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$649,900

1006 983 E HASTINGS STREET

Vancouver · MLS® R3156468

2 bed · 2 bath · 716 sq ft · 1 parking

Condo · Single Family · built 2018 · 51 days on market

Listed by Dimitrios Paleogiannis, Oakwyn Realty Ltd.

WELCOME HOME! Imagine living in a spacious condo with city views from every room and every window, and a balcony big enough to actually enjoy them. Inside is a smart, efficient layout where nothing is wasted: an open kitchen with stainless steel appliances, two proper-sized bedrooms, two full baths, and in-suite laundry. The CONCRETE building takes care of the rest, with a fitness centre, meeting rooms, and a rooftop garden terrace that makes a welcome retreat from the daily city grind. Then there´s the location - Commercial Drive, Gastown, Chinatown, East Village, and Downtown are all minutes away - close enough to walk to restaurants and parks. Pet-friendly, AirBNB friendly. One parking stall, and one storage locker. OPEN HOUSE: SAT (OCT 10) 11AM-1PM

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 716 sq ft
Parking: 1
Year built: 2018
Property tax: $2,324 / yr
Strata fee: $500 / mo ($0.70 / sq ft)
Strata rules: Pets Allowed
Days on market: 51
MLS®: R3156468

Below typical for the area (-11%)

Price per sq ft: $908 vs $1,020 median for condos in Vancouver for sale (2066)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
Private setting
Elevator
Pets Allowed
All

On market 51 days

Listed now: 41 days; median for 2066 condos for sale; this one 51 days

Condos in Vancouver. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Vancouver School Board

Elementary Seymour Elementaryhomes in this catchment
Secondary Britannia Secondaryhomes in this catchment

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.

$3,526/mo

Mortgage $2,832 · Tax $194 · Strata $500

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$2,832/ monthly

loan $519,920

25-year amortization

down payment20% · $129,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $329,546
property transfer tax: $10,998; BC general rate
cash to close: $140,978; down + PTT
total paid: $849,466

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $2,323/mo
After all costs: −$1,423/mo
Cap rate: 2.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,832 · tax $194 · strata $500 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in East Hastings, 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

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