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$614,800

424 350 E 2ND AVENUE

Vancouver · MLS® R3155179

All units at 350 E 2nd Ave →

1 bed · 1 bath · 696 sq ft · 1 parking

Condo · Single Family · built 1995 · 58 days on market

Listed by Stephen Morris, Oakwyn Realty Ltd.

Realtor's description

SUB -PENTHOUSE AT MAINSPACE WITH NO ONE ABOVE YOU !!!!, rare 696 square ft loft style live/work gem in the heart of Mount Pleasant. This open concept unit features soaring 10´+ ceilings, HUGE SKYLIGHT, plus full height windows to PRIVATE CITY & MTN VIEWS, flexible layout perfect for creatives, professionals or investors. POLISHED CONCRETE FLOORS IN LIVING AREA, excellent built -ins, 1 parking is included and laundry is in-suite plus on each floor, THIS SOLID building is pet friendly plus VARIOUS parks are a short walk away. Exceptional walkability to Olympic Village, Main Street shops, Emily Carr, parks, and the upcoming Canada Line just 2 blocks away. PANORAMIC VIEWS FROM COMMON AREA ROOFTOP DECK .... NICE !! SHOWING oct 1 st 1130 am

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 696 sq ft
Parking: 1
Year built: 1995
Property tax: $2,099 / yr
Strata fee: $390 / mo ($0.56 / sq ft)
Strata rules: Adult Oriented, Pets Allowed
Days on market: 58
MLS®: R3155179

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

Features

Central location
Wheelchair access
Adult Oriented
Pets Allowed
Refrigerator
Dishwasher

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-13%)

2026 assessment: $629,000 · asking is -2.3%
Price per sq ft: $883 vs $1,020 median for condos in Vancouver for sale (2039)

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 58 days · no price changes so far

The market here

Listed now: 38 days; median for 2210 condos for sale; this one 58 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$629,000	$2,115

The listing shows $2,099 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

$3,243/mo

Mortgage $2,679 · Tax $175 · Strata $390

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

estimated payment

$2,679/ monthly

loan $491,840

25-year amortization

down payment20% · $122,96020%+ 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: $311,747
property transfer tax: $10,296; BC general rate
cash to close: $133,256; down + PTT
total paid: $803,587

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: −$1,711/mo
Cap rate: 1.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,679 · tax $175 · strata $390 · 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: 3,490 m² (37,566 sq ft) · PID 023-118-440. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

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Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Mount Pleasant Elementaryhomes in this catchment
300 m away · 2300 Guelph St, Vancouver · 604-713-4617
Secondary Vancouver Technical Secondaryhomes in this catchment
3.4 km away · 2600 Broadway E, Vancouver · 604-713-8215

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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