1 / 40

$349,900

305-4580 JOYCE AVE

Powell River · MLS® 20221

2 bed · 1 bath · 1,130 sq ft

Condo · Single Family · built 1993 · 22 days on market

Listed by AUSTYN MACKINNON, 460 REALTY POWELL RIVER

Realtor's description

TOP FLOOR OCEAN VIEW WITH BALCONY! Nicely laid out two bedroom condo is easy walking distance to loads of amenities. Newly renovated: kitchen with modern finishes, new appliances and fixtures, new paint, new engineered hardwood flooring and carpets. Enjoy the natural light and sunsets from the spacious living room with vaulted ceiling and balcony overlooking the view, stay cozy with the gas fireplace on crisp fall evenings. Spacious master bedroom with walkthrough closet, plenty of storage in the laundry room plus an additional storage room with wine fridge included. No lawns to mow or weeds to pull, you get the security of owning your own home plus the ease of apartment living with pets allowed. Easy elevator access in a complex with no age or rental restrictions. Call for all the details.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 1
Living area: 1,130 sq ft
Parking: 0
Year built: 1993
Property tax: $3,672 / yr
Strata fee: $390 / mo ($0.35 / sq ft)
Days on market: 22
MLS®: 20221

Buying in a building from 1982 to 2000: what to read first

Features

Central location
Southern exposure
Wheelchair access

Price check

Below typical for the area (-29%)

2026 assessment: $350,300 · asking is -0.1%
Price per sq ft: $310 vs $436 median for condos in Powell River for sale (30)

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 22 days

The market here

Listed now: 112 days; median for 30 condos for sale; this one 22 days

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

Monthly cost

$2,220/mo

Mortgage $1,524 · Tax $306 · Strata $390

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

estimated payment

$1,524/ monthly

loan $279,920

25-year amortization

down payment20% · $69,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $177,424
property transfer tax: $4,998; BC general rate
cash to close: $74,978; down + PTT
total paid: $457,344

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: $1,182/mo
After all costs: −$1,168/mo
Cap rate: 1.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,524 · tax $306 · strata $390 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in Powell River (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
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca