401 1159 Main St, Vancouver BC - Apartment/Condo for Sale - MLS# R3119435

$599,900
Est. Mortgage $2,654/mo
City Gate Ii
1 Beds
2 Baths
945 sqft
635 $ /sqft
610.14 $ Maint. fee
1992 built
$599,900
Est. $2,654/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 401 1159 Main Street

UNPARALLELED SPACE & LIFESTYLE at Citygate II ! It is incredibly rare to find a sprawling 945 sq-ft. 1 Bedroom & 1.5 Bathroom home in today's market. This bright, West-facing concrete residence offers house-sized rooms to perfectly match your modern urban lifestyle. Entertain with ease in the dedicated living and formal dining areas, or relax in the versatile enclosed balcony-an ideal sunlit home office or cozy reading nook. The primary suite is a true retreat featuring generous closet space. Located at the vibrant crossroads of Mount Pleasant and False Creek, you are mere steps from the iconic Seawall, Science World, SkyTrain, and world-class dining. Bring your designer's eye to craft your ultimate dream sanctuary. A rare concrete gem! [OPEN HOUSE: MAY 9TH FROM 2-4PM]

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, Natural Gas
Laundry In Unit
# of Kitchens 1
Flooring Tile, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, No Outdoor Area
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $599,900
Total Bedrooms 1
Total Bathrooms 2
Full Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 945
Year Built 1992
Age Of Building 34
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, RV Parking, Snow Removal
Building Name City Gate Ii
Ownership Type Freehold Strata
Maintenance Fee $610.14
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Heat, Hot Water, Management, RV Parking, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Guest, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns,Smoking Restrictions
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Units In Development 0

Lot & Land

Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3119435
Area Vancouver East
Neighbourhood Downtown VE
City Vancouver
Postal Code V6A 4B6
Gross Taxes $2,167.19
Zoning CD-1

Property Timeline

Status Date Price
R3119435 / Active 05-04-2026 $599,900
Rooms
Floor Type Dimensions
Main Level Living Room 11'10 x 11'10 ft
Main Level Dining Room 12'2 x 12'2 ft
Main Level Kitchen 10'10 x 10'10 ft
Main Level Primary Bedroom 18'2 x 18'2 ft
Main Level Solarium 9'10 x 9'10 ft
Main Level Foyer 7'11 x 7'11 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #2

Listed by: Royal Pacific Realty Corp.

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

Elementary
Lord Strathcona Community Elementary School
1.44 km
Secondary
Britannia Community Secondary School
2.17 km

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

Private Schools

Elementary
St. Francis Xavier
0.94 km
Secondary
Columbia College
0.49 km

Closest Transit

Bus Stop
Southbound Main St @ National Ave
0.03 km
Skytrain
Skytrain @ Main Street Stn
0.14 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
56.5%
No Certificate/Degree
Below Average
3.6%
Owner Occupied
Average
70.6%
Employment Rate
Below Average
36.5%

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

53 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $628,995
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.14 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 VE compares
This property
66 DOM
Listed
Downtown VE avg
Vancouver avg

401 1159 Main Street has a sell-speed score of 53/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 4.9% 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 4B6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6A 4B6, 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 (~2.3 km). Annual avg AQHI 2.2 — Low Risk.

Heat Low

Vancouver currently sees ~1 days 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

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 401 1159 Main Street

Pre-computed routes from 401 1159 Main St, Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Main Street → Waterfront
    11 min
  • Metrotown, Burnaby via Main Street → Metrotown
    17 min
  • SFU Burnaby via Main Street → Production Way
    24 min
  • Richmond Centre via Main Street → Brighouse
    36 min
  • YVR Airport via Main Street → YVR-Airport
    37 min

By car (off-peak)

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

Calculate your commute

401 1159 Main St, Vancouver, BC is ideally located for commuters. The property is 0.1 km from Main Street, with a 11 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Main St @ National Ave (0.03 km). Walk Score Transit rating: Rider's Paradise (96/100).

Walkability & Transit Near 401 1159 Main Street

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 96

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
100

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

BC Assessment Value — 401 1159 Main Street

2026 assessed value, sourced from City of Vancouver open data (PID 017-902-142).
Total Assessed Value (2026)
$667,000
-4.0% YoY
+1.3%/yr over 4 yr
2022 Value Trend 2026
Land
$453,000
Buildings
$214,000
Year Built
1992
Class
Comprehensive Development
Zoning
CD-1 (264)
Property Tax
$2,244
Year Land Improvements Total Assessed YOY Change
2026 $453,000 $214,000 $667,000
-4.0%
2025 $472,000 $223,000 $695,000
+1.5%
2024 $465,000 $220,000 $685,000
+1.6%
2023 $458,000 $216,000 $674,000
+6.3%
2022 $405,000 $229,000 $634,000

Mortgage Calculator for 401 1159 Main Street

/month
Principal & Interest
Property Taxes $181
Maintenance fee 610.14
With a 20% down payment, buyers can expect an estimated $3,082/month in total housing costs on this $599,900 property — $2,291 mortgage payment, $181 property tax, $610 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 $2,165/month estimated rent and $3,141/month in total housing costs, this property has a -$976/month cashflow. Break-even down payment: approximately 55%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Downtown VE, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $599,900
Vancouver Loading...
Downtown VE Loading...

Based on 6 comparable active apartments/condos in Downtown VE, the average asking price is $666,633. This listing is priced 10% 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

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 401 1159 Main Street

Walk Score Badge
Car-Dependent 98

Walk Score - Walker's Paradise

Daily errands do not require a car
Transit Score Badge
Some Transit 96

Transit Score - Rider's Paradise

World-class public transportation
Bike Score Badge
Somewhat
Bikeable
100

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

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