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Active · Listed 3 days ago · MLS R3127467

1405 885 Cambie Street, Downtown VW, Vancouver, V6B 0R6

2 Bed Condo for Sale in Downtown VW, Vancouver

$1,548,000
$1,377/sqft · 1,124 sqft
2Beds
2Baths
1,124SqFt
2021Built
$4,893Taxes
$877Strata Fee

Property Snapshot

Details

Beds 2
Bath 2
Built 2021
Living Area 1124 SqFt.
$/SqFt. 1377
Taxes $4,893

Building Rules

Strata Bylaws

AnimalsPets Allowed with Restrictions

Overview

Description

Experience refined living at The Smithe by Boffo. This 2 bed, 2 bath, and den corner residence offers city views and peekaboo water views. Italian marble flooring flows throughout, complementing the open concept design. Premium Wolf and Sub-Zero appliances, custom Italian cabinetry by Binova, a spacious walk-in pantry, and a wine cooler complete the chef's kitchen. The primary bedroom showcases illuminated custom built-in wardrobes and a spa-like ensuite with heated floors. The versatile den is ideal for work or relaxation. A built-in safe, automated Lutron blinds, a Savant smart system, and a large patio designed for year-round use elevate this home. Residents enjoy world-class amenities, including a 24-hour concierge, fitness center, and indoor/outdoor lounges.

What Comes With It

Amenities, Features, and Site Influences

Amenities

Bike RoomExercise CentreConciergeCaretakerGeothermalHot WaterManagementSewerSnow RemovalWaterShopping NearbyCentral AirBalconyStoragePantryIn Unit

Features

Washer/DryerDishwasherRefrigeratorStoveOvenWine CoolerSmoke Detector(s)Fire Sprinkler SystemCentral Air

Site Influences

Shopping NearbyBalconyCentral LocationLane AccessMarina NearbyRecreation Nearby

Local Context

About Downtown VW, Vancouver Condos Market

Over the past 12 months, 562 condos have sold in Downtown VW, with properties spending an average of 47 days on market.

397Active Listings
562Sold in 12 Mo
47Avg DOM
6.4%Absorption
View nearby listings and solds

Full Specs

Property Information

MLS® # R3127467
Property Type Apartment
Dwelling Type Apartment Unit
Home Style Multi Family, Residential Attached
Kitchens 1
Year Built 2021
Parking Garage Under Building, Lane Access, Rear Access
Tax $4,893 in 2025
Strata No EPS4035
Postal Code V6B 0R6
Complex Name The Smithe
Strata Fees $877
Address 1405 885 Cambie Street
Subarea Downtown VW
City Vancouver
Listed By RE/MAX Crest Realty

Interior Size

Floor Area

Main Floor 1,124 sq. ft.
Above 1,124 sq. ft.
Total 1,124 sq. ft.

Planning Tool

Mortgage Estimate

Down Payment
Estimated Monthly Mortgage Payment
Effective Monthly Payment
Qualification Interest Rate
Estimated Income Required
Amortization Period

This calculator is for quick planning only. Confirm exact numbers with a licensed mortgage professional.

Location

1405 885 Cambie Street Map

Layout

Room Layout and Interior Measurements

Room sizes, bathroom details, and the deeper property facts that help a buyer understand the actual home, not just the headline numbers.

Rooms

FloorTypeDimensions
MainKitchen11'9 x 8'8
MainPantry6'11 x 4'0
MainLiving Room11'9 x 13'5
MainDining Room10'3 x 13'1
MainPrimary Bedroom10'2 x 12'3
MainBar Room6'0 x 7'4
MainBedroom9'9 x 10'3
MainBar Room7'8 x 1'10
MainDen6'4 x 7'10
MainFoyer8'11 x 4'0
MainPantry10'11 x 9'0

Bathrooms

TypeFloorEnsuitePieces
Bathroom (ensuite)MainY4 pc.
BathroomMainN4 pc.

Pricing

Asking Price$1,548,000
Original Asking Price$1,548,000
Price per Floor SqFt$1,377

Taxes & Fees

Property Taxes$4,893 (2025)
Maintenance Fee$877
Maint. Fee per SqFt$0.78

Home Details

Floor Area1,124 sqft
Storeys Finished1
Age5 years (2021)
Basement InfoNone
RoofOther, Torch-On
FlooringTile
Exterior FinishConcrete, Concrete Block, Concrete Frame, Concrete (Exterior), Glass (Exterior), Metal Siding
FoundationConcrete Perimeter
HeatingForced Air, Geothermal, Radiant
Floor Area Finished1,124 sqft

Land & Parking

ZoningRES
Outdoor FeaturesBalcony
ParkingGarage Under Building, Lane Access, Rear Access | Total spaces: 1 (1 covered)

Dates & Market

Listing Date2026-May-25
Days on Market4 days
Previously Sold Date2021-Jul-21
Previously Sold Price$1,638,800
Ask Price vs Sold Price Change-$90,800 (-5.5%)

Property Info

Property TypeApartment/Condo
Bedrooms2
Bathrooms2
Ownership InterestFreehold Strata
RulesNo Cats, Dogs OK, Number Limit (Two), Pets Allowed With Restrictions, Short Term Rentals NOT Allowed
PID031-329-870
UtilitiesCommunity, Electricity Connected, Natural Gas Connected, Water Connected
Water SupplyPublic
SewerPublic Sewer, Sanitary Sewer, Storm Sewer

Features & Amenities

ViewCity & Peak-A-Boo Water View
Central LocationYes
Lane AccessYes
Marina NearbyYes
Recreation NearbyYes
Shopping NearbyYes
StorageYes
PantryYes
LaundryIn Unit
Central AirYes
Smoke Detector(s)Yes
Fire Sprinkler SystemYes
Common WallsCorner Unit
Amenities IncludedBike Room, Exercise Centre, Concierge, Caretaker, Geothermal, Hot Water, Management, Sewer, Snow Removal, Water
ManagerQuay Pacific (604-685-8830)
AppliancesWasher / Dryer, Dishwasher, Refrigerator, Stove, Oven, Wine Cooler
Listed ByRE/MAX Crest Realty
Buyer Agent Commission3.25% on the first $100K, 1.15% on the remaining balance + $7,500

Listing Timeline

Price and MLS Listing History

MLS pricing movement, listing status changes, previous listing history, and the current listing position.

Date 2026-May-25
Listed
Price $1,548,000
Change -2.5%
Listing note R3127467 - RE/MAX Crest Realty This Listing
Date 2026-May-25
Terminated
Price $1,588,000
Change -
Listing note R3069407 - RE/MAX Crest Realty
Date 2025-Nov-20
Listed
Price $1,588,000
Change -6.5%
Listing note R3069407 - RE/MAX Crest Realty
Date 2025-Nov-21
Terminated
Price $1,698,000
Change -
Listing note R3005098 - Renanza Realty Inc.
Date 2025-May-19
Listed
Price $1,698,000
Change -
Listing note R3005098 - Renanza Realty Inc.
Date 2025-May-20
Terminated
Price $1,698,000
Change -2.9%
Listing note R2962984 - eXp Realty
Date 2025-Feb-03
Listed
Price $1,749,000
Change +6.7%
Listing note R2962984 - eXp Realty
Date 2021-Jul-21
Sold
Price $1,638,800
Change -2.9%
Listing note R2593667 - Jovi Realty Inc.
Date 2021-Jun-15
Listed
Price $1,688,000
Change -
Listing note R2593667 - Jovi Realty Inc.

Tax Assessment

Property Tax Assessment History

Assessed land value, improvement value, total value, year over year change, and tax history.

2022
2023
2024
2025
2026
YearLandImpr.TotalYoY%Taxes
2026$1,032,000$392,000$1,424,000-9.2%-
2025$1,137,000$432,000$1,569,000-3.2%$4,893
2024$1,175,000$446,000$1,621,000+0.7%$4,811
2023$1,167,000$443,000$1,610,000+4.7%$4,477
2022$1,061,000$477,000$1,538,000-$4,142

Asking price is 8.7% higher than assessed value (2026).

Strata Building

The Smithe Building Information

Building profile, active listing count, unit count, and quick building health items.

Building NameThe Smithe
Storeys27 storeys
Active Listings5 listings
Year Built2021
Units93 units
NeighbourhoodDowntown VW

Building Health

Building budgetNot availableAround average is ideal
Insurance deductiblesTypical for similar buildingsLower is better
Special levy riskNot availableHigher indicates more risk
$1,022Typical special levy cost in Yaletown, Vancouver
2.8Average leak incidents per year

Nearby Education

Schools Near 885 Cambie Street

Nearby school options shown in a simple buyer friendly format.

Crosstown Elementary

Elementary Catchment

55 Expo Blvd

0.7 km Public • SD 39

King George Secondary

Secondary Catchment

1755 Barclay St

2.0 km Public • SD 39

Secondaire Jules-Verne

Elementary Secondary Catchment

5445 Baillie St

4.5 km Public • SD 93

Lowell High School

Secondary

210-750 Hamilton St

0.2 km Independent • SD 39

The Westside School

Elementary Secondary

788 Beatty St

0.2 km Independent • SD 39

Claren Academy

Elementary

201-1085 Homer St

0.4 km Independent • SD 39

Civic Records

Building Permit and Civic Records

Recent building permit records connected to the address and nearby building context.

Date 2024-01-12

Addition / Alteration

225 SMITHE STREET V6B 4X7

Area Downtown Value $3,000,000
Date 2023-05-23

Addition / Alteration

885 CAMBIE STREET #902 V6B 0R6

Area Downtown Value $10,000
Date 2022-04-28

Addition / Alteration

225 SMITHE STREET

Area Downtown Value $20,000
Date 2017-07-18

Demolition / Deconstruction

225 SMITHE STREET V6B 4X7

Area Downtown Value $120,800
Date 2017-07-14

New Building

885 CAMBIE STREET V6B 2P4

Area Downtown Value $42,500,000
Date 2017-06-27

Salvage and Abatement

225 SMITHE STREET V6B 4X7

Area Downtown Value -

Local Market Data

Downtown VW Condo Market Data

Market Statistics: Downtown VW Apartment/Condo Ask for help reading these charts before comparing homes or writing an offer.

Pricing Estimate

Estimated Monthly Payment$5,952 /mo.
Estimated Market Value$1,616,000
Estimated Rent$4,330

Estimate values are quick planning numbers only and should be verified before a buying decision.

Active Properties in Downtown VW

All ActiveThis Property
Apartment/Condo Active Properties392
Median Asking Price$749,000$1,548,000
Median Price per SqFt$1,049$1,377
Median Days on Market504

Sold Properties in Downtown VW

Apr 2026Mar 2026Apr 2025
Apartment/Condo Sold46 (↓24.6%)5561
Median Selling Price$666,700 (↓12.3%)$650,000$760,000
Median Price per SqFt$976 (↓11.0%)$979$1,097
Median Days on Market142222
Median Discount Off Ask2.6%3.8%2.8%
New Listings153147204
Months of Inventory8.26.59.3
Seller's Market below 5.0, Balanced Market around 8.3, Buyer's Market above 8.3.

Number of Sales

46 sales in Apr 2026, down 24.6% from Apr 2025.

Apr 2025 to Apr 2026
Scale 32 to 64 sales Hover for monthly values

Median Sold Price

$666,700 in Apr 2026, down 12.3% from Apr 2025.

Apr 2025 to Apr 2026
Scale $630K to $810K Hover for monthly values

Median Sold Price / Sq Ft

$976 per sqft in Apr 2026, down 11.0% from Apr 2025.

Apr 2025 to Apr 2026
Scale around $960 to $1.1K Hover for monthly values

Median Days on Market

14 median days on market in Apr 2026.

Apr 2025 to Apr 2026
Scale 10 to 50 days Hover for monthly values

Median Discount Rate

Median discount was 2.6% in Apr 2026.

Apr 2025 to Apr 2026
Scale 2.4% to 4.8% Hover for monthly values

Inventory & New Listings

392 active listings and 153 new listings in Apr 2026.

Apr 2025 to Apr 2026
Inventory and new listings, scale 0 to 600 Hover for monthly values

Months of Inventory

8.2 months of inventory in Apr 2026, near balanced market conditions.

Apr 2025 to Apr 2026
Scale 4 to 12 months Hover for monthly values

Market Data Help

Ask John Doe more about these graphs and data

Licensed Realtor

Want to know what these numbers mean for this exact condo, offer timing, or resale strength? Send a quick note and John can explain the data in plain English.

Market Activity

Comparable Listings Around 1405 885 Cambie Street

Read the property remarks first, then compare this home against active, just listed, citywide, and recently sold listings.

Remarks

Remarks and all you need to know about 1405 885 Cambie Street

Experience refined living at The Smithe by Boffo. This 2 bed, 2 bath, and den corner residence offers city views and peekaboo water views. Italian marble flooring flows throughout, complementing the open concept design. Premium Wolf and Sub-Zero appliances, custom Italian cabinetry by Binova, a spacious walk-in pantry, and a wine cooler complete the chef's kitchen. The primary bedroom showcases illuminated custom built-in wardrobes and a spa-like ensuite with heated floors. The versatile den is ideal for work or relaxation. A built-in safe, automated Lutron blinds, a Savant smart system, and a large patio designed for year-round use elevate this home. Residents enjoy world-class amenities, including a 24-hour concierge, fitness center, and indoor/outdoor lounges.

Quick read on this listing

This property is a two bedroom, two bathroom condo with a den in Downtown VW, Vancouver. It sits in The Smithe, a newer building with a more polished city condo feeling. The listing is positioned at $1,548,000 with 1,124 SqFt. of interior space, which works out to about $1,377 per square foot.

The main thing to notice is that this is not just a basic downtown apartment. It has a corner layout, city views, peekaboo water views, a den, higher end kitchen details, automated blinds, and building amenities. Those details matter because downtown buyers often compare many condos with similar bedroom counts, so finishing, floor plan, light, and building quality can make a real difference.

Location around 1405 885 Cambie Street

Downtown VW is one of the more central Vancouver condo areas. A buyer here is usually looking for access to restaurants, shopping, transit, event venues, seawall areas, offices, and daily city convenience. The location can work well for someone who wants to be close to the core without needing to plan every errand around a car.

For this specific address, the lifestyle value is about convenience. It is the kind of area where a resident can move between work, dinner, fitness, entertainment, and errands with less friction. That can be a big reason buyers pay more for newer downtown condos even when suburban homes offer more square footage.

How the home feels inside

The home has two bedrooms, two bathrooms, and a den. That combination is useful because it gives buyers more than a simple sleeping setup. The second bedroom can work for guests, a child, a roommate, or a quiet room. The den gives another layer of function for work, storage, creative stuff, or a small reading area.

The corner position is important. Corner homes often bring better light, more window exposure, and a stronger sense of openness. For a downtown condo, that can help the space feel larger than the raw square footage suggests. The city views and peekaboo water views also give the home a more Vancouver feeling.

Kitchen and finishing details

The kitchen is one of the strongest parts of the listing. Premium Wolf and Sub-Zero appliances, Italian cabinetry by Binova, a walk in pantry, and a wine cooler create a higher end kitchen story. This matters for buyers who cook, entertain, or simply want the home to feel finished from day one.

Italian marble flooring is another notable feature. It creates a different impression than standard laminate or basic engineered flooring. Buyers should still review maintenance expectations, but from a presentation point of view, it gives the residence a more elevated look.

Primary bedroom, bathroom, and daily comfort

The primary bedroom includes illuminated custom built in wardrobes. That kind of storage detail is useful in condo living because closet quality can affect day to day comfort. The ensuite is described as spa like, with heated floors, which adds a comfort point that can be felt every day.

Two full bathrooms also help the layout work for different buyer types. Couples, guests, remote workers, and families often value the privacy and flexibility of the second bathroom. In a downtown condo, that can make the home easier to live in and easier to resell later.

Den, smart home features, and patio use

The den is described as versatile, which is good because buyers use dens in many different ways. It could be a work area, quiet reading space, compact media zone, or extra storage room. Since many buyers now care about home office ability, a den can be more than a small bonus.

The built in safe, automated Lutron blinds, and Savant smart system add another layer of convenience. These features can make the home feel more complete, especially for buyers who like tech, privacy, lighting control, and simple day to day routines. The large patio designed for year round use also adds an outdoor living angle, which can be valuable in a downtown setting.

Building amenities and strata lifestyle

The Smithe includes a 24 hour concierge, fitness centre, and indoor and outdoor lounge spaces. Those amenities can matter for buyers who want a building that feels serviced, social, and easier to manage. A concierge can also be helpful for deliveries, guests, and general building presence.

The strata fee is listed at $877. A buyer should look at what the fee includes, how the building is managed, and whether the amenities match their lifestyle. A higher fee is not automatically bad, but it needs to make sense with the services, building condition, reserve fund, and long term ownership plan.

Ownership numbers to understand

The asking price is $1,548,000. Taxes are listed at $4,893 for 2025. The property has 1,124 SqFt. of living area and a listed price per square foot of $1,377. Those numbers should be reviewed beside similar active listings, recent sales, the building profile, and the unit condition.

Parking is listed as Garage Under Building, Lane Access, Rear Access. In downtown Vancouver, parking can be a meaningful feature. Even buyers who do not drive every day may still value secure parking for resale, guests, storage movement, weekend trips, or future flexibility.

How it compares with the nearby market

The comparison tables below help place this listing beside nearby active and sold condos. Similar active homes show what a buyer can choose today. Recently sold condos help show what buyers have actually paid. Just listed homes show new supply entering the area. Citywide similar listings give a wider view beyond Downtown VW.

For this property, the newer construction, two bedroom layout, den, finishes, and building amenities are the key items to compare. Price per square foot is only one part of the story. A smaller or older home may have a lower price, while a newer or more luxury oriented home may ask more. The best comparison comes from matching location, building age, view, parking, floor level, condition, and layout.

Who this property may fit

This home may fit a buyer who wants a downtown address with a more refined interior. It could suit a professional couple, a downsizer who still wants city access, a buyer who needs a work from home setup, or someone who wants a Vancouver base with concierge style living.

It may not be the right fit for someone who mainly wants maximum square footage, a large yard, or a quieter suburban environment. The value here is about finish, location, amenities, and daily convenience more than raw size.

Things to check before making an offer

Before writing an offer, a buyer should review strata documents, recent meeting minutes, depreciation report details, bylaws, insurance information, parking and storage details, rental rules, pet rules, move in rules, and any upcoming maintenance items. These things can affect comfort, monthly cost, and future resale.

It is also smart to confirm the exact measurements, what is included in the sale, whether any smart home equipment needs transfer setup, and how the patio can be used through different seasons. For a home with this level of finishing, buyers should understand what comes with the property and what may need service, registration, or ongoing care.

Good questions for the realtor

  • How does this unit compare with recent sold condos in The Smithe?
  • Are there any known building projects, special levies, or strata concerns?
  • What exactly is included with the smart home system, wine cooler, and custom built ins?
  • How many parking stalls and storage areas are connected to the unit?
  • What are the pet, rental, move in, and renovation rules?
  • How flexible is the seller on price, dates, and included items?

Bottom line

1405 885 Cambie Street is best understood as a more complete downtown condo offering. The listing combines a central Vancouver address, newer building profile, two bedroom and den layout, higher end appliances, smart home details, and concierge amenities. For the right buyer, the appeal is the full package, not one single feature.

The next step is to compare it against the active listings, recent sold data, and the buyer's monthly budget. A realtor can help with pricing context, a mortgage broker can help with affordability, and a document review can help reduce surprises before subjects are removed.

Similar Apartments for Sale in Downtown VW, Vancouver

A quick side by side view of homes closest to this listing type and location.

Date Address Bed Bath Kitchen Asking Price $/SqFt DOM Levels Built Living Area Lot Size
05/25/2026 This Property 2 2 1 $1,548,000 $1,377 4 1 2021 1,124 sqft N/A
04/28/2026 1403 828 Cambie Street 2 2 1 $1,565,900 $1,858 31 1 2027 843 sqft N/A

Recently Sold Condos in Downtown VW, Vancouver

Recent sold activity helps show how buyers have been moving in this part of the market.

Date Address Bed Bath Kitchen Asking Price Sold Price $/SqFt DOM Levels Built Living Area Lot Size
05/13/2026 902 1252 Hornby Street 1 1 1 $649,000 $625,000 $902 16 1 2008 693 sqft N/A
05/13/2026 Ph2502 999 Seymour Street 2 3 1 $1,449,000 $1,370,000 $1,135 15 2 2014 1,207 sqft N/A
05/07/2026 902 1325 Rolston Street 2 1 1 $699,000 $680,000 $947 22 1 2013 718 sqft N/A
04/30/2026 512 933 Seymour Street 1 1 1 $699,000 $675,000 $861 1 2 1998 784 sqft N/A
04/30/2026 1404 888 Homer Street 0 1 1 $449,000 $419,250 $951 72 1 2011 441 sqft N/A
04/25/2026 903 1238 Seymour Street 1 1 1 $629,000 $615,000 $902 25 2 1996 682 sqft N/A
04/25/2026 908 1325 Rolston Street 1 1 1 $528,000 $517,000 $890 1 1 2013 581 sqft N/A
04/23/2026 2307 1351 Continental Street 2 2 1 $888,000 $860,000 $992 45 1 2013 867 sqft N/A
04/22/2026 2209 1111 Richards Street 3 2 1 $1,599,900 $1,725,000 $1,335 9 1 2021 1,292 sqft N/A
04/19/2026 Ph4 1238 Burrard Street 2 2 1 $720,000 $781,111 $892 156 1 2003 876 sqft N/A

Just Listed for Sale in Downtown VW, Vancouver

Fresh listings nearby, useful for understanding new supply and price positioning.

Date Address Bed Bath Kitchen Asking Price $/SqFt DOM Levels Built Living Area Lot Size
3 hours ago 2008 68 Smithe Street 1 1 1 $734,800 $1,432 0 1 2016 513 sqft N/A
7 hours ago 2701 1351 Continental Street 2 1 1 $899,000 $1,169 0 1 2014 769 sqft N/A
4 hours ago 2906 688 Abbott Street 2 2 1 $948,000 $1,030 1 1 2007 920 sqft N/A
1 day ago 2305 1255 Seymour Street 1 1 1 $674,800 $1,227 1 1 2008 550 sqft N/A
1 day ago 2109 1111 Richards Street 2 2 1 $1,739,000 $1,346 1 1 2021 1,292 sqft N/A
1 day ago 3305 1335 Howe Street 2 2 1 $1,649,900 $1,675 1 1 2022 985 sqft N/A
1 day ago 1901 565 Smithe Street 2 2 1 $799,000 $1,055 1 1 2009 757 sqft N/A
1 day ago 3312 1289 Hornby Street 1 1 1 $748,000 $1,612 1 1 2022 464 sqft N/A
1 day ago 2908 108 W Cordova Street 1 1 1 $519,000 $899 2 1 2009 577 sqft N/A
1 day ago 2309 688 Abbott Street 1 1 1 $648,000 $1,066 2 1 2007 608 sqft N/A

Similar Listings for Sale in Vancouver

A wider city view, helpful when comparing this home against similar options beyond the immediate neighbourhood.

Date Address Bed Bath Kitchen Asking Price $/SqFt DOM Levels Built Living Area Lot Size
8 hours ago 507 505 W 30th Avenue 2 2 0 $1,280,000 $1,232 0 1 2015 1,039 sqft N/A
7 hours ago 302 523 W King Edward Avenue 2 2 1 $849,000 $1,080 1 1 2019 786 sqft N/A
18 hours ago 104 5687 Gray Avenue 2 2 1 $1,100,000 $1,142 1 0 2018 963 sqft N/A
1 day ago 3703 1568 Alberni Street 2 2 1 $6,500,000 $3,593 1 1 2023 1,809 sqft N/A
1 day ago 607 3488 Sawmill Crescent 2 2 1 $778,000 $903 1 1 2018 862 sqft N/A
1 day ago 2109 1111 Richards Street 2 2 1 $1,739,000 $1,346 1 1 2021 1,292 sqft N/A
1 day ago 3305 1335 Howe Street 2 2 1 $1,649,900 $1,675 1 1 2022 985 sqft N/A
1 day ago 684 87 Nelson Street 2 2 1 $958,000 $1,099 1 1 2019 872 sqft N/A
2 days ago 553 8575 Rivergrass Drive 2 2 1 $739,900 $890 2 1 2022 831 sqft N/A
2 days ago 710 5728 Berton Avenue 2 2 1 $999,000 $1,041 2 1 2013 960 sqft N/A