Listed 2 Hours Ago
Highlights
Pet Friendly
Location
12 Water Street #501, Vancouver, BC V6B 1A5, CA|Downtown Vancouver
Tour 12 Water Street #501
Contact
David Hung
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Property management
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Property Overview
I’m missing the actual details for the “Pros,” “Great for,” and “Notable features” sections for 12 Water Street #501, Vancouver, BC V6B 1A5, CA. Please share those three analysis results, and I’ll turn them into a concise 2–3 sentence summary under 100 words.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive
Great for
Pet owners
Amenities for 12 Water Street #501, Downtown Vancouver
Features
| Air Conditioning | Central Heat |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Cats OK | Dogs OK |
Grounds
| Storage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
About 12 Water Street #501
Sweet deal!
This listing is 19% below the median price for 1 bedroom apartments in Downtown Vancouver.
Air-Conditioned 1 Bedroom Loft at The Garage – Gastown Located in the heart of Gastown, The Garage is a distinctive heritage loft conversion in downtown Vancouver. This renovated, air-conditioned 1-bedroom, 1-bathroom suite offers approximately 600 sq. ft. of open-concept living, combining original industrial character with modern finishes. The suite features polished concrete floors, Miele appliances, contemporary European cabinetry, and a modern bathroom with a frameless glass shower. Additional features include air conditioning, in-suite laundry, and one storage locker. The building is accessed through a private courtyard shared with local businesses, including Meet, The Coffee Bar, and Neighbour. Conveniently located approximately a 5-minute walk from Waterfront Station, the home is also steps from Portside Park, the Seawall, restaurants, cafés, shops, and other downtown amenities. Features: Approximately 600 sq. ft. of living space 1 bedroom and 1 bathroom Air conditioning Miele appliances Polished concrete flooring European cabinetry Frameless glass shower In-suite laundry 1 storage locker included 1 small pet permitted with approval Available now. Contact us to arrange a private viewing
Lease Terms
1 yearProperty highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 12 Water Street, Vancouver, BC V6B 4K7, Canada compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
Address details
| Neighborhood | Downtown Vancouver |
|---|---|
| Post code | V6B 1A5 |
| Type | Condo for rent |
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Rent trends in Downtown Vancouver
1-bedroom apartments at 12 Water Street #501 cost about 19% less than the average rent price for 1-bedroom apartments in Vancouver.
Median rents as of Oct 31 2026.
Downtown Vancouver
Vancouver
| Month | Median Rent |
|---|---|
| November 2024 | $2,580 |
| December 2024 | $2,555 |
| January 2025 | $2,550 |
| February 2025 | $2,533 |
| March 2025 | $2,502 |
| April 2025 | $2,522 |
| May 2025 | $2,528 |
| June 2025 | $2,546 |
| July 2025 | $2,500 |
| August 2025 | $2,500 |
| September 2025 | $2,533 |
| October 2025 | $2,499 |
| November 2025 | $2,428 |
| December 2025 | $2,431 |
| January 2026 | $2,410 |
| February 2026 | $2,392 |
| March 2026 | $2,400 |
| April 2026 | $2,369 |
| May 2026 | $2,369 |
| June 2026 | $2,406 |
| July 2026 | $2,407 |
| August 2026 | $2,385 |
| September 2026 | $2,389 |
| October 2026 | $2,399 |
| Month | Median Rent |
|---|---|
| November 2024 | $2,795 |
| December 2024 | $2,731 |
| January 2025 | $2,737 |
| February 2025 | $2,712 |
| March 2025 | $2,765 |
| April 2025 | $2,806 |
| May 2025 | $2,844 |
| June 2025 | $2,827 |
| July 2025 | $2,778 |
| August 2025 | $2,774 |
| September 2025 | $2,799 |
| October 2025 | $2,742 |
| November 2025 | $2,673 |
| December 2025 | $2,650 |
| January 2026 | $2,607 |
| February 2026 | $2,606 |
| March 2026 | $2,668 |
| April 2026 | $2,668 |
| May 2026 | $2,749 |
| June 2026 | $2,735 |
| July 2026 | $2,703 |
| August 2026 | $2,699 |
| September 2026 | $2,700 |
| October 2026 | $2,699 |
Affordability calculator
Can I afford to live at 12 Water Street #501?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$88,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 1-bedroom monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | ||||
|---|---|---|---|---|
| 1 Bed, 1 Bath | 1 year ago | $2,300 | 1 bed | 1 bath |
| Studio, 1 Bath | 1 year ago | $2,400 | Studio | 1 bath |
| Studio, 2 Baths | 1 year ago | $2,500 | Studio | 2 bath |
| 2 Beds, 2 Baths | 7 years ago | $3,050 | 2 bed | 2 bath |
Neighborhood
Downtown Vancouver | Vancouver, BC
Getting around Vancouver near 12 Water Street #501
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
4/10
Roads are accessible, but parking may be a challenge.
Cycling
9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 12 Water Street #501, Vancouver
Groceries
10/10
Exceptional variety of groceries within a few minutes' walk
Shopping
10/10
Exceptional variety of shops within a few minutes’ walk
Cafes
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
10/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
10/10
Exceptional variety of bars right within a few minutes’ walk
Explore the area around 12 Water Street #501
Nesters Market
333 Abbott St
Victory Food Market
166 Hastings St W
T&T Supermarket
179 Keefer Pl
Dar Foods Ltd
399 Powell St
Sunrise Market Ltd
300 Powell St
Fortknight
46 Alexander St
O K Boot Corral
205 Carrall St
Stussy
49 Powell St
Neighbour Shop
12 Water St
Native Canada Footwear Ltd
14 Water St
Milano Boutique Coffee RSTRS
36 Powell St
Coffee Bar
10 Water St
Brioche Urban Baking Ltd
117 Water St
Caveman Cafe 2
415 Abbott St
Bean Around the World Coffees
175 Hastings St W
Blarney Stone Vancouver
216 Carrall St
Shebeen Whiskey House
212 Carrall St
Local Gastown
3 Alexander St
Guilt & Co
1 Alexander St
Charles Bar Ltd the X
136 Cordova St W
Nelson the Seagull
315 Carrall St
Antise Vancouver
360 Carrall St
Save-on-Meat Inc
43 Hastings St W
Cadeaux Bakery Inc
172 Powell St
Purebread
159 Hastings St W
Pigeon Park (Pioneer Place)
CRAB Park at Portside
Wendy Poole Park
Park
Dr. Sun Yat-Sen Classical Chinese Garden
The Diamond
6 Powell St
Irish Heather
210 Carrall St
Labattoir Co
217 Carrall St
L'abattoir
1 Gaoler's Mews
Six Acres
203 Carrall St
W Cordova St / Carrall St Eastbound
Main, Fraser, Nanaimo Station / Dunbar, Powell / UBC Exchange, Mountain Hwy Express, Seymour / Phibbs Exchange / Burrard Sta, Mountain Hwy, Fraser, Blueridge / Phibbs Exchange / Burrard
E Cordova St / Columbia St Westbound
Waterfront Station / False Creek South
W Hastings St / Carrall St Westbound
29th Avenue Station / Arbutus, Victoria, Main, Fraser, Hastings / UBC Exchange, Hastings St, Victoria, Fraser
W Hastings St / Carrall St Eastbound
29th Avenue Station / Arbutus, Victoria, Hastings / UBC Exchange, Victoria, Hastings St
E Cordova St / Columbia St Eastbound
Main, Fraser, Fraser
Waterfront Station
West Coast Express
Waterfront Station
West Coast Express
Vancouver
Vancouver - Toronto
Stadium-Chinatown Station
Expo Line
Waterfront Station
Expo Line, Canada Line
Granville Station
Expo Line
Vancouver City Centre Station
Canada Line
Main Street-Science World Station
Expo Line
Other units at this address
12 Water Street, Vancouver, BC V6B 4K7, Canada
12 Water Street Vancouver, BC
Occupied
2 Beds, 2 Baths
2 Beds
2 Baths
$4,250
Balcony • Assigned Parking • Dishwasher • Furnished • Air Conditioning • In-Unit Laundry
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