Home Vancouver, BC Mount Pleasant VE The Independent 510 2508 Watson Street

510 2508 Watson St, Vancouver BC V5T 3G9 – Condo for Sale – MLS® R3182381

510 2508 Watson Street, Vancouver, British Columbia V5T 3G9

Vancouver Condos for Sale

3 days on the market

$648,800

Est. monthly cost $3,146/mo

Updated with MLS® - Nov 12, 2026 at 02:45pm

2 Beds

1 Baths

593 sqft

1094 $ /sqft

341.93 $ Maint. fee

2019 built

NEW 15.8% cheaper than comps

Photos

Gorgeous Junior 2 bed End Unit Condo at “The Independent” in the heart of Mount Pleasant. 2 bed 1 full bath and a fantastic open concept layout with floor-to-ceiling windows, geothermal heating & cooling and a sleek modern kitchen with integrated appliances and generous pantry storage. Fantastic floorplan within steps to the amenity area which includes a Gym, Lounge, Workshop, Meeting Room and BBQ area. Includes 1 underground parking stall and 1 "BIG" Storage locker. Steps to Main Street’s best restaurants, breweries, coffee shops, shopping and transit. Truly a must see. Some photos are virtually staged.

Building 21 fields Inside & out 10 fields Lot & land 8 fields

Building Details

Price	$648,800
Total Bedrooms	2
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	593
Year Built	2019
Age Of Building	7
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Maintenance Grounds, Management, Snow Removal
Ownership Type	Freehold Strata
Maintenance Fee	$341.93
Amenities Nearby	Maintenance Grounds, Management, Snow Removal
Utility Type	Community, Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Underground
Total Parking Spaces	1
Strata Restrictions	Rentals Allowed

Interior Features

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

Exterior Features

Exterior Features	Balcony
Roof	Other
Structures	Multi Family, Residential Attached

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3182381
Area	Vancouver East
Neighbourhood	Mount Pleasant VE
City	Vancouver
Postal Code	V5T 3G9
Gross Taxes	$2,270.67
Zoning	CD-1

Property Timeline

Status	Date	Price
R3182381 / Active	11-09-2026	$648,800

Rooms

Floor	Type	Dimensions
Main Level	Living Room	12'0 x 12'0 ft
Main Level	Kitchen	11'4 x 11'4 ft
Main Level	Dining Room	12'0 x 12'0 ft
Main Level	Primary Bedroom	8'2 x 8'2 ft
Main Level	Bedroom	6'8 x 6'8 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

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: The Independent

285 E 10th Avenue, Mount Pleasant VE, Vancouver

The Independent building details

Building

Built: 2019
Homes: 258 in 21 storeys
Construction: Concrete
Title: Freehold Strata
Strata plan: EPS5422
Managed by: Dwell Property Management
Parking: Garage: Underground, Garage Underbuilding
Lockers: Limited
Strata fee covers: Snow removalRecreation FacilityManagementHot WaterGardeningGarbage PickupCaretaker

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 2
Rentals: Allowed

Market at The Independent

For sale: 1
Median ask: $649K
Median $/sqft: $1,094
Days on market: 3
Sold, past year: 2

This home

$1,094/sqft, in line with the building median of $1,094.

Structural warranty runs to 2029 under BC's 2-5-10 new-home warranty.

Homes for sale at The Independent, Vancouver Recent sold listings in The Independent, Vancouver

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

Map, sell speed & climate

SkyTrain 1.06 km · crime average · sell-speed score 65/100 (likely within weeks) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (122 nearby)

Knowledge barbers · 55 m · Hairdresser
Jerry's european hair styling · 77 m · Hairdresser
Mt pleasant pharmacy · 78 m · Pharmacy

Restaurants (105 nearby)

Freshii · 18 m · Restaurant
Poké bar · 26 m · Fast Food
Barney's on main · 37 m · Restaurant

Groceries (33 nearby)

Pricesmart foods · 34 m · Supermarket
Main convenience store · 82 m · Convenience
On the run · 90 m · Convenience

Cafes (33 nearby)

Starbucks · 12 m · Cafe
Bean around the world · 41 m · Cafe
Trees · 47 m · Cafe

Healthcare (12 nearby)

Mt pleasant pharmacy · 78 m · Healthcare
Shoppers drug mart · 146 m · Healthcare
Indigo pharmacy mid-main · 316 m · Healthcare

Transit (1 nearby)

Bus stop southbound main st @ switchmen st · 892 m · Transit

Public Schools

Elementary
Florence Nightingale Elementary School: Above Average 0.5 km 7/10

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

Private Schools

Elementary
St Patrick's: Above Average 0.34 km 8.3/10
Secondary
St.Patrick Regional Secondary School: Average 0.21 km 6.9/10

Closest Transit

Bus Stop
Eastbound E Broadway @ Kingsway St: 0.03 km
Skytrain
Skytrain @ Broadway-City Hall Stn: 1.06 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 43.8%
No Certificate/Degree: Below Average 7.6%
Owner Occupied: Above Average 79.1%
Employment Rate: Below Average 40.3%

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

65 / 100

Overall sell-speed score

Likely within weeks

Price competition grade

Avg comparable: $770,822

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 1.06 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 MOUNT PLEASANT VE compares

This property

3 DOM

Listed

510 2508 Watson Street has a sell-speed score of 65/100, placing it in the "Expected to sell within weeks" band. The listing is priced 15.8% below comparable active properties in Mount Pleasant VE, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Climate Risk for V5T 3G9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5T 3G9, 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 (~1.6 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.

Schools NearBy

51 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
St.Patrick Regional Secondary School	Independent	Grades Served 8-12	Catchment Info —	6.9 / 10	Distance 213 m
St Patrick's	Independent	Grades Served —	Catchment Info —	8.3 / 10	Distance 341 m
St.Patrick's Elementary School	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 366 m
Mount Pleasant Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 447 m
Florence Nightingale Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	7.0 / 10	Distance 496 m
St Francis Xavier	Independent	Grades Served —	Catchment Info —	9.6 / 10	Distance 558 m
St. Francis Xavier	Independent	Grades Served K-7	Catchment Info —	9.6 / 10	Distance 585 m
Simon Fraser Elementary School	Public	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 836 m
Columbia College	Independent	Grades Served 11-12	Catchment Info —	N/A	Distance 1.06 KM
David Livingstone Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.34 KM
Eaton Arrowsmith School (Vancouver) Ltd	Independent	Grades Served —	Catchment Info —	N/A	Distance 1.45 KM
Blessed Sacrament School	Independent	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 1.49 KM
Charles Dickens Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 1.51 KM
Edith Cavell Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.64 KM
Canada Royal Arts High School	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.72 KM
General Wolfe Elementary School	Public	Grades Served K-7	Catchment Info —	7.0 / 10	Distance 1.73 KM
Charles Dickens Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 1.87 KM
The Westside School	Independent	Grades Served K-9	Catchment Info —	8.8 / 10	Distance 1.92 KM
Elsie Roy Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 1.94 KM
False Creek Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.98 KM
False Creek Elementary	Public	Grades Served —	Catchment Info —	6.0 / 10	Distance 1.99 KM
Lowell High School	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 2.11 KM
Tyee Elementary School	Public	Grades Served K-7	Catchment Info —	8.0 / 10	Distance 2.16 KM
Claren Academy	Independent	Grades Served —	Catchment Info —	9.0 / 10	Distance 2.20 KM
St.Joseph's School	Independent	Grades Served K-7	Catchment Info —	8.1 / 10	Distance 2.20 KM
Admiral Seymour Elementary School	Public	Grades Served K-7	Catchment Info —	N/A	Distance 2.30 KM
Stratford Hall School	Independent	Grades Served K-12	Catchment Info —	8.7 / 10	Distance 2.31 KM
Stratford Hall	Independent	Grades Served —	Catchment Info —	8.7 / 10	Distance 2.32 KM
General Brock Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 2.34 KM
Emily Carr Elementary School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 2.39 KM
Queen Alexandra Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 2.43 KM
Britannia Community Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.48 KM
Columbia Academy	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 2.49 KM
Queen Victoria Annex	Public	Grades Served K-5	Catchment Info —	6.4 / 10	Distance 2.50 KM
Sino Bright School BC	Independent	Grades Served 10-12	Catchment Info —	4.3 / 10	Distance 2.50 KM
St. Lawrence School	Independent	Grades Served —	Catchment Info —	8.2 / 10	Distance 2.50 KM
Vancouver Talmud Torah Elementary School	Independent	Grades Served K-7	Catchment Info —	8.4 / 10	Distance 2.52 KM
Westside Montessori	Independent	Grades Served K	Catchment Info —	N/A	Distance 2.55 KM
Sir Richard McBride Annex	Public	Grades Served K-3	Catchment Info —	N/A	Distance 2.55 KM
Lord Strathcona Community Elementary School	Public	Grades Served K-7	Catchment Info —	2.1 / 10	Distance 2.56 KM
Britannia Community Secondary School	Public	Grades Served 8-12	Catchment Info —	5.0 / 10	Distance 2.61 KM
Alexander Academy	Independent	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 2.65 KM
Sir Richard McBride Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 2.66 KM
Lord Selkirk Elementary School	Public	Grades Served K-7	Catchment Info —	6.1 / 10	Distance 2.70 KM
Pattison High School	Independent	Grades Served 9-12	Catchment Info —	N/A	Distance 2.70 KM
VISST	Independent	Grades Served —	Catchment Info —	9.9 / 10	Distance 2.75 KM
Lord Selkirk Annex	Public	Grades Served K-4	Catchment Info —	3.5 / 10	Distance 2.77 KM
Laura Secord Elementary School	Public	Grades Served K-7	Catchment Info —	7.1 / 10	Distance 2.81 KM
Madrona School	Independent	Grades Served K-9	Catchment Info —	8.3 / 10	Distance 2.82 KM
Franklin School	Independent	Grades Served —	Catchment Info —	4.1 / 10	Distance 2.82 KM
St Francis of Assisi	Independent	Grades Served K-7	Catchment Info —	8.9 / 10	Distance 2.99 KM

Pre-computed routes from 510 2508 Watson St, Vancouver, BC

510 2508 Watson St, Vancouver, BC Broadway-City Hall 1.1 km

23 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Broadway-City Hall → Waterfront
23 min
Metrotown, Burnaby via Broadway-City Hall → Metrotown
41 min
SFU Burnaby via Broadway-City Hall → Production Way
48 min
Richmond Centre via Broadway-City Hall → Brighouse
34 min
YVR Airport via Broadway-City Hall → YVR-Airport
35 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
3 min
Metrotown, Burnaby via Lougheed Hwy
10 min
SFU Burnaby via Gaglardi Way
16 min
Richmond Centre via No. 3 Rd
13 min
YVR Airport via Bridgeport / Sea Island
11 min

Calculate your commute

510 2508 Watson St, Vancouver, BC is ideally located for commuters. The property is 1.1 km from Broadway-City Hall, with a 23 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound E Broadway @ Kingsway St (0.03 km). Walk Score Transit rating: Excellent Transit (77/100).

Walkability & Transit Near 510 2508 Watson Street

Walker's Paradise 100

Walk Score - Walker's Paradise

Daily errands do not require a car

Excellent Transit 77

Transit Score - Excellent Transit

Transit is convenient for most trips

Biker's Paradise 95

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 510 2508 Watson Street

2026 assessed value, sourced from City of Vancouver open data (PID 030-765-234).

Total Assessed Value (2026)

$675,000

-2.5% YoY

-0.9%/yr over 4 yr

2022 Value Trend 2026

Land

$482,000

Buildings

$193,000

Year Built

2019

Class

Comprehensive Development

Zoning

CD-1 (591)

Property Tax

$2,271

Year	Land	Improvements	Total Assessed	YOY Change
2026	$482,000	$193,000	$675,000	-2.5%
2025	$494,000	$198,000	$692,000	-7.1%
2024	$532,000	$213,000	$745,000	+2.9%
2023	$517,000	$207,000	$724,000	+3.3%
2022	$475,000	$226,000	$701,000	—

Costs & calculators

Monthly cost about $3,146/month · rent estimate $2,400/month · owning catches up with renting by year 4 · cash flow if rented −$919/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 510 2508 Watson Street

$3,146 /month

Principal & Interest $2,615

Property Taxes $189

Maintenance fee $342

The estimated monthly cost of 510 2508 Watson Street, Vancouver is $3,146: $2,615 principal and interest with 20% down over 30 years at 4.45%, plus $189 property tax and $342 strata 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

−$919 /month

Mortgage Payment $2,615

Monthly Cash Flow −$919

Break Even Down Payment 49%

Cap Rate -1.7%

Cash on Cash -8.5%

If 510 2508 Watson Street, Vancouver were rented at $2,400 a month with 5% vacancy, it would fall $919 a month short of the mortgage and carrying costs; about 49% down would break even.

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

Estateblock Rent Estimate for 510 2508 Watson Street, Vancouver

$2,400 / month

Rent $2,400

Own $3,146

Principal: $841/mo Interest, tax, insurance, fees: $2,305/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$704/mo (year 1) → ~$1,637/mo (year 20) → ~$2,442/mo (year 29).

Net cost to own at year 5 ~$2,305/mo About $95/mo less than renting

EstateBlock estimates 510 2508 Watson Street, Vancouver would rent for about $2,400 a month.

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.

Rent vs own: 510 2508 Watson Street

Rent vs own

Owning catches up by year 4

With 20% down ($129,760) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $46,253

Principal paid off by year 10 $104,009

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 510 2508 Watson Street, Vancouver is cheaper at first, but owning catches up by year 4, with $46,253 of principal paid off by year 5 and $104,009 by year 10.