Condo
$699,000
418 2515 Ontario Street
Vancouver3 days on market
MLS® R3173588
1 / 16
2 bed · 1 bath · 765 sq ft · 1 parking
Condo · Single Family · built 2015 · 25 days on market
Listed by Vincent Chan, Promerita Realty Corp.
Realtor's description
Shoreline by Polygon Homes, a sought-after waterfront community in Vancouver´s River District! This well kept 2bed/1bath+den ground level home is offered by the original owner and features brand-new flooring throughout, brand new carpets, updated washer/dryer. Enjoy ground-floor living with a functional layout, newly constructed greenbelt along Fraser River. Take advantage of the scenic riverfront trails, boardwalk and surrounding green spaces. River District´s growing Town Centre with Save-On-Foods, Shoppers Drug Mart, restaurants and everyday services. Metrotown 5 minutes away, Marine Gateway, Richmond and downtown are all easily accessible. Whether you´re a first-time buyer, downsizer or investor, this is an opportunity not to be missed!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 765 sq ft
- Parking
- 1
- Year built
- 2015
- Property tax
- $1,981 / yr
- Strata fee
- $448 / mo ($0.59 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 25
- MLS®
- R3165430
Features
- Elevator
- Wheelchair access
- Pets Allowed With Restrictions
- All
- Oven - Built-In
Monthly cost
$3,336/mo
Mortgage $2,723 · Tax $165 · Strata $448
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
- $2,359/mo
- After all costs
- −$1,200/mo
- Cap rate
- 2.9%
- yearly net rent ÷ price
Costs: mortgage $2,723 · tax $165 · strata $448 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Southeast Vancouver, Vancouver (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; 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
Location
VancouverGoogle Maps ↗
Schools
Catchment schools, Vancouver School Board
- Elementary Cook Elementaryhomes in this catchment
1.6 km away · 3340 54th Ave E, Vancouver · 604-713-4828
- Secondary Killarney Secondaryhomes in this catchment
2.2 km away · 6454 Killarney St, Vancouver · 604-713-8950
From the Vancouver School Board's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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