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$799,000

2207 5058 JOYCE STREET

Vancouver · MLS® R3167615

All units at 5058 Joyce St →

2 bed · 2 bath · 773 sq ft

Condo · Single Family · built 2021 · 18 days on market

Listed by Samuel Yang, Nu Stream Realty Inc.

Realtor's description

INVESTOR ALERT - OVER 5% GROSS YIELD, PRICED UNDER $800K! Welcome to "JOYCE" - this tenanted 2 bed 2 bath + flex home offers a gross rental yield of around 5% at this price point, a rare find in a concrete highrise this well-appointed. Fabulous skyline, Burrard Inlet & Gulf Island views. Built by Westbank: solid wood entry door, integrated Miele & Bosch appliances, porcelain tile throughout, A/C, triple-glazed windows & an oversized wrap-around balcony. Unbeatable rooftop amenities incl. gym, private study rooms, lounge with full kitchen & bar, and a terrace with urban gardens & resort-style seating. Steps to SkyTrain - easy access to Metrotown, Crystal Mall & Downtown Vancouver. Ideal for investors or end-users alike.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 773 sq ft
Parking: 0
Year built: 2021
Property tax: $2,361 / yr
Strata fee: $549 / mo ($0.71 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 18
MLS®: R3167615

Features

Central location
Elevator
Pets Allowed With Restrictions
All

Price check

Typical for the area (+1.3%)

2026 assessment: $702,000 · asking is +14%
Price per sq ft: $1,034 vs $1,020 median for condos in Vancouver for sale (2041)

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 18 days · no price changes so far

The market here

Listed now: 38 days; median for 2212 condos for sale; this one 18 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$702,000	$2,361
2025	$775,000	$2,414

Estimated tax down 2.2% from 2025 to 2026.

The listing shows $2,361 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

$4,227/mo

Mortgage $3,481 · Tax $197 · Strata $549

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

estimated payment

$3,481/ monthly

loan $639,200

25-year amortization

down payment20% · $159,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $405,150
property transfer tax: $13,980; BC general rate
cash to close: $173,780; down + PTT
total paid: $1,044,350

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: $2,512/mo
After all costs: −$1,951/mo
Cap rate: 2.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,481 · tax $197 · strata $549 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in Mount Pleasant/Renfrew Heights, 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 ↗

Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Bruce Elementaryhomes in this catchment
600 m away · 3633 Tanner St, Vancouver · 604-713-4778
Secondary Windermere Secondaryhomes in this catchment
1.1 km away · 3155 27th Ave E, Vancouver · 604-713-8180

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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