1 bed · 1 bath · 450 sq ft
Condo · Single Family · built 2015 · 122 days on market
Listed by Josh Rosenberg, Royal LePage Westside Klein Group
Realtor's description
Best Price 1-bedroom condo in vancouver. Yes, a 1-bedroom for less than 300,000 in Vancouver! You read that correctly! The Sequel 138 building, steps away from Gastown, Historic Chinatown, restaurants, shops, and transit. Perfect investment property or for a first time home buyer. This well-designed condo maximizes space with no wasted square footage with windows on both sides that allow natural light to flow throughout. The kitchen features a sleek, modern design, including a convenient Euro-style in-suite washer/dryer. This building offers good amenities, including double security gates, secure bike storage, and community garden plots. It´s both pet- and rental-friendly, with fantastic walkability and transit access right outside your door. Additional features of the building include stylish glass elevator and a lush courtyard with garden to enjoy.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 450 sq ft
- Parking
- 0
- Year built
- 2015
- Property tax
- $1,085 / yr
- Strata fee
- $295 / mo ($0.66 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 122
- MLS®
- R3133441
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
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
- $237/mo
- Cap rate
- 6.2%
- yearly net rent ÷ price
Costs: mortgage $1,285 · tax $90 · strata $295 · 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
2.2 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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