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$699,000

404 2575 W 4TH AVENUE

Vancouver · MLS® R3114009

1 bed · 1 bath · 718 sq ft · 1 parking

Condo · Single Family · built 1995 · 171 days on market

Listed by Edward Yan, Luxmore Realty

Realtor's description

Welcome to Seagate on West 4th-where life in Kitsilano is easy and intuitive. This well-designed one-bedroom offers nearly 700sqft of bright, functional living, featuring distinct living and dining areas, updated flooring, fresh paint, and expansive floor-to-ceiling windows that flood the space with natural light. Enjoy peaceful north-facing greenery from your private balcony, along with a spacious bedroom complete with a walk-in closet and additional wardrobe. A cozy gas fireplace adds warmth and character, and the home includes one parking stall conveniently located right beside the elevator. Just steps to Kits Beach, cafes, fitness studios, and daily essentials-including Shoppers Drug Mart and Fresh St. Market only a two-minute walk away!

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 718 sq ft
Parking: 1
Year built: 1995
Property tax: $2,392 / yr
Strata fee: $511 / mo ($0.71 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 171
MLS®: R3114009

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

Features

Elevator
Wheelchair access
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Price check

Typical for the area (-4.8%)

2026 assessment: $806,000 · asking is -13%
Price per sq ft: $974 vs $1,022 median for condos in Vancouver for sale (2038)
Last sold: $738,000 · Jun 18, 2024

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.

Property insights

On market 171 days · no price changes so far

The market here

Listed now: 38 days; median for 2209 condos for sale; this one 171 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$806,000	$2,710
2025	$767,000	$2,389

Estimated tax up 13.4% from 2025 to 2026.

The listing shows $2,392 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.

Monthly cost

$3,756/mo

Mortgage $3,045 · Tax $199 · Strata $511

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

estimated payment

$3,045/ monthly

loan $559,200

25-year amortization

down payment20% · $139,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $354,443
property transfer tax: $11,980; BC general rate
cash to close: $151,780; down + PTT
total paid: $913,643

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.

If you rented it out

Rent: $1,915/mo
After all costs: −$2,029/mo
Cap rate: 1.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,045 · tax $199 · strata $511 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-bedroom in Kitsilano/Point Grey, 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

The building's lot: 3,832 m² (41,247 sq ft) · PID 023-133-503. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

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Location

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Schools

Catchment schools, Vancouver School Board

Elementary Gordon Elementaryhomes in this catchment
500 m away · 2268 Bayswater St, Vancouver · 604-713-5403
Secondary Kitsilano Secondaryhomes in this catchment
700 m away · 2706 Trafalgar St, Vancouver · 604-713-8961

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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