Property Type: Condo / ApartmentOwnership: Strata

206 256 E 2ND AVENUE

Vancouver, BC V5T0A7

$715,000

1 bed1 bath1 parking685 sqftBuilt 2011
Get Directions

Amenities

Gym

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$412/mo
Annual property tax
$2,232.68 (2025)

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
Air Conditioned
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
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®
R3114470
Listed
April 22, 2026
Time on market
On the market for 131 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Team 3000 Realty Ltd. · Data source: CREA DDF.

Description

Welcome to "JACOBSEN", a sought-after address in the heart of vibrant Mount Pleasant.This stylish 1-bedroom + den home showcases modern industrial design with polished concrete floors, soaring ceilings, and a smart, open-concept layout. The contemporary kitchen features high-end appliances, sleek cabinetry, and elegant countertops, perfect for both everyday living and entertaining. The flexible sleeping area is thoughtfully designed with sliding frosted glass panels, offering both privacy and a sophisticated aesthetic. The den provides an ideal space for a home office or additional storage. Just minutes from downtown, SkyTrain, and an array of trendyshops and restaurants, you´ll love the lifestyle this location provides. Open House : June 14 Sun from 2 - 4 PM. (id:63159)

Values & Trends

This listing

$1,044/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

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

52

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
St Francis Xavier(Independent)Elementary395 m
Columbia College(Independent)Secondary545 m
Mount Pleasant ElementaryElementary577 m
St. Patrick Regional Secondary(Independent)Secondary791 m
Florence Nightingale ElementaryElementary959 m
St Patrick's Elementary(Independent)Elementary970 m
šxʷwəq̓ʷəθət Crosstown ElementaryElementary1.3 km
Simon Fraser ElementaryElementary1.4 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 E 2nd Ave @ Lorne St26 m
Southbound Main St @ E 2nd Ave138 m
Northbound Main St @ E 2nd Ave176 m
Northbound Main St @ E 5th Ave189 m
Westbound E 2nd Ave @ Main St195 m

Nearby Places

Restaurants (5+)

  • Mr Sushi174 m
  • Nuba · 146 East 3rd Avenue181 m
  • Zarak · 2102 Main Street227 m
  • ELEM · 2110 Main Street236 m
  • Dear Gus · 2040 Quebec Street273 m

Cafes (5+)

  • Kranky Café · 228 East 4th Avenue112 m
  • Chai Wagon · 196 East 2nd Avenue160 m
  • Sula Cafe · 260 East 5th Avenue207 m
  • Hiyori Coffee · 279 East 6th Avenue279 m
  • Glory Juice · 78 East 2nd Avenue289 m

Grocery (5+)

  • Save-On-Foods · 1688 Salt Street568 m
  • PriceSmart Foods · 288 East Broadway605 m
  • Save-On-Foods · 370 East Broadway665 m
  • Sakuraya Japanese Supermarket · 517 East Broadway776 m
  • Kim's Mart · 519 East Broadway781 m

Parks (5+)

  • Unnamed294 m
  • Main and 7th Park · 2299 Main Street399 m
  • East Park471 m
  • Unnamed481 m
  • Guelph Park514 m

Gyms (5+)

  • Lykopis Archery · 2180 Main Street287 m
  • Raincity Athletics · 333 Terminal Avenue533 m
  • Gracie Barra · 2440 Main Street537 m
  • d.tox spa545 m
  • Pilates Process · 365 East Broadway589 m

Pharmacies (5+)

  • yYoung Medicine Mart243 m
  • Pharmasave · 2140 Main Street263 m
  • Indigo Pharmacy Mid-Main · 2205 Main Street337 m
  • Mt Pleasant Pharmacy · 93 Kingsway559 m
  • London Drugs · 1622 Salt Street594 m

Banks & ATMs (5+)

  • Scotiabank · 1750 Manitoba Street546 m
  • BMO · 103 West 2nd Avenue574 m
  • Unnamed584 m
  • Vancity · 183 Terminal Avenue600 m
  • Bitcoin ATM Localcoin · 1275 Main Street602 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 6.5% ($46,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$572,000.00
Periodic payment — Principal & Interest (monthly)$3,690.35
Additional monthly expenses (strata, tax, utilities, etc.)$632.07
Total monthly cost$4,322.42
Interest paid over 5-yr term$163,936.84
Balance at end of term$514,515.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$46,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,140.53

Cash Needed at Closing

Minimum down payment$46,500
Estimated BC PTT$12,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$60,300

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.

Request more information