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$1,075,000

404 1501 HOWE STREET

Vancouver · MLS® R3153182

2 bed · 2 bath · 1,139 sq ft · 1 parking

Condo · Single Family · built 1992 · 62 days on market

Listed by Mehrdad Haghjoo, Oakwyn Realty Ltd.

Prestige 888 Beach. This bright corner residence offers 1,139 square ft of thoughtfully designed living space with 2 bedrooms, 2 full bathrooms, and 2 covered balconies overlooking the beautifully landscaped and updated courtyard. Floor-to-ceiling windows fill the home with natural light, while the well-separated bedrooms provide privacy and a functional layout. Enjoy a gas fireplace, 1 parking stall, 1 storage locker, and ample visitor parking. amenities include an indoor pool, sauna, fitness centre, concierge, landscaped courtyard, and garbage chute on every floor. Just steps from the seawall, AquaBus to Granville Island, and Yaletown's renowned restaurants and cafés. Vibrant, sophisticated waterfront living at its finest.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,139 sq ft
Parking: 1
Year built: 1992
Property tax: $3,686 / yr
Strata fee: $892 / mo ($0.78 / sq ft)
Strata rules: Pets Allowed
Days on market: 62
MLS®: R3153182

Buying in a building from 1982 to 2000: what to read first

Below typical for the area (-7.5%)

Price per sq ft: $944 vs $1,020 median for condos in Vancouver for sale (2066)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
Private setting
Gated community
Pets Allowed

On market 62 days

Listed now: 42 days; median for 2066 condos for sale; this one 62 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Vancouver School Board

Elementary Roberts Elementaryhomes in this catchment
1.4 km away · 1100 Bidwell St, Vancouver · 604-713-5055
Secondary King George Secondaryhomes in this catchment
1.8 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.

$5,883/mo

Mortgage $4,684 · Tax $307 · Strata $892

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$4,684/ monthly

loan $860,000

25-year amortization

down payment20% · $215,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $545,102
property transfer tax: $19,500; BC general rate
cash to close: $234,500; down + PTT
total paid: $1,405,102

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $3,258/mo
After all costs: −$2,920/mo
Cap rate: 2.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,684 · tax $307 · strata $892 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-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

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