504 1159 Main St, Vancouver BC - Apartment/Condo for Sale - MLS# R3091713

$888,000
Est. Mortgage $3,928/mo
City Gate
2 Beds
2 Baths
1251 sqft
710 $ /sqft
808.42 $ Maint. fee
1992 built
$888,000
Est. $3,928/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 504 1159 Main Street

Welcome to City Gate II by BOSA, ideally situated in the heart of Vancouver just steps from the Seawall and directly across from Science World. Perched on the 5th floor, this spacious 2-bed/2-bath home offers beautiful city views and an abundance of natural light throughout. The generous floor plan provides exceptional potential, making it a fantastic opportunity to customize and create your dream space. Bright, airy, and well-laid out, this home is perfect for both comfortable living and long-term investment. Enjoy an unbeatable location just steps to Olympic Village, SkyTrain, and the new St. Paul's Hospital. Explore nearby Main Street's vibrant dining, cafes, and shopping. Residents enjoy excellent amenities including a fitness center, indoor pool and hot tub

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 1
Heating Type Electric, Natural Gas
Laundry In Unit
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Block

Exterior Features

Exterior Features Balcony
Roof Other
Structures Multi Family, Residential Attached

Building Details

Price $888,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1251
Year Built 1992
Age Of Building 34
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Recreation Facilities, Caretaker, Hot Water, Management
Building Name City Gate
Ownership Type Freehold Strata
Maintenance Fee $808.42
Community Features Shopping Nearby
Amenities Nearby Recreation Facilities, Caretaker, Hot Water, Management
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Underground, Side Access, Concrete
Total Parking Spaces 2
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two)
Rental Suites None
Units In Development 83

Lot & Land

Lot Size Depth Feet
MLS® # R3091713
Area Vancouver East
Neighbourhood Downtown VE
City Vancouver
Postal Code V6A 4B6
Gross Taxes $2,931.18

Property Timeline

Status Date Price
R3091713 / Active 02-18-2026 $888,000
Rooms
Floor Type Dimensions
Main Level Living Room 20'0 x 20'0 ft
Main Level Dining Room 10'0 x 10'0 ft
Main Level Kitchen 10'0 x 10'0 ft
Main Level Primary Bedroom 17'6 x 17'6 ft
Main Level Bedroom 15'6 x 15'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level Yes #3

Listed by: Grand Central 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
Britannia Community Secondary School
2.17 km
Elementary
Lord Strathcona Community Elementary School
1.44 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
Above Average
0.94 km
9.8/10
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

55 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $966,499
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
141 DOM
Listed
Downtown VE avg
Vancouver avg

504 1159 Main Street has a sell-speed score of 55/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 8.8% 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 504 1159 Main Street

Pre-computed routes from 504 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

504 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 504 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 — 504 1159 Main Street

2026 assessed value, sourced from City of Vancouver open data (PID 017-902-258).
Total Assessed Value (2026)
$917,000
-2.4% YoY
+1.8%/yr over 4 yr
2022 Value Trend 2026
Land
$630,000
Buildings
$287,000
Year Built
1992
Class
Comprehensive Development
Zoning
CD-1 (264)
Property Tax
$3,085
Year Land Improvements Total Assessed YOY Change
2026 $630,000 $287,000 $917,000
-2.4%
2025 $646,000 $294,000 $940,000
+1.2%
2024 $638,000 $291,000 $929,000
+2.7%
2023 $622,000 $283,000 $905,000
+5.8%
2022 $548,000 $307,000 $855,000

Mortgage Calculator for 504 1159 Main Street

/month
Principal & Interest
Property Taxes $244
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $4,444/month in total housing costs on this $888,000 property — $3,392 mortgage payment, $244 property tax, $808 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 $3,036/month estimated rent and $4,500/month in total housing costs, this property has a -$1,464/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 $888,000
Vancouver Loading...
Downtown VE Loading...

Based on 4 comparable active apartments/condos in Downtown VE, the average asking price is $1,379,333. This listing is priced 35.6% 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 504 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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