1 bath · 462 sq ft
Condo · Single Family · built 1997 · 72 days on market
Listed by Nina Margiottiello, Engel & Volkers Vancouver
Realtor's description
If you've been looking for a studio in Yaletown this is the one! The Murchies a boutique heritage conversion building from 1912 that was converted into lofts in 1997. Open concept, beautiful reclaimed fir flooring from the original warehouse, exposed concrete beams and swing windows create light-filled magic. The cast stone fireplace set's the stage, the spacious kitchen and built in desk area are timeless. Multifunctional custom Murphy bed that also has a drop down table perfect for hosting. Common rooftop terrace with seating & bbq area. One storage locker, pet friendly. Steps to the Canada Line, the seawall and the finest shopping and dining Yaletown has to offer. This studio has been loved by it's current owner for 10 years and it's now time for it's next owner!
Property details
- Type
- Condo, Single Family
- Bathrooms
- 1
- Living area
- 462 sq ft
- Parking
- 0
- Year built
- 1997
- Property tax
- $1,515 / yr
- Strata fee
- $317 / mo ($0.69 / sq ft)
- Strata rules
- Pets Allowed, Rentals Allowed With Restrictions
- Days on market
- 72
- MLS®
- R3151552
Features
- Central location
- Elevator
- Pets Allowed
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
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
- $1,839/mo
- After all costs
- −$856/mo
- Cap rate
- 3.1%
- yearly net rent ÷ price
Costs: mortgage $2,070 · tax $126 · strata $317 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a studio 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 Elsie Roy Elementaryhomes in this catchment
300 m away · 150 Drake St, Vancouver · 604-713-5890
- Secondary King George Secondaryhomes in this catchment
1.9 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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