$618,000
13 5821 Wales Street
Vancouver1 day on market
listed by Royal LePage Westside
MLS® R3178517
1609 977 Mainland Street
111
505 sq ft · Condo · Single Family · built 2007 · listed today
listed by Charles Tsang, Royal Pacific Realty (Kingsway) Ltd.
realtor's description
Rarely available! Clean, Move-in condition 1 bdrm suite with panorama city view in Yaletown Park 3. Just steps to restaurants, banks, Skytrain. South facing unit offers panoramic views over the urban park, Yaletown & False Creek. The efficient layout makes the unit very spacious. Large windows, stone counter tops, tile in the kitchen, bathroom & entrance, den/office flex room and in suite laundry. Freshly painted, newer appliance.
property details
- type
- Condo, Single Family
- bedrooms
- 1
- bathrooms
- 1
- living area
- 505 sq ft
- parking
- 1
- year built
- 2007
- property tax
- $1,796 / yr
- strata fee
- $406 / mo ($0.80 / sq ft)
- strata rules
- Pets Allowed With Restrictions
- days on market
- 0
- MLS®
- R3178827
features
- Elevator
- Pets Allowed With Restrictions
- All
floor plans
found among the listing photos.
monthly cost
$3,161/mo
Mortgage $2,605 · Tax $150 · Strata $406
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
- $2,430/mo
- after all costs
- −$960/mo
- cap rate
- 3.3%
- yearly net rent ÷ price
Costs: mortgage $2,605 · tax $150 · strata $406 · 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
location
VancouverGoogle Maps ↗
Rapid transit: Yaletown–Roundhouse SkyTrain station, 400 m (about 6 min walk); Vancouver City Centre SkyTrain station, 500 m (about 8 min walk).
schools
Catchment schools, Vancouver School Board
- Elementary šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
- Secondary King George Secondaryhomes in this catchment
1.9 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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