Open houseCondo
$399,000
12% less per sq ft809 5189 GASTON STREET
Vancouver9 days on market
MLS® R3170420
1 / 8
1 bed · 1 bath · 451 sq ft · 1 parking
Condo · Single Family · built 2015 · 129 days on market
Listed by Tim Sabitov, Team 3000 Realty Ltd.
Realtor's description
Welcome to Sequel 138! This efficiently designed 1-bedroom condo offers modern, open-concept living in a solid 2015 building. Perfect for first-time buyers or savvy investors, the unit features durable vinyl floors, a sleek functional kitchen, and in-suite laundry. Enjoy the building's central courtyard with an urban garden, secure bike storage, and peace of mind. Located at 138 E Hastings, you are steps from the heart of Gastown, Chinatown, top-tier dining, transit, and shopping with a perfect 100 Walk Score. Rentals and pets are permitted with restrictions, making this an excellent entry-level or income-generating property in an exciting, evolving neighborhood. Don't miss this fantastic downtown opportunity. Includes one underground secure parking stall. Photos are virtually staged.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 451 sq ft
- Parking
- 1
- Year built
- 2015
- Property tax
- $1,091 / yr
- Strata fee
- $295 / mo ($0.65 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 129
- MLS®
- R3130098
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
Monthly cost
$1,859/mo
Mortgage $1,473 · Tax $91 · Strata $295
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
- $49/mo
- Cap rate
- 5.4%
- yearly net rent ÷ price
Costs: mortgage $1,473 · tax $91 · strata $295 · 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 Britannia Secondaryhomes in this catchment
2.2 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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