Property Type: Condo / ApartmentOwnership: Strata

207 3638 RAE AVENUE

Vancouver, BC V5R2P5

$599,000

2 bed2 bath1 parking815 sqftBuilt 1993
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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
$492/mo
Annual property tax
$1,809.8 (2026)

Interior

Heating
Baseboard heaters, Electric
Fireplace
Yes (1)
Appliances
All

Exterior & Lot

Lot features
Central location, Elevator

Building

Parcel ID (PID)
018-452-345

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®
R3151863
Listed
August 4, 2026
Time on market
On the market for 27 days
Tax assessment year
2026
Data last synced
August 30, 2026

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

Description

Bright, spacious & freshly painted 815 sq.ft. 2 bed, 2 bath home tucked away on the quiet side of the building. This beautifully maintained home features durable laminate flooring throughout and a thoughtful layout with a spacious primary bedroom offering a walk-in closet & ensuite. Large windows fill the home with natural light, while the covered balcony is perfect for year round enjoyment. Well managed building with a gym, sauna, meeting room & bike cage. Just a short walk to Joyce SkyTrain, Central Park, restaurants & everyday shopping, with Metrotown, Crystal Mall & Burnaby just minutes away. Complete with 1 parking & 1 large locker, this is an incredible opportunity for first time buyers. Open House Sat, August 29, 1pm - 2pm (id:63159)

Values & Trends

This listing

$735/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

48

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
Collingwood Neighbourhood SchoolElementary511 m
St Mary's(Independent)Elementary628 m
École Inman ElementaryElementary649 m
Graham Bruce Community ElementaryElementary652 m
Dr H N Maccorkindale ElementaryElementary999 m
Sir Wilfred Grenfell CommunityElementary1.0 km
Cascade Heights ElementaryElementary1.1 km
Chaffey-Burke ElementaryElementary1.5 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 Boundary Rd @ Burke St118 m
Eastbound Burke St @ Boundary Rd181 m
Eastbound Vanness Ave @ Melbourne St188 m
Westbound Vanness Ave @ Boundary Rd203 m
Northbound Boundary Rd @ Vanness Ave210 m

Nearby Places

Restaurants (5+)

  • Blue Coast Japanese Seafood Cuisine · 3670 Vanness Avenue212 m
  • Ban Bu Xian Szechuan Cuisine · 3665 Kingsway429 m
  • Michi Craft Kitchen · 3665 Kingsway443 m
  • Canffle · 3581 Kingsway474 m
  • Icy Bar · 3618 Kingsway493 m

Cafes (5+)

  • Starbucks450 m
  • Sharetea · 3619 Kingsway452 m
  • Jack's Spot · 3615 Kingsway453 m
  • Snackshot · 3595 Kingsway457 m
  • CoCo Fresh Tea & Juice · 5066 Joyce Street495 m

Grocery (5+)

  • Africana General Market · 3543 Kingsway497 m
  • Kay Market · 5169 Joyce Street546 m
  • Desi Bazaar · 5757 Battison Street685 m
  • Consumers Produce · 3388 Kingsway732 m
  • Safeway · 3410 Kingsway746 m

Parks (5+)

  • Aberdeen Park · 3525 Foster Avenue239 m
  • Melbourne Park · 3530 Vanness Avenue273 m
  • Foster Park · 5501 Aberdeen Street366 m
  • Price Park · 3650 Price Street408 m
  • Gaston Park · 3470 Crowley Drive427 m

Gyms (3)

  • Orijin Yoga · 3665 Kingsway420 m
  • Odokan Karate · 3465 Kingsway612 m
  • Wu-Yi Tae Kwon Do · 3435 Kingsway652 m

Pharmacies (5+)

  • Wellness Pharmacy516 m
  • Supersave Pharmacy · 3443 Kingsway646 m
  • Central Park Pharmacy · 3963 Kingsway727 m
  • Enhance RX · 3965 Kingsway729 m
  • Unicare Pharmacy · 3325 Kingsway762 m

Banks & ATMs (5+)

  • Community Savings494 m
  • Bitcoin ATM Localcoin · 3527 Kingsway519 m
  • Bitcoin ATM Coinsite · 3497 Kingsway566 m
  • TD · 3399 Kingsway676 m
  • Unnamed683 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,200.00
Periodic payment — Principal & Interest (monthly)$3,091.64
Additional monthly expenses (strata, tax, utilities, etc.)$683.53
Total monthly cost$3,775.16
Interest paid over 5-yr term$137,340.10
Balance at end of term$431,041.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,337.73

Cash Needed at Closing

Minimum down payment$34,900
Estimated BC PTT$9,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,380

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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