207 5955 IONA DRIVE
Vancouver · MLS® R3119015
2 bed · 2 bath · 942 sq ft · 1 parking
Condo · Single Family · built 2006 · 158 days on market
Listed by Izabela Wasiela, Oakwyn Realty Ltd.
Realtor's description
Welcome to Folio by award winning developer Intracorp! This bright east facing 2 bedroom & 2 bathroom home features an open concept kitchen and living room with cozy gas fireplace. The bedrooms & bathrooms are located on opposite sides of the home - perfect for privacy whether hosting a guest or sharing the home with a roommate. The oversized laundry room is situated off the Kitchen and offers additional pantry and storage solutions for the home chef. The beautiful covered patio surrounded by lush greenery is perfect for year round bbq's and entertaining. Located on a quiet street on the North end of the campus in a well-managed building just steps from the beach, forested trails, sports facilities and amenities. 1 parking stall EV charging ready & 1 storage locker.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 942 sq ft
- Parking
- 1
- Year built
- 2006
- Property tax
- $1,707 / yr
- Strata fee
- $433 / mo ($0.46 / sq ft)
- Strata rules
- Pets Allowed, Pets Allowed With Restrictions
- Days on market
- 158
- MLS®
- R3119015
Features
- Central location
- Private setting
- Elevator
- Wheelchair access
- Pets Allowed
- Pets Allowed With Restrictions
Floor plans
Found among the listing photos.
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $2,364/mo
- After all costs
- −$2,139/mo
- Cap rate
- 2.2%
- yearly net rent ÷ price
Costs: mortgage $3,703 · tax $142 · strata $433 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Metro 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
Schools
Catchment schools, Vancouver School Board
- Elementary University Hill Elementaryhomes in this catchment
900 m away · 5395 Chancellor Blvd, Vancouver · 604-713-5350
- Secondary University Hill Secondaryhomes in this catchment
2.2 km away · 3228 Ross Dr, Vancouver · 604-713-8258
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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