Open houseCondo
$789,000
504 1159 Main Street
Vancouver1 day on market
MLS® R3174087
1 / 40
2 bed · 1 bath · 834 sq ft · 1 parking
Condo · Single Family · built 2016 · 159 days on market
Listed by Nina Margiottiello, Engel & Volkers Vancouver
Realtor's description
Excellent value & a cool space! Step into this loft like home with polished concrete floors, high ceilings & a bright open plan. A modern sunny 2 bedroom + den/flex, ideal for an office, or additional storage. A sought after corner unit with extra windows along the westside.The sleek kitchen features a moveable island complete with bar seating, Blomberg dishwasher, stone countertops, 5 burner gas stove & plenty of pantry storage. A thoughtfully designed bathroom with separate shower & soaker bath. Includes 1 parking and 1 storage conveniently located on the same floor. Bonus: Heat, hot water & gas included in main fees. Pet & rental friendly. Vibrant Chinatown has some of the best dining the city has to offer! Steps to transit, new hospital & growing collection of neighbourhood cafes.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 834 sq ft
- Parking
- 1
- Year built
- 2016
- Property tax
- $2,223 / yr
- Strata fee
- $582 / mo ($0.70 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 159
- MLS®
- R3119036
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$3,813/mo
Mortgage $3,045 · Tax $185 · Strata $582
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
- $2,323/mo
- After all costs
- −$1,711/mo
- Cap rate
- 2.3%
- yearly net rent ÷ price
Costs: mortgage $3,045 · tax $185 · strata $582 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in East Hastings, 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 Strathcona Elementaryhomes in this catchment
500 m away · 592 Pender St E, Vancouver · 604-713-4630
- Secondary Britannia Secondaryhomes in this catchment
2.0 km away · 1001 Cotton Dr, Vancouver · 604-713-8266
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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