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$1,238,000

PH10 3479 WESBROOK MALL

Vancouver · MLS® R3115708

All units at 3479 Wesbrook Mall →

2 bed · 2 bath · 1,154 sq ft · 2 parking

Condo · Single Family · built 2011 · 168 days on market

Listed by Morning Yu, Laboutique Realty

Realtor's description

Penthouse with a rooftop patio in ULTIMA, developed by ADERA in Wesbrook Mall. Well-maintained, bright, and spacious 2-storey home with 2 bedrooms, 2 bathrooms, and a den. Open living space with high ceilings and large windows. Stainless-steel kitchen appliances and a granite countertop. The private, large rooftop patio faces east and is a perfect place to hang out with friends and family in the summertime. Comes with 2 side-by-side parking stalls and 1 locker. Walking distance to the UBC campus, banks, Save-On-Foods, pharmacy, and coffee shops. One block away from University Hill Secondary. Close to transit, shopping, and Pacific Spirit Park.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,154 sq ft
Parking: 2
Year built: 2011
Property tax: $2,328 / yr
Strata fee: $594 / mo ($0.51 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 168
MLS®: R3115708

Features

Central location
Private setting
Elevator
Pets Allowed With Restrictions
Rentals Allowed With Restrictions
All

Price check

Typical for the area (+5.1%)

2026 assessment: $1,315,000 · asking is -5.9%
Price per sq ft: $1,073 vs $1,020 median for condos in Vancouver for sale (2041)

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 168 days · no price changes so far

The market here

Listed now: 38 days; median for 2215 condos for sale; this one 168 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,315,000	$4,422
2025	$1,305,000	$4,066

Estimated tax up 8.8% from 2025 to 2026.

The listing shows $2,328 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

$6,181/mo

Mortgage $5,394 · Tax $194 · Strata $594

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

estimated payment

$5,394/ monthly

loan $990,400

25-year amortization

down payment20% · $247,60020%+ 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: $627,754
property transfer tax: $22,760; BC general rate
cash to close: $270,360; down + PTT
total paid: $1,618,154

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: −$4,041/mo
Cap rate: 1.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $5,394 · tax $194 · strata $594 · 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: 2,552 m² (27,469 sq ft) · PID 028-624-424. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

VancouverGoogle Maps ↗

Location

VancouverGoogle Maps ↗

Schools

Catchment schools, Vancouver School Board

Elementary Norma Rose Point Elementaryhomes in this catchment
1.0 km away · 5488 Ortona Ave, Vancouver · 604-713-5950
Secondary University Hill Secondaryhomes in this catchment
400 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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