306 8486 Oak Street

Vancouver · MLS® R3179333

all units at 8486 Oak St →

221

742 sq ft · Condo · Single Family · built 2026 · listed today

listed by Josephine Kwok, Macdonald Realty

realtor's description

Move-in Ready! This bright & functional corner unit is located in a 6-storey concrete building. Featuring 2 bedrooms plus a den & 2 full bathrooms, the home offers a well designed layout with 9'2 ceilings and a west facing balcony. Enjoy high end Miele kitchen appliances and ultra quiet triple glazed widows for enhanced comfort. It includes 1 parking stall and 1 storage locker. Building amenities include smart parcel lockers, a rooftop garden, a fitness centre, and a multipurpose lounge. Conveniently located within walking distance of transit and the brand new Marpole Community Centre. NO new home GST.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 742 sq ft
parking: 1
year built: 2026
strata fee: $357 / mo ($0.48 / sq ft)
strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
days on market: 0
MLS®: R3179333

features

Central location
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
Refrigerator
Dishwasher

the market here

listed now: 46 days; median for 2094 condos for sale; this one listed today

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

monthly cost

$4,230/mo

Mortgage $3,873 · Strata $357

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

estimated payment

$3,873/ monthly

loan $711,120

25-year amortization

down payment20% · $177,78020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 28, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $450,736
property transfer tax: $0; $15,778 less $15,778 newly built exemption
cash to close: $177,780; down + PTT
total paid: $1,161,856

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent: $2,140/mo
after all costs: −$2,296/mo
cap rate: 2.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,873 · strata $357 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Marpole, Vancouver: CMHC's average there ($1,895) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% 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.

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

the building's lot: 372 m² (4,004 sq ft) · PID 014-111-233. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Rapid transit: Marine Drive SkyTrain station, 900 m (about 15 min walk); Bridgeport SkyTrain station, 1.5 km (about 23 min walk).

schools

Catchment schools, Vancouver School Board

Elementary Laurier Elementaryhomes in this catchment
1.1 km away · 7350 Laurel St, Vancouver · 604-713-4925
Secondary Sir Winston Churchill Secondaryhomes in this catchment
1.3 km away · 7055 Heather St, Vancouver · 604-713-8189

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.

good to know

Wildfire
The BC Wildfire Service rates Vancouver's wildland urban interface as risk class 5 of 5 (lowest; 1 is the highest). One wildfire of 10 hectares or more burned within 5 km since 2006: 2018 (13 ha). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

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.

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