707 131 Regiment Square, Vancouver BC - Apartment/Condo for Sale - MLS# R3127824

104 days on the market
$449,000
Est. Mortgage $1,986/mo
Listing updated:
EstateBlock checked:
Spectrum 3
0 Beds
1 Baths
510 sqft
880 $ /sqft
374.03 $ Maint. fee
2007 built
8.2% price reduction 27.2% cheaper than comps
104 days on the market
$449,000
$489,000
Est. $1,986/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 707 131 Regiment Square

8.2% price reduction 27.2% cheaper than comps

THIS FANTASTIC STUDIO CONDO WITH A BREATHTAKING CITY SKYLINE VIEW WITH NATURAL LIGHTING.THIS IS SPECTRUM 3 BY CONCORD PACIFIC LOCATED NEAR COSTCO, T&T SUPERMARKET, CITY MARKET, STADUIM, ROGERS ARENA, SKYTRAIN,RESTAURANTS, CAFES, SHOPPING AND MUCH MORE. AMENITIES INCLUDE INDOOR SWIMMING POOL, HOT TUB, STEAM ROOM, GYM, THEATRE ROOM, PARTY ROOM, 24 HOUR CONCIERGE. THE CONDO HAS NEW LAMINATE FLOORING, WASHER DRYER, WINDOW COVERINGS,DISHWASHER.

Interior Features

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

Exterior Features

Exterior Features Balcony
View Description southern exposure
Roof Metal
Structures Multi Family, Residential Attached

Building Details

Price $449,000
Total Bedrooms 0
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 510
Year Built 2007
Age Of Building 19
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Clubhouse, Exercise Centre, Concierge, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal
Building Name Spectrum 3
Ownership Type Freehold Strata
Maintenance Fee $374.03
Amenities Nearby Clubhouse, Exercise Centre, Concierge, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Snow Removal
Utility Type Community, Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type None, Concrete
Total Parking Spaces 0
Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Units In Development 211

Lot & Land

MLS® # R3127824
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Postal Code V6B 1X6
Gross Taxes $1,649.57
Zoning CD1

Property Timeline

Status Date Price
R3127824 / Active 05-25-2026 $449,000
Rooms
Floor Type Dimensions
Main Level Living Room 12'6 x 12'6 ft
Main Level Kitchen 10'6 x 10'6 ft
Main Level Den 6' x 6' ft
Main Level Laundry 3' x 3' ft
Main Level Eating Area 7' x 7' ft
Main Level Foyer 3'5 x 3'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Sutton Centre 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
King George Secondary School
Average 2.27 km 6.2/10
Elementary
Lord Strathcona Community Elementary School
Below Average 0.65 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 0.28 km 8.8/10
Secondary
Lowell High School
0.35 km

Closest Transit

Bus Stop
Westbound Expo Blvd @ Abbott St
0.14 km
Skytrain
Skytrain @ Stadium Stn
0.11 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 53.2%
No Certificate/Degree
Below Average 2.5%
Owner Occupied
Above Average 78.4%
Employment Rate
Below Average 29%

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

78 / 100
Overall sell-speed score
Likely within 1–3 weeks
A+
Price competition grade
Avg comparable: $571,128
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.11 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 DOWNTOWN VW compares
This property
104 DOM
Slower than area
Downtown VW avg
49 DOM
Average
Vancouver avg
49 DOM
Faster market

707 131 Regiment Square has a sell-speed score of 78/100, placing it in the "Expected to sell within 1–3 weeks" band. The listing is priced 27.2% 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 likely to attract offers within 1–3 weeks.

Climate Risk for V6B 1X6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6B 1X6, 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

Shopping (375 nearby)

  • Costco pharmacy · 36 m · Pharmacy
  • Barefoot oasis · 155 m · Beauty Shop
  • Mayflower beauty spa · 161 m · Beauty Shop

Restaurants (371 nearby)

  • Costco food court · 53 m · Fast Food
  • Konica minolta champion's club · 88 m · Restaurant
  • Captains room · 99 m · Restaurant

Cafes (134 nearby)

  • Tim hortons · 117 m · Cafe
  • Charisma social club house · 171 m · Cafe
  • Pappa roti · 178 m · Cafe

Groceries (81 nearby)

  • Neotown · 179 m · Convenience
  • 大統華 t&t supermarket · 196 m · Supermarket
  • Hoduya · 232 m · Bakery

Healthcare (23 nearby)

  • Costco pharmacy · 36 m · Healthcare
  • Rexall · 252 m · Healthcare
  • Wellness pharmacy · 383 m · Healthcare

Transit (8 nearby)

  • Skytrain @ stadium stn station · 112 m · Transit
  • Bus stop westbound w pender st @ seymour st · 628 m · Transit
  • Skytrain @ granville stn station · 671 m · Transit

Gyms (4 nearby)

  • Cycklus · 397 m · Gym
  • Stretch yoga studio · 701 m · Gym
  • Harbour dance centre · 907 m · Gym

Schools NearBy

35 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

The Westside School

Independent

Grades Served

K-9

Catchment Info

8.8 / 10

Distance

279 m

Lowell High School

Independent

Grades Served

10-12

Catchment Info

0

Distance

351 m

Columbia Academy

Independent

Grades Served

10-12

Catchment Info

0

Distance

598 m

Sino Bright School BC

Independent

Grades Served

10-12

Catchment Info

4.3 / 10

Distance

627 m

Lord Strathcona Community Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
2.1 / 10

Distance

648 m

Alexander Academy

Independent

Grades Served

8-12

Catchment Info

6.1 / 10

Distance

735 m

Claren Academy

Independent

Grades Served

Catchment Info

9.0 / 10

Distance

863 m

Madrona School

Independent

Grades Served

K-9

Catchment Info

8.3 / 10

Distance

922 m

Franklin School

Independent

Grades Served

Catchment Info

4.1 / 10

Distance

922 m

Pattison High School

Independent

Grades Served

9-12

Catchment Info

0

Distance

1.11 KM

Elsie Roy Elementary School

Public

Grades Served

K-7

Catchment Info

6.8 / 10

Distance

1.17 KM

Columbia College

Independent

Grades Served

11-12

Catchment Info

0

Distance

1.33 KM

Eaton Arrowsmith School (Vancouver) Ltd

Independent

Grades Served

Catchment Info

0

Distance

1.42 KM

St. Francis Xavier

Independent

Grades Served

K-7

Catchment Info

9.6 / 10

Distance

1.72 KM

St Francis Xavier

Independent

Grades Served

Catchment Info

9.6 / 10

Distance

1.72 KM

False Creek Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

1.76 KM

False Creek Elementary

Public

Grades Served

Catchment Info

6.0 / 10

Distance

1.77 KM

Canada Royal Arts High School

Independent

Grades Served

Catchment Info

4.6 / 10

Distance

1.90 KM

Mount Pleasant Elementary School

Public

Grades Served

K-7

Catchment Info

5.3 / 10

Distance

1.98 KM

St.Patrick Regional Secondary School

Independent

Grades Served

8-12

Catchment Info

6.9 / 10

Distance

1.99 KM

Admiral Seymour Elementary School

Public

Grades Served

K-7

Catchment Info

0

Distance

2.15 KM

St.Patrick's Elementary School

Independent

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.16 KM

St Patrick's

Independent

Grades Served

Catchment Info

8.3 / 10

Distance

2.20 KM

Lord Roberts Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

2.25 KM

King George Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.2 / 10

Distance

2.27 KM

Florence Nightingale Elementary School

Public

Grades Served

K-7

Catchment Info

7.0 / 10

Distance

2.34 KM

Blessed Sacrament School

Independent

Grades Served

K-7

Catchment Info

8.0 / 10

Distance

2.38 KM

Simon Fraser Elementary School

Public

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.39 KM

Queen Alexandra Elementary School

Public

Grades Served

K-7

Catchment Info

5.7 / 10

Distance

2.41 KM

St. Lawrence School

Independent

Grades Served

Catchment Info

8.2 / 10

Distance

2.48 KM

VISST

Independent

Grades Served

Catchment Info

9.9 / 10

Distance

2.66 KM

Britannia Community Elementary School

Public

Grades Served

K-7

Catchment Info

5.9 / 10

Distance

2.84 KM

Britannia Community Secondary School

Public

Grades Served

8-12

Catchment Info

5.0 / 10

Distance

2.87 KM

Henry Hudson Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

2.88 KM

Edith Cavell Elementary School

Public

Grades Served

K-7

Catchment Info

7.3 / 10

Distance

2.92 KM

Pre-computed routes from 707 131 Regiment Square, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Stadium → Waterfront
    8 min
  • Metrotown, Burnaby via Stadium → Metrotown
    18 min
  • SFU Burnaby via Stadium → Production Way
    25 min
  • Richmond Centre via Stadium → Brighouse
    33 min
  • YVR Airport via Stadium → YVR-Airport
    34 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
    15 min
  • YVR Airport via Bridgeport / Sea Island
    13 min

Calculate your commute

707 131 Regiment Square, Vancouver, BC is ideally located for commuters. The property is 0.1 km from Stadium, with a 8 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Expo Blvd @ Abbott St (0.14 km). Walk Score Transit rating: Rider's Paradise (100/100).

Walkability & Transit Near 707 131 Regiment Square

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
95

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 707 131 Regiment Square

2026 assessed value, sourced from City of Vancouver open data (PID 027-259-668).
Total Assessed Value (2026)
$509,000
-3.8% YoY
-2.3%/yr over 4 yr
2022 Value Trend 2026
Land
$372,000
Buildings
$137,000
Year Built
2007
Class
Comprehensive Development
Zoning
CD-1 (415)
Property Tax
$1,712
Year Land Improvements Total Assessed YOY Change
2026 $372,000 $137,000 $509,000
-3.8%
2025 $386,000 $143,000 $529,000
-5.5%
2024 $409,000 $151,000 $560,000
-3.8%
2023 $425,000 $157,000 $582,000
+4.3%
2022 $395,000 $163,000 $558,000

Mortgage Calculator for 707 131 Regiment Square

/month
Principal & Interest
Property Taxes $137
Maintenance fee 374.03
Based on a 30-year fixed at 4% interest with 20% down ($89,800), the estimated monthly payment for this listing is $2,226/month — $1,715 principal & interest, $137 property tax, $374 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
At an estimated rental income of $1,706/month, this property runs a $572/month shortfall after mortgage and carrying costs. Break-even requires approximately 47% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 707 131 Regiment Square, Vancouver

Buy Vs Rent Calculator

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

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

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 VW, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $449,000
Vancouver Loading...
Downtown VW Loading...

Based on 224 comparable active apartments/condos in Downtown VW, the average asking price is $616,669. This listing is priced 27.2% below the neighbourhood average. This property is flagged as a Hot Deal (8.2% price reduction, 27.2% cheaper than comparables) based on its competitive pricing and market demand.

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 707 131 Regiment Square

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
95

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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