2102 938 Smithe Street

Vancouver · MLS® R3178600

all units at 938 Smithe St →

449 sq ft · Condo · Single Family · built 2005 · listed today

listed by Andy Hsu, 1NE Collective Realty Inc.

realtor's description

Welcome to Electric Avenue, a quality Bosa building in downtown Vancouver! This bright upper-floor 1-bedroom, 1-bathroom home offers city views, a covered balcony and an open layout. Features include a breakfast bar, wood-tone cabinetry, tile backsplash, large windows, glass bedroom doors, tile flooring and decorative ceiling details. Includes in-suite laundry and one storage locker on the same floor. Amenities include concierge, fitness centre, bike room, theatre, party/function room and roof gardens on the 11th and 19th floors. Steps to Robson and Granville streets, shopping, dining and transit, with Yaletown nearby. An ideal home or investment opportunity.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 449 sq ft
parking: 0
year built: 2005
property tax: $1,686 / yr
strata fee: $326 / mo ($0.73 / sq ft)
strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
days on market: 0
MLS®: R3178600

features

Central location
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

the market here

listed now: 46 days; median for 2092 condos for sale; this one listed today

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

monthly cost

$2,644/mo

Mortgage $2,178 · Tax $140 · Strata $326

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

estimated payment

$2,178/ monthly

loan $399,910

25-year amortization

down payment20% · $99,97820%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 26, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $253,479
property transfer tax: $7,998; BC general rate
cash to close: $107,976; down + PTT
total paid: $653,389

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: −$444/mo
cap rate: 4.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,178 · tax $140 · strata $326 · 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

VancouverGoogle Maps ↗

Rapid transit: Vancouver City Centre SkyTrain station, 400 m (about 6 min walk); Burrard SkyTrain station, 500 m (about 8 min walk).

schools

Catchment schools, Vancouver School Board

Elementary šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
Secondary King George Secondaryhomes in this catchment
1.3 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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