Property Type: Condo / ApartmentOwnership: Strata

502 6080 IONA DRIVE

Vancouver, BC V6T0A4

$2,080,000

2 bed4 bath2 parking1,943 sqftBuilt 2008
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Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$1,141/mo
Annual property tax
$4,333.8 (2024)

Interior

Heating
Combination
Fireplace
None

Exterior & Lot

View
View

Parking

Total spaces
2 — uncovered indicated
Features
Other

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®
R3157854
Listed
August 21, 2026
Time on market
On the market for 10 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Dracco Pacific Realty · Data source: CREA DDF.

Description

Rarely found 3 bedroom + 4 bathroom in a concrete building with stunning ocean views! Near 2000 square feet indoor living space, 3 unsuited spacious bedroom. Located in the heart of UBC on Iona Drive, walking distance to major academic buildings, Student Union, libraries, and retail and restaurants. (id:63159)

Values & Trends

This listing

$1,071/sqft

Building average

$1,425/sqft

2 active listing(s)

Vancouver average

$1,094/sqft

2087 active listing(s)

Parking: 2 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

17°C

Clear

Humidity 100%

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

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
Eaton Arrowsmith School (Vancouver) Ltd(Independent)Elementary/Middle848 m
University Hill ElementaryElementary1.2 km
Norma Rose Point Elementary JuniorElementary1.8 km
University Hill SecondarySecondary2.1 km
Queen Mary ElementaryElementary3.5 km
West Point Grey Academy(Independent)K-123.8 km
Pacific Spirit School(Independent)K-123.9 km
Our Lady of Perpetual Help(Independent)Elementary4.2 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
Eastbound NW Marine Dr @ East Mall146 m
Westbound NW Marine Dr @ Cecil Green Park Rd209 m
Southbound Wesbrook Mall @ Iona Dr336 m
UBC Exchange @ Bay 3475 m
Eastbound NW Marine Dr @ West Mall477 m

Nearby Places

Restaurants (5+)

  • Sage Bistro349 m
  • Honour Roll443 m
  • Grand Noodle Emporium447 m
  • El Cartel · 6133 University Boulevard459 m
  • Kyros Kitchen · 6133 University Boulevard475 m

Cafes (5+)

  • Great Dane Coffee · 6011 Walter Gage Road143 m
  • Tim Hortons · 5965 Student Union Boulevard286 m
  • Sprouts356 m
  • Ike's Café364 m
  • Starbucks415 m

Grocery (3)

  • International News Market485 m
  • Grocery Checkout525 m
  • Harvest764 m

Parks (5+)

  • Unnamed199 m
  • Rose Garden314 m
  • Unnamed378 m
  • Stephen Toope Gardens · 1950 Main Mall391 m
  • Unnamed564 m

Gyms (2)

  • UBC Bird Coop349 m
  • The ARC375 m

Pharmacies (1)

  • Shoppers Drug Mart · 5940 University Boulevard703 m

Banks & ATMs (5+)

  • Bitcoin ATM Localcoin · 6133 University Boulevard467 m
  • RBC494 m
  • TD Canada Trust527 m
  • Scotiabank693 m
  • CIBC · 5796 University Boulevard795 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($416,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,664,000.00
Periodic payment — Principal & Interest (monthly)$10,735.56
Additional monthly expenses (strata, tax, utilities, etc.)$1,599.14
Total monthly cost$12,334.70
Interest paid over 5-yr term$476,907.18
Balance at end of term$1,496,773.38

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$416,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,795.58

Cash Needed at Closing

Minimum down payment$416,000
Estimated BC PTT$40,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$457,900

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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