Property Type: Condo / ApartmentOwnership: Strata

2405 550 TAYLOR STREET

Vancouver, BC V6B1R1

$1,298,880

2 bed2 bath1 parking945 sqftBuilt 2005
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Open House

Sunday, September 6

2:30 PM4:30 PM

Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$729/mo
Annual property tax
$3,125.11 (2026)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None
Appliances
All, Hot Tub

Exterior & Lot

View
View
Lot features
Central location, Private setting, Elevator

Building

Security
Smoke Detectors, Sprinkler System-Fire
Parcel ID (PID)
026-462-451

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
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®
R3156843
Listed
August 18, 2026
Time on market
On the market for 13 days
Tax assessment year
2026
Data last synced
September 1, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

Welcome to Unit 2405 at The Taylor-a rare downtown gem offering penthouse living without the markup. This stunning 2-bedroom residence features an updated layout with a full-size kitchen, spacious dining and living areas, flex space, and bedrooms thoughtfully positioned for privacy. Premium upgrades include smart LED lighting, custom closet organizers, an Italian-made Murphy Bed with integrated office, water shut-off detectors, Dedicated EV Parking, and A/C in the primary bedroom. The showstopper? A private 600+ SF wraparound rooftop patio with unobstructed False Creek and city views, plus a fully installed hot tub. With a gym, party room, EV charging, and visitor parking, all just steps from Rogers Arena, Costco, T&T, and Chinatown-this is downtown living at its peak. (id:63159)

Values & Trends

This listing

$1,374/sqft

Building average

$844/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

85

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
šxʷwəq̓ʷəθət Crosstown ElementaryElementary157 m
Lowell High School(Independent)Secondary711 m
Columbia Academy(Independent)Secondary771 m
Alexander Academy(Independent)Secondary779 m
Lord Strathcona Community ElementaryElementary953 m
Franklin School(Independent)Secondary1.0 km
Columbia College(Independent)Secondary1.1 km
Claren Academy(Independent)Elementary1.2 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 Keefer Place @ Taylor St56 m
Eastbound Keefer Place @ Taylor St73 m
Westbound W Pender St @ Carrall St107 m
Eastbound E Pender St @ Carrall St146 m
Eastbound W Pender St @ Abbott St153 m

Nearby Places

Restaurants (5+)

  • Tokyo In April · 526 Abbott Street143 m
  • NiNNiN Ramen House · 660 Abbott Street154 m
  • Calabash Bistro · 428 Carrall Street169 m
  • Taishoken · 515 Abbott Street193 m
  • Tsuki Sushi Bar · 509 Abbott Street200 m

Cafes (5+)

  • Catfé · 88 West Pender Street126 m
  • The Hestia Hearth Cafe · 628 Abbott Street140 m
  • Caveman Cafe · 88 West Pender Street148 m
  • Blenz Coffee · 603 Abbott Street164 m
  • Keto Caveman · 508 Abbott Street165 m

Grocery (5+)

  • 大統華 T&T Supermarket · 179 Keefer Place183 m
  • Nesters Market · 333 Abbott Street323 m
  • Eastend Grocers/Deli395 m
  • Vegan Supply · 250 East Pender Street522 m
  • Loblaws · 658 Homer Street625 m

Parks (5+)

  • Unnamed165 m
  • Andy Livingstone Park166 m
  • Doctor Sun Yat-Sen Park · 578 Carrall Street185 m
  • Pigeon Park (Pioneer Place) · 399 Carrall Street227 m
  • Unnamed384 m

Shopping (4)

  • International Village · 88 West Pender Street90 m
  • Chinatown Plaza328 m
  • Sun Wah Centre · 268 Keefer Street557 m
  • Harbour Centre · 555 West Hastings Street706 m

Gyms (5+)

  • Naturopathic121 m
  • Hybrid Training128 m
  • West Coast Shiatau Clinic132 m
  • Gooey Studios · 119 West Pender Street247 m
  • Dragon Boat BC · 122 East Pender Street288 m

Pharmacies (5+)

  • Rexall · 88 West Pender Street87 m
  • Wellness Pharmacy · 420 Abbott Street226 m
  • Costco Pharmacy307 m
  • Omnicare Pharmacy Ltd · 1 East Cordova Street323 m
  • Pharmatrust Pharmacy · 178 Keefer Street351 m

Banks & ATMs (5+)

  • Instacoin ATM367 m
  • Bitcoin ATM Localcoin · 109 West Cordova Street379 m
  • CIBC · 501 Main Street402 m
  • BMO · 601 Main Street411 m
  • RBC Royal Bank · 681 Main Street419 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Other Listings in This Building

Other units currently listed in the same building. 2405 550 TAYLOR STREET

View building profile →
Built 2005

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($104,888) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,039,104.00
Periodic payment — Principal & Interest (monthly)$6,703.95
Additional monthly expenses (strata, tax, utilities, etc.)$1,036.73
Total monthly cost$7,740.67
Interest paid over 5-yr term$297,810.19
Balance at end of term$934,677.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$104,888
Stress test qualifying rate8.09%
Payment you must qualify for$9,181.38

Cash Needed at Closing

Minimum down payment$104,888
Estimated BC PTT$23,978
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,366

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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