Condo
$499,000
24% less per sq ft204 310 WATER STREET
Vancouverlisted today
MLS® R3174109
1 / 19
1 bath · 466 sq ft · 1 parking
Condo · Single Family · built 2001 · 1 day on market
Listed by Mark Wiens, RE/MAX Crest Realty
Realtor's description
Spacious and bright studio in the quiet heart of Yaletown in a well maintained, quality building with spectacular amenities including a hot tub, steam room, fully equipped gym, party rooms, bike rooms and more. This home features a kitchen with a full island and gas stove, along with a gas fireplace and balcony. This studio has the perfect layout, allowing it to feel open and significantly more spacious than comparable one bedroom units. One parking and one storage locker are included. Call today to see it for yourself.
Property details
- Type
- Condo, Single Family
- Bathrooms
- 1
- Living area
- 466 sq ft
- Parking
- 1
- Year built
- 2001
- Property tax
- $1,618 / yr
- Strata fee
- $294 / mo ($0.63 / sq ft)
- Days on market
- 1
- MLS®
- R3174031
Features
- Central location
- All
Monthly cost
$2,695/mo
Mortgage $2,266 · Tax $135 · Strata $294
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
- $1,839/mo
- After all costs
- −$1,038/mo
- Cap rate
- 2.8%
- yearly net rent ÷ price
Costs: mortgage $2,266 · tax $135 · strata $294 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a studio 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 šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
- Secondary King George Secondaryhomes in this catchment
1.7 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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