218 6033 Gray Avenue

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

rent

$3,330/mo

after all costs

−$2,817/mo

cap rate

2.4%

yearly net rent ÷ price

Costs: mortgage $5,220 · tax $146 · strata $480 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Metro Vancouver: CMHC's average there ($2,820) raised by what new tenants pay against everyone in the Vancouver area, then down 3.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Catchment schools, Vancouver School Board

• Elementary Norma Rose Point Elementaryhomes in this catchment

  1.2 km away · 5488 Ortona Ave, Vancouver · 604-713-5950

• Secondary University Hill Secondaryhomes in this catchment

  400 m 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.