Condo
$799,900
13% under assessed1607 838 W HASTINGS STREET
Vancouver123 days on market
MLS® R3133553
1 / 32
1 bed · 1 bath · 565 sq ft · 1 parking
Condo · Single Family · built 2021 · 71 days on market
Listed by Ernest Chi, RE/MAX Crest Realty
Realtor's description
PENTHOUSE LIVING at Ivy on the Park! Bright top-floor 1-bedroom home featuring over-height ceilings, an open-concept layout, floor-to-ceiling windows, a spacious bedroom with cheater ensuite, a large laundry/storage room, and TWO private walkout balconies for seamless indoor-outdoor living. Built by the renowned Wall Group, this quality concrete residence offers outstanding amenities including a fitness centre, yoga studio, piano lounge, music room, library, meeting room, club lounge, and landscaped community patio. Ideally located in the heart of Wesbrook Village, just steps to shops, restaurants, parks, Pacific Spirit Regional Park, and UBC. Excellent school catchment: University Hill Elementary & Secondary. Perfect for homeowners or investors. 1 parking stall & 1 storage locker included
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 565 sq ft
- Parking
- 1
- Year built
- 2021
- Property tax
- $1,388 / yr
- Strata fee
- $394 / mo ($0.70 / sq ft)
- Days on market
- 71
- MLS®
- R3151293
Features
- All
Floor plans
Found among the listing photos.
Monthly cost
$3,643/mo
Mortgage $3,133 · Tax $116 · Strata $394
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
- $1,807/mo
- After all costs
- −$2,015/mo
- Cap rate
- 1.9%
- yearly net rent ÷ price
Costs: mortgage $3,133 · tax $116 · strata $394 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-bedroom in Metro 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 Norma Rose Point Elementaryhomes in this catchment
800 m away · 5488 Ortona Ave, Vancouver · 604-713-5950
- Secondary University Hill Secondaryhomes in this catchment
700 m away · 3228 Ross Dr, Vancouver · 604-713-8258
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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