Condo
$500,000
34% less per sq ft205 3455 ASCOT PLACE
Vancouver29 days on market
2 bd1 ba745 sq ft
MLS® R31617991 / 29
$409,000
313 975 E BROADWAY
Vancouver · MLS® R3163416
1 bed · 1 bath · 622 sq ft · 1 parking
Condo · Single Family · built 1978 · 28 days on market
Listed by Gavin Hughes, Oakwyn Realty Ltd.
Realtor's description
Why rent when you can own? This beautifully renovated 1BR/1BA condo is located in East Van´s best pocket in Mount Pleasant and close to Commercial Drive. The bright interior features fresh paint, new wide-plank vinyl flooring, updated light fixtures, bathroom fixtures, new cabinet fronts, brand new appliances and countertops. Large living/dining space with access to the sunny, south facing balcony - great for a green thumb. Close to China Creek Park, the farmers market, VCC, Emily Carr, and the new Skytrain line. Unit includes one parking spot, one large storage locker, two cats, shared laundry. Building updates include hot water tank (2024), elevator cab (2017), re-piping (2016), and roof (2013). Great deal for first time buyers or investors with lucrative future redevelopment potential.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 622 sq ft
- Parking
- 1
- Year built
- 1978
- Property tax
- $1,499 / yr
- Strata fee
- $365 / mo ($0.59 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 28
- MLS®
- R3163416
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Refrigerator
- Stove
Floor plans
Found among the listing photos.
Monthly cost
$2,272/mo
Mortgage $1,782 · Tax $125 · Strata $365
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
- $1,704/mo
- After all costs
- −$739/mo
- Cap rate
- 3.1%
- yearly net rent ÷ price
Costs: mortgage $1,782 · tax $125 · strata $365 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-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
VancouverGoogle Maps ↗
Schools
Catchment schools, Vancouver School Board
- Elementary Queen Alexandra Elementaryhomes in this catchment
500 m away · 1300 Broadway E, Vancouver · 604-713-4599
- Secondary Vancouver Technical Secondaryhomes in this catchment
2.4 km 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.
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