13.2% price reduction

616 3438 Sawmill Cres, Vancouver, BC

$560,000 Est. Mortgage /mo

MLS® R2960692 · Mode

1 Beds
1 Baths
587 sqft
954 $ /sqft
340.24 $ Maint. fee
2022 built
$560,000
$645,000
Est. /mo with 20% down
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

Property Details & Specs

13.2% price reduction

MODE in River District. Prime location, close to shopping and public transportation. Bike storage, guest suites, gym, dog wash station, outdoor hot tub, multipurpose room, coworking space, rooftop terrace and a daytime concierge. Dining, groceries, Starbucks, Everything Wine and professional services nearby. Daycare, parks, playgrounds, sports fields, a school and a community centre. Riverwalk pathways, 5 min to Metrotown and not too far from downtown or YVR.

General Info

Price $560,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 587
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 2022
Age Of Building 4
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Exercise Centre, Concierge, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R2960692
Building Name Mode
Area Vancouver East
Neighbourhood South Marine
City Vancouver
Postal Code V5S 0E3
Price per Sqft $954
Gross Taxes $1,712.65
Ownership Type Freehold Strata
Maintenance Fee $340.24
Amenities Nearby Exercise Centre, Concierge, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Snow Removal

Heating & Cooling

Fireplace -
Heating Type Heat Pump
Cooling Central Air, Air Conditioning

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Side Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Restrictions -
Zoning MF
Rental Suites -
Laundry In Unit
# of Kitchens 0
Flooring Laminate
Foundation Block
Interior Features Elevator
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer
Roof Torch-On

Property Timeline

Status Date Price
R2960692 / Active 01-25-2025 $560,000
Rooms
Floor Type Dimensions
Main Level Living Room 11' x 11' ft
Main Level Bedroom 11'8 x 11'8 ft
Main Level Flex Room 6' x 6' ft
Main Level Laundry 11' x 11' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Listed by: Regent Park Fairchild Realty Inc.

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 & Transit Info

Public Schools

Elementary
Champlain Heights Community Elementary School
1.68 km
Secondary
Killarney Secondary School
2.32 km

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

Private Schools

Elementary
Qawsain Knowledge House
2.89 km
Secondary
Vancouver Formosa Academy
3.27 km

Closest Transit

Bus Stop
Eastbound Sawmill Cres @ River District Crossing
0.13 km
Skytrain
Skytrain @ Patterson Stn
3.00 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average
35.1%
No Certificate/Degree
Below Average
12.4%
Owner Occupied
Average
62.7%
Employment Rate
Above Average
66.4%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $143
Maintenance fee 0
Financing 80% of the $560,000 asking price over 30 years at 4% results in approximately $2,622/month in total estimated carrying costs, $143 property tax, $340 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $2,128/month in rental income, leaving a -$549/month cashflow at current carrying costs. Investors targeting break-even would need roughly 41% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $560,000
Vancouver Loading...
South Marine Loading...
33 comparable Apartment/Condos are currently active in South Marine, with a median asking price of $584,091. This property is listed 4.1% below the local average and 22.9% below the Vancouver average. This property is flagged as a Hot Deal (13.2% price reduction) based on its competitive pricing and market demand.
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

Property FAQs

What are the closest top-rated schools to 616 3438 Sawmill Crescent, Vancouver, BC?
The closest top-rated schools are Champlain Heights Community Elementary School and Killarney Secondary School.
Is 616 3438 Sawmill Crescent, Vancouver, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 616 3438 Sawmill Crescent, Vancouver, BC?
With a standard down payment, the estimated monthly mortgage is approximately $3,360.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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