$1,268,000
7351 Oak Street
Vancouver8 days on market
listed by Dracco Pacific Realty
MLS® R3176683
504 5687 Gray Avenue
221
869 sq ft · Condo · Single Family · built 2018 · listed today
listed by Andy Hue, Metro Edge Realty
realtor's description
Rise above the everyday at ETON by Polygon! Offered below BC assessed value, this bright penthouse brings together peaceful park views and the convenience of UBC´s vibrant Wesbrook Village. Discover 869 sq. ft. with 2 bedrooms, 2 bathrooms and separated bedrooms for added privacy. Open living and dining areas lead to your private deck-an inviting spot to unwind and enjoy the green outlook. The primary suite features a walk-in closet and double-vanity ensuite, while in-suite laundry adds everyday ease. Enjoy village shops, cafés and groceries close by, with Norma Rose Point Elementary and University Hill Secondary nearby. Explore Pacific Spirit Park´s forest trails, tee off at University Golf Club and enjoy UBC´s cultural and recreation amenities. Convenient bus connections put UBC Exchange, the Canada Line and Metrotown within reach. Penthouse living, natural beauty and village energy-come discover your next home!
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 869 sq ft
- parking
- 1
- year built
- 2018
- property tax
- $2,092 / yr
- strata fee
- $433 / mo ($0.50 / sq ft)
- strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- days on market
- 0
- MLS®
- R3178852
features
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
monthly cost
$5,221/mo
Mortgage $4,613 · Tax $174 · Strata $433
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
- $2,670/mo
- after all costs
- −$2,799/mo
- cap rate
- 2.1%
- yearly net rent ÷ price
Costs: mortgage $4,613 · tax $174 · strata $433 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Metro Vancouver: CMHC's average there ($2,364) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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 Norma Rose Point Elementaryhomes in this catchment
900 m away · 5488 Ortona Ave, Vancouver · 604-713-5950
- Secondary University Hill Secondaryhomes in this catchment
600 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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