2 bed · 2 bath · 744 sq ft
Condo · Single Family · built 2016 · 179 days on market
Listed by Andrew Chan, RA Realty Alliance Inc.
Realtor's description
Bright and well-designed 2 bed, 2 bath southwest corner unit ideally located near Downtown Vancouver, Gastown, False Creek, and the SeaBus at Waterfront Station. Built by reputable developer Westbank, this home features a functional open-concept layout with a modern kitchen flowing into spacious living and dining areas. Enjoy abundant natural light and a large balcony (accessible from the bedroom and the living room) with panoramic views. Amenities include a stylish indoor lounge with full kitchen, perfect for entertaining, plus an outdoor terrace with BBQ. A fantastic opportunity for comfortable and convenient city living. Hot commodity for rental investors and very suitable for small families. 1 locker storage.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 744 sq ft
- Parking
- 0
- Year built
- 2016
- Property tax
- $2,326 / yr
- Strata fee
- $595 / mo ($0.80 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 179
- MLS®
- R3110301
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
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
- $3,258/mo
- After all costs
- −$872/mo
- Cap rate
- 3.7%
- yearly net rent ÷ price
Costs: mortgage $3,045 · tax $194 · strata $595 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-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 šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
- Secondary Britannia Secondaryhomes in this catchment
2.1 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.
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