1 / 40

$866,000

1203 1288 ALBERNI STREET

Vancouver · MLS® R3160828

All units at 1288 Alberni St →

2 bed · 2 bath · 905 sq ft · 1 parking

Condo · Single Family · built 1997 · 37 days on market

Listed by Nina Chou, RE/MAX Crest Realty

Realtor's description

PACIFC PALISADES! Tastefully 2 bedroom, 2 bathroom unit - plus den in the city's most premier location. This Bright and spacious 905sqft unit offers floor to ceiling windows that capture the stunning English Bay and city skyline. This unit offers a beautiful kitchen with quarts counter tops and stainless steel appliances and a spacious layout. Ideally located one block to Robson street, urban fare, business district and just minutes to Stanley Park. One parking, one storage locker, 24 hr concierge, gym & meeting rooms updated 2-bed + Den condo in a premier location at the exclusive Palisades was designed by renowned architect James K.M Cheng.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 905 sq ft
Parking: 1
Year built: 1997
Property tax: $2,914 / yr
Strata fee: $723 / mo ($0.80 / sq ft)
Strata rules: Adult Oriented, Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 37
MLS®: R3160828

Buying in a building from 1982 to 2000: what to read first

Features

Central location
Elevator
Adult Oriented
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

Typical for the area (-6.3%)

2026 assessment: $866,000 · asking is 0.0%
Price per sq ft: $957 vs $1,021 median for condos in Vancouver for sale (2037)

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.

Property insights

On market 37 days · no price changes so far

The market here

Listed now: 38 days; median for 2212 condos for sale; this one 37 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$866,000	$2,912

The listing shows $2,914 a year in property tax.

Estimate: the BC Assessment value times Vancouver's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$4,739/mo

Mortgage $3,773 · Tax $243 · Strata $723

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

estimated payment

$3,773/ monthly

loan $692,800

25-year amortization

down payment20% · $173,20020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $439,124
property transfer tax: $15,320; BC general rate
cash to close: $188,520; down + PTT
total paid: $1,131,924

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.

If you rented it out

Rent: $2,874/mo
After all costs: −$2,130/mo
Cap rate: 2.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,773 · tax $243 · strata $723 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in West End, 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

The building's lot: 5,509 m² (59,298 sq ft) · PID 023-485-795. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary cəw̓as Ch’elxwá7elch Skwuláw̓txw Seaside Elementaryhomes in this catchment
Secondary King George Secondaryhomes in this catchment
700 m 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.

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.