Condo
$999,000
1008 1788 Columbia Street
Vancouver5 days on market
listed by RE/MAX All Points Realty
MLS® R3176986
618 518 Moberly Road
$985,000
618 518 Moberly Road
Vancouver · MLS® R3177940
221
1,161 sq ft · Condo · Single Family · built 1986 · 3 days on market
listed by Cecilia Fatiguso, Oakwyn Realty Ltd.
Open house · Sunday, October 25, 2pm–4pm
realtor's description
Welcome to Newport Quay in the heart of False Creek! This rarely available corner 2-bedroom, 2-bathroom home features expansive southeast-facing windows basking in natural light. Well-maintained concrete FREEHOLD building with proactive strata, onsite caretaker, one parking, and one storage locker. HUGE primary bedroom (15' x 11'2")fits a king-sized bed. Mirrored closets in the entry and both bedrooms. Entertain and relax on the generous balcony (19'9" x 7'4") just off the kitchen. Two Level 2 EV charging stalls, recently upgraded elevators. Waterfront lifestyle, Seawall, dining, shopping, Olympic Village, Granville Island, Downtown, and Canada Line. An exceptional walkable and bikeable community. Sorry no cats/dogs. Open House Sunday Oct 25 2-4pm.
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 1,161 sq ft
- parking
- 1
- year built
- 1986
- property tax
- $3,525 / yr
- strata fee
- $583 / mo ($0.50 / sq ft)
- strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- days on market
- 3
- MLS®
- R3177940
features
- Central location
- Cul-de-sac
- Treed
- Elevator
- Wheelchair access
- Pets Allowed With Restrictions
monthly cost
$5,168/mo
Mortgage $4,292 · Tax $294 · Strata $583
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
- $2,830/mo
- after all costs
- −$2,599/mo
- cap rate
- 2.1%
- yearly net rent ÷ price
Costs: mortgage $4,292 · tax $294 · strata $583 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in South Granville/Oak, Vancouver: CMHC's average there ($2,506) 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.
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 ↗
Rapid transit: Olympic Village SkyTrain station, 200 m (about 3 min walk); Broadway–City Hall SkyTrain station, 600 m (about 9 min walk).
schools
Catchment schools, Vancouver School Board
- Elementary False Creek Elementaryhomes in this catchment
700 m away · 900 School Green, Vancouver · 604-713-4959
- Secondary Kitsilano Secondaryhomes in this catchment
3.5 km away · 2706 Trafalgar St, Vancouver · 604-713-8961
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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