506 583 Beach Cres, Vancouver BC - Apartment/Condo for Sale - MLS# R3077647

$1,280,000
Est. Mortgage $5,663/mo
2 Beds
2 Baths
1056 sqft
1212 $ /sqft
688.16 $ Maint. fee
2005 built
5.2% price reduction
$1,280,000
$1,350,000
Est. $5,663/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 506 583 Beach Crescent

5.2% price reduction

Beautiful corner unit at Two Parkwest offering 1,055 sq.ft, of thoughtfully designed living space plus a generous balcony overlooking the park and False Creek. This bright 2-bedroom + den home features an open-concept layout, modern kitchen with quality finishes, spacious living and dining areas, in-suite laundry, and underground parking. Enjoy resort-style amenities including pool, hot tub, recreation centre, and exercise room. Unbeatable Beach Crescent location just steps to the seawall, marina, parks, Yaletown shops, dining, and transit—perfect for an urban waterfront lifestyle.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Humidifier, Range Top
Heating Type Electric
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

View Description park and water
Roof Concrete
Structures Multi Family, Residential Attached

Building Details

Price $1,280,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1056
Year Built 2005
Age Of Building 21
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Concierge, Trash, Management, Recreation Facilities, Snow Removal
Ownership Type Freehold Strata
Maintenance Fee $688.16
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Concierge, Trash, Management, Recreation Facilities, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Garage Single
Total Parking Spaces 1
Strata Restrictions No Restrictions

Lot & Land

MLS® # R3077647
Area Vancouver West
Neighbourhood Yaletown
City Vancouver
Postal Code V6Z 3E6
Gross Taxes $4,178.48
Zoning CD-1

Property Timeline

Status Date Price
R3077647 / Pending 01-06-2026 $1,280,000
Rooms
Floor Type Dimensions
Main Level Living Room 17' x 17' ft
Main Level Dining Room 8' x 8' ft
Main Level Kitchen 8'10 x 8'10 ft
Main Level Primary Bedroom 11'6 x 11'6 ft
Main Level Bedroom 9' x 9' ft
Main Level Den 9'1 x 9'1 ft
Main Level Storage 6' x 6' ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #5
Main Level No #4

Listed by: LeHomes Realty Premier

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
1.9 km
Elementary
Elsie Roy Elementary School
Average
0.5 km
6.1/10

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

Private Schools

Elementary
Anchor Point Montessori
0.41 km
Secondary
Pattison School
0.88 km

Closest Transit

Bus Stop
Eastbound Pacific St @ Seymour Mews
0.12 km
Skytrain
Skytrain @ Yaletown-Roundhouse 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
57.6%
No Certificate/Degree
Below Average
3.3%
Owner Occupied
Below Average
53.3%
Employment Rate
Below Average
34.1%

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 506 583 Beach Crescent

BC Assessment Value — 506 583 Beach Crescent

2026 assessed value, sourced from City of Vancouver open data (PID 026-238-721).
Total Assessed Value (2026)
$1,260,000
-6.0% YoY
-0.6%/yr over 4 yr
2022 Value Trend 2026
Land
$868,000
Buildings
$392,000
Year Built
2005
Class
Comprehensive Development
Zoning
CD-1 (366)
Property Tax
$4,239
Year Land Improvements Total Assessed YOY Change
2026 $868,000 $392,000 $1,260,000
-6.0%
2025 $923,000 $417,000 $1,340,000
-3.0%
2024 $951,000 $430,000 $1,381,000
-2.5%
2023 $976,000 $441,000 $1,417,000
+9.7%
2022 $891,000 $401,000 $1,292,000

Mortgage Calculator for 506 583 Beach Crescent

/month
Principal & Interest
Property Taxes $348
Maintenance fee 0
Financing 80% of the $1,280,000 asking price over 30 years at 4% results in approximately $5,925/month in total estimated carrying costs, $348 property tax, $688 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%
This listing generates an estimated $3,840/month in rental income, leaving a -$2,140/month cashflow at current carrying costs. Investors targeting break-even would need roughly 56% 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 $1,280,000
Vancouver Loading...
Yaletown Loading...

Based on 68 comparable active apartments/condos in Yaletown, the average asking price is $1,488,269. This listing is priced 14% below the neighbourhood average. This property is flagged as a Hot Deal (5.2% price reduction) 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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $8,385
0 of 17 missions

Sign up on Estateblock.com

$419 / 5%

Buy with us & save on this property

Similar Condos for Sale in Yaletown

Recently Sold Homes Near 506 583 Beach Crescent