Condo
$1,068,800
205 1561 W 57TH AVENUE
Vancouver22 days on market
2 bd2 ba834 sq ft
MLS® R31656461 / 32
$839,900
608 1323 HOMER STREET
Vancouver · MLS® R3168474
2 bed · 1 bath · 929 sq ft · 1 parking
Condo · Single Family · built 1993 · 15 days on market
Listed by Michael Vincent Bortolin, One Percent Realty Ltd.
Realtor's description
Welcome to Pacific Point II in the heart of Yaletown. This spacious 2 bed, 1 bath home has a generous living room and dining room, which is rare in today's condos. The building was fully renovated by Bosa, and the home feels modern throughout, with a smart, functional layout. The bright den is wrapped in windows, so it works as a solarium, home office or large storage space. Amenities include a concierge, a well equipped gym, an indoor pool under a skylight, a hot tub, sauna, and a large party room for hosting. Walking distance to David Lam Park, the Seawall, Yaletown Roundhouse Station, Elsie Roy Elementary and Yaletown's best restaurants and cafes. This is exceptional value in one of Vancouver's most walkable neighbourhoods.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 929 sq ft
- Parking
- 1
- Year built
- 1993
- Property tax
- $2,614 / yr
- Strata fee
- $593 / mo ($0.64 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 15
- MLS®
- R3168474
Features
- Central location
- Elevator
- Wheelchair access
- Pets Allowed
- All
Monthly cost
$4,471/mo
Mortgage $3,659 · Tax $218 · Strata $593
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
- −$1,508/mo
- Cap rate
- 3.1%
- yearly net rent ÷ price
Costs: mortgage $3,659 · tax $218 · strata $593 · 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
VancouverGoogle Maps ↗
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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