Open houseCondo
$399,900
23% less per sq ft905 1188 Howe Street
Vancouver26 days on market
MLS® R3164815
1 / 19
1 bed · 1 bath · 522 sq ft · 1 parking
Condo · Single Family · built 1969 · 25 days on market
Listed by Yousuf Ali, Team 3000 Realty Ltd.
Realtor's description
**OPEN HOUSE SATURDAY OCT 10th - 2-4pm** First timers, downsizers, and investors alert! Amazing 1 bedroom unit in the highly sought after Picasso building. Centrally located family oriented location with limited traffic flow. This open concept unit features S/S appliances, hardwood flooring and much more. Spacious balcony facing quiet side of building. 5 min walk to new Broadway skytrain line and 8 min walk to VCC college. Comes with 1 parking and 1 storage locker. Well managed building that has been updated throughout the years with plumbing, boiler, balcony deck covers, sliding glass doors/windows and more. Professionally managed with on-site building manager and cleaner. Rentals allowed!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 522 sq ft
- Parking
- 1
- Year built
- 1969
- Property tax
- $1,249 / yr
- Strata fee
- $441 / mo ($0.84 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 25
- MLS®
- R3166106
Features
- Private setting
- Pets Allowed
- Refrigerator
- Stove
Monthly cost
$2,287/mo
Mortgage $1,742 · Tax $104 · Strata $441
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
- $1,704/mo
- After all costs
- −$754/mo
- Cap rate
- 3.0%
- yearly net rent ÷ price
Costs: mortgage $1,742 · tax $104 · strata $441 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-bedroom in Mount Pleasant/Renfrew Heights, 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 Mount Pleasant Elementaryhomes in this catchment
400 m away · 2300 Guelph St, Vancouver · 604-713-4617
- Secondary Vancouver Technical Secondaryhomes in this catchment
2.8 km away · 2600 Broadway E, Vancouver · 604-713-8215
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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