503 89 W 2ND AVENUE
Vancouver · MLS® R3163116
2 bed · 2 bath · 1,027 sq ft · 1 parking
Condo · Single Family · built 2012 · 28 days on market
Listed by Shaz Karim, Rennie & Associates Realty Ltd.
Realtor's description
Pinnacle Living False Creek - Set in one of Vancouver´s most connected waterfront communities, this spacious 2 bedroom and den home offers the space, function, and lifestyle buyers are looking for. Bright open living with expansive windows, A/C, and a covered balcony creates an easy year round feel. The kitchen features stone counters, stainless appliances, gas cooktop, and an oversized island ideal for everyday use or entertaining. A smart floorplan separates the bedrooms, with a spacious primary suite, walk through closet, and ensuite with separate shower and tub. The second bedroom and flexible den/solarium work well for guests, a nursery, or home office. Parking, storage, and move-in ready. Steps to the Seawall, SkyTrain, restaurants, cafes, groceries, and daily conveniences.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,027 sq ft
- Parking
- 1
- Year built
- 2012
- Property tax
- $3,262 / yr
- Strata fee
- $715 / mo ($0.70 / sq ft)
- Strata rules
- Pets Allowed
- Days on market
- 28
- MLS®
- R3163116
Features
- Central location
- Elevator
- Pets Allowed
- All
Floor plans
Found among the listing photos.
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
- $2,512/mo
- After all costs
- −$3,063/mo
- Cap rate
- 1.5%
- yearly net rent ÷ price
Costs: mortgage $4,353 · tax $272 · strata $715 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-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
Schools
Catchment schools, Vancouver School Board
- Elementary Fraser Elementaryhomes in this catchment
1.4 km away · 100 15th Ave W, Vancouver · 604-713-4946
- Secondary Eric Hamber Secondaryhomes in this catchment
3.5 km away · 960 W. 33rd Avenue, Vancouver · 604-713-8927
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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