3603 1011 Cordova Street

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

rent

$3,680/mo

after all costs

−$13,817/mo

cap rate

0.3%

yearly net rent ÷ price

Costs: mortgage $14,524 · tax $980 · strata $1,663 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Downtown, Vancouver: CMHC's average there ($3,258) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Rapid transit: Burrard SkyTrain station, 300 m (about 5 min walk); Waterfront SkyTrain station, 400 m (about 6 min walk).

Estimated tax up 1.5% from 2025 to 2026.

The listing shows $11,765 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.

listed now

44 days

median for 2077 condos for sale; this one 43 days

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

the building's lot: 4,662 m² (50,181 sq ft) · PID 028-131-606. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Rapid transit: Burrard SkyTrain station, 300 m (about 5 min walk); Waterfront SkyTrain station, 400 m (about 6 min walk).