$1,450,000

PH 602 12 WATER STREET

Vancouver BC V6B 1A5 - Downtown VW
2 bd
2 ba
1,022 sqft
Built 2009

About This Property

Architecturally designed 2-bed, 2-bath penthouse in Gastown's iconic The Garage with rare LIVE/WORK zoning. Floor-to-ceiling south and east-facing windows offer sweeping city views, while exposed concrete, wide-plank BC fir floors and custom millwork create a refined, contemporary feel. Folding glass doors open to the balcony, and the chef's kitchen…

Features

Elevator
Balcony
Underground
Lane Access
Garage Door Opener
Shopping Nearby
Room measurements4 rooms▸
Primary BedroomMain · 10'8 × 11'4
BedroomMain · 11'1 × 11'6
DenMain · 5'2 × 8'2
Living RoomMain · 17'2 × 20'2

Property Details

MLS NumberR3163288
Property TypeApartment/Condo
Bedrooms2
Bathrooms2
Square Feet1,022
Year Built2009
Parking Spaces2
HeatingForced Air
Strata Fee$747.31/mo
Days on Market63
StatusActive
Listed ByOakwyn Realty Ltd.

School Catchment

Elementary Crosstown
Secondary Britannia

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$690,000Median home value
$50,000Median household income
21.9%Owner-occupied
0%Single-detached homes
1.4Avg household size
40.8Median age
43.6%Bachelor's degree or higher (25-64)
71.5%Commute under 30 min
29.4%Drive to work
25.5%Foreign-born residents
5,200Neighbourhood population

Age

Under 15: 5.1%15 to 64: 82.9%65 and over: 12%
  • Under 155.1%
  • 15 to 6482.9%
  • 65 and over12%

Household size

  • 1 person69.2%
  • 224%
  • 33.9%
  • 41.9%
  • 5 or more1%

Language spoken at home

68.6% English mother tongue

  • Spanish3.6%
  • French3.2%
  • English + other2.4%
  • Mandarin1.8%
  • Cantonese1.7%
  • Portuguese1.6%
  • All others17.1%

Mother tongue, share of 4,880 residents.

How this pocket differs

  • more seniors 65+ than Downtown VW 12% vs 8.3%
  • fewer 4-person households than Downtown VW 1.9% vs 2.5%
  • more people living alone than Downtown VW 69% vs 56.1%
  • fewer Spanish speakers than Downtown VW 3.6% vs 4.9%
  • Median household income is notably lower than Metro Vancouver $50,000 vs $90,000
  • Median dwelling value is notably lower than Metro Vancouver $690,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Monthly Cost Calculator

Estimated monthly cost $7,991
Mortgage payment$6,654
Strata fee$747
Property tax$525
Home insurance$65
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Nov 6

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