House
$3,380,000
725 W 61ST AVENUE
Vancouver2 days on market
MLS® R3172924
1 / 6
4 bed · 4 bath · 2,045 sq ft · 4 parking
Townhouse · Single Family · built 2021 · 381 days on market
Listed by Angela Chang, Nu Stream Realty Inc.
Realtor's description
Cedar Walk by Polygon gives new meaning to the word "home". Located in a 21-acre masterplanned community known as lelem and just steps from the UBC campus, this 4-bedroom parkside concrete corner townhome offers 9´ ceilings, engineering wood flooring and a long list of designer features. The main bedroom boasts a large walk-in closet, a 5-piece ensuite and a spacious private deck overlooking magnificent trees. Other thoughtful conveniences include Miele and Liebherr appliances in the kitchen, a laundry room and a side-by-side double private garage with storage. Just across the street is a brand new retail plaza with exciting merchants such as Urban Fare, Trees Organic cafe, Pure Pharmacy and more for all your daily needs. School catchment: Norma rose point elementary and U-Hill secondary.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 4
- Bathrooms
- 4
- Living area
- 2,045 sq ft
- Parking
- 4
- Year built
- 2021
- Property tax
- $7,090 / yr
- Strata fee
- $1,010 / mo ($0.49 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 381
- MLS®
- R3050908
Features
- Pets Allowed With Restrictions
- All
- Dishwasher
- Oven - Built-In
Monthly cost
$16,850/mo
Mortgage $15,249 · Tax $591 · Strata $1,010
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
- $2,820/mo
- After all costs
- −$14,430/mo
- Cap rate
- 0.3%
- yearly net rent ÷ price
Costs: mortgage $15,249 · tax $591 · strata $1,010 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ bedroom in 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
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