1 / 40

$519,000

306 2450 GARDEN DRIVE

Vancouver · MLS® R3158048

1 bath · 490 sq ft · 0 parking

Condo · Single Family · built 2025 · 45 days on market

Listed by Ben Thomson, RE/MAX Crest Realty

Welcome to Grafia by Porte, a boutique collection of homes completed in 2025 in the heart of Grandview Woodland. This bright studio and den located on the quiet side of the building offers 490 square feet of smart, efficient living with an open kitchen, full appliance package, in suite laundry and a large covered balcony that adds 104 square feet of year round outdoor space. The den works well as a home office or extra storage. Residents enjoy a social lounge, fitness centre, meeting room, bike room, garden plots, a barbecue patio and a rooftop deck with a play area. A locker is included. Steps to the shops, cafes and restaurants of Commercial Drive, Trout Lake, parks and transit, with a quick ride downtown. An ideal first home or investment.

Type: Condo, Single Family
Bathrooms: 1
Living area: 490 sq ft
Parking: 0
Year built: 2025
Property tax: $1,958 / yr
Strata fee: $264 / mo ($0.54 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 45
MLS®: R3158048

Typical for the area (+3.8%)

2026 assessment: $582,000 · asking is -11%
Price per sq ft: $1,059 vs $1,020 median for condos in Vancouver for sale (2066)

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.

Central location
Elevator
Pets Allowed With Restrictions
All

On market 45 days

Listed now: 41 days; median for 2066 condos for sale; this one 45 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Vancouver School Board

Elementary Secord Elementaryhomes in this catchment
200 m away · 2500 Lakewood Dr, Vancouver · 604-713-4996
Secondary Vancouver Technical Secondaryhomes in this catchment
600 m 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.

$2,688/mo

Mortgage $2,261 · Tax $163 · Strata $264

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

estimated payment

$2,261/ monthly

loan $415,200

25-year amortization

down payment20% · $103,80020%+ 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: $263,170
property transfer tax: $8,380; BC general rate
cash to close: $112,180; down + PTT
total paid: $678,370

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.

Rent: $1,689/mo
After all costs: −$1,170/mo
Cap rate: 2.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,261 · tax $163 · strata $264 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a studio in East Hastings, 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

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.

VancouverGoogle Maps ↗