A rare PENTHOUSE offering in the heart of East Van! Beautifully updated two-bedroom home at Georgia Gardens combines character, privacy & an unbeatable location. Dramatic vaulted ceilings & oversized windows flood the space w/ natural light, while the thoughtfully designed floor plan lives exceptionally well. Cozy up by the gas fireplace or enjoy your morning coffee on your private patio—an urban oasis tucked away from it all1 Freshly painted & move-in ready! Updated kitchen & bath, custom built-in closets & generous bedroom sizes. Set within a well-run, self-managed boutique building just steps from Bosa Foods, Templeton Park & the vibrant cafés, restaurants & shops of Commercial Drive. 2 parking stalls, full-size Storage locker & bike room. A special home that rarely comes to market.
Property details
2
Beds
1 full
Baths
811 ft²
Floor area
1995
Year built
1
Storey
2
Parking
$618/mo
Strata fee
$2,301/yr
Gross tax
Location & structure
Apartment/Condo
Type
None
Basement
Yes
Garage
No
Carport
1
Fireplace
Vancouver East
Area
Hastings
Sub-area
Penthouse
Style
Style
Penthouse
Basement
None
Structure
Multi Family
Property highlights
Balcony
In-suite laundry
Patio
High ceilings
Storage locker
Bike storage
Building amenities
Gas included
Features & inclusions
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating
Baseboard, Electric
Parking
Underground
Lot
Central Location, Private, Recreation Nearby
Interior features
Elevator, Storage, Vaulted Ceiling(s)
Laundry
In Unit
Community
Shopping Nearby
Additional details
Common interest
Condominium
Levels
One
Main floor (ground)
811 ft²
Tax year
2025
Listed by Oakwyn Realty Ltd.. Data from BCRES. Last updated Jul 6, 2026, 12:20 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 $169,800 down (20%) on $849,000, 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 · 680 listings
Condo / Apartment
282
41.5%
Detached
181
26.6%
Townhouse
75
11.0%
Duplex
65
9.6%
Half-duplex
51
7.5%
Other
26
3.8%
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 · 220 dwellings
Apartment in duplex85 · 38.6%
Low-rise apartment75 · 34.1%
Single-detached50 · 22.7%
Semi-detached10 · 4.5%
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 #59153223· Vancouver· Transit 64/100 (1812m to rapid)· 0.13 km²
Median rent here
$1,560
Owner shelter cost
$2,400
Renters
44.4%
30%+ on shelter
34.8%
Population (2021)
483
Median age
39.2
Avg household size
2.2
Avg household income
$106,000
Renters
44.4%
Owners
57.8%
Immigrants
21.1%
Post-secondary
69.1%
Avg home value
$1,340,000
Single status
33.3%
Not in labour force
12.3%
Households with kids
27.3%
Median rent
$1,560
Owner shelter cost
$2,400
30%+ on shelter
34.8%
Breakdown
$20,000 to $24,999
10
4.4%
$25,000 to $29,999
10
4.4%
$30,000 to $34,999
10
4.4%
$35,000 to $39,999
5
2.2%
$40,000 to $44,999
5
2.2%
$45,000 to $49,999
5
2.2%
$50,000 to $59,999
15
6.7%
$60,000 to $69,999
15
6.7%
$70,000 to $79,999
15
6.7%
$80,000 to $89,999
10
4.4%
$90,000 to $99,999
15
6.7%
$100,000 to $124,999
20
8.9%
$125,000 to $149,999
40
17.8%
$150,000 to $199,999
25
11.1%
$200,000 and over
25
11.1%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59153223).
Market story
Rent in Vancouver
Census 2021 avg $1,560/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
