Property Type: Condo / ApartmentOwnership: Strata

708 384 E 1ST AVENUE

Vancouver, BC V5T0G5

$669,000

1 bed1 bath1 parking627 sqftBuilt 2016
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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
$366/mo
Annual property tax
$2,282.58 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Exterior & Lot

View
View

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®
R3140889
Listed
June 29, 2026
Time on market
On the market for 63 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage Elite West · Data source: CREA DDF.

Description

Discover true urban living at Canvas! This exquisite 1 bed, 1 bath penthouse unit boasts a large, private ROOFTOP PATIO (with gas BBQ hookup!) with panoramic views of DT & the North Shore Mountains, it provides a perfect escape from the hustle and bustle. This unit exudes elegance with a euro kitchen with gas range stove, high quality flooring, heated bathroom floor, large den, and an additional balcony off the living room. With a full sized parking stall, storage locker & bike stall, you've really got all you need! Thoughtful amenities include an art gallery, gym, workshop, and community garden, and your steps from the Dog Park, Red Truck brewing, Emily Carr, new Skytrain Line & just blocks to Olympic Village & Seawall (id:63159)

Values & Trends

This listing

$1,067/sqft

Building average

$933/sqft

2 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

48

7/9 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
St Francis Xavier(Independent)Elementary132 m
Mount Pleasant ElementaryElementary364 m
Columbia College(Independent)Secondary579 m
Florence Nightingale ElementaryElementary794 m
St. Patrick Regional Secondary(Independent)Secondary826 m
St Patrick's Elementary(Independent)Elementary986 m
Lord Strathcona Community ElementaryElementary1.4 km
Simon Fraser ElementaryElementary1.4 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 Great Northern Way @ Brunswick St56 m
Westbound Great Northern Way @ Thornton St86 m
Eastbound E 2nd Ave @ Lorne St290 m
Westbound Great Northern Way @ Carolina Street337 m
Northbound Main St @ E 5th Ave360 m

Nearby Places

Restaurants (5+)

  • Bonus Bakery · 407 Industrial Avenue324 m
  • Zarak · 2102 Main Street362 m
  • ELEM · 2110 Main Street366 m
  • Giusti Restaurant · 209 East 6th Avenue371 m
  • Nuba · 146 East 3rd Avenue439 m

Cafes (5+)

  • Nemesis Coffee · 555 Great Northern Way231 m
  • Kranky Café · 228 East 4th Avenue277 m
  • Sula Cafe · 260 East 5th Avenue281 m
  • Hiyori Coffee · 279 East 6th Avenue329 m
  • Kafka · 577 Great Northern Way397 m

Grocery (5+)

  • Sakuraya Japanese Supermarket · 517 East Broadway560 m
  • Kim's Mart · 519 East Broadway563 m
  • Save-On-Foods · 370 East Broadway570 m
  • PriceSmart Foods · 288 East Broadway584 m
  • Jood Halal Meats And Grocery · 757 East Broadway775 m

Parks (5+)

  • Unnamed27 m
  • Guelph Park360 m
  • Carolina Park368 m
  • Unnamed459 m
  • Main and 7th Park · 2299 Main Street488 m

Gyms (5+)

  • Lykopis Archery · 2180 Main Street389 m
  • Pilates Process · 365 East Broadway490 m
  • Gracie Barra · 2440 Main Street557 m
  • Raincity Athletics · 333 Terminal Avenue575 m
  • Rumble Boxing Studio · 168 Kingsway598 m

Pharmacies (5+)

  • Pharmasave · 2140 Main Street379 m
  • Indigo Pharmacy Mid-Main · 2205 Main Street444 m
  • yYoung Medicine Mart485 m
  • Mt Pleasant Pharmacy · 93 Kingsway533 m
  • La Madonna · 428 East Broadway542 m

Banks & ATMs (5+)

  • RBC519 m
  • GVC Credit Union · 370 East Broadway541 m
  • Bitcoin ATM Localcoin · 1275 Main Street771 m
  • Unnamed776 m
  • Vancity · 183 Terminal Avenue785 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 6.3% ($41,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$535,200.00
Periodic payment — Principal & Interest (monthly)$3,452.93
Additional monthly expenses (strata, tax, utilities, etc.)$587.02
Total monthly cost$4,039.94
Interest paid over 5-yr term$153,389.86
Balance at end of term$481,414.13

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$41,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,822.18

Cash Needed at Closing

Minimum down payment$41,900
Estimated BC PTT$11,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$54,780

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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