506 55 E Cordova St, Vancouver BC - Apartment/Condo for Sale - MLS# R3163485

18 days on the market
$750,000
Est. Mortgage $3,318/mo
Listing updated:
EstateBlock checked:
Koret Loft
1 Beds
2 Baths
1011 sqft
742 $ /sqft
603.42 $ Maint. fee
2006 built
18 days on the market
$750,000
Est. $3,318/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 506 55 E Cordova Street

Koret Loft-an iconic historic building in the heart of Gastown, originally built in the early 1900's was once a hardware & building supplies warehouse. Almost 100 years later, it is now a collection of live-work loft spaces, with exposed brick & wood beams throughout keeping the original character of the building intact. Each unit is unique & reflect an eclectic mix of authenticity & personalities. This unit features a dramatic over-height ceiling of 20 ft., oversized wood frame windows with views towards the Port Vancouver, spacious unit with 1.5 bath & a hidden built-in ladder to over 200sq.ft of loft storage space. Recent updates include newer stainless steel appliances, hot water-on-demand system. This unit comes with 1 secured parking. Come, create & realize your dream space today!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator
Fireplace 1
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Mixed
Foundation Block

Exterior Features

Exterior Features No Outdoor Area
View Description CITY
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $750,000
Total Bedrooms 1
Total Bathrooms 2
Full Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1011
Year Built 2006
Age Of Building 20
Building Type Apartment/Condo
Property Type Residential
Architecture Style Loft/Warehouse Conv.
Stories 1
Building Amenities Maintenance Grounds, Gas, Management
Building Name Koret Loft
Ownership Type Freehold Strata
Maintenance Fee $603.42
Community Features Shopping Nearby
Amenities Nearby Maintenance Grounds, Gas, Management
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Suites None
Units In Development 118

Lot & Land

MLS® # R3163485
Area Vancouver East
Neighbourhood Downtown VE
City Vancouver
Postal Code V6A 0A5
Gross Taxes $2,810
Zoning HA-2 H

Property Timeline

Status Date Price
R3163485 / Active 09-09-2026 $750,000
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 11'5 x 11'5 ft
Main Level Dining Room 13'1 x 13'1 ft
Main Level Kitchen 11'7 x 11'7 ft
Main Level Bedroom 12'11 x 12'11 ft
Main Level Walk-In Closet 4' x 4' ft
Main Level Den 10'5 x 10'5 ft
Above Level Loft 14'2 x 14'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Main Level Yes #4

Listed by: Dexter 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 2.48 km 5/10
Elementary
Lord Strathcona Community Elementary School
Below Average 0.78 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 0.91 km 8.8/10
Secondary
Sino Bright School BC
Average 0.49 km 4.3/10

Closest Transit

Bus Stop
Eastbound W Cordova St @ Carrall St
0.09 km
Skytrain
Skytrain @ Stadium Stn
0.58 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
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

58 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $855,750
—
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.58 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How DOWNTOWN VE compares
This property
18 DOM
Listed
Downtown VE avg
—
—
Vancouver avg
—
—

506 55 E Cordova Street has a sell-speed score of 58/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 14.1% 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 0A5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6A 0A5, 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 (~3.1 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 (242 nearby)

  • Gastronomy gastown · 47 m · Restaurant
  • Tekkaba · 54 m · Restaurant
  • Di beppe · 81 m · Restaurant

Shopping (235 nearby)

  • Casa hair studio · 30 m · Hairdresser
  • Omnicare pharmacy ltd · 54 m · Pharmacy
  • Community thrift & vintage · 83 m · Clothes

Cafes (98 nearby)

  • Milano espresso lounge · 79 m · Cafe
  • Nelson the seagull · 85 m · Cafe
  • East van roasters · 88 m · Cafe

Groceries (55 nearby)

  • Carrall supermarket · 56 m · Convenience
  • Vancity corner store · 120 m · Convenience
  • Bazaar smoke & convenience · 182 m · Convenience

Healthcare (20 nearby)

  • Omnicare pharmacy ltd · 54 m · Healthcare
  • Srx pharmacy · 261 m · Healthcare
  • Owl drugs · 274 m · Healthcare

Transit (6 nearby)

  • Skytrain @ stadium stn station · 576 m · Transit
  • Bus stop northbound gore ave @ e georgia st · 613 m · Transit
  • Seabus station @ waterfront stn station · 666 m · Transit

Gyms (1 nearby)

  • Stretch yoga studio · 315 m · Gym

Schools NearBy

31 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

493 m

Lord Strathcona Community Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
2.1 / 10

Distance

776 m

Alexander Academy

Independent

Grades Served

8-12

Catchment Info

—
6.1 / 10

Distance

789 m

Columbia Academy

Independent

Grades Served

10-12

Catchment Info

—
0

Distance

867 m

Lowell High School

Independent

Grades Served

10-12

Catchment Info

—
0

Distance

902 m

The Westside School

Independent

Grades Served

K-9

Catchment Info

—
8.8 / 10

Distance

907 m

Madrona School

Independent

Grades Served

K-9

Catchment Info

—
8.3 / 10

Distance

1.06 KM

Franklin School

Independent

Grades Served

—

Catchment Info

—
4.1 / 10

Distance

1.06 KM

Columbia College

Independent

Grades Served

11-12

Catchment Info

—
0

Distance

1.35 KM

Claren Academy

Independent

Grades Served

—

Catchment Info

—
9.0 / 10

Distance

1.46 KM

Pattison High School

Independent

Grades Served

9-12

Catchment Info

—
0

Distance

1.57 KM

Admiral Seymour Elementary School

Public

Grades Served

K-7

Catchment Info

—
0

Distance

1.73 KM

Elsie Roy Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.8 / 10

Distance

1.81 KM

St. Francis Xavier

Independent

Grades Served

K-7

Catchment Info

—
9.6 / 10

Distance

1.86 KM

St Francis Xavier

Independent

Grades Served

—

Catchment Info

—
9.6 / 10

Distance

1.87 KM

Eaton Arrowsmith School (Vancouver) Ltd

Independent

Grades Served

—

Catchment Info

—
0

Distance

2.02 KM

Mount Pleasant Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.3 / 10

Distance

2.16 KM

St.Patrick Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

—
6.9 / 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

2.41 KM

Britannia Community Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
5.0 / 10

Distance

2.48 KM

Britannia Community Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.9 / 10

Distance

2.49 KM

King George Secondary School

Public

Grades Served

8-12

Catchment Info

—
6.2 / 10

Distance

2.51 KM

St.Patrick's Elementary School

Independent

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

2.52 KM

Canada Royal Arts High School

Independent

Grades Served

—

Catchment Info

—
4.6 / 10

Distance

2.52 KM

St Patrick's

Independent

Grades Served

—

Catchment Info

—
8.3 / 10

Distance

2.54 KM

Florence Nightingale Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.0 / 10

Distance

2.56 KM

Lord Roberts Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

2.58 KM

Simon Fraser Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

2.83 KM

St Francis of Assisi

Independent

Grades Served

K-7

Catchment Info

—
8.9 / 10

Distance

2.84 KM

Blessed Sacrament School

Independent

Grades Served

K-7

Catchment Info

—
8.0 / 10

Distance

2.94 KM

Pre-computed routes from 506 55 E Cordova St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Stadium → Waterfront
    14 min
  • Metrotown, Burnaby via Stadium → Metrotown
    24 min
  • SFU Burnaby via Stadium → Production Way
    31 min
  • Richmond Centre via Stadium → Brighouse
    39 min
  • YVR Airport via Stadium → YVR-Airport
    40 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
    17 min
  • Richmond Centre via No. 3 Rd
    16 min
  • YVR Airport via Bridgeport / Sea Island
    14 min

Calculate your commute

506 55 E Cordova St, Vancouver, BC is ideally located for commuters. The property is 0.6 km from Stadium, with a 14 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound W Cordova St @ Carrall St (0.09 km). Walk Score Transit rating: Rider's Paradise (100/100).

Walkability & Transit Near 506 55 E Cordova Street

Walk Score Badge
Car-Dependent 98

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
99

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 506 55 E Cordova Street

2026 assessed value, sourced from City of Vancouver open data (PID 026-806-282).
Total Assessed Value (2026)
$809,000
-9.8% YoY
-3.6%/yr over 4 yr
2022 Value Trend 2026
Land
$655,000
Buildings
$154,000
Year Built
2006
Class
Historical Area
Zoning
HA-2
Property Tax
$2,735
Year Land Improvements Total Assessed YOY Change
2026 $655,000 $154,000 $809,000
-9.8%
2025 $726,000 $171,000 $897,000
-4.1%
2024 $757,000 $178,000 $935,000
-4.4%
2023 $791,000 $187,000 $978,000
+4.4%
2022 $739,000 $198,000 $937,000 —

Mortgage Calculator for 506 55 E Cordova Street

/month
Principal & Interest
Property Taxes $234
Maintenance fee 603.42
With a 20% down payment, buyers can expect an estimated $3,701/month in total housing costs on this $750,000 property — $2,864 mortgage payment, $234 property tax, $603 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $2,636/month estimated rent and $3,762/month in total housing costs, this property has a -$1,126/month cashflow. Break-even down payment: approximately 52%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 506 55 E Cordova Street, Vancouver

Buy Vs Rent Calculator

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

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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.

Price vs Neighbourhood Average — Downtown VE, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $750,000
Vancouver Loading...
Downtown VE Loading...

Based on 2 comparable active apartments/condos in Downtown VE, the average asking price is $873,000. This listing is priced 14.1% below the neighbourhood average.

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 Real Estate Board of Greater Vancouver 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 506 55 E Cordova Street

Walk Score Badge
Car-Dependent 98

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
99

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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