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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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508 789 Drake Street, Vancouver
MLS®: R2998082
409
Sq.Ft.
1
Baths
0
Beds
1991
Built
Virtual Tour
Description
Immaculate studio in Downtown Vancouver. Thoughtfully designed with quality finishes and a sleek built-in Murphy bed that maximizes space and functionality. This exceptionally maintained unit is located in a proactive building with major upgrades already completed, offering long-term peace of mind. Walk to top restaurants, cafes, nightlife, groceries, transit, and University Canada West. Perfect for students, investors, or young professionals seeking a stylish home in a vibrant, inclusive, and walkable neighborhood. Offers excellent rental potential with a strong cap rate, low maintenance needs, and high desirability. A turn-key property in one of Vancouver’s most connected and exciting communities. Don’t miss this rare opportunity!
Amenities
Clubhouse
Trash
Maintenance Grounds
Management
Recreation Facilities
Snow Removal
Garden
Balcony
Elevator
Common Area