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590 Waterfront Way - Kirkland Tower Unité de condo • Flex • 1 121 pi² • À vendre 1 336 774 $ CAD • Vancouver, WA 98660
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Faits saillants de l'investissement
- Tax Abatement Through 2031 The single most defensible financial differentiator in the Vancouver waterfront market.
- Ultimate Lock & Leave Lifestyle Private concierge, valet, and Hotel Indigo services next door mean ownership with zero maintenance burden.
- Washington State address with Portland Metro access (no income tax in WA and no sales tax in OR)
Résumé de l'annonce
Rare Waterfront Luxury Condo | Tax Abatement Through 2031 | Vancouver, WA Kirkland Tower Residence 700 is a west-facing luxury condominium on the Vancouver Waterfront offering an exceptional combination of premium finishes, irreplaceable location, and a significant financial advantage unavailable in virtually any comparable property in the Portland Metro market — a tax abatement running through 2031. The Financial Case For an investor or owner-occupant, the tax abatement through 2031 materially reduces annual carrying costs compared to every other luxury condo in the market. On a $975,000 acquisition, that differential compounds meaningfully over the remaining abatement period. Washington state also carries no personal income tax — an additional advantage for buyers relocating from Oregon or California. The Unit 1,121 SF | 1 Bedroom + Den/Office Highest available floor for this floor plan, west-facing — City and sunset views Floor-to-ceiling windows throughout Miele appliance package Premium finishes and curated design details Private waterfront terrace accessible by all residents 1 assigned underground parking space The Building Kirkland Tower is Vancouver's only true luxury high-rise condominium — 40 residences across 12 stories, completed 2021, located directly on the Columbia River waterfront. Amenities include private concierge and valet services, rooftop terrace, residents' lounge, fitness studio, chef's catering kitchen, bike storage, and pet washing station. Residents enjoy direct access to Hotel Indigo's restaurants, bars, and à la carte services, including El Gaucho. The Location Situated at 590 Waterfront Way in downtown Vancouver's reimagined 20-block waterfront district — minutes from Portland, I-5, and PDX. The surrounding corridor continues to attract new office, retail, restaurant, and cultural development, supporting long-term asset appreciation. Sale Terms Offered at $975,000. Property is in move-in ready condition. Seller is motivated. All information should be independently verified by buyer and buyer's representatives including HOA financials, reserve status, rental restrictions, and tax abatement terms. Listing Broker David Merrick, CRS, CLHMS Cascade Hasson Sotheby's International Realty Licensed Oregon & Washington (360) 947-1625
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
Faits sur la propriété
Commodités
- Détecteur de fumée
Commodités des unités
- Climatisation
- Balcon
- Prêt pour le câble
- Lave-vaisselle
- Traitement des déchets
- Foyer
- Micro-ondes
- Espace d'entreposage
- Laveuse/Sécheuse
- Planchers de tuiles
- Cuisine avec coin repas
- Planchers de bois franc
- Machine à glace
- Réfrigérateur
- Système de gicleur
- Électroménagers en acier inoxydable
- Wi-Fi
- Foyer
- Fenêtres à double vitrage
- Îlot de cuisine
- Comptoirs en quartz
- Fenêtres du sol au plafond
Commodités du site
- Accès 24 heures
- Accès contrôlé
- Concierge
- Centre de conditionnement physique
- Bord de l’eau
- Chutes à déchets
- Grill
- Cuisinière à gaz
- Commerce de détail sur place
- Service d'emballage
- Pistes cyclables/Piétonnières
- Salles de conférence
- Ascenseur
- Lounge
1 Unité disponible
Unité 700
| Taille de l’unité | 1 121 pi² | Taux de capitalisation | 3,97% |
| Prix | 1 336 774 $ CAD | Revenu net d’exploitation | 53 069,92 $ CAD |
| Prix par pi² | 1 192,48 $ CAD | Nbre d’espaces de stationnement | 1 |
| Utilisation du condo | Flex | ID/Numéro de lot | 986061-558 |
| Type de vente | Investissement ou propriétaire utilisateur |
| Taille de l’unité | 1 121 pi² |
| Prix | 1 336 774 $ CAD |
| Prix par pi² | 1 192,48 $ CAD |
| Utilisation du condo | Flex |
| Type de vente | Investissement ou propriétaire utilisateur |
| Taux de capitalisation | 3,97% |
| Revenu net d’exploitation | 53 069,92 $ CAD |
| Nbre d’espaces de stationnement | 1 |
| ID/Numéro de lot | 986061-558 |
Description
Residence 700 | Kirkland Tower | 590 Waterfront Way, Vancouver, WA 98660
Northwest-facing 1-bedroom plus den luxury condominium on the highest available floor for this floor plan, offering sweeping city views through floor-to-ceiling windows. At 2,000 SF, this residence lives significantly larger than comparable luxury condos in the market — the den functions as a dedicated home office, guest room, or creative space.
Unit Features
2,000 SF | 1 Bedroom + Den
Highest available floor for this floor plan
Northwest-facing | City views
Floor-to-ceiling windows throughout
Miele appliance package
Premium finishes and curated design details
Private waterfront terrace
In-unit laundry
1 assigned underground parking space
The Financial Advantage
Property tax abatement runs through 2031 — a quantifiable carrying cost reduction unavailable on any comparable luxury condo in the Portland Metro or Vancouver waterfront market. Combined with Washington's zero personal income tax, the effective cost of ownership is materially lower than the purchase price alone suggests. At $975,000 with a projected rental range of $5,500–$6,500/month, the unit supports a 4.0–5.2% cap rate with the abatement significantly improving effective yield through 2031.
Lock & Leave Ownership
Private concierge, valet, and full Hotel Indigo service access mean zero maintenance burden on the owner. Travel, split time between markets, or lease it — this unit operates itself.
Sale Terms
Move-in ready. All information to be independently verified by buyer including HOA financials, reserve status, rental restrictions, and tax abatement terms.
Notes sur la vente
Priced well below market value.
Présenté par
590 Waterfront Way - Kirkland Tower
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