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$955,000

803 3355 BINNING ROAD

Vancouver · MLS® R3137142

All units at 3355 Binning Rd →

2 bed · 2 bath · 814 sq ft · 1 parking

Condo · Single Family · built 2016 · 114 days on market

Listed by Vincent Meng, Luxmore Realty

Realtor's description

Fantastic Binning Tower developed by Walls Group at UBC Wesbrook Village. This concrete building is nestled next to the Pacific Spirit Park within vibrant community. Great layout with 2 separate bedrooms and a bright den, central air-conditioning/ heating, sleek European gourmet kitchen, premium quality hardwood floor, marble and quartz countertops. 5 minutes walking distance to U-Hill Secondary School. tenanted until April 30 2027.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 814 sq ft
Parking: 1
Year built: 2016
Property tax: $1,945 / yr
Strata fee: $397 / mo ($0.49 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 114
MLS®: R3137142

Features

Elevator
Pets Allowed With Restrictions
All

Floor plans

Found among the listing photos.

Price check

Above typical for the area (+15%)

2026 assessment: $1,002,000 · asking is -4.7%
Price per sq ft: $1,173 vs $1,022 median for condos in Vancouver for sale (2039)

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 114 days · no price changes so far

The market here

Listed now: 38 days; median for 2210 condos for sale; this one 114 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,002,000	$3,369

The listing shows $1,945 a year in property tax.

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

$4,720/mo

Mortgage $4,161 · Tax $162 · Strata $397

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

estimated payment

$4,161/ monthly

loan $764,000

25-year amortization

down payment20% · $191,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $484,253
property transfer tax: $17,100; BC general rate
cash to close: $208,100; down + PTT
total paid: $1,248,253

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: $2,364/mo
After all costs: −$2,580/mo
Cap rate: 2.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,161 · tax $162 · strata $397 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in Metro 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: 5,135 m² (55,273 sq ft) · PID 029-830-931. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

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Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Norma Rose Point Elementaryhomes in this catchment
700 m away · 5488 Ortona Ave, Vancouver · 604-713-5950
Secondary University Hill Secondaryhomes in this catchment
700 m away · 3228 Ross Dr, Vancouver · 604-713-8258

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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