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$480,000
For Sale

#1008 501 Pacific Street, Vancouver, BC

0
beds
1
baths
408
sqft

#1008 501 Pacific Street, Vancouver, BC

Downtown VW - R3015100

Strata Plan LMS4050

Est.: $1,846/mo

Description

Live at The 501—one of Vancouver’s most sought-after buildings in a prime location steps to the Seawall, parks, transit, and Yaletown’s shops and restaurants. This efficiently laid-out studio includes 1 parking and 1 storage locker. The building offers a strong list of amenities: concierge, indoor/outdoor pool, hot tub, sauna, gym, two guest suites, lounge, media room, garden terrace with BBQ, meeting room, bike room, and a sand volleyball court. Ideal for FTBs or investors.

Price History

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DateStatusPriceChange
2024-12-15
Listed
$1,250,000

-$25,000 (-2.0%)

2024-11-28
Price Change
$1,275,000

-$24,000 (-1.8%)

2024-11-01
Listed
$1,299,000
2023-08-22
Sold
$1,150,000

-$25,000 (-2.1%)

2023-08-10
Price Change
$1,175,000

-$24,000 (-2.0%)

2023-07-15
Listed
$1,199,000
2022-03-18
Sold
$985,000

-$14,000 (-1.4%)

2022-03-05
Listed
$999,000
2021-09-12
Sold
$825,000

-$24,000 (-2.8%)

2021-08-28
Listed
$849,000

Property Details

Property TypeApartment/Condo
Style of HouseBachelor/Studio
Asking Price$480,000
Original Asking Price$480,000
Maintenance Fee$350.79
Listing DateJun 9, 2025
Days on Market10 days
Size of House408 sqft
Price per House SqFt$1,176
Maint. Fee per SqFt$0.86
Age of House26 years (1999)
Property Taxes$1,353 (2024)
Ownership InterestFreehold Strata
PID024-638-587
Seller's AgentCentury 21 In Town Realty
Buyer's Agent Commission3.2% ON THE FIRST $100,000.00 AND 1.15% ON THE BALANCE.

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Storeys (Finished)
Basement Info
Floor Area (Finished)
Renovations
Rules
Roof
Flooring
Exterior Finish
Foundation
Outdoor Features
Parking
Fireplaces
Heating
Utilities
Water Supply
Sewer
Rear Yard
Flood Plain
Zoning

Listing Details

Asking Price$480,000
Listing DateJun 9, 2025
Days on Market10 Days
MLS® NumberR3015100
Primary BrokerCentury 21 In Town Realty

Features & Amenities

✓ View (CITY)✓ Central Location
✓ Marina Nearby✓ Recreation Nearby
✓ Shopping Nearby✓ Elevator
✓ Guest Suite✓ In Unit Laundry
✓ Hot Tub✓ Washer/Dryer
✓ Dishwasher✓ Refrigerator
✓ Stove

Room Information

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RoomLevelDimensions

Assessment History

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YearTotalLandImprovementsTax

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ESTIMATED PAYMENTS

$1,846

20.0% | $96,000
30 Years
4.09%
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Nearby Schools

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Market Overview

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Active Properties

All ActiveThis Property
Apartment/Condo1,250
Median Asking Price$875,000
Median Price per SqFt$650
Median Days on Market28

Sold Properties

Dec 2024Nov 2024Dec 2023
Apartment/Condo
(% change from Dec 2023)
127.0%
(↑5.2%)
139
121
Median Selling Price
(% change from Dec 2023)
$1,375,000
(↑8.1%)
$1,368,000
$1,272,000
Median Price per SqFt
(% change from Dec 2023)
$902
(↑7.8%)
$895
$837
Median Days on Market
38
35
31
Median Discount Off Ask
2.8%
2.6%
2.2%
New Listings
365
380
398
Months of Inventory
24.8
21.7
18.5
SELLER'S
5.0BALANCED8⅓
BUYER'S

Number of Sales

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