2701 1277 Melville Street

Vancouver · MLS® R3178979

222

1,437 sq ft · Condo · Single Family · built 2008 · listed today

listed by Cameron Fazli, Sutton Group-West Coast Realty

realtor's description

SPECTACULAR panoramic ocean, mountain and city views from this rarely available high-floor 01 residence at the boutique FLATIRON in prestigious Coal Harbour. With only 2 residences per floor, enjoy exceptional privacy and a remarkable three-direction exposure. Over-height ceilings and floor-to-ceiling windows showcase breathtaking views from every room and incredible natural light. Owner-occupied by the same owner since completion. Beautifully upgraded with European Ash hardwood by Hakwood and Italian Statuario white marble tile. Arguably the BEST VIEW IN VANCOUVER at this price. Includes 2 parking stalls with EV charging and 1 storage locker. Steps to the seawall, Stanley Park and world-class dining. Stop by and fall in love with the view!

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 1,437 sq ft
parking: 2
year built: 2008
property tax: $6,092 / yr
strata fee: $1,305 / mo ($0.91 / sq ft)
strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
days on market: 0
MLS®: R3178979

features

Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All
Oven - Built-In

the market here

listed now: 46 days; median for 2088 condos for sale; this one listed today

Condos in Vancouver. Sale prices register 1 to 3 months after a sale closes.

monthly cost

$10,087/mo

Mortgage $8,274 · Tax $508 · Strata $1,305

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$8,274/ monthly

loan $1,519,200

25-year amortization

down payment20% · $379,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 27, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $962,928
property transfer tax: $35,980; BC general rate
cash to close: $415,780; down + PTT
total paid: $2,482,128

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent: $3,680/mo
after all costs: −$6,736/mo
cap rate: 1.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $8,274 · tax $508 · strata $1,305 · 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

location

the building's lot: 1,078 m² (11,603 sq ft) · PID 027-707-431. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Rapid transit: Burrard SkyTrain station, 500 m (about 8 min walk); Vancouver City Centre SkyTrain station, 900 m (about 14 min walk).

schools

Catchment schools, Vancouver School Board

Elementary cəw̓as Ch’elxwá7elch Skwuláw̓txw Seaside Elementaryhomes in this catchment
Secondary King George Secondaryhomes in this catchment
800 m away · 1755 Barclay St, Vancouver · 604-713-8999

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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.