Townhouse
$999,000
2818 WATSON STREET
Vancouverlisted today
MLS® R3174215
1 / 20
1 bed · 1 bath · 609 sq ft
Condo · Single Family · built 2019 · 268 days on market
Listed by Jamie Zhang, Nu Stream Realty Inc.
Realtor's description
Iconic The Arc by Concord Pacific offers luxury living in prime Yaletown. This bright, modern home features triple-glazed floor-to-ceiling windows with spectacular city, mountain, and water views. High-end finishes include Miele gas appliances, custom millwork, wide-plank flooring, air conditioning, and spa-inspired bathrooms. Enjoy world-class Sky Club amenities: glass-bottom pool, hot tub, sauna, steam, fitness centre, lounge, and outdoor terrace. 24/7 concierge, co-working space, BBQ area, and touchless car wash. Steps to the Seawall, marina, SkyTrain, dining, and entertainment-an unbeatable downtown lifestyle! A rare opportunity in one of Yaletown´s most sought-after residences.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 609 sq ft
- Parking
- 0
- Year built
- 2019
- Property tax
- $2,342 / yr
- Strata fee
- $448 / mo ($0.74 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 268
- MLS®
- R3079560
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
Monthly cost
$4,042/mo
Mortgage $3,398 · Tax $195 · Strata $448
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
- $2,112/mo
- After all costs
- −$2,134/mo
- Cap rate
- 1.9%
- yearly net rent ÷ price
Costs: mortgage $3,398 · tax $195 · strata $448 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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
VancouverGoogle Maps ↗
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.
Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.
