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1508 1255 Seymour Street
homes for sale · Vancouver
1508 1255 Seymour Street — photo 1 of 25
1 / 25
$629,000

1508 1255 Seymour Street

Vancouver · MLS® R3092642

111

508 sq ft · Condo · Single Family · built 2008 · 246 days on market

listed by Dawn Erbers, RE/MAX Crest Realty

realtor's description

Chic 1 Bedroom and Den at the ELAN by Cressey. Bright and spacious layout with no wasted space. Floor to ceiling windows showcasing lovely city/park views + peeks of Northshore Mountains & BC Place lights show! Laminate floors, quartz counters + stainless appliances. Large square balcony. Great flex room doubles up as home office + pantry. Meticulously kept luxury tower, with great resident caretaker, cardio/weights rooms, sauna/steam, party/games/meeting rooms. Parking stall, large locker + guest parking. 2 cats/dogs welcome (any size). A stone's throw to Yaletown, 5 mins walk to shops and great restaurants, Sea Wall, Canada Line to YVR.

property details

type
Condo, Single Family
bedrooms
1
bathrooms
1
living area
508 sq ft
parking
1
year built
2008
property tax
$1,667 / yr
strata fee
$346 / mo ($0.68 / sq ft)
strata rules
Pets Allowed
days on market
246
MLS®
R3092642

features

  • Central location
  • Elevator
  • Pets Allowed
  • All

floor plans

found among the listing photos.

monthly cost

$3,225/mo
Mortgage $2,740 · Tax $139 · Strata $346

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

estimated payment
$2,740/ monthly
loan $503,200
25-year amortization
total interest
$318,948
property transfer tax
$10,580
BC general rate
cash to close
$136,380
down + PTT
total paid
$822,148
transfer tax

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

listed by
Dawn Erbers
RE/MAX Crest Realty
call Dawn · 604-839-8504
Powered by: REALTOR.ca

similar homes nearby

all units at 1255 Seymour St →

property tax by year

yearassessedest. tax
2026$539,000$1,812
2025$581,000$1,810

Estimated tax up 0.1% from 2025 to 2026.

The listing shows $1,667 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.

if you rented it out

rent
$2,430/mo
after all costs
−$1,025/mo
cap rate
3.3%
yearly net rent ÷ price

Costs: mortgage $2,740 · tax $139 · strata $346 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 1-bedroom in Downtown, Vancouver: CMHC's average there ($2,112) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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

schools

Catchment schools, Vancouver School Board

  • Elementary Elsie Roy Elementaryhomes in this catchment

    500 m away · 150 Drake St, Vancouver · 604-713-5890

  • Secondary King George Secondaryhomes in this catchment

    1.7 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. (email only) and they follow you to every device.

location

VancouverGoogle Maps ↗

Rapid transit: Yaletown–Roundhouse SkyTrain station, 400 m (about 6 min walk); Vancouver City Centre SkyTrain station, 800 m (about 13 min walk).

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the market here

listed now
46 days
median for 2095 condos for sale; this one 246 days

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

location

the building's lot: 3,067 m² (33,013 sq ft) · PID 027-389-421. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Rapid transit: Yaletown–Roundhouse SkyTrain station, 400 m (about 6 min walk); Vancouver City Centre SkyTrain station, 800 m (about 13 min walk).

Drive times
  • Pattison High1 min
  • Cornerstone Community College1 min
  • Downtown Vancouver2 min
  • Elsie Roy Elementary2 min
  • St. Paul's Hospital3 min
  • YVR airport21 min
97

Walkability 97/100 · Very walkable: most errands on foot

Within a 10 minute walk: 8 grocery stores, 199 places to eat or drink, 45 cafes, 20 parks and playgrounds, 3 schools, 11 pharmacies, 46 transit stops.

mihom score from OpenStreetMap places, by straight line distance.