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$989,900

604 8398 Oak Street

Vancouver · MLS® R3141863

All units at 8398 Oak St →

3 bed · 2 bath · 922 sq ft · 1 parking

Condo · Single Family · built 2025 · 100 days on market

Listed by Pamie Ho, Rennie & Associates Realty Ltd.

Realtor's description

Welcome to Ortus! This thoughtfully designed 3-bedroom + den residence offers an exceptional blend of space, comfort, and functionality. The well-separated bedroom layout provides enhanced privacy, the den perfect for home office/storage. Seamless indoor-outdoor living with two private balconies, 9' ceilings, engineered hardwood flooring, A/C throughout, and floor-to-ceiling windows that offers the home with natural light. The contemporary kitchen featuring a spacious dining island and a premium integrated Bosch and Fulgor Milano appliances and an LG washer/dryer. Residents also enjoy exclusive access to SkyHaven-Ortus' premier 4,000 sq. ft. rooftop terrace, perfect for socializing or unwinding against a backdrop of panoramic views. Sales Centre open Sat/Sun from 12-5pm or by appointment.

Property details

Type: Condo, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 922 sq ft
Parking: 1
Year built: 2025
Strata fee: $628 / mo ($0.68 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 100
MLS®: R3141863

Features

Central location
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All
Oven - Built-In

Price check

Typical for the area (+5.3%)

2026 assessment: $1,097,000 · asking is -9.8%
Price per sq ft: $1,074 vs $1,020 median for condos in Vancouver for sale (2066)

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 100 days · no price changes so far

The market here

Listed now: 38 days; median for 2243 condos for sale; this one 100 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,097,000	$3,689

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

$4,941/mo

Mortgage $4,313 · Strata $628

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

estimated payment

$4,313/ monthly

loan $791,920

25-year amortization

down payment20% · $197,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 10, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $501,950
property transfer tax: $17,798; BC general rate
cash to close: $215,778; down + PTT
total paid: $1,293,870

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: $1,895/mo
After all costs: −$3,232/mo
Cap rate: 1.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,313 · strata $628 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in Marpole, 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: 1,757 m² (18,912 sq ft) · PID 032-512-333. 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 Laurier Elementaryhomes in this catchment
1.0 km away · 7350 Laurel St, Vancouver · 604-713-4925
Secondary Sir Winston Churchill Secondaryhomes in this catchment
1.2 km away · 7055 Heather St, Vancouver · 604-713-8189

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.

Good to know

Wildfire
The BC Wildfire Service rates Vancouver's wildland urban interface as risk class 5 of 5 (lowest; 1 is the highest). One wildfire of 10 hectares or more burned within 5 km since 2006: 2018 (13 ha). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

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.

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