Era Building, 728 Yates Street

728 Yates Purchase List

UnitNumberStreetBedroomsBathroomsPurchase DatePurchase Price2017 Assessed
201728YATES ST112015-04-14$215,900 $336,900
202728YATES ST112017-05-31$357,000 $310,400
203728YATES ST222015-03-17$0$543,000
204728YATES ST12017-08-31$361,250 $279,100
205728YATES ST222015-12-01$470,000 $732,000
206728YATES ST122017-08-14$623,000 $626,000
207728YATES ST112018-04-03$650,000 $668,000
208728YATES ST112016-11-07$420,000 $464,900
209728YATES ST12017-05-24$367,500 $346,400
210728YATES ST222015-04-07$369,900 $637,000
211728YATES ST112015-04-14$209,900 $322,000
301728YATES ST112015-06-24$217,900 $344,000
302728YATES ST112015-04-07$207,900 $315,200
303728YATES ST222015-04-07$351,900 $542,000
304728YATES ST12015-04-08$196,608 $283,700
305728YATES ST222017-02-28$551,500 $599,000
306728YATES ST112015-04-13$281,900 $414,500
307728YATES ST112015-04-09$251,841 $386,700
308728YATES ST112015-04-16$278,177 $414,500
309728YATES ST222015-07-16$365,900 $584,000
310728YATES ST12015-04-09$192,732 $282,600
311728YATES ST02015-04-01$369,900 $2
312728YATES ST112015-06-08$211,900 $328,000
401728YATES ST112015-04-16$219,900 $347,500
402728YATES ST112015-08-19$209,900 $318,900
403728YATES ST222015-05-27$345,900 $537,000
404728YATES ST12015-04-13$199,515 $288,600
405728YATES ST222018-01-31$619,900 $597,000
406728YATES ST112015-04-13$284,900 $421,700
407728YATES ST112015-04-13$238,900 $360,100
408728YATES ST112015-04-14$284,900 $422,900
409728YATES ST222016-10-26$482,000 $593,000
410728YATES ST12015-10-09$210,000 $287,200
411728YATES ST222015-04-16$345,900 $541,000
412728YATES ST112015-05-11$213,900 $332,700
501728YATES ST112015-06-15$221,900 $353,500
502728YATES ST112015-07-20$211,900 $325,100
503728YATES ST222015-08-06$353,900 $549,000
504728YATES ST12015-04-14$205,900 $293,600
505728YATES ST222015-06-11$380,900 $606,000
506728YATES ST112015-04-28$288,900 $428,700
507728YATES ST112015-04-09$240,900 $366,100
508728YATES ST112015-04-23$288,900 $428,700
509728YATES ST222015-06-15$380,900 $602,000
510728YATES ST12015-04-16$203,900 $292,200
511728YATES ST222015-06-02$353,900 $550,000
512728YATES ST112017-05-10$361,600 $338,900
601728YATES ST112017-05-12$349,900 $360,500
602728YATES ST112015-04-20$213,900 $327,200
603728YATES ST222015-08-04$361,900 $558,000
604728YATES ST12015-04-20$209,900 $302,200
605728YATES ST222016-01-21$389,900 $612,000
606728YATES ST112015-04-23$292,900 $434,500
607728YATES ST112015-04-27$242,900 $368,600
608728YATES ST112015-04-21$292,900 $433,400
609728YATES ST222015-11-16$389,900 $611,000
610728YATES ST12015-04-22$205,900 $298,100
611728YATES ST222015-07-07$361,900 $560,000
612728YATES ST112015-06-01$220,900 $339,600
701728YATES ST112015-04-28$233,900 $366,500
702728YATES ST112015-03-17$221,900 $335,900
703728YATES ST222015-06-11$370,900 $564,000
704728YATES ST12017-05-31$352,500 $304,600
705728YATES ST222015-11-30$398,900 $623,000
706728YATES ST112016-12-22$425,000 $440,500
707728YATES ST112015-04-22$244,900 $377,200
708728YATES ST112015-04-22$296,414 $441,900
709728YATES ST222015-11-30$398,900 $619,000
710728YATES ST12015-05-07$205,329 $304,600
711728YATES ST222015-06-29$370,900 $568,000
712728YATES ST112015-04-23$226,647 $348,400
801728YATES ST112015-05-13$241,900 $372,500
802728YATES ST112015-04-27$228,900 $339,600
803728YATES ST222015-09-03$379,900 $577,000
804728YATES ST12015-04-27$202,741 $311,900
805728YATES ST222015-08-20$407,900 $629,000
806728YATES ST112015-05-21$300,900 $447,700
807728YATES ST112015-04-28$246,027 $381,900
808728YATES ST112015-04-28$300,900 $449,000
809728YATES ST222016-01-18$407,900 $627,000
810728YATES ST12015-05-06$208,236 $310,600
811728YATES ST222015-05-28$379,900 $578,000
812728YATES ST112015-05-27$235,900 $355,700
901728YATES ST112017-05-31$353,000 $382,400
902728YATES ST112015-05-26$234,900 $346,900
903728YATES ST222017-04-11$389,900 $583,000
904728YATES ST12015-04-28$214,050 $318,100
905728YATES ST222016-01-21$416,900 $641,000
906728YATES ST112015-04-29$305,900 $444,900
907728YATES ST112015-04-29$248,900 $385,600
908728YATES ST112015-04-29$305,135 $443,700
909728YATES ST222018-05-31$650,000 $637,000
910728YATES ST12017-04-03$355,000 $315,400
911728YATES ST222015-05-28$389,900 $585,000
912728YATES ST112015-04-28$242,900 $361,700
1001728YATES ST112015-04-23$251,900 $387,200
1002728YATES ST112015-05-26$237,900 $351,900
1003728YATES ST222015-08-12$399,900 $594,000
1004728YATES ST12015-05-04$216,957 $322,700
1005728YATES ST222015-05-05$425,900 $648,000
1006728YATES ST112015-06-01$310,900 $453,200
1007728YATES ST112015-05-04$250,900 $392,900
1008728YATES ST112015-05-13$310,900 $450,900
1009728YATES ST222016-10-28$540,000 $647,000
1010728YATES ST12015-05-06$218,895 $321,400
1011728YATES ST222015-05-20$403,900 $595,000
1012728YATES ST112015-05-25$245,900 $367,700
1101728YATES ST112015-05-27$254,900 $397,400
1102728YATES ST112015-07-30$240,900 $361,100
1103728YATES ST222015-11-26$411,900 $606,000
1104728YATES ST12015-05-06$219,864 $330,700
1105728YATES ST222015-07-07$434,900 $662,000
1106728YATES ST112015-05-07$314,900 $463,400
1107728YATES ST112015-05-28$251,900 $398,400
1108728YATES ST112015-11-30$321,900 $463,400
1109728YATES ST222015-10-29$495,900 $659,000
1110728YATES ST12015-08-27$216,224 $329,400
1111728YATES ST222015-09-29$485,900 $608,000
1112728YATES ST112015-07-15$279,900 $376,700
1201728YATES ST112015-06-15$288,900 $406,200
1202728YATES ST112018-03-28$450,000 $371,400
1203728YATES ST222017-04-03$587,500 $618,000
1204728YATES ST12015-05-11$222,771 $338,700
1205728YATES ST222015-07-30$443,900 $675,000
1206728YATES ST112015-05-12$319,900 $472,200
1207728YATES ST112015-05-11$253,779 $407,600
1208728YATES ST112015-05-12$319,670 $469,900
1209728YATES ST222015-05-12$455,900 $673,000
1210728YATES ST12015-05-12$222,771 $337,200
1211728YATES ST222015-05-25$435,900 $622,000
1212728YATES ST112015-05-28$251,900 $385,700
1401728YATES ST112015-06-16$262,900 $413,000
1402728YATES ST112017-07-31$430,000 $382,400
1403728YATES ST222015-05-13$520,900 $737,000
1404728YATES ST222015-08-06$529,900 $812,000
1405728YATES ST112015-05-13$323,900 $488,900
1406728YATES ST112015-05-13$254,431 $403,200
1407728YATES ST112016-09-29$442,500 $488,900
1408728YATES ST222015-05-14$548,900 $810,000
1409728YATES ST222016-07-04$665,000 $738,000
1410728YATES ST112015-05-19$255,900 $395,400
1501728YATES ST112016-02-15$292,500 $425,000
1502728YATES ST112015-08-11$253,900 $393,400
1503728YATES ST222016-03-24$519,900 $742,000
1504728YATES ST222015-05-20$504,900 $817,000
1505728YATES ST112015-05-14$329,360 $501,900
1506728YATES ST112017-01-18$360,000 $406,200
1507728YATES ST112016-08-31$438,834 $500,700
1508728YATES ST222015-07-06$539,900 $815,000
1509728YATES ST222015-05-19$505,416 $744,000
1510728YATES ST112015-05-19$259,900 $407,400
1601728YATES ST112016-07-29$498,000 $551,000
1602728YATES ST222015-06-01$542,900 $853,000
1603728YATES ST222015-05-20$571,333 $948,000
1604728YATES ST112015-05-21$363,207 $560,000
1605728YATES ST222015-05-21$590,380 $947,000
1606728YATES ST222015-05-21$561,810 $881,000

Era Condo Building Review

Era is situated on the north side of Yates Street midblock between Blanshard and Douglas. Era comprises of 157 units over a 15 storey steel and concrete tower with ground floor commercial retail.

This building has become extremely popular among investors because short term vacation rentals are permitted. Small pets welcome too. Secure underground parking, storage locker, bike storage and a great common terrace & meeting room. All situated in the heart of downtown with a perfect walk score of 100.

Studios are about 475 square feet, one-bedrooms are a little larger and two bedrooms range from about 750 to just over 900 square feet. All the two-bedroom units and some of the larger one-bedrooms will come with underground parking. Studios and smaller one-bedrooms donā€™t include parking.

Era Feature Sheet Available Here

Era Sales Stats 2017 / 2018

One bedroom units are extremely popular at the Era. In 2017 all but one listing sold for above ask, with the average sale price being 10% above list price. The one-bedroom units were solid investments for those who initially purchased pre-sale from the developer at an average price of $261,000. Pre-sale studios average $218,000 back in 2013/14. Today the average one-bedroom unit is fetching $414,000 (although no more Buyer’s paying over ask in 2018)!

1 Bedroom Overview  
  2017 2018
Avg List  $337,450  $419,400
Avg Sold  $370,267  $414,000
Sell>List 110% 99%

Typical one-bedroom floorplan. 


2 Bedroom Overview 2017 / 2018

The 2 bedroom units are less abundant on the re-sale market, but also performed extremely well in with an average sales price of $595,500 in 2017, and $681,000 in 2018. The average pre-sale price of these units in 2013/14 were $432,000. As with many new condo buildings, the one-bedroom outperformed any other unit type on absolute investment return.

2 Bedroom Overview  
  2017 2018
Avg List  $586,825  $700,817
Avg Sold  $595,475  $681,417
Sell>List 102% 97%

Strata fee’s are reasonable in this building at approx. $0.43 / SF.

Typical two-bedroom floorplan