Property Type: Condo / ApartmentOwnership: StrataRECENTLY LISTED

306 2928 COMMERCIAL DRIVE

Vancouver, BC V5N4C9

$699,000

2 bed1 bath1 parking946 sqftBuilt 1991
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Open House

Wednesday, September 2

4:30 PM5:30 PM

Wednesday, September 2

4:30 PM5:30 PM

Wednesday, September 2

4:30 PM5:30 PM

Sunday, September 6

12:00 PM1:00 PM

Sunday, September 6

12:00 PM1:00 PM

Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$374/mo
Annual property tax
$2,028.46 (2026)

Interior

Heating
Baseboard heaters, Electric, Natural gas
Fireplace
Yes (1)

Exterior & Lot

Lot features
Elevator

Building

Parcel ID (PID)
017-424-062

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®
R3159113
Listed
August 26, 2026
Time on market
On the market for 5 days
Tax assessment year
2026
Data last synced
August 31, 2026

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

Description

Introducing Life on the Drive: A thoughtfully updated collection of two bedroom homes situated on Commercial Drive. Inside, modern interiors feature tile & vinyl flooring throughout, complemented by updated kitchens, bathrooms, & in suite laundry. With excellent transit access, including nearby SkyTrain stations and direct routes to Downtown, Commercial Drive offers seamless connectivity. Its enduring popularity is rooted in more than location alone. It is a neighbourhood where people gather, linger, and truly feel at home, making it one of East Vancouver´s most desirable places to live and work.Feel at ease with secured underground parking, dedicated bike storage and secured storage lockers throughout. 2 Parking, 1 Locker. OPEN HOUSES: Wed 4:30 to 5:30pm, Sun 12pm to 1pm. (id:63159)

Values & Trends

This listing

$739/sqft

Building average

$883/sqft

2 active listing(s)

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

59

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
Stratford Hall(Independent)K-1266 m
St Joseph's(Independent)Elementary287 m
Tyee ElementaryElementary615 m
Queen Alexandra ElementaryElementary662 m
Laura Secord ElementaryElementary752 m
Lord Selkirk ElementaryElementary935 m
Grandview ¿uuqinak’uuh ElementaryElementary970 m
Charles Dickens ElementaryElementary1.0 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
Northbound Commercial Dr @ E 14 Ave22 m
Southbound Commercial Dr @ E 14 Ave75 m
Southbound Commercial Dr @ E 12 Ave133 m
Northbound Commercial Dr @ E 12 Ave209 m
Northbound Commercial Dr @ Findlay St385 m

Nearby Places

Restaurants (5+)

  • Gojo Little Africa Cafe · 2838 Commercial Drive118 m
  • Chongqing · 2808 Commercial Drive144 m
  • The Burrow · 2781 Commercial Drive195 m
  • Ay Chihuahua · 2767 Commercial Drive207 m
  • Naruto Sushi · 2763 Commercial Drive213 m

Cafes (5+)

  • Chance Cafe · 3424 Commercial Street477 m
  • Tim Hortons · 2470 Commercial Drive499 m
  • Collective Goods · 3532 Commercial Street562 m
  • Commercial Street Cafe · 3599 Commercial Street616 m
  • JJ Bean · 2206 Commercial Drive764 m

Grocery (1)

  • Safeway · 1780 East Broadway420 m

Parks (5+)

  • MacInnis Park35 m
  • MacInnis Park170 m
  • Clark Park · 1500 East 14th Avenue244 m
  • Gibby's Field551 m
  • Cedar Cottage Park · 2650 Clark Drive594 m

Gyms (3)

  • Trout Lake Community Centre Fitness Centre442 m
  • Axe Capoeira Trout Lake · 3360 Victoria Drive474 m
  • Kinesphere Therapy · 3471 Commercial Street501 m

Pharmacies (5+)

  • Alberto Pharmacy · 2620 Commercial Drive289 m
  • Shoppers Simply Pharmacy361 m
  • Maggie's Pharmacy · 2591 Commercial Drive390 m
  • Safeway423 m
  • Alberto Pharmacy · 2516 Commercial Drive439 m

Banks & ATMs (5+)

  • Bitcoin ATM Coinsite · 2590 Commercial Drive379 m
  • Vancity446 m
  • BMO · 2501 Commercial Drive456 m
  • Scotiabank · 1695 East Broadway495 m
  • Community Savings Credit Union · 2248 Commercial Drive729 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,200.00
Periodic payment — Principal & Interest (monthly)$3,607.77
Additional monthly expenses (strata, tax, utilities, etc.)$589.60
Total monthly cost$4,197.37
Interest paid over 5-yr term$160,268.33
Balance at end of term$503,002.21

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,029.80

Cash Needed at Closing

Minimum down payment$44,900
Estimated BC PTT$11,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,380

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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