206 256 E 2nd Avenue

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

rent

$1,960/mo

after all costs

−$1,945/mo

cap rate

2.0%

yearly net rent ÷ price

Costs: mortgage $3,115 · tax $186 · strata $412 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 1-bedroom in Mount Pleasant/Renfrew Heights, Vancouver: CMHC's average there ($1,704) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% 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.

Catchment schools, Vancouver School Board

• Elementary Mount Pleasant Elementaryhomes in this catchment

  600 m away · 2300 Guelph St, Vancouver · 604-713-4617

• Secondary Vancouver Technical Secondaryhomes in this catchment

  3.6 km away · 2600 Broadway E, Vancouver · 604-713-8215

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.