Property Type: Condo / ApartmentOwnership: Strata

203 1611 E 3RD AVENUE

Vancouver, BC V5N1H1

$449,000

1 bed1 bath1 parking658 sqftBuilt 1975
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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
$489/mo
Annual property tax
$1,635.53 (2025)

Interior

Basement
Unfinished, Unknown, Unknown
Heating
Baseboard heaters, Hot Water
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®
R3135868
Listed
June 15, 2026
Time on market
On the market for 77 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage Elite West · Data source: CREA DDF.

Description

VILLA VERDE - Renovated 658 sq/ft one bedroom condo updated in 2018 with new Kitchen & Bathroom, engineered hardwood flooring, stainless steel appliances, maple cabinets, quartz countertops and tile backsplash. Building updates include: High efficiency furnace & Fire Panel (2015), Roof (2011), plumbing and boiler (2008). Good building with a low monthly strata fee that includes Heat and Hot Water. 1 dog of any size or 1 cat allowed. One parking and one storage locker included. Fantastic location just off of Commercial Drive is within easy walking distance of transit, shopping and restaurants. (id:63159)

Values & Trends

This listing

$682/sqft

Building average

No other active listings in this building

Vancouver average

$1,095/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

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

78

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
Grandview ¿uuqinak’uuh ElementaryElementary306 m
Queen Victoria AnnexElementary345 m
Britannia Community ElementaryElementary726 m
Queen Alexandra ElementaryElementary766 m
Britannia Community SecondarySecondary783 m
Lord Nelson ElementaryElementary1.0 km
Laura Secord ElementaryElementary1.0 km
St Francis of Assisi(Independent)Elementary1.1 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 Commercial Dr @ E 3rd Ave109 m
Northbound Commercial Dr @ E 3rd Ave127 m
Northbound Commercial Dr @ E 1st Ave261 m
Southbound Commercial Dr @ Graveley St283 m
Northbound Commercial Dr @ E 6th Ave306 m

Nearby Places

Restaurants (5+)

  • Belgian Fries · 1885 Commercial Drive99 m
  • Erbil Restaurant · 1861 Commercial Drive102 m
  • Delhi Fusion Indian Cuisine · 1859 Commercial Drive103 m
  • Skewers Souvlaki Pita Bar · 1851 Commercial Drive106 m
  • Riddim & Spice · 1945 Commercial Drive108 m

Cafes (5+)

  • Giancarlo Cafe · 1865 Commercial Drive101 m
  • il Mondo Cafe & Gelato · 1858 Commercial Drive132 m
  • Cafe Calabria · 1745 Commercial Drive150 m
  • Prado Cafe · 1938 Commercial Drive152 m
  • Continental Coffee · 1806 Commercial Drive153 m

Grocery (5+)

  • First Ravioli Store · 1900 Commercial Drive135 m
  • Mediterranean Specialty Foods · 1824 Commercial Drive139 m
  • Vancouver Fresh Mart221 m
  • Triple A Market · 1626 Commercial Drive273 m
  • Santa Barbara Market · 1316 Commercial Drive551 m

Parks (5+)

  • Alice Townley Park · 1775 Woodland Drive237 m
  • McSpadden Park · 2125 Victoria Drive376 m
  • Victoria Park · 1425 Victoria Drive540 m
  • W.C. Shelley Park · 1500 East 8th Avenue549 m
  • Grandview Park · 1255 Commercial Drive630 m

Shopping (1)

  • Il Mercato · 1641 East 1st Avenue254 m

Gyms (3)

  • Open Door Yoga · 1651 Commercial Drive290 m
  • Arc Studio Space · 1707 Grant Street426 m
  • Gym D734 m

Pharmacies (5+)

  • PharmaPlus Rx · 2021 Commercial Drive179 m
  • The Drive Pharmacy · 1684 Commercial Drive256 m
  • Shoppers Simply Pharmacy · 1517 Commercial Drive374 m
  • Pharmasave · 1308 Commercial Drive576 m
  • Shoppers Drug Mart · 1755 East Broadway612 m

Banks & ATMs (5+)

  • Instacoin ATM115 m
  • RBC · 1715 Commercial Drive182 m
  • Vancity · 1675 East 1st Avenue236 m
  • Community Savings Credit Union · 2248 Commercial Drive382 m
  • Bitcoin ATM Localcoin · 1472 Commercial Drive415 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$359,200.00
Periodic payment — Principal & Interest (monthly)$2,317.44
Additional monthly expenses (strata, tax, utilities, etc.)$658.10
Total monthly cost$2,975.54
Interest paid over 5-yr term$102,947.75
Balance at end of term$323,101.56

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,450
Stress test qualifying rate8.09%
Payment you must qualify for$3,280.02

Cash Needed at Closing

Minimum down payment$22,450
Estimated BC PTT$6,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,930

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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