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$455,000

603 501 PACIFIC STREET

Vancouver BC V6Z 2X6 - Downtown VW
1 ba
409 sqft
Built 1999

About This Property

Perfectly positioned for first-time buyers, investors, and professionals, this bright studio at The 501 delivers exceptional value in the heart of Yaletown. Located on the 6th floor with sunny southeast exposure, the home features peak-a-boo water and city views through floor-to-ceiling windows. The efficient layout includes a defined sleeping area, full…

Features

Elevator
Guest Suite
Storage
No Outdoor Area
Underground
Rear Access
Shopping Nearby
Room measurements3 rooms
DenMain · 5'10 × 7'11
KitchenMain · 5'7 × 10'1
Living RoomMain · 17'0 × 11'0

Property Details

MLS NumberR3088476
Property TypeApartment/Condo
Bathrooms1
Square Feet409
Year Built1999
Parking Spaces1
HeatingElectric, Natural Gas
Strata Fee$354.36/mo
StatusClosed
Listed ByRE/MAX Results Realty

School Catchment

Elementary Elsie Roy
Secondary King George

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$800,000Median home value
$69,000Median household income
32.3%Owner-occupied
0.1%Single-detached homes
1.5Avg household size
35.2Median age
60.9%Bachelor's degree or higher (25-64)
65.3%Commute under 30 min
37.6%Drive to work
38.8%Foreign-born residents
7,976Neighbourhood population

Age

Under 15: 4.8%15 to 64: 87.4%65 and over: 7.8%
  • Under 154.8%
  • 15 to 6487.4%
  • 65 and over7.8%

Household size

  • 1 person60.1%
  • 232.1%
  • 35.3%
  • 41.9%
  • 5 or more0.6%

Language spoken at home

52.1% English mother tongue

  • Mandarin5.9%
  • Spanish5.4%
  • English + other4.1%
  • Farsi4%
  • Cantonese2.8%
  • Russian2.8%
  • All others22.9%

Mother tongue, share of 7,955 residents.

How this pocket differs

  • notably fewer 5+ person households than Downtown VW 0.6% vs 0.9%
  • fewer 4-person households than Downtown VW 1.9% vs 2.5%
  • Median household income is lower than Metro Vancouver $69,000 vs $90,000
  • Median dwelling value is lower than Metro Vancouver $800,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Thinking of selling in Downtown VW?

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Monthly Cost Calculator

Estimated monthly cost $2,594
Mortgage payment$2,072
Strata fee$354
Property tax$123
Home insurance$45
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Aug 24

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