Property Type: TownhouseOwnership: Strata

1038 PARK DRIVE

Vancouver, BC V6P0H9

$1,498,000

3 bed3 bath2 parking1,612 sqftBuilt 2019
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Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$535/mo
Annual property tax
$5,700.2 (2025)

Interior

Basement
Full, Unknown, Unknown
Heating
Heat Pump, Radiant heat, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
None

Parking

Total spaces
2

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®
R3143812
Listed
July 7, 2026
Time on market
On the market for 55 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX City Realty · Data source: CREA DDF.

Description

Over $200k under assessment! Inside unit with basement! Over 1600 sqft interior, 3 bed and 2.5 bath townhouse with a flex room, TWO parking spots, PLUS a storage locker. RARE gem that won't last long. Diagonally across the street from the brand new $91 million Marpole Oakridge Community Centre, opening in 2026! School catchment: David L. George Elementary & Churchill Secondary. Heatpump air conditioning to keep you cool in the summer and warm in the winter, gas cooking stove top for real cooking. Inside unit tucked away from the traffic yet convenient to commute from. Patio space at the front and the back, along with a generously sized patio outside the master bedroom. Basement opens directly to your side by side parking spots. A storage locker too! (id:63159)

Values & Trends

This listing

$929/sqft

Building average

No other active listings in this building

Vancouver average

$1,063/sqft

422 active listing(s)

Parking: 2 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.

Townhouse Market Stats — Vancouver

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

MLS® HPI Benchmark Price

$1,197,900

Jul 2026

Average Sale Price

$1,194,276

Jul 2026

Monthly Sales

73

Jul 2026

Active Listings

492

Jul 2026

Sales-to-Active Ratio

15.0%

Jul 2026

Median Days to Contract

15 days

Jul 2026

MLS® HPI Benchmark Price

$1,371,500
$1,178,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

17°C

Clear

Humidity 100%

Wind WNW 13 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

26

4/9 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
Sir Wilfrid Laurier ElementaryElementary594 m
David Lloyd George ElementaryElementary619 m
Oakridge Montessori Children's Learning(Independent)Elementary730 m
Sir Winston Churchill SecondaryElementary763 m
Tamim Academy of Vancouver(Independent)Elementary/Middle794 m
des ColibrisElementary900 m
St Anthony of Padua(Independent)Elementary1.2 km
Vancouver Montessori School(Independent)Elementary1.3 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
Southbound Oak St @ Park Dr50 m
Northbound Oak St @ Park Dr66 m
Southbound Oak St @ W 59 Ave290 m
Northbound Oak St @ W 59 Ave361 m
Southbound Oak St @ W 67 Ave431 m

Nearby Places

Restaurants (5+)

  • Rollzzy · 8265 Oak Street375 m
  • Daisho Sushi and Ramen · 8269 Oak Street380 m
  • Chuan Yue · Oak Street434 m
  • Lu Rou Fan Tasty · 8335 Oak Street440 m
  • Snackshot · 7980 Granville Street695 m

Cafes (3)

  • Krepa Cafe · 8030 Granville Street719 m
  • Bubble Bear Cafe · 8051 Granville Street752 m
  • Butterfly Tea & Dessert · 8079 Granville Street759 m

Parks (1)

  • Oak Park192 m

Banks & ATMs (2)

  • Primerica · 7932 Granville Street694 m
  • TD Canada Trust · 8005 Granville Street751 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($124,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,198,400.00
Periodic payment — Principal & Interest (monthly)$7,731.67
Additional monthly expenses (strata, tax, utilities, etc.)$1,091.24
Total monthly cost$8,822.91
Interest paid over 5-yr term$343,464.88
Balance at end of term$1,077,964.68

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$124,800
Stress test qualifying rate8.09%
Payment you must qualify for$10,559.43

Cash Needed at Closing

Minimum down payment$124,800
Estimated BC PTT$27,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$154,260

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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