Vancouver · MLS® R3165732
221
991 sq ft · Townhouse · Single Family · built 2024 · 40 days on market
listed by Brigid Wong, Oakwyn Realty Ltd.
Experience modern living at this bright ground floor townhome at FORMAT by Cressey in the Kensington-Cedar Cottage neighbourhood. Enjoy 2 bedrooms, 2 bathrooms & spacious living space with expansive windows that flood the home with natural light. Inviting warm oak hardwood flooring throughout, DEKTON countertops, European appliances, Fulgor induction cooktop, wall oven, built-in fridge & versatile island in kitchen. Spacious primary bdrm with walk-in-closet, additional closet & bathroom with satin black fixtures & deep soaker tub. Comfort is elevated with energy-efficient heat pump providing heat and A/C. Step outside to your spacious fenced patio, surrounded by garden & private entry. Amenities incl. gym, lounge & rooftop terrace with stunning views. 1 underground parking stall included. PLEASE BOOK PRIVATE APPT
found among the listing photos.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $4,684 · tax $247 · strata $512 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Mount Pleasant/Renfrew Heights, Vancouver: CMHC's average there ($2,512) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% 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
300 m away · 1750 22nd Ave E, Vancouver · 604-713-4650
800 m away · 4105 Gladstone St, Vancouver · 604-713-8288
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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Rapid transit: Nanaimo SkyTrain station, 1.2 km (about 19 min walk); Commercial–Broadway SkyTrain station, 1.4 km (about 22 min walk).
| year | assessed | est. tax |
|---|---|---|
| 2026 | $974,000 | $3,275 |
| 2025 | $950,000 | $2,960 |
Estimated tax up 10.6% from 2025 to 2026.
The listing shows $2,962 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.
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.
the building's lot: 5,544 m² (59,675 sq ft). from ParcelMap BC; property lines are approximate, a survey is the legal boundary.
Rapid transit: Nanaimo SkyTrain station, 1.2 km (about 19 min walk); Commercial–Broadway SkyTrain station, 1.4 km (about 22 min walk).
Walkability 99/100 · Very walkable: most errands on foot
Within a 10 minute walk: 4 grocery stores, 26 places to eat or drink, 8 cafes, 10 parks and playgrounds, 5 schools, 1 pharmacy, 34 transit stops.
mihom score from OpenStreetMap places, by straight line distance.
On market 40 days · no price changes so far
On the market 40 days. No price changes recorded since Oct 8, 2026.
Price changes tracked nightly by mihom since October 2026. Sales are registered sales from BC Assessment.
Townhouses in Vancouver. Sale prices register 1 to 3 months after a sale closes.