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Investment signal

$429,000

1609 838 HAMILTON STREET

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Beds

Baths

Sqft

—

Year

1995

Type

Single Family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Vancouver. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Investment opportunity at the Rosedale on Robson Suite Hotel in the heart of downtown Vancouver. This fully furnished hotel strata suite participates in the hotel-managed rental pool and is intended for investment purposes (not for personal residence or Airbnb). Owners receive a BONUS of up to 12 complimentary nights per year for personal use or guests in a fully furnished 2-bedroom suite at the hotel. Net income allocated to this unit was $32,752.33 (2024/2025) and $29,634.63 (2025/2026). Centrally located steps to BC Place, Rogers Arena, Library Square, shopping, restaurants and transit. Hotel amenities include a fitness centre, sauna, garden terrace and on-site restaurant. Turn-key downtown investment opportunity (id:65958)

Subtype: Single Family
Structure: Apartment
Common interest: Condo/Strata
Living area: 595 square feet
Lot dimensions: 0
Parking: 0 total
Condo/HOA fee: $795.19 monthly
On market: Mar 11, 2026
Status changed: Apr 20, 2026
Annual tax: $1,122.57 (2025)
Photos: 8
MLS#: R3098714
Area: VANCOUVER

Features and systems

Heating

Heat PumpBaseboard heatersElectric

Cooling

Air Conditioned

Lot

Central locationElevator

View

Pool

Indoor pool

Negative cash flow ~$509/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-7.12%

Cap rate

3.44%

GRM

16.6

Break-even rent

$2,686

Financing

Down payment$85,800

Loan amount$343,200

Mortgage$1,739/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$197

Insurance$80

Maintenance$358

CapEx reserve$179

Vacancy loss$108

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,739/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.