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$998,000

318 2388 WESTERN PARKWAY

Vancouver · MLS® R3134265

2 bed · 2 bath · 931 sq ft · 1 parking

Condo · Single Family · built 2005 · 120 days on market

Listed by Connie Kuang, LeHomes Realty Premier

Ideally located in the heart of the beautiful UBC campus, walkable to almost everything you need: academic buildings, bookstore, shops, Save-on-food, banks, restaurants, varieties of services, public transit, beaches, Pacific Spirit park; Ideal for families and students. fantastic floor plan with 2 decent size separated bedrooms; mater bedroom has an ensuite double-sink full bathroom, and a walk-in closet; Second bedroom is next to the main bathroom. Enjoy the spacious cozy living room with abundant natural light and the fire place. Large balcony faces beautiful green lawn; 1 parking. Ample visitor parking, EV charging, peaceful manicured private courtyard. Open house June 12 5:30-7:30 PM and Sunday Jun 14 1:30-3 PM (this Sunday can show except master bedroom).

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 931 sq ft
Parking: 1
Year built: 2005
Property tax: $2,709 / yr
Strata fee: $569 / mo ($0.61 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 120
MLS®: R3134265

Typical for the area (+5.2%)

Price per sq ft: $1,072 vs $1,019 median for condos in Vancouver for sale (2065)

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.

Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

On market 120 days

Listed now: 41 days; median for 2065 condos for sale; this one 120 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

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 Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Vancouver School Board

Elementary University Hill Elementaryhomes in this catchment
1.2 km away · 5395 Chancellor Blvd, Vancouver · 604-713-5350
Secondary University Hill Secondaryhomes in this catchment
1.2 km away · 3228 Ross Dr, Vancouver · 604-713-8258

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.

$5,143/mo

Mortgage $4,348 · Tax $226 · Strata $569

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

estimated payment

$4,348/ monthly

loan $798,400

25-year amortization

down payment20% · $199,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $506,057
property transfer tax: $17,960; BC general rate
cash to close: $217,560; down + PTT
total paid: $1,304,457

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.

Rent: $2,364/mo
After all costs: −$3,004/mo
Cap rate: 1.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,348 · tax $226 · strata $569 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in Metro 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

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