807 38 W 1st Avenue

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$725,000

807 38 W 1st Avenue

Vancouver · MLS® R3177102

all units at 38 W 1st Ave →

111

626 sq ft · Condo · Single Family · built 2015 · 10 days on market

listed by Morteza Rezaei, Royal Pacific Lions Gate Realty Ltd.

Open house · Saturday, October 31, 2pm–4pm

realtor's description

Welcome to this beautifully appointed 626 sq. ft. 1-bedroom + den in the heart of Olympic Village. Thoughtfully designed with an open-concept layout, this bright residence maximizes every inch of space. The spacious solarium makes an excellent home office, while the stylish kitchen features Bosch appliances, a gas cooktop and quartz countertops. Enjoy A/C throughout, 9' ceilings and a large flex/storage room with custom built-ins. Exceptional resort-style amenities include a rooftop infinity pool, hot tub, fitness centre and lounge. Walk to the Seawall, Urban Fare, London Drugs, cafes, restaurants, gelato and craft breweries, with SkyTrain just minutes away. Walk Score 97. Includes 1 parking and 1 storage locker. Pets and rentals allowed. Open House Sat , Sun Oct 31 & Nov 1, 2-4

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
living area: 626 sq ft
parking: 1
year built: 2015
property tax: $2,388 / yr
strata fee: $601 / mo ($0.96 / sq ft)
strata rules: Pets Allowed
days on market: 10
MLS®: R3177102

features

Central location
Elevator
Pets Allowed
All

the market here

listed now: 46 days; median for 2080 condos for sale; this one 10 days

Condos in Vancouver. Sale prices register 1 to 3 months after a sale closes.

property tax by year

year	assessed	est. tax
2026	$710,000	$2,387
2025	$753,000	$2,346

Estimated tax up 1.7% from 2025 to 2026.

The listing shows $2,388 a year in property tax.

Estimate: the BC Assessment value times Vancouver's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

monthly cost

$3,991/mo

Mortgage $3,191 · Tax $199 · Strata $601

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$3,191/ monthly

loan $580,000

25-year amortization

down payment20% · $145,00020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 31, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $377,248
property transfer tax: $12,500; BC general rate
cash to close: $157,500; down + PTT
total paid: $957,248

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.