Property Type: Condo / ApartmentOwnership: Strata

503 602 CITADEL PARADE

Vancouver, BC V6B1X2

$879,900

2 bed2 bath1 parking903 sqftBuilt 2007
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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
$596/mo
Annual property tax
$2,741.61 (2026)

Interior

Heating
Baseboard heaters
Fireplace
None
Appliances
All

Exterior & Lot

Pool
Indoor pool
Lot features
Elevator

Building

Parcel ID (PID)
027-302-156

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®
R3155412
Listed
August 13, 2026
Time on market
On the market for 19 days
Tax assessment year
2026
Data last synced
September 1, 2026

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

Description

Picture summer evenings gathered around the table, friends arriving as the city lights up below. At the heart of this corner home is a 228+ sqft patio an outdoor space rarely found downtown, plus a second balcony for morning coffee or a quiet end to the day. Bright south and west exposure brings natural light inside, where new flooring, countertops, fresh paint, and a brand-new appliances make the home move-in ready. Set above a tree-lined street yet in the centre of it all, this is city living with room to breathe. Spectrum 4 is a beautifully maintained, amenity-rich and well-run building that has matured with its early issues long resolved. Within the Northeast False Creek plan, it is a compelling long-term hold. AC-install ready, though naturally cool in summer. O.H. 3:30-5:00 sat AUG29 (id:63159)

Values & Trends

This listing

$974/sqft

Building average

$940/sqft

5 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

Mainly Clear

15°C

Mainly Clear

Humidity 100%

Wind ESE 13 km/h

Today

20°

Tonight

15°

Wednesday

17°

Wednesday night

14°

Thursday

18°

Thursday night

13°

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

81

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 ElementaryElementary261 m
Lowell High School(Independent)Secondary385 m
Columbia Academy(Independent)Secondary540 m
Alexander Academy(Independent)Secondary648 m
Franklin School(Independent)Secondary853 m
Claren Academy(Independent)Elementary892 m
Pattison High School(Independent)Secondary1.1 km
Elsie Roy ElementaryElementary1.2 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
Stadium-Chinatown Station @ Platform 261 m
Stadium-Chinatown Station @ Platform 168 m
Westbound Expo Blvd @ Abbott St156 m
Northbound Cambie St @ Dunsmuir St168 m
Southbound Cambie St @ Dunsmuir St192 m

Nearby Places

Restaurants (5+)

  • Chambar · 568 Beatty Street102 m
  • Mamalee · 186 Keefer Place113 m
  • Pizzeria Ludica · 189 Keefer Place138 m
  • Captains Room142 m
  • Konica Minolta Champion's Club152 m

Cafes (5+)

  • Tim Hortons53 m
  • Jam Cafe · 556 Beatty Street122 m
  • Charisma Social Club House · 111 Keefer Place124 m
  • Pappa Roti · 193 Keefer Place131 m
  • Blenz Coffee · 603 Abbott Street166 m

Grocery (5+)

  • 大統華 T&T Supermarket · 179 Keefer Place159 m
  • Loblaws · 658 Homer Street353 m
  • Nesters Market · 333 Abbott Street424 m
  • IGA · 489 Robson Street548 m
  • H Mart · 590 Robson Street657 m

Parks (5+)

  • Saint Julien Square77 m
  • BC Hydro Plaza322 m
  • Victory Square · 200 West Hastings Street329 m
  • Unnamed395 m
  • Andy Livingstone Park413 m

Shopping (5+)

  • International Village · 88 West Pender Street272 m
  • Harbour Centre · 555 West Hastings Street620 m
  • Chinatown Plaza639 m
  • Vancouver Centre · 753 Seymour Street651 m
  • Winners · 660 Granville Street655 m

Gyms (5+)

  • West Coast Strength & Movement · 560 Beatty Street113 m
  • Hybrid Training225 m
  • Artus Shakur Personal Training · 180 West Georgia Street237 m
  • Georgia Athletic Club · 180 West Georgia Street238 m
  • West Coast Shiatau Clinic244 m

Pharmacies (5+)

  • Costco Pharmacy69 m
  • Rexall · 88 West Pender Street244 m
  • Wellness Pharmacy · 420 Abbott Street332 m
  • Pure Integrative Pharmacy · 238 Robson Street405 m
  • Omnicare Pharmacy Ltd · 1 East Cordova Street568 m

Banks & ATMs (5+)

  • Instacoin ATM335 m
  • TD379 m
  • Unnamed428 m
  • BMO · 455 West Georgia Street453 m
  • Bitcoin ATM Localcoin · 109 West Cordova Street484 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($62,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$703,920.00
Periodic payment — Principal & Interest (monthly)$4,541.45
Additional monthly expenses (strata, tax, utilities, etc.)$869.72
Total monthly cost$5,411.17
Interest paid over 5-yr term$201,745.50
Balance at end of term$633,178.32

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$62,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,281.75

Cash Needed at Closing

Minimum down payment$62,990
Estimated BC PTT$15,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$80,088

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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