Property Type: Condo / ApartmentOwnership: Strata

708 889 PACIFIC STREET

Vancouver, BC V6Z1C3

$718,800

1 bed1 bath0 parking583 sqftBuilt 2021
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Amenities

Gym

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
$430/mo
Annual property tax
$2,912.47 (2025)

Interior

Heating
Heat Pump, Radiant heat, Forced air
Cooling / A/C
Air Conditioned
Fireplace
None

Parking

Total spaces
0 — uncovered indicated
Features
Visitor Parking

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®
R3114728
Listed
April 22, 2026
Time on market
On the market for 131 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty Westmar · Data source: CREA DDF.

Description

Experience refined urban living at The Pacific by Grosvenor in Downtown Vancouver. This functional 1-bedroom residence showcases a functional open-concept layout and a gourmet kitchen equipped with Wolf 30" gas cooktop and oven, Sub-Zero fridge, Italian Snaidero cabinetry, Miele dishwasher, marble backsplash, and quartz countertops. Floor-to-ceiling windows invite abundant natural light throughout. Enjoy world-class amenities including 24-hour concierge, state-of-the-art fitness centre, and a landscaped terrace with outdoor dining and kitchen. Open house May 16 Sat 2:00-4:00 (id:63159)

Values & Trends

This listing

$1,233/sqft

Building average

$1,409/sqft

7 active listing(s)

Vancouver average

$1,094/sqft

2087 active listing(s)

Parking: Not indicatedStorage 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

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
Anchor Point Montessori(Independent)Elementary80 m
Pattison High School(Independent)Secondary647 m
Claren Academy(Independent)Elementary683 m
Elsie Roy ElementaryElementary770 m
False Creek ElementaryElementary1.1 km
Lowell High School(Independent)Secondary1.2 km
Lord Roberts ElementaryElementary1.3 km
Columbia Academy(Independent)Secondary1.3 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 St46 m
Northbound Burrard St @ Pacific St112 m
Southbound Burrard St @ Harwood St167 m
Westbound Beach Ave @ Howe St170 m
Southbound Granville St @ Drake St201 m

Nearby Places

Restaurants (5+)

  • Desi Indian Lounge · 1355 Hornby Street67 m
  • Giardino Restaurant · 1328 Hornby Street98 m
  • Daikichi Sushi · 1346 Burrard Street126 m
  • Osaka Sushi · 1361 Burrard Street149 m
  • Monzo Burger · 1401 Granville Street174 m

Cafes (5+)

  • Starbucks · 860 Drake Street133 m
  • Yet's Cafe · 1312 Burrard Street144 m
  • Number e Food · 1308 Burrard Street153 m
  • inBtwn Cafe · 1625 Hornby Street228 m
  • The Grind · 1006 Beach Avenue236 m

Grocery (5+)

  • Sashimiya · 1348 Hornby Street64 m
  • Fresh Street Market · 1423 Continental Street115 m
  • El Paisano · 931 Davie Street334 m
  • Farm to Table · 1312 Richards Street420 m
  • Mi Tierra Latina · 1104 Davie Street462 m

Parks (5+)

  • May & Lorne Brown Park146 m
  • Sunset Beach Park423 m
  • George Wainborn Park443 m
  • Emery Barnes Park503 m
  • Unnamed628 m

Shopping (1)

  • Kids Market · 1496 Cartwright Street762 m

Gyms (5+)

  • Dynasty Gym/CrossFit Palace · 1449 Hornby Street107 m
  • Fitness World · 1214 Howe Street297 m
  • Everyday Athletes · 1271 Homer Street503 m
  • Club Viva · 428 Pacific Street514 m
  • Pure Barre · 1128 Homer Street653 m

Pharmacies (5+)

  • London Drugs · 1431 Continental Street176 m
  • Pure Integrative Pharmacy · 1285 Hornby Street192 m
  • Yale I.D.A. Pharmacy · 1284 Granville Street274 m
  • Shoppers Drug Mart · 1295 Seymour Street314 m
  • Pharmasave · Burrard Street377 m

Banks & ATMs (5+)

  • Scotiabank · 1408 Continental Street144 m
  • Bitcoin ATM Localcoin · 1253 Burrard Street222 m
  • TD · 1200 Burrard Street286 m
  • Localcoin Bitcoin ATM · 813 Davie Street333 m
  • Unnamed406 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 6.5% ($46,880) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$575,040.00
Periodic payment — Principal & Interest (monthly)$3,709.96
Additional monthly expenses (strata, tax, utilities, etc.)$701.64
Total monthly cost$4,411.60
Interest paid over 5-yr term$164,808.12
Balance at end of term$517,250.34

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$46,880
Stress test qualifying rate8.09%
Payment you must qualify for$5,166.83

Cash Needed at Closing

Minimum down payment$46,880
Estimated BC PTT$12,376
Legal / closing costs (typical estimate)$1,500
Total cash needed$60,756

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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