Property Type: Condo / ApartmentOwnership: Strata

1506 1238 MELVILLE STREET

Vancouver, BC V6E4N2

$829,900

2 bed2 bath1 parking909 sqftBuilt 1996
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Amenities

Also listed: Recreation Centre

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$662/mo
Annual property tax
$2,721.42 (2026)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None
Appliances
All

Exterior & Lot

Pool
Indoor pool
Lot features
Central location, Elevator

Building

Parcel ID (PID)
023-159-014

Parking

Total spaces
1 — uncovered indicated
Features
Underground, Visitor Parking

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3138620
Listed
June 22, 2026
Time on market
On the market for 70 days
Tax assessment year
2026
Data last synced
August 31, 2026

Listing provided by: Angell, Hasman & Associates Realty Ltd. · Data source: CREA DDF.

Description

BEST priced 2-bedroom condo in a well maintained building at Coal Harbour, this unit is South East exposure with over 900sf indoor space, and 70sf South facing balcony. Spacious Living Room with lots of natural light. Two separated bedrooms give you privacy. Two closets in master bedroom for his and her closet. Indoor storage. A premier location with only steps to Coal Harbour, Seawall, Stanley Park, Convention Centre, shops, restaurants & the downtown core. Resort style amenities include security/concierge, gym, indoor pool, sauna, steam room, and two enclosed courtyards. One parking. Lots of visitor parking. Open House: Sunday August 30th. 2 to 4 PM. (id:63159)

Values & Trends

This listing

$913/sqft

Building average

$906/sqft

1 active listing(s)

Vancouver average

$1,094/sqft

2087 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Vancouver

Monthly figures from the Fraser Valley Real Estate Board for Vancouver apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$729,200

Jul 2026

Average Sale Price

$892,419

Jul 2026

Monthly Sales

342

Jul 2026

Active Listings

2,222

Jul 2026

Sales-to-Active Ratio

15.0%

Jul 2026

Median Days to Contract

25 days

Jul 2026

MLS® HPI Benchmark Price

$820,100
$729,200
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

662,248

(2021 Census)

+4.9% since 2016

Density: 5,749.7/km²

Dwellings: 328,347

Median household income: $82,000

After-tax: $72,000

Immigrant population: 42.2%

Top countries of origin (% of total population)

  • China9.6% · 63,270
  • Philippines4.5% · 29,925
  • Hong Kong3.8% · 25,485
  • India2.2% · 14,640
  • United Kingdom1.9% · 12,895
  • Viet Nam1.8% · 12,115
  • Taiwan1.5% · 9,865
  • United States of America1.5% · 9,790

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

78

8/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Franklin School(Independent)Secondary683 m
King George SecondaryElementary809 m
Pattison High School(Independent)Secondary836 m
Lord Roberts ElementaryElementary946 m
Alexander Academy(Independent)Secondary960 m
Columbia Academy(Independent)Secondary966 m
Lowell High School(Independent)Secondary1.3 km
Anchor Point Montessori(Independent)Elementary1.3 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Eastbound W Pender St @ Jervis St55 m
Westbound W Georgia St @ Bute St98 m
Westbound W Georgia St @ Bute St104 m
Westbound W Pender St @ Bute St121 m
Eastbound W Georgia St @ Bute St185 m

Nearby Places

Restaurants (5+)

  • Express Pho · 570 Bute Street124 m
  • Green Leaf Salad Bar · 560 Bute Street127 m
  • Kiku Sushi Restaurant · 1368 West Pender Street155 m
  • Trish Juice · 1328 West Georgia Street155 m
  • Freshii · 1185 West Georgia Street166 m

Cafes (5+)

  • Starbucks · 580 Bute Street121 m
  • Melville Café · 1170 Melville Street144 m
  • Time Out Cafe · 1150 Melville Street203 m
  • JJ Bean · 1188 Alberni Street214 m
  • Abode · 1223 Robson Street259 m

Grocery (5+)

  • Urban Fare · 305 Bute Street223 m
  • Urban Fare · 1133 Alberni Street270 m
  • Fujiya · 1050 West Pender Street429 m
  • Whole Foods Market · 1675 Robson Street567 m
  • Danial Market · 1500 Barclay Street608 m

Parks (5+)

  • Coal Harbour Park186 m
  • Unnamed208 m
  • Harbour Green Park359 m
  • Portal Park447 m
  • Art Phillips Park472 m

Shopping (5+)

  • Oomomo Japan Living · 1144 Robson Street356 m
  • Muji · 1125 Robson Street362 m
  • Robson Public Market · 1610 Robson Street565 m
  • CF Pacific Centre · 701 West Georgia Street781 m
  • Holt Renfrew · 737 Dunsmuir Street793 m

Gyms (5+)

  • Fitness World · 1185 West Georgia Street141 m
  • Fit4Less · 1201 West Pender Street145 m
  • Axé Capoeira Coal Harbour · 480 Broughton Street207 m
  • Equinox · 1131 West Georgia Street263 m
  • The Well · 1579 West Georgia Street431 m

Pharmacies (5+)

  • Shoppers Drug Mart · 1202 West Pender Street106 m
  • London Drugs · 1187 Robson Street292 m
  • Bentall Pharmacy426 m
  • Shoppers Drug Mart · 748 Burrard Street592 m
  • The Pharmacy - WestEnd · 1743 Robson Street743 m

Banks & ATMs (5+)

  • GettingCrypto.com207 m
  • Scotiabank · 1205 Robson Street265 m
  • Bitcoin ATM Localcoin · 1319 Robson Street270 m
  • TD · 1177 West Hastings Street296 m
  • TD Canada Trust356 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Other Listings in This Building

Other units currently listed in the same building. 1506 1238 MELVILLE STREET

View building profile →
Built 1996

Mortgage & Ownership Cost Calculator

Minimum required: 7.0% ($57,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$663,920.00
Periodic payment — Principal & Interest (monthly)$4,283.39
Additional monthly expenses (strata, tax, utilities, etc.)$933.64
Total monthly cost$5,217.02
Interest paid over 5-yr term$190,281.38
Balance at end of term$597,198.19

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$57,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,935.72

Cash Needed at Closing

Minimum down payment$57,990
Estimated BC PTT$14,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$74,088

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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