Property Type: Condo / ApartmentOwnership: Strata

506 989 BEATTY STREET

Vancouver, BC V6Z3C2

$715,000

1 bed1 bath1 parking732 sqftBuilt 2004
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Amenities

Gym

Also listed: Guest Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$544/mo
Annual property tax
$2,335.58 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View

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®
R3146016
Listed
July 14, 2026
Time on market
On the market for 48 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

One bedroom + 2 DENS! at the NOVA building in the heart of Yaletown! This bright and spacious corner unit features one bedroom and two dens, offering a versatile layout perfect for working from home or a junior 2nd bedroom. The open-concept design seamlessly connects the kitchen, dining, and living areas, while floor-to-ceiling windows bathe the space in natural light. The bedroom is tucked away for privacy and features ample storage. Enjoy the convenience of 1 parking space and 1 storage locker. Building amenities include a gym, yoga room, hot tub, steam room, party room, and guest suite. Just steps from Yaletown´s best shopping, dining, and entertainment, with BC Place, Rogers Arena, and the Seawall all within walking distance. (id:63159)

Values & Trends

This listing

$977/sqft

Building average

$915/sqft

1 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

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
Claren Academy(Independent)Elementary350 m
Lowell High School(Independent)Secondary394 m
Elsie Roy ElementaryElementary577 m
Columbia Academy(Independent)Secondary772 m
šxʷwəq̓ʷəθət Crosstown ElementaryElementary819 m
Pattison High School(Independent)Secondary825 m
Alexander Academy(Independent)Secondary1.0 km
Anchor Point Montessori(Independent)Elementary1.0 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 Nelson St @ Cambie St50 m
Northbound Cambie St @ Nelson St70 m
Southbound Cambie St @ Nelson St102 m
Westbound Expo Blvd @ Nelson St132 m
Northbound Smithe St @ Expo Blvd156 m

Nearby Places

Restaurants (5+)

  • Pho Khanh Express · 910 Beatty Street118 m
  • Fresh Sushi · 909 Expo Boulevard137 m
  • Club Kitchen145 m
  • La Terrazza · 1088 Cambie Street153 m
  • Moltaqa · 1002 Mainland Street161 m

Cafes (5+)

  • 7Days Coffee · 920 Beatty Street104 m
  • Cafe Dilli · 191 Smithe Street157 m
  • Sharetea · 1020 Mainland Street179 m
  • Rocanini · 863 Beatty Street193 m
  • Field & Social · 1030 Mainland Street201 m

Grocery (5+)

  • Urban Fare · 177 Davie Street343 m
  • Nesters Market · 990 Seymour Street461 m
  • IGA · 489 Robson Street474 m
  • Choices Market · 1202 Richards Street524 m
  • H Mart · 590 Robson Street539 m

Parks (5+)

  • Ring Gear171 m
  • Yaletown Park195 m
  • Helmcken Park221 m
  • Coopers' Park · 1020 Marinaside Crescent337 m
  • Rainbow Park (sθәqәlxenәm ts'exwts'áxwi7) · 872 Richards Street394 m

Shopping (1)

  • Vancouver Centre · 753 Seymour Street676 m

Gyms (5+)

  • Rize Fitness · 188 Smithe Street118 m
  • Sculpt Studio · 1083 Cambie Street159 m
  • Rumble Boxing · 968 Expo Boulevard165 m
  • Precision Athletics · 858 Beatty Street199 m
  • Barre Fitness · 1038 Mainland Street208 m

Pharmacies (5+)

  • Shoppers Drug Mart · 1006 Homer Street264 m
  • Pure Integrative Pharmacy · 238 Robson Street296 m
  • Sina · 505 Smithe Street421 m
  • The Pharmacy Yaletown · 1251 Pacific Street475 m
  • Granville Pharmacy · 1146 Granville Street631 m

Banks & ATMs (5+)

  • BMO · 1004 Hamilton Street212 m
  • TD · 1001 Hamilton Street240 m
  • RBC Royal Bank · 996 Homer Street264 m
  • Bitcoin ATM Coinsite · 1168 Pacific Boulevard314 m
  • CIBC · 1096 Homer Street324 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Other Listings in This Building

Other units currently listed in the same building. 506 989 BEATTY STREET

View building profile →
Built 2004

Mortgage & Ownership Cost Calculator

Minimum required: 6.5% ($46,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$572,000.00
Periodic payment — Principal & Interest (monthly)$3,690.35
Additional monthly expenses (strata, tax, utilities, etc.)$775.63
Total monthly cost$4,465.98
Interest paid over 5-yr term$163,936.84
Balance at end of term$514,515.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$46,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,140.53

Cash Needed at Closing

Minimum down payment$46,500
Estimated BC PTT$12,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$60,300

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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