307 4488 CAMBIE STREET

Vancouver · MLS® R3124294

2 bed · 2 bath · 810 sq ft · 1 parking

Condo · Single Family · built 2019 · 147 days on market

Listed by Allen Lu, eXp Realty

Realtor's description

Experience parkside living at Parc Elise by Dava, perfectly situated directly across from iconic Queen Elizabeth Park. This 810 sqft 2 bedrooms and 2 baths home offers a serene retreat in the heart of the city-just steps to King Edward SkyTrain, Cambie Village shops, cafés, and restaurants, and future Oakridge Mall. Thoughtfully designed with a modern open layout, sleek finishes, and bright interiors. High end finishing's including hardwood floors, quartz countertops, Gaggenau appliances & Duravit fixtures. A/C for year round comfort while enjoying the best of nature and urban conveniences. Includes 1 parking and 1 storage locker. A rare opportunity to live beside one of Vancouver´s most treasured green spaces.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 810 sq ft
Parking: 1
Year built: 2019
Property tax: $2,934 / yr
Strata fee: $619 / mo ($0.76 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 147
MLS®: R3124294

Features

Central location
Elevator
Gated community
Pets Allowed With Restrictions
All

Price check

Above typical for the area (+12%)

2026 assessment: $938,000 · asking is -0.9%
Price per sq ft: $1,148 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 147 days · no price changes so far

The market here

Listed now: 38 days; median for 2212 condos for sale; this one 147 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$938,000	$3,154
2025	$941,000	$2,932

Estimated tax up 7.6% from 2025 to 2026.

The listing shows $2,934 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

$4,914/mo

Mortgage $4,051 · Tax $245 · Strata $619

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

estimated payment

$4,051/ monthly

loan $743,840

25-year amortization

down payment20% · $185,96020%+ 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: $471,475
property transfer tax: $16,596; BC general rate
cash to close: $202,556; down + PTT
total paid: $1,215,315

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: −$2,638/mo
Cap rate: 1.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,051 · tax $245 · strata $619 · 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

The building's lot: 3,641 m² (39,191 sq ft) · PID 030-740-177. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Wolfe Elementaryhomes in this catchment
700 m away · 4251 Ontario St, Vancouver · 604-713-4826
Secondary Eric Hamber Secondaryhomes in this catchment
1000 m away · 960 W. 33rd Avenue, Vancouver · 604-713-8927

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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