$750,000

506 55 E CORDOVA STREET

Vancouver BC V6A 0A5 - Downtown VE
1 bd
1.5 ba
1,011 sqft
Built 2006

About This Property

Koret Loft-an iconic historic building in the heart of Gastown, originally built in the early 1900's was once a hardware & building supplies warehouse. Almost 100 years later, it is now a collection of live-work loft spaces, with exposed brick & wood beams throughout keeping the original character of the building intact. Each unit is unique & reflect an…

Features

Elevator
No Outdoor Area
Underground
Shopping Nearby
Room measurements7 rooms
Living RoomMain · 23' × 11'5
Dining RoomMain · 11'2 × 13'1
KitchenMain · 7' × 11'7
BedroomMain · 12'3 × 12'11
Walk-In ClosetMain · 3'10 × 4'
DenMain · 7'7 × 10'5
LoftAbove · 32'1 × 14'2

Property Details

MLS NumberR3163485
Property TypeApartment/Condo
Bedrooms1
Bathrooms1.5
Square Feet1,011
Year Built2006
Parking Spaces1
HeatingBaseboard, Electric
Strata Fee$603.42/mo
Days on Market8
StatusActive
Listed ByDexter Realty

School Catchment

Elementary Crosstown
Secondary Britannia

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$690,000Median home value
$50,000Median household income
21.9%Owner-occupied
0%Single-detached homes
1.4Avg household size
40.8Median age
43.6%Bachelor's degree or higher (25-64)
71.5%Commute under 30 min
29.4%Drive to work
25.5%Foreign-born residents
5,200Neighbourhood population

Age

Under 15: 5.1%15 to 64: 82.9%65 and over: 12%
  • Under 155.1%
  • 15 to 6482.9%
  • 65 and over12%

Household size

  • 1 person69.2%
  • 224%
  • 33.9%
  • 41.9%
  • 5 or more1%

Language spoken at home

68.6% English mother tongue

  • Spanish3.6%
  • French3.2%
  • English + other2.4%
  • Mandarin1.8%
  • Cantonese1.7%
  • Portuguese1.6%
  • All others17.1%

Mother tongue, share of 4,880 residents.

How this pocket differs

  • more seniors 65+ than Downtown VW 12% vs 8.3%
  • fewer 4-person households than Downtown VW 1.9% vs 2.5%
  • more people living alone than Downtown VW 69% vs 56.1%
  • fewer Spanish speakers than Downtown VW 3.6% vs 4.9%
  • Median household income is notably lower than Metro Vancouver $50,000 vs $90,000
  • Median dwelling value is notably lower than Metro Vancouver $690,000 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 VE?

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Monthly Cost Calculator

Estimated monthly cost $4,428
Mortgage payment$3,541
Strata fee$603
Property tax$234
Home insurance$50
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 Sep 14

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