Condo
$629,900
23% less per sq ft218 405 SKEENA STREET
Vancouverlisted today
MLS® R3174145
1 / 14
1 bath · 668 sq ft · 1 parking
Condo · Single Family · built 1998 · 50 days on market
Listed by Dmitri Dudchenko, Royal LePage Sussex
Realtor's description
This is a beautiful SE-facing loft at The Spot! Wall-to-wall, floor-to-ceiling windows flood this 1-bed, 1-bath residence with natural light all day long, creating a warm, airy feel over the city. Efficient layout & in-suite laundry. Currently tenanted a turnkey investment opportunity.Located at Seymour & Smithe in the Granville Entertainment District, steps to dining, shopping, SkyTrain, seawall & Yaletown. Walk Score 90s. Amenities: gym, yoga studio, library, rooftop garden, courtyard, amenity room, bike room, underground parking. Rentals & pets allowed (bylaws apply). Don't miss this bright, iconic downtown address!
Property details
- Type
- Condo, Single Family
- Bathrooms
- 1
- Living area
- 668 sq ft
- Parking
- 1
- Year built
- 1998
- Property tax
- $1,806 / yr
- Strata fee
- $538 / mo ($0.81 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 50
- MLS®
- R3157500
Features
- Elevator
- Pets Allowed
Monthly cost
$3,250/mo
Mortgage $2,562 · Tax $151 · Strata $538
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $1,839/mo
- After all costs
- −$1,594/mo
- Cap rate
- 2.0%
- yearly net rent ÷ price
Costs: mortgage $2,562 · tax $151 · strata $538 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a studio in Downtown, Vancouver (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Vancouver also charges an empty homes tax. vancouver.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
VancouverGoogle Maps ↗
Schools
Catchment schools, Vancouver School Board
- Elementary šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
- Secondary King George Secondaryhomes in this catchment
1.6 km away · 1755 Barclay St, Vancouver · 604-713-8999
From the Vancouver School Board's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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