Property Type: Condo / ApartmentOwnership: Strata

507 8588 CORNISH STREET

Vancouver, BC V6P0C1

$1,168,000

3 bed2 bath2 parking1,318 sqftBuilt 2014
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Amenities

Gym

Also listed: Recreation Centre, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$988/mo
Annual property tax
$3,545.47 (2025)

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
None

Parking

Total spaces
2 — uncovered indicated
Features
Underground

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®
R3116076
Listed
April 27, 2026
Time on market
On the market for 126 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Luxury living at Cornish Estate by Westbank! This rare and spacious 1,318 sqft corner unit offers 3 bedrooms + den (den can be 4th bedroom), featuring a bright and functional layout filled with natural light. Open-concept kitchen with premium Miele appliances, walnut flooring, and A/C throughout. Enjoy a large balcony ideal for outdoor living. Thoughtful floorplan with excellent bedroom separation. Comes with 2 side-by-side parking stalls. Resort-style amenities include concierge, gym, lounge, study rooms, sauna, theatre & rooftop garden. Located in the McKechnie Elementary & Magee Secondary catchment, close to Richmond, YVR, UBC, transit, shops & restaurants. Don´t miss this exceptional home-call today to book your private showing! (id:63159)

Values & Trends

This listing

$886/sqft

Building average

$929/sqft

3 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

Mainly Clear

15°C

Mainly Clear

Humidity 100%

Wind ESE 13 km/h

Today

20°

Tonight

15°

Wednesday

17°

Wednesday night

14°

Thursday

18°

Thursday night

13°

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

70

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
Vancouver Montessori School(Independent)Elementary250 m
David Lloyd George ElementaryElementary421 m
St Anthony of Padua(Independent)Elementary592 m
Tamim Academy of Vancouver(Independent)Elementary/Middle736 m
Dr R E McKechnie ElementaryElementary1.3 km
Sir Wilfrid Laurier ElementaryElementary1.6 km
des ColibrisElementary1.6 km
Oakridge Montessori Children's Learning(Independent)Elementary1.7 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 Granville St @ W 70 Ave99 m
Southbound Granville St @ W 70 Ave108 m
Southbound Granville St @ W 68 Ave173 m
Northbound Granville St @ W 71 Ave182 m
Eastbound W 70 Ave @ French St212 m

Nearby Places

Restaurants (5+)

  • Megumi Sushi · 8550 Granville Street107 m
  • Bann Thai · 8542 Granville Street109 m
  • Pinyuexuan · 8532 Granville Street114 m
  • Solo Pasta · 8620 Granville Street137 m
  • T-Bay Bistro · 8636 Granville Street140 m

Cafes (5+)

  • East Café in Marpole (formerly Gigi Blin) · 1400 West 70th Avenue282 m
  • Butterfly Tea & Dessert · 8079 Granville Street413 m
  • Bubble Bear Cafe · 8051 Granville Street437 m
  • Krepa Cafe · 8030 Granville Street452 m
  • Ho Yuen Cafe · 1750 West 75th Avenue508 m

Grocery (2)

  • Safeway · 8475 Granville Street79 m
  • Granville Yummy Market · 8462 Granville Street158 m

Parks (5+)

  • William Mackie Park · 1592 West 71st Avenue242 m
  • Marpole Park440 m
  • Riverview Park561 m
  • Fraser River Park687 m
  • Shannon Park739 m

Gyms (2)

  • Oxygen Yoga & Fitness · 8578 Cornish Street18 m
  • Dragon Fit · 1468 Southwest Marine Drive508 m

Pharmacies (2)

  • Boomer Drugs105 m
  • Raindrop Pharmacy · 1200 West 73rd Avenue764 m

Banks & ATMs (5+)

  • RBC Royal Bank · 8585 Granville Street61 m
  • CIBC · 8450 Granville Street167 m
  • Scotiabank216 m
  • BMO · 8324 Granville Street232 m
  • TD Canada Trust · 8005 Granville Street462 m

Nearby places data: © OpenStreetMap contributors.

School district: Vancouver (SD39)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($91,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$934,400.00
Periodic payment — Principal & Interest (monthly)$6,028.43
Additional monthly expenses (strata, tax, utilities, etc.)$1,349.30
Total monthly cost$7,377.73
Interest paid over 5-yr term$267,801.73
Balance at end of term$840,495.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$91,800
Stress test qualifying rate8.09%
Payment you must qualify for$8,275.60

Cash Needed at Closing

Minimum down payment$91,800
Estimated BC PTT$21,360
Legal / closing costs (typical estimate)$1,500
Total cash needed$114,660

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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