7414 Echo Place

Vancouver · MLS® R3178400

342

1,820 sq ft · Townhouse · Single Family · built 1979 · listed today

listed by Sam Chen, Nu Stream Realty Inc.

realtor's description

This stunning 3-bedroom 3.5-bathroom multilevel townhome offers the perfect layout for family living, complete with an expansive basement. The bright main floor features a spacious, seamless dining and living area centred around a cozy fireplace. Updated gourmet kitchen equipped with modern stainless steel appliances and abundant storage, the kitchen features its own private door opening directly to the patio. The fully finished basement boasts a huge recreation room and a convenient 3-piece bathroom, making it an ideal playroom, media hub or guest space. Enjoy living in a worry-free complex that features newer exterior siding, balconies, windows, doors, and gutters. The home underwent an extensive renovation in 2020, updating the kitchen, bathrooms, flooring, lighting and fresh paint etc.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 4
living area: 1,820 sq ft
parking: 2
year built: 1979
property tax: $2,974 / yr
strata fee: $601 / mo ($0.33 / sq ft)
strata rules: Pets Allowed, Rentals Allowed With Restrictions
days on market: 0
MLS®: R3178400

features

Pets Allowed
Rentals Allowed With Restrictions
All

the market here

listed now: 50 days; median for 478 townhouses for sale; this one listed today

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

monthly cost

$5,206/mo

Mortgage $4,357 · Tax $248 · Strata $601

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$4,357/ monthly

loan $792,000

25-year amortization

down payment20% · $198,00020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 28, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $515,138
property transfer tax: $17,800; BC general rate
cash to close: $215,800; down + PTT
total paid: $1,307,138

first-time buyernewly builtforeign national

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: $2,930/mo
after all costs: −$2,685/mo
cap rate: 2.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,357 · tax $248 · strata $601 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Southeast Vancouver, Vancouver: CMHC's average there ($2,475) raised by what new tenants pay against everyone in the Vancouver area, then down 3.5% 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

location

the building's lot: 38,169 m² (410,847 sq ft) · PID 005-591-864. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Rapid transit: Patterson SkyTrain station, 1.9 km (about 29 min walk); Metrotown SkyTrain station, 2.1 km (about 32 min walk).

schools

Catchment schools, Vancouver School Board

Elementary Champlain Heights Elementaryhomes in this catchment
400 m away · 6955 Frontenac St, Vancouver · 604-713-4760
Secondary Killarney Secondaryhomes in this catchment
1.5 km away · 6454 Killarney St, Vancouver · 604-713-8950

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.

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