CONDOS FOR SALE

GASTOWN

  • Downtown Suites Ltd. BBB Business Review

1008 501 Pacific Street
Downtown VW Vancouver V6Z 2X6

$475,000
Residential beds: 0 baths: 1.0 408 sq. ft. built: 1999

Doorway to property
Photo 1: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 2: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 3: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 4: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 5: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 6: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 7: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 8: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 9: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 10: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 11: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 12: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 13: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 14: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 15: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 16: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 17: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 18: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 19: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 20: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 21: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Photo 22: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
Status:
Active
Prop. Type:
Residential
MLS® Num:
R3015100
Bathrooms:
1
Year Built:
1999
Live at The 501—one of Vancouver’s most sought-after buildings in a prime location steps to the Seawall, parks, transit, and Yaletown’s shops and restaurants. This efficiently laid-out studio includes 1 parking and 1 storage locker. The building offers a strong list of amenities: concierge, indoor/outdoor pool, hot tub, sauna, gym, two guest suites, lounge, media room, garden terrace with BBQ, meeting room, bike room, and a sand volleyball court. Ideal for FTBs or investors.
Property Type:
Residential
Dwelling Type:
Apartment/Condo
Home Style:
Bachelor/Studio
Ownership:
Freehold Strata
Common Interest:
Condominium
Year built:
1999 (Age: 26)
Living Area:
408 sq. ft.
Building Area - Total:
408 sq. ft.
Bedrooms:
0 (Above Grd: 0)
Bathrooms:
1.0 (Full:1/Half:0)
Taxes:
$1,353.49 / 2024
Outdoor Area:
Balcony
Plan:
LMS4050
Construction Materials:
Concrete, Concrete (Exterior), Glass (Exterior), Mixed (Exterior)
No. Floor Levels:
1.0
Floor Area Fin - Above Main:
0 sq. ft.
Floor Area Fin - Above Main 2:
0 sq. ft.
Floor Area Fin - Main:
408 sq. ft.
Floor Area Fin - Total:
408 sq. ft.
Fireplaces:
1
Fireplace Details:
Gas
Parking Features:
Underground
Parking:
Underground
Parking Total/Covered:
1 / 1
Pool Features:
Indoor, Outdoor Pool
Spa Features:
Swirlpool/Hot Tub
Elevator, Guest Suite
Tennis Court(s), Balcony
Indoor Pool, Outdoor Pool, Tennis Court(s), Laundry In Unit, Clubhouse, Exercise Centre, Concierge, Recreation Facilities, Swirlpool/Hot Tub, Elevator, Guest Suite
CITY
Clubhouse, Exercise Centre, Concierge, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Shopping Nearby
1
Swirlpool/Hot Tub
Indoor Pool, Outdoor Pool, Dishwasher, Refrigerator, Tennis Court(s), Laundry In Unit, Clubhouse, Exercise Centre, Swirlpool/Hot Tub, Elevator
Washer/Dryer, Dishwasher, Refrigerator, Stove
In Unit
Association Fee:
$350.79
Age Restrictions:
No
Tax Utilities Included:
false
By-Law Restrictions:
Pets Allowed With Restrictions
Pets Allowed:
Yes With Restrictions
Home Owners Association:
Yes
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Sewer:
Public Sewer, Sanitary Sewer
  • Photo 1: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    Doorway to property
  • Photo 2: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    Unfurnished living room featuring baseboard heating, wood finished floors, healthy amount of natural light, and a baseboard radiator
  • Photo 3: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    Unfurnished living room with healthy amount of natural light, wood finished floors, and a glass covered fireplace
  • Photo 4: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    Kitchen with freestanding refrigerator, white microwave, under cabinet range hood, a peninsula, and a baseboard heating unit
  • Photo 5: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    Unfurnished room with wood finished floors and a smoke detector
  • Photo 6: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    View of city
  • Photo 7: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    Kitchen with freestanding refrigerator, light wood finished floors, pendant lighting, and light brown cabinetry
  • Photo 8: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    Kitchen featuring black appliances, under cabinet range hood, light wood-style floors, tasteful backsplash, and a baseboard heating unit
  • Photo 9: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    Full bath with tub / shower combination, tile patterned flooring, and vanity
  • Photo 10: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    Full bath featuring estacked washer and dryer, tile patterned floors, vanity, a tub, and decorative backsplash
  • Photo 11: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    Lobby with recessed lighting, floor to ceiling windows, and wood walls
  • Photo 12: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    Lobby featuring recessed lighting
  • Photo 13: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    Kitchen with elevator, dark tile patterned flooring, and a high ceiling
  • Photo 14: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    View of indoor pool
  • Photo 15: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    View of pool featuring a covered pool
  • Photo 16: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    View of patio / terrace featuring outdoor dining space
  • Photo 17: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    View of building exterior featuring a city view
  • Photo 18: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    Exercise room featuring recessed lighting
  • Photo 19: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    Building lobby with recessed lighting
  • Photo 20: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    Indoor bar with freestanding refrigerator, recessed lighting, and finished concrete floors
  • Photo 21: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    View of patio featuring outdoor dining space
  • Photo 22: 1008 501 Pacific Street in Vancouver: Downtown VW Condo for sale (Vancouver West)  : MLS®# R3015100
    View of floor plan / room layout
Listed by Century 21 In Town Realty
Data was last updated July 13, 2025 at 01:40 PM (UTC)
Area Statistics
Listings on market:
545
Avg list price:
$798,000
Min list price:
$398,000
Max list price:
$17,800,000
Avg days on market:
54
Min days on market:
2
Max days on market:
738
Avg price per sq.ft.:
$1,086.36
These statistics are generated based on the current listing's property type and located in Downtown VW. Average values are derived using median calculations. This data is not produced by the MLS® system.
Nicholas Meyer
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Introducing Gastown

gastown2Gastown is the oldest neighbourhood in downtown Vancouver.

The original fledgling city was centred around what is now Gassy Jack Square but burnt down in the Great Fire of 1886.  The Alhambra on Carrall Street is now the oldest building in Vancouver.  The area is host to a wide variety of different stratas of society.  For many years the area fell into decay and became a ghetto for the homeless and many addicts of various substances.  However, with its proximity to the downtown core and its interesting heritage architecture it became a place of choice for many of the City’s artistic community and slowly a renaissance began.  Many of the original residents are still living here but in much improved housing thanks to the City.

Most if not all of the seriously bad old rooming houses have been renovated, The Pennsylvania, Ranier and Alhambra Hotels on  Carrall Street are probably the most recent renovations and look wonderful.  Hopefully, with more funding more of these old buildings can be restored. The area is gradually being gentrified but with sensitivity.

Several pioneers have led the way for the alternative self owned housing that is now flourishing in the neighbourhood.  The first self owned building was Mission House at 150 Alexander, this 1911 structure was refitted in the mid ’80’s and soon several other developers  at 27 Alexander (The Alexis), 41 Alexander (The Captain French) and 55 Alexander  gradually started to build and renovate.

Some of the other notable loft buildings in the area are 28 Powell, its neighbour The Globe, and Abbott Place at 233 Abbott.   Then about 14 years ago, Brad Holme, an old high school (Magee) friend of Nicholas Meyer, President of Downtown Suites, started to build some loft buildings on Cordova Street, The Van Horne (171 lofts) and Carrall Station (71 lofts).  Nicholas also has been part of the process serving on the City’s Carrall Street Greenway Steering Committee, the Gastown Historic Committee and several strata councils.

Currently,  there has been restoration of some wonderful architecture on Water Street, namely The Taylor Building across from the Steam clock at 310 Water, The Terminus, The Garage and The Bowman Block and Paris and the Paris Annex close by.

What were once run down old buildings are now very chic and home to fine restaurants, unique pubs i.e. The Irish Heather, boutiques and city residences; some of which are costing well in excess of a million dollars.  Possibly, the most notable contribution is the recent transformation of Woodward’s, an old department store bounded by Hastings, Cordova, Abbott and Cambie Streets.  The new version, still has the old original store but there are two towers (42 and 30 stories respectively) which will probably be the catalyst to transform the area forever. It now houses Simon Fraser University (SFU) School for the Contemporary Arts as well as banks and shopping.  Also close by with several campuses is the world renowned Vancouver Film School (VFS).

 

 

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Two words best describe Nic, Consummate Professional. Nic get’s the job done, quickly, quietly and most effectively and that is all you can ask. Without knowing me, he set up several introductions with major property developers in Lower Mainland and helped me provide my investors several viable options to expand their portfolios.
I’ve known and worked with Nicholas for the past 20 years. When it comes to rental suites, nobody knows the market better than him. You will always be satisfied utilizing not only his services but his knowledge is incredible.




I have worked with Nic and His staff since 2005 and found him and his staff to be the BEST Property managers in Vancouver… My downtown clients swear by him as well…. Reliable, Dependable 1st Class

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Leadership qualities that set an example for others to aspire to. Building a lasting foundation of integrity in the marketplace. Nicholas, is a model for anyone to follow. Balancing a healthy lifestyle, with a successful business model in 2015.
All dealings with Nicholas have been businesslike and have reached a successful conclusion. Throughout our dealings he was honourable and ethical, making our relationship positively conclusive.I have known Nicholas for approximately 15 years.