1 / 40

$2,499,000

706 6707 NELSON AVENUE

West Vancouver · MLS® R3158971

2 bed · 3 bath · 2,167 sq ft · 2 parking

Condo · Single Family · built 2022 · 42 days on market

Listed by Nazanin Behroyan, Behroyan & Associates Real Estate Services

Realtor's description

Sub-Penthouse w/true waterfront living! Nestled in West Van´s prestigious waterfront, Sanctuary by Westbank offers a luxurious West Coast lifestyle with stunning water & mtn views that define indoor/outdoor living. Rare, large, "penthouse feel" patio boasts an outdoor kitchen, fireplace & hot tub. Interiors feature plank wood flooring, travertine stone fireplace, top-tier Miele appliances, Italian cabinetry & geo-thermal cooling/heating; this development is the epitome of opulence. 2 secure parking spaces, bike/toy storage locker & private storage room. Resident amenities include Boat House with 24ft Chris Craft Boat, gym, kayaks/paddleboards & more. Situated in the heart of Horseshoe Bay, with access to ferries, unique shops, restaurants, Gleneagles Golf, beaches/trails.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 3
Living area: 2,167 sq ft
Parking: 2
Year built: 2022
Property tax: $5,732 / yr
Strata fee: $1,298 / mo ($0.60 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 42
MLS®: R3158971

Features

Central location
Private setting
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Price check

Typical for the area (0.0%)

2026 assessment: $1,806,000 · asking is +38%
Price per sq ft: $1,153 vs $1,153 median for condos in West Vancouver for sale (91)

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 42 days

The market here

Listed now: 56 days; median for 91 condos for sale; this one 42 days

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

Monthly cost

$12,663/mo

Mortgage $10,888 · Tax $478 · Strata $1,298

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

estimated payment

$10,888/ monthly

loan $1,999,200

25-year amortization

down payment20% · $499,80020%+ 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: $1,267,171
property transfer tax: $52,970; BC general rate
cash to close: $552,770; down + PTT
total paid: $3,266,371

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: $3,252/mo
After all costs: −$9,707/mo
Cap rate: 0.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $10,888 · tax $478 · strata $1,298 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in West 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
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca