Welcome to the heart of Kits Point! First time on the market in over 20 years, this well loved 2 bedroom, 1 bathroom corner home at Walnut Place offers an incredible opportunity in one of Vancouver's most sought after neighbourhoods. This prime ground level suite features a spacious west facing patio with a private gate to Walnut Street, just steps to Kits Beach, Kits Beach Coffee, and the best of West 4th. Garden, entertain, or simply relax in your own outdoor oasis. Inside, the recently updated bathroom features a walk in shower, while the rest of the home is ready for your renovation ideas. A well maintained building and an unbeatable location. Opens Fri 5:30 to 6:30 PM & Sun 2 to 4 PM.
Property details
2
Beds
1 full
Baths
855 ft²
Floor area
1975
Year built
1
Storey
1
Parking
$699/mo
Strata fee
$2,760/yr
Gross tax
Location & structure
Apartment/Condo
Type
None
Basement
Yes
Garage
No
Carport
Vancouver West
Area
Kitsilano
Sub-area
Basement
None
Structure
Multi Family
Property highlights
In-suite laundry
Patio
Private yard
Golf course
Bike storage
Building amenities
Caretaker
Hot water incl.
Features & inclusions
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating
Hot Water
Parking
Underground, Rear Access
Lot
Central Location, Near Golf Course, Marina Nearby, Wooded
Interior features
Elevator
Laundry
In Unit
Community
Shopping Nearby
Additional details
Common interest
Condominium
Levels
One and One Half
Main floor (ground)
855 ft²
Tax year
2025
Listed by TRG The Residential Group Realty. Data from BCRES. Last updated Jul 9, 2026, 5:59 PM.
This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $199,800 down (20%) on $999,000, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Inventory mix
What this area trades in
Within 3 km of this listing · 1,505 listings
Condo / Apartment
1,167
77.5%
Detached
136
9.0%
Townhouse
127
8.4%
Half-duplex
35
2.3%
Duplex
31
2.1%
Other
9
0.6%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Vancouver · 305 dwellings
Low-rise apartment205 · 67.2%
High-rise apartment50 · 16.4%
Semi-detached25 · 8.2%
Single-detached10 · 3.3%
Apartment in duplex10 · 3.3%
Row house5 · 1.6%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59150627· Vancouver· Transit 63/100 (1862m to rapid)· 0.09 km²
Median rent here
$2,320
Owner shelter cost
$1,450
Renters
41.9%
30%+ on shelter
33.9%
Population (2021)
524
Median age
41.6
Avg household size
1.7
Avg household income
$119,000
Renters
41.9%
Owners
58.1%
Immigrants
28.1%
Post-secondary
78.6%
Avg home value
$1,460,000
Single status
37.6%
Not in labour force
21.4%
Households with kids
20.0%
Median rent
$2,320
Owner shelter cost
$1,450
30%+ on shelter
33.9%
Breakdown
Under $5,000
5
1.7%
$10,000 to $14,999
5
1.7%
$20,000 to $24,999
10
3.4%
$25,000 to $29,999
10
3.4%
$30,000 to $34,999
5
1.7%
$35,000 to $39,999
15
5.2%
$40,000 to $44,999
10
3.4%
$45,000 to $49,999
5
1.7%
$50,000 to $59,999
20
6.9%
$60,000 to $69,999
25
8.6%
$70,000 to $79,999
25
8.6%
$80,000 to $89,999
15
5.2%
$90,000 to $99,999
10
3.4%
$100,000 to $124,999
25
8.6%
$125,000 to $149,999
10
3.4%
$150,000 to $199,999
35
12.1%
$200,000 and over
60
20.7%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59150627).
Market story
Rent in Vancouver
Census 2021 avg $2,320/mo here · Vancouver 2BR rent trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
Vancouver CMA rental snapshot · 2025
Purpose-built vacancy
3.7%
Avg 2BR rent
$2,363
+2.2% YoY
Condo vacancy
1.5%
Avg 2BR condo rent
$2,900
Source: CMHC Rental Market Report (2025)
CMHCVancouver outlook
From the CMHC Spring 2026 Housing Supply Report · Mar 2026
