989 W 38TH AVENUE
Vancouver · MLS® R3165206
2 bed · 3 bath · 1,354 sq ft · 2 parking
Townhouse · Single Family · built 2006 · 23 days on market
Listed by Ryan Chen, Royal Pacific Realty (Kingsway) Ltd.
Realtor's description
Sophisticated three-level residence just minutes from the newly transformed Oakridge Park, offering a peaceful setting in an established neighbourhood. This thoughtfully designed home features 2 bedrooms, a versatile den and 3 bathrooms, with soaring 10-ft ceilings and expansive windows providing abundant natural light. The gourmet kitchen boasts granite countertops, stainless steel appliances and a gas range. Elegant finishes include hardwood floors, crown moulding and a gas fireplace. Additional highlights include a private patio for entertaining, and a rare private underground 2-car garage. Close to Oakridge shopping, dining and amenities, VanDusen Garden, parks, transit, Downtown Vancouver, Richmond and YVR. Virtual Tour: https://my.matterport.com/show/?m=EuiL9m2Et2r
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 2
- Bathrooms
- 3
- Living area
- 1,354 sq ft
- Parking
- 2
- Year built
- 2006
- Property tax
- $4,380 / yr
- Strata fee
- $898 / mo ($0.66 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 23
- MLS®
- R3165206
Features
- Central location
- Pets Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $2,506/mo
- After all costs
- −$5,224/mo
- Cap rate
- 0.7%
- yearly net rent ÷ price
Costs: mortgage $6,091 · tax $365 · strata $898 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in South Granville/Oak, 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
Schools
Catchment schools, Vancouver School Board
- Elementary Jamieson Elementaryhomes in this catchment
1.2 km away · 6350 Tisdall Street, Vancouver · 604-713-5367
- Secondary Eric Hamber Secondaryhomes in this catchment
400 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.
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