Condo
$768,000
2503 198 AQUARIUS MEWS
Vancouver1 day on market
MLS® R3174013
1 / 39
2 bed · 1 bath · 725 sq ft · 1 parking
Condo · Single Family · built 1997 · 24 days on market
Listed by Sanjin Cvetkovic, Century 21 In Town Realty
Realtor's description
Perched high on the 28th floor at WATERWORKS in the heart of Yaletown, this beautifully maintained 725 SF corner home offers a warm and inviting living space with stunning open northwest views that fill the home with natural light throughout the day. The thoughtfully designed layout features 2 bedrooms (one is junior size), a spacious and versatile den, and 1 bathroom, along with 1 parking stall for added convenience. Inside, the home blends comfort and style with engineered hardwood flooring, quartz kitchen countertops, and new appliances. A $20,000 owner-upgraded Innova 2.0 A/C system provides efficient cooling in both the living room and primary bedroom, ensuring year-round comfort. The primary bedroom is a peaceful retreat, complete with expansive windows framing the views and space to comfortably fit a king-size bed. Residents of WATERWORKS enjoy exceptional resort-style amenities at Club H2O, including a 70-ft indoor pool, hot tub, fully equipped gym, squash court, concierge service, guest suites, etc.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 725 sq ft
- Parking
- 1
- Year built
- 1997
- Property tax
- $2,220 / yr
- Strata fee
- $623 / mo ($0.86 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 24
- MLS®
- R3165714
Features
- Central location
- Elevator
- Trash compactor
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$3,723/mo
Mortgage $2,915 · Tax $185 · Strata $623
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
- $3,258/mo
- After all costs
- −$760/mo
- Cap rate
- 3.9%
- yearly net rent ÷ price
Costs: mortgage $2,915 · tax $185 · strata $623 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-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
500 m away · 150 Drake St, Vancouver · 604-713-5890
- Secondary King George Secondaryhomes in this catchment
2.1 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.
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