505 5515 Boundary Rd, Vancouver, BC | MLS^® R3032439 Property Details

Welcome to Wall Centre Central Park North—an ideal home or investment in the heart of Vancouver! This 1-bedroom + flex (perfect for home office or extra storage), 1-bathroom unit features a balcony with mountain views. 1 Parking. Just steps to Central Park, Starbucks, and minutes from Joyce SkyTrain Station. Walk to Metrotown & Crystal Mall, Safeway, London Drugs, and a variety of Asian restaurants. Located in a vibrant area with a strong Filipino community—close to Max’s Restaurant, St. Mary’s Parish, and transit routes including 019, 027, and N19 on Kingsway. A fantastic opportunity for first-time buyers or investors!

General Info

Price $488,800

Total Bedrooms 1

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 449

Lot Size -

Lot Size Depth Feet

Lot Size Frontage -

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 2016

Age Of Building 9

Building Type Apartment/Condo

Property Type Residential

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Amenities Exercise Centre, Caretaker, Gas, Hot Water, Management, Snow Removal

Building Features BuildingFeatures

Structures Multi Family, Residential Attached

Additional Details

MLS^® # R3032439

Area Vancouver East

Neighbourhood Collingwood VE

City Vancouver

Gross Taxes $1,403.94

Ownership Type Freehold Strata

Maintenance Fee $310.57

Community Features Shopping Nearby

Amenities Nearby Exercise Centre, Caretaker, Gas, Hot Water, Management, Snow Removal

Heating & Cooling

Fireplace 0

Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Single

Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns

Pet Restrictions Yes With Restrictions

Rental Restrictions -

Zoning CD-1

Rental Suites None

Laundry In Unit

# of Kitchens 1

Flooring Laminate, Carpet

Foundation Concrete Perimeter

View Description MOUNTAINS

Units In Development -

Exterior Features Balcony

Sewer Public Sewer, Sanitary Sewer

Roof Other

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Kitchen	10'5 x 10'5 ft
Main Level	Living Room	9' x 9' ft
Main Level	Primary Bedroom	9'1 x 9'1 ft
Main Level	Flex Room	5' x 5' ft

Listed by: Royal Pacific Realty (Kingsway) Ltd.

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

Graham Bruce Community Elementary School

0.96 km

Secondary

Windermere Community Secondary School

1.82 km

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

Private Schools

Elementary

St.Mary's School

0.82 km

Secondary

Vancouver Formosa Academy

1.63 km

Closest Transit

Bus Stop

Westbound Vanness Ave @ Boundary Rd

0.1 km

Skytrain

Skytrain @ Joyce Stn

0.78 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 505 5515 Boundary Road, a beautiful home in the heart of Vancouver's Collingwood VE neighborhood, listed as MLS(R) R3032439. As your trusted realtor, I'm excited to share with you the wonderful features of this community.

Education

Just down the road, you'll find Graham Bruce Community Elementary School, a highly-rated institution that's just a stone's throw away from home. With a rating of No Rating, the school's commitment to providing a top-notch education is evident. In fact, this property is located just 0.96 km from the school, making it an ideal choice for families. Plus, Windermere Community Secondary School is also nearby, with a rating of No Rating and located 1.82 km from home.

But that's not all - if you're looking for a more unique educational experience, St. Mary's School is the closest Elementary independent school, with a rating of 9.4/10 and located just 0.82 km from home. And for secondary education, Vancouver Formosa Academy is the closest independent school, with a rating of No Rating and located 1.63 km from home.

Safety

According to the latest crime data from Statistics Canada (2020), this neighborhood is considered Average in terms of crime rate, with 52,217 incidents reported. While this may seem like a lot, it's essential to put it into perspective - the overall crime rate near 505 5515 Boundary Road, Vancouver, BC is 7,470.82, which is Average compared to other Canadian cities. Plus, the year-over-year change in crime rate is a positive -14.94%.

Breaking it down further, drug crime rates are Average, with a rating of 229.49 and 1,604 incidents reported in 2020. Property crimes are Above Average, with a rating of 5,020.27 and 35,089 incidents reported in 2020. And violent crime rates are Below Average, with a rating of 1,311.69 and 9,168 incidents reported in 2020.

Demographics

As you explore this vibrant neighborhood, you'll notice a diverse population with a high proportion of university-educated residents (39%). In fact, this is one of the highest percentages in all of BC! On the other hand, only 11.8% of the population has no certificate or degree - a low number compared to the average in BC.

The median household income in this area is $55,723, which is Below Average compared to the British Columbia average. However, the median personal income is $29,511, also Below Average. Interestingly, 68.5% of households in this neighborhood have a mortgage, which is Above Average.

Lifestyle

This neighborhood offers a unique blend of urban convenience and community spirit. You'll find a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops nearby.

In terms of transportation, the closest bus station is Westbound Vanness Ave @ Boundary Rd, just 0.1 km away. Plus, 44.2% of the population in this area are renters, which is Above Average compared to other BC cities.

Real Estate

As you explore the real estate market, you'll notice that the average value of dwellings in this neighborhood is $384,154, which is Average compared to other areas in British Columbia. The average owner payments are $1,145, which is Average. And tenants are paying $1,270, which is Above Average.

Collingwood VE

This neighborhood is a hidden gem in Vancouver's East Side. With a population change of -1.2% between 2011 and 2016, it's Below Average compared to the average growth rate of this region. The population density is 39,491.1 people per square kilometer, which is High.

Families make up 53.8% of households in this area, which is Below Average. And the average family size is 2.6, also Low compared to the whole region.

Conclusion

In conclusion, 505 5515 Boundary Road, Vancouver, BC MLS(R) R3032439 is a fantastic opportunity to own a home in a vibrant and diverse neighborhood. With its proximity to top-rated schools, safe and Average crime rates, and a range of lifestyle amenities, this property is sure to appeal to families and individuals alike. Contact me today to schedule a viewing and make this dream a reality!