501 28 Powell St, Vancouver BC - Apartment/Condo for Sale - MLS# R3111524

$700,000
Est. Mortgage $3,097/mo
Powell Lane
1 Beds
1 Baths
801 sqft
874 $ /sqft
558.68 $ Maint. fee
1992 built
$700,000
Est. $3,097/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

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Property Details for 501 28 Powell Street

One-of-a Kind Gastown Condo with a/ Private Rooftop Patio! Powell Lane is a 26 unit, boutique building situated in the heart of Vancouver’s historic Gastown. Locals and tourists alike flock to this neighbourhood year round to take in its charm. This 801 SqFt corner home is bursting with natural light and character. Updated with modern finishings, you’ll enjoy the polished concrete floors with the warmth of the gas fireplace, floor to ceiling windows, in-suite laundry and even an area to work. In the summertime, switch gears and move the party upstairs to your private rooftop patio over looking a quintessential Vancouver skyline and North Shore Mountains. Parking and locker included. Pets allowed and Airbnb for up to 30 days! Call now.

Interior Features

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

Exterior Features

View Description Peekaboo Mountain
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $700,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 801
Year Built 1992
Age Of Building 34
Building Type Apartment/Condo
Property Type Residential
Architecture Style Loft/Warehouse Conv.
Stories 1
Building Amenities Bike Room, Trash, Gas, Hot Water, Management, Sewer, Snow Removal, Water
Building Name Powell Lane
Ownership Type Freehold Strata
Maintenance Fee $558.68
Community Features Shopping Nearby
Amenities Nearby Bike Room, Trash, Gas, Hot Water, Management, Sewer, Snow Removal, Water
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Lane Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Units In Development 26

Lot & Land

Lot Size Depth Feet
MLS® # R3111524
Area Vancouver East
Neighbourhood Downtown VE
City Vancouver
Postal Code V6A 1E7
Gross Taxes $2,659.88
Zoning HA-2

Property Timeline

Status Date Price
R3111524 / Active 04-14-2026 $700,000
Rooms
Floor Type Dimensions
Main Level Living Room 17' x 17' ft
Main Level Dining Room 15'3 x 15'3 ft
Main Level Office 5'6 x 5'6 ft
Main Level Kitchen 9'6 x 9'6 ft
Main Level Primary Bedroom 6'10 x 6'10 ft
Main Level Laundry 4'7 x 4'7 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Sutton Group-West Coast 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

Elementary
Lord Strathcona Community Elementary School
0.75 km
Secondary
Britannia Community Secondary School
2.52 km

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

Private Schools

Elementary
The Westside School
0.93 km
Secondary
Sino Bright School BC
0.45 km

Closest Transit

Bus Stop
Westbound Powell St @ Columbia St
0.06 km
Skytrain
Skytrain @ Stadium Stn
0.60 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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 501 28 Powell Street

BC Assessment Value — 501 28 Powell Street

2026 assessed value, sourced from City of Vancouver open data (PID 018-025-285).
Total Assessed Value (2026)
$707,000
-17.1% YoY
-3.9%/yr over 4 yr
2022 Value Trend 2026
Land
$540,000
Buildings
$167,000
Year Built
1993
Class
Historical Area
Zoning
HA-2
Property Tax
$2,378
Year Land Improvements Total Assessed YOY Change
2026 $540,000 $167,000 $707,000
-17.1%
2025 $651,000 $202,000 $853,000
-3.5%
2024 $675,000 $209,000 $884,000
+3.5%
2023 $652,000 $202,000 $854,000
+2.9%
2022 $591,000 $239,000 $830,000

Mortgage Calculator for 501 28 Powell Street

/month
Principal & Interest
Property Taxes $222
Maintenance fee 558.68
Based on a 30-year fixed at 4% interest with 20% down ($140,000), the estimated monthly payment for this listing is $3,455/month — $2,674 principal & interest, $222 property tax, $559 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%
At an estimated rental income of $2,590/month, this property runs a $922/month shortfall after mortgage and carrying costs. Break-even requires approximately 48% down.
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 $700,000
Vancouver Loading...
Downtown VE Loading...

Based on 7 comparable active apartments/condos in Downtown VE, the average asking price is $646,433. This listing is priced 8.3% 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 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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