Condo
$709,000
506 1166 MELVILLE STREET
Vancouverlisted today
MLS® R3174229
1 / 40
2 bed · 2 bath · 1,052 sq ft · 1 parking
Condo · Single Family · built 1994 · 3 days on market
Listed by Elliott Chun, The Partners Real Estate
Realtor's description
Beautifully renovated living on one of Downtown Vancouver´s most picturesque streets. Welcome to Jardine's Lookout on tree-lined Hamilton Street, where Yaletown meets Downtown. This bright 2 bed, 2 full bath and 2 den spaces offer over 1,000 square ft in Bosa's concrete tower. Recent renovations include the kitchen, both bathrooms and engineered hardwood flooring. Enjoy quartz countertops, stainless steel appliances, an upgraded gas fireplace and city views. Oversized primary features ensuite, while the separate office is ideal for working from home. Includes 1 parking stall, storage locker and ample in-suite storage. Amenities include a party room, gym and sauna. Steps to world-class restaurants, shopping, transit and entertainment. First showings at Open House: Thursday, October 8, 4:00pm - 6:00pm.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,052 sq ft
- Parking
- 1
- Year built
- 1994
- Property tax
- $2,816 / yr
- Strata fee
- $697 / mo ($0.66 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 3
- MLS®
- R3172802
Features
- Central location
- Private setting
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$4,844/mo
Mortgage $3,912 · Tax $235 · Strata $697
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
- −$1,881/mo
- Cap rate
- 2.7%
- yearly net rent ÷ price
Costs: mortgage $3,912 · tax $235 · strata $697 · 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
VancouverGoogle Maps ↗
Schools
Catchment schools, Vancouver School Board
- Elementary šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
- Secondary King George Secondaryhomes in this catchment
1.9 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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