Condo
$499,000
24% less per sq ft204 310 WATER STREET
Vancouverlisted today
MLS® R3174109
1 / 31
1 bed · 1 bath · 505 sq ft · 1 parking
Condo · Single Family · built 1994 · 1 day on market
Listed by Jeremy Sellmer, Oakwyn Realty Ltd.
Realtor's description
Bright 11th-floor 1 bedroom + solarium in the heart of downtown. Tastefully updated throughout, with new flooring, kitchen, bathroom, blinds, paint, and lighting, so it´s move-in ready. Enjoy peaceful city views above the street noise. Parking and a storage locker are included. The building offers a pool, hot tub, sauna, gym, and meeting room. Transit, the Seawall, shops, and restaurants are all a short walk away. A great fit for first-time buyers and investors alike.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 505 sq ft
- Parking
- 1
- Year built
- 1994
- Property tax
- $1,460 / yr
- Strata fee
- $382 / mo ($0.76 / sq ft)
- Strata rules
- Pets not Allowed, Rentals Allowed With Restrictions
- Days on market
- 1
- MLS®
- R3173871
Features
- Central location
- Elevator
- Pets not Allowed
- Rentals Allowed With Restrictions
- Refrigerator
- Intercom
Monthly cost
$2,503/mo
Mortgage $2,000 · Tax $122 · Strata $382
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
- $2,112/mo
- After all costs
- −$595/mo
- Cap rate
- 3.7%
- yearly net rent ÷ price
Costs: mortgage $2,000 · tax $122 · strata $382 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-bedroom 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
1.5 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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