201 538 Smithe St, Vancouver BC – Condo for Sale – MLS® R3160076

201 538 Smithe Street, Vancouver, British Columbia V6B 0A6

49 days on the market
$532,800
Est. Mortgage $2,357/mo
Listing updated:
EstateBlock checked:
Mode
1 Beds
1 Baths
604 sqft
882 $ /sqft
439.91 $ Maint. fee
2008 built
5.2% price reduction
49 days on the market
$532,800
$562,000
Est. $2,357/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 201 538 Smithe Street

5.2% price reduction

Bright & stylish 1-bedroom home in the heart of downtown Vancouver! This well-designed residence offers a functional open-concept layout with a modern kitchen, spacious living area, and plenty of natural light. The comfortable bedroom provides a peaceful retreat, while the generous storage unit adds valuable convenience and organization. Ideally located just steps from SkyTrain, restaurants, shopping, parks, entertainment, and everyday amenities. Whether you’re a first-time buyer, investor, or looking for a convenient downtown home, this is an excellent opportunity to enjoy the best of Vancouver’s vibrant urban lifestyle.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 1
Heating Type Baseboard
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Playground, No Outdoor Area
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $532,800
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 604
Year Built 2008
Age Of Building 18
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Trash, Maintenance Grounds, Management, Recreation Facilities, Snow Removal
Building Name Mode
Ownership Type Freehold Strata
Maintenance Fee $439.91
Community Features Shopping Nearby
Amenities Nearby Trash, Maintenance Grounds, Management, Recreation Facilities, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Suites None
Units In Development 60

Lot & Land

MLS® # R3160076
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Postal Code V6B 0A6
Gross Taxes $1,722.34
Zoning DD

Property Timeline

Status Date Price
R3160076 / Active 08-31-2026 $532,800
Rooms
Floor Type Dimensions
Main Level Living Room 10'6 x 10'6 ft
Main Level Dining Room 10'6 x 10'6 ft
Main Level Kitchen 10'6 x 10'6 ft
Main Level Bedroom 14'8 x 14'8 ft
Main Level Den 9'0 x 9'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: 1NE Collective Realty Inc.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

About the building: Mode

538 Smithe Street, Downtown VW, Vancouver

Mode building details

Building

Built
2008
Homes
60 in 7 storeys
Construction
Concrete
Title
Freehold Strata
Strata plan
BCS2557
Managed by
Remi
Parking
Garage: Underground
Lockers
Limited
Strata fee covers
ManagementHot WaterGardeningGarbage Pickup

Bylaws on record

Pets
Allowed
Cats and dogs OK, max 1
Rentals
Allowed

Market at Mode

For sale
2
Median ask
$711K
Median $/sqft
$1,073
Days on market
65
This home

$882/sqft, 17.8% below the building median of $1,073.

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map & Neighbourhood

Public Schools

Secondary
King George Secondary School
Average 1.67 km 6.2/10
Elementary
Lord Strathcona Community Elementary School
Below Average 0.7 km 2.1/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Claren Academy
Above Average 0.29 km 9/10
Secondary
Lowell High School
0.38 km

Closest Transit

Bus Stop
Northbound Seymour St @ Nelson St
0.11 km
Skytrain
Skytrain @ Vancouver City Centre Stn
0.40 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average 58.5%
No Certificate/Degree
Below Average 2.4%
Owner Occupied
Average 72.4%
Employment Rate
Below Average 25.3%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

69 / 100
Overall sell-speed score
Likely within weeks
A
Price competition grade
Avg comparable: $594,072
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.40 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How DOWNTOWN VW compares
This property
49 DOM
Average
Downtown VW avg
49 DOM
Average
Vancouver avg
49 DOM
Faster market

201 538 Smithe Street has a sell-speed score of 69/100, placing it in the "Expected to sell within weeks" band. The listing is priced 11.5% below comparable active properties in Downtown VW, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 16.1% and an area average of 49 days on market — conditions are balanced. With only 1245 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Climate Risk for V6B 0A6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 0A6, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality B / Good

Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS. Nearest station: Vancouver Clark Drive, Vancouver (~3.7 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Shopping (481 nearby)

  • Sina · 47 m · Pharmacy
  • Pandora nail & lash lounge · 54 m · Beauty Shop
  • Headspace · 62 m · Hairdresser

Restaurants (476 nearby)

  • Cibo trattoria · 55 m · Restaurant
  • Tutto · 120 m · Restaurant
  • Per se social corner · 127 m · Restaurant

Cafes (171 nearby)

  • Kafka's coffee · 71 m · Cafe
  • Starbucks · 87 m · Cafe
  • No bad days vancouver · 150 m · Cafe

Groceries (88 nearby)

  • Viti wine and lager · 55 m · Beverages
  • Foodness supermarket · 99 m · Convenience
  • Smoke & food market · 126 m · Convenience

Healthcare (23 nearby)

  • Sina · 47 m · Healthcare
  • Shoppers drug mart · 222 m · Healthcare
  • Pure integrative pharmacy · 347 m · Healthcare

Transit (9 nearby)

  • Skytrain @ vancouver city centre stn station · 397 m · Transit
  • Skytrain @ granville stn station · 528 m · Transit
  • Skytrain @ yaletown-roundhouse stn station · 548 m · Transit

Gyms (5 nearby)

  • Harbour dance centre · 199 m · Gym
  • Robert lee ymca · 499 m · Gym
  • Cycklus · 514 m · Gym

Schools NearBy

36 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Claren Academy

Independent

Grades Served

—

Catchment Info

—
9.0 / 10

Distance

287 m

Lowell High School

Independent

Grades Served

10-12

Catchment Info

—
N/A

Distance

385 m

Pattison High School

Independent

Grades Served

9-12

Catchment Info

—
N/A

Distance

402 m

The Westside School

Independent

Grades Served

K-9

Catchment Info

—
8.8 / 10

Distance

507 m

Columbia Academy

Independent

Grades Served

10-12

Catchment Info

—
N/A

Distance

528 m

Lord Strathcona Community Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
2.1 / 10

Distance

696 m

Madrona School

Independent

Grades Served

K-9

Catchment Info

—
8.3 / 10

Distance

732 m

Franklin School

Independent

Grades Served

—

Catchment Info

—
4.1 / 10

Distance

732 m

Alexander Academy

Independent

Grades Served

8-12

Catchment Info

—
6.1 / 10

Distance

785 m

Elsie Roy Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.8 / 10

Distance

795 m

Sino Bright School BC

Independent

Grades Served

10-12

Catchment Info

—
4.3 / 10

Distance

953 m

Eaton Arrowsmith School (Vancouver) Ltd

Independent

Grades Served

—

Catchment Info

—
N/A

Distance

1.31 KM

False Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

1.41 KM

False Creek Elementary

Public

Grades Served

—

Catchment Info

—
6.0 / 10

Distance

1.42 KM

Lord Roberts Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

1.59 KM

King George Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.2 / 10

Distance

1.67 KM

Canada Royal Arts High School

Independent

Grades Served

—

Catchment Info

—
4.6 / 10

Distance

1.69 KM

Queen Alexandra Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.7 / 10

Distance

1.99 KM

Columbia College

Independent

Grades Served

11-12

Catchment Info

—
N/A

Distance

1.99 KM

St. Lawrence School

Independent

Grades Served

—

Catchment Info

—
8.2 / 10

Distance

2.05 KM

VISST

Independent

Grades Served

—

Catchment Info

—
9.9 / 10

Distance

2.18 KM

Henry Hudson Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

2.20 KM

St Francis Xavier

Independent

Grades Served

—

Catchment Info

—
9.6 / 10

Distance

2.28 KM

St. Francis Xavier

Independent

Grades Served

K-7

Catchment Info

—
9.6 / 10

Distance

2.29 KM

Blessed Sacrament School

Independent

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

2.32 KM

St.Patrick Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

—
6.9 / 10

Distance

2.34 KM

St.Patrick's Elementary School

Independent

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

2.49 KM

Mount Pleasant Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.3 / 10

Distance

2.51 KM

Century High School

Independent

Grades Served

10-12

Catchment Info

—
5.7 / 10

Distance

2.53 KM

St Patrick's

Independent

Grades Served

—

Catchment Info

—
8.3 / 10

Distance

2.54 KM

Simon Fraser Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

2.58 KM

Florence Nightingale Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.0 / 10

Distance

2.80 KM

Lord Tennyson Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

2.83 KM

St. Augustine's

Independent

Grades Served

K-7

Catchment Info

—
8.9 / 10

Distance

2.86 KM

Admiral Seymour Elementary School

Public

Grades Served

K-7

Catchment Info

—
N/A

Distance

2.88 KM

Edith Cavell Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

2.93 KM

Pre-computed routes from 201 538 Smithe St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Vancouver City Centre → Waterfront
    10 min
  • Metrotown, Burnaby via Vancouver City Centre → Metrotown
    28 min
  • SFU Burnaby via Vancouver City Centre → Production Way
    35 min
  • Richmond Centre via Vancouver City Centre → Brighouse
    31 min
  • YVR Airport via Vancouver City Centre → YVR-Airport
    32 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    1 min
  • Metrotown, Burnaby via Lougheed Hwy
    12 min
  • SFU Burnaby via Gaglardi Way
    18 min
  • Richmond Centre via No. 3 Rd
    15 min
  • YVR Airport via Bridgeport / Sea Island
    12 min

Calculate your commute

201 538 Smithe St, Vancouver, BC is ideally located for commuters. The property is 0.4 km from Vancouver City Centre, with a 10 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Seymour St @ Nelson St (0.11 km). Walk Score Transit rating: Rider's Paradise (100/100).

Walkability & Transit Near 201 538 Smithe Street

Walk Score Badge
Car-Dependent 100

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 100

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
84

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 201 538 Smithe Street

2026 assessed value, sourced from City of Vancouver open data (PID 027-239-951).
Total Assessed Value (2026)
$512,000
-7.1% YoY
-1.2%/yr over 4 yr
2022 Value Trend 2026
Land
$305,000
Buildings
$207,000
Year Built
2007
Class
Comprehensive Development
Zoning
DD
Property Tax
$1,722
Year Land Improvements Total Assessed YOY Change
2026 $305,000 $207,000 $512,000
-7.1%
2025 $328,000 $223,000 $551,000
-4.0%
2024 $342,000 $232,000 $574,000
+1.8%
2023 $336,000 $228,000 $564,000
+5.0%
2022 $320,000 $217,000 $537,000 —

Mortgage Calculator for 201 538 Smithe Street

/month
Principal & Interest
Property Taxes $144
Maintenance fee 439.91
Financing 80% of the $532,800 asking price over 30 years at 4% results in approximately $2,619/month in total estimated carrying costs, $144 property tax, $440 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $1,923/month in rental income, leaving a -$749/month cashflow at current carrying costs. Investors targeting break-even would need roughly 50% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 201 538 Smithe Street, Vancouver

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —
Principal paid off by year 10 —

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Downtown VW, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $532,800
Vancouver Loading...
Downtown VW Loading...

Based on 227 comparable active apartments/condos in Downtown VW, the average asking price is $601,834. This listing is priced 11.5% below the neighbourhood average. This property is flagged as a Hot Deal (5.2% price reduction) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 201 538 Smithe Street

Walk Score Badge
Car-Dependent 100

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 100

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
84

Bike Score - Very Bikeable

Biking is convenient for most trips

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