Condo
$999,000
303 1211 MELVILLE STREET
Vancouverlisted today
MLS® R3172664
1 / 28
2 bed · 2 bath · 910 sq ft · 1 parking
Condo · Single Family · built 2008 · 27 days on market
Listed by Yvonne Lu, Royal Pacific Realty Corp.
Realtor's description
Welcome to L'Hermitage, a heart of downtown exclusive boutique residence offering the pinnacle of luxury urban living. This bright, sun-drenched 910 sqft home boasts an airy open-concept design, central air conditioning, two spacious bedrooms, a flexible den, and two bathrooms. The immaculate interior features soaring high ceilings and a gourmet kitchen styled with a grant countertop, high-quality hardwood flooring, integrated Sub-Zero appliances. It also come with a parking. L'Hermitage elevates your daily lifestyle with signature services and amenities, including a 24-hour concierge, an outdoor heated pool, a fitness center, a rooftop park, and fine dining. Perfectly positioned for the urban enthusiast, this home is within walking distance to transportation, restaurants, and library.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 910 sq ft
- Parking
- 1
- Year built
- 2008
- Property tax
- $3,162 / yr
- Strata fee
- $896 / mo ($0.98 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 27
- MLS®
- R3164601
Features
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$5,077/mo
Mortgage $3,917 · Tax $264 · Strata $896
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
- −$2,114/mo
- Cap rate
- 2.4%
- yearly net rent ÷ price
Costs: mortgage $3,917 · tax $264 · strata $896 · 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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