Open houseCondo
$869,000
402 1788 ONTARIO STREET
Vancouver4 days on market
MLS® R3172423
1 / 13
$765,000
404 1238 HOMER STREET
Vancouver · MLS® R3155164
1 bed · 1 bath · 822 sq ft · 1 parking
Condo · Single Family · built 1998 · 58 days on market
Listed by Nima Alizadeh, Coldwell Banker Prestige Realty
Realtor's description
Welcome to The Grafton, a boutique heritage-style building in the heart of Yaletown. This beautiful suite combines modern finishes with unique character, featuring exposed wood beams, brick columns, oversized windows and a bright open-concept layout. Enjoy a modern kitchen with full-size high-end appliances, solid-surface countertops, built-in cabinetry, Grohe fixtures, gas fireplace and a spacious walk-in shower. Includes 1 parking stall and large storage locker. Steps to Yaletown´s best restaurants, cafés, shopping, the Seawall and David Lam Park. A rare offering in one of Yaletown´s most desirable locations.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 822 sq ft
- Parking
- 1
- Year built
- 1998
- Property tax
- $2,291 / yr
- Strata fee
- $561 / mo ($0.68 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 58
- MLS®
- R3155164
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Monthly cost
$4,085/mo
Mortgage $3,333 · Tax $191 · Strata $561
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
- −$2,177/mo
- Cap rate
- 1.8%
- yearly net rent ÷ price
Costs: mortgage $3,333 · tax $191 · strata $561 · 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
VancouverGoogle Maps ↗
Schools
Catchment schools, Vancouver School Board
- Elementary Elsie Roy Elementaryhomes in this catchment
300 m away · 150 Drake St, Vancouver · 604-713-5890
- Secondary King George Secondaryhomes in this catchment
1.9 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.
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