1 / 25

$795,000

417 3480 MAIN STREET

Vancouver · MLS® R3170848

All units at 3480 Main St →

1 bed · 2 bath · 791 sq ft · 1 parking

Condo · Single Family · built 1993 · 9 days on market

Listed by Juliet Nicoll, Oakwyn Realty Ltd.

Realtor's description

Bright, quiet top floor condo at the most excellent Newport! With vaulted ceilings & skylights the space feels open & bright & is flooded with natural light. A private sanctuary with a large balcony overlooking the quiet courtyard & mountains beyond. This oversized one bed also features 2 bathrooms, gas fireplace, in-suite laundry & lots of storage. Updated appliances in the big kitchen, a lovely dining and living area & office nook. Walk through closet to the ensuite. Fully rainscreened & a CRF over 1.7 million, the Newport has an excellent reputation for being proactive. The strata allows 2 pets, is a non smoking building & includes a gym & visitor parking with EV chargers. Centrally located on Main St amidst the some of best shopping & restaurants in Vancouver. Quick possession possible.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 2
Living area: 791 sq ft
Parking: 1
Year built: 1993
Property tax: $2,684 / yr
Strata fee: $560 / mo ($0.71 / sq ft)
Strata rules: Pets Allowed
Days on market: 9
MLS®: R3170848

Buying in a building from 1982 to 2000: what to read first

Features

Central location
Elevator
Pets Allowed
All

Price check

Typical for the area (-1.7%)

2026 assessment: $798,000 · asking is -0.4%
Price per sq ft: $1,005 vs $1,022 median for condos in Vancouver for sale (2039)
Last sold: $775,000 · Apr 28, 2023

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.

Property insights

On market 9 days · no price changes so far

The market here

Listed now: 38 days; median for 2210 condos for sale; this one 9 days

Condos in Vancouver. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$798,000	$2,683
2025	$806,000	$2,511

Estimated tax up 6.8% from 2025 to 2026.

The listing shows $2,684 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.

Monthly cost

$4,247/mo

Mortgage $3,464 · Tax $224 · Strata $560

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

estimated payment

$3,464/ monthly

loan $636,000

25-year amortization

down payment20% · $159,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $403,122
property transfer tax: $13,900; BC general rate
cash to close: $172,900; down + PTT
total paid: $1,039,122

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.

If you rented it out

Rent: $1,704/mo
After all costs: −$2,714/mo
Cap rate: 1.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,464 · tax $224 · strata $560 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-bedroom in Mount Pleasant/Renfrew Heights, 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

The building's lot: 8,115 m² (87,349 sq ft) · PID 018-377-378. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Livingstone Elementaryhomes in this catchment
400 m away · 315 23rd Ave E, Vancouver · 604-713-4985
Secondary Sir Charles Tupper Secondaryhomes in this catchment
700 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.

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.