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$2,198,000

207 1331 MARINE DRIVE

West Vancouver · MLS® R3128726

2 bed · 2 bath · 1,411 sq ft · 2 parking

Condo · Single Family · built 2023 · 133 days on market

Listed by JJ Jamali, RE/MAX Elevate Realty

Realtor's description

Welcome to Ambleside Residences, a boutique concrete building in the heart of West Vancouver´s iconic beachside community. 2 mins walk to Sea-wall, 5 mins walk to Park Royal Mall. Defined by contemporary architecture & a signature open-air, glass-canopied walkway, this address delivers refined coastal living. Residence 207 offers over 1400 sqft of living space inclusive of 2 bedrooms and 2 spa-inspired bathrooms in a bright, open-concept layout with beautiful water views. Enjoy air conditioning and high-end finishes throughout. The chef´s kitchen showcases Italian Scavolini cabinetry paired with premium Gaggenau appliances, while the serene bathrooms offer a daily retreat. A spacious private patio provides the perfect setting to relax or entertain. Steps to the seawall, shops, cafés & Ambleside Beach.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,411 sq ft
Parking: 2
Year built: 2023
Property tax: $3,990 / yr
Strata fee: $1,021 / mo ($0.72 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 133
MLS®: R3128726

Features

Elevator
Wheelchair access
Pets Allowed With Restrictions
Rentals Allowed With Restrictions

Price check

Price per sq ft: $1,558 vs $1,153 median for condos in West Vancouver for sale (91)

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 133 days

The market here

Listed now: 56 days; median for 91 condos for sale; this one 133 days

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

Monthly cost

$10,930/mo

Mortgage $9,576 · Tax $332 · Strata $1,021

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

estimated payment

$9,576/ monthly

loan $1,758,400

25-year amortization

down payment20% · $439,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,114,543
property transfer tax: $43,940; BC general rate
cash to close: $483,540; down + PTT
total paid: $2,872,943

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: $3,252/mo
After all costs: −$7,973/mo
Cap rate: 0.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $9,576 · tax $332 · strata $1,021 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in West 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
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca