Home Vancouver, BC Downtown VW Garage 508 12 Water Street

508 12 Water St, Vancouver BC - Apartment/Condo for Sale - MLS# R2842870

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Listing updated: Jul 1, 2025 at 11:09am

EstateBlock checked: Sep 6, 2026 at 02:10am

Garage

2 Beds

2 Baths

958 sqft

1148 $ /sqft

666.79 $ Maint. fee

2009 built

Closed

VERIFIED ACCOUNT REQUIRED

This property sold for

$●●●,●●●

Listing updated: Jul 1, 2025 at 11:09am

EstateBlock checked: Sep 6, 2026 at 02:10am

Photo

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Sold price & sold date

Original list price & price changes

Full photo gallery - 40 photos

Days on market & listing history

Map & Neighbourhood

Public Schools

Secondary
Britannia Community Secondary School: 2.61 km
Elementary
Lord Strathcona Community Elementary School: 0.66 km

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

Private Schools

Elementary
The Westside School: 0.91 km
Secondary
Sino Bright School BC: 0.36 km

Closest Transit

Bus Stop
Eastbound W Cordova St @ Carrall St: 0.12 km
Skytrain
Seabus Station @ Waterfront Stn: 0.52 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

56 / 100

Overall sell-speed score

Moderate pace expected

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Price competition grade

No comparable data

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

63 DOM

Slower than area

Downtown VW avg

49 DOM

Average

Vancouver avg

49 DOM

Faster market

508 12 Water Street has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. 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 1A4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 1A4, 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 (~3.2 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 (273 nearby)

Oku izakaya · 28 m · Restaurant
Peckinpah · 29 m · Restaurant
Monarca · 32 m · Restaurant

Shopping (265 nearby)

Cos · 17 m · Clothes
Mosh · 31 m · Optician
Filson · 36 m · Clothes

Cafes (107 nearby)

L'apres midi patisserie · 32 m · Cafe
Milano espresso lounge · 114 m · Cafe
Nelson the seagull · 150 m · Cafe

Groceries (59 nearby)

Carrall supermarket · 146 m · Convenience
Express news · 176 m · Convenience
Bazaar smoke & convenience · 192 m · Convenience

Healthcare (20 nearby)

Omnicare pharmacy ltd · 115 m · Healthcare
London drugs · 267 m · Healthcare
Wellness pharmacy · 276 m · Healthcare

Transit (7 nearby)

Seabus station @ waterfront stn station · 518 m · Transit
West coast express @ waterfront stn station · 546 m · Transit
Skytrain @ stadium stn station · 575 m · Transit

Gyms (2 nearby)

Stretch yoga studio · 472 m · Gym
Ywca · 966 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 357 m
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 659 m
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	2.1 / 10	Distance 659 m
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	0	Distance 770 m
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 871 m
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 909 m
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 930 m
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 930 m
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 1.43 KM
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	0	Distance 1.49 KM
Columbia College	Independent	Grades Served 11-12	Catchment Info —	0	Distance 1.50 KM
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 1.81 KM
Admiral Seymour Elementary School	Public	Grades Served K-7	Catchment Info —	0	Distance 1.86 KM
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 2.01 KM
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.02 KM
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	0	Distance 2.07 KM
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.30 KM
King George Secondary School	Public	Grades Served 8-12	Catchment Info —	6.2 / 10	Distance 2.38 KM
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 2.41 KM
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 2.42 KM
Lord Roberts Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 2.46 KM
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 2.46 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 2.56 KM
Britannia Community Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	5.0 / 10	Distance 2.61 KM
Britannia Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.63 KM
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.64 KM
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 2.66 KM
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 2.70 KM
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.94 KM
St Francis of Assisi	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 2.97 KM

Mortgage Calculator for 508 12 Water Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

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Principal & Interest

Property Taxes $252

Maintenance fee 666.79

Financing 80% of the $1,100,000 asking price over 30 years at 4% results in approximately $5,120/month in total estimated carrying costs, $252 property tax, $667 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: Jul 1, 2025

Investment Cashflow Calculator

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Break Even Down Payment 0%

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Cash on Cash

This listing generates an estimated $3,135/month in rental income, leaving a -$2,032/month cashflow at current carrying costs. Investors targeting break-even would need roughly 59% down.

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

Estateblock Rent Estimate for 508 12 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.