Property Type: Condo / ApartmentOwnership: Strata

406 2226 W 12TH AVENUE

Vancouver, BC V6K2N5

$1,198,000

2 bed2 bath1 parking1,101 sqftBuilt 2003
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$660/mo
Annual property tax
$3,897.84 (2025)

Interior

Heating
Baseboard heaters, Electric
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3148003
Listed
July 20, 2026
Time on market
On the market for 42 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Interlink Realty · Data source: CREA DDF.

Description

Exceptional south-facing corner penthouse at DESEO in the heart of Arbutus Walk. This bright 2-bedroom + den residence features 10' ceilings, an open-concept layout, a cozy gas fireplace, granite countertops, and stainless steel appliances. Enjoy an unbeatable West Side lifestyle just steps to Connaught Park, Kitsilano Community Centre, shops, cafes, restaurants, and transit, with Kits Beach, Granville Island, and Downtown only minutes away. A rare opportunity in one of Kitsilano's most sought-after communities.The nearby Broadway Subway enhances long-term connectivity with rapid transit to Downtown and beyond. (id:63159)

Values & Trends

This listing

$1,088/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

56

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
Fraser Academy(Independent)K-12222 m
St. John's School(Independent)K-12241 m
Madrona School(Independent)Elementary/Middle371 m
St Augustine's(Independent)Elementary523 m
Lord Tennyson ElementaryElementary551 m
Kitsilano SecondaryElementary558 m
Pear Tree School(Independent)Elementary/Middle781 m
General Gordon ElementaryElementary1.2 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 Ave220 m
Eastbound W 12th Ave @ Arbutus St298 m
Eastbound W Broadway @ Vine St342 m
Eastbound W Broadway @ Yew St344 m
Westbound W Broadway @ Yew St353 m

Nearby Places

Restaurants (5+)

  • Indishspensable224 m
  • Coquette261 m
  • Trees Organic · 2655 Arbutus Street277 m
  • Lunch Club · 3008 Arbutus Street312 m
  • Yagoto Sushi Dining · 2180 West Broadway340 m

Cafes (5+)

  • Sweet Barrel Creamery · 2729 Arbutus Street233 m
  • IGA Bistro · West Broadway336 m
  • Evelyn's Coffee and Grill · 2176 West Broadway342 m
  • Platform 7 · 2300 West Broadway348 m
  • Virtue Natural Bakery · 2245 West Broadway361 m

Grocery (4)

  • IGA · 2286 West Broadway329 m
  • Loblaws402 m
  • Greens Organic and Natural Market552 m
  • Choices Market · 2627 West 16th Avenue764 m

Parks (4)

  • Arbutus Greenway Park136 m
  • Rosemary Brown Park141 m
  • Connaught Park317 m
  • Delamont Park · 2091 West 7th Avenue653 m

Gyms (5+)

  • Fitness World · 2150 West Broadway361 m
  • Casa Copal Yoga & Wellness · 2291 West Broadway379 m
  • Kitsilano Community Centre423 m
  • Better Bodies · 2060 West Broadway464 m
  • Level Up · 1941 West Broadway624 m

Pharmacies (3)

  • London Drugs · 2230 West Broadway321 m
  • MacDonald's Prescriptions · 2188 West Broadway334 m
  • Pharmasave · 2025 West Broadway513 m

Banks & ATMs (1)

  • Beem Credit Union · 2212 West Broadway330 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($94,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$958,400.00
Periodic payment — Principal & Interest (monthly)$6,183.27
Additional monthly expenses (strata, tax, utilities, etc.)$1,039.95
Total monthly cost$7,223.22
Interest paid over 5-yr term$274,680.19
Balance at end of term$862,083.90

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$94,800
Stress test qualifying rate8.09%
Payment you must qualify for$8,483.22

Cash Needed at Closing

Minimum down payment$94,800
Estimated BC PTT$21,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,260

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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