1106 8031 Nunavut Lane

$688,000

1106 8031 Nunavut Lane

Vancouver · MLS® R3179001

all units at 8031 Nunavut Lane →

221

759 sq ft · Condo · Single Family · built 2016 · listed today

listed by Andrew YJ Zhang, Pacific Evergreen Realty Ltd.

realtor's description

PRIME LOCATION & EXCEPTIONAL CONVENIENCE! Welcome to MC2 by renowned developer Intracorp. This bright and spacious 759 sq. ft. southeast-facing home offers 2 bedrooms, 2 bathrooms, and a functional open-concept layout with beautiful city views. Features include stainless steel appliances, Caesarstone countertops, laminate flooring, and a private balcony. Includes 1 parking stall and 1 storage locker. Building amenities include a fitness centre, concierge, and bike storage. Unbeatable location just steps from Marine Drive SkyTrain Station, T&T Supermarket, shops, restaurants, cafes, Cineplex, and transit connections. Located within the Sexsmith Elementary and Sir Winston Churchill Secondary school catchments. An excellent opportunity for homeowners and investors alike!

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 759 sq ft
parking: 1
year built: 2016
property tax: $2,573 / yr
strata fee: $626 / mo ($0.82 / sq ft)
strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
days on market: 0
MLS®: R3179001

features

Central location
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

monthly cost

$3,838/mo

Mortgage $2,998 · Tax $214 · Strata $626

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$2,998/ monthly

loan $550,400

25-year amortization

down payment20% · $137,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 27, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $348,865
property transfer tax: $11,760; BC general rate
cash to close: $149,360; down + PTT
total paid: $899,265

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: $2,140/mo
after all costs: −$1,904/mo
cap rate: 1.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,998 · tax $214 · strata $626 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Marpole, Vancouver: CMHC's average there ($1,895) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% 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

location

VancouverGoogle Maps ↗

Rapid transit: Marine Drive SkyTrain station, 200 m (about 4 min walk); Langara-49th Avenue SkyTrain station, 1.6 km (about 25 min walk).

schools

Catchment schools, Vancouver School Board

Elementary Sexsmith Elementaryhomes in this catchment
800 m away · 7410 Columbia St, Vancouver · 604-713-4901
Secondary Sir Winston Churchill Secondaryhomes in this catchment
1.2 km 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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

similar homes nearby

1106 8031 Nunavut Lane

$688,000

1106 8031 Nunavut Lane

Vancouver · MLS® R3179001

all units at 8031 Nunavut Lane →

221

759 sq ft · Condo · Single Family · built 2016 · listed today

listed by Andrew YJ Zhang, Pacific Evergreen Realty Ltd.

realtor's description

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 759 sq ft
parking: 1
year built: 2016
property tax: $2,573 / yr
strata fee: $626 / mo ($0.82 / sq ft)
strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
days on market: 0
MLS®: R3179001

features

Central location
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

the market here

listed now: 46 days; median for 2094 condos for sale; this one listed today

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

monthly cost

$3,838/mo

Mortgage $2,998 · Tax $214 · Strata $626

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$2,998/ monthly

loan $550,400

25-year amortization

total interest: $348,865
property transfer tax: $11,760; BC general rate
cash to close: $149,360; down + PTT
total paid: $899,265

first-time buyernewly builtforeign national

if you rented it out

rent: $2,140/mo
after all costs: −$1,904/mo
cap rate: 1.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,998 · tax $214 · strata $626 · insurance ~$35 · vacancy 3% · upkeep 5%.

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

the building's lot: 6,507 m² (70,041 sq ft) · PID 029-815-274. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Rapid transit: Marine Drive SkyTrain station, 200 m (about 4 min walk); Langara-49th Avenue SkyTrain station, 1.6 km (about 25 min walk).

location

VancouverGoogle Maps ↗

Rapid transit: Marine Drive SkyTrain station, 200 m (about 4 min walk); Langara-49th Avenue SkyTrain station, 1.6 km (about 25 min walk).

schools

Catchment schools, Vancouver School Board

Elementary Sexsmith Elementaryhomes in this catchment
800 m away · 7410 Columbia St, Vancouver · 604-713-4901
Secondary Sir Winston Churchill Secondaryhomes in this catchment
1.2 km away · 7055 Heather St, Vancouver · 604-713-8189

good to know

Wildfire
The BC Wildfire Service rates Vancouver's wildland urban interface as risk class 5 of 5 (lowest; 1 is the highest). One wildfire of 10 hectares or more burned within 5 km since 2006: 2018 (13 ha). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.