5602 1289 Hornby Street

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

rent

$3,680/mo

after all costs

−$10,995/mo

cap rate

0.6%

yearly net rent ÷ price

Costs: mortgage $12,548 · tax $579 · strata $1,219 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Downtown, Vancouver: CMHC's average there ($3,258) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

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

  1.5 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.