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$890,000

1403 1060 ALBERNI STREET

Vancouver · MLS® R3173580

2 bed · 2 bath · 963 sq ft · 1 parking

Condo · Single Family · built 1988 · listed today

Listed by Michael Lee, eXp Realty

PRIME DOWNTOWN. The Carlyle at 1060 Alberni-an exceptional opportunity for both end-users and investors. This north-facing 2-bedroom unit offers 1,037 sq.ft. of functional indoor living space, complemented by an enclosed balcony for year-round use. Quietly positioned away from the busy street, this residence provides a peaceful retreat in the heart of downtown with 5-STAR resort amenities. Currently utilized as an Airbnb, it presents strong income potential or a flexible living option. Just steps to shopping, dining, transit, and more-this is a rare blend of space, versatility, and location. Airbnb-Friendly Building with amazing cash-flow potential. Averaging approx. $12,000/m.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 963 sq ft
Parking: 1
Year built: 1988
Property tax: $2,738 / yr
Strata fee: $787 / mo ($0.82 / sq ft)
Strata rules: Pets Allowed
Days on market: 0
MLS®: R3173580

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

Below typical for the area (-9.3%)

2026 assessment: $991,000 · asking is -10%
Price per sq ft: $924 vs $1,019 median for condos in Vancouver for sale (2065)

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.

Elevator
Pets Allowed

Found among the listing photos.

On market 0 days

Listed now: 41 days; median for 2065 condos for sale; this one listed today

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 Maps can be out of date or miss a lot line; confirm with the municipality.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 cəw̓as Ch’elxwá7elch Skwuláw̓txw Seaside Elementaryhomes in this catchment
Secondary King George Secondaryhomes in this catchment
1.1 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.

$4,893/mo

Mortgage $3,878 · Tax $228 · Strata $787

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

estimated payment

$3,878/ monthly

loan $712,000

25-year amortization

down payment20% · $178,00020%+ 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: $451,293
property transfer tax: $15,800; BC general rate
cash to close: $193,800; down + PTT
total paid: $1,163,293

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: $2,874/mo
After all costs: −$2,284/mo
Cap rate: 2.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,878 · tax $228 · strata $787 · 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

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