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$1,269,900

602 1561 W 57TH AVENUE

Vancouver · MLS® R3081933

2 bed · 2 bath · 887 sq ft · 2 parking

Condo · Single Family · built 2019 · 259 days on market

Listed by Arion Xiao, 1NE Collective Realty Inc.

Welcome to Beverly House at Shannon Wall Centre. Exclusive West Side living on 10 acres of private, park-like grounds beside Shannon Mews Park & Peter Wall Mansion. This executive 2-bedroom home offers a functional open layout with separated bedrooms, cheater ensuite, and two balconies off the living room & primary bedroom with peek-a-boo ocean, city & garden views. Amenities include a gym, outdoor pool, rooftop gardens & playground. Comes with 2 secure parking stalls, 1 storage locker & a rare private locker room on the same floor. Convenient location near top schools, UBC, downtown, YVR & shopping.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 887 sq ft
Parking: 2
Year built: 2019
Property tax: $3,499 / yr
Strata fee: $602 / mo ($0.68 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 259
MLS®: R3081933

Price per sq ft: $1,432 vs $1,020 median for condos in Vancouver for sale (2065)

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.

Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

On market 259 days

Listed now: 41 days; median for 2065 condos for sale; this one 259 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Vancouver School Board

Elementary Maple Grove Elementaryhomes in this catchment
1.3 km away · 6199 Cypress St, Vancouver · 604-713-5356
Secondary Magee Secondaryhomes in this catchment
1.2 km away · 6360 Maple St, Vancouver · 604-713-8200

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.

$6,426/mo

Mortgage $5,533 · Tax $292 · Strata $602

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

estimated payment

$5,533/ monthly

loan $1,015,920

25-year amortization

down payment20% · $253,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $643,930
property transfer tax: $23,398; BC general rate
cash to close: $277,378; down + PTT
total paid: $1,659,850

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.

Rent: $2,955/mo
After all costs: −$3,743/mo
Cap rate: 1.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $5,533 · tax $292 · strata $602 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in Westside/Kerrisdale, 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

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