308 3188 Riverwalk Avenue

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

rent

$2,670/mo

after all costs

−$1,939/mo

cap rate

2.4%

yearly net rent ÷ price

Costs: mortgage $3,616 · tax $194 · strata $551 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Southeast Vancouver, Vancouver: CMHC's average there ($2,359) 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.

Catchment schools, Vancouver School Board

• Elementary Cook Elementaryhomes in this catchment

  1.6 km away · 3340 54th Ave E, Vancouver · 604-713-4828

• Secondary Killarney Secondaryhomes in this catchment

  2.3 km away · 6454 Killarney St, Vancouver · 604-713-8950

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.