Condo
$671,000
2009 501 Pacific Street
Vancouver20 days on market
listed by TRG The Residential Group Realty
MLS® R3172338
312 3138 Riverwalk Avenue
222
1,024 sq ft · Condo · Single Family · built 2015 · 6 days on market
listed by Morgan Browne, Oakwyn Realty Ltd.
realtor's description
Wake up in your WATERFRONT PENTHOUSE! Unobstructed Fraser River views from this rare top-floor, two-level corner home at the renowned Shoreline. Offering over 1000 square ft of beautifully designed living, this 2-bed, 2-bath residence features soaring 12´ ceilings, oversized windows, and an open-concept layout ideal for entertaining. The designer kitchen is equipped with Fisher & Paykel and Bosch appliances, quartz countertops, and opens to a private waterfront balcony. A thoughtful split-bedroom plan provides privacy, while the primary suite offers a walk-in closet and spa-inspired ensuite with radiant in-floor heating. Includes tandem parking, storage locker, EV charging, optional furniture, and first-floor re-piping already paid. Waterfront living at its finest.
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 1,024 sq ft
- parking
- 2
- year built
- 2015
- property tax
- $2,705 / yr
- strata fee
- $599 / mo ($0.58 / sq ft)
- strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- days on market
- 6
- MLS®
- R3176596
features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
monthly cost
$4,157/mo
Mortgage $3,333 · Tax $225 · Strata $599
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
if you rented it out
- rent
- $2,670/mo
- after all costs
- −$1,736/mo
- cap rate
- 2.5%
- yearly net rent ÷ price
Costs: mortgage $3,333 · tax $225 · strata $599 · 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.
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
VancouverGoogle Maps ↗
schools
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
2.2 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.
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