Condo
$2,880,000
20% less per sq ft2001 1239 W GEORGIA STREET
Vancouver2 days on market
MLS® R3173485
1 / 27
3 bed · 3 bath · 1,815 sq ft · 4 parking
Condo · Single Family · built 2020 · 84 days on market
Listed by Mark M. C. Yeung, Team 3000 Realty Ltd.
Realtor's description
Unmatched in location, this rare southeast-facing penthouse at ARC offers spectacular panoramic views of False Creek and Vancouver's skyline. Featuring soaring double-height ceilings, dramatic floor-to-ceiling windows, 2 expansive wraparound terraces, this exceptional residence delivers an extraordinary indoor-outdoor lifestyle. The open-concept, two-level design offers 3 bedrooms, 3 bathrooms, a gourmet kitchen with premium Miele appliances. Automated blinds, refined finishes, and thoughtfully designed living spaces create the perfect balance of elegance and comfort for everyday living or entertaining. A truly rare offering, this home includes 2 private double-car garages with EV charging & oversized storage lockers-an exceptional amenity package in Vancouver's most sought communities.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,815 sq ft
- Parking
- 4
- Year built
- 2020
- Property tax
- $10,501 / yr
- Strata fee
- $1,321 / mo ($0.73 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 84
- MLS®
- R3147396
Features
- Central location
- Pets Allowed With Restrictions
- All
- Refrigerator
- Dishwasher
- Oven - Built-In
Monthly cost
$18,230/mo
Mortgage $16,033 · Tax $875 · Strata $1,321
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
- $5,081/mo
- After all costs
- −$13,590/mo
- Cap rate
- 0.8%
- yearly net rent ÷ price
Costs: mortgage $16,033 · tax $875 · strata $1,321 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ 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 šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
- Secondary King George Secondaryhomes in this catchment
2.3 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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