502 1277 Melville St, Vancouver BC - Apartment/Condo for Sale - MLS# R3118397

$1,229,000
Est. Mortgage $5,437/mo
Flatiron
2 Beds
2 Baths
1265 sqft
972 $ /sqft
1149.3 $ Maint. fee
2008 built
30.11% cheaper than comparables
$1,229,000
Est. $5,437/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 502 1277 Melville Street

30.11% cheaper than comparables

Welcome to Residence 502 at the boutique Flatiron in prestigious Coal Harbour. This exclusive concrete building features only 52 homes in total, with just two residences per floor and no shared walls, offering exceptional PRIVACY rarely found in downtown living. Enjoy approximately 1,200 sq.ft. of spacious interior living with floor-to-ceiling windows and abundant natural light throughout. A unique developer-enhanced layout removed the original solarium divider wall to create one expansive open living area perfect for everyday comfort and entertaining. The thoughtful floor plan provides excellent bedroom separation and generous principal rooms, along with 2 PARKING stalls and a LOCKER. Just steps to the seawall & Stanley Park. Geothermal energy powers building COOLING & HEATING. OPEN MAY03

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Interior Features Elevator, Storage
Heating Type Geothermal, Hot Water, Radiant
Laundry In Unit
# of Kitchens 1
Flooring Hardwood, Tile, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Structures Multi Family, Residential Attached

Building Details

Price $1,229,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1265
Year Built 2008
Age Of Building 18
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Geothermal
Building Name Flatiron
Ownership Type Freehold Strata
Maintenance Fee $1,149.3
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Geothermal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Single, Rear Access
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Yes With Restrictions
Units In Development 52

Lot & Land

Lot Size Depth Feet
MLS® # R3118397
Area Vancouver West
Neighbourhood Coal Harbour
City Vancouver
Postal Code V6E 0A4
Gross Taxes $4,150
Zoning RM

Property Timeline

Status Date Price
R3118397 / Active 05-01-2026 $1,229,000
Rooms
Floor Type Dimensions
Main Level Living Room 24'4 x 24'4 ft
Main Level Kitchen 11'2 x 11'2 ft
Main Level Dining Room 11'10 x 11'10 ft
Main Level Bedroom 12'1 x 12'1 ft
Main Level Bedroom 12'1 x 12'1 ft
Main Level Foyer 9'1 x 9'1 ft
Main Level Storage 10'2 x 10'2 ft
Main Level Solarium 11'0 x 11'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #5
Main Level No #4

Listed by: Royal LePage Sussex

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
0.8 km
Elementary
Lord Roberts Annex
0.7 km
Elementary
Lord Roberts Elementary School
Average
0.97 km
4.6/10

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

Private Schools

Elementary
Madrona School
0.68 km
Secondary
Pattison School
0.87 km

Closest Transit

Bus Stop
Eastbound W Pender St @ Jervis St
0.02 km
Skytrain
Skytrain @ Burrard Stn
0.53 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
57.4%
No Certificate/Degree
Below Average
3.2%
Owner Occupied
Below Average
56%
Employment Rate
Below Average
43.2%

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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 502 1277 Melville Street

BC Assessment Value — 502 1277 Melville Street

2026 assessed value, sourced from City of Vancouver open data (PID 027-707-342).
Total Assessed Value (2026)
$1,239,000
-6.9% YoY
-2.2%/yr over 4 yr
2022 Value Trend 2026
Land
$851,000
Buildings
$388,000
Year Built
2008
Class
Comprehensive Development
Zoning
DD
Property Tax
$4,168
Year Land Improvements Total Assessed YOY Change
2026 $851,000 $388,000 $1,239,000
-6.9%
2025 $914,000 $417,000 $1,331,000
-2.1%
2024 $933,000 $426,000 $1,359,000
-7.4%
2023 $1,007,000 $460,000 $1,467,000
+8.1%
2022 $861,000 $496,000 $1,357,000

Mortgage Calculator for 502 1277 Melville Street

/month
Principal & Interest
Property Taxes $346
Maintenance fee 0
A 20% down payment of $245,800 on this $1,229,000 listing yields an estimated mortgage of $4,694/month (30-year fixed, 4%). Total estimated housing cost: $6,189/month, $346 property tax, $1,149 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%
With $3,687/month in estimated rental income against $6,242/month in mortgage payments, the monthly cashflow is -$2,555/month. A 64% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Coal Harbour, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $1,229,000
Vancouver Loading...
Coal Harbour Loading...

Based on 20 comparable active apartments/condos in Coal Harbour, the average asking price is $1,815,755. This listing is priced 32.3% below the neighbourhood average. This property is flagged as a Hot Deal (30.11% 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

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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