515 55 E Cordova St, Vancouver BC V6A 0A5 – Condo for Sale – MLS® R3181194

515 55 E Cordova Street, Vancouver, British Columbia V6A 0A5

2 days on the market
$678,000
Est. monthly cost $3,502/mo
Listing updated:
EstateBlock checked:
0 Beds
1 Baths
920 sqft
737 $ /sqft
570.26 $ Maint. fee
2006 built
NEW
2 days on the market
$678,000
Est. $3,502/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 515 55 E Cordova Street

Located in historic Gastown, Koret Lofts offers open plan for New York style loft living. Rarely available 5th floor unit with ultra high ceiling soaring over 15 ft featuring original fir beam and exposed brick wall. This heritage building was converted by Alda Pereira design in 2006, where urban heritage meets modem living with concrete floors, euro kitchen, walk through shower and spa soaker tub. Commercial and residential zoning allows for office/studio/airbnb uses, ideal for home office with live/work space. Gated complex with a beautiful garden courtyard equipped with BBQ.

Building Details

Price $678,000
Total Bedrooms 0
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 920
Year Built 2006
Age Of Building 20
Building Type Apartment/Condo
Property Type Residential
Architecture Style Live/Work Studio, Loft/Warehouse Conv.
Stories 1
Building Amenities Bike Room, Caretaker, Trash, Maintenance Grounds, Gas, Management, Snow Removal, Water
Ownership Type Freehold Strata
Maintenance Fee $570.26
Community Features Shopping Nearby
Amenities Nearby Bike Room, Caretaker, Trash, Maintenance Grounds, Gas, Management, Snow Removal, Water
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type None
Total Parking Spaces 0
Strata Restrictions Pets Allowed,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Yes
Rental Restrictions 100
Rental Suites None
Units In Development 118

Interior Features

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

Exterior Features

Exterior Features Garden, No Outdoor Area
View Description CITY VIEWS
Structures Multi Family, Residential Attached

Lot & Land

MLS® # R3181194
Area Vancouver East
Neighbourhood Downtown VE
City Vancouver
Postal Code V6A 0A5
Gross Taxes $2,400.9
Zoning HA-2

Property Timeline

Status Date Price
R3181194 / Active 11-03-2026 $678,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Foyer 7'8 x 7'8 ft
Main Level Living Room 37' x 37' ft
Main Level Kitchen 10' x 10' ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4

Listed by: Engel & Volkers Vancouver

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: Koret Lofts

55 E Cordova Street, Downtown VE, Vancouver

Koret Lofts building details

Building

Built
2006
Homes
118 in 6 storeys
Construction
Concrete, Brick
Title
Freehold Strata
Strata plan
BCS2025
Managed by
Tribe Management
Parking
Garage: Underground
Lockers
Limited
Strata fee covers
ManagementGasGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Allowed
Cats and dogs OK, max 2
Rentals
Allowed

Market at Koret Lofts

For sale
6
Median ask
$959K
Median $/sqft
$746
Days on market
61
Sold, past year
7
This home

$737/sqft, 1.2% below the building median of $746.

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

Map, sell speed & climate

SkyTrain 0.58 km · Britannia Community Secondary School 5/10 · 2.48 km · crime average · sell-speed score 49/100 (moderate pace) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (242 nearby)

  • Gastronomy gastown · 47 m · Restaurant
  • Tekkaba · 54 m · Restaurant
  • Skewers souvlaki pita bar · 80 m · Restaurant

Shopping (235 nearby)

  • Casa hair studio · 32 m · Hairdresser
  • Omnicare pharmacy ltd · 54 m · Pharmacy
  • Community thrift & vintage · 83 m · Clothes

Cafes (97 nearby)

  • Milano espresso lounge · 78 m · Cafe
  • Nelson the seagull · 86 m · Cafe
  • East van roasters · 89 m · Cafe

Groceries (55 nearby)

  • Carrall supermarket · 56 m · Convenience
  • Vancity corner store · 121 m · Convenience
  • Bazaar smoke & convenience · 183 m · Convenience

Healthcare (20 nearby)

  • Omnicare pharmacy ltd · 54 m · Healthcare
  • Srx pharmacy · 261 m · Healthcare
  • Owl drugs · 275 m · Healthcare

Transit (6 nearby)

  • Skytrain @ stadium stn station · 577 m · Transit
  • Bus stop northbound gore ave @ e georgia st · 614 m · Transit
  • Seabus station @ waterfront stn station · 665 m · Transit

Gyms (1 nearby)

  • Stretch yoga studio · 317 m · Gym

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

49 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $664,944
Flood Risk
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
2 DOM
Listed

515 55 E Cordova Street has a sell-speed score of 49/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 2% above comparable active properties in Downtown VE. 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. 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.

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

—
N/A

Distance

867 m

Lowell High School

Independent

Grades Served

10-12

Catchment Info

—
N/A

Distance

903 m

The Westside School

Independent

Grades Served

K-9

Catchment Info

—
8.8 / 10

Distance

908 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

—
N/A

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

—
N/A

Distance

1.57 KM

Admiral Seymour Elementary School

Public

Grades Served

K-7

Catchment Info

—
N/A

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

—
N/A

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 515 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

515 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 515 55 E Cordova Street

Walk Score Badge
Walker's Paradise 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Rider's Paradise 100

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Biker's Paradise 99

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 515 55 E Cordova Street

2026 assessed value, sourced from City of Vancouver open data (PID 026-806-193).
Total Assessed Value (2026)
$710,000
-9.6% YoY
-3.4%/yr over 4 yr
2022 Value Trend 2026
Land
$563,000
Buildings
$147,000
Year Built
2006
Class
Historical Area
Zoning
HA-2
Property Tax
$2,401
Year Land Improvements Total Assessed YOY Change
2026 $563,000 $147,000 $710,000
-9.6%
2025 $623,000 $162,000 $785,000
-4.5%
2024 $652,000 $170,000 $822,000
-3.2%
2023 $673,000 $176,000 $849,000
+4.0%
2022 $627,000 $189,000 $816,000 —

Costs & calculators

Monthly cost about $3,502/month · rent estimate $2,508/month · owning catches up with renting by year 14 · cash flow if rented −$1,174/month

Mortgage Calculator for 515 55 E Cordova Street

30-year fixed
$3,502 /month
Principal & Interest $2,732
Property Taxes $200
Maintenance fee $570

The estimated monthly cost of 515 55 E Cordova Street, Vancouver is $3,502: $2,732 principal and interest with 20% down over 30 years at 4.45%, plus $200 property tax and $570 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

−$1,174 /month
Mortgage Payment $2,732
Monthly Cash Flow −$1,174
Break Even Down Payment 55%
Cap Rate -2.1%
Cash on Cash -10.4%

If 515 55 E Cordova Street, Vancouver were rented at $2,508 a month with 5% vacancy, it would fall $1,174 a month short of the mortgage and carrying costs; about 55% 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 515 55 E Cordova Street, Vancouver

$2,508 / month
Rent $2,508
Own $3,502
Principal: $879/mo Interest, tax, insurance, fees: $2,623/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$736/mo (year 1) → ~$1,711/mo (year 20) → ~$2,552/mo (year 29).

Net cost to own at year 5 ~$2,623/mo About $115/mo more than renting

EstateBlock estimates 515 55 E Cordova Street, Vancouver would rent for about $2,508 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: 515 55 E Cordova Street

Rent vs own

Owning catches up by year 14

With 20% down ($135,600) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $48,335
Principal paid off by year 10 $108,690

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 515 55 E Cordova Street, Vancouver is cheaper at first, but owning catches up by year 14, with $48,335 of principal paid off by year 5 and $108,690 by year 10.

Price vs Neighbourhood Average — Downtown VE, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $678,000
Vancouver Loading...
Downtown VE Loading...

Based on 14 comparable active apartments/condos in Downtown VE, the average asking price is $664,944. This listing is priced 2% above 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

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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 515 55 E Cordova Street

Walk Score Badge
Walker's Paradise 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Rider's Paradise 100

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Biker's Paradise 99

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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