House
$3,380,000
725 W 61ST AVENUE
Vancouver1 day on market
5 bd7 ba3,222 sq ft
MLS® R31729241 / 35
$2,889,000
3202 1111 RICHARDS STREET
Vancouver · MLS® R3153462
3 bed · 3 bath · 1,452 sq ft · 2 parking
Condo · Single Family · built 2021 · 62 days on market
Listed by Hayley Yip, Grand Central Realty
Realtor's description
Luxury Just Got Even Better! Welcome to 8X on the Park, where this sky-high 32nd floor corner residence offers elevated luxury in the heart of Yaletown. This well-kept 3 bed + den, 3 bath home features 1,484 square ft of bright, thoughtfully designed living with breathtaking city, mountain & water views. Enjoy 211 square ft of outdoor space across two balconies with different exposures-perfect for sunrise coffee or evening sunsets. Thoughtful bedroom separation, a versatile den, full-size laundry room, in-suite storage, 2 side-by-side parking stalls & a storage locker complete the home. Concierge service and the rooftop SkyLounge feature a theatre, social lounge, yoga studio & full gym. Just steps to Yaletown's award-winning restaurants, shops, parks, the Seawall & transit. The home you´ve been dreaming of-now with a $100,000 price glow-up.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,452 sq ft
- Parking
- 2
- Year built
- 2021
- Property tax
- $6,056 / yr
- Strata fee
- $1,059 / mo ($0.73 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 62
- MLS®
- R3153462
Features
- Central location
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
- Oven - Built-In
Floor plans
Found among the listing photos.
Monthly cost
$14,151/mo
Mortgage $12,587 · Tax $505 · Strata $1,059
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
- $5,081/mo
- After all costs
- −$9,511/mo
- Cap rate
- 1.3%
- yearly net rent ÷ price
Costs: mortgage $12,587 · tax $505 · strata $1,059 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ bedroom in Downtown, 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 šxʷwəq̓ʷəθət Crosstown Elementaryhomes in this catchment
- Secondary King George Secondaryhomes in this catchment
1.8 km away · 1755 Barclay St, Vancouver · 604-713-8999
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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