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$1,290,000

205 1600 HOWE STREET

Vancouver · MLS® R3151109

3 bed · 2 bath · 1,453 sq ft · 2 parking

Condo · Single Family · built 1986 · 71 days on market

Listed by Catherine Song, RE/MAX City Realty

Realtor's description

WATERFRONT LIVING on False Creek, this unique and rarely available 2-level, 3 BR, 1453 sq.ft suite is perched along the edge of the seawall with stunning water VIEWS!! Open planned main floor offering entertaining size living space, hardwood floors, 1 BR & renovated spa bath, wonderful balcony to enjoy all year round. 2 more generous size BR´s down with bath with shower, access out from both BR´s to the private 27' patio. The Admiralty is a well maintained, secure & exclusive waterfront building of only 44 homes, 24 hr concierge, 2 Parking, 2 Storage, rentals allowed (6 mos min), sorry no pets, prepaid Crown lease to 2084. Experience this resort style living, walk along the seawall or watch the activity of False Creek and across to Granville Island!!

Property details

Type: Condo, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,453 sq ft
Parking: 2
Year built: 1986
Property tax: $4,896 / yr
Strata fee: $991 / mo ($0.68 / sq ft)
Strata rules: Pets not Allowed
Days on market: 71
MLS®: R3151109

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

Features

Elevator
Pets not Allowed
All

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-13%)

2026 assessment: $1,447,000 · asking is -11%
Price per sq ft: $888 vs $1,021 median for condos in Vancouver for sale (2032)

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.

Property insights

On market 71 days · no price changes so far

The market here

Listed now: 38 days; median for 2204 condos for sale; this one 71 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,447,000	$4,866

The listing shows $4,896 a year in property tax.

Estimate: the BC Assessment value times Vancouver's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$7,019/mo

Mortgage $5,620 · Tax $408 · Strata $991

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

estimated payment

$5,620/ monthly

loan $1,032,000

25-year amortization

down payment20% · $258,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $654,122
property transfer tax: $23,800; BC general rate
cash to close: $281,800; down + PTT
total paid: $1,686,122

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.

If you rented it out

Rent: $5,081/mo
After all costs: −$2,380/mo
Cap rate: 3.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $5,620 · tax $408 · strata $991 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ 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

The building's lot: 1,593 m² (17,147 sq ft) · PID 004-663-527. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

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Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Elsie Roy Elementaryhomes in this catchment
800 m away · 150 Drake St, Vancouver · 604-713-5890
Secondary King George Secondaryhomes in this catchment
1.8 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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