Condo
$1,068,800
205 1561 W 57TH AVENUE
Vancouver22 days on market
2 bd2 ba834 sq ft
MLS® R31656461 / 20
$832,000
206 588 BROUGHTON STREET
Vancouver · MLS® R3170108
1 bed · 1 bath · 726 sq ft · 1 parking
Condo · Single Family · built 1995 · 9 days on market
Listed by Jeff Qu, Orca Realty Inc.
Realtor's description
One block to WATERFRONT with spectacular water, mountain & city views! Well-maintained building designed by famous Arthur Erickson. Fully renovated apartment with Miele appliances. This open-concept corner suite features floor to ceiling windows, hardwood floors, stone countertops. Enjoy a private moment on balcony surrounded by views, including the gorgeous fountain in private courtyard. Building features fabulous indoor pool, gym, huge lounges with kitchen for your entertainment needs. 1 parking, 1 locker & bike locker, 24 hour security with tons of visitor parking. 1 block to Coal Harbour Community Centre and seawall, short walk to Urban Fare, Skytrain, Robson Street, Pacific Shopping Centre and a lot more!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 726 sq ft
- Parking
- 1
- Year built
- 1995
- Property tax
- $2,477 / yr
- Days on market
- 9
- MLS®
- R3170108
Features
- Elevator
- All
Monthly cost
$3,831/mo
Mortgage $3,625 · Tax $206
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
If you rented it out
- Rent
- $2,112/mo
- After all costs
- −$1,923/mo
- Cap rate
- 2.5%
- yearly net rent ÷ price
Costs: mortgage $3,625 · tax $206 · 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 cəw̓as Ch’elxwá7elch Skwuláw̓txw Seaside Elementaryhomes in this catchment
- Secondary King George Secondaryhomes in this catchment
700 m 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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