Home Vancouver, BC Downtown VW Terminus 506 36 Water Street

506 36 Water St, Vancouver BC - Apartment/Condo for Sale - MLS# R3168856

6 days on the market

$999,000

Est. Mortgage $4,420/mo

Listing updated: Sep 23, 2026 at 07:34pm

EstateBlock checked: Sep 27, 2026 at 07:30am

Tenuinus

2 Beds

2 Baths

1198 sqft

834 $ /sqft

888.98 $ Maint. fee

2008 built

NEW OPEN HOUSE

6 days on the market

$999,000

Est. $4,420/mo with 20% down

Listing updated: Sep 23, 2026 at 07:34pm

EstateBlock checked: Sep 27, 2026 at 07:30am

Photos

Exterior Front Photo of 506 36 Water Street, Vancouver, BC

Exterior Rear Photo of 506 36 Water Street, Vancouver, BC

Living Room Photo of 506 36 Water Street, Vancouver, BC

Family Room Photo of 506 36 Water Street, Vancouver, BC

Dining Area Photo of 506 36 Water Street, Vancouver, BC

Kitchen Photo of 506 36 Water Street, Vancouver, BC

Kitchen Island Photo of 506 36 Water Street, Vancouver, BC

Pantry Photo of 506 36 Water Street, Vancouver, BC

Breakfast Nook Photo of 506 36 Water Street, Vancouver, BC

Primary Bedroom Photo of 506 36 Water Street, Vancouver, BC

A rare Gastown loft where heritage character meets exceptional comfort. At the prestigious Terminus on Water Street, a landmark renewal by Robert Fung’s Salient Group, this expansive open-plan home features Philippe Starck-designed interiors, soaring ceilings and movable glass walls that create a private bedroom retreat. Air conditioning, triple-glazed windows and triple party walls make downtown living remarkably peaceful. A generous parking stall accommodates a car plus motorcycles or a long vehicle. The roof membrane replacement is complete and paid for. Distinctive design, remarkable quiet and room to live beautifully in the heart of Gastown.

Open houses

27 Sep, 2026 (01:00 PM to 03:00 PM)

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Elevator
Heating Type	Geothermal, Heat Pump
Cooling	Air Conditioning
# of Kitchens	1
Flooring	Hardwood
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	No Outdoor Area
View Description	City Views
Roof	Torch-On
Structures	Multi Family, Residential Attached

Building Details

Price	$999,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	1
Half Bathrooms	1
Floor Area Total (sqft)	1198
Year Built	2008
Age Of Building	18
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Caretaker, Trash, Hot Water, Management
Building Name	Tenuinus
Ownership Type	Freehold Strata
Maintenance Fee	$888.98
Community Features	Shopping Nearby
Amenities Nearby	Caretaker, Trash, Hot Water, Management
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Underground, Side Access
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Suites	None
Units In Development	46

Lot & Land

MLS^® #	R3168856
Area	Vancouver West
Neighbourhood	Downtown VW
City	Vancouver
Postal Code	V6B 0B7
Gross Taxes	$3,248.61
Zoning	HA-2

Property Timeline

Status	Date	Price
R3168856 / Active	09-21-2026	$999,000
to view full Property History (3 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	10'9 x 10'9 ft
Main Level	Kitchen	11'0 x 11'0 ft
Main Level	Dining Room	10'0 x 10'0 ft
Main Level	Primary Bedroom	12'0 x 12'0 ft
Main Level	Bedroom	11'0 x 11'0 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4
Main Level	No	#2

Listed by: RE/MAX Masters Realty

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.

Map & Neighbourhood

Public Schools

Secondary
Britannia Community Secondary School: Average 2.65 km 5/10
Elementary
Lord Strathcona Community Elementary School: Below Average 0.62 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
The Westside School: Above Average 0.89 km 8.8/10
Secondary
Sino Bright School BC: Average 0.32 km 4.3/10

Closest Transit

Bus Stop
Eastbound W Cordova St @ Carrall St: 0.13 km
Skytrain
Seabus Station @ Waterfront Stn: 0.48 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 33.2%
No Certificate/Degree: Average 12.7%
Owner Occupied: Above Average 85.8%
Employment Rate: Below Average 25.7%

Noise/ Power Lines

Road/Hwy Noise: Unlikely
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

59 / 100

Overall sell-speed score

Moderate pace expected

B+

Price competition grade

Avg comparable: $1,051,947

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Possible — near transit

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How DOWNTOWN VW compares

This property

6 DOM

Very fast

Downtown VW avg

49 DOM

Average

Vancouver avg

49 DOM

Slower market

506 36 Water Street has a sell-speed score of 59/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 5.3% 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 may take several weeks to attract serious offers.

Climate Risk for V6B 0B7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 0B7, 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 (BC ENV 2024). Nearest station: Vancouver Clark Drive, Vancouver (~3.3 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

Restaurants (289 nearby)

Waffleland café · 6 m · Restaurant
The old spaghetti factory · 33 m · Restaurant
Boneta · 50 m · Restaurant

Shopping (275 nearby)

Cos · 22 m · Clothes
Filson · 31 m · Clothes
Mosh · 32 m · Optician

Cafes (115 nearby)

L'apres midi patisserie · 54 m · Cafe
Milano espresso lounge · 151 m · Cafe
Nelson the seagull · 164 m · Cafe

Groceries (58 nearby)

Express news · 144 m · Convenience
Carrall supermarket · 166 m · Convenience
Nesters market · 172 m · Supermarket

Healthcare (20 nearby)

Omnicare pharmacy ltd · 139 m · Healthcare
London drugs · 238 m · Healthcare
Wellness pharmacy · 257 m · Healthcare

Transit (7 nearby)

Seabus station @ waterfront stn station · 483 m · Transit
West coast express @ waterfront stn station · 509 m · Transit
Skytrain @ stadium stn station · 554 m · Transit

Gyms (2 nearby)

Stretch yoga studio · 500 m · Gym
Ywca · 928 m · Gym

Schools NearBy

30 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 321 m
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	2.1 / 10	Distance 621 m
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 622 m
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	0	Distance 733 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 841 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 886 m
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 893 m
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 893 m
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 1.40 KM
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	0	Distance 1.45 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	0	Distance 1.52 KM
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 1.78 KM
Admiral Seymour Elementary School	Public	Grades Served K-7	Catchment Info —	0	Distance 1.89 KM
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 2.02 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.03 KM
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	0	Distance 2.05 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.31 KM
King George Secondary School	Public	Grades Served 8-12	Catchment Info —	6.2 / 10	Distance 2.34 KM
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 2.39 KM
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 2.40 KM
Lord Roberts Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 2.42 KM
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 2.47 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 2.54 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.65 KM
Britannia Community Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	5.0 / 10	Distance 2.65 KM
Britannia Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.66 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.67 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.71 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.94 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 3.00 KM

Walkability & Transit Near 506 36 Water Street

Car-Dependent 97

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 100

Transit Score - Rider's Paradise

World-class public transportation

Somewhat
Bikeable 96

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 506 36 Water Street

2026 assessed value, sourced from City of Vancouver open data (PID 027-759-784).

Total Assessed Value (2026)

$953,000

-4.0% YoY

-2.9%/yr over 4 yr

2022 Value Trend 2026

Land

$748,000

Buildings

$205,000

Year Built

2008

Class

Historical Area

Zoning

HA-2

Property Tax

$3,249

Year	Land	Improvements	Total Assessed	YOY Change
2026	$748,000	$205,000	$953,000	-4.0%
2025	$779,000	$214,000	$993,000	+0.6%
2024	$775,000	$212,000	$987,000	-10.0%
2023	$861,000	$236,000	$1,097,000	+2.3%
2022	$854,000	$218,000	$1,072,000	—

Mortgage Calculator for 506 36 Water Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $271

Maintenance fee 888.98

Financing 80% of the $999,000 asking price over 30 years at 4% results in approximately $4,976/month in total estimated carrying costs, $271 property tax, $889 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.

Listing data last synced: Sep 23, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

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Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

This listing generates an estimated $3,416/month in rental income, leaving a -$1,623/month cashflow at current carrying costs. Investors targeting break-even would need roughly 55% down.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 506 36 Water Street, Vancouver

Buy Vs Rent Calculator

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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.