1 bed · 1 bath · 559 sq ft
Condo · Single Family · built 2009 · 161 days on market
Listed by Warrick Chu, Prompton Real Estate Services Inc.
Realtor's description
Welcome to the iconic Woodward's building by Westbank. This sophisticated 1-bedroom offers 559 square ft of impeccably designed living, framed by floor-to-ceiling windows with panoramic Downtown Vancouver views. Elevated finishes include stone counters, gas range, and a spa-inspired bathroom. Enjoy 24/7 concierge and Club W's world-class amenities, featuring a state-of-the-art fitness centre, rooftop terrace with hot tub, and lounge. Move-in ready, strata fee includes internet. Airbnb permitted with strata approval and annual fee, plus City of Vancouver license; rentals over 6 months allowed. In the heart of Gastown, steps to dining, cafes, and transit. An exceptional opportunity!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 559 sq ft
- Parking
- 0
- Year built
- 2009
- Property tax
- $1,737 / yr
- Strata fee
- $532 / mo ($0.95 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 161
- MLS®
- R3117770
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
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
- −$1,099/mo
- Cap rate
- 2.8%
- yearly net rent ÷ price
Costs: mortgage $2,331 · tax $145 · strata $532 · 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
Schools
Catchment schools, Vancouver School Board
- Elementary šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
- Secondary Britannia Secondaryhomes in this catchment
2.7 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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