2 bed · 2 bath · 1,060 sq ft · 2 parking
Condo · Single Family · built 2002 · 141 days on market
Listed by Coulomb Wang, Homeland Realty
Realtor's description
Perfect location :just on the side of David Lam park ! This bright unit with great views over False Creek has been lovingly maintained by owners and nice tenants. The always sought after 01 floor plan boasts separated bedrooms, a large den with door can be used as third bedroom, very little hallway and a sizable sun soaked patio. The unit was modestly renovated in 2015 :new painting, new hardwood flooring throughout ,new countertop and wall in kitchen! This unit comes with TWO side by side parking. The complex offers most amenities in the area: large gym, 80' lap pool, hot tub, steam rooms, 2 squash courts, pool table, 2 Hollywood style theater , library, lounge, party room & rental guest suite,24 hours concierge.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,060 sq ft
- Parking
- 2
- Year built
- 2002
- Property tax
- $4,515 / yr
- Strata fee
- $681 / mo ($0.64 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 141
- MLS®
- R3126570
Features
- Elevator
- Pets Allowed With Restrictions
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
- $3,258/mo
- After all costs
- −$3,620/mo
- Cap rate
- 1.8%
- yearly net rent ÷ price
Costs: mortgage $5,525 · tax $376 · strata $681 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-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
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
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.
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