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P1 1038 W 7th Avenue
homes for sale · Vancouver
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$1,699,000

P1 1038 W 7th Avenue

Vancouver · MLS® R3178110

222

1,403 sq ft · Condo · Single Family · built 1987 · 2 days on market

listed by Matt Kerr, Stilhavn Real Estate Services

realtor's description

This stunning, 2 bedroom & den VIEW, penthouse at The Santorini is an entertainer's dream. The spacious, open-concept, Mediterranean-inspired living area opens to expansive, wraparound, multi-level decks overlooking the water, city & mountains. Completely updated & impeccably maintained over the years - expanded loft, new decking, new European windows & doors, power blinds, updated bathrooms, full laundry room & great storage. Enter your private garage from the lane & up 1 flight to your gorgeous home. 2nd parking in the parkade & a big locker. Boutique 14 home strata on a quiet, non-thru section of W.7th - easy stroll over the Laurel St walkway to the Seawall, Granville Island, shops, reataurants, groceries and transit. Viewings by appointment. Easy to show with 1 day notice.

property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
1,403 sq ft
parking
2
year built
1987
property tax
$5,638 / yr
strata fee
$788 / mo ($0.56 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
2
MLS®
R3178110

buying in a building from 1982 to 2000: what to read first

features

  • Central location
  • Treed
  • Pets Allowed With Restrictions
  • All

floor plans

found among the listing photos.

monthly cost

$8,660/mo
Mortgage $7,402 · Tax $470 · Strata $788

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

estimated payment
$7,402/ monthly
loan $1,359,200
25-year amortization
total interest
$861,514
property transfer tax
$31,980
BC general rate
cash to close
$371,780
down + PTT
total paid
$2,220,714
transfer tax

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
$2,830/mo
after all costs
−$6,091/mo
cap rate
0.9%
yearly net rent ÷ price

Costs: mortgage $7,402 · tax $470 · strata $788 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in South Granville/Oak, Vancouver: CMHC's average there ($2,506) 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

VancouverGoogle Maps ↗

Rapid transit: Olympic Village SkyTrain station, 900 m (about 14 min walk); Broadway–City Hall SkyTrain station, 1 km (about 15 min walk).

schools

Catchment schools, Vancouver School Board

  • Elementary False Creek Elementaryhomes in this catchment

    300 m away · 900 School Green, Vancouver · 604-713-4959

  • Secondary Kitsilano Secondaryhomes in this catchment

    2.6 km away · 2706 Trafalgar St, Vancouver · 604-713-8961

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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Matt Kerr
Stilhavn Real Estate Services
call Matt · 604-880-4588
4methe deep dive
Powered by: REALTOR.ca

similar homes nearby

property tax by year

yearassessedest. tax
2026$1,676,000$5,636
2025$1,998,000$6,224

Estimated tax down 9.4% from 2025 to 2026.

The listing shows $5,638 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.

price check

2026 assessment
$1,676,000 · asking is +1.4%
price per sq ft
$1,211 vs $1,013 median for condos in Vancouver for sale (2094)

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 2 days · no price changes so far

On the market 2 days (46 days counting the earlier listing it replaced). Relisted $80,000 below the earlier listing's last ask (-4.5%). No price changes recorded since Oct 24, 2026.

  1. Taken off the market unsold · earlier listing
    Oct 23, 2026
    last asked $1,779,000
  2. Listed for sale
    Oct 23, 2026
    $1,699,000
  3. Listed (MLS® R3162608)
    Sep 8, 2026
    $1,779,000

Price changes tracked nightly by mihom since October 2026. Sales are registered sales from BC Assessment.

2 3315 W 10th Avenue, Vancouver
2 3315 W 10th Avenue, Vancouver, photo 2
2 3315 W 10th Avenue, Vancouver, photo 3
2 3315 W 10th Avenue, Vancouver, photo 4
2 3315 W 10th Avenue, Vancouver, photo 5
2 3315 W 10th Avenue, Vancouver, photo 6
2 3315 W 10th Avenue, Vancouver, photo 7
2 3315 W 10th Avenue, Vancouver, photo 8
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8419 Osler Street, Vancouver, photo 3
8419 Osler Street, Vancouver, photo 4
8419 Osler Street, Vancouver, photo 5
8419 Osler Street, Vancouver, photo 6
8419 Osler Street, Vancouver, photo 7
8419 Osler Street, Vancouver, photo 8
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1 3315 W 10th Avenue, Vancouver
1 3315 W 10th Avenue, Vancouver, photo 2
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1 3315 W 10th Avenue, Vancouver, photo 4
1 3315 W 10th Avenue, Vancouver, photo 5
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2790 Cambridge Street, Vancouver, photo 2
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851 E 19th Avenue, Vancouver, photo 2
851 E 19th Avenue, Vancouver, photo 3
851 E 19th Avenue, Vancouver, photo 4
851 E 19th Avenue, Vancouver, photo 5
851 E 19th Avenue, Vancouver, photo 6
851 E 19th Avenue, Vancouver, photo 7
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2605 1077 W Cordova Street, Vancouver, photo 2
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2605 1077 W Cordova Street, Vancouver, photo 5
2605 1077 W Cordova Street, Vancouver, photo 6
2605 1077 W Cordova Street, Vancouver, photo 7
2605 1077 W Cordova Street, Vancouver, photo 8
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1
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MLS® R3166006
1
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location

the building's lot: 765 m² (8,234 sq ft) · PID 006-217-877. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Rapid transit: Olympic Village SkyTrain station, 900 m (about 14 min walk); Broadway–City Hall SkyTrain station, 1 km (about 15 min walk).

Drive times
  • Canada Royal High1 min
  • L'Ecole Bilingue Elementary2 min
  • Story Institute2 min
  • Vancouver General Hospital3 min
  • Downtown Vancouver6 min
  • YVR airport19 min
91

Walkability 91/100 · Very walkable: most errands on foot

Within a 10 minute walk: 41 places to eat or drink, 19 cafes, 9 parks and playgrounds, 3 schools, 10 pharmacies, 27 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

the market here

listed now
46 days
median for 2094 condos for sale; this one 2 days

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