11 condos under $500,000 in downtown Vancouver

There's plenty on the market for under $500,000 in downtown Vancouver, you just have to know where to look.

The renovated kitchen and bathroom give this Hornby Court studio a sparkling new look.The renovated kitchen and bathroom give this condo at 1330 Hornby Street a sparkling new look. PHOTO BY COURTESY OF REW.CA /PNG

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Are people fleeing downtown Vancouver for the suburbs? Not exactly. But while much of the rest of Metro Vancouver has seen an upswing in sales in the last couple of months, downtown condos are holding steady, with supply outpacing demand.

“This is the first time since May 2014 that we have seen over 1,000 active (condo) listings in downtown Vancouver,” realtor Ian Watt told the Sun earlier this month. Watt’s specialty is Yaletown condos. Listings have gone up by 54 per cent since August 2019.

This means it’s a verging on a buyers’ market in downtown west. Courtesy of REW.ca, here’s what you can get for less than $500,000:

One of two one-bedrooms on this list, this 570-square-foot unit features southwest facing views and a gas fireplace among other things.One of two one-bedrooms on this list, this 570-square-foot unit features southwest facing views and a gas fireplace among other things. Courtesy of REW.ca PHOTO BY REW/HANDOUT /PNG

1. $499,900: 2001-63 Keefer Pl.

The first of two one-bedrooms in this list—the rest are studios—this 570-square-foot unit comes with southwest facing views and a gas fireplace, air conditioning, in-suite laundry, underground parking and storage. Building (the Europa) amenities include a pool, hot tub, sauna, exercise centre and concierge. Pets and rentals allowed.

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Building amenities include indoor pool, hot tub, dry sauna, change room, gym, party room, outdoor garden and bike room.Building amenities include indoor pool, hot tub, dry sauna, change room, gym, party room, outdoor garden and bike room. Courtesy of REW.ca PHOTO BY REW/HANDOUT /PNG

2. $499,000: 803-1188 Howe St.

Granite countertops, stainless steel appliances, and new laminate floor are among the features in this open-plan 495-square-foot one-bedroom. Building amenities include; indoor pool, hot tub, dry sauna, change room, gym, party room, outdoor garden and bike room.

This is an concept 412-square-foot studio.This is an concept 412-square-foot studio. Courtesy of REW.ca PHOTO BY REW/HANDOUT /PNG

3. $497,000: 308-969 Richards St.

Contemporary cabinets, open concept 412-square-footer with built-in Murphy-bed, built-in closets and storage rooms. Building (the Mondrian 2) amenities: exercise room, whirlpool, and steam room. Pets and rentals allowed. No parking.

This south-east corner studio features a bedroom-sized den that gets plenty of sun and its own parking stall.This south-east corner studio features a bedroom-sized den that gets plenty of sun and its own parking stall. Courtesy of REW.ca PHOTO BY REW/HANDOUT /PNG

4. $490,000: 315-1189 Howe St.

This south-east corner studio (497 square feet) features a bedroom-sized den that gets plenty of sun, when available, courtesy of floor-to-ceiling windows spanning from east to south. Parking stall included. It’s one of four under condos in this list in the Genesis, whose amenities include pool, hot tub, sauna, gym, billiards lounge, media room, guest suite, 5,000-square-foot terrace garden, 24-hour concierge and security patrol. Pets and rentals allowed.

This east-facing 412-square-foot studio offers a solid urban view and lots of natural sunlight.This east-facing 412-square-foot studio offers a solid urban view and lots of natural sunlight. Courtesy of REW.ca PHOTO BY REW/HANDOUT /PNG

5. $489,900: 705-1225 Richards St.

This east-facing 412-square-foot studio offers a solid urban view and lots of natural sunlight. It comes with a Murphy bed and in-suite laundry. Building (Eden) amenities: a guest suite, party room, gym, and hot tub. Pets and rentals allowed.

This studio features granite counter tops, stainless steel appliances, and in-suite laundry.This studio features granite counter tops, stainless steel appliances, and in-suite laundry. Courtesy of REW.ca PHOTO BY REW/HANDOUT /PNG

6. $461,000: 304-1155 Seymour St.

Studio (470 square feet) and den in an end-corner suite. Features include granite counter tops, stainless steel appliances, and built-in Murphy bed, in-suite laundry, balcony and storage locker. Building amenities: outdoor pool and spa, sauna/steam room, party/meeting rooms and concierge. Pets and rentals allowed.

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This corner studio includes a flex space.This corner studio includes a flex space. Courtesy of REW.ca PHOTO BY REW/HANDOUT /PNG

7. $438,000: 609-1189 Howe St.

Corner studio (439-square-feet) with a flex space, and a balcony with a view of the city and courtyard.

This studio measures 408 square feet.This studio measures 408 square feet. Courtesy of REW.ca PHOTO BY REW/HANDOUT /PNG

8. $429,000: 502-1189 Howe St.

Another studio in the Genesis building, this one 408 square feet with in-suite laundry and a balcony.

This 429-square-foot studio includes flex space and a patio.This 429-square-foot studio includes flex space and a patio. Courtesy of REW.ca PHOTO BY REW/HANDOUT /PNG

9. $425,800: 214-1189 Howe St.

429-square-foot studio with flex space and patio (94 square feet). Located on the second-level courtyard of the Genesis. Parking stall included.

No pets allowed in this 397-square-foot studio.No pets allowed in this 397-square-foot studio. Courtesy of REW.ca PHOTO BY REW/HANDOUT /PNG

10. $425,000: 408-789 Drake St.

A 397-square-foot corner unit open studio, shared laundry. Rentals yes, pets no. Shared laundry.

The renovated kitchen and bathroom give this Hornby Court studio a sparkling new look.The renovated kitchen and bathroom give this Hornby Court studio a sparkling new look. Courtesy of REW.ca PHOTO BY COURTESY OF REW.CA /PNG

11. $425,000: 705-1330 Hornby St.

The renovated kitchen and bathroom (updated cabinetry, backsplash, and quartz countertops) give this 408-square-foot Hornby Court studio a sparkling new look. Custom shelving in the walk-in closet is an added bonus.

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