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$1,318,000

607 1571 W 57TH AVENUE

Vancouver · MLS® R3169401

2 bed · 2 bath · 1,174 sq ft · 2 parking

Condo · Single Family · built 2019 · 12 days on market

Listed by Sylvia Xiao Shen, Sutton Group - 1st West Realty

Wilshire House at Shannon Wall Centre - A Southeast Corner Residence This bright 2-bedroom, 2-bath corner unit offers expansive views and is appointed with premium finishes: hardwood floors, Gaggenau appliances, air conditioning, and a nearly 1,200 sqft spacious and intelligently efficient layout. This residence also provides access to a full amenities including an outdoor pool, hot tub, rooftop BBQ, fitness centre, party lounge, concierge, and elegant gardens. A notable feature is the inclusion of 2 side-by-side parking spaces and 1 storage locker. Kerrisdale street shoppings and community amenities are near by. And it is also within a top school catchment. Inquire to arrange a private viewing today. Motivated Seller.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,174 sq ft
Parking: 2
Year built: 2019
Property tax: $4,832 / yr
Strata fee: $933 / mo ($0.79 / sq ft)
Strata rules: Pets Allowed
Days on market: 12
MLS®: R3169401

Above typical for the area (+10%)

2026 assessment: $1,415,000 · asking is -6.9%
Price per sq ft: $1,123 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.

Central location
Elevator
Gated community
Pets Allowed
All

On market 12 days

Listed now: 41 days; median for 2066 condos for sale; this one 12 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 Maps can be out of date or miss a lot line; confirm with the municipality.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
Secondary Magee Secondaryhomes in this catchment

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.

$7,078/mo

Mortgage $5,742 · Tax $403 · Strata $933

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

estimated payment

$5,742/ monthly

loan $1,054,400

25-year amortization

down payment20% · $263,60020%+ 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: $668,320
property transfer tax: $24,360; BC general rate
cash to close: $287,960; down + PTT
total paid: $1,722,720

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: −$4,394/mo
Cap rate: 1.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $5,742 · tax $403 · strata $933 · 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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