#1502 565 Smithe Street, Vancouver, BC
Description
Discover the perfect blend of comfort & convenience in this 1-bed + den condo located centrally between Downtown & Yaletown, one of Vancouver’s most sought-after areas. This bright, open-concept layout features floor-to-ceiling windows, a modern kitchen with sleek finishes, high-end appliances, ton of built-in storage, & versatile den ideal for a work-from-home. Enjoy the luxury of concierge, secured parking stall & storage locker — rare finds in this prime location. Building amenities include fully equipped fitness facilities, 2 playground areas, rooftop hot tub, gazebos, & secure entry for peace of mind. Just steps from world-class dining, BC Place, SkyTrain, & boutique shopping, this unit offers the ultimate urban lifestyle in a vibrant, walkable community.
Price History
| Date | Status | Price | Change |
|---|---|---|---|
| 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 Type | Apartment/Condo |
| Asking Price | $629,900 |
| Original Asking Price | $629,900 |
| Maintenance Fee | $396.86 |
| Listing Date | May 23, 2025 |
| Days on Market | 25 days |
| Size of House | 535 sqft |
| Price per House SqFt | $1,177 |
| Maint. Fee per SqFt | $0.74 |
| Age of House | 16 years (2009) |
| Property Taxes | $1,707 (2024) |
| Ownership Interest | Freehold Strata |
| PID | 028-007-484 |
| Seller's Agent | Engel & Volkers Vancouver |
| Buyer's Agent Commission | 3.25% ON THE FIRST 100K, AND, 1.15% ON THE REMAINING. |
| 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 | $629,900 |
| Listing Date | May 23, 2025 |
| Days on Market | 25 Days |
| MLS® Number | R3006493 |
| Primary Broker | Engel & Volkers Vancouver |
Features & Amenities
| ✓ View (City Views) | ✓ Central Location |
| ✓ Recreation Nearby | ✓ Shopping Nearby |
| ✓ Elevator | ✓ In Unit Laundry |
| ✓ Hot Tub | ✓ Washer/Dryer |
| ✓ Dishwasher | ✓ Refrigerator |
| ✓ Stove |
Room Information
Assessment History
| Year | Land | Improvements | Total | Tax |
|---|---|---|---|---|
| 2025 | $416,000 | $170,000 | $586,000 | - |
| 2024 | $408,000 | $167,000 | $575,000 | $1,707 |
| 2023 | $441,000 | $180,000 | $621,000 | $1,727 |
| 2022 | $439,000 | $165,000 | $604,000 | $1,627 |
| 2021 | $466,000 | $175,000 | $641,000 | $1,873 |
| 2020 | $417,000 | $173,000 | $590,000 | $1,726 |
| 2019 | $474,000 | $173,000 | $647,000 | $1,657 |
| 2018 | $460,000 | $175,000 | $635,000 | $1,567 |
| 2017 | $377,000 | $175,000 | $552,000 | $1,410 |
| 2016 | $249,000 | $162,000 | $411,000 | $1,301 |
Asking Price is 7.5% higher than Assessed Value.
Mortgage Calculator
ESTIMATED PAYMENTS
$2,422
ESTIMATED PAYMENTS
$2,422
Borhan Farjoo
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Nearby Schools
| School Name | Address | Details |
|---|---|---|
Market Overview
Active Properties
| All Active | This Property | |
|---|---|---|
| Apartment/Condo | 1,250 | – |
| Median Asking Price | $875,000 | – |
| Median Price per SqFt | $650 | – |
| Median Days on Market | 28 | – |
Sold Properties
| Dec 2024 | Nov 2024 | Dec 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 |
Number of Sales
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