Condo
$518,888
13% less per sq ft1702 5515 BOUNDARY ROAD
Vancouverlisted today
MLS® R3174329
1 / 14
1 bed · 1 bath · 527 sq ft
Condo · Single Family · built 1982 · 85 days on market
Listed by Gary Wong, eXp Realty
Realtor's description
If you´ve ever wanted a cozy Airbnb Friendly, 1 bedroom unit in downtown for under $500,000, this is it! This 527 sq ft, Northeast facing unit at the well maintained Fortune House has a great floor plan, spacious bedroom, 9´+ ceilings, and got a great sized balcony. Amenities include 1 Storage Locker, a concierge, gym and bike room. Located in the heart of downtown, steps to shopping, restaurants and the downtown night life, perfect for living the downtown lifestyle! Open House: July 18, 2-4pm
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 527 sq ft
- Parking
- 0
- Year built
- 1982
- Property tax
- $1,722 / yr
- Strata fee
- $492 / mo ($0.93 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 85
- MLS®
- R3147261
Features
- Central location
- Elevator
- Pets Allowed
- Refrigerator
- Dishwasher
- Stove
Floor plans
Found among the listing photos.
Monthly cost
$2,923/mo
Mortgage $2,287 · Tax $144 · Strata $492
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
- −$1,015/mo
- Cap rate
- 2.9%
- yearly net rent ÷ price
Costs: mortgage $2,287 · tax $144 · strata $492 · 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
VancouverGoogle Maps ↗
Schools
Catchment schools, Vancouver School Board
- Elementary šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
- Secondary King George Secondaryhomes in this catchment
1.5 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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