Condo
$510,000
17% less per sq ft308 630 E BROADWAY
Vancouver23 days on market
1 bd1 ba604 sq ft
MLS® R31649121 / 13
$430,000
1703 63 KEEFER PLACE
Vancouver · MLS® R3151481
1 bed · 1 bath · 443 sq ft · 1 parking
Condo · Single Family · built 1999 · 69 days on market
Listed by Michelle Raymond, RE/MAX Select Realty
Realtor's description
Immediate Income. Long-Term Value! With $2,500/month in rental income and approximately $2,590/month in carrying costs (20% down, 30-year amortization, $388.25/mo strata + $1,340.87/yr taxes), this residence offers a near cash flow investment profile. Set on the 17th floor, this TURN KEY READY renovated bachelor suite captures expansive WATER and CITY views! interior and Exterior sqftg total 516sqft Featuring an 83sqft undercover full-length balcony spanning the length of the home with exceptional views! The space is bright, modern, and thoughtfully designed with with stainless steel appliances, new vinyl flooring and A/C for year-round comfort. Tenant in place for immediate continuity of income. Bldg Amenities include pool, hot tub, sauna and fitness facilities. Ideally located steps to excellent restaurant T&T Market, Skytrain and SEAWALL! RARE to have parking, extra-large storage, water views and A/C all on a high floor at this price point! An excellent investment! Photos virtually staged
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 443 sq ft
- Parking
- 1
- Year built
- 1999
- Property tax
- $1,341 / yr
- Strata fee
- $388 / mo ($0.88 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 69
- MLS®
- R3151481
Features
- Central location
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
- Refrigerator
Monthly cost
$2,373/mo
Mortgage $1,873 · Tax $112 · Strata $388
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
- −$465/mo
- Cap rate
- 3.9%
- yearly net rent ÷ price
Costs: mortgage $1,873 · tax $112 · strata $388 · 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 Britannia Secondaryhomes in this catchment
2.5 km away · 1001 Cotton Dr, Vancouver · 604-713-8266
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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