283 Columbia Street, Vancouver, V6A 2R5 — photo 1

$1,099,000

283 Columbia Street, Vancouver, V6A 2R5
Active
1 Bedrooms 2 Bathrooms 1,539 sqft Built 2006 Residential

About This Property

Rarely available 1,539sf (1,071sf main + 468sf up) ground floor LIVE/WORK unit at Koret Lofts. Centrally located in Gastown; HA2-zoning allows home &/or general/health care office, barber/beauty salon, or photofinishing/photography/artist studio (class A). 14'8” ceilings at front, designer lighting, integrated speakers & custom cabinetry. Heritage wood beams & concrete flrs. Complete renos in 2011. Top-of-the-line commercial-grade kitchen w/tons of counter space + Wolf & Gaggenau SS appliances. Loft suite has extensive built-ins & storage. Dream ensuite: double vanity; glass-enclosed marble shower w/built-in bench + hand-held/rain-shower heads; & separate tub. Powder room on main. 1 secured parking. Well-maintained bldg w/courtyard BBQ & bike room. Pets/Rentals friendly; no smoking bldg.

Property Details

MLS #

R3061452

Status

Active

Type

Residential

Sub-type

Apartment/Condo

Style

Live/Work Studio

Ownership

Freehold Strata

Zoning

HA-2

Bedrooms

1

Full Baths

1

Half Baths

1

Kitchens

1

Living Area

1,539 sqft

Main Floor

1,071 sqft

Year Built

2006

Age

20 years

Roof

Torch-On

Construction

Frame Metal, Frame Wood, Other, Brick (Exterior), Concrete (Exterior), Stucco

Structure

Multi Family, Residential Attached

Parking Stalls

1

Parking Type

Garage Under Building, Lane Access

Facing

East

Original Price

$1,298,000

Strata Fee

$948.23/mo

Taxes

$4,288.81/yr

Listed

2025-10-22

MLS Area

Downtown VE

City

Vancouver

Postal Code

V6A 2R5

Subdivision

Koret Lofts

Features & Finishes

Heating

Baseboard · Electric

Flooring

Concrete

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove · Wine Cooler

Laundry

In Unit

Interior Features

Elevator

Exterior Features

Garden · No Outdoor Area

Building & Community

Total Units

118

Pets

Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Restrictions

Pets Allowed w/Rest.,Rentals Allwd w/Restrctns,Smoking Restrictions

Strata Mgmt Co.

Tribe

Strata Mgmt Phone

604-343-2601

Lot Features

Central Location, Recreation Nearby

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Community

Shopping Nearby

Building Amenities

Bike Room · Caretaker · Trash · Management · Snow Removal

Disclosures

Property Disclosure

Yes

Coordinates: 49.282475, -123.102498 · Map data © Google

9.6

Hot Deal

Deal Score out of 10

Strong value relative to the market with clear seller motivation signals.

Value vs market25% below market $/sqft
Days on market195 days — significantly stale, strong negotiation position
Price historyPrice dropped 15% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$1,043,448

5.1% below asking price

Negotiation Range

$1,015,973$1,059,933

$43,960 spread

$1,015,973$1,099,000 ask

Based on 82 recent sales, a starting offer around $1,043,448 (5.1% below ask) is reasonable. Your negotiation range is $1,015,973 – $1,059,933.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Price already reducedSeller dropped from 15% off original ask — indicates motivation
Extended market time195 days listed — well above market avg of 175 days, increased negotiation leverage

Based on 82 residential sales in Vancouver (last 60 days) · Updated May 4

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