2260 E 1st Avenue

20% down at 4.44% fixed (Ratehub.ca), 25 years; strata fee from the listing.

rent

$3,080/mo

after all costs

−$2,074/mo

cap rate

2.8%

yearly net rent ÷ price

Costs: mortgage $4,397 · strata $335 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in East Hastings, Vancouver: CMHC's average there ($2,608) 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 Nelson Elementaryhomes in this catchment

  400 m away · 1355 Garden Drive, Vancouver · 604-713-4595

• Secondary Vancouver Technical Secondaryhomes in this catchment

  1.2 km away · 2600 Broadway E, Vancouver · 604-713-8215

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.