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$779,000

609 36 WATER STREET

Vancouver · MLS® R3162119

1 bed · 1 bath · 734 sq ft · 1 parking

Condo · Single Family · built 2008 · 29 days on market

Listed by Tyler Burrows, Oakwyn Realty Ltd.

Vancouver history meets striking modern architecture in this exceptional loft at the iconic Terminus building in the heart of Gastown. Originally home to the historic Terminus Hotel, the building was transformed in 2008 by award-winning Acton Ostry Architects into one of the city´s most celebrated heritage conversions. Held by the original owner since redevelopment, this standout home features dramatic 14+ ft floor-to-ceiling windows overlooking the leafy trees and warm brick character of Water Street. A refined mix of warm wood, concrete, stainless steel, and crisp modern finishes creates a space that feels both industrial and inviting. Residents enjoy stunning rooftop decks with water and mountain views, bike storage, and lounge spaces. On top of that, you're surrounded by some of the best restaurants shopping in landmarks in the city

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 734 sq ft
Parking: 1
Year built: 2008
Property tax: $2,108 / yr
Strata fee: $545 / mo ($0.74 / sq ft)
Days on market: 29
MLS®: R3162119

Typical for the area (+4.1%)

Price per sq ft: $1,061 vs $1,020 median for condos in Vancouver for sale (2066)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Central location
Washer
Refrigerator
Dishwasher
Dryer
Oven - Built-In

On market 29 days

Listed now: 42 days; median for 2066 condos for sale; this one 29 days

Condos in Vancouver. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Vancouver School Board

Elementary šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
Secondary Britannia Secondaryhomes in this catchment
2.6 km away · 1001 Cotton Dr, Vancouver · 604-713-8266

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.

$4,114/mo

Mortgage $3,394 · Tax $176 · Strata $545

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

estimated payment

$3,394/ monthly

loan $623,200

25-year amortization

down payment20% · $155,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $395,008
property transfer tax: $13,580; BC general rate
cash to close: $169,380; down + PTT
total paid: $1,018,208

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $2,112/mo
After all costs: −$2,206/mo
Cap rate: 1.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,394 · tax $176 · strata $545 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-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

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