Almost 1000 SF 2-bedroom plus flex room unit in 'The Spot'. This unit is ideally situated in the heart of the city, at Cambie and West 12th, just steps from iconic Vancouver City Hall and the Canada Line, as well as Broadway transit corridor. This air-conditioned home features hardwood flooring throughout, new custom-built organizers in all closets, fully integrated high-end appliances and extensive quartz countertops and backsplash. The open-concept living and dining area offers excellent flow, with 2 bedrooms thoughtfully separated for added privacy. A good-sized flex room provides the perfect space for a den or home office. Covered balcony with a city view. Amenities include Exercise room and a fabulous rooftop deck featuring an outdoor kitchen, BBQ, veggie garden, playground and more
Property details
2
Beds
2 full
Baths
969 ft²
Floor area
2017
Year built
1
Parking
$866/mo
Strata fee
$3,570/yr
Gross tax
Location & structure
Single Family
Type
Listed
March 10, 2026
Structure
Apartment
PID
030-156-807
Property highlights
City view
Rooftop deck
Balcony
Gym
Building amenities
In-suite laundry
Features & inclusions
Appliances
All
Heating
Heat Pump, Forced air
Cooling
Air Conditioned
Parking
Underground
Lot
Central location, Elevator
Community
Pets Allowed With Restrictions
Additional details
Common interest
Condo/Strata
Tax year
2025
Listed by Saba Realty Ltd.. Last updated Apr 15, 2026, 10:25 AM.
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 $209,980 down (20%) on $1,049,900, 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.
Inventory mix
What this area trades in
Within 3 km of this listing · 1,767 listings
Condo / Apartment
1,253
70.9%
Detached
206
11.7%
Townhouse
191
10.8%
Duplex
53
3.0%
Half-duplex
39
2.2%
Other
25
1.4%
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 · 390 dwellings
Low-rise apartment325 · 83.3%
Apartment in duplex30 · 7.7%
Single-detached15 · 3.8%
Semi-detached10 · 2.6%
Row house10 · 2.6%
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 #59153155· Vancouver· Transit 92/100 (418m to rapid)· 0.08 km²
Median rent here
$1,920
Owner shelter cost
$1,720
Renters
69.2%
30%+ on shelter
26.9%
Population (2021)
763
Median age
34.0
Avg household size
1.9
Avg household income
$155,000
Renters
69.2%
Owners
29.5%
Immigrants
25.6%
Post-secondary
81.3%
Avg home value
$1,600,000
Single status
43.1%
Not in labour force
19.4%
Households with kids
13.8%
Median rent
$1,920
Owner shelter cost
$1,720
30%+ on shelter
26.9%
Breakdown
Under $5,000
10
2.6%
$5,000 to $9,999
5
1.3%
$15,000 to $19,999
15
3.8%
$20,000 to $24,999
10
2.6%
$25,000 to $29,999
15
3.8%
$30,000 to $34,999
10
2.6%
$35,000 to $39,999
10
2.6%
$40,000 to $44,999
10
2.6%
$45,000 to $49,999
15
3.8%
$50,000 to $59,999
20
5.1%
$60,000 to $69,999
25
6.4%
$70,000 to $79,999
25
6.4%
$80,000 to $89,999
25
6.4%
$90,000 to $99,999
15
3.8%
$100,000 to $124,999
45
11.5%
$125,000 to $149,999
35
9.0%
$150,000 to $199,999
40
10.3%
$200,000 and over
60
15.4%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59153155).
Market story
Rent in Vancouver
Census 2021 avg $1,920/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
$1083/sqft vs area comp median $750/sqft (44.5% above, 20 comps). ⚠ Comp set is older than 60 days. Used area-level comps (sub-area had <5 matches).
On a 7 to 10 year hold, the entry price relative to nearby listings sets the floor for appreciation. This listing is 44.5% above the median asking price nearby today.
Weak value signals·21/100
Weak value signals, score 21 of 100Based on 4 of 9 signals · score likely 0 to 50.8
Stale compsNo HPI coveragePrice history accruingRound-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.
