Townhouse
$999,000
2818 WATSON STREET
Vancouverlisted today
MLS® R3174215
1 / 13
2 bed · 2 bath · 765 sq ft · 1 parking
Condo · Single Family · built 2000 · 212 days on market
Listed by Igor Tymoshchuk, TRG The Residential Group Downtown Realty
Realtor's description
The SAVOY. Solid concrete high-rise building in the heart of downtown on a one way street. This 2bd, 2bth and den corner unit features a western city view, laminate floors, granite counter tops, gas stove and gas fireplace, large walk-in closet. One parking & storage included. Great amenities: indoor swimming pool, Sauna, Jacuzzi, Gym, inside court yard. Party room and guest suit. Transportation, shopping, sea walk, best restaurants are just in a short walking distance. Great place to call home or perfect investment.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 765 sq ft
- Parking
- 1
- Year built
- 2000
- Property tax
- $2,488 / yr
- Strata fee
- $506 / mo ($0.66 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 212
- MLS®
- R3098848
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$4,147/mo
Mortgage $3,433 · Tax $207 · Strata $506
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
- −$1,184/mo
- Cap rate
- 3.4%
- yearly net rent ÷ price
Costs: mortgage $3,433 · tax $207 · strata $506 · 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
1.7 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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