Condo
$499,000
24% less per sq ft204 310 WATER STREET
Vancouverlisted today
MLS® R3174109
1 / 8
1 bed · 1 bath · 525 sq ft · 1 parking
Condo · Single Family · built 2026 · 23 days on market
Listed by Scott Su, Royal Pacific Realty Corp.
Realtor's description
Welcome to this brand new home by FRAME in the heart of Vancouver's vibrant Collingwood neighborhood! This thoughtfully designed unit offers a functional layout with modern finishes, perfect for first-time buyers or investors. Comes with 1 EV-ready parking stall for added convenience. Enjoy an unbeatable location just steps to Joyce SkyTrain Station, parks, restaurants, and daily amenities, with easy access to downtown and Metrotown. Measurement taken from strata plan, please verify if deem important.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 525 sq ft
- Parking
- 1
- Year built
- 2026
- Strata fee
- $319 / mo ($0.61 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 23
- MLS®
- R3166430
Features
- Elevator
- Pets Allowed With Restrictions
Monthly cost
$3,099/mo
Mortgage $2,780 · Strata $319
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $1,704/mo
- After all costs
- −$1,566/mo
- Cap rate
- 2.3%
- yearly net rent ÷ price
Costs: mortgage $2,780 · strata $319 · 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 Norquay Elementaryhomes in this catchment
500 m away · 4710 Slocan St, Vancouver · 604-713-4666
- Secondary Windermere Secondaryhomes in this catchment
1.3 km away · 3155 27th Ave E, Vancouver · 604-713-8180
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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