Condo
$520,000
408 989 RICHARDS STREET
Vancouver1 day on market
MLS® R3174031
1 / 29
$499,000
204 310 WATER STREET
Vancouver · MLS® R3174109
1 bed · 1 bath · 644 sq ft
Condo · Single Family · built 2003 · listed today
Listed by Christina Prevedoros, Rennie & Associates Realty Ltd.
Realtor's description
Welcome to Unit 204 at The Taylor Building - a 644 sqft NEW YORK STYLE LOFT with serious downtown energy. One of Gastown´s iconic heritage conversions by The Salient Group, this character-rich home pairs original architectural details with a distinctly modern edge: soaring 10'ft ceilings, exposed brick, reclaimed hardwood floors, wood beams, and oversized industrial windows. The open layout feels effortlessly urban, while a separated bedroom adds a rare dose of privacy. Set at Water & Cambie, you´re in the heart of Gastown, surrounded by restaurants, boutiques, bars, and coffee shops, with Waterfront Station just minutes away. Includes 1 HUGE storage locker, rooftop deck access, and pet-friendly living. Parking available for roughly $200/month nearby.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 644 sq ft
- Parking
- 0
- Year built
- 2003
- Property tax
- $1,669 / yr
- Strata fee
- $535 / mo ($0.83 / sq ft)
- Strata rules
- Adult Oriented, Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 0
- MLS®
- R3174109
Features
- Central location
- Elevator
- Adult Oriented
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
Monthly cost
$2,848/mo
Mortgage $2,174 · Tax $139 · Strata $535
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
- $2,112/mo
- After all costs
- −$940/mo
- Cap rate
- 3.0%
- yearly net rent ÷ price
Costs: mortgage $2,174 · tax $139 · strata $535 · 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
Location
VancouverGoogle Maps ↗
Schools
Catchment schools, Vancouver School Board
- Elementary šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
- Secondary King George Secondaryhomes in this catchment
2.1 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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