Condo
$549,900
15% under assessed708 888 Homer Street
Vancouver16 days on market
MLS® R3169466
1 / 11
1 bed · 1 bath · 446 sq ft · 1 parking
Condo · Single Family · built 2018 · 103 days on market
Listed by Paul Yip, RE/MAX City Realty
Realtor's description
Welcome to Northwest by Onni in the heart of the Cambie Corridor! This bright and well-designed home offers year-round comfort with air conditioning and a heat pump, plus quality finishes throughout. Enjoy an unbeatable location just steps to Marine Gateway SkyTrain, T&T Supermarket, Cineplex, restaurants, cafés, shops and everyday conveniences. Building amenities include 24-hour concierge, a fully equipped fitness centre, party lounge, media room, guest suite and rooftop garden with BBQ area. Easy access to Downtown, Richmond, YVR and UBC. An exceptional opportunity for first-time buyers, professionals or investors seeking lifestyle, convenience and long-term value.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 446 sq ft
- Parking
- 1
- Year built
- 2018
- Property tax
- $1,650 / yr
- Strata fee
- $336 / mo ($0.75 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 103
- MLS®
- R3140759
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- All
Monthly cost
$2,587/mo
Mortgage $2,113 · Tax $137 · Strata $336
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
- $1,494/mo
- After all costs
- −$1,247/mo
- Cap rate
- 2.1%
- yearly net rent ÷ price
Costs: mortgage $2,113 · tax $137 · strata $336 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-bedroom in Marpole, 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
VancouverGoogle Maps ↗
Schools
Catchment schools, Vancouver School Board
- Elementary Laurier Elementaryhomes in this catchment
1.1 km away · 7350 Laurel St, Vancouver · 604-713-4925
- Secondary Sir Winston Churchill Secondaryhomes in this catchment
1.3 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.
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