Some condos give you amenities. Unit 1506 gives you the pool just down the hall. Set in One Bear Mountain, this 2024 concrete high-rise home pairs everyday convenience with a true resort feel, including same-floor access to the outdoor pool deck with Mt. Finlayson as the backdrop. Inside, the 2-bed, 1-bath plan is smart and efficient, with separated bedrooms, a bright central living space, cheater ensuite, gas fireplace, quartz counters, gas range, and clean modern finishes. The expansive BBQ-friendly deck captures east-facing views over the golf course, Greater Victoria, and Mt. Baker. Perfect for quiet mornings, easy evenings, and effortless entertaining. With a SkyLounge, fitness centre, yoga studio, business centre, pet wash, and two Jack Nicklaus-designed golf courses nearby, this is a polished Bear Mountain residence for buyers who want views, comfort, and low-maintenance West Coast living. Have questions about the home, neighbourhood, or showing availability? Reach out today and we’ll help you get the details you need.
Listed by Pemberton Holmes Ltd. - Oak Bay. Last updated Jun 20, 2026, 1:35 PM.
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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $155,000 down (20%) on $775,000, 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 · 245 listings
Detached
88
35.9%
Condo / Apartment
79
32.2%
Land
32
13.1%
Townhouse
25
10.2%
Mobile home
13
5.3%
Other
8
3.3%
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 · Highlands · 330 dwellings
Single-detached305 · 92.4%
Apartment in duplex20 · 6.1%
Semi-detached5 · 1.5%
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 #59170650· Highlands· 11.50 km²
Median rent here
$1,000
Owner shelter cost
$1,680
Renters
7.8%
30%+ on shelter
15.8%
Population (2021)
918
Median age
44.0
Avg household size
2.8
Avg household income
$136,500
Renters
7.8%
Owners
92.2%
Immigrants
12.0%
Post-secondary
57.8%
Avg home value
$1,084,000
Single status
21.6%
Not in labour force
35.3%
Households with kids
31.8%
Median rent
$1,000
Owner shelter cost
$1,680
30%+ on shelter
15.8%
Breakdown
$30,000 to $34,999
10
3.1%
$35,000 to $39,999
5
1.6%
$40,000 to $44,999
10
3.1%
$45,000 to $49,999
5
1.6%
$50,000 to $59,999
20
6.3%
$60,000 to $69,999
15
4.7%
$70,000 to $79,999
20
6.3%
$80,000 to $89,999
20
6.3%
$90,000 to $99,999
10
3.1%
$100,000 to $124,999
40
12.5%
$125,000 to $149,999
30
9.4%
$150,000 to $199,999
60
18.8%
$200,000 and over
75
23.4%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59170650).
Market story
Rent in Highlands
Census 2021 avg $1,000/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.
CMHCBritish Columbia outlook
British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets
British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.
From the CMHC Housing Market Outlook 2026 · Jan 2026
