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$671,000

2009 501 PACIFIC STREET

Vancouver · MLS® R3172338

1 bed · 1 bath · 638 sq ft · 1 parking

Condo · Single Family · built 2000 · 2 days on market

Listed by Kip Smith, TRG The Residential Group Realty

The '501' Bldg in Yaletown, located at Pacific and Richards, is a very Pet/Dog Friendly bldg, just 1 block away from Wainborn Park(dog park) and the Seawall. This Spacious 20th-floor 1 bedroom + den/flex room unit offers 638 sqft. of bright, inviting living space, with a private balcony, and panoramic views over David Lam Park and False Creek. Resort-style amenities include concierge, indoor and outdoor pool, fitness facilities, hot tub, sauna and games room. An exceptional opportunity to own a view home in the heart of vibrant Yaletown! 1 parking, 1 locker and easy to show. Can be sold Fully-Furnished and rents for $2900-$3450/mo, last 6 yrs.

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 638 sq ft
Parking: 1
Year built: 2000
Property tax: $2,257 / yr
Strata fee: $583 / mo ($0.91 / sq ft)
Strata rules: Pets Allowed, Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 2
MLS®: R3172338

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

Typical for the area (+3.2%)

2026 assessment: $671,000 · asking is 0.0%
Price per sq ft: $1,052 vs $1,019 median for condos in Vancouver for sale (2065)

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.

Central location
Elevator
Pets Allowed
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

On market 2 days

Listed now: 41 days; median for 2065 condos for sale; this one 2 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Vancouver School Board

Elementary Elsie Roy Elementaryhomes in this catchment
400 m away · 150 Drake St, Vancouver · 604-713-5890
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.

$3,695/mo

Mortgage $2,923 · Tax $188 · Strata $583

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

estimated payment

$2,923/ monthly

loan $536,800

25-year amortization

down payment20% · $134,20020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $340,245
property transfer tax: $11,420; BC general rate
cash to close: $145,620; down + PTT
total paid: $877,045

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $2,112/mo
After all costs: −$1,787/mo
Cap rate: 2.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,923 · tax $188 · strata $583 · 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

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