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$1,249,000

201 550 PACIFIC STREET

Vancouver · MLS® R3106255

2 bed · 2 bath · 1,050 sq ft · 1 parking

Condo · Single Family · built 2005 · 189 days on market

Listed by Dave Haboosheh, RE/MAX City Realty

Enjoy daily walks along the seawall at your doorstep here in vibrant and beautiful Yaletown! This RARE corner unit has floor-to-ceiling glass windows, and it's THE ONLY HOME ON THIS LEVEL making it very quiet, private, and convenient. The tranquil S/E outlook faces the lush trees and manicured courtyard. Plenty of space in this 2-bedroom, 2-bath, with a formal office, a pantry, and an outdoor patio. The dining room can fit an 8+ person table, and the open-concept kitchen has granite counters, stainless appliances, and a gas stove. The 2nd level is so convenient, you can avoid the elevators and take the stairs down to the lobby for easy access, perfect for pet owners. Nice gym, pool & hot tub! Don't miss out on this rare opportunity in one of the best locations.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,050 sq ft
Parking: 1
Year built: 2005
Property tax: $3,286 / yr
Strata fee: $793 / mo ($0.75 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 189
MLS®: R3106255

Above typical for the area (+17%)

Price per sq ft: $1,190 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 With Restrictions
Rentals Allowed With Restrictions
All

On market 189 days

Listed now: 41 days; median for 2065 condos for sale; this one 189 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 Maps can be out of date or miss a lot line; confirm with the municipality.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
500 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.

$6,508/mo

Mortgage $5,442 · Tax $274 · Strata $793

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

estimated payment

$5,442/ monthly

loan $999,200

25-year amortization

down payment20% · $249,80020%+ 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: $633,332
property transfer tax: $22,980; BC general rate
cash to close: $272,780; down + PTT
total paid: $1,632,532

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: $3,258/mo
After all costs: −$3,546/mo
Cap rate: 1.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $5,442 · tax $274 · strata $793 · 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

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