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$849,000

149 E 1ST AVENUE

Vancouver · MLS® R3153628

1 bed · 2 bath · 838 sq ft · 1 parking

Townhouse · Single Family · built 2016 · 63 days on market

Listed by Matt Grenaghan, Macdonald Realty

Realtor's description

Your own front door, 10 & 12-foot ceilings, and a courtyard garden oasis. 2 levels and 838 square feet that live like an urban house. The main floor opens to a large private patio built for planting and entertaining. 5-burner gas range, full-size appliances, island seating and serious storage. Powder room on the main. Upstairs, a king bedroom with walk-in closet, electric blinds and a flex area for a home office or studio, all facing the greenery. 4-piece ensuite with heated tile floor. Air conditioning, newer flooring and paint, full size washer and dryer. Private entry with concierge, gym, lounge, theatre room and rooftop garden plots. Next to False Creek seawall and Olympic Village. EV-ready parking, over-sized storage locker, and bike room. Open House Sunday, Sep 13th 11:30-1:00.

Property details

Type: Townhouse, Single Family
Bedrooms: 1
Bathrooms: 2
Living area: 838 sq ft
Parking: 1
Year built: 2016
Property tax: $3,085 / yr
Strata fee: $609 / mo ($0.73 / sq ft)
Strata rules: Pets Allowed
Days on market: 63
MLS®: R3153628

Features

Central location
Pets Allowed
All

Floor plans

Found among the listing photos.

Price check

Typical for the area (-1.3%)

2026 assessment: $917,000 · asking is -7.4%
Price per sq ft: $1,013 vs $1,027 median for townhouses in Vancouver for sale (480)

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 63 days · no price changes so far

The market here

Listed now: 45 days; median for 498 townhouses for sale; this one 63 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$917,000	$3,084

The listing shows $3,085 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

$4,565/mo

Mortgage $3,699 · Tax $257 · Strata $609

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

estimated payment

$3,699/ monthly

loan $679,200

25-year amortization

down payment20% · $169,80020%+ 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: $430,503
property transfer tax: $14,980; BC general rate
cash to close: $184,780; down + PTT
total paid: $1,109,703

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: $1,704/mo
After all costs: −$3,172/mo
Cap rate: 0.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,699 · tax $257 · strata $609 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-bedroom in Mount Pleasant/Renfrew Heights, 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: 3,559 m² (38,309 sq ft) · PID 029-886-457. 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 Fraser Elementaryhomes in this catchment
1.6 km away · 100 15th Ave W, Vancouver · 604-713-4946
Secondary Eric Hamber Secondaryhomes in this catchment
3.8 km away · 960 W. 33rd Avenue, Vancouver · 604-713-8927

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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