Wallis, a truly unique project located Second Shaughnessy. 2 bedrooms and 2 batheroom with private attached garage, in floor hotwater heating through out this 2 level townhouse. Renowned architects, Formwerks Architectural have spent years achieving Wallis’ final design, fine tuning every square inch to ensure unsurpassed livability. Specializing in heritage retention, Ronse Massey Developments, an established custom home builder’s work can be found throughout Vancouver.Wallis will retain its 1929 origins while receiving a new life. This is a rare opportunity to own a low maintenance fee, freehold property in the heart of Shaughnessy.
Property details
2
Beds
2 full
Baths
1,151 ft²
Floor area
2022
Year built
2
Storeys
1
Parking
$513/mo
Strata fee
$5,052/yr
Gross tax
Location & structure
Townhouse
Type
None
Basement
Yes
Garage
No
Carport
Vancouver West
Area
Shaughnessy
Sub-area
Basement
None
Structure
Residential Attached
Property highlights
Balcony
Building amenities
Caretaker
Features & inclusions
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating
Natural Gas
Cooling
Air Conditioning
Parking
Garage Single, Rear Access, Asphalt
Lot
Central Location
Additional details
Common interest
Condominium
Levels
Two
Main floor (ground)
555 ft²
Tax year
2026
Listed by Sutton Group - 1st West Realty. Data from BCRES. Last updated Jul 2, 2026, 2:18 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 $319,800 down (20%) on $1,599,000, 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.
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 · 1,165 listings
Condo / Apartment
540
46.4%
Detached
330
28.3%
Townhouse
197
16.9%
Duplex
44
3.8%
Half-duplex
37
3.2%
Other
17
1.5%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Vancouver · 160 dwellings
Single-detached125 · 78.1%
Apartment in duplex25 · 15.6%
Low-rise apartment10 · 6.3%
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 #59150660· Vancouver· Transit 71/100 (1437m to rapid)· 0.27 km²
Median rent here
$3,400
Owner shelter cost
$5,240
Renters
23.3%
30%+ on shelter
55.2%
Population (2021)
488
Median age
40.4
Avg household size
3.1
Avg household income
$200,000
Renters
23.3%
Owners
76.7%
Immigrants
51.5%
Post-secondary
66.3%
Avg home value
$7,100,000
Single status
33.7%
Not in labour force
41.0%
Households with kids
41.9%
Median rent
$3,400
Owner shelter cost
$5,240
30%+ on shelter
55.2%
Breakdown
$25,000 to $29,999
5
3.4%
$30,000 to $34,999
5
3.4%
$35,000 to $39,999
5
3.4%
$40,000 to $44,999
5
3.4%
$45,000 to $49,999
5
3.4%
$70,000 to $79,999
10
6.9%
$80,000 to $89,999
5
3.4%
$90,000 to $99,999
5
3.4%
$100,000 to $124,999
10
6.9%
$125,000 to $149,999
15
10.3%
$150,000 to $199,999
20
13.8%
$200,000 and over
55
37.9%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59150660).
Market story
Rent in Vancouver
Census 2021 avg $3,400/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
