2 bed · 2 bath · 1,075 sq ft · 1 parking
Condo · Single Family · built 2021 · 80 days on market
Listed by Shanshan Cheng, Pacific Evergreen Realty Ltd.
Realtor's description
Welcome to this bright and spacious 2-bedroom + den CORNER home at Ivy on the Park in UBC´s Wesbrook Village. Offering 1,075 sq.ft. of well-designed living space, this home features a peaceful FOREST outlook, excellent privacy, and abundant natural light from its corner position. The functional layout includes 2 bedrooms, 2 bathrooms, and a versatile den ideal for a home office or additional storage. Enjoy a quiet, nature-oriented setting just steps from Pacific Spirit Regional Park, UBC campus, parks, shops, restaurants, and everyday amenities. A rare opportunity to own a spacious corner home in one of UBC´s most desirable communities. Open House this Sun Oct 4th.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,075 sq ft
- Parking
- 1
- Year built
- 2021
- Strata fee
- $744 / mo ($0.69 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 80
- MLS®
- R3148386
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
- Oven - Built-In
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $2,364/mo
- After all costs
- −$4,922/mo
- Cap rate
- 1.2%
- yearly net rent ÷ price
Costs: mortgage $6,318 · strata $744 · 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
800 m away · 5488 Ortona Ave, Vancouver · 604-713-5950
- Secondary University Hill Secondaryhomes in this catchment
700 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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