Condo
$999,000
303 1211 MELVILLE STREET
Vancouverlisted today
MLS® R3172664
1 / 33
2 bed · 2 bath · 1,062 sq ft · 1 parking
Condo · Single Family · built 2008 · 219 days on market
Listed by Wei (Will) Wang, Royal Pacific Lions Gate Realty Ltd.
Realtor's description
Welcome to L'Hermitage, a luxurious boutique building in the heart of Downtown Vancouver! This 2 bedroom & den corner unit offers spectacular SE views. Luxury chef kitchen with high-end Bosch S/S appliances, Subzero fridge, and large island with plenty of storage. Large living & dining area with floor to ceiling windows and AC. Spacious bedrooms and den. Lavish amenities include 24hrs concierge, gym, heated pool, steam, sauna and lounge. Walk to restaurants, grocery stores, shopping & more!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,062 sq ft
- Parking
- 1
- Year built
- 2008
- Property tax
- $3,461 / yr
- Strata fee
- $1,030 / mo ($0.97 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 219
- MLS®
- R3095765
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Monthly cost
$6,407/mo
Mortgage $5,089 · Tax $288 · Strata $1,030
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
- $3,258/mo
- After all costs
- −$3,445/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $5,089 · tax $288 · strata $1,030 · 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
VancouverGoogle Maps ↗
Schools
Catchment schools, Vancouver School Board
- Elementary šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
- Secondary King George Secondaryhomes in this catchment
1.8 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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