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202 539 W 28th Avenue
homes for sale · Vancouver
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$2,799,998

202 539 W 28th Avenue

Vancouver · MLS® R3178290

332

1,884 sq ft · Condo · Single Family · built 2025 · 1 day on market

listed by Tory Haakstad, Rennie & Associates Realty Ltd.

realtor's description

FINAL RELEASE PRICING Welcome to Soto on W28, where luxury meets modern design. This 1884 sqft 3-bed, 2.5-bath penthouse offers a private in-suite elevator, double-car underground garage, in-home storage, and 9.5 ft ceilings on main. Designed by Yamamoto Architecture with open living spaces, floor-to-ceiling windows, Gaggenau kitchen, wine fridge, and engineered hardwood floors. Primary includes custom closets & steam closet in laundry. Outdoor living with large terrace + rooftop with bonsai-inspired tree. Quiet, tree-lined street steps to QE Park. Move-in ready. Furnished show home by appointment. Limited time buyer credit avail. Visit website for more info

property details

type
Condo, Single Family
bedrooms
3
bathrooms
3
living area
1,884 sq ft
parking
2
year built
2025
strata fee
$942 / mo ($0.50 / sq ft)
strata rules
Pets Allowed With Restrictions, Rentals Allowed With Restrictions
days on market
1
MLS®
R3178290

features

  • Central location
  • Elevator
  • Pets Allowed With Restrictions
  • Rentals Allowed With Restrictions
  • All

monthly cost

$13,141/mo
Mortgage $12,199 · Strata $942

20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.

estimated payment
$12,199/ monthly
loan $2,239,998
25-year amortization
total interest
$1,419,798
property transfer tax
$62,000
BC general rate
cash to close
$622,000
down + PTT
total paid
$3,659,797
transfer tax

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent
$2,830/mo
after all costs
−$10,573/mo
cap rate
0.7%
yearly net rent ÷ price

Costs: mortgage $12,199 · strata $942 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in South Granville/Oak, Vancouver: CMHC's average there ($2,506) 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

location

VancouverGoogle Maps ↗

Rapid transit: King Edward SkyTrain station, 300 m (about 5 min walk); Oakridge-41st Avenue SkyTrain station, 1.5 km (about 23 min walk).

schools

Catchment schools, Vancouver School Board

  • Elementary Cavell Elementaryhomes in this catchment

    700 m away · 500 20th Ave W, Vancouver · 604-713-4932

  • Secondary Eric Hamber Secondaryhomes in this catchment

    900 m 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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Tory Haakstad
Rennie & Associates Realty Ltd.
call Tory · 604-788-7347
4methe deep dive
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▶ virtual tour

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property tax by year

yearassessedest. tax
2026$2,692,000$9,052

Estimate: the BC Assessment value times Vancouver's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

price check

2026 assessment
$2,692,000 · asking is +4.0%
price per sq ft
$1,486 vs $1,013 median for condos in Vancouver for sale (2094)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

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107 551 W 28th Avenue, Vancouver
107 551 W 28th Avenue, Vancouver, photo 2
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107 551 W 28th Avenue, Vancouver, photo 5
107 551 W 28th Avenue, Vancouver, photo 6
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107 551 W 28th Avenue, Vancouver, photo 8
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property insights

On market 1 day · no price changes so far

On the market 1 day (176 days counting the earlier listing it replaced). No price changes recorded since Oct 25, 2026.

  1. Taken off the market unsold · earlier listing
    Oct 24, 2026
    last asked $2,799,998
  2. Listed for sale
    Oct 24, 2026
    $2,799,998
  3. Listed (MLS® R3117681)
    May 1, 2026
    $2,799,998

Price changes tracked nightly by mihom since October 2026. Sales are registered sales from BC Assessment.

location

the building's lot: 2,089 m² (22,486 sq ft) · PID 032-551-282. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Rapid transit: King Edward SkyTrain station, 300 m (about 5 min walk); Oakridge-41st Avenue SkyTrain station, 1.5 km (about 23 min walk).

Drive times
  • Edith Cavell Elementary3 min
  • Eric Hamber Secondary4 min
  • Children's & Women's Health Centre of British Columbia5 min
  • Story Institute5 min
  • Downtown Vancouver9 min
  • YVR airport16 min
79

Walkability 79/100 · Walkable: many errands on foot

Within a 10 minute walk: 8 places to eat or drink, 4 cafes, 7 parks and playgrounds, 1 school, 22 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

the market here

listed now
46 days
median for 2094 condos for sale; this one 1 day

Condos in Vancouver. Sale prices register 1 to 3 months after a sale closes.