Property Type: Condo / ApartmentOwnership: StrataRECENTLY LISTED

504 1159 MAIN STREET

Vancouver, BC V6A4B6

$799,000

2 bed2 bath2 parking1,251 sqftBuilt 1992
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Amenities

Also listed: Recreation Centre, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$808/mo
Annual property tax
$2,931.18 (2025)

Interior

Heating
Electric, Natural gas
Fireplace
None

Parking

Total spaces
2 — uncovered indicated
Features
Underground

Listing Information

MLS®
R3159134
Listed
August 26, 2026
Time on market
On the market for 5 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Grand Central Realty · Data source: CREA DDF.

Description

Newly Renovated City Gate II by BOSA, ideally situated in the heart of Vancouver just steps from the Seawall and directly across from Science World. Perched on the 5th floor, this spacious 2-bed/2-bath home offers beautiful city views and an abundance of natural light throughout. The generous floor plan provides exceptional potential, making it a fantastic opportunity to customize and create your dream space. Bright, airy, and well-laid out, this home is perfect for both comfortable living and long-term investment. Enjoy an unbeatable location just steps to Olympic Village, SkyTrain, and the new St. Paul's Hospital. Explore nearby Main Street's vibrant dining, cafes, and shopping. Residents enjoy excellent amenities including a fitness center, indoor pool and hot tub. (id:63159)

Values & Trends

This listing

$639/sqft

Building average

No other active listings in this building

Vancouver average

$1,095/sqft

2087 active listing(s)

Parking: 2 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

70

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
Columbia College(Independent)Secondary404 m
šxʷwəq̓ʷəθət Crosstown ElementaryElementary653 m
Lord Strathcona Community ElementaryElementary857 m
St Francis Xavier(Independent)Elementary976 m
Lowell High School(Independent)Secondary1.2 km
Mount Pleasant ElementaryElementary1.2 km
Columbia Academy(Independent)Secondary1.4 km
St. Patrick Regional Secondary(Independent)Secondary1.4 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
Southbound Main St @ National Ave32 m
Eastbound National Ave @ Quebec St97 m
Main Street-Science World Station @ Bay 2111 m
Northbound Main St @ National Ave124 m
Main Street-Science World Station @ Platform 1126 m

Nearby Places

Restaurants (5+)

  • Bodega · 1014 Main Street143 m
  • Donair Dude · 201 Terminal Avenue157 m
  • Machete · 1007 Main Street158 m
  • Torafuku · 958 Main Street186 m
  • Mortadella · 915 Main Street261 m

Cafes (5+)

  • Cafe Take Urban · 1019 Main Street129 m
  • Tim Hortons · 195 Terminal Avenue134 m
  • Tim Hortons · 306 Terminal Avenue313 m
  • Harvest Community Foods · 243 Union Street421 m
  • Crackle Creme423 m

Grocery (3)

  • Save-On-Foods · 1688 Salt Street568 m
  • Vegan Supply · 250 East Pender Street676 m
  • Eastend Grocers/Deli768 m

Parks (5+)

  • Thornton Park · 1166 Main Street97 m
  • Unnamed155 m
  • Creekside Park181 m
  • Creekside Park288 m
  • Concord Pacific Pop Up Park319 m

Shopping (2)

  • Chinatown Plaza532 m
  • Sun Wah Centre · 268 Keefer Street572 m

Gyms (5+)

  • Raincity Athletics · 333 Terminal Avenue389 m
  • Trainor Movement Co. · 223 Union Street409 m
  • Vancouver Fitness Club, VanFitClub · 261 Union Street439 m
  • The Program Fitness (Gym) · 747 Gore Avenue462 m
  • F45 Training · 211 East Georgia Street498 m

Pharmacies (5+)

  • IIDA Pharmacy · 1149 Main Street18 m
  • Corning Drugs · 236 East Georgia Street481 m
  • yYoung Medicine Mart482 m
  • London Drugs · 1622 Salt Street522 m
  • Pharmatrust Pharmacy · 178 Keefer Street565 m

Banks & ATMs (5+)

  • Bitcoin ATM Localcoin · 1275 Main Street92 m
  • Vancity · 183 Terminal Avenue114 m
  • Unnamed145 m
  • RBC Royal Bank · 681 Main Street514 m
  • BMO · 601 Main Street561 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($54,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,200.00
Periodic payment — Principal & Interest (monthly)$4,123.90
Additional monthly expenses (strata, tax, utilities, etc.)$1,115.69
Total monthly cost$5,239.59
Interest paid over 5-yr term$183,196.56
Balance at end of term$574,962.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,721.87

Cash Needed at Closing

Minimum down payment$54,900
Estimated BC PTT$13,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,380

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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