Townhouse
$999,000
2818 WATSON STREET
Vancouverlisted today
MLS® R3174215
1 / 26
2 bed · 2 bath · 1,013 sq ft · 1 parking
Condo · Single Family · built 2010 · 28 days on market
Listed by Yvonne Lu, Royal Pacific Realty Corp.
Realtor's description
Sophisticated Corner Residence at Wesbrook Place. Experience urban living in this beautifully designed, 1,000+ square ft corner home featuring 2 bedrooms, a bedroom-sized den, and 2 bathrooms. The intelligent open-concept layout separates the bedrooms with a spacious, sun-drenched living room boasting desirable South-East exposure. Premium finishes include high-end appliances and sleek laminate flooring throughout. Enjoy seamless indoor-outdoor living with two exceptionally large balconies perfect for relaxation. Complete with one secure parking stall, this residence offers an unbeatable lifestyle steps from Save-On-Foods, dining, banks, and Pacific Spirit Park. Located within the prestigious Norma Rose Point Elementary and University Hill Secondary school catchments.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,013 sq ft
- Parking
- 1
- Year built
- 2010
- Property tax
- $1,985 / yr
- Strata fee
- $476 / mo ($0.47 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 28
- MLS®
- R3164161
Features
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$4,780/mo
Mortgage $4,139 · Tax $165 · Strata $476
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
- −$2,640/mo
- Cap rate
- 1.9%
- yearly net rent ÷ price
Costs: mortgage $4,139 · tax $165 · strata $476 · 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
VancouverGoogle Maps ↗
Schools
Catchment schools, Vancouver School Board
- Elementary Norma Rose Point Elementaryhomes in this catchment
1000 m 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.
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