1251 38 SMITHE STREET
Vancouver · MLS® R3168872
2 bed · 2 bath · 818 sq ft · 1 parking
Condo · Single Family · built 2016 · 14 days on market
Listed by Ross Woo, Oakwyn Realty Ltd.
Realtor's description
725 SQFT PRIVATE PATIO W/ CITY & OCEAN VIEWS!! Experience luxury living at One Pacific with one of the building´s most spectacular outdoor spaces. This beautifully appointed 2 bed, 2 bath home offers 1,500+ sqft of combined indoor and outdoor living, a truly rare downtown find. Why pay penthouse prices for space when you can have it here? Bright open concept layout with floor to ceiling windows, eng hardwood floors, contemporary kitchen with custom island, Miele appliances, gas cooktop, sleek cabinetry and ample storage. Primary bed with walk in closet and marble tile ensuite. Enjoy the feel and flexibility of a much larger home with central air conditioning, beautiful views, 1 secured parking stall and 3 storage lockers. Resort style amenities incl. 2 pools and spas, 24 HR concierge, sky gym and guest suite. Steps to dog park, seawall, SkyTrain, Costco, Rogers, BC Place & world class dining. A truly distinctive 2 bed home with an extraordinary amount of outdoor space. OPEN HOUSE OCT 3 2-4PM.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 818 sq ft
- Parking
- 1
- Year built
- 2016
- Property tax
- $3,421 / yr
- Strata fee
- $601 / mo ($0.74 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 14
- MLS®
- R3168872
Features
- Central location
- Cul-de-sac
- Elevator
- Pets Allowed
- All
Floor plans
Found among the listing photos.
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
- −$2,259/mo
- Cap rate
- 2.5%
- yearly net rent ÷ price
Costs: mortgage $4,335 · tax $285 · strata $601 · 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
2.3 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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