Condo
$999,000
303 1211 MELVILLE STREET
Vancouverlisted today
MLS® R3172664
1 / 14
2 bed · 2 bath · 890 sq ft · 1 parking
Condo · Single Family · built 2006 · 750 days on market
Listed by Alec Zhang, RE/MAX Heights Realty
Realtor's description
Location! Views!! Freesia is one of Downtown Vancouver's premier building featuring: The concierge service, fitness facility, rooftop garden & boardroom. This sub-penthouse SOUTH FACING corner unit with 2 bedrooms 2 bathrooms and a bright huge den (could be the 3rd bedroom) offers a full park & city view. Bright open floor plan, well separated two bedrooms with a spacious storage. This property offers great rental return. Don't miss this great property! Call and come to see!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 890 sq ft
- Parking
- 1
- Year built
- 2006
- Property tax
- $2,927 / yr
- Strata fee
- $599 / mo ($0.67 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 750
- MLS®
- R2927513
Features
- Central location
- Pets Allowed With Restrictions
- All
Monthly cost
$4,759/mo
Mortgage $3,917 · Tax $244 · Strata $599
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
- −$1,797/mo
- Cap rate
- 2.8%
- yearly net rent ÷ price
Costs: mortgage $3,917 · tax $244 · strata $599 · 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
1.7 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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