Property Type: Condo / ApartmentOwnership: Strata

403 2888 ARBUTUS STREET

Vancouver, BC V6J0J1

$1,450,000

2 bed2 bath1 parking820 sqftBuilt 2025
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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
$736/mo
Annual property tax
$0 (2025)

Interior

Heating
Heat Pump, Radiant heat
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
View

Building

Parcel ID (PID)
032-514-841

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Listing Information

MLS®
R3131980
Listed
June 4, 2026
Time on market
On the market for 89 days
Tax assessment year
2025
Data last synced
August 31, 2026

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

Description

Experience the pinnacle of penthouse living at THE ARBUTUS-a concrete masterpiece in prime Kitsilano by NSDA Architects & Christina Oberti. This spectacular top-floor Penthouse features 820 SQFT of refined interior elegance, seamlessly expanding into a massive 680 SQFT private rooftop terrace. Enjoy an unparalleled indoor-outdoor lifestyle with ample space for grand lounging, dining, and panoramic sky vistas. The gourmet kitchen boasts premium Italian Scavolini cabinetry, quartz counters, a marble backsplash, and full Miele integrated appliances with a gas cooktop. The spa-inspired bath offers Nuheat floor warming and Kohler fixtures. Includes secure parking, storage, and a 2-5-10 warranty. Steps to West 4th shopping, cafés, beaches, and the future Broadway SkyTrain! (id:63159)

Values & Trends

This listing

$1,768/sqft

Building average

$1,513/sqft

7 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
Madrona School(Independent)Elementary/Middle261 m
Lord Tennyson ElementaryElementary355 m
St. John's School(Independent)K-12357 m
Fraser Academy(Independent)K-12421 m
St Augustine's(Independent)Elementary544 m
Kitsilano SecondaryElementary815 m
Vancouver Alternate SchoolSecondary968 m
Pear Tree School(Independent)Elementary/Middle1.0 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
Southbound Arbutus St @ W 12 Ave51 m
Eastbound W 12th Ave @ Arbutus St82 m
Northbound Arbutus St @ W 16 Ave301 m
Westbound W 12th Ave @ Cypress St309 m
Westbound W 16 Ave @ Arbutus St330 m

Nearby Places

Restaurants (5+)

  • Indishspensable126 m
  • Lunch Club · 3008 Arbutus Street142 m
  • Coquette205 m
  • Trees Organic · 2655 Arbutus Street231 m
  • Ryu Katsu and Ramen bar · 2120 West Broadway374 m

Cafes (5+)

  • Sweet Barrel Creamery · 2729 Arbutus Street150 m
  • Pallet Coffee Roasters · 2002 West Broadway392 m
  • Evelyn's Coffee and Grill · 2176 West Broadway399 m
  • Blenz Coffee · 2502 Maple Street410 m
  • Virtue Natural Bakery · 2245 West Broadway492 m

Grocery (4)

  • Loblaws296 m
  • Greens Organic and Natural Market420 m
  • IGA · 2286 West Broadway492 m
  • La Win Supermarket · 1702 West Broadway754 m

Parks (5+)

  • Arbutus Greenway Park288 m
  • Rosemary Brown Park377 m
  • Connaught Park570 m
  • Delamont Park · 2091 West 7th Avenue634 m
  • Granville Park668 m

Gyms (5+)

  • Better Bodies · 2060 West Broadway382 m
  • Fitness World · 2150 West Broadway384 m
  • Level Up · 1941 West Broadway489 m
  • Casa Copal Yoga & Wellness · 2291 West Broadway531 m
  • Impact Krav Maga & Fitness · 1805 West Broadway631 m

Pharmacies (4)

  • MacDonald's Prescriptions · 2188 West Broadway408 m
  • Pharmasave · 2025 West Broadway426 m
  • London Drugs · 2230 West Broadway456 m
  • Shoppers Drug Mart · 1780 West Broadway681 m

Banks & ATMs (1)

  • Beem Credit Union · 2212 West Broadway432 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($120,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,160,000.00
Periodic payment — Principal & Interest (monthly)$7,483.93
Additional monthly expenses (strata, tax, utilities, etc.)$777.00
Total monthly cost$8,260.93
Interest paid over 5-yr term$332,459.33
Balance at end of term$1,043,423.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$120,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,227.23

Cash Needed at Closing

Minimum down payment$120,000
Estimated BC PTT$27,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$148,500

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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