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$379,000

214 1545 E 2ND AVENUE

Vancouver · MLS® R3139080

All units at 1545 E 2nd Ave →

1 bath · 453 sq ft · 1 parking

Condo · Single Family · built 1976 · 108 days on market

Listed by Lyle Longridge, The Partners Real Estate

Realtor's description

Step into the center of Vancouver´s most authentic neighborhood,a block from the eclectic pulse of Commercial Drive!This bright,south-facing studio at Talishan Woods offers an unmatched lifestyle,surrounded by the city´s most celebrated shops,cafes,delis & hidden-gem eateries.It is the perfect home base for those who value neighborhood walkability & access to unique,local culture.The unit is vibrant,funky,& move-in ready,featuring warm wide-plank flooring,premium quartz counters,custom-style cabinetry & S/S appliances.The building is well-managed with recent exterior updates including roof,windows & doors.Comes W/secured parking & a locker.Pets are welcome.This is a rare opportunity to own a turnkey home in an iconic area.Experience the difference of a space designed 4 modern living! OPEN HOUSE SATURDAY JUNE 27th from 1-3PM .

Property details

Type: Condo, Single Family
Bathrooms: 1
Living area: 453 sq ft
Parking: 1
Year built: 1976
Property tax: $1,209 / yr
Strata fee: $398 / mo ($0.88 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 108
MLS®: R3139080

Features

Central location
Treed
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
Refrigerator

Price check

Below typical for the area (-18%)

2026 assessment: $382,300 · asking is -0.9%
Price per sq ft: $837 vs $1,019 median for condos in Vancouver for sale (2067)

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 108 days · no price changes so far

The market here

Listed now: 38 days; median for 2246 condos for sale; this one 108 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$382,300	$1,286

The listing shows $1,209 a year in property tax.

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

$2,150/mo

Mortgage $1,651 · Tax $101 · Strata $398

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

estimated payment

$1,651/ monthly

loan $303,200

25-year amortization

down payment20% · $75,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 10, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $192,180
property transfer tax: $5,580; BC general rate
cash to close: $81,380; down + PTT
total paid: $495,380

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: $1,689/mo
After all costs: −$631/mo
Cap rate: 3.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,651 · tax $101 · strata $398 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a studio in East Hastings, 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: 1,873 m² (20,161 sq ft) · PID 003-957-080. 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 ʔuuqinak’uuh Grandview Elementaryhomes in this catchment
Secondary Britannia Secondaryhomes in this catchment
700 m away · 1001 Cotton Dr, Vancouver · 604-713-8266

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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