Condo
$999,000
303 1211 MELVILLE STREET
Vancouverlisted today
MLS® R3172664
1 / 21
2 bed · 2 bath · 1,008 sq ft · 2 parking
Condo · Single Family · built 2012 · 86 days on market
Listed by Sukhvir Grewal, Royal LePage Global Force Realty
Realtor's description
Welcome to Sitka, situated at the heat of a vibrant university campus. This units interior features a bright open-plan floor plan layout, huge windows brings in lots of brightness, warm flooring and gourmet kitchen. Large private decks invite out door entertaining to fully enjoy the West Coast surroundings. Unit comes with 2 parking stalls and one storage. Steps away from all amenities and education facilities including U-Hill Elementary & Secondary school, French Immersion, University Village, shops restaurants, transit, parks, and lots more.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,008 sq ft
- Parking
- 2
- Year built
- 2012
- Property tax
- $2,261 / yr
- Strata fee
- $579 / mo ($0.57 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 86
- MLS®
- R3145930
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Washer
- Refrigerator
- Dishwasher
Monthly cost
$5,686/mo
Mortgage $4,919 · Tax $188 · Strata $579
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
- $2,364/mo
- After all costs
- −$3,546/mo
- Cap rate
- 1.5%
- yearly net rent ÷ price
Costs: mortgage $4,919 · tax $188 · strata $579 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Metro 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 Norma Rose Point Elementaryhomes in this catchment
800 m away · 5488 Ortona Ave, Vancouver · 604-713-5950
- Secondary University Hill Secondaryhomes in this catchment
1.1 km away · 3228 Ross Dr, Vancouver · 604-713-8258
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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