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1704 488 Helmcken Street
homes for sale · Vancouver
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$1,798,800

1704 488 Helmcken Street

Vancouver · MLS® R3177670

all units at 488 Helmcken St →

332

1,535 sq ft · Condo · Single Family · built 1995 · 4 days on market

listed by Judy Sehling, RE/MAX Real Estate Services

realtor's description

Penthouse Living at Robinson Tower, where a beautifully renovated interior meets over 500 square ft of private outdoor living. This 1,535 sq ft, 2-level home features a stunning terrace with pergola & fireplace, creating an inviting setting for entertaining or unwinding above the city. The thoughtfully redesigned upper level offers an open kitchen, living & dining area, office & 2 full bathrooms, including the primary ensuite. Two bedrooms, a study/media area, full bathroom & laundry with storage occupy the lower level. Extensive top-to-bottom renovations include enhanced sound insulation & air conditioning/heat throughout. An impressive home on the edge of Yaletown, complete with 2 parking stalls & a storage locker. Pets & rentals allowed.

property details

type
Condo, Single Family
bedrooms
3
bathrooms
3
living area
1,535 sq ft
parking
2
year built
1995
property tax
$5,439 / yr
strata fee
$1,073 / mo ($0.70 / sq ft)
strata rules
Pets Allowed
days on market
4
MLS®
R3177670

buying in a building from 1982 to 2000: what to read first

features

  • Central location
  • Private setting
  • Elevator
  • Pets Allowed
  • Washer
  • Dishwasher

floor plans

found among the listing photos.

monthly cost

$9,363/mo
Mortgage $7,837 · Tax $453 · Strata $1,073

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

estimated payment
$7,837/ monthly
loan $1,439,040
25-year amortization
total interest
$912,120
property transfer tax
$33,976
BC general rate
cash to close
$393,736
down + PTT
total paid
$2,351,160
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.

if you rented it out

rent
$6,010/mo
after all costs
−$3,869/mo
cap rate
2.6%
yearly net rent ÷ price

Costs: mortgage $7,837 · tax $453 · strata $1,073 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Downtown, Vancouver: CMHC's average there ($5,081) raised by what new tenants pay against everyone in the Vancouver area, then down 3.5% 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, 200 m (about 4 min walk); Vancouver City Centre SkyTrain station, 600 m (about 10 min walk).

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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Judy Sehling
RE/MAX Real Estate Services
call Judy · 604-715-3900
4methe deep dive
Powered by: REALTOR.ca
▶ virtual tour

similar homes nearby

property tax by year

yearassessedest. tax
2026$1,617,000$5,437
2025$1,782,000$5,552

Estimated tax down 2.1% from 2025 to 2026.

The listing shows $5,439 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.

price check

2026 assessment
$1,617,000 · asking is +11%
price per sq ft
$1,172 vs $1,013 median for condos in Vancouver for sale (2094)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

location

the building's lot: 2,233 m² (24,036 sq ft) · PID 023-040-980. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Rapid transit: Yaletown–Roundhouse SkyTrain station, 200 m (about 4 min walk); Vancouver City Centre SkyTrain station, 600 m (about 10 min walk).

Drive times
  • Pattison High1 min
  • Cornerstone Community College1 min
  • Downtown Vancouver2 min
  • Elsie Roy Elementary2 min
  • St. Paul's Hospital3 min
  • YVR airport22 min
98

Walkability 98/100 · Very walkable: most errands on foot

Within a 10 minute walk: 10 grocery stores, 236 places to eat or drink, 66 cafes, 17 parks and playgrounds, 5 schools, 11 pharmacies, 54 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

property insights

On market 4 days · no price changes so far

On the market 4 days. No price changes recorded since Oct 22, 2026.

  1. Listed for sale
    Oct 22, 2026
    $1,798,800

Price changes tracked nightly by mihom since October 2026. Sales are registered sales from BC Assessment.

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the market here

listed now
46 days
median for 2094 condos for sale; this one 4 days

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