1 2557 W King Edward Avenue

1 / 25

$1,188,000

1 2557 W King Edward Avenue

Vancouver · MLS® R3173310

all units at 2557 W King Edward Ave →

321

1,146 sq ft · Townhouse · Single Family · built 2026 · 19 days on market

listed by Lorne Goldman, Macdonald Realty

Open house · Sunday, November 1, 2pm–4pm

realtor's description

Enjoy the sought after Arbutus neighbourhood with this new 3 bedroom, 2 bathroom Townhouse. This thoughtfully designed residence features a bright, efficient layout & quality finishes throughout. The lower level can be used as a primary bedroom, family room or private office. Situated within Trafalgar Elementary & Prince of Wales Secondary catchments, the home is also conveniently located just a short drive from many of Vancouver´s top westside private schools. With easy access to UBC, Downtown Vancouver, Richmond, shopping, parks, and public transit, this is an exceptional opportunity to enjoy a well connected lifestyle in one of Vancouver´s most desirable neighbourhoods. Storage is another standout feature with an oversized 438 sqf crawl space offering an abundance of room for household items. OPEN HOUSE- NOV 1ST 2-4 PM.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 2
living area: 1,146 sq ft
parking: 1
year built: 2026
days on market: 19
MLS®: R3173310

features

Central location
Private setting
Treed
All

floor plans

found among the listing photos.

the market here

listed now: 48 days; median for 472 townhouses for sale; this one 19 days

Townhouses in Vancouver. Sale prices register 1 to 3 months after a sale closes.

property tax by year

year	assessed	est. tax
2026	$3,716,000	$12,496

Estimate: the BC Assessment value times Vancouver's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

monthly cost

$5,176/mo

Mortgage $5,176

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$5,176/ monthly

loan $950,400

25-year amortization

down payment20% · $237,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 26, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $602,401
property transfer tax: $21,760; BC general rate
cash to close: $259,360; down + PTT
total paid: $1,552,801

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent: $5,260/mo
after all costs: −$512/mo
cap rate: 4.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $5,176 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Westside/Kerrisdale, Vancouver: CMHC's average there ($4,453) 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
Vancouver also charges an empty homes tax. vancouver.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca