Open houseTownhouse
$1,599,900
4811 LAUREL STREET
Vancouver42 days on market
MLS® R3159755
1 / 40
$1,569,000
197 W KING EDWARD AVENUE
Vancouver · MLS® R3164086
3 bed · 3 bath · 1,266 sq ft · 1 parking
Townhouse · Single Family · built 2025 · 29 days on market
Listed by Tory Haakstad, Rennie & Associates Realty Ltd.
Realtor's description
Brand new duplex-style townhome offering 3 bedrooms and 2.5 baths, attached to only one other home for a rare level of privacy in this boutique community. Enjoy both north and south exposure with a front and back patio, plus two private rooftop decks showcasing beautiful North Shore mountain and city views. The home features expansive 20 ft wide interiors, airy 9 ft ceilings on all three levels, AC, in-suite storage, and oak engineered hardwood throughout. The kitchen includes premium Fisher & Paykel appliances with an integrated fridge and dishwasher and a built-in wall oven. One EV-ready parking stall included. Located within King & Columbia, a boutique collection of modern brownstone homes in Riley Park, offering timeless architecture and thoughtful design. Just a 6-minute walk to the Canada Line and the shops and restaurants along Cambie and Main.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,266 sq ft
- Parking
- 1
- Year built
- 2025
- Strata fee
- $533 / mo ($0.42 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 29
- MLS®
- R3164086
Features
- Central location
- Private setting
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$7,369/mo
Mortgage $6,836 · Strata $533
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $3,360/mo
- After all costs
- −$4,453/mo
- Cap rate
- 1.8%
- yearly net rent ÷ price
Costs: mortgage $6,836 · strata $533 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ bedroom in Mount Pleasant/Renfrew Heights, 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 Wolfe Elementaryhomes in this catchment
300 m away · 4251 Ontario St, Vancouver · 604-713-4826
- Secondary Eric Hamber Secondaryhomes in this catchment
1.5 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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