906 7769 Park Crescent

Vancouver · MLS® R3109990

221

894 sq ft · Condo · Single Family · built 2024 · 200 days on market

listed by Tariq Malik, LeHomes Realty Premier

realtor's description

Welcome to Azure II, built by the reputable developer, Ledingham McAllister! This 2 bed + den and 2 bath is nested in the heart of the upcoming Southgate Master Plan Community in the Edmonds community. Floor to ceiling windows to shower your home with natural light, A/C, stainless steel appliances, gas cooktop and stunning views! Residents can take advantage of the impressive amenities including a fully-equipped fitness center, guest suites and a beautifully landscaped outdoor space. Pet friendly with restrictions. Within easy walking distance of Skytrain, Rosemary Brown Recreation Center, schools, shopping and conveniences of city living. MUST SEE !

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 894 sq ft
parking: 1
year built: 2024
property tax: $2,542 / yr
strata fee: $417 / mo ($0.47 / sq ft)
days on market: 200
MLS®: R3109990

features

Central location
Golf Course Development
All

the market here

listed now: 46 days; median for 2095 condos for sale; this one 200 days

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

property tax by year

year	assessed	est. tax
2026	$845,000	$2,841
2025	$853,000	$2,657

Estimated tax up 6.9% from 2025 to 2026.

The listing shows $2,542 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

$4,328/mo

Mortgage $3,699 · Tax $212 · Strata $417

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

estimated payment

$3,699/ monthly

loan $679,200

25-year amortization

down payment20% · $169,80020%+ down: no mortgage insuranceinterest rate4.34%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: $430,503
property transfer tax: $14,980; BC general rate
cash to close: $184,780; down + PTT
total paid: $1,109,703

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: $2,670/mo
after all costs: −$1,906/mo
cap rate: 2.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,699 · tax $212 · strata $417 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Metro Vancouver: CMHC's average there ($2,364) 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

location

the building's lot: 8,952 m² (96,358 sq ft) · PID 032-230-931. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Rapid transit: Edmonds SkyTrain station, 800 m (about 13 min walk); 22nd Street SkyTrain station, 1.1 km (about 17 min walk).

schools

Catchment schools, Burnaby School District 41

Elementary Stride Avenue Community Elementaryhomes in this catchment
400 m away · 7014 Stride Ave, Burnaby · 604-296-9032

From the Burnaby School District 41'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.