1201 1050 BURRARD STREET
Vancouver · MLS® R3153257
2 bed · 2 bath · 1,162 sq ft · 1 parking
Condo · Single Family · built 1994 · 62 days on market
Listed by Pawan Kang, RE/MAX Performance Realty
Realtor's description
The Residences at Wall Center - A breathtaking Custom Designed unit. This 2 Bedroom + DEN is one of the largest floor plans in the building! Featuring Air Conditioning, new floors, new appliances, designer cabinets + lighting, Spa-inspired bathrooms, large balcony, in-suite laundry, and so much more. Includes 1 secure parking + 1 storage locker. Immerse yourself in the vibrant heart of the city, centrally located near all amenities, transit, Robson Street shops, Granville entertainment, world class restaurants, Art Gallery, English Bay, Stanley Park, the seawall, parks and beaches. **STRATA ALLOWS Air BnB, Unit includes Fully Furnished, turn key rental possibility.**
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,162 sq ft
- Parking
- 1
- Year built
- 1994
- Property tax
- $3,684 / yr
- Strata fee
- $757 / mo ($0.65 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 62
- MLS®
- R3153257
Features
- Central location
- Wheelchair access
- Pets Allowed With Restrictions
- All
Monthly cost
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
- $3,258/mo
- After all costs
- −$3,539/mo
- Cap rate
- 1.8%
- yearly net rent ÷ price
Costs: mortgage $5,437 · tax $307 · strata $757 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-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
Schools
Catchment schools, Vancouver School Board
- Elementary šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
- Secondary King George Secondaryhomes in this catchment
1.3 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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