House
$5,498,000
1433 W 48TH AVENUE
Vancouver17 days on market
MLS® R3168175
1 / 8
3 bed · 3 bath · 1,968 sq ft · 2 parking
Condo · Single Family · built 2024 · 136 days on market
Listed by Layla Yang, Dracco Pacific Realty
Realtor's description
Welcome to The Butterfly by Revery Architecture, an iconic luxury residence by Westbank in Vancouver's prestigious West End. Perched on the 40th floor, this 3-bedroom home offers 1,968 sq.ft. of refined living with sweeping city and mountain views. Impeccably designer-furnished, featuring floor-to-ceiling windows, bespoke Italian cabinetry, and a sleek kitchen with premium Miele appliances. World-class amenities include a 50m glass-roofed pool, state-of-the-art fitness centre, yoga studio, and 24-hour concierge. Steps to Alberni's luxury boutiques, English Bay, and Stanley Park - a true statement of elevated urban living.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,968 sq ft
- Parking
- 2
- Year built
- 2024
- Property tax
- $25,862 / yr
- Strata fee
- $1,778 / mo ($0.90 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 136
- MLS®
- R3128107
Features
- Central location
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
- Oven - Built-In
Floor plans
Found among the listing photos.
Monthly cost
$37,477/mo
Mortgage $33,543 · Tax $2,155 · Strata $1,778
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
- $2,874/mo
- After all costs
- −$34,867/mo
- Cap rate
- -0.2%
- yearly net rent ÷ price
Costs: mortgage $33,543 · tax $2,155 · strata $1,778 · 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
Location
VancouverGoogle Maps ↗
Schools
Catchment schools, Vancouver School Board
- Elementary Roberts Elementaryhomes in this catchment
1000 m away · 1100 Bidwell St, Vancouver · 604-713-5055
- Secondary King George Secondaryhomes in this catchment
1.1 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.
Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.
