House
$1,299,000
2408 SE Marine Drive
Vancouver11 days on market
listed by Oakwyn Realty Ltd.
MLS® R3175348
2501 1408 Strathmore Mews
221
1,069 sq ft · Condo · Single Family · built 2003 · 2 days on market
listed by Ben Nour, 88West Realty
realtor's description
Spectacular waterfront views of False Creek and David Lam Park from this 2-bedroom, 2-bathroom plus den residence at West One! Located on the 25th floor, this home offers an exceptional setting in the heart of Yaletown. Enjoy outstanding Club Viva amenities, including a 25-metre indoor pool, fitness centre, two squash courts, two cinema rooms and meeting rooms. Experience the best of waterfront living with the seawall, parks, restaurants and shops close at hand. A remarkable opportunity to call one of Yaletown´s most desirable waterfront communities home!
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 1,069 sq ft
- parking
- 1
- year built
- 2003
- property tax
- $4,716 / yr
- strata fee
- $703 / mo ($0.66 / sq ft)
- strata rules
- Pets Allowed
- days on market
- 2
- MLS®
- R3178156
features
- Pets Allowed
monthly cost
$7,326/mo
Mortgage $6,230 · Tax $393 · Strata $703
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
- $3,680/mo
- after all costs
- −$3,976/mo
- cap rate
- 1.9%
- yearly net rent ÷ price
Costs: mortgage $6,230 · tax $393 · strata $703 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Downtown, Vancouver: CMHC's average there ($3,258) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% 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
