2 bed · 2 bath · 1,256 sq ft · 3 parking
Condo · Single Family · built 1991 · 99 days on market
Listed by Edwin Lee, Macdonald Realty
Realtor's description
This is your opportunity for penthouse living with panoramic views of the Fraser River and Mt. Baker. Built by Cressey Developments, this spacious 2 bedroom & 2 bathroom home includes a massive 736 sq.ft. private rooftop patio! The living space with open floorplan with south west exposure brings in tons of natural light. The property is completed with air conditioning, in-suite laundry, tons of storage and 3 side-by-side parking stalls. Great amenities include an indoor pool, hot tub, gym and lounge. This location is in the heart of the lively River District with easy access to the Fraser River Boardwalk, Riverfront Park and the convenience of restaurants and shops nearby.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,256 sq ft
- Parking
- 3
- Year built
- 1991
- Property tax
- $2,800 / yr
- Strata fee
- $666 / mo ($0.53 / sq ft)
- Strata rules
- Pets Allowed, Rentals Allowed With Restrictions
- Days on market
- 99
- MLS®
- R3141883
Features
- Central location
- Pets Allowed
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
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
- $2,359/mo
- After all costs
- −$2,598/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $3,834 · tax $233 · strata $666 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Southeast Vancouver, 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 Oppenheimer Elementaryhomes in this catchment
1.2 km away · 2421 Scarboro Ave, Vancouver · 604-713-4570
- Secondary David Thompson Secondaryhomes in this catchment
2.4 km away · 1755 55th Ave E, Vancouver · 604-713-8278
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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