Condo
$678,000
207 1618 QUEBEC STREET
Vancouverlisted today
1 bd1 ba615 sq ft
MLS® R31736731 / 25
$749,000
2709 501 PACIFIC STREET
Vancouver · MLS® R3111743
1 bed · 1 bath · 631 sq ft · 1 parking
Condo · Single Family · built 1999 · 175 days on market
Listed by John Patricelli, RE/MAX Heights Realty
Realtor's description
EXCELLENT INVESTMENT OPPORTUNITY! Welcome to The 501, located in the vibrant heart of Yaletown, just steps from the scenic seawall. This beautifully updated one-bedroom unit features a modern kitchen with stunning marble countertops and backsplash, complemented by new fixtures and stainless steel appliances. Fully Renovated bathroom. Enjoy breathtaking views of False Creek from every room. The building offers a range of luxurious amenities, including a fully equipped gym, an indoor/outdoor swimming pool, a party room, guest suites, and even a beach volleyball court. Additional conveniences include one storage locker and one underground parking space. Experience urban living at its finest in this exceptional property!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 631 sq ft
- Parking
- 1
- Year built
- 1999
- Property tax
- $2,382 / yr
- Strata fee
- $583 / mo ($0.92 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 175
- MLS®
- R3111743
Features
- Central location
- Pets Allowed With Restrictions
- All
Monthly cost
$4,045/mo
Mortgage $3,263 · Tax $199 · Strata $583
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
- −$2,137/mo
- Cap rate
- 1.8%
- yearly net rent ÷ price
Costs: mortgage $3,263 · tax $199 · strata $583 · 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 Elsie Roy Elementaryhomes in this catchment
400 m away · 150 Drake St, Vancouver · 604-713-5890
- Secondary King George Secondaryhomes in this catchment
1.9 km 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. Sign in (email only) and they follow you to every device.
