Condo
$699,000
418 2515 Ontario Street
Vancouver3 days on market
MLS® R3173588
1 / 40
2 bed · 2 bath · 855 sq ft · 1 parking
Condo · Single Family · built 2015 · 5 days on market
Listed by Mary Kleiner, Oakwyn Realty Ltd.
Realtor's description
Wake up to the water. Welcome to Shoreline by Polygon - a rare collection of waterfront concrete homes in Vancouver's vibrant, sought-after River District. This bright and beautifully maintained 2 bedroom, 2 bathroom residence offers ~855 sqft of affordable luxury, with a spacious open floor plan and a smart, functional layout that lives larger than its size. The gourmet kitchen impresses with quartz stone countertops, soft-close cabinetry, and top-of-the-line Fisher & Paykel and Bosch stainless steel appliances, complemented by warm laminate flooring throughout the living spaces. Just move in and enjoy superb quality and attention to detail at every turn. Step outside to riverside living at its best - the Fraser foreshore trail, community plaza, shopping, cafés, dining and new schools are all at your fingertips. A freehold Vancouver address minutes to the Marine Drive Canada Line, Metrotown and Richmond, and only 20 minutes to downtown. This is more than a home - it's a connected waterfront community hub.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 855 sq ft
- Parking
- 1
- Year built
- 2015
- Property tax
- $2,276 / yr
- Strata fee
- $457 / mo ($0.53 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 5
- MLS®
- R3172178
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
Monthly cost
$3,474/mo
Mortgage $2,828 · Tax $190 · Strata $457
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
- $2,359/mo
- After all costs
- −$1,339/mo
- Cap rate
- 2.8%
- yearly net rent ÷ price
Costs: mortgage $2,828 · tax $190 · strata $457 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Southeast Vancouver, 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
VancouverGoogle Maps ↗
Schools
Catchment schools, Vancouver School Board
- Elementary Cook Elementaryhomes in this catchment
1.6 km away · 3340 54th Ave E, Vancouver · 604-713-4828
- Secondary Killarney Secondaryhomes in this catchment
2.2 km away · 6454 Killarney St, Vancouver · 604-713-8950
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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