Property Type: Condo / ApartmentOwnership: Strata

505 1006 BEACH AVENUE

Vancouver, BC V6E1T7

$918,000

2 bed2 bath1 parking981 sqftBuilt 1991
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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
$744/mo
Annual property tax
$2,572.57 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

Pool
Indoor pool

Parking

Total spaces
1

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®
R3127409
Listed
May 25, 2026
Time on market
On the market for 98 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Rennie & Associates Realty Ltd. · Data source: CREA DDF.

Description

Welcome to the stunning Beach District residence just steps from the Seawall, Aquabus, Granville Island, beaches, and some of the city's best restaurants and marinas. This beautifully updated 2-Bed, 2-Bath concrete condo offers a spacious covered balcony. The thoughtfully renovated interior features a custom kitchen with upgraded appliances, engineered hardwood flooring, custom paintwork, remote-controlled roller blinds. The primary and main bathrooms have been tastefully updated. Located in a well maintained, pet/rental friendly building with 24-hour concierge, on site manager, squash/racquetball court, gym, sauna, hot tub, and a glass-bottom indoor pool. Includes 1 parking and 1 storage locker. Virtual Tour link available! (id:63159)

Values & Trends

This listing

$936/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

17°C

Clear

Humidity 100%

Wind WNW 13 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
Anchor Point Montessori(Independent)Elementary271 m
Pattison High School(Independent)Secondary838 m
Claren Academy(Independent)Elementary917 m
Elsie Roy ElementaryElementary947 m
False Creek ElementaryElementary1.1 km
Henry Hudson ElementaryElementary1.2 km
Lord Roberts ElementaryElementary1.3 km
Lowell High School(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
Eastbound Pacific St @ Hornby St191 m
Westbound Beach Ave @ Howe St196 m
Northbound Burrard St @ Pacific St224 m
Westbound Beach Ave @ Thurlow St241 m
Eastbound Pacific St @ Thurlow St266 m

Nearby Places

Restaurants (5+)

  • Ling Kitchen & Bar · 1018 Beach Avenue63 m
  • Hoshi · 1010 Beach Avenue87 m
  • Beach Ave Bar & Grill · 1012 Beach Avenue108 m
  • GO Canada226 m
  • Osaka Sushi · 1361 Burrard Street246 m

Cafes (5+)

  • The Grind · 1006 Beach Avenue12 m
  • inBtwn Cafe · 1625 Hornby Street116 m
  • Yet's Cafe · 1312 Burrard Street292 m
  • Number e Food · 1308 Burrard Street304 m
  • The Blue Parrot Coffee · 1689 Johnston Street341 m

Grocery (5+)

  • Fresh Street Market · 1423 Continental Street280 m
  • Sashimiya · 1348 Hornby Street290 m
  • El Paisano · 931 Davie Street527 m
  • Mi Tierra Latina · 1104 Davie Street533 m
  • Farm to Table · 1312 Richards Street623 m

Parks (5+)

  • May & Lorne Brown Park180 m
  • Sunset Beach Park249 m
  • George Wainborn Park526 m
  • Vanier Park593 m
  • Unnamed620 m

Shopping (1)

  • Kids Market · 1496 Cartwright Street647 m

Gyms (5+)

  • Dynasty Gym/CrossFit Palace · 1449 Hornby Street139 m
  • Fitness World · 1214 Howe Street526 m
  • Club Viva · 428 Pacific Street665 m
  • Everyday Athletes · 1271 Homer Street715 m
  • False Creek Community Fitness Centre743 m

Pharmacies (5+)

  • London Drugs · 1431 Continental Street285 m
  • Pure Integrative Pharmacy · 1285 Hornby Street396 m
  • Yale I.D.A. Pharmacy · 1284 Granville Street506 m
  • Shoppers Drug Mart · 1295 Seymour Street538 m
  • Pharmasave · Burrard Street555 m

Banks & ATMs (5+)

  • Scotiabank · 1408 Continental Street310 m
  • Bitcoin ATM Localcoin · 1253 Burrard Street357 m
  • TD · 1200 Burrard Street459 m
  • Vancity488 m
  • RBC489 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 7.3% ($66,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$734,400.00
Periodic payment — Principal & Interest (monthly)$4,738.10
Additional monthly expenses (strata, tax, utilities, etc.)$1,006.96
Total monthly cost$5,745.06
Interest paid over 5-yr term$210,481.15
Balance at end of term$660,595.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$66,800
Stress test qualifying rate8.09%
Payment you must qualify for$6,545.43

Cash Needed at Closing

Minimum down payment$66,800
Estimated BC PTT$16,360
Legal / closing costs (typical estimate)$1,500
Total cash needed$84,660

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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