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692 W 29th Avenue
homes for sale · Vancouver
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$1,599,000

692 W 29th Avenue

Vancouver · MLS® R3121490

331

1,310 sq ft · Townhouse · Single Family · built 2026 · 170 days on market

listed by Mark Hammer, eXp Realty

realtor's description

Welcome to The Modern on Heather, a sophisticated collection of 8 high performance homes built by award-winning custom builder Paramax Homes. Move in this summer to a 1, 2 or 3 bedroom home with elevated interiors and premium features such as European triple-glazed windows, Fisher Paykel appliances, engineered oak hardwood flooring, commercial grade private rooftop patios, energy-efficient systems & EV parking. Prime location on W 29th Ave & Heather St in Vancouver's Cambie Village neighbourhood moments from QE Park, King Edward SkyTrain, top amenities, schools & community centres. This is your rare opportunity to own a brand new home with finishes typically found in luxury custom-built single-family properties. Register online and come visit our fully-furnished display this week.

similar homes nearby

property details

type
Townhouse, Single Family
bedrooms
3
bathrooms
3
living area
1,310 sq ft
parking
1
year built
2026
strata fee
$384 / mo ($0.29 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
170
MLS®
R3121490

features

  • Pets Allowed With Restrictions
  • All

floor plans

found among the listing photos.

monthly cost

$7,351/mo
Mortgage $6,967 · Strata $384

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

estimated payment
$6,967/ monthly
loan $1,279,200
25-year amortization
total interest
$810,807
property transfer tax
$29,980
BC general rate
cash to close
$349,780
down + PTT
total paid
$2,090,007
transfer tax

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent
$2,830/mo
after all costs
−$4,922/mo
cap rate
1.5%
yearly net rent ÷ price

Costs: mortgage $6,967 · strata $384 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in South Granville/Oak, Vancouver: CMHC's average there ($2,506) 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

schools

Catchment schools, Vancouver School Board

  • Elementary Carr Elementaryhomes in this catchment

    700 m away · 4070 Oak St, Vancouver · 604-713-4941

  • Secondary Eric Hamber Secondaryhomes in this catchment

    700 m 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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Mark Hammer
eXp Realty
call Mark · 604-761-1335
4methe deep dive
Powered by: REALTOR.ca
▶ virtual tour

location

VancouverGoogle Maps ↗

Rapid transit: King Edward SkyTrain station, 600 m (about 9 min walk); Oakridge-41st Avenue SkyTrain station, 1.3 km (about 21 min walk).

property tax by year

yearassessedest. tax
2026$4,342,000$14,601

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.

price check

2026 assessment
$4,342,000 · asking is -63%
price per sq ft
$1,221 vs $1,027 median for townhouses in Vancouver for sale (476)

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.

the market here

listed now
47 days
median for 476 townhouses for sale; this one 170 days

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

property insights

On market 170 days · no price changes so far

On the market 170 days. No price changes recorded since Oct 8, 2026.

  1. Listed for sale
    May 8, 2026
    $1,599,000

Price changes tracked nightly by mihom since October 2026. Sales are registered sales from BC Assessment.

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2501 1408 Strathmore Mews, Vancouver, photo 5
2501 1408 Strathmore Mews, Vancouver, photo 6
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851 E 19th Avenue, Vancouver, photo 6
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2605 1077 W Cordova Street, Vancouver, photo 2
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2605 1077 W Cordova Street, Vancouver, photo 5
2605 1077 W Cordova Street, Vancouver, photo 6
2605 1077 W Cordova Street, Vancouver, photo 7
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1103 1575 Beach Avenue, Vancouver, photo 2
1103 1575 Beach Avenue, Vancouver, photo 3
1103 1575 Beach Avenue, Vancouver, photo 4
1103 1575 Beach Avenue, Vancouver, photo 5
1103 1575 Beach Avenue, Vancouver, photo 6
1103 1575 Beach Avenue, Vancouver, photo 7
1103 1575 Beach Avenue, Vancouver, photo 8
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1
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location

the building's lot: 605 m² (6,512 sq ft) · PID 032-847-220. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Rapid transit: King Edward SkyTrain station, 600 m (about 9 min walk); Oakridge-41st Avenue SkyTrain station, 1.3 km (about 21 min walk).

Drive times
  • Edith Cavell Elementary3 min
  • Eric Hamber Secondary3 min
  • Children's & Women's Health Centre of British Columbia5 min
  • Story Institute6 min
  • Downtown Vancouver10 min
  • YVR airport16 min
82

Walkability 82/100 · Very walkable: most errands on foot

Within a 10 minute walk: 1 grocery store, 8 places to eat or drink, 7 cafes, 8 parks and playgrounds, 2 schools, 1 pharmacy, 23 transit stops.

mihom score from OpenStreetMap places, by straight line distance.