Open houseCondo
$789,000
504 1159 MAIN STREET
Vancouverlisted today
MLS® R3174087
1 / 34
1 bed · 1 bath · 733 sq ft · 1 parking
Condo · Single Family · built 1995 · 30 days on market
Listed by Jason J S Wang, Sutton Group - 1st West Realty
Realtor's description
Welcome to Park Plaza, perfectly positioned directly across from Emery Barnes Park in the vibrant heart of Yaletown. This expansive home delivers a highly functional layout with generous living and dining areas ideal for entertaining. Natural light floods the space through large windows. A standout feature of this unit is the in-suite storage room, offering exceptional everyday convenience. Step outside your front door to immediate park access, Yaletown´s premier dining, cafes, boutique shopping, and transit. Park Plaza is a meticulously maintained, fully rainscreened concrete building that has seen major updates throughout the years, including windows, plumbing, elevators, gym, and lobby, plus EV charging.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 733 sq ft
- Parking
- 1
- Year built
- 1995
- Property tax
- $2,338 / yr
- Strata fee
- $431 / mo ($0.59 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 30
- MLS®
- R3163304
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$3,457/mo
Mortgage $2,832 · Tax $195 · Strata $431
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
- $2,112/mo
- After all costs
- −$1,549/mo
- Cap rate
- 2.4%
- yearly net rent ÷ price
Costs: mortgage $2,832 · tax $195 · strata $431 · 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
Location
VancouverGoogle Maps ↗
Schools
Catchment schools, Vancouver School Board
- Elementary šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
- Secondary King George Secondaryhomes in this catchment
1.8 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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