708 889 PACIFIC STREET
Vancouver · MLS® R3114728
1 bed · 1 bath · 583 sq ft · 0 parking
Condo · Single Family · built 2021 · 168 days on market
Listed by Margaret Song, Macdonald Realty Westmar
Realtor's description
Experience refined urban living at The Pacific by Grosvenor in Downtown Vancouver. This functional 1-bedroom residence showcases a functional open-concept layout and a gourmet kitchen equipped with Wolf 30" gas cooktop and oven, Sub-Zero fridge, Italian Snaidero cabinetry, Miele dishwasher, marble backsplash, and quartz countertops. Floor-to-ceiling windows invite abundant natural light throughout. Enjoy world-class amenities including 24-hour concierge, state-of-the-art fitness centre, and a landscaped terrace with outdoor dining and kitchen. Open house May 16 Sat 2:00-4:00
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 583 sq ft
- Parking
- 0
- Year built
- 2021
- Property tax
- $2,912 / yr
- Strata fee
- $430 / mo ($0.74 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 168
- MLS®
- R3114728
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Monthly cost
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
- −$1,896/mo
- Cap rate
- 2.1%
- yearly net rent ÷ price
Costs: mortgage $3,132 · tax $243 · strata $430 · 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
Schools
Catchment schools, Vancouver School Board
- Elementary Roberts Elementaryhomes in this catchment
1.3 km away · 1100 Bidwell St, Vancouver · 604-713-5055
- Secondary King George Secondaryhomes in this catchment
1.6 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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