Condo
$579,900
1107 1277 Nelson Street
Vancouver3 days on market
listed by Oakwyn Realty Ltd.
MLS® R3177358
106 2550 Garden Drive
$498,900
106 2550 Garden Drive
Vancouver · MLS® R3178200
11
524 sq ft · Condo · Single Family · built 2023 · 1 day on market
listed by Tyler Rodyniuk, Rennie & Associates Realty Ltd.
realtor's description
LAST CHANCE TO OWN AT 2550 GARDEN DRIVE! This beautiful studio plus den suite at 2550 Garden Drive features 524 sqft of open and light filled space. Incredible construction quality from trusted Developer Bucci Developments. Spacious and thoughtfully designed kitchen with premium integrated Fulgor & Milano appliances, wood cabinets and quartz counter. Further features include A/C, HRV system, 9' ceilings, engineered white oak floors, ample storage solutions, built-in laundry station, custom front entry storage niche, roller-shades, USB outlets and more! Just steps to Nanaimo St and Commercial Dr., Trout Lake Park and Commercial-BroadwaySkytrain. Amenities include a social lounge, expansive outdoor terrace, garden plots and children's play area. One parking and a storage locker included!
property details
- type
- Condo, Single Family
- bathrooms
- 1
- living area
- 524 sq ft
- parking
- 1
- year built
- 2023
- strata fee
- $301 / mo ($0.57 / sq ft)
- strata rules
- Pets Allowed With Restrictions
- days on market
- 1
- MLS®
- R3178200
features
- Elevator
- Pets Allowed With Restrictions
monthly cost
$2,475/mo
Mortgage $2,174 · Strata $301
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
if you rented it out
- rent
- $2,000/mo
- after all costs
- −$670/mo
- cap rate
- 3.6%
- yearly net rent ÷ price
Costs: mortgage $2,174 · strata $301 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a studio in Mount Pleasant/Renfrew Heights, Vancouver: CMHC's average there ($1,798) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% 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
