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$799,000

507 22 E CORDOVA STREET

Vancouver BC V6A 4G8 - Downtown VE
1 bd
1 ba
1,022 sqft
Built 1997

About This Property

MOTIVATED SELLER! Great opportunity for investors. Tenanted until September 2026, generating $3k/mo. Furniture can be included at the buyer's option. Rarely Available 2 Level LOFT! Stunning 1 bed & 1 bath unit features over 1000sqft of living. Located in the heart of historic Gastown! This bright loft features floor-to-ceiling windows flooding the entire…

Features

Elevator
Garden
Balcony
Underground
Front Access
Garage Door Opener
Shopping Nearby
Room measurements4 rooms
Living RoomMain · 13'4 × 14'6
KitchenMain · 8'5 × 12'2
Dining RoomMain · 7' × 8'5
Primary BedroomAbove · 11'3 × 21'11

Property Details

MLS NumberR3113512
Property TypeApartment/Condo
Bedrooms1
Bathrooms1
Square Feet1,022
Year Built1997
Parking Spaces1
HeatingBaseboard, Electric
Strata Fee$639.48/mo
StatusPending
Listed ByColdwell Banker Prestige 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.

Monthly Cost Calculator

Estimated monthly cost $4,548
Mortgage payment$3,660
Strata fee$639
Property tax$200
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 Aug 28

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