108 5058 CAMBIE STREET
Vancouver · MLS® R3155612
2 bed · 2 bath · 845 sq ft · 1 parking
Condo · Single Family · built 2020 · 56 days on market
Listed by Judy Dou, Luxmore Realty
Realtor's description
Basalt by Pennyfarthing, a luxury concrete building located at 35th Avenue and Cambie Street and steps away from Queen Elizabeth Park. This 2 Bed 2 bath unit has a bright and spacious kitchen, living room, and dining room with West facing windows. 9ft ceilings, A/C, and huge patio. The well-designed layout offers a practical and enjoyable living space. One underground parking. Central location close to public transit and shopping centers, and easy access to Downtown, UBC, Richmond, and Burnaby.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 845 sq ft
- Parking
- 1
- Year built
- 2020
- Property tax
- $3,778 / yr
- Strata fee
- $531 / mo ($0.63 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 56
- MLS®
- R3155612
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Monthly cost
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
- $2,512/mo
- After all costs
- −$2,922/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $4,353 · tax $315 · strata $531 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Mount Pleasant/Renfrew Heights, 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
Schools
Catchment schools, Vancouver School Board
- Elementary Van Horne Elementaryhomes in this catchment
1.1 km away · 5855 Ontario St, Vancouver · 604-713-4965
- Secondary Eric Hamber Secondaryhomes in this catchment
600 m away · 960 W. 33rd Avenue, Vancouver · 604-713-8927
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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