506 488 Helmcken St, Vancouver BC - Apartment/Condo for Sale - MLS# R3114989

$769,900
Est. Mortgage $3,406/mo
2 Beds
2 Baths
823 sqft
935 $ /sqft
550.41 $ Maint. fee
1995 built
$769,900
Est. $3,406/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 506 488 Helmcken Street

Beautiful south-west corner 2Bed/2Bath condo with great layout in Yaletown. Balcony and Patio with fantastic view overlooking Emery Barnes Park. This building has live-in caretaker, games room and sauna.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Heating Type Electric
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Torch-On
Structures Multi Family, Residential Attached

Building Details

Price $769,900
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 823
Year Built 1995
Age Of Building 31
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Recreation Facilities, Sauna/Steam Room, Caretaker, Maintenance Grounds, Hot Water, Management, Snow Removal
Ownership Type Freehold Strata
Maintenance Fee $550.41
Amenities Nearby Recreation Facilities, Sauna/Steam Room, Caretaker, Maintenance Grounds, Hot Water, Management, Snow Removal
Utility Type Community
Water (WaterSource) Public
Parking Type Underground
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions

Lot & Land

Lot Size Depth Feet
MLS® # R3114989
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Postal Code V6B 6E4
Gross Taxes $2,541.39
Zoning MF

Property Timeline

Status Date Price
R3114989 / Active 04-22-2026 $769,900
Rooms
Floor Type Dimensions
Main Level Kitchen 8'4 x 8'4 ft
Main Level Living Room 14'4 x 14'4 ft
Main Level Dining Room 14'4 x 14'4 ft
Main Level Primary Bedroom 19'3 x 19'3 ft
Main Level Bedroom 10'11 x 10'11 ft
Main Level Patio 19'2 x 19'2 ft
Main Level Patio 16'1 x 16'1 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Main Level No #4

Listed by: Oakwyn Realty Ltd.

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
1.76 km
Elementary
Lord Strathcona Community Elementary School
1.02 km

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

Private Schools

Elementary
Anchor Point Montessori
0.58 km
Secondary
Pattison School
0.48 km

Closest Transit

Bus Stop
Northbound Seymour St @ Davie St
0.14 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.27 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
52%
No Certificate/Degree
Below Average
5.5%
Owner Occupied
Average
73.7%
Employment Rate
Below Average
27.3%

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 506 488 Helmcken Street

BC Assessment Value — 506 488 Helmcken Street

2026 assessed value, sourced from City of Vancouver open data (PID 023-040-459).
Total Assessed Value (2026)
$785,000
-3.7% YoY
-1.4%/yr over 4 yr
2022 Value Trend 2026
Land
$548,000
Buildings
$237,000
Year Built
1995
Class
Comprehensive Development
Zoning
DD
Property Tax
$2,641
Year Land Improvements Total Assessed YOY Change
2026 $548,000 $237,000 $785,000
-3.7%
2025 $569,000 $246,000 $815,000
-4.9%
2024 $598,000 $259,000 $857,000
-0.5%
2023 $601,000 $260,000 $861,000
+3.9%
2022 $545,000 $284,000 $829,000

Mortgage Calculator for 506 488 Helmcken Street

/month
Principal & Interest
Property Taxes $212
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($153,980), the estimated monthly payment for this listing is $3,702/month — $2,940 principal & interest, $212 property tax, $550 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 $2,771/month, this property runs a $979/month shortfall after mortgage and carrying costs. Break-even requires approximately 47% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Yaletown, Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $769,900
Vancouver Loading...
Yaletown Loading...

Based on 50 comparable active apartments/condos in Yaletown, the average asking price is $864,440. This listing is priced 10.9% 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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