Mount Pleasant · 550 West 12th Avenue, Vancouver

Studio Apartment for Rent in Mount Pleasant

$2,050 / month

A 500 ft² studio in Mount Pleasant, asking $2,050 a month. The listing mentions 4th floor.

At $2,050 for 500 square feet, the asking rent works out to $4.10 per square foot.

That is $12 above the middle of the 24 comparable rentals we are tracking in Mount Pleasant, where most ask between $1,904 and $2,294.

The details

Rent$2,050
BedroomsStudio
Size500 ft²
FloorNot stated
ExposureNot stated
LaundryNot stated
ParkingNot stated
Property typeNot stated
AvailableNot stated
AreaMount Pleasant

Highlights

4th floor

Ask before you view

The advertisement doesn’t say, and it matters:

  • Which way does it face?
  • Is parking included or extra?
  • Are pets allowed?
  • When is it available?

Roughly where it is

Approximate, listings rarely give an exact address, so treat this as the block, not the door.

Renting in Mount Pleasant

Mount Pleasant is where a lot of Vancouver's design and tech offices ended up, and the rental market followed. It is central without being downtown.

TransitBroadway-City Hall and Olympic Village stations on the Canada Line; the Broadway Subway extension adds more.
Green spaceJonathan Rogers Park, China Creek, Hillcrest, and the False Creek seawall a few blocks north.

More about renting in Mount Pleasant

How this compares

What we’d expect it to ask

$2,172 / month

8 times in ten the answer lands between $1,766 and $2,613. That is the width of what we actually know, measured against listings this model had never seen, not a margin we chose.

Asking $2,050 is 5.6% below it, inside the ±9.5% this model cannot tell apart, so it is priced about where we’d expect.

Moderate confidence20 studios within 2 kmTypically within 9.7%

What moves that number

This block asks less than the rest of the area−$75
253 m from Broadway-City Hall Station+$63

Each line is the difference this one thing makes, holding everything else where it is. They do not add up to the rent.

Location

78 / 100excellent

4 min on foot to Broadway-City Hall (Canada Line), about 16 min to Waterfront.

How the score breaks down
Walk to SkyTrain4 min walk to Broadway-City Hall (Canada Line), about 250 m in a straight line37
Transit to downtownAbout 16 min to Waterfront: 4 min walk to Broadway-City Hall, then Canada Line straight through23
Town centreIn the middle of Central Broadway18
More than one line2 lines reachable on foot: Canada Line at Broadway-City Hall (4 min), Expo Line at Main Street-Science World (29 min)0
Green space30 min walk to Queen Elizabeth Park (54 ha)0

Scored from the map pin alone, rapid transit, town centres and parks, in straight lines. It knows nothing about the street, the hill, the building or the neighbours, and buses and the SeaBus are not in it, so places served by those score lower here than they deserve.

Against the ones next to it

$2,050 is $12 above the middle of the 24 studios we are tracking in Mount Pleasant right now ($2,038). Most of them ask between $1,904 and $2,294.

A straight count of asking prices in the area, with nothing adjusted for, unlike the estimate above, it does not care that this one is bigger or closer to a station.

What the estimate cannot see

Laundry, parking, air conditioning, the bathroom count and whether the home sits below ground are priced in wherever the advertisement states them. The floor, the view, the light, the condition and the noise are not, and nothing we hold measures them: two identical floor plans, one renovated and one not, get the same estimate from us.

Where an advertisement says nothing, we price it as unsaid rather than as absent. A short ad is not a worse home, and scoring it as one would price the landlord’s writing instead of the flat.

The advertisement doesn’t say, and it matters:

  • Which way does it face?
  • Is parking included or extra?
  • Are pets allowed?
  • When is it available?

Estimated from the listings on this site, not a market survey, and from asking rents, what a home is advertised at, not what it lets for.

Similar in Mount Pleasant

Before you pay anything, read how to spot a rental scam. We record what an advertisement says; we cannot verify who posted it.

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