Property Type: Condo / ApartmentOwnership: Strata

103 2040 CORNWALL AVENUE

Vancouver, BC V6J1E1

$650,000

1 bed1 bath1 parking641 sqftBuilt 1972
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Amenities

Also listed: Shared Laundry

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$419/mo
Annual property tax
$1,904.75 (2025)

Interior

Heating
Baseboard heaters
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3117925
Listed
April 30, 2026
Time on market
On the market for 123 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty · Data source: CREA DDF.

Description

LOCATION LOCATION LOCATION-THE HEART OF KITS POINT. Situated across from the sands of Kits Beach. This 641 square ft 1 BR spacious garden-level suite features an oversized 214 square ft patio. This outdoor space enhances your seamless summer entertaining. Experience peace of mind in a proactive building with updates, including a roof, elevator, and EV charging. With a 96 Walk Score, you are steps from the Seawall, tennis courts, and vibrant Cornwall dining. Pet and rental friendly with parking and storage included. Your beachside retreat awaits. Don't miss out on this gem. (id:63159)

Values & Trends

This listing

$1,014/sqft

Building average

No other active listings in this building

Vancouver average

$1,094/sqft

2087 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Vancouver

Monthly figures from the Fraser Valley Real Estate Board for Vancouver apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$729,200

Jul 2026

Average Sale Price

$892,419

Jul 2026

Monthly Sales

342

Jul 2026

Active Listings

2,222

Jul 2026

Sales-to-Active Ratio

15.0%

Jul 2026

Median Days to Contract

25 days

Jul 2026

MLS® HPI Benchmark Price

$820,100
$729,200
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

15°C

Clear

Humidity 100%

Wind NW 5 km/h

Tonight

14°

Tuesday

20°

Tuesday night

15°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

662,248

(2021 Census)

+4.9% since 2016

Density: 5,749.7/km²

Dwellings: 328,347

Median household income: $82,000

After-tax: $72,000

Immigrant population: 42.2%

Top countries of origin (% of total population)

  • China9.6% · 63,270
  • Philippines4.5% · 29,925
  • Hong Kong3.8% · 25,485
  • India2.2% · 14,640
  • United Kingdom1.9% · 12,895
  • Viet Nam1.8% · 12,115
  • Taiwan1.5% · 9,865
  • United States of America1.5% · 9,790

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

56

7/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Henry Hudson ElementaryElementary156 m
St Augustine's(Independent)Elementary811 m
Madrona School(Independent)Elementary/Middle1.1 km
St. John's School(Independent)K-121.1 km
Lord Tennyson ElementaryElementary1.1 km
Fraser Academy(Independent)K-121.2 km
Vancouver Alternate SchoolSecondary1.3 km
Pear Tree School(Independent)Elementary/Middle1.4 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Eastbound Cornwall Ave @ Arbutus St83 m
Westbound Cornwall Ave @ Arbutus St141 m
Westbound Cornwall Ave @ Cypress St206 m
Eastbound Cornwall Ave @ Yew St251 m
Eastbound Cornwall Ave @ Cypress St275 m

Nearby Places

Restaurants (5+)

  • Octopus Garden · 1995 Cornwall Avenue102 m
  • Taco Loco · 1965 Cornwall Avenue139 m
  • Charqui Grill · 1955 Cornwall Avenue146 m
  • Unnamed · 1943 Cornwall Avenue176 m
  • Moltan · 1941 Cornwall Avenue181 m

Cafes (5+)

  • Kits Beach Coffee · 1945 Cornwall Avenue171 m
  • Panne Rizo · 1939 Cornwall Avenue187 m
  • Juliet's Cafe · 1905 Cornwall Avenue231 m
  • Starbucks · 1895 Cornwall Avenue262 m
  • KITS Cafe & Eyewear · 1500 Yew Street270 m

Grocery (3)

  • Kitsilano Natural Foods · 2200 York Avenue310 m
  • Whole Foods Market · 2285 West 4th Avenue616 m
  • No Frills · 1688 West 4th Avenue781 m

Parks (5+)

  • Seaforth Peace Park386 m
  • Kitsilano Beach Park547 m
  • Hadden Park671 m
  • Delamont Park · 2091 West 7th Avenue704 m
  • Unnamed785 m

Gyms (5+)

  • Ron Zalko Fitness & Yoga · 1807 West 1st Avenue362 m
  • Yyoga489 m
  • Pure Barre · 1907 West 4th Avenue494 m
  • The Cycle Collective · 2020 Arbutus Street499 m
  • Core Community · 1926 West 4th Avenue517 m

Pharmacies (1)

  • Shoppers Drug Mart · 2302 West 4th Avenue669 m

Banks & ATMs (5+)

  • TD488 m
  • CIBC · 2092 West 4th Avenue489 m
  • Vancity · 2356 West 4th Avenue740 m
  • RBC · 2395 West 4th Avenue760 m
  • BMO · 2388 West 4th Avenue763 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($40,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$520,000.00
Periodic payment — Principal & Interest (monthly)$3,354.86
Additional monthly expenses (strata, tax, utilities, etc.)$609.59
Total monthly cost$3,964.45
Interest paid over 5-yr term$149,033.49
Balance at end of term$467,741.68

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$40,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,690.69

Cash Needed at Closing

Minimum down payment$40,000
Estimated BC PTT$11,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,500

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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