It can be tough to find an affordable rental in Vancouver, let alone buy your very own condo.
But, if you’re willing to sacrifice a little space there are some affordable and trendy studios listed for sale on right now. The condos are perfect for a single person or a couple searching for their first special little space together.
Some of the properties listed are leaseholds, which can be a cheaper option into homeownership. A leasehold property means that .
With a recent highlighting that the average cost to rent a one-bedroom apartment in Â鶹´«Ã½Ó³»is now a whopping $2,150 a month—these properties are worth a look.
Here are five condos for sale in Â鶹´«Ã½Ó³»right now for less than $350,000.
604-1250 Burnaby Street — $320,000
First on the list is this trendy West End studio at , which offers city views and the best of downtown living. The renovated, spacious 430 sqft studio has a functional layout perfect for those who want to create their own Â鶹´«Ã½Ó³»retreat, or who are looking for a rental investment. A big bonus to this sale is all of the cute furnishings are included—so you can move right in. The building also has great amenities, including an outdoor pool on a common rooftop deck with views of English Bay and the city. Another bonus: The condo is just steps away from the beach, seawall, cafes, shopping, and transit.
Title: Leasehold prepaid-strata.
Cost: The property is priced at $320,000. With a 20 per cent down payment of $64,000, the studio would cost $1,160 a month on a 25-year loan with a 2.59 per cent interest rate.
Open house: Sunday, March 01 - 2:30 p.m. to 4 p.m.
Find out more .
203-1565 Burnaby Street — $339,900
Second on the list is this adorable West End co-op suite at , which overlooks a lush park. The charming, bright 508 sqft suite has a great layout, with a separate kitchen and dining area with windows and an updated bathroom that’s been freshly painted. Plus, the murphy bed is included in the sale and there’s ample closet space. This suite is in a well-maintained, heritage character building with a workshop room and free-shared laundry. Bonus: The condo is just steps away from English Bay, the Seawall, shopping, dining, and entertainment. However, the listing states that a 35 per cent down payment is required for this property, no pets are allowed, it’s not allowed as a rental, and it’s a one-person occupancy only.
Title: Shares in Co-operative
Cost: The property is priced at $339,000. With a 35 per cent down payment of $118, 965 the studio would cost $1,001 a month on a 25-year loan with a 2.59 per cent interest rate.
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403-1219 Harwood Street - $300,000
If you’re after a great opportunity to live downtown at a low price, this with a beautiful tree-lined street view is a steal. The spacious 504 sqft condo has a large living room, dining room, and a balcony. The vibrant condo is close to entertainment, shops, restaurants, English Bay, Sunset Beach, and the Seawall.
Title: Leasehold prepaid-NonStrata
Cost: The property is priced at $300,000. With a 20 per cent down payment of $60, 000 the studio would cost $1,008 a month on a 25-year loan with a 2.59 per cent interest rate.
Open house: Saturday 2 to 4 p.m. and Sunday 11 a.m. to 1 p.m.
Find out more .
1004-1250 Burnaby Street - $327,000
This West End suite at is another great option for first-time buyers. The 430 sqft suite has a functional layout, neutral colours throughout and an updated kitchen. Plus, the unit comes furnished. With a million-dollar view at the roof deck and a rooftop pool, it’s the perfect suite for when summer rolls around. The property is just steps away from Sunset Beach, shops, restaurants, parks, and transit. There are no rental restrictions on this property but no pets are allowed.
Title: Leasehold prepaid-NonStrata
Cost: The property is priced at $327,000. With a 20 per cent down payment of $65, 400 the studio would cost $1,185 a month on a 25-year loan with a 2.59 per cent interest rate.
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306-3680 Rae Avenue - $349,000
Cost: The property is priced at $349,000. With a 20 per cent down payment of $69,800, the studio would cost $1,265 a month on a 25-year loan with a 2.59 per cent interest rate.
Open house: Sunday, March 01 – 2 p.m. to 4 p.m.
Find out more .