Condo
$768,000
203 2481 WATERLOO STREET
Vancouver17 days on market
MLS® R3168540
$709,000
506 1166 MELVILLE STREET
Vancouver · MLS® R3174229
1 bed · 1 bath · 565 sq ft · 1 parking
Condo · Single Family · built 1997 · listed today
Listed by Stanley Hsiang, 1NE Collective Realty Inc.
Realtor's description
Rarely available in the heart of Coal Harbour, this bright and spacious 1-bedroom, 1-bathroom home offers something truly exceptional - a massive 616 sq. ft. private patio, one of only four homes in the entire building with outdoor space of this scale. Filled with natural sunlight, the home offers a comfortable layout with an indoor-outdoor lifestyle that is nearly impossible to find in a downtown 1-bedroom. The oversized patio provides incredible flexibility for entertaining, relaxing, or simply enjoying your own private outdoor retreat. Located in sought-after Coal Harbour, you're steps from the seawall, Stanley Park, Harbour Green Park, restaurants, shopping and everything downtown Vancouver has to offer.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 565 sq ft
- Parking
- 1
- Year built
- 1997
- Property tax
- $1,113 / yr
- Strata fee
- $432 / mo ($0.76 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 0
- MLS®
- R3174229
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Monthly cost
$3,613/mo
Mortgage $3,089 · Tax $93 · Strata $432
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
- −$1,705/mo
- Cap rate
- 2.3%
- yearly net rent ÷ price
Costs: mortgage $3,089 · tax $93 · strata $432 · 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 cəw̓as Ch’elxwá7elch Skwuláw̓txw Seaside Elementaryhomes in this catchment
- Secondary King George Secondaryhomes in this catchment
900 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.
Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.
