1 / 36

$1,260,000

302 1228 MARINASIDE CRESCENT

Vancouver · MLS® R3152552

All units at 1228 Marinaside Cres →

3 bed · 2 bath · 1,126 sq ft · 1 parking

Condo · Single Family · built 1998 · 65 days on market

Listed by Elizabeth McQueen, RE/MAX Select Properties

Realtor's description

Waterfront Living at Its Finest Best value/price per SF directly fronting the Marinaside seawall. This 1126 SF+ unit ticks all the boxes: Close-in views of False Creek and garden courtyard, it's a peaceful retreat yet just steps from world-class dining, boutique shopping, and the buzz of Yaletown | Rare layout with south, west and north exposure and windows on three sides feels like a house not a shoebox | 2-bedroom/2-bathroom (incl. ensuite) + den (easily an extra bedroom) | In-suite storage and laundry | Bright and inviting atmosphere, move-in ready neutral decor and new appliances, furnishings optional | Well-managed strata, full-time concierge, fully-upgraded fitness facilities, parking. The perfect blend of Yaletown energy and waterfront serenity. Value | Space | Lifestyle

Property details

Type: Condo, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,126 sq ft
Parking: 1
Year built: 1998
Property tax: $3,583 / yr
Strata fee: $906 / mo ($0.80 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 65
MLS®: R3152552

Buying in a building from 1982 to 2000: what to read first

Features

Elevator
Trash compactor
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

Above typical for the area (+9.6%)

2026 assessment: $1,109,000 · asking is +14%
Price per sq ft: $1,119 vs $1,021 median for condos in Vancouver for sale (2032)

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.

Property insights

On market 65 days · no price changes so far

The market here

Listed now: 38 days; median for 2203 condos for sale; this one 65 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,109,000	$3,729

The listing shows $3,583 a year in property tax.

Estimate: the BC Assessment value times Vancouver's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$6,694/mo

Mortgage $5,490 · Tax $299 · Strata $906

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

estimated payment

$5,490/ monthly

loan $1,008,000

25-year amortization

down payment20% · $252,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $638,910
property transfer tax: $23,200; BC general rate
cash to close: $275,200; down + PTT
total paid: $1,646,910

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.

If you rented it out

Rent: $5,081/mo
After all costs: −$2,055/mo
Cap rate: 3.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $5,490 · tax $299 · strata $906 · 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

The building's lot: 7,912 m² (85,164 sq ft) · PID 023-756-641. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Elsie Roy Elementaryhomes in this catchment
200 m away · 150 Drake St, Vancouver · 604-713-5890
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.

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