Property Type: Condo / ApartmentOwnership: StrataNEW LISTING

216 1549 KITCHENER STREET

Vancouver, BC V5L2V8

$499,000

1 bed1 bath1 parking620 sqftBuilt 1977
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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
$415/mo
Annual property tax
$1,694.41 (2026)

Interior

Heating
Hot Water
Fireplace
None

Exterior & Lot

Lot features
Central location, Private setting, Elevator

Building

Parcel ID (PID)
023-679-956

Parking

Total spaces
1

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®
R3160115
Listed
August 31, 2026
Time on market
Listed today
Tax assessment year
2026
Data last synced
September 1, 2026

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

Description

Main floor, one bedroom apartment in the "Dharma". On the main floor but not garden level. This open plan was renovated a few years ago. Facing north with a balcony it is nice and quiet! The building recently had a major replacement of the waterproof membrane for the underground parking and a new roof. Just steps to all the great restaurants and shops on Commercial Drive. Public transportation and bike routes are nearby. You can get downtown in 10 minutes! Skytrain is close too! Super friendly and pet friendly building. Very easy to show and quick possession possible. (id:63159)

Values & Trends

This listing

$805/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

Mostly Cloudy

18°C

Mostly Cloudy

Humidity 93%

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

63

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
Britannia Community ElementaryElementary231 m
Britannia Community SecondarySecondary264 m
Queen Victoria AnnexElementary719 m
Grandview ¿uuqinak’uuh ElementaryElementary722 m
St Francis of Assisi(Independent)Elementary730 m
Admiral Seymour ElementaryElementary889 m
Lord Nelson ElementaryElementary964 m
Templeton SecondarySecondary1.1 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 @ Kitchener St219 m
Northbound Commercial Dr @ Grant St244 m
Northbound Commercial Dr @ Charles St244 m
Southbound Commercial Dr @ William St248 m
Southbound Commercial Dr @ Graveley St326 m

Nearby Places

Restaurants (5+)

  • Livia Forno e Vino · 1399 Commercial Drive202 m
  • Cafe Phin Phap · 1403 Commercial Drive205 m
  • Aunt Jen's Pizzeria · 1417 Commercial Drive213 m
  • Beeryani Indian Kitchen · 1431 Commercial Drive214 m
  • Ginger Sushi · 1437 Commercial Drive218 m

Cafes (5+)

  • Cafe Du Soleil · 1393 Commercial Drive201 m
  • Caffè Soccavo · 1321 Commercial Drive201 m
  • Turk's · 1276 Commercial Drive244 m
  • Tim Hortons331 m
  • Moja Coffee · 1102 Commercial Drive341 m

Grocery (5+)

  • Santa Barbara Market · 1316 Commercial Drive231 m
  • Sweet Cherubim · 1109 Commercial Drive310 m
  • Vancouver Fresh Mart341 m
  • Choices Market · 1045 Commercial Drive349 m
  • Triple A Market · 1626 Commercial Drive357 m

Parks (5+)

  • Mosaic Creek Park · 1475 Charles Street149 m
  • Grandview Park · 1255 Commercial Drive183 m
  • Alice Townley Park · 1775 Woodland Drive408 m
  • Victoria Park · 1425 Victoria Drive434 m
  • Salsbury Park · 1806 Adanac Street628 m

Shopping (1)

  • Il Mercato · 1641 East 1st Avenue313 m

Gyms (5+)

  • Gym D264 m
  • Arc Studio Space · 1707 Grant Street271 m
  • Open Door Yoga · 1651 Commercial Drive311 m
  • Gym C368 m
  • Axé Capoeira Britannia Community Centre · 1661 Napier Street374 m

Pharmacies (5+)

  • Pharmasave · 1308 Commercial Drive235 m
  • Shoppers Simply Pharmacy · 1517 Commercial Drive252 m
  • The Drive Pharmacy · 1684 Commercial Drive372 m
  • Robin's Pharmacy · 908 Commercial Drive504 m
  • PharmaPlus Rx · 2021 Commercial Drive694 m

Banks & ATMs (4)

  • Bitcoin ATM Localcoin · 1472 Commercial Drive257 m
  • Vancity · 1675 East 1st Avenue356 m
  • RBC · 1715 Commercial Drive397 m
  • Instacoin ATM607 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,200.00
Periodic payment — Principal & Interest (monthly)$2,575.50
Additional monthly expenses (strata, tax, utilities, etc.)$587.32
Total monthly cost$3,162.82
Interest paid over 5-yr term$114,411.87
Balance at end of term$359,081.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,645.28

Cash Needed at Closing

Minimum down payment$24,950
Estimated BC PTT$7,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,430

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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