$925,000
By car (off-peak)
Sold
205 4685 Valley Drive, Vancouver, BC
2
Beds
2
Baths
1072
sqft
2003
built
502 1255 Main St, Vancouver BC V6A 4G5 – Condo for Sale – MLS® R3162146
502 1255 Main Street, Vancouver, British Columbia V6A 4G5
56 days on the market
$875,000
Est. Mortgage $3,871/mo
Listing updated:
EstateBlock checked:
Station Place
2
Beds
2
Baths
1221
sqft
717
$
/sqft
736.27
$
Maint. fee
1996
built
5.4% price reduction
Photos
Property Details for 502 1255 Main Street
5.4% price reduction
Bright NE corner unit overlooking Thornton Park with North Shore mountain views. Natural light fills the living room, with a cozy gas fireplace and separate solarium/den. Functional 2-bed, 2-bath layout, laminate in living areas, carpet in bedrooms. Gourmet kitchen with quartz counters, stainless appliances, center island flowing into formal dining. Primary bedroom has ensuite with standing shower. In-suite laundry, storage locker, one parking stall, second rentable from strata. Concrete BOSA building offers gym, lounge, playground, infrared sauna, and rooftop BBQ terrace over False Creek. Steps to Seawall, Olympic Village, Science World, future St. Pauls Hospital, SkyTrain, Chinatown, Downtown. Move-in ready — perfect for couples, families, professionals, downsizers, investors!
Interior Features
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Interior Features | Elevator, Storage |
| Fireplace | 1 |
| Heating Type | Electric, Natural Gas |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Laminate, Mixed, Tile |
| Foundation | Block, Concrete Perimeter |
Exterior Features
| Exterior Features | Garden, Playground |
|---|---|
| View Description | Mountain & Park |
| Structures | Multi Family, Residential Attached |
Building Details
| Price | $875,000 |
|---|---|
| Total Bedrooms | 2 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1221 |
| Year Built | 1996 |
| Age Of Building | 30 |
| Building Type | Apartment/Condo |
| Property Type | Residential |
| Stories | 1 |
| Building Amenities | Bike Room, Clubhouse, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal |
| Building Name | Station Place |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $736.27 |
| Community Features | Shopping Nearby |
| Amenities Nearby | Bike Room, Clubhouse, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer |
| Water (WaterSource) | Public |
| Parking Type | Additional Parking, Underground, Guest, Front Access, Rear Access |
| Total Parking Spaces | 1 |
| Strata Restrictions | Pets Allowed,Rentals Allowed |
| Pet Restrictions | Cats OK, Dogs OK, Number Limit (Two), Yes |
Lot & Land
| MLS® # | R3162146 |
|---|---|
| Area | Vancouver East |
| Neighbourhood | Downtown VE |
| City | Vancouver |
| Postal Code | V6A 4G5 |
| Gross Taxes | $2,879.54 |
| Zoning | CD-1 |
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 4'1 x 4'1 ft |
| Main Level | Kitchen | 10'2 x 10'2 ft |
| Main Level | Living Room | 12'9 x 12'9 ft |
| Main Level | Family Room | 10'6 x 10'6 ft |
| Main Level | Dining Room | 12'1 x 12'1 ft |
| Main Level | Primary Bedroom | 12'7 x 12'7 ft |
| Main Level | Bedroom | 9'3 x 9'3 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Main Level | Yes | #3 |
Listed by: Macdonald Realty Westmar
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: Station Place
1255 Main Street, Downtown VE, Vancouver
Station Place building detailsBuilding
- Built
- 1996
- Homes
- 75
- Construction
- Concrete
- Title
- Freehold Strata
- Strata plan
- LMS2327
- Managed by
- First Services Management
- Parking
- Garage: Underground
- Lockers
- Limited
- Strata fee covers
Bylaws on record
- Pets
- Allowed
- Cats and dogs OK, max 2
- Rentals
- Allowed
Market at Station Place
- For sale
- 1
- Median ask
- $875K
- Median $/sqft
- $717
- Days on market
- 56
- Sold, past year
- 1
This home
$717/sqft, in line with the building median of $717.
From MLS® and public strata records. Verify against the current Form B and registered bylaws.
Map & Neighbourhood
Public Schools
- Secondary
- Britannia Community Secondary School
- Average 2.18 km
- Elementary
- Lord Strathcona Community Elementary School
- Below Average 1.51 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary
- St. Francis Xavier
- Above Average 0.86 km
- Secondary
- Columbia College
- 0.44 km
Closest Transit
- Bus Stop
- Main Street-Science World Station @ Bay 2
- 0.05 km
- Skytrain
- Skytrain @ Main Street Stn
- 0.06 km
Crime Rate
- Total Crime Rate
- Average
- Violent Crime Rate
- Below Average
- Property Crime Rate
- Above Average
Demographics
- Post-Secondary Education
- Above Average 56.5%
- No Certificate/Degree
- Below Average 3.6%
- Owner Occupied
- Average 70.6%
- Employment Rate
- Below Average 36.5%
Noise/ Power Lines
- Road/Hwy Noise
- Possible
- Railway/Sky train Noise
- Possible
- 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
61 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $950,250
—
Market conditions
Market conditions unavailable
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Possible — near transit
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 VE compares
This property
56 DOM
Downtown VE avg
—
Vancouver avg
—
502 1255 Main Street has a sell-speed score of 61/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 8.6% below comparable active properties in Downtown VE, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Climate Risk for V6A 4G5
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6A 4G5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Flood
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Fire
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
Annual avg PM2.5 5.1 µg/m³ — meets Canada's CAAQS. Nearest station: Vancouver Clark Drive, Vancouver (~2.2 km). Annual avg AQHI 2.2 — Low Risk.
Heat
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
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
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 (124 nearby)
- Iida pharmacy · 103 m · Pharmacy
- Hertz · 169 m · Car Rental
- Yyoung medicine mart · 395 m · Pharmacy
Restaurants (119 nearby)
- A&w · 49 m · Fast Food
- Donair dude · 78 m · Restaurant
- Subway · 138 m · Fast Food
Cafes (39 nearby)
- Tim hortons · 49 m · Cafe
- Cafe take urban · 216 m · Cafe
- Amato gelato & cafè · 435 m · Cafe
Groceries (38 nearby)
- Main food store · 26 m · Convenience
- Vibe & bite · 268 m · Convenience
- Save-on-foods · 509 m · Supermarket
Healthcare (16 nearby)
- Iida pharmacy · 103 m · Healthcare
- Yyoung medicine mart · 395 m · Healthcare
- London drugs · 468 m · Healthcare
Transit (3 nearby)
- Skytrain @ main street stn station · 57 m · Transit
- Bus stop eastbound w 2nd ave @ columbia st · 839 m · Transit
- Skytrain @ stadium stn station · 977 m · Transit
Gyms (1 nearby)
- Stretch yoga studio · 749 m · Gym
Schools NearBy
45 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Columbia College |
Independent |
Grades Served11-12
|
Catchment Info—
|
Distance444 m
|
|
St. Francis Xavier |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance865 m
|
|
St Francis Xavier |
Independent |
Grades Served—
|
Catchment Info—
|
Distance871 m
|
|
The Westside School |
Independent |
Grades ServedK-9
|
Catchment Info—
|
Distance1.05 KM
|
|
Mount Pleasant Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.15 KM
|
|
Lowell High School |
Independent |
Grades Served10-12
|
Catchment Info—
|
Distance1.21 KM
|
|
St.Patrick Regional Secondary School |
Independent |
Grades Served8-12
|
Catchment Info—
|
Distance1.35 KM
|
|
Sino Bright School BC |
Independent |
Grades Served10-12
|
Catchment Info—
|
Distance1.37 KM
|
|
Columbia Academy |
Independent |
Grades Served10-12
|
Catchment Info—
|
Distance1.49 KM
|
|
Eaton Arrowsmith School (Vancouver) Ltd |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.51 KM
|
|
Lord Strathcona Community Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
Distance1.51 KM
|
|
St.Patrick's Elementary School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance1.54 KM
|
|
St Patrick's |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.54 KM
|
|
Florence Nightingale Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.54 KM
|
|
Claren Academy |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.57 KM
|
|
Admiral Seymour Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.57 KM
|
|
Alexander Academy |
Independent |
Grades Served8-12
|
Catchment Info—
|
Distance1.58 KM
|
|
Elsie Roy Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.62 KM
|
|
Madrona School |
Independent |
Grades ServedK-9
|
Catchment Info—
|
Distance1.80 KM
|
|
Franklin School |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.80 KM
|
|
Simon Fraser Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.90 KM
|
|
Pattison High School |
Independent |
Grades Served9-12
|
Catchment Info—
|
Distance1.95 KM
|
|
Canada Royal Arts High School |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.00 KM
|
|
False Creek Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.03 KM
|
|
False Creek Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.04 KM
|
|
Britannia Community Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.12 KM
|
|
Britannia Community Secondary School |
Public |
Grades Served8-12
|
Catchment InfoIn Catchment
|
Distance2.18 KM
|
|
Blessed Sacrament School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.20 KM
|
|
Charles Dickens Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.41 KM
|
|
Queen Victoria Annex |
Public |
Grades ServedK-5
|
Catchment Info—
|
Distance2.55 KM
|
|
David Livingstone Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.55 KM
|
|
St Francis of Assisi |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.58 KM
|
|
Edith Cavell Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.61 KM
|
|
Queen Alexandra Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.66 KM
|
|
St. Lawrence School |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.73 KM
|
|
St.Joseph's School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.86 KM
|
|
Stratford Hall School |
Independent |
Grades ServedK-12
|
Catchment Info—
|
Distance2.87 KM
|
|
Charles Dickens Annex |
Public |
Grades ServedK-3
|
Catchment Info—
|
Distance2.89 KM
|
|
Stratford Hall |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.90 KM
|
|
General Wolfe Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.92 KM
|
|
Tyee Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.95 KM
|
|
VISST |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.96 KM
|
|
Templeton Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
Distance2.96 KM
|
|
Lord Nelson Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.98 KM
|
|
Lord Nelson Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.99 KM
|
Pre-computed routes from 502 1255 Main St, Vancouver, BC
502 1255 Main St, Vancouver, BC
10 min
Downtown Vancouver
By transit (Skytrain)
-
Downtown Vancouver via Main Street → Waterfront10 min
-
Metrotown, Burnaby via Main Street → Metrotown16 min
-
SFU Burnaby via Main Street → Production Way23 min
-
Richmond Centre via Main Street → Brighouse35 min
-
YVR Airport via Main Street → YVR-Airport36 min
By car (off-peak)
-
Downtown Vancouver via HWY 1 / Grandview2 min
-
Metrotown, Burnaby via Lougheed Hwy11 min
-
SFU Burnaby via Gaglardi Way16 min
-
Richmond Centre via No. 3 Rd14 min
-
YVR Airport via Bridgeport / Sea Island13 min
Calculate your commute
502 1255 Main St, Vancouver, BC is ideally located for commuters. The property is 0.1 km from Main Street, with a 10 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Main Street-Science World Station @ Bay 2 (0.05 km). Walk Score Transit rating: Rider's Paradise (95/100).
Walkability & Transit Near 502 1255 Main Street
Car-Dependent
98
Walk Score - Walker's Paradise
Daily errands do not require a car
Some Transit
95
Transit Score - Rider's Paradise
World-class public transportation
Somewhat
Bikeable 100
Bikeable 100
Bike Score - Biker's Paradise
Daily errands can be accomplished on a bike
BC Assessment Value — 502 1255 Main Street
2026 assessed value, sourced from City of Vancouver open data (PID 023-359-439).
$856,000
-6.3% YoY
+1.1%/yr over 4 yr
2022
Value Trend
2026
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $623,000 | $233,000 | $856,000 |
-6.3%
|
| 2025 | $666,000 | $248,000 | $914,000 |
+2.8%
|
| 2024 | $647,000 | $242,000 | $889,000 |
-1.0%
|
| 2023 | $654,000 | $244,000 | $898,000 |
+9.8%
|
| 2022 | $530,000 | $288,000 | $818,000 | — |
Mortgage Calculator for 502 1255 Main Street
/month
Principal & Interest
Property Taxes
$240
Maintenance fee
736.27
Financing 80% of the $875,000 asking price over 30 years at 4% results in approximately $4,318/month in total estimated carrying costs, $240 property tax, $736 maintenance fee.
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 $2,993/month in rental income, leaving a -$1,381/month cashflow at current carrying costs. Investors targeting break-even would need roughly 54% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Estateblock Rent Estimate for 502 1255 Main Street, Vancouver
Buy Vs Rent Calculator
—
/ month
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 VE, Vancouver
This Home
$875,000
Vancouver
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Downtown VE
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Based on 9 comparable active apartments/condos in Downtown VE, the average asking price is $957,833. This listing is priced 8.6% below the neighbourhood average. This property is flagged as a Hot Deal (5.4% 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
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
About EstateBlock · Who reviews our guides
