Townhouse
$999,000
2818 WATSON STREET
Vancouverlisted today
MLS® R3174215
1 / 36
2 bed · 2 bath · 920 sq ft · 1 parking
Condo · Single Family · built 2018 · 80 days on market
Listed by Steven C Li, Sutton Group - 1st West Realty
Realtor's description
Welcome to PH7, a rare two-level penthouse at Adera's Virtuoso, built in 2018. This top-floor residence features a bright open-concept living and dining area with oversized floor-to-ceiling windows that flood the home with natural light. A thoughtfully designed split-bedroom layout provides excellent privacy, while the upper-level flex room offers exceptional versatility as a home office, guest room, or study. Boasting an outstanding walk score, this home is just steps from major grocery stores, local cafés, restaurants, parks, top-ranked schools, frequent UBC transit, campus amenities, and the extensive forest trails of Pacific Spirit Regional Park. Don't miss this exceptional opportunity-call today to book your private showing!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 920 sq ft
- Parking
- 1
- Year built
- 2018
- Property tax
- $2,395 / yr
- Strata fee
- $430 / mo ($0.47 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 80
- MLS®
- R3148164
Features
- Elevator
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- All
Floor plans
Found among the listing photos.
Monthly cost
$5,200/mo
Mortgage $4,570 · Tax $200 · Strata $430
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
- $2,364/mo
- After all costs
- −$3,060/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $4,570 · tax $200 · strata $430 · 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
VancouverGoogle Maps ↗
Schools
Catchment schools, Vancouver School Board
- Elementary Norma Rose Point Elementaryhomes in this catchment
1.2 km away · 5488 Ortona Ave, Vancouver · 604-713-5950
- Secondary University Hill Secondaryhomes in this catchment
500 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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