702 1008 CAMBIE STREET

Vancouver, British Columbia · Neighbourhood: Yaletown
C$549,000

Local Decision Guide

How should buyers evaluate 702 1008 CAMBIE STREET?

Start by reading this listing in its Vancouver Yaletown context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

Vancouver listings should separate R1-1, RS, RT, laneway house and multiplex rules during review. R1-1 is an important low-density housing reform signal, but heritage, trees, underground servicing, parking, corner-lot conditions and existing building condition can all change the practical outcome.

Vancouver R1-1 / RS / RT / laneway quick checklist
  • Confirm whether zoning is R1-1, RS, RT or another district.
  • Review laneway house, multiplex, heritage, tree, parking and servicing rules separately.
  • Do not rely on lot size alone; corner-lot conditions, underground servicing and existing building condition can affect the plan.
What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

For sale
702 1008 CAMBIE STREET

Remarks

Welcome to Waterworks in the heart of vibrant Yaletown. This bright and well-designed 1 bedroom, 1 bathroom home offers an open-concept layout with a Euro-style kitchen featuring stainless steel appliances, in-suite laundry, and large windows that bring in plenty of natural light and city views. Enjoy access to Club H2O, one of Yaletown´s premier amenity facilities with a fully equipped gym, indoor pool, steam room, squash court, and bike storage. Just steps to the seawall, parks, top restaurants, cafés, shops, and transit, offering the ultimate downtown lifestyle. Includes 1 secure underground parking stall. Pet- and rental-friendly building, making it an excellent home or investment opportunity in one of Vancouver´s most sought-after neighborhoods. (id:56153)

Property Details

Apartment
Building Type
1
Bedrooms
1
Bathrooms
1997
Year Built
29 years
Age
74
Days on Site
597 sqft
Interior Size
C$920
Price per Sqft

Complex Name: Waterworks

Transaction: For sale

Status: active

Listing ID: 29504924 (R3102427)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$549,000

PID: 023-933-992

Days on Site: 74 days

Added to BurnabyHouse: 2026-03-23

Updated on: 2026-06-01 09:06 AM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Elsie Roy Elementary ELEMENTARY
Public · School District 39
150 Drake St, Vancouver, BC
Straight-line distance about 512.2 m
King George Secondary SECONDARY
Public · School District 39
1755 Barclay St, Vancouver, BC
Straight-line distance about 2.1 km
Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
Urban Fare
About 278.3 m away
177 Davie Street, Vancouver
Nesters Market
About 420.7 m away
990 Seymour Street, Vancouver
Shopping Centres
Downtown Farmers Market
About 569.6 m away
Vancouver Centre
About 689.1 m away
753 Seymour Street, Vancouver
Parks / Green Space
Helmcken Park
About 144.6 m away
Ring Gear
About 162.1 m away
Rapid Transit Stations
Yaletown - Roundhouse Stn
About 319.4 m away

Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Mon, 01 Jun 2026 07:59:47 AM PDT

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