
2 bed · 2 bath · 936 sq ft · 1 parking
Condo · Single Family · built 2011 · 130 days on market
Listed by Andy Hsu, 1NE Collective Realty Inc.
Realtor's description
Welcome to Ultima by Adera in the heart of UBC's Wesbrook Village. This spacious corner ground-floor home offers 2 bedrooms, 2 bathrooms, a den, and 9-ft ceiling. Enjoy a private patio with dual access to the courtyard, a gourmet open-concept kitchen with premium appliances, and a cozy living area with an electric fireplace. Steps to Save-On-Food, the community center, and transit, and just minutes to UBC, Pacific Spirit Park, beaches, golf courses, and Point Grey shops. Located in the U-Hill Secondary and Norma Rose Point Elementary catchment-perfect for living or investment.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 936 sq ft
- Parking
- 1
- Year built
- 2011
- Property tax
- $1,816 / yr
- Strata fee
- $483 / mo ($0.52 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 130
- MLS®
- R3130623
Features
- Central location
- Treed
- Elevator
- Pets Allowed With Restrictions
- Rentals 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
- $2,364/mo
- After all costs
- −$2,581/mo
- Cap rate
- 1.9%
- yearly net rent ÷ price
Costs: mortgage $4,087 · tax $151 · strata $483 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Metro 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 Norma Rose Point Elementaryhomes in this catchment
1.0 km away · 5488 Ortona Ave, Vancouver · 604-713-5950
- Secondary University Hill Secondaryhomes in this catchment
400 m away · 3228 Ross Dr, Vancouver · 604-713-8258
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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