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$699,900

206 8486 OAK STREET

Vancouver · MLS® R3171976

All units at 8486 Oak St →

1 bed · 1 bath · 608 sq ft · 1 parking

Condo · Single Family · built 2026 · 7 days on market

Listed by Carmen Tsang, Macdonald Realty Westmar

Open house · Saturday, October 10, 1pm–4pm

Realtor's description

OAKMONT - A brand new concrete boutique building in South Oak featuring metal panel and window wall exteriors. This efficient 608sqft END UNIT 1-bed 1-bath + den boasts 9'2" ceilings. Luxurious features include custom Italian Aster Cucine cabinetry, Miele appliances, one-piece natural stone backsplash, and brushed nickel Graff water fixtures. Architectural highlights include aluminum triple-glazed 15mm windows (ultra-quiet!) and a double-height lobby with a Bocci chandelier. Amenities include a gym, multi-purpose lounge, smart lockers & rooftop garden. Exclusive low-density living, just steps from the BRAND NEW Marpole Community Centre. Walk to Skytrain, T&T and quick drive to YVR & Richmond. 1 EV parking included. Come experience the difference at OAKMONT at our OPEN HOUSES SAT & SUN 1-4PM.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 608 sq ft
Parking: 1
Year built: 2026
Strata fee: $299 / mo ($0.49 / sq ft)
Strata rules: Pets Allowed
Days on market: 7
MLS®: R3171976

Features

Central location
Elevator
Pets Allowed
All

Price check

Above typical for the area (+13%)

2026 assessment: $19,345,000 · asking is -96%
Price per sq ft: $1,151 vs $1,020 median for condos in Vancouver for sale (2039)

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.

Property insights

On market 7 days · no price changes so far

The market here

Listed now: 38 days; median for 2210 condos for sale; this one 7 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$19,345,000	$65,051

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.

Monthly cost

$3,348/mo

Mortgage $3,049 · Strata $299

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

estimated payment

$3,049/ monthly

loan $559,920

25-year amortization

down payment20% · $139,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $354,899
property transfer tax: $11,998; BC general rate
cash to close: $151,978; down + PTT
total paid: $914,819

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Rent: $1,494/mo
After all costs: −$2,009/mo
Cap rate: 1.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,049 · strata $299 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-bedroom in Marpole, 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

The building's lot: 372 m² (4,004 sq ft) · PID 014-111-233. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Laurier Elementaryhomes in this catchment
1.1 km away · 7350 Laurel St, Vancouver · 604-713-4925
Secondary Sir Winston Churchill Secondaryhomes in this catchment
1.3 km away · 7055 Heather St, Vancouver · 604-713-8189

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.

Good to know

Wildfire
The BC Wildfire Service rates Vancouver's wildland urban interface as risk class 5 of 5 (lowest; 1 is the highest). One wildfire of 10 hectares or more burned within 5 km since 2006: 2018 (13 ha). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

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