Property Type: TownhouseOwnership: StrataRECENTLY LISTED

111 2085 E 1ST AVENUE

Vancouver, BC V5N1B6

$1,175,000

3 bed3 bath1 parking1,155 sqftBuilt 2025
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$571/mo
Annual property tax
$4,305.85 (2026)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Parking

Total spaces
1

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®
R3159316
Listed
August 27, 2026
Time on market
On the market for 5 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Link Brokerage Inc. · Data source: CREA DDF.

Description

Developed by Dimex Group, this 3 bedroom, 3 bath with flex, TWO LEVEL, Passive house townhome is brought to you by Lakewood. Nestled in Vancouver's loved and iconic Commercial Dr neighborhood, shopping, restaurants, transit and an abundance of beautiful parks are just steps from your door. Kitchens feature S/S Fisher & Paykel fridge & Bosch appliance package with Quartz countertops and backsplash. Chic and modern design offers flexible spaces that evolve with your family. Passive house construction saves 90% in heating costs while providing the healthiest breathing environment. This home offers a bedroom with a full bath on the main level, perfect for a home office, playroom or guest bedroom. AC is roughed-in with available upgrade. Parking stalls are EV ready. This unit sits off they alley. (id:63159)

Values & Trends

This listing

$1,017/sqft

Building average

$917/sqft

1 active listing(s)

Vancouver average

$1,062/sqft

422 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.

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

41

8/9 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
Lord Nelson ElementaryElementary372 m
Queen Victoria AnnexElementary416 m
St Francis of Assisi(Independent)Elementary819 m
Britannia Community ElementaryElementary833 m
Chief Maquinna ElementaryElementary852 m
Laura Secord ElementaryElementary895 m
Britannia Community SecondarySecondary927 m
Templeton SecondarySecondary958 m

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 Nanaimo St @ E 1st Ave404 m
Northbound Nanaimo St @ E 1st Ave419 m
Northbound Nanaimo St @ E 4th Ave521 m
Northbound Commercial Dr @ E 1st Ave532 m
Southbound Commercial Dr @ Graveley St552 m

Nearby Places

Restaurants (5+)

  • Song Huong · Nanaimo Street389 m
  • Folietta · 1480 Nanaimo Street471 m
  • Via Tevere · 1190 Victoria Drive516 m
  • La Mezcaleria · 1622 Commercial Drive527 m
  • Loula's Taverna + Bar · 1608 Commercial Drive529 m

Cafes (5+)

  • Mah Milk Bar · 1502 Victoria Drive290 m
  • To Live For · 1508 Nanaimo Street457 m
  • Nasa Bakery & Cafe · 1678 Commercial Drive528 m
  • Continental Coffee · 1806 Commercial Drive542 m
  • Tim Hortons560 m

Grocery (5+)

  • Triple A Market · 1626 Commercial Drive527 m
  • Mediterranean Specialty Foods · 1824 Commercial Drive552 m
  • First Ravioli Store · 1900 Commercial Drive574 m
  • Vancouver Fresh Mart596 m
  • Santa Barbara Market · 1316 Commercial Drive613 m

Parks (4)

  • Garden Park · 1851 Garden Drive292 m
  • Victoria Park · 1425 Victoria Drive392 m
  • McSpadden Park · 2125 Victoria Drive512 m
  • Grandview Park · 1255 Commercial Drive736 m

Shopping (1)

  • Il Mercato · 1641 East 1st Avenue596 m

Gyms (3)

  • Arc Studio Space · 1707 Grant Street541 m
  • Open Door Yoga · 1651 Commercial Drive562 m
  • Gym D794 m

Pharmacies (4)

  • The Drive Pharmacy · 1684 Commercial Drive527 m
  • Shoppers Simply Pharmacy · 1517 Commercial Drive574 m
  • Pharmasave · 1308 Commercial Drive627 m
  • PharmaPlus Rx · 2021 Commercial Drive671 m

Banks & ATMs (5+)

  • Bitcoin ATM Localcoin · 1472 Commercial Drive557 m
  • Vancity · 1675 East 1st Avenue561 m
  • RBC · 1715 Commercial Drive576 m
  • Instacoin ATM621 m
  • Community Savings Credit Union · 2248 Commercial Drive779 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Other Listings in This Building

Other units currently listed in the same building. 111 2085 E 1ST AVENUE

View building profile →
Built 2025

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($92,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$940,000.00
Periodic payment — Principal & Interest (monthly)$6,064.56
Additional monthly expenses (strata, tax, utilities, etc.)$987.91
Total monthly cost$7,052.47
Interest paid over 5-yr term$269,406.70
Balance at end of term$845,533.04

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$92,500
Stress test qualifying rate8.09%
Payment you must qualify for$8,324.05

Cash Needed at Closing

Minimum down payment$92,500
Estimated BC PTT$21,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$115,500

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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