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$1,188,000

1404 1205 HOWE STREET

Vancouver · MLS® R3159970

2 bed · 2 bath · 1,185 sq ft · 2 parking

Condo · Single Family · built 2010 · 39 days on market

Listed by Nicholas Narciso, Rennie & Associates Realty Ltd.

Realtor's description

Welcome to Alto! This bright, air-conditioned sub-penthouse offers an exceptional blend of style, privacy and spectacular city living. Soaring 10' ceilings and floor-to-ceiling windows showcase panoramic Vancouver skyline views from virtually every room. The thoughtfully designed 2 bedroom home features two outdoor spaces plus a solarium, beautiful tile work and a chef-inspired kitchen with polished stone countertops and custom cabinetry. The bathrooms feature luxurious finishes, including a Philippe Starck-designed Duravit freestanding bathtub. Both bedrooms are completely separated for ultimate privacy, while the generous dining area is perfect for entertaining. Ideally located where Yaletown meets the West End, you´re just steps from everything Vancouver has to offer!

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,185 sq ft
Parking: 2
Year built: 2010
Property tax: $3,936 / yr
Strata fee: $1,083 / mo ($0.91 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 39
MLS®: R3159970

Features

Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All
Refrigerator

Floor plans

Found among the listing photos.

Price check

Typical for the area (-1.8%)

2026 assessment: $1,170,000 · asking is +1.5%
Price per sq ft: $1,003 vs $1,021 median for condos in Vancouver for sale (2033)

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 39 days · no price changes so far

The market here

Listed now: 38 days; median for 2207 condos for sale; this one 39 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,170,000	$3,934

The listing shows $3,936 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

$6,587/mo

Mortgage $5,176 · Tax $328 · Strata $1,083

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

estimated payment

$5,176/ monthly

loan $950,400

25-year amortization

down payment20% · $237,60020%+ 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: $602,401
property transfer tax: $21,760; BC general rate
cash to close: $259,360; down + PTT
total paid: $1,552,801

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: $3,258/mo
After all costs: −$3,624/mo
Cap rate: 1.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $5,176 · tax $328 · strata $1,083 · 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

The building's lot: 1,672 m² (17,997 sq ft) · PID 028-098-391. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

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Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Roberts Elementaryhomes in this catchment
1.3 km away · 1100 Bidwell St, Vancouver · 604-713-5055
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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