3 bed · 2 bath · 1,001 sq ft · 1 parking
Condo · Single Family · built 2004 · 7 days on market
Listed by Monica Wang, Dracco Pacific Realty
Realtor's description
Rarely Available Penthouse at Journey! Nestled in the heart of UBC, this beautifully renovated top-floor unit is quietly situated on the peaceful side of the building, overlooking beautiful green pathway. Soaring 11' vaulted ceilings create a bright, airy atmosphere, while the thoughtfully designed open-concept layout offers exceptional comfort and functionality. Recent upgrades include newly installed hardwood flooring, fresh designer paint, new light fixtures, and a new washer & dryer, making this home truly move-in ready. The gourmet kitchen features granite countertops, premium stainless steel appliances, and gas cooktop. Relax by the upgraded gas fireplace or unwind on the oversized private balcony overlooking the tranquil surroundings. Walking distance to main campus and amenities!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,001 sq ft
- Parking
- 1
- Year built
- 2004
- Property tax
- $2,063 / yr
- Strata fee
- $599 / mo ($0.60 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 7
- MLS®
- R3171584
Features
- Central location
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Monthly cost
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
- $2,820/mo
- After all costs
- −$3,213/mo
- Cap rate
- 1.9%
- yearly net rent ÷ price
Costs: mortgage $5,002 · tax $172 · strata $599 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ bedroom in Metro 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
Schools
Catchment schools, Vancouver School Board
- Elementary Norma Rose Point Elementaryhomes in this catchment
1.2 km away · 5488 Ortona Ave, Vancouver · 604-713-5950
- Secondary University Hill Secondaryhomes in this catchment
700 m away · 3228 Ross Dr, Vancouver · 604-713-8258
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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