House
$1,829,000
30% less per sq ft2155 GRAVELEY STREET
Vancouverlisted today
6 bd3 ba2,584 sq ft
MLS® R31736361 / 32
$1,498,000
1038 PARK DRIVE
Vancouver · MLS® R3143812
3 bed · 3 bath · 1,612 sq ft · 2 parking
Townhouse · Single Family · built 2019 · 92 days on market
Listed by Steve Kwok, RE/MAX City Realty
Realtor's description
Over $200k under assessment! Inside unit with basement! Over 1600 sqft interior, 3 bed and 2.5 bath townhouse with a flex room, TWO parking spots, PLUS a storage locker. RARE gem that won't last long. Diagonally across the street from the brand new $91 million Marpole Oakridge Community Centre, opening in 2026! School catchment: David L. George Elementary & Churchill Secondary. Heatpump air conditioning to keep you cool in the summer and warm in the winter, gas cooking stove top for real cooking. Inside unit tucked away from the traffic yet convenient to commute from. Patio space at the front and the back, along with a generously sized patio outside the master bedroom. Basement opens directly to your side by side parking spots. A storage locker too!
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,612 sq ft
- Parking
- 2
- Year built
- 2019
- Property tax
- $5,700 / yr
- Strata fee
- $535 / mo ($0.33 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 92
- MLS®
- R3143812
Features
- Central location
- Private setting
- Pets Allowed With Restrictions
- All
Monthly cost
$7,537/mo
Mortgage $6,527 · Tax $475 · Strata $535
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
- $1,895/mo
- After all costs
- −$5,968/mo
- Cap rate
- 0.4%
- yearly net rent ÷ price
Costs: mortgage $6,527 · tax $475 · strata $535 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Marpole, 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 David Lloyd George Elementaryhomes in this catchment
600 m away · 8370 Cartier St, Vancouver · 604-713-4895
- Secondary Sir Winston Churchill Secondaryhomes in this catchment
800 m away · 7055 Heather St, Vancouver · 604-713-8189
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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