Property Type: Condo / ApartmentOwnership: Strata

2601 1111 ALBERNI STREET

Vancouver, BC V6E4V2

$1,928,000

2 bed3 bath1 parking1,554 sqftBuilt 2008
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Amenities

Gym

Also listed: Restaurant, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$1,401/mo
Annual property tax
$6,811.51 (2026)

Interior

Heating
Heat Pump, Geo Thermal
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
View
Pool
Outdoor pool

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed

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

Listing Information

MLS®
R3124545
Listed
May 16, 2026
Time on market
On the market for 107 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Team 3000 Realty Ltd. · Data source: CREA DDF.

Description

Welcome to the Residences at Park Hyatt Vancouver - formerly Shangri-La - an extraordinary lifestyle awaits in this stunning 1,554 square foot luxury suite nestled in one of Vancouver's most sought-after addresses. This spacious 2-bedroom, 2.5-bathroom home has been thoughtfully designed for the discerning buyer, featuring a gourmet kitchen with top-of-the-line gas appliances, air conditioning for year-round comfort, and breathtaking views to make every sunset an unforgettable experience. Convenience is at your fingertips, with world-class luxury shopping, fine dining, and entertainment just steps away. Whether it's a night out or a peaceful evening in, this home offers a lifestyle that's both effortless and elegant. Contact your realtor today to schedule a private tour of this extraordina (id:63159)

Values & Trends

This listing

$1,241/sqft

Building average

$1,394/sqft

8 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

89

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)Secondary486 m
Pattison High School(Independent)Secondary553 m
Columbia Academy(Independent)Secondary705 m
Alexander Academy(Independent)Secondary765 m
Lowell High School(Independent)Secondary950 m
Claren Academy(Independent)Elementary1.0 km
King George SecondaryElementary1.0 km
Lord Roberts ElementaryElementary1.1 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 Georgia St @ Bute St138 m
Burrard Station @ Bay 3168 m
Westbound W Georgia St @ Burrard St173 m
Westbound W Georgia St @ Burrard St200 m
Westbound Robson St @ Bute St209 m

Nearby Places

Restaurants (5+)

  • Carlino Restaurant · 1115 Alberni Street12 m
  • The Keg · 1121 Alberni Street59 m
  • Din Tai Fung · 1132 Alberni Street65 m
  • TOUK · 1152 Alberni Street95 m
  • Joe Fortes · 777 Thurlow Street104 m

Cafes (5+)

  • Starbucks41 m
  • Deville Coffee · 745 Thurlow Street47 m
  • 49th Parallel Café & Lucky's Doughnuts · 689 Thurlow Street68 m
  • Paris Baguette · 1150 Alberni Street87 m
  • Thierry · 1059 Alberni Street126 m

Grocery (5+)

  • Urban Fare · 1133 Alberni Street59 m
  • Fujiya · 1050 West Pender Street329 m
  • IGA · 909 Burrard Street396 m
  • Urban Fare · 305 Bute Street401 m
  • ABURI Market · 609 Granville Street559 m

Parks (5+)

  • Unnamed128 m
  • Art Phillips Park251 m
  • Robson Square402 m
  • Portal Park424 m
  • Coal Harbour Park485 m

Shopping (5+)

  • Muji · 1125 Robson Street127 m
  • Oomomo Japan Living · 1144 Robson Street171 m
  • CF Pacific Centre · 701 West Georgia Street508 m
  • Holt Renfrew · 737 Dunsmuir Street554 m
  • Winners · 660 Granville Street582 m

Gyms (5+)

  • Equinox · 1131 West Georgia Street68 m
  • Fitness World · 1185 West Georgia Street175 m
  • Fit4Less · 1201 West Pender Street335 m
  • Yyoga Downtown Flow · 888 Burrard Street365 m
  • Barry's · 1035 West Pender Street379 m

Pharmacies (5+)

  • London Drugs · 1187 Robson Street189 m
  • Bentall Pharmacy259 m
  • Shoppers Drug Mart · 748 Burrard Street277 m
  • Shoppers Drug Mart · 1202 West Pender Street295 m
  • London Drugs · 710 Granville Street572 m

Banks & ATMs (5+)

  • National Bank · 1076 Alberni Street93 m
  • Coast Capital Savings · 1075 West Georgia Street117 m
  • GettingCrypto.com158 m
  • CIBC · 1036 West Georgia Street164 m
  • TD Canada Trust181 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($385,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,542,400.00
Periodic payment — Principal & Interest (monthly)$9,951.04
Additional monthly expenses (strata, tax, utilities, etc.)$2,046.25
Total monthly cost$11,997.29
Interest paid over 5-yr term$442,056.27
Balance at end of term$1,387,393.79

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$385,600
Stress test qualifying rate8.09%
Payment you must qualify for$11,860.52

Cash Needed at Closing

Minimum down payment$385,600
Estimated BC PTT$36,560
Legal / closing costs (typical estimate)$1,500
Total cash needed$423,660

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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