Vancouver · MLS® R3171326
321
1,612 sq ft · Condo · Single Family · built 1981 · 26 days on market
listed by Scott Carpenter, Engel & Volkers Vancouver
Open house · Saturday, October 31, 1:30pm–3:30pm
Welcome to Alder Bay Place located in Fairview Slopes. A unique boutique strata with only 13 associated units. Fantastic location and easy walking distance to South Granville shops, False Creek Elementary School, False Creek Community Centre, parks, the seawall and Granville Island. This updated 1612 sqft three bedroom two bath property is where you will want to call home. Features include a private entrance giving it a townhouse feel, a wood burning fireplace, in-suite laundry, secure underground parking and storage locker. Open House Sat, Oct 31st 1:30 to 3:30pm. Sun, Nov 1st 2:00pm to 4:00pm
found among the listing photos.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $6,753 · tax $406 · strata $651 · 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.
Rapid transit: Olympic Village SkyTrain station, 1.2 km (about 18 min walk); Yaletown–Roundhouse SkyTrain station, 1.2 km (about 19 min walk).
Catchment schools, Vancouver School Board
400 m away · 900 School Green, Vancouver · 604-713-4959
2.3 km away · 2706 Trafalgar St, Vancouver · 604-713-8961
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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| year | assessed | est. tax |
|---|---|---|
| 2026 | $1,474,000 | $4,957 |
| 2025 | $1,391,000 | $4,333 |
Estimated tax up 14.4% from 2025 to 2026.
The listing shows $4,866 a year in property tax.
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.

the building's lot: 1,022 m² (11,001 sq ft) · PID 006-311-636. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.
Rapid transit: Olympic Village SkyTrain station, 1.2 km (about 18 min walk); Yaletown–Roundhouse SkyTrain station, 1.2 km (about 19 min walk).
Walkability 96/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 46 places to eat or drink, 22 cafes, 16 parks and playgrounds, 4 schools, 7 pharmacies, 26 transit stops.
mihom score from OpenStreetMap places, by straight line distance.
Condos in Vancouver. Sale prices register 1 to 3 months after a sale closes.