1203 485 W 42 AVENUE
Vancouver · MLS® R3172710
2 bed · 2 bath · 1,005 sq ft · 1 parking
Condo · Single Family · built 2026 · 2 days on market
Listed by Matthew Huang, Oakwyn Realty Ltd.
Realtor's description
BEST VALUE IN CLARIDGE HOUSE! GST PAID BY SELLER. Brand new '03 plan, one of the building's most sought-after layouts, with bright open living and stunning city and mountain views. Premium finishes, integrated Miele appliances, A/C, and spa-inspired bathrooms. Priced significantly below other Claridge House units. Steps to Oakridge Park, Canada Line SkyTrain, dining, and shopping. Concierge, sky lounge, and landscaped outdoor spaces. Includes 1 secure parking stall and 1 storage locker. Priced to sell! Exceptional location, exceptional don´t miss out! Open house Sat/Sun Oct 10/11 2-4pm
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,005 sq ft
- Parking
- 1
- Year built
- 2026
- Strata fee
- $587 / mo ($0.58 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 2
- MLS®
- R3172710
Features
- Elevator
- Pets Allowed With Restrictions
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $2,506/mo
- After all costs
- −$4,411/mo
- Cap rate
- 1.4%
- yearly net rent ÷ price
Costs: mortgage $6,095 · strata $587 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in South Granville/Oak, 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
600 m away · 5855 Ontario St, Vancouver · 604-713-4965
- Secondary Eric Hamber Secondaryhomes in this catchment
1.1 km 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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