204 128 W Cordova Street

Vancouver · MLS® R3178853

all units at 128 W Cordova St →

650 sq ft · Condo · Single Family · built 2009 · listed today

listed by William Jon, Heller Murch Realty

realtor's description

WOODWARDS! Here is your opportunity to own in a Vancouver Landmark property. This 2nd floor home offes a great open 1 bedroom - 1 bathroom floor plan with accessible features. Be proud to call this home, features include ,LVP flooring, polished concrete ceilings, new oven and microwave, open cocept kitchen, designer doors and tiles. Amenities are unsurpassed: Club W sits on the top floors overlooking Gastown, Vancouver's Harbour and the mountains. It features a fully equipped fitness center, office area, media room, indoor outdoor lounging and hot tub. Strata Fee's includes both internet and heat. Perfect for Investors or a Starter Home. Priced to Sell, act Now !

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 650 sq ft
parking: 0
year built: 2009
property tax: $1,727 / yr
strata fee: $613 / mo ($0.94 / sq ft)
strata rules: Pets Allowed With Restrictions
days on market: 0
MLS®: R3178853

features

Elevator
Wheelchair access
Trash compactor
Pets Allowed With Restrictions
All
Oven - Built-In

the market here

listed now: 46 days; median for 2087 condos for sale; this one listed today

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

monthly cost

$2,496/mo

Mortgage $1,738 · Tax $144 · Strata $613

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

estimated payment

$1,738/ monthly

loan $319,200

25-year amortization

down payment20% · $79,80020%+ 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: $202,321
property transfer tax: $5,980; BC general rate
cash to close: $85,780; down + PTT
total paid: $521,521

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: $2,430/mo
after all costs: −$295/mo
cap rate: 4.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,738 · tax $144 · strata $613 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 1-bedroom in Downtown, Vancouver: CMHC's average there ($2,112) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% 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

the building's lot: 10,039 m² (108,059 sq ft) · PID 027-991-253. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Rapid transit: Stadium–Chinatown SkyTrain station, 400 m (about 6 min walk); Waterfront SkyTrain station, 500 m (about 7 min walk).

schools

Catchment schools, Vancouver School Board

Elementary šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
Secondary Britannia Secondaryhomes in this catchment
2.7 km away · 1001 Cotton Dr, Vancouver · 604-713-8266

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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