open houseCondo
$869,000
402 1788 Ontario Street
Vancouver20 days on market
listed by Macdonald Realty
MLS® R3172423
201 2280 Wesbrook Mall
22
947 sq ft · Condo · Single Family · built 2025 · 1 day on market
listed by Ivan Lu, RA Realty Alliance Inc.
realtor's description
KEATS HALL - MOST CONVENIENT LOCATION IN UBC. CORNER UNIT WITH 2 BEDROOMS, THIS UNIT HAS UNIQUE OVER 100 SQFT ENSUITE BONUS SPACES WHICHIS NOT INCLUDED IN TOTAL FLOOR AREA (ONLY 2UNITS IN THIS BUILDING HAS THIS SETUP. 2 PARKING SPACES + LOCKER. RARE OPPORTUNITY THAT YOU SHOULD NOT MISS. THE FLOORPLAN IS GENERATED BY SMART APP FOR DEMO ONLY. IT IS THE DUTY OF BUYER'S AGENT TO VERIFY EXACT MEASUREMENT.
property details
- type
- Condo, Single Family
- bedrooms
- 2
- living area
- 947 sq ft
- parking
- 2
- year built
- 2025
- property tax
- $3,034 / yr
- strata fee
- $666 / mo ($0.70 / sq ft)
- days on market
- 1
- MLS®
- R3178257
features
- Central location
- Elevator
- Wheelchair access
- All
floor plans
found among the listing photos.
monthly cost
$4,836/mo
Mortgage $3,917 · Tax $253 · Strata $666
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
- $2,670/mo
- after all costs
- −$2,414/mo
- cap rate
- 2.0%
- yearly net rent ÷ price
Costs: mortgage $3,917 · tax $253 · strata $666 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Metro Vancouver: CMHC's average there ($2,364) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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
