Property Type: TownhouseOwnership: StrataNEW LISTING

2866 SOTAO AVENUE

Vancouver, BC V5S4V1

$974,888

3 bed3 bath1 parking1,441 sqftBuilt 1997
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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
$512/mo
Annual property tax
$3,202.47 (2025)

Interior

Heating
Heat Pump, Forced air, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
None
Appliances
All

Exterior & Lot

Lot features
Treed

Building

Security
Smoke Detectors
Parcel ID (PID)
023-783-117

Parking

Total spaces
1 — covered indicated
Features
Garage

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®
R3159107
Listed
August 27, 2026
Time on market
On the market for 4 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.

Description

Enjoy the best of West Coast Living with Riverfront Park, waterfront trails, cycling paths, and green space steps away. Shops, schools, restaurants, and transit are close by. This FREEHOLD spacious townhome includes 3 Bedrooms, 3 FULL Bathrooms, and a Bonus Den/Office/Gym/Guest space. Stay cool and warm with A/C and forced-air heating. HEAT PUMP. Updated Laminate Flooring, Quartz Countertops, updated kitchen and bathrooms and an attached garage with space for your outdoor gear. Relax on the Patio while you BBQ and enjoy the outdoors. Located on the quiet side of the complex. Yes, pets are allowed-Open House Sunday, Aug 30th from 2 pm to 4 pm. (id:63159)

Values & Trends

This listing

$677/sqft

Building average

No other active listings in this building

Vancouver average

$1,063/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

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

19

2/9 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
David Oppenheimer ElementaryElementary983 m
Anne-HebertElementary1.3 km
Champlain Heights AnnexElementary1.5 km
Captain James Cook ElementaryElementary1.6 km
Sir Charles Kingsford-SmithElementary1.7 km
Qawsain Knowledge House(Independent)Elementary/Middle1.9 km
Sir James Douglas ElementaryElementary2.0 km
Sir James Douglas AnnexElementary2.0 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
Westbound SE Marine Dr @ Jellicoe St91 m
Eastbound SE Marine Dr @ Jellicoe St137 m
Eastbound SE Marine Dr @ 2600 Block320 m
Westbound SE Marine Dr @ Kerr St454 m
Eastbound SE Marine Dr @ Elliott St525 m

Nearby Places

Restaurants (1)

  • Romers Burger Bar · 8683 Kerr Street478 m

Parks (5+)

  • Riverfront Park156 m
  • No. 7 Road Pier Park · 15811 River Road529 m
  • East Fraserlands Neighbourhood Park- South681 m
  • East Fraserlands Neighbourhood Park- North688 m
  • Gladstone-Riverside Park · 2500 East Kent Street South793 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($72,489) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$779,910.00
Periodic payment — Principal & Interest (monthly)$5,031.71
Additional monthly expenses (strata, tax, utilities, etc.)$850.57
Total monthly cost$5,882.29
Interest paid over 5-yr term$223,524.45
Balance at end of term$701,531.57

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$72,489
Stress test qualifying rate8.09%
Payment you must qualify for$6,939.13

Cash Needed at Closing

Minimum down payment$72,489
Estimated BC PTT$17,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$91,487

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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