House
$2,980,000
6485 Madrona Crescent
West Vancouver140 days on market
listed by RE/MAX Masters Realty
MLS® R3133250
1 2278 Folkestone Way
$2,590,000
1 2278 Folkestone Way
West Vancouver · MLS® R3177119
332
2,449 sq ft · Townhouse · Single Family · built 1989 · 6 days on market
listed by Jila Rezai, Royal LePage Sussex
realtor's description
Stunning city, harbour and sunset views from this luxurious 2-level end-unit townhome at The Summit. Substantially renovated in 2004 with an open layout designed to capture the sweeping views from nearly every room. The kitchen features glossy white cabinetry, granite counters, breakfast bar, stainless steel appliances and private BBQ deck. The living room offers custom built-ins, gas fireplace and wide-plank hardwood flooring. Enjoy exceptional outdoor living on a spacious deck that feels like a backyard. The lower level features three bedrooms, large laundry/storage room. Spacious primary suite has private view deck and spa-like ensuite with heated floors. Further updates completed in 2013.
property details
- type
- Townhouse, Single Family
- bedrooms
- 3
- bathrooms
- 3
- living area
- 2,449 sq ft
- parking
- 2
- year built
- 1989
- property tax
- $8,929 / yr
- strata fee
- $1,320 / mo ($0.54 / sq ft)
- strata rules
- Pets Allowed With Restrictions
- days on market
- 6
- MLS®
- R3177119
features
- Pets Allowed With Restrictions
monthly cost
$13,348/mo
Mortgage $11,284 · Tax $744 · Strata $1,320
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
if you rented it out
- rent
- $5,630/mo
- after all costs
- −$8,344/mo
- cap rate
- 1.4%
- yearly net rent ÷ price
Costs: mortgage $11,284 · tax $744 · strata $1,320 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in West Vancouver: CMHC's average there ($4,762) raised by what new tenants pay against everyone in the Vancouver area, then down 3.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
location
West VancouverGoogle Maps ↗
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