Townhouse
$999,000
2818 WATSON STREET
Vancouverlisted today
MLS® R3174215
1 / 40
2 bed · 2 bath · 896 sq ft · 1 parking
Condo · Single Family · built 2007 · 35 days on market
Listed by Josina Forrester, Angell, Hasman & Associates Realty Ltd.
Realtor's description
Airbnb friendly building in the heart of Downtown Vancouver, an exceptional opportunity for homeowners and investors. This spacious 2 bedroom, 2 bathroom residence offers 896 sq. ft. of well designed living, with in suite laundry and private parking. Enjoy resort style amenities including concierge, indoor pool, sauna/steam room, fitness centre, bike room, and landscaped gardens. Steps from shopping, dining, entertainment, transit, and the waterfront. Open house Sep 26 2-4PM.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 896 sq ft
- Parking
- 1
- Year built
- 2007
- Property tax
- $2,671 / yr
- Strata fee
- $857 / mo ($0.96 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 35
- MLS®
- R3161616
Features
- Elevator
- Pets Allowed With Restrictions
Monthly cost
$5,001/mo
Mortgage $3,921 · Tax $223 · Strata $857
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
- $3,258/mo
- After all costs
- −$2,039/mo
- Cap rate
- 2.5%
- yearly net rent ÷ price
Costs: mortgage $3,921 · tax $223 · strata $857 · 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
Location
VancouverGoogle Maps ↗
Schools
Catchment schools, Vancouver School Board
- Elementary šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
- Secondary Britannia Secondaryhomes in this catchment
2.6 km away · 1001 Cotton Dr, Vancouver · 604-713-8266
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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