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$715,000

506 989 BEATTY STREET

Vancouver · MLS® R3146016

1 bed · 1 bath · 732 sq ft · 1 parking

Condo · Single Family · built 2004 · 85 days on market

Listed by Jacky Levi, Sotheby's International Realty Canada

One bedroom + 2 DENS! at the NOVA building in the heart of Yaletown! This bright and spacious corner unit features one bedroom and two dens, offering a versatile layout perfect for working from home or a junior 2nd bedroom. The open-concept design seamlessly connects the kitchen, dining, and living areas, while floor-to-ceiling windows bathe the space in natural light. The bedroom is tucked away for privacy and features ample storage. Enjoy the convenience of 1 parking space and 1 storage locker. Building amenities include a gym, yoga room, hot tub, steam room, party room, and guest suite. Just steps from Yaletown´s best shopping, dining, and entertainment, with BC Place, Rogers Arena, and the Seawall all within walking distance.

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 732 sq ft
Parking: 1
Year built: 2004
Property tax: $2,336 / yr
Strata fee: $544 / mo ($0.74 / sq ft)
Strata rules: Pets Allowed
Days on market: 85
MLS®: R3146016

Typical for the area (-4.2%)

Price per sq ft: $977 vs $1,020 median for condos in Vancouver for sale (2065)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
Elevator
Pets Allowed
All

On market 85 days

Listed now: 41 days; median for 2065 condos for sale; this one 85 days

Condos in Vancouver. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Vancouver School Board

Elementary šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
Secondary King George Secondaryhomes in this catchment
2.1 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.

$3,854/mo

Mortgage $3,115 · Tax $195 · Strata $544

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$3,115/ monthly

loan $572,000

25-year amortization

down payment20% · $143,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $362,556
property transfer tax: $12,300; BC general rate
cash to close: $155,300; down + PTT
total paid: $934,556

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $2,112/mo
After all costs: −$1,946/mo
Cap rate: 2.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,115 · tax $195 · strata $544 · 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

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