Condo
$1,068,800
205 1561 W 57TH AVENUE
Vancouver22 days on market
2 bd2 ba834 sq ft
MLS® R31656461 / 31
$855,000
319 2250 WESBROOK MALL
Vancouver · MLS® R3144055
2 bed · 2 bath · 844 sq ft · 2 parking
Condo · Single Family · built 2007 · 91 days on market
Listed by Louis Yu, RE/MAX Crest Realty
Realtor's description
Welcome to **Polygon's Chaucer Hall** in the heart of UBC's sought-after Wesbrook Village. This beautifully maintained 2-bedroom, 2-bathroom home features a bright and functional layout with a sunny southwest-facing balcony that fills the home with natural light. Enjoy quality craftsmanship, a cozy living space, and the rare convenience of **2 secure parking stalls**. Just steps to UBC campus, Pacific Spirit Regional Park, University Hill schools, parks, cafés, restaurants, Save-On-Foods, and everyday amenities. An exceptional opportunity for homeowners and investors alike.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 844 sq ft
- Parking
- 2
- Year built
- 2007
- Property tax
- $2,523 / yr
- Strata fee
- $386 / mo ($0.46 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 91
- MLS®
- R3144055
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
$4,321/mo
Mortgage $3,725 · Tax $210 · Strata $386
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
- $2,364/mo
- After all costs
- −$2,182/mo
- Cap rate
- 2.2%
- yearly net rent ÷ price
Costs: mortgage $3,725 · tax $210 · strata $386 · 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
Location
VancouverGoogle Maps ↗
Schools
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.
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