11'2 ft

Listed by: Royal LePage Sussex

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

Elementary

Hastings Community Elementary School

Average

0.48 km

6.1/10

Secondary

Templeton Secondary School

1.19 km

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

Private Schools

Elementary, Secondary

West Coast Christian School

0.4 km

Elementary, Secondary

West Coast Christian School

0.4 km

Closest Transit

Translink

Westbound E Hastings St @ Renfrew St

0.02 km

Skytrain

Skytrain @ Rupert Stn

2.35 km

Noise/ Power Lines

Road/Hwy Noise

Possible

Railway/Sky train Noise

Possible

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 416 2891 E Hastings Street, a vibrant neighborhood in Vancouver, BC!

As your trusted realtor, I'm excited to share with you the unique features and charm of this lovely community. Let's start with the schools.

Top-notch Education

The property at 416 2891 E Hastings Street is serviced by Hastings Community Elementary School, rated 6.1/10. This school is just a 0.48 km walk from your new home, making it an ideal choice for families. Templeton Secondary School, another excellent option, is a 1.19 km drive away, and West Coast Christian School, a private elementary and secondary school, is just 0.4 km from your doorstep.

A Safe and Welcoming Community

According to the latest crime statistics from Statistics Canada (2020), the neighborhood surrounding 416 2891 E Hastings Street has an average crime rate of 7,470.82, with a year-over-year decrease of -14.94%. This indicates a safe and welcoming community for you and your loved ones. The illegal substances offenses rating is average, with 229.49 incidents per 100,000 population. Property crimes are above average, but the overall trend is a decrease of -20.80% in 2020.

Vibrant Community Amenities

The neighborhood boasts a range of amenities, including public transportation. The Westbound E Hastings St @ Renfrew St bus station is just 0.02 km away from your new home. You'll also find plenty of parks, beaches, and trails nearby, perfect for outdoor enthusiasts. For shopping and dining, the area has a mix of local boutiques and restaurants, as well as larger shopping malls and grocery stores.

Demographics and Lifestyle

The neighborhood surrounding 416 2891 E Hastings Street has a diverse population, with 24.5% of residents holding a university certificate or degree, which is above average in BC. The median household income is $74,403, slightly above the provincial average. However, the median personal income is $29,152, slightly below the average. The unemployment rate is a low 5.2%, making this an attractive area for job seekers.

Community Characteristics

The population density in the area is 2,494.7 people per square kilometer, which is above average. The average family size is 2.9, and 64.5% of families have children, making this a family-friendly neighborhood. However, the percentage of married or living common-law couples is below average.

Real Estate Insights

The average value of dwellings in the neighborhood is $1,219,375, which is higher than the average in British Columbia. The average owner payments are above average, with $1,413 spent on average for dwellings. Tenants are paying $1,182 on average, also above average. The percentage of renters is 36.6%, which is above average in BC.

Getting Around

The neighborhood is well-connected, with 27.3% of residents using public transportation, 62.2% driving, 5.2% cycling, and 4% walking.

Experience the Best of Vancouver

416 2891 E Hastings Street, Vancouver, BC MLS^® R3055086 offers the perfect blend of community amenities, education options, and lifestyle advantages. Whether you're a family, a young professional, or a retiree, this neighborhood has something for everyone. Come and experience the best of Vancouver for yourself!