366 E 23rd Avenue

20% down at 4.34% fixed (Ratehub.ca), 25 years.

rent

$3,970/mo

after all costs

−$3,485/mo

cap rate

2.6%

yearly net rent ÷ price

Costs: mortgage $6,962 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Mount Pleasant/Renfrew Heights, Vancouver: CMHC's average there ($3,360) raised by what new tenants pay against everyone in the Vancouver area, then down 3.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Catchment schools, Vancouver School Board

• Elementary Livingstone Elementaryhomes in this catchment

  100 m away · 315 23rd Ave E, Vancouver · 604-713-4985

• Secondary Sir Charles Tupper Secondaryhomes in this catchment

  200 m away · 419 24th Ave E, Vancouver · 604-713-8233

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.