705 1251 CARDERO STREET
Vancouver · MLS® R3164940
1 bed · 1 bath · 574 sq ft · 1 parking
Condo · Single Family · built 1965 · 23 days on market
Listed by Angie Kirk, Dexter Realty
Realtor's description
An extraordinary opportunity to own in English Bay! Ideal as a city home or pied-à-terre (no vacancy tax).This location has the beach, Stanley Park, shopping, cafés and some of the best dining at your doorstep. Surrounded by mature tree-lined streets and features a peaceful, park-like garden, indoor pool, sauna with showers and change rooms, secure underground parking, bike stg, shared laundry, garbage/ recycling facilities. A major exterior renewal is currently underway, including replacement windows and balcony doors-an exciting investment in the building´s comfort, appearance and longevity. Leasehold ownership offers a significantly lower purchase price while leaseholders contribute directly toward operating and capital costs.English Bay lifestyle without the freehold-level capital.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 574 sq ft
- Parking
- 1
- Year built
- 1965
- Strata fee
- $907 / mo ($1.58 / sq ft)
- Strata rules
- Pets not Allowed, Rentals Allowed With Restrictions
- Days on market
- 23
- MLS®
- R3164940
Features
- Central location
- Elevator
- Pets not Allowed
- Rentals Allowed With Restrictions
- Refrigerator
- Stove
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $1,890/mo
- After all costs
- −$118/mo
- Cap rate
- 4.6%
- yearly net rent ÷ price
Costs: mortgage $915 · strata $907 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-bedroom in West End, 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 Roberts Elementaryhomes in this catchment
300 m away · 1100 Bidwell St, Vancouver · 604-713-5055
- Secondary King George Secondaryhomes in this catchment
600 m 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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