1903 1255 Seymour Street

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$1,067,000

1903 1255 Seymour Street

Vancouver · MLS® R3158954

all units at 1255 Seymour St →

222

1,040 sq ft · Condo · Single Family · built 2008 · 62 days on market

listed by Amir Soltani, Team 3000 Realty Ltd.

realtor's description

Live in the heart of downtown in this quality Cressey-built home. This bright, south-west facing 2 bed, 2 bath + den offers an open floor plan with downtown views from nearly every angle. Includes 2 parking stalls and a large storage locker. Building amenities include a gym, yoga studio, sauna, steam room, and party/meeting spaces. Just steps to Yaletown's shops and restaurants, the seawall, beaches, and parks.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 1,040 sq ft
parking: 2
year built: 2008
property tax: $2,788 / yr
strata fee: $840 / mo ($0.81 / sq ft)
strata rules: Pets Allowed With Restrictions
days on market: 62
MLS®: R3158954

features

Elevator
Wheelchair access
Pets Allowed With Restrictions
All

the market here

listed now: 46 days; median for 2095 condos for sale; this one 62 days

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

property tax by year

year	assessed	est. tax
2026	$1,011,000	$3,400
2025	$1,054,000	$3,284

Estimated tax up 3.5% from 2025 to 2026.

The listing shows $2,788 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.

monthly cost

$5,721/mo

Mortgage $4,649 · Tax $232 · Strata $840

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

estimated payment

$4,649/ monthly

loan $853,600

25-year amortization

down payment20% · $213,40020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 27, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $541,045
property transfer tax: $19,340; BC general rate
cash to close: $232,740; down + PTT
total paid: $1,394,645

first-time buyernewly builtforeign national

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: $3,680/mo
after all costs: −$2,371/mo
cap rate: 2.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,649 · tax $232 · strata $840 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Downtown, Vancouver: CMHC's average there ($3,258) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% 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