Condo
$549,800
1104 1001 Richards Street
Vancouver61 days on market
listed by Macdonald Realty
MLS® R3158524
216 1549 Kitchener Street
$499,000
216 1549 Kitchener Street
Vancouver · MLS® R3160115
111
620 sq ft · Condo · Single Family · built 1977 · 55 days on market
listed by Marco Reichgeld, Royal LePage Sussex
realtor's description
OPEN SUNDAY October 25th, 12-2. Main floor, one bedroom apartment in the "Dharma". On the main floor but not garden level. This open plan was renovated a few years ago. Facing north with a balcony it is nice and quiet! The building recently had a major replacement of the waterproof membrane for the underground parking and a new roof. Just steps to all the great restaurants and shops on Commercial Drive. Public transportation and bike routes are nearby. You can get downtown in 10 minutes! Skytrain is close too! Super friendly and pet friendly building. Very easy to show and quick possession possible.
property details
- type
- Condo, Single Family
- bedrooms
- 1
- bathrooms
- 1
- living area
- 620 sq ft
- parking
- 1
- year built
- 1977
- property tax
- $1,694 / yr
- strata fee
- $415 / mo ($0.67 / sq ft)
- strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- days on market
- 55
- MLS®
- R3160115
features
- Central location
- Private setting
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
floor plans
found among the listing photos.
monthly cost
$2,730/mo
Mortgage $2,174 · Tax $141 · Strata $415
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
- $1,940/mo
- after all costs
- −$981/mo
- cap rate
- 2.9%
- yearly net rent ÷ price
Costs: mortgage $2,174 · tax $141 · strata $415 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in East Hastings, Vancouver: CMHC's average there ($1,692) 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: VCC–Clark SkyTrain station, 900 m (about 14 min walk); Commercial–Broadway SkyTrain station, 1.2 km (about 19 min walk).
schools
Catchment schools, Vancouver School Board
- Elementary Britannia Elementaryhomes in this catchment
300 m away · 1001 Cotton Dr, Vancouver · 604-713-8266
- Secondary Britannia Secondaryhomes in this catchment
300 m away · 1001 Cotton Dr, Vancouver · 604-713-8266
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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