Open houseCondo
$869,000
402 1788 ONTARIO STREET
Vancouver4 days on market
MLS® R3172423
1 / 36
1 bed · 1 bath · 670 sq ft · 1 parking
Condo · Single Family · built 2008 · 80 days on market
Listed by Jacky Chong, RE/MAX Westcoast
Realtor's description
Experience luxury waterfront living at The Mariner by Concord Pacific, ideally situated along Vancouver's iconic Seawall. This hidden gem offers an unbeatable location on a quiet, family-friendly street in downtown Vancouver, just a short walk to Yaletown, Gastown, waterfront parks, shops, restaurants, and grocery stores. Home featuring an open-concept layout, air conditioning, renovated kitchen, built-in lighting, renovated bathroom, BONUS one extra huge Locker and one EV Parking. Residents have exclusive access to the renowned Esprit Club, guest suite, offering resort-style amenities including an indoor swimming pool, hot tub, sauna and steam rooms, fully equipped fitness center, 10-pin bowling alley, theater, party lounge, and even a shared kayak for waterfront adventures
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 670 sq ft
- Parking
- 1
- Year built
- 2008
- Property tax
- $2,498 / yr
- Strata fee
- $528 / mo ($0.79 / sq ft)
- Strata rules
- Rentals Allowed With Restrictions
- Days on market
- 80
- MLS®
- R3148315
Features
- Elevator
- Rentals Allowed With Restrictions
- All
Monthly cost
$3,895/mo
Mortgage $3,159 · Tax $208 · Strata $528
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
- $2,112/mo
- After all costs
- −$1,987/mo
- Cap rate
- 1.9%
- yearly net rent ÷ price
Costs: mortgage $3,159 · tax $208 · strata $528 · 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 šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
- Secondary Britannia Secondaryhomes in this catchment
2.9 km 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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