503 1008 BEACH AVENUE
Vancouver · MLS® R3168235
2 bed · 2 bath · 1,033 sq ft · 1 parking
Condo · Single Family · built 1990 · 15 days on market
Listed by Irene Wong, RE/MAX Real Estate Services
Realtor's description
Welcome to the stunning 1000 Beach waterfront concrete complex with breathtaking views of False Creek, Granville Island, the Seawall & marina. Unit 503 is cascaded with natural light from it's SE, S & SW outlooks featuring a 11' x 6' covered view balcony, updated flooring, kitchen & both baths , generous sized bedrooms & 3 pc ensuite. Unit access via open air covered causeway. 24 hour concierge, security, on-site manager & full amenities including pool, gym, racketball court, sauna & hot tub. Minutes to shopping, Aquabus, Aquatic Centre, beaches & Stanley Park. 1 parking stall & 1 storage locker.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,033 sq ft
- Parking
- 1
- Year built
- 1990
- Property tax
- $3,327 / yr
- Strata fee
- $803 / mo ($0.78 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 15
- MLS®
- R3168235
Features
- Central location
- Elevator
- Wheelchair access
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
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
- −$2,906/mo
- Cap rate
- 2.1%
- yearly net rent ÷ price
Costs: mortgage $4,788 · tax $277 · strata $803 · 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
Schools
Catchment schools, Vancouver School Board
- Elementary Roberts Elementaryhomes in this catchment
1.2 km away · 1100 Bidwell St, Vancouver · 604-713-5055
- Secondary King George Secondaryhomes in this catchment
1.6 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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