Updated 8 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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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 15% 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 yearAddress 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 15% less than the average rent price for 1-bedroom apartments in Downtown Vancouver.
Median rents as of Oct 10 2026.
Downtown Vancouver
Vancouver
| Month | Median Rent |
|---|---|
| October 2024 | $2,600 |
| November 2024 | $2,587 |
| 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 | $2,400 |
| Month | Median Rent |
|---|---|
| October 2024 | $2,800 |
| November 2024 | $2,796 |
| 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 | $2,700 |
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
$92,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $92,000 annually to afford this 1-bedroom monthly rent price of $2,300.
For more information on rent affordability, visit our rent calculator.
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
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