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$878,000

2704 1111 ALBERNI STREET

Vancouver · MLS® R3172025

1 bed · 1 bath · 678 sq ft · 1 parking

Condo · Single Family · built 2008 · 2 days on market

Listed by Daniel O'Hearn, Rennie & Associates Realty Ltd.

World-class living at The Residences at Park Hyatt Vancouver! This rarely available executive 1 bed at the former Living Shangri-La offers it all! Enjoy a spacious living and dining area featuring an electric fireplace, floor-to-ceiling windows, hardwood floors, and A/C. The kitchen is perfect for entertaining as it opens right into the living area; equipped with bar seating, Miele appliances, a Sub-Zero fridge and more! The spa-like four-piece bathroom includes a soaker tub and direct access to the large bedroom. Residents can experience true luxury amenities including a fitness center, outdoor pool, 24h concierge, Spa, sauna, steam room, etc. Conveniently located just steps away from the best restaurants and shopping, a perfect opportunity for the investor or urban lifestyle seeker.

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 678 sq ft
Parking: 1
Year built: 2008
Property tax: $2,543 / yr
Strata fee: $603 / mo ($0.89 / sq ft)
Strata rules: Adult Oriented, Pets Allowed
Days on market: 2
MLS®: R3172025

Above typical for the area (+27%)

2026 assessment: $704,000 · asking is +25%
Price per sq ft: $1,295 vs $1,020 median for condos in Vancouver for sale (2066)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Elevator
Adult Oriented
Pets Allowed
All
Hot Tub

On market 2 days

Listed now: 41 days; median for 2066 condos for sale; this one 2 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Vancouver School Board

Elementary cəw̓as Ch’elxwá7elch Skwuláw̓txw Seaside Elementaryhomes in this catchment
Secondary King George Secondaryhomes in this catchment

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.

$4,640/mo

Mortgage $3,825 · Tax $212 · Strata $603

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

estimated payment

$3,825/ monthly

loan $702,400

25-year amortization

down payment20% · $175,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $445,209
property transfer tax: $15,560; BC general rate
cash to close: $191,160; down + PTT
total paid: $1,147,609

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $1,890/mo
After all costs: −$2,937/mo
Cap rate: 1.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,825 · tax $212 · strata $603 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-bedroom in West End, 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

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