Very clean, spacious 2 bedroom, 2 bathroom ground-floor END UNIT for sale by original owner in the quiet and well-maintained Monterey Grande, offering 1,102 sq. ft. of comfortable living space. Enjoy the gas fireplace and the convenience of ground-floor access, with 2 patios combining for almost 300 sq ft. more! Residents appreciate the underground parking, clubhouse, library, and bike room, while nature lovers will enjoy the nearby off-leash dog park. Ideally located close to shopping, transit, and everyday amenities, with the future SkyTrain expansion adding even more convenience and long-term value.
Listed by RE/MAX Colonial Pacific Realty. Last updated Jun 8, 2026, 1:55 PM.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and 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 $101,980 down (20%) on $509,900, 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.
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
Inventory mix
What this area trades in
Within 3 km of this listing · 644 listings
Condo / Apartment
297
46.1%
Detached
215
33.4%
Townhouse
115
17.9%
Land
15
2.3%
Duplex
1
0.2%
Other
1
0.2%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Market story
Vancouver 2BR rent
Average monthly turnover rent · purpose-built apartments
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
Property analysisScored Jun 9
Buyer view7–10 year horizon
67.8% above nearby asking prices
$463/sqft vs sub-area comp median $276/sqft (67.8% above, 50 comps).
On a 7 to 10 year hold, the entry price relative to nearby listings sets the floor for appreciation. This listing is 67.8% above the median asking price nearby today.
Weak value signals·25/100
Weak value signals, score 25.3 of 100Based on 5 of 9 signals · score likely 2.9 to 47.7
No HPI coverageRound-number price anchor
Price comparisons use asking prices from nearby active and recently removed listings. Sold prices are not available through public listing feeds.
Scores weight nine signals across price, market, carrying cost, and location data. Sources: BCRES listing feed, GVR MLS® HPI, TransLink, BC Geographic Warehouse, Vancouver Open Data, Statistics Canada (2021 Census). One input among many, not advice.
