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$1,390,000

319 W 59TH AVENUE

Vancouver · MLS® R3150316

3 bed · 3 bath · 1,530 sq ft · 2 parking

Townhouse · Single Family · built 2005 · 73 days on market

Listed by Joe Lee, Real Broker

Realtor's description

Welcome to Langara Green - a family-oriented community that is surrounded by the beauty of Winona Park, Langara Trail, and just steps to JW Sexsmith Elementary, this is truly an ideal setting to raise a family. This well-designed 3 bed (2 up, 1 down), 3 bath home is one of the rare units in the complex offering direct access to the underground parking. Enjoy generously sized bedrooms that easily fit king-size beds, abundant storage throughout, and a functional open kitchen that flows seamlessly to your private backyard patio. Centrally located where you are minutes away from Marine Gateway & The Brand New Oakridge Park providing you with easy access to supermarkets, dining, and essentials. side-by-side parking and 1 Locker. Perfect equilibrium between Tranquility and Convenience.

Property details

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 1,530 sq ft
Parking: 2
Year built: 2005
Property tax: $4,849 / yr
Strata fee: $665 / mo ($0.43 / sq ft)
Strata rules: Pets Allowed, Rentals Allowed With Restrictions
Days on market: 73
MLS®: R3150316

Features

Central location
Pets Allowed
Rentals Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-12%)

2026 assessment: $1,533,000 · asking is -9.3%
Price per sq ft: $908 vs $1,027 median for townhouses in Vancouver for sale (481)

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.

Property insights

On market 73 days · no price changes so far

The market here

Listed now: 45 days; median for 498 townhouses for sale; this one 73 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,533,000	$5,155

The listing shows $4,849 a year in property tax.

Estimate: the BC Assessment value times Vancouver's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$7,125/mo

Mortgage $6,056 · Tax $404 · Strata $665

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

estimated payment

$6,056/ monthly

loan $1,112,000

25-year amortization

down payment20% · $278,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $704,829
property transfer tax: $25,800; BC general rate
cash to close: $303,800; down + PTT
total paid: $1,816,829

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.

If you rented it out

Rent: $1,895/mo
After all costs: −$5,556/mo
Cap rate: 0.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $6,056 · tax $404 · strata $665 · insurance ~$175 · vacancy 3% · upkeep 5%.

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

The building's lot: 5,692 m² (61,268 sq ft) · PID 026-362-201. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Sexsmith Elementaryhomes in this catchment
200 m away · 7410 Columbia St, Vancouver · 604-713-4901
Secondary Sir Winston Churchill Secondaryhomes in this catchment
1.1 km away · 7055 Heather St, Vancouver · 604-713-8189

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.

Good to know

Wildfire
The BC Wildfire Service rates Vancouver's wildland urban interface as risk class 5 of 5 (lowest; 1 is the highest). One wildfire of 10 hectares or more burned within 5 km since 2006: 2018 (13 ha). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

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.

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