$729,000

^$20,000

602 1238 Burrard Street

Downtown VW, Vancouver, BC, V6Z 3E1

2 | 2 | 1 | 859 sq.ft. | Year Built: 2003 |

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Altadena - Court Ordered Sale 2 bedroom corner unit with 2 full bathroom plus flex room(enclosed balcony area/den). South-West, not facing Burrard street. Large living room with gas fireplace. 9 foot ceilings through out. Fantastic location just on the edge of the West End with all shopping and restaurants within a short walking distance. Local transit close by. Sold on a "As is Where is " basis only. 1 parking and 1 locker

Property Info

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MLS®: R3048846

Listing Courtesy of RE/MAX 2000 Realty

Total Bedrooms 2

Total Bathrooms 2

Floor Space 859 sq.ft.

Title Type Freehold Strata

Date Listed XXXX-XX-XX

Property Type Condo

Listed Price $729,000

Unit Pricing $849/sq.ft.

Strata Fee $541.87

Tax Estimate $2,504/Year

Year Built 2003

Rooms

Main Living Room 10'5 * 10'

Main Kitchen 10'9 * 7'

Main Dining Room 10' * 10'

Main Foyer 4'9 * 1'11

Main Primary Bedroom 10'9 * 8'10

Main Bedrooms 9'4 * 8'9

Main Laundry 9'7 * 4'6

Main Flex Room 7'9 * 7'

More Details

Storey 1

Floor Space Finished 859.00 sq.ft.

Rules Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Roof XXXXX

Zoning DD

Floor Finish XXXXXXXXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Parking Underground, Rear Access, Concrete

Parking Cover 1

Parking Total 1

Fuel Heating Baseboard, Electric, Natural Gas

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: Vancouver West
Street Name: Burrard
City: Vancouver
State Or Province: BC
Postal Code: V6Z 3E1
Property Type: Residential
Property Sub Type: Apartment/Condo

Taxes and HOA Information

Tax Year: 2025

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 2

Interior Features

Fireplaces Total: 1
Flooring: Laminate, Mixed, Tile
Basement: None
Interior Features: Elevator

Exterior Features

Exterior Features: No Outdoor Area
Roof: Other

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer, Storm Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 2003
Building Area Total: 859
Living Area: 859

Lot Information

Lot Features: Central Location, Lane Access, Marina Nearby, Recreation Nearby
Parcel Number: 025728318

Sold History

School Catchments

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City Introduction

Overview of Vancouver, BC, Canada

Population

Vancouver is the largest city in British Columbia, with a population of approximately 660,000 (2023). The Greater Vancouver area has over 2.6 million residents. Vancouver is one of Canada's most diverse cities, with significant Chinese, South Asian, and Filipino communities.

Economy

Key Industries: Technology, film production, tourism, port trade, and real estate.
Tech Hub: Known as the "Silicon Valley of the North," Vancouver is home to numerous tech companies and startups.
Film Industry: Vancouver is the third-largest film production center in North America, after Los Angeles and New York.
Port Trade: The Port of Vancouver is Canada's largest port, connecting Asian and North American markets.

Living Features

Natural Environment: Vancouver is renowned for its stunning natural scenery, including Stanley Park, English Bay, and the North Shore Mountains.
Climate: Mild winters and cool summers make it ideal for outdoor activities.
Education: Home to prestigious universities like the University of British Columbia (UBC) and Simon Fraser University (SFU).
Multiculturalism: A vibrant multicultural community with diverse dining and cultural events.

Real Estate Investment

Prices: Vancouver is one of Canada's most expensive cities, with detached homes averaging $2 million CAD and condos around $800,000 CAD (2023).

Opportunities:

Strong demand from immigrants and students ensures a robust rental market.
Limited land supply and population growth support long-term price appreciation.

Risks:

High prices and foreign buyer taxes (20%) may increase investment costs.
Vacancy taxes and property taxes are relatively high, requiring careful financial planning.

Verdict

Vancouver is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Kitsilano and West End, while Downtown and Broadway corridor condos are attractive for investors.

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