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$1,299,000

501 1568 ALBERNI STREET

Vancouver · MLS® R3091465

1 bed · 1 bath · 1,042 sq ft · 1 parking

Condo · Single Family · built 2023 · 231 days on market

Listed by Matt Gul, RE/MAX Masters Realty

Welcome to Alberni, a breathtaking 43-storey masterpiece by world-renowned Japanese architect Kengo Kuma. This iconic tower seamlessly blends nature and design, offering an unparalleled living experience. Residents enjoy a 24-hr concierge, a serene Japanese garden, a 25M indoor pool, a 3,000 SQ.FT. gym, and a dedicated music room. This 1,042 SQFT 1-bed, 1-bath residence offers elevated, yet intimate living. Thoughtfully designed, it features a bespoke Kengo Kuma kitchen island, premium Miele appliances, elegant curved maple wood walls, floor-to-ceiling windows, and motorized window coverings for effortless ambiance. Nestled on prestigious Alberni Street, this home places you steps from world-class dining, luxury shopping, and the scenic beauty of Stanley Park and the Coal Harbour Seawall.

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 1,042 sq ft
Parking: 1
Year built: 2023
Strata fee: $1,087 / mo ($1.04 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 231
MLS®: R3091465

Above typical for the area (+22%)

Price per sq ft: $1,247 vs $1,019 median for condos in Vancouver for sale (2065)

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
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

On market 231 days

Listed now: 41 days; median for 2065 condos for sale; this one 231 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 Maps can be out of date or miss a lot line; confirm with the municipality.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 cəw̓as Ch’elxwá7elch Skwuláw̓txw Seaside Elementaryhomes in this catchment
Secondary King George Secondaryhomes in this catchment
400 m 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.

$6,747/mo

Mortgage $5,660 · Strata $1,087

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

estimated payment

$5,660/ monthly

loan $1,039,200

25-year amortization

down payment20% · $259,80020%+ 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: $658,686
property transfer tax: $23,980; BC general rate
cash to close: $283,780; down + PTT
total paid: $1,697,886

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: $1,890/mo
After all costs: −$5,043/mo
Cap rate: 0.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $5,660 · strata $1,087 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-bedroom in West End, 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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