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$9,278,000

3902 1568 ALBERNI STREET

Vancouver · MLS® R3157466

3 bed · 4 bath · 3,008 sq ft · 2 parking

Condo · Single Family · built 2022 · 48 days on market

Listed by Peter Joudaki, Angell, Hasman & Associates Realty Ltd.

An iconic Vancouver residence, Alberni by renowned architect Kengo Kuma, offers a refined expression of West Coast luxury. This HALF FLOOR SUB PENTHOUSE features expansive indoor/outdoor living with floor-to-ceiling windows and glass sliding doors opening to multiple oversized covered terraces; ideal for year round use and entertaining. Enjoy sweeping views of the North Shore mountains, Stanley Park, English Bay, and Downtown. The open concept interior is anchored by a sleek, high end kitchen with integrated Miele and Sub Zero appliances. The primary suite includes a private terrace, dressing room, and spa-inspired ensuite overlooking Coal Harbour. Residents enjoy world-class amenities including concierge service, wellness facilities, pool and elegant resident lounges. A rare offering.

Type: Condo, Single Family
Bedrooms: 3
Bathrooms: 4
Living area: 3,008 sq ft
Parking: 2
Year built: 2022
Property tax: $46,649 / yr
Strata fee: $3,219 / mo ($1.07 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 48
MLS®: R3157466

Price per sq ft: $3,084 vs $1,020 median for condos in Vancouver for sale (2066)

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.

Central location
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions

On market 48 days

Listed now: 41 days; median for 2066 condos for sale; this one 48 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 Maps can be out of date or miss a lot line; confirm with the municipality.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 cəw̓as Ch’elxwá7elch Skwuláw̓txw Seaside Elementaryhomes in this catchment
Secondary King George Secondaryhomes in this catchment

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.

$47,530/mo

Mortgage $40,423 · Tax $3,887 · Strata $3,219

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

estimated payment

$40,423/ monthly

loan $7,422,400

25-year amortization

down payment20% · $1,855,60020%+ 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: $4,704,607
property transfer tax: $381,900; BC general rate
cash to close: $2,237,500; down + PTT
total paid: $12,127,007

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: $2,874/mo
After all costs: −$44,921/mo
Cap rate: -0.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $40,423 · tax $3,887 · strata $3,219 · insurance ~$35 · vacancy 3% · upkeep 5%.

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