Property Type: Condo / ApartmentOwnership: Strata

501 28 POWELL STREET

Vancouver, BC V6A1E7

$685,000

1 bed1 bath1 parking801 sqftBuilt 1992
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$559/mo
Annual property tax
$2,659.88 (2025)

Interior

Heating
Baseboard heaters, Electric, Natural gas
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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®
R3134092
Listed
June 9, 2026
Time on market
On the market for 83 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.

Description

One of the best buildings with the best neighbours, in the best neighbourhood with an incredible, private Rooftop Patio! Situated in the heart of all the tourist action, steps from Maple Tree Square, shopping, restaurants and Crab Park. Corner unit, 1 bedroom with floor to ceiling windows, polish concrete floors, exposed ceilings and an updated kitchen. You'll enjoy vibrant views, a gas fireplace, room to work and play. Comes with 1 parking and a storage locker .. Call now! (id:63159)

Values & Trends

This listing

$855/sqft

Building average

No other active listings in this building

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

74

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 ElementaryElementary541 m
Alexander Academy(Independent)Secondary731 m
Columbia Academy(Independent)Secondary846 m
Lord Strathcona Community ElementaryElementary878 m
Lowell High School(Independent)Secondary951 m
Franklin School(Independent)Secondary1.0 km
Columbia College(Independent)Secondary1.3 km
Claren Academy(Independent)Elementary1.5 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 Cordova St @ Carrall St97 m
Westbound E Cordova St @ Columbia St102 m
Eastbound E Cordova St @ Columbia St171 m
Westbound W Hastings St @ Carrall St191 m
Eastbound W Hastings St @ Carrall St194 m

Nearby Places

Restaurants (5+)

  • Robba da Matti · 12 Powell Street13 m
  • Skewers Souvlaki Pita Bar · 26 Powell Street17 m
  • Takenaka Uni Bar · 52 Powell Street48 m
  • The Greek Gastown · 221 Carrall Street57 m
  • L'Abattoir · 217 Carrall Street58 m

Cafes (5+)

  • Milano Espresso Lounge · 36 Powell Street27 m
  • L'Apres Midi Patisserie83 m
  • Buro Coffee Bar · 10 Water Street93 m
  • Celeste Cafe · 99 Powell Street96 m
  • Nelson the Seagull · 315 Carrall Street115 m

Grocery (5+)

  • Nesters Market · 333 Abbott Street260 m
  • Eastend Grocers/Deli303 m
  • 大統華 T&T Supermarket · 179 Keefer Place475 m
  • Vegan Supply · 250 East Pender Street490 m
  • Loblaws · 658 Homer Street784 m

Parks (5+)

  • Pigeon Park (Pioneer Place) · 399 Carrall Street158 m
  • CRAB Park at Portside307 m
  • Wendy Poole Park325 m
  • Unnamed357 m
  • Doctor Sun Yat-Sen Park · 578 Carrall Street387 m

Shopping (4)

  • International Village · 88 West Pender Street376 m
  • Chinatown Plaza477 m
  • Sun Wah Centre · 268 Keefer Street594 m
  • Harbour Centre · 555 West Hastings Street625 m

Gyms (5+)

  • Gooey Studios · 306 Abbott Street215 m
  • Dragon Boat BC · 122 East Pender Street336 m
  • Iron Lab · 130 West Hastings Street351 m
  • Gooey Studios · 119 West Pender Street366 m
  • All City Athetics · 130 West Hastings Street370 m

Pharmacies (5+)

  • Omnicare Pharmacy Ltd · 1 East Cordova Street63 m
  • SRx Pharmacy · 223 Main Street280 m
  • Wellness Pharmacy · 420 Abbott Street305 m
  • Owl Drugs · 199 East Hastings Street323 m
  • Sam's Pharmacy · 465 Main Street368 m

Banks & ATMs (5+)

  • Bitcoin ATM Localcoin · 109 West Cordova Street244 m
  • RBC Royal Bank · 400 Main Street391 m
  • Unnamed401 m
  • CIBC · 501 Main Street407 m
  • Instacoin ATM410 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($43,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$548,000.00
Periodic payment — Principal & Interest (monthly)$3,535.51
Additional monthly expenses (strata, tax, utilities, etc.)$820.24
Total monthly cost$4,355.75
Interest paid over 5-yr term$157,058.38
Balance at end of term$492,927.77

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$43,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,932.91

Cash Needed at Closing

Minimum down payment$43,500
Estimated BC PTT$11,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$56,700

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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